At least 436 Department of Health and Human Services employees–and possibly more at the White House Office of Management and Budget–received advance notice of an $8 billion Medicare decision that sent private health insurers’ stocks soaring. The Department of Justice
China will loan Venezuela $4 billion and Mexico $1 billion for oil development. China also plans to strike a $1 billion trade deal with Mexico and is planning hundreds of millions of dollars in loans to Costa Rica, Trinidad, and
Countries around the world are blazing past the United States in job creation. That was the New York Times’ conclusion after analyzing the latest round of figures from Friday’s Labor Department report. As of March 2013, U.S. employment was down
Two former U.S. intelligence officials tell NBC News that the National Security Agency’s (NSA) massive trawling program previously scooped up the private email messages and phone calls of innocent Americans with no ties to terrorism. This prompted the Obama Justice
The National Security Agency’s top-secret slide presentation detailing the PRISM system that collects the contents of emails, video and web chat, and photos states that PRISM is the biggest contributor of information to President Barack Obama’s daily intelligence briefing, known
On Thursday, Wall Street Journal writer Kimberley A. Strassel cataloged a series of 2010 statements by President Barack Obama and his surrogates at the time the Internal Revenue Service (IRS) issued its first “Be On The Lookout” (BOLO) list for
On Thursday, Americans learned that since 2007 the National Security Agency (NSA) has operated a top-secret program called PRISM that vacuums up the actual contents–not just so-called metadata, as with the National Security Agency’s phone record collections–of emails, video and voice chat,
An analysis by the former chairman of the president’s Council of Economic Advisers finds that given today’s sluggish job growth, it will take over a decade for employment to return to pre-recession levels. Edward P. Lazear, now a fellow at
Roughly 80% of the Senate’s $955 billion farm bill, which is expected to pass this week, will go to bankroll food stamps over the next ten years. “The trillion-dollar farm and food stamp bill should not be called the ‘Farm
On Tuesday, Sen. Charles Grassley (R-IA) called President Barack Obama “the most stonewalling president this country has ever seen.” Grassley’s comments, which came during an interview with The Hill, represent a sharp contrast to Obama’s past claims that his is
The Federal Housing Administration (FHA) failed to disclose an internal stress test that revealed the agency’s projected losses over 30 years could be up to $115 billion under severe economic conditions, a figure over $100 billion higher than the $13.5
During a Tuesday Congressional hearing, Health and Human Services (HHS) Secretary Kathleen Sebelius admitted she called three companies under her agency’s regulatory to encourage them to support a non-profit, Enroll America, whose mission is to promote and enroll citizens for
On Monday, Fitch Ratings downgraded the Illinois state government’s credit rating. The decision to drop the state’s credit from an “A” to an “A-” came as state legislators failed to move forward on solving Illinois’ public-employee pension crisis, reports the Associated Press. Prior
Billionaire liberal activist Tom Steyer is mobilizing his NextGen Action political action committee (PAC) to kill the Keystone Pipeline. Steyer plans to hone in on Obama voters to defeat the pipeline, a risky political strategy that could deepen rifts between
U.S. manufacturing hit a wall in May, contracting to its lowest output levels in four years. The manufacturing slowdown caught analysts by surprise. The Institute for Supply Management (ISM) manufacturing index dropped from 50.7 in April to 49 in May.
An alarming newly rendered map by China’s mapping authority reportedly includes 80% of the South China Sea–a major passageway for international trade–as within China’s sovereign borders. As Forbes writer Gordon G. Chang notes, “each year, more than half of the
The number of new businesses creating jobs in America continues to fall as health care costs, America’s aging population, and increased regulations have made entrepreneurs more risk-averse. According to data compiled by the Wall Street Journal, venture capital invested in
Former Obama aides are cashing in on their high-powered connections and access to President Barack Obama, reports the Washington Post. Despite Obama’s promises to slow down Washington’s whirling revolving door, DC cronyism and influence peddling are alive and well. Take,
On Friday, Boeing announced plans to transfer 300 engineering jobs from Washington state to nonunion locations in Long Beach, California and North Charleston, South Carolina. The aeronautics giant also says it is considering opening a new design facility in Kiev,
The Democrat-controlled California State House and Senate have advanced five bills which the California Chamber of Commerce call “job killers,” including legislation that would end business tax breaks, raise minimum wage $1.25 an hour, and slap businesses with higher air
