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Budget & SpendingH

Budget & Spending Legislative Alerts

Missouri named ‘’a sinkhole state”

August 12, 2014 J

By Erin Amsberry A recent study conducted by Truth in Accounting named Missouri “a sinkhole state” as it came in ranked as the 31st worst state in the nation for financial stability. Even though Missouri has measures in place that require legislators to balance the budget, their misleading ways of accounting allow Missouri’s financial situation [...]

Export-Import Bank: Privatized Gains and Socialized Losses

August 12, 2014 J,

Much has been written over the costs and shortcomings of the beleaguered bank as well as its corporate welfare aspects. In fact, one notable politician called Ex-Im “little more than a fund for corporate welfare” – but that was before he was elected president. What has been less discussed, however, is that for every job the Ex-Im bank “supports “it destroys as many, if not more, American jobs.

Government Not the Cure for Drug Prices

July 31, 2014 J,

Politicians have been trying to provide affordable prescription drugs for more than a decade. Before the Patient Protection and Affordable Care Act, also known as Obamacare, there was Medicare Part D seeking to lower costs for senior citizens. Unfortunately for politicians, breakthrough new drugs often take billions of dollars and millions of man hours to produce and higher prices are needed to recoup these costs; such is the situation with the new Hepatitis C cure courtesy of Gilead Sciences.