Presidential candidates used to be picked by men in smoke-filled Washington, D.C. backrooms. Those days may be over, but that doesn’t mean backroom deals still aren’t determining key policy decisions in our nation’s capital. The fate of the Export-Import (Ex-Im) Bank may be decided by such a deal. This once-obscure government agency provides taxpayer-backed financial support to large corporations, as well as foreign businesses and enterprises owned by foreign governments. For years Congress routinely reauthorized the bank by a simple voice vote, with little fanfare. That changed in 2014, when…
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Average premium increases above 25%, roughly one-third of U.S. counties projected to lack any competition in the Affordable Care Act (ACA) exchanges next year, and enrollment less than half of initial expectations provide strong evidence that the law’s exchange program is failing. Moreover, the failure is occurring despite massive government subsidies, including nearly $15 billion…
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