In an interview with the Economist, President Barack Obama heralded his role in saving the U.S. economy. “Since I have come into office, there’s almost no economic metric by which you couldn’t say that the U.S. economy is better and
Middle class Americans are poorer today than they were in 1984. As Slate reported on Thursday, an analysis by the Russel Sage Foundation finds that median household wealth in 2013 was 20% less than it was in 1984. According to
Former Majority Leader Eric Cantor (R-VA) is considering hedge fund, private equity, and big bank job offers that could bag him over $1 million a year, reports Politico. “There are two famous streets in America that would be glad to
A newly released Government Accountability Office (GAO) report reveals that the Obama administration’s disastrous management of the construction of the Obamacare website cost U.S. taxpayers $840 million. That figure could climb even higher, as entire sections of the Obamacare website,
A new poll conducted by the Henry J. Kaiser Family Foundation finds that Obamacare is more unpopular than ever. Just 37% of Americans say they support the Affordable Care Act (ACA), President Barack Obama’s signature legislative achievement. Worse for Obama
Former U.S. Sens. John Breaux (D-LA) and Trent Lott (R-MS), who recently merged with international law giant Squire Patton Boggs, say they are excited to leverage their crony lobbying contacts globally on behalf of the world’s highest corporate bidders. “Now
Justice Department data obtained by the Associated Press on Thursday reveal that the Obama administration’s plan to reduce America’s prison population has sparked five times as many inmate applications for early release as the year prior. Since April, 3,300 federal
HBO Real Time host Bill Maher went on a bizarre rant Friday against conservatives for having an “unshakable” belief in free markets, which Maher says is in error because big business and Washington have snuffed out competition by engaging in
General Motors Co. announced on Wednesday six new recalls for 717,950 U.S. vehicles, bringing its 2014 total recalls to 29 million worldwide, 25.7 million of which have been in the United States. That works out to more recalls worldwide than
On Tuesday, Vice President Joe Biden declared that America’s jobs picture is brighter than ever. “Businesses are hiring at historic rates, with 52 consecutive months of net private sector job growth,” said Biden in the newly released report supporting the
On Monday, a federal judge tossed out a lawsuit by Sen. Ron Johnson (R-WI) challenging the Obama administration’s decision that members of Congress and their staffs must secure government-subsidized health insurance through Obamacare exchanges. U.S. District Judge William Griesbach, a
The USA Today editorial board blasted Congress for its recent efforts to undermine the Stop Trading On Congressional Knowledge (STOCK) Act which banned members of Congress from profiting off of insider knowledge when making investments. As USA Today noted, a book
A new analysis by WalletHub.com finds that Obamacare has reduced the number of uninsured Texans by less than 2 percent. The study, which was based on data from Kaiser Family Foundation and the Centers for Medicare and Medicaid Services, found
The House Oversight and Government Reform Committee released emails Wednesday from disgraced former Internal Revenue Service (IRS) Director of Exempt Organizations Lois Lerner wherein she advised her colleagues that “We need to be cautious about what we say in emails”
President Barack Obama hailed it “the defining challenge of our times.” The Pope called it the “root of social evil.” And progressive economics sensation Thomas Piketty bagged big money penning a best-seller on the topic. Yet despite the left’s best efforts
With just 121 days until Democratic candidates face angry voters at the polls, President Barack Obama is touting a recent jobs report as evidence that his jobs agenda is finally working. “We’re making progress,” Obama declared proudly. Yet as even
The unpopular, job-killing Obamacare provision that forces businesses with 50 or more employees to pick up the tab for workers’ health insurance or face a hefty tax has now lost support from even liberals, Politico Magazine reported Sunday. Liberals ranging
U.S. taxpayers paid $37.8 million in salaries for President Obama’s 456 White House employees, according to a newly released administration report. With a median individual salary of $70,700 per year, White House workers make well above the median household income
A devastating new Health and Human Services (HHS) Inspector General report released on Tuesday reveals that the Obama administration has yet to determine whether 1,295,571 of the over 8 million Obamacare enrollees are U.S. citizens lawfully in the country. The
The Internal Revenue Service ruled it will impose a tax penalty on employers of up to $36,500 per worker for dumping employees into the Obamacare exchanges. The New York Times, which broke the story, reports: When employers provide coverage, their
