I was surprised to read this assertion about the minimum wage by labor analyst Harry Holzer in the Washington Post today:
For more than 40 years, Amtrak has relied on $1 billion or more a year in taxpayer handouts to run slow, and often late, passenger trains. Indeed, the man considered to be the “father” of Amtrak, Anthony Haswell, recently said that he is “personally embarrassed over what I helped to create.”
Republican negotiators are poised to win the prestigious Charlie Brown Award for Fiscal Policy sponsored by my colleague Dan Mitchell. With their 2011 Budget Control Act bearing fruit and providing some spending control the last two years, Republicans are gearing up to throw it away in return for fee increases and paltry spending trims.
Reporters who cover state and local government should heed the example of the Topeka-Capital Journal’s Andy Marso. It’s my opinion that reporters often insufficiently examine how state and local politicians spend federal tax dollars. Heck, I’m even surprised when a reporter mentions that the money originated from Uncle Sam to begin with.
New international student test results called PISA have been released. See here and here. Once again, U.S. high-school kids did poorly. American kids ranked 36th in math, 24th in reading, and 28th in science among 65 countries and jurisdictions. The U.S. scores were below the average of other countries in all three subject areas.
According to popular myth, Democrats favor government planning of the economy and Republicans favor free markets. Today’s example of why this is baloney comes from the Republican governor of Indiana, Mike Pence. Before I get to the story, readers should know up front that I was a state budget official (2006-2008) in the prior administration of Gov. Mitch Daniels (R).
To join their families for Thanksgiving this week, millions of Americans will face the drudgery of airline travel. Airports are crowded, flights are often delayed, and many travelers will get stuck in long security lines. It may get worse: a new study by the U.S. Travel Association (USTA) says that American aviation may be flying into a storm of “chronic congestion, delays, and frustration.”
An article on page 1 of Thursday’s Wall Street Journal describes the financial problems faced by some private infrastructure owners because of reduced demand from the Great Recession. The story features the Foley Beach Express bridge in Alabama built as a toll concession in the early 2000s. The bridge filed for bankruptcy in July after traffic volumes were lower than projections leaving taxpayers on the hook for millions.
A government study that finds a program doesn’t work and proposes to cut it is almost as rare as pigs that fly. But a new Government Accountability Office study on aviation does just that: it proposes chopping the Transportation Security Administration’s SPOT security program because it finds no evidence that it could stop airline terrorists.
Rumors abound that budget negotiators are nearing a possible deal to reverse spending cuts required under the 2011 Budget Control Act (BCA).