Tax refunds will be cut for ACA recipients

Susan Tompor Detroit Free Press via USA Today 9/21/2014

A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.

Those affected took advance […]

Stockman Warns of Crash of Fed-Fueled Bubble Economy

Richard Rubin Bloomberg 4/1/2013

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing […]

Congresswoman fails to report over half a million dollars in income

Matthew Boyle The Daily Caller 10/18/2012

California Democratic Rep. Lois Capps has been caught failing to report income to the U.S. House of Representatives again – this time for leaving more than half a million dollars off her required congressional disclosure forms.

“From 1998 through 2006,” Chris Meagher of the Santa Barbara Independent newspaper reported, […]

GDP collapse puts U.S. economy into recession red zone

James Pethokoukis AEIdeas American Enterprise Institute 9/27/2012

…GDP growth for the second quarter was revised down to 1.25%. Here is Reuters:

Economic growth was much weaker than previously estimated in the second quarter as a drought cut into inventories, setting the platform for an even more sluggish performance in the current quarter against the backdrop […]