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Issues

Facts That Make You Cringe – Issue 99

Tuesday, September 22, 2015

FactsThatMakeYouCringe_LargeIn 1967 the projected cost (of Medicare) by 1990 was $12 billion. Actual cost: $110 billion. In seven years it will hit $1 trillion.

Medicare at 50: Hello, Mid-Life Crisis – Sally C. Pipes, The Wall Street Journal, 7/30/15

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Facts That Make You Cringe – Issue 98

Thursday, August 27, 2015

FactsThatMakeYouCringe_LargeAmerica’s more than 6,000 colleges receive on average one new rule, regulation or guidance letter each workday from the (Federal) Education Department.

– Sen. Lamar Alexander (R-TN)

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More Bailouts Comin’ Your Way!

Wednesday, August 19, 2015

FactsThatMakeYouCringe_LargeRichmond Fed[eral Reserve Bank] researchers find that as of the end of 2013 taxpayers were standing behind nearly $26 trillion of financial liabilities, or 60% of all U.S. financial liabilities. The Wall Street Journal, May 22, 2015

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And You Thought NASA Was Spying on You?

Thursday, July 23, 2015

FactsThatMakeYouCringe_LargeThe Consumer Financial Protection Bureau, through its 12 data-mining programs, collects and monitors information for nearly 600 million personal credit-card accounts on a monthly basis. The CFPB is gearing up to monitor 95% of all credit-card transactions by 2016 (more about this below).

The Wall Street Journal, July 2, 2015

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Yet Another Example of Federal Efficiency

Wednesday, July 8, 2015

FactsThatMakeYouCringe_LargeFor example, a 2011 Congressional Research Service estimated that major Federal Highway Administration projects can require up to 200 regulatory steps and take between nine and 19 years to complete – with planning, design and federal environmental reviews consuming up to half of that time. Even small projects can take between four and six years from start to finish.

The Wall Street Journal, May 26, 2015

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And They Never Even Thank Us for Paying Them

Wednesday, June 10, 2015

FactsThatMakeYouCringe_LargeThe Wall Street Journal (May 22, 2015) reports that “According to the Bureau of Economic Analysis, compensation for government workers nationwide has grown 21% since 2000, compared with only 9% in the private economy.”

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We’re # 49! We’re # 49! Let’s Hear it For Oregon!

Wednesday, May 27, 2015

FactsThatMakeYouCringe_LargeIn a report released earlier this month by the Alliance for Excellence in Education and three similar entities we learn that, out of 49 states reporting high school graduation rates, Oregon ranks #49.

States ranked ahead of Oregon include Alabama and Mississippi, both of which spend less per pupil than does Oregon!

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