News broke on Friday, July 24 that Anthem, the largest for-profit managed health care company in the Blue Cross and Blue Shield Association, will purchase Cigna for $48.4 billion.  The total deal, which includes purchasing Cigna’s debt, is worth $54.2 billion.  Cigna is known primarily for administrating health insurance coverage for large employers.  The Wall […]

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On July 6, the General Accountability Office (GAO), the independent and non-partisan investigative arm of Congress, released a report entitled, “Medicare Part B Drugs: Action Needed to Reduce Financial Incentives to Prescribe 340B Drugs at Participating Hospitals.”  The report confirms what Citizens Against Government Waste (CAGW) has been saying for some time and that is […]

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On Thursday, June 25, the Constitution and our tripartite system of government took a major hit.  The Supreme Court, in a 6 to 3 opinion, ruled against the plaintiffs in King v Burwell, a lawsuit concerning who was entitled to taxpayer-funded subsidies in the Affordable Care Act (ACA) better known as ObamaCare.  You may recall […]

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It is disingenuous to call something fair and equitable when it is clearly not. This is the case with both S. 698, the Marketplace Fairness Act of 2015 (MFA), and the Remote Transaction Parity Act (RTPA), introduced on June 15, 2015 by Rep. Jason Chaffetz (R-Utah). Both bills purport to bring “equity” between the taxation […]

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The digital economy is continuing to grow, and copyright works, including books, movies, music and other creative works, play a large role in that growth. According to the International Intellectual Property Alliance, copyright contributes more than $1 trillion to the U.S. gross domestic product, and copyright industries employ nearly 5.5 million workers. However, as the […]

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In 2014, the Universal Service Fund (USF) collected approximately $8.5 billion to support telecommunications programs that include the Low Income support services, Lifeline and Link-Up programs; the High-Cost program; the Library and Schools program; and the Rural Health program. The funding for the USF is found in the charges on consumer’s communications bills as a […]

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Sen. Warren is having trouble getting anyone to support her war on auto dealer lending.  A June 1, 2015 Politico article stated that Warren has been actively trying to garner cosponsors for legislation that attempts to bring the auto finance industry under the Consumer Financial Protection Bureau’s regulatory jurisdiction.  The only problem?  Even her fellow Democratic senators […]

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When Chicken Little said “The sky is falling!” and convinced his barnyard brethren of the same, the facts notwithstanding, he practically invented fear-mongering. Trade liberalization opponents are engaged in their own version of spreading false and misleading information by claiming that so-called “fast track” legislation is fraught with end-of-the-world-as-we-know-it perils. Just as the falling acorn […]

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In the world inhabited by rational people, when a business repeatedly falters and fails make a profit, it is slated for downsizing and a return to the basic services where it had previously operated effectively. But, in the world of government-sponsored entities, the opposite impulse occurs. Having lost more than $46 billion since 2007, The […]

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In what appears to be an unprecedented and illegal action, the Internal Revenue Service (IRS) has apparently for the first time hired a law firm to assist in the income tax audit and investigation of a taxpayer. In a May 13, 2015 letter to IRS Commissioner John Koskinen, Senate Finance Committee Chairman Orrin Hatch (R-Utah) […]

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