Two weeks ago, Bankrupting America reported two provisions in the Affordable Care Act could provide a bailout to health insurance companies if they sustain significant losses under the law.
Here’s a roundup of this morning’s must-read budget and economic stories.
When the government decides to bail out a specific industry or firm, it is choosing to pick winners and losers, which distorts the marketplace. And with the Treasury Department revising the cost of the auto bailout upward earlier this month, we thought it was appropriate to step back and examine the facts surrounding the government’s bailout of the auto industry.
According to Politico, 29% of registered voters think the next generation will be better off economically than the current one. 64% think it will not.
When the auto bailout was passed, Washington told the American taxpayers that it was an investment that would pay itself back in the long run, but now it looks like that investment is costing us more than we bargained for.
Protests erupted in Spain this week as Spanish Prime Minister Mariano Rajoy announced during a six-hour session of parliament a significant shift in fiscal policy.
Pro-growth policies. A favored catch phrase for some of the G20 leaders who are struggling to maintain popularity in the downtrodden economies of Europe after it’s near fiscal meltdown. But, to some, this phrase is a thinly veiled attempt to re-brand a return to the same type of spending which caused their economies to head south in the first place.
On Sunday, fathers will be sharing their big day with the anxiously awaited Greek elections. Why should you be tuning in?
As Greece prepares for another round of elections Sunday that may result in the country’s exit from the Euro Zone, leaders of the top 20 economies prepare to navigate the aftermath Monday and Tuesday in Mexico.
A roundup of this morning’s must-read budget and economic stories.