President Barack Obama’s Obamacare law has Democratic candidates in a political quandary, the Associated Press reported on Sunday. The latest Associated Press poll finds that only 28% of Americans support Obamacare, despite the fact that the law has been in
Last year, Reps. Nancy Pelosi (D-CA) and Debbie Wasserman Schultz (D-FL) vowed that Obamacare would be so popular with voters that Democrats would run on the president’s health care law leading up to the Nov. 4 midterm elections. A new
Big banks are breathing easier in the wake of Tea Party defeats that they believe increase the GOP’s odds of reclaiming the Senate, reports The Hill. “The fact that Ted Cruz will not have a whole lot of new allies
A key cost-reducing aim of Obamacare was to reduce expensive emergency room visits by having taxpayers subsidize coverage for the uninsured. However, according to a forthcoming survey by the American College of Emergency Physicians, nearly half of ER doctors report
Obamacare customers caught lying on their applications in an effort to bag bigger taxpayer-funded subsidies could get slapped with a $25,000 to $250,000 fine. Page 409 of the recently released Health and Human Services regulations states that “any person who
President Barack Obama told wealthy Democratic donors at a tony, 60-person fundraising party Monday night that in five years his unpopular Obamacare program will be so popular that Republicans will no longer call it Obamacare. “First of all, in five
Tanking radio ratings and an exorbitant $25.9 million compensation package for Cumulus CEO Lew Dickey may spark tough questions from investors at the forthcoming Cumulus shareholders meeting, reports top radio industry analyst and author of Inside Music Media, Jerry Del
At a 60-person Democratic fundraiser Monday night, President Barack Obama told donors that debates over scandals such as Benghazi and Obamacare are pointless. “The debate we’re having now is about what, Benghazi? Obamacare? And it becomes this endless loop. It’s
A new Gallup poll released on Monday shows that Americans consider unemployment/jobs, government corruption, and the economy as the three “most important” problems facing the country. Just 3% of those surveyed listed the environment/pollution as America’s most important problem. President
A Naples, Florida, man allegedly threatened to kill a convenience store clerk and hit two employees in the head with a baseball bat on Saturday when the store’s employees refused to give him a cash refund for purchases he made
A devastating new Politico poll released on Monday shows likely voters in key 2014 midterm election races favor a Republican candidate over a Democrat by seven points. Driving Democrats’ electoral descent is the unpopularity of President Barack Obama and his
An investigative report by the Washington Post reveals that nearly 1 million individuals who enrolled or attempted to enroll in Obamacare “ran into questions about their citizenship status.” As the Post explains, “Flaws in HealthCare.gov blocked many naturalized citizens or
An investigation of internal Obama administration documents by the Washington Post has discovered that as many as one million Obamacare enrollees may be receiving incorrect taxpayer-funded subsidies due to persistent technical problems with President Barack Obama’s controversial and unpopular health
A 436-page stack of regulations released on Friday by the Department of Health and Human Services (HHS) paved the way for the Obama administration to bailout health insurers who lost money on Obamacare. Originally, the Obama administration promised its so-called
On Friday, Republican lawmakers called for an investigation into an Obamacare contractor that reportedly paid workers to do nothing. As Breitbart News reported Wednesday, British company Serco received $1.25 billion in taxpayer money to process Obamacare applications. However, according to a
Sens. Orrin Hatch (R-UT) and John Barrasso (R-WY) introduced a bill on Wednesday that would require states who ditch their busted Obamacare exchanges and join the federal HealthCare.gov to pay back the money they wasted. The bill, known as the
Financial disclosure forms released on Thursday reveal that President Barack Obama lists assets worth between $1.95 million and $7.15 million. Obama and First Lady Michelle Obama reported $503,183 in income. Obama receives a presidential salary of $400,000. Obama also reported
A whistleblower in St. Louis, Missouri, came forward to reveal that Obamacare contractor Serco, a British company that receives $1.2 billion in taxpayer money to process paper Obamacare applications, pays employees to sit and do nothing. “Serco, as a contractor,
National Public Radio (NPR) reported Wednesday that mail order company AmeriMark Direct, which employs 700 people, has seen its health care premiums jump 8% and may consider dropping coverage for its employees due to Obamacare. NPR says a key driver
Opponents of President Barack Obama’s controversial Obamacare program warned that the health law would fail to reduce insurance costs and could result in double-digit premium jumps. Now it’s official: 2015 filings in the states of Washington and Virginia show large
