The federal government's fiscal year ends on September 30, concluding the month-long spending spree known as "use it or lose it" season in Washington--resulting in a slew of questionable purchases this month. There should be a way to save last-minute unspent dollars, rather than spending them.
Northern Virginia is growing, and its transportation infrastructure should grow with it. However, there are better, cheaper alternatives to the $5.7 billion Silver Line, and the savings can be used in many more productive ways.
As the comptroller and chief financial officer of Texas, I worry about energy policy choices by policymakers that can have significant and adverse consequences. It seems to me that it is time for wind energy to stand on its own towers.
The Food and Drug Administration is encouraging companies to move fast on treatments for Ebola, the disease that is rapidly spreading through West Africa. If FDA applied the same sense of urgency to Ebola vaccines in the past or to other drugs in its pipeline, millions of people would be better off. Instead, it stalls until a crisis arises, resulting in more deaths and untold suffering.
Long historical experience suggests that for the United States, average growth between 3 percent and 3.25 percent per year will remain the norm. And given the amount of resource underutilization that remains pervasive throughout the economy today, near-term growth rates well above that long-term average remain clear possibilities.
Hailo allows people to request taxis via their smartphones, similar to Uber's ridesharing model. Hailo is a small positive step for the besieged taxi industry, but it may be too late to preserve the taxi cartels' undeserved power now that consumers have experienced the immense benefits of ridesharing.
This week marks the launch of Lean Together, a 221-page book that presents an economic agenda for women’s advancement. Hadley Heath Manning, IWF’s director of health policy, said: “The government is telling women that they are not capable of making a wide range of decisions." Stand up, be heard and do things for yourself is the message.
On August 28 the New York Times published a provocative article entitled “Medicare: Not Such a Budget Buster Anymore.” Its thesis was that Medicare no longer poses the budgetary threat it was projected to just a few years ago. However, the financial problems caused by rising Medicare spending are far from solved.
Bipartisanship in Washington is not quite dead. Republicans and Democrats both praised the Department of Energy's approval of two new liquid natural gas export projects. Speeding up exports would be a win for America and a win for Europe.