Chris Edwards

60 Minutes Disability Investigation

The abuse and overspending in government disability programs is so bad that even National Public Radio and 60 Minutes have taken notice. On the heels of this excellent NPR examination of the “disability industrial complex,” the venerable CBS news show last night profiled Senator Tom Coburn’s efforts to uncover fraud in the two big federal disability programs.

The Income Tax: A Century Is Enough

Alexander Hamilton won in the end. As Treasury Secretary in the 1790s he championed an array of “internal” taxes to supplement federal revenues from import tariffs. Thomas Jefferson despised Hamilton’s internal taxes as assault on liberty, and when elected in 1800 he made sure that they were abolished.

Shutdown Could Shutdown Waste

A benefit of the government shutdown may be that it slows the stream of waste and bad behavior flowing from the federal bureaucracy. Catching up on my reading, I noticed these items in just the last few days of the Washington Post:

Thoughts on the Government Shutdown

All eyes are on the government shutdown battle over Obamacare. Here are a few thoughts:

Admiral Ted Cruz

Senator Ted Cruz’s filibuster was impressive. Naysayers claim that it was pointless because Obamacare won’t be defunded this year with a Senate and White House controlled by Democrats. But at a minimum, Cruz and supporting senators have highlighted the huge flaws in the health law and reminded everyone of its unpopularity. If Republicans actually want to repeal the law—as they all say they do—then they need to take every opportunity to hammer away at it.

Sustainable Budget, Not “Sustainable Communities”

Commenting on the federal budget the other day, House Minority Leader Nancy Pelosi said “the cupboard is bare. There’s no more cuts to make.”

Federal Spending and Debt, 1790 to 2050

As policymakers begin fighting over this year’s appropriations, the Congressional Budget Office has released a long-term projection that puts today’s budget battles in broader context. The federal government is in the most unique and dangerous fiscal situation that it has ever been in during peacetime.

End Federal Aid Photo-Ops, By Ending Federal Aid

I was struck by a photo and story in the Washington Post and Baltimore Sun earlier this week. A group of high-powered politicians had assembled at the Port of Baltimore for a ceremony to roll out a federal grant for seaport investment. The group included the vice president of the United States, the two U.S. senators from Maryland, the Secretary of Transportation, and numerous other important political leaders.

Profits: Liberal Theorizing vs. the Real World

The Washington Post’s Steve Pearlstein published a lengthy diatribe against corporate profits yesterday. Or at least it was against firms wanting to earn profits now in the current quarter rather than some time period later on.

U.S. Government Spending, 1970-2013

Downsizing Government has a new tool allowing readers to chart spending for more than 500 federal agencies with the click of a mouse. It’s pretty cool. Hopefully it will help citizens, reporters, and policymakers understand how the budget has grown to a colossal $3.5 trillion a year.

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