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By Timothy P. Carney |
06/13/13 12:50 PM
The Export-Import Bank is a government agency that uses taxpayer-backed financing to subsidize U.S. exports — mostly Boeing jets. President Obama, while he was a candidate, called it “little more than a fund for corporate welfare.” Rep. Justin Amash and Sen. Mike Lee have introduced bills...
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By Timothy P. Carney |
06/12/13 05:05 PM
NSA leaker Edward Snowden didn't draw a paycheck from the federal government, but instead from a federal contractor, Booz Allen Hamilton, which brought in $1.3 billion for its government intelligence work, nearly a quarter of its revenue, according to the New York Times.
Dozens of companies,...
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By Timothy P. Carney |
06/12/13 04:30 PM
The Federal Trade Commission weighed in D.C.’s proposed taxi rules — not flexing the feds’ authority over the District, but simply as an informed commenter on the proposed rules.
Praising the rules that allow for app-based limo services like Uber, the FTC still expresses “concern that...
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By Timothy P. Carney |
06/11/13 03:25 PM
Farmers take risks, buy things, sell things, borrow, invest, and try to make profits. But thanks to Congress, farming differs quite a bit from free-market capitalism. Let’s take a look for a second at the summary Brad Plumer has written of the farm bill, and contrast the way farming works to...
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By Timothy P. Carney |
06/11/13 01:25 PM
David Bowen “was instrumental in shepherding President Obama’s landmark health care bill through the Senate as staff director for health of the U.S. Senate Committee on Health, Education, Labor and Pensions under Chairman Sen. Ted Kennedy,” says Hill & Knowlton, the PR shop that is...
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By Timothy P. Carney |
06/10/13 05:40 PM
Here’s a good point from blogger Matt Yglesias:
I think the more interesting issue is how it alters the lobbying dynamic. An established government bureaucracy has, of course, considerable capacity to lobby on behalf of its own interests. That’s particularly true when the bureacracy’s...
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By Timothy P. Carney |
06/10/13 03:35 PM
Ken Salazar, President Obama’s Interior Secretary, has joined the law firm Wilmer Cutler Pickering Hale & Dorr, also known as WilmerHale.
Salazar, according to reports, will split time between Colorado (which he represented in the U.S. Senate for four years), and D.C. Wilmer Hale...
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By Timothy P. Carney |
06/10/13 02:35 PM
Doug Scofield was chief of staff to Rep. Luis Gutierrez, an Illinois Democrat, until 2002. In 2003, Scofield took two consulting jobs:
(1) Taxpayer-funded political consultant for Gutierrez’s office;
(2) State-level lobbyist for health care companies and all sorts of nonprofits.
USA...
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By Timothy P. Carney |
06/09/13 05:25 PM
"If you have something that you don't want anyone to know," Google CEO Eric Schmidt said in 2009, "maybe you shouldn't be doing it in the first place."
This line was creepy enough coming from one of President Obama's confidants and fundraisers. It takes on added weight now that the Washington...
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By Timothy P. Carney |
06/06/13 05:25 PM
One federal agency that exists to subsidize U.S. exports dedicates a huge majority of its financing to subsidizing Boeing jets. It’s classic corporate welfare, in my view. Republicans say they believe in the free market, but most congressional Republicans voted to reauthorize the agency.
On...