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Keyword: cost

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  • America's Missing Wealth: The Real Cost of Government Will Stun You

    10/07/2014 6:44:27 AM PDT · by SeekAndFind · 5 replies
    Forbes ^ | 10/07/2014 | Rich Karlgaard
    “COMPOUND INTEREST is the eighth wonder of the world.” Did Albert Einstein say this? He should have. It’s true. Few grasp compounding’s power. Or they do, but the need for quick gratification overwhelms their good sense. On the radio someone asks Dave Ramsey, the money guru with an avid following among the heartland’s middle class, whether it’s okay to take out a payday loan for special occasions. “Like what?” asks Ramsey. “Um, tickets to the state fair,” the caller answers. Now, understand that Ramsey is a debt hawk who hates credit cards. The idiocy of taking out a usurious payday...
  • How Much Does It Cost To Be a Parent?

    09/23/2014 6:26:14 AM PDT · by SeekAndFind · 25 replies
    RCM ^ | 09/22/2014 | Isabel Sawhill
    Children can be a great source of satisfaction but also stressful. As Jennifer Senior puts it in the title of her excellent book on the topic, being a parent is "all joy and no fun." Quite apart from the daily aggravations from arguing with a belligerent toddler or cleaning up after a messy teenager, I wonder how many people think ahead about what it's going to cost in both time and money. According to the Department of Agriculture, raising one child from birth to college age cost an average of $241,080 in 2012. That doesn't even include the two really...
  • Raising a kid born in 2013 will cost you $245K or double if youre in New York

    08/19/2014 6:12:04 PM PDT · by SeekAndFind · 24 replies
    New York Post ^ | 08/19/2014 | David K. Li
    Those little bundles of joy are going to cost you big time. A child born in 2013 will drain an average of $245,340 from his or her middle-class parents over the kids first 18 years on Earth, a federal study revealed on Monday. And that doesnt even include the cost of college. The figure is up $4,260, or almost 2 percent, from the year before, according to the report from the annual United States Department of Agriculture. Factoring in inflation, the total cost will turn out to be closer to $340,480 in actual greenbacks spent. The latest figures blow...
  • How Does Cutting Taxes Increase Cost?

    07/14/2014 7:45:31 AM PDT · by MosesKnows · 14 replies
    How Does Cutting Taxes Increase Cost? Did Bush tax cuts cost the U.S. economy $6.6 trillion?I paid little attention to this headline on Yahoo Finance the other day because it was not a sensible question. Later, it came up in a different venue and I discovered there are people who believe that cutting taxes increase cost. Ill leave it up to you to discover who they are. Only spending can add cost. We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much
  • The American Dream is alive but it will cost you $130k a year

    07/10/2014 2:17:48 PM PDT · by SeekAndFind · 30 replies
    Yahoo Finance ^ | 07/10/2014 | By Nicole Goodkind
    The American Dream has been a focal point and topic of debate since the financial crisis of 2008: citizens and politicians alike are asking whether it's time to redefine what success looks like in the U.S. According to Howard Gold, columnist for MarketWatch and founder of GoldenEgg Investing, the white picket fence and security that hard work can bring is still alive, but it will cost you... a lot. In a USA Today article, Gold calculated that for a family of four living out the American Dream costs just over $130,000 a year. "This isnt about being rich, Gold tells...
  • Rising costs eat into returns even with high oil prices, IHS says

    07/01/2014 5:26:19 AM PDT · by thackney · 6 replies
    Fuel Fix ^ | June 30, 2014 | Collin Eaton
    Oil producers are making less for the capital theyre spending than they did a decade ago, when U.S. benchmark crude prices were below $30 a barrel, a new report concludes. A study of more than 80 oil companies showed they made an average 8.6 percent in returns on average capital employed last year, and 11 percent in 2012 both lower than exploration-and-production returns in 2001, according to a report released Friday by IHS. The price of West Texas Intermediate crude climbed from $27 a barrel in 2001 to $98 a barrel last year. My guess is that shareholders are...
  • Pressure on Oil Megaprojects

    06/23/2014 3:50:31 AM PDT · by Laurent.w · 2 replies
    The New York Times ^ | JUNE 17, 2014 | MURIEL BOSELLI
    Around the world, the giant oil companies of the United States and Europe are putting the brakes on a decade-long spending spree focused on finding and developing offshore oil fields in ever-tougher environments. The reason: Soaring costs are outpacing foreseeable rises in energy prices. Analysts at Bernstein say oil prices are likely to remain stable in the near term, but they also point to a long-term uptrend, with prices underpinned by rising costs. They predict that oil prices will rise to an average of $132 per barrel in 2018, from $110 per barrel now. The era of easy to find,...
  • Hospitals hiking cost on the poor due to ObamaCare

    05/27/2014 11:50:04 AM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 05/27/2014 | Ed Morrissey
    There are multiple levels of irony in this New York Times report on the impact of ObamaCare on poor patients in the nation’s hospitals. Congress demanded the power to revamp the health-insurance industry and expand Medicaid in order to help the poor get better medical care for less money. In reality, the opposite appears to be happening, as hospitals attempt to force the poor into ObamaCare: Hospital systems around the country have started scaling back financial assistance for lower- and middle-income people without health insurance, hoping to push them into signing up for coverage through the new online marketplaces...
  • Industry Group Warns Prescription Costs Will Rise under Obamacare

    05/16/2014 4:11:50 PM PDT · by John Semmens · 13 replies
    Semi-News/Semi-Satire ^ | 16 May 2014 | John Semmens
    The Pharmaceutical Research and Manufacturers of America (PhRMA) reports that a study comparing out-of-pocket costs under Affordable Care Act health insurance policies will likely exceed costs under employer sponsored plans by an estimated 130%. John Castellani, president and CEO of PhRMA, expressed concern that millions of Americans may be priced out of receiving the medicines they need. This completely contradicts the Administrations promise that the Affordable Care Act would provide coverage equivalent to or better than what people had prior to the new law. Deputy Secretary of Health and Human Services Bill Corr disputed the implication that the health of...
  • Obama's $40 Million Travel Tab

    05/01/2014 7:00:02 AM PDT · by SeekAndFind · 11 replies
    American Thinker ^ | 05/01/2014 | Jeannie DeAngelis
    While the American people continue to struggle to survive in any way they can, the Obamas live like leeches on the blood, sweat, and tears of every hardworking person. Days after taxpayers found out that the hotel tab for just two days of Michelle Obama’s eight-day China jaunt cost $222K for 144 rooms at the Shangri-La Hotel in Chengdu, educational foundation Judicial Watch released a report revealing that vacation travel costs to transport the first family around the globe have topped $40 million.  According to the U.S. Air Force, just two of Barry-the-Duffer’s recent golf outings have cost “north of...
  • Report: $663,000 cost to save US family off Mexico coast (and could go higher)

    04/12/2014 5:51:23 PM PDT · by SilvieWaldorfMD · 70 replies
    KGO, San Francisco ^ | 4/11/14 | KGO
    SAN DIEGO (KGO) -- There is now an estimate on how much it cost to rescue a San Diego family with a sick child off the coast of Mexico. A San Diego newspaper crunched the numbers and says the price for the joint effort between the Coast Guard, Navy and National Guard came to $663,000 and could go higher. The family arrived back on shore Wednesday. The parents have taken some heat for taking their children on a yearlong sailing trip.
  • Insurers raise cost concerns after ObamaCare demographic data released (Pelosi knew)

    01/14/2014 3:28:00 PM PST · by Libloather · 16 replies
    Fox News ^ | 1/14/14
    WASHINGTON Insurers have raised concerns that too few young people are signing up for heath insurance through the ObamaCare exchanges after newly released statistics showed that less than a quarter of people who have enrolled are between the ages of 18 and 34. According to the numbers released Monday by the U.S. Department of Health and Human Services, only 24 percent or 489,460 of the 2.2 million people who signed up for ACA were in the coveted 18-to-34 age range. That means the government has hit only 18 percent of its stated goal of registering 2.7 million...
  • Obamacare Sticker-Shock Hits More Americans

    12/29/2013 9:03:42 AM PST · by John Semmens · 15 replies
    Semi-News/Semi-Satire ^ | 27 Dec 2013 | John Semmens
    The Affordable Care Act (aka Obamacare) may seem to be anything but affordable to many average Americans. Take a middle class, middle aged couple earning a combined income of $65,000 a year. Under Obamacare, this couple would have to pay $19,400 before receiving a single dollar of benefits from their bronze plan. This is a total comprised of a $9,400 annual premium and a $10,000 deductible. Health and Human Services Secretary Kathleen Sebelius disputed the contention that merely because some people are paying more than they previously paid doesnt make the overall program unaffordable. Many of those signing up are...
  • Disinformation behind Obamacare runs deep

    12/13/2013 7:12:54 AM PST · by Kaslin · 21 replies
    Townhall.com ^ | December 13, 2013 | Jonah Goldberg
    "Obamacare was sold on a trinity of lies." That ornate phrase, more suitable for the Book of Revelations or perhaps the next installment of "Game of Thrones," comes from my National Review colleague Rich Lowry. But I like it. Most people know the first deception in the triumvirate of deceit: "If you like your health insurance you can keep it, period." The second leg in the tripod of deception was "If you like your doctor, you can keep your doctor." But the third plank in the triad of disinformation hasn't gotten much attention: Obamacare will save you, me and the...
  • Number, cost of Obamacare plans may surprise

    10/04/2013 1:30:48 PM PDT · by sheikdetailfeather · 20 replies
    Orlando Sentinel ^ | 10-3-2013 | Scott Powers, Staff Writer
    Once people start checking out the health-insurance policies available under the Affordable Care Act, they may be in for two big surprises. The first may come as they realize how many choices they have: People in Orange, Lake and Osceola counties can pick from up to 98 different plans, from four companies each offering multiple levels of coverage. Seminole offers 158. "You hit the button, and 80 or 90 or 100 plans jump out, and you have no idea what to do," said Don Kirkendall of AffordableOne Insurance in Winter Park. The second will come from the retail price ...
  • It's Official: Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four

    09/23/2013 7:28:59 AM PDT · by don-o · 41 replies
    Forbes ^ | September 23, 2013 | Chris Conover
    What this means for a typical family of four $621 billion is a pretty eye-glazing number. Most readers will find it easier to think about how this number translates to a typical American familythe very family candidate Obama promised would see $2,500 in annual savings as far as the eye could see. So I have taken the latest year-by-year projections, divided by the projected population and multiplied the result by 4. Simplistic? Maybe, but so too was the Presidents campaign promise. And this approach allows us to see just how badly that promise fell short of the mark. Between 2014...
  • Warren Buffett: Scrap Obamacare and Start Over

    09/17/2013 7:46:12 AM PDT · by Paul46360 · 14 replies
    The Weekly Standard ^ | 9-17-3 | JEFFREY H. ANDERSON
    "You know things are bad for President Obama when even Warren Buffett has soured on Obamacare and says that "we need something else." Money Morning writes:..""Republicans should take Buffett's words as an invitation to propose a long-overdue Obamacare alternative, one that would lower costs, fix the unfairness in the tax code, deal with the specific problem of preexisting conditions, breathe life into a moribund individual insurance market, and constitute real reform. It's time to delay Obamacare and propose an alternative, then repeal Obamacare (in 2017) and pass the alternative."
  • Cost of Federal Government's Benefits Expansion to Same-Sex Couples Unknown, Sources Say

    09/06/2013 6:13:31 AM PDT · by Center2Right · 4 replies
    The Christian Post ^ | September 5, 2013 | Michael Gryboski
    Cost of Federal Government's Benefits Expansion to Same-Sex Couples Unknown, Sources Say By Michael Gryboski The Christian Post As multiple federal government entities look towards expanding their benefits programs to include same-sex spouses, estimates as to the cost of such expansions have not been calculated. According to multiple sources The Christian Post has queried, no estimates exist for how much expanding federal government and military benefits to same-sex spouses will cost financially. This is the case even though certain benchmarks for implementation of the new policies for benefits have come and gone..... Read more @ http://www.christianpost.com/news/cost-of-federal-governments-benefits-expansion-to-same-sex-couples-unknown-sources-say-103848/
  • Richard Vedder: The Real Reason College Costs So Much

    08/25/2013 7:37:58 AM PDT · by SeekAndFind · 15 replies
    Wall Street Journal ^ | 08/24/2013 | By ALLYSIA FINLEY
    Another school year beckons, which means it's time for President Obama to go on another college retreat. "He loves college tours," says Ohio University's Richard Vedder, who directs the Center for College Affordability and Productivity. "Colleges are an escape from reality. Believe me, I've lived in one for half a century. It's like living in Disneyland. They're these little isolated enclaves of nonreality." Mr. Vedder, age 72, has taught college economics since 1965 and published papers on the likes of Scandinavian migration, racial disparities in unemployment and tax reform. Over the last decade he's made himself America's foremost expert on...
  • Health Premiums Climbed $2,976 Since 2009, Despite Obama Vow to Cut them $2,500

    08/23/2013 5:48:17 AM PDT · by IBD editorial writer · 9 replies
    Investor's Business Daily ^ | 08/23/2013 | John Merline
    The average employer-provided family health insurance premiums have climbed $2,976 since 2009, according to an annual Kaiser Family Foundation survey released this week. They're up $3,671 compared with the year before President Obama took office. That's despite Obama's repeated promises that the health care reform law he championed would cut premiums by $2,500 in his first term. And while annual premium increases have moderated over the past two years, that's due to trends in the insurance market largely unrelated to ObamaCare, and trends the law could actually reverse.
  • Average cost to raise a kid: $241,080

    08/15/2013 7:31:48 AM PDT · by SeekAndFind · 51 replies
    CNN Money ^ | 08/14/2013 | Melanie Hicken
    <p>From day care to the monthly grocery bill, the cost of raising a child is climbing at a rate that many families can't keep up with.</p> <p>It will cost an estimated $241,080 for a middle-income couple to raise a child born last year for 18 years, according to a U.S. Department of Agriculture report released Wednesday. That's up almost 3% from 2011 and doesn't even include the cost of college.</p>
  • Americans are driving less, and here's why

    07/27/2013 3:42:24 PM PDT · by Red in Blue PA · 88 replies
    It may not seem like there are fewer traffic jams, and the gas station probably looks busier than ever every time you stop to fill up. But a new study shows that Americans are in fact driving less. We're seeing a steady shift in how people get around, with more people leaving their keys at home and finding other ways to get around. "This is an important change," said Michael Sivak, who conducted the study at the University of Michigan Transportation Research Institute. "This is the first time we've ever seen a drop like this." According to the study, driving...
  • AMNESTY BILL: 5 potential border surge pitfalls ($$$$$)

    06/24/2013 5:09:24 AM PDT · by GailA · 18 replies
    Politico.com ^ | 6/22/13 | JOSH GERSTEIN |
    GO READ, then hit those phone lines, from what I understand vote is supposed to be tomorrow. It is your homeland and your job you are protecting. Be the patriots that our Founders were! WE have better tools PHONES than they do. Forget snail mail it takes weeks to get through security, Email is not read.
  • In Californias New State-Run Health-Insurance Market, Kaiser Permanente Will Cost You

    06/18/2013 3:43:41 PM PDT · by Nachum · 7 replies
    National Review ^ | 6/13/13 | Veronique de Rugy
    The success or failure of the expansion of health-care coverage to most Americans will hinge on the state exchanges ability to provide affordable individual insurance rates. Unfortunately, some signs already suggest that this may not happen, at least for some people. While some Americans (mostly older and sicker) will benefit from lower rates, others (mostly younger and healthy) will see their rates go up significantly, even after counting federal subsidies. What this could mean is that some of them will choose to pay the individual-mandate penalty rather than get coverage. What happens in California is important, because some 5 million...
  • The real costs of amnesty

    06/11/2013 5:24:53 PM PDT · by Oldeconomybuyer · 20 replies
    Miami Herald ^ | June 11, 2012 | BY ROBERT RECTOR
    The amnesty under consideration in Congress would come at an enormous cost: more than $5 trillion over the lifetime of immigrants who are legalized. But the bill is structured to hide most of those costs from voters. To see how, lets start with some basic facts about taxes and spending in the United States. The average household receives about $32,000 in cash and services from federal, state and local governments combined. These range from direct benefits such as Social Security to public services such as police and firefighting. Households headed by college graduates tend to pay more in taxes than...
  • How Much Does It Cost Us?

    06/07/2013 5:29:34 AM PDT · by MosesKnows · 5 replies
    June 7, 2013 | MosesKnows
    How Much Has It Cost Us? I was pondering a possible block diagram or flow chart of the steps and the technology necessary to mine data on this grand scale. Without getting into details, I assert it is very expensive. How much did the electronic collection hardware cost? How much did the data storage hardware cost? How much did the network hardware cost? How much did the network software cost? How much did it cost to create a searchable database? How much did it cost to enter the collected data? How much did it cost to maintain the database? How...
  • PRESCRIPTION COPAY

    05/17/2013 10:16:24 AM PDT · by SWAMPSNIPER · 16 replies
    ME | MAY 17.2013 | swampsniper
    Just got my monthly prescriptions refilled, 97 bucks more than last month, 200 bucks more than last December, same stuff, same amounts.I'm helping someone get their sex change operation, thanks, OBAMACARE!
  • Major Medicaid study from Oregon: Program does little to improve peoples health

    05/02/2013 8:45:22 AM PDT · by Kaslin · 6 replies
    Hot Air.com ^ | May 2, 2013 | ALLAHPUNDIT
    As is always true when the Wrong Outcome is arrived at, there are two angles to this story. One is the study itself, two is the media hackwork in the aftermath to spin the hell out of it before the Wrong Outcome leads to Wrong Policy. First, the Wrong Outcome via Philip Klein. Oregon expanded its Medicaid program five years ago, then tracked more than 6,000 new participants for a year and a half to see if adding them to the rolls led to major improvements in their health compared to 6,000 people in a control group. Verdict: Nope, not...
  • Here's What A Romantic Date Costs In Big Cities Around The World

    04/05/2013 12:26:53 PM PDT · by SeekAndFind · 44 replies
    Business Insider ^ | 04/05/2013 | Julie Zeveloff
    Romance isn't cheap. But in some places, a night out on the town is a lot more expensive than in others. Deutsche Bank recently came out with its second "The Random Walk" report, which looks at the changing prices of goods and services around the world. We're taking a closer look at how major cities fared on the report's "cheap date" ranking and highlighting a couple of specific items in the index. 1) SYDNEY: A date will set you back $229.77 Delivery of a dozen roses: $139 2 movie tickets: $35.90 Cab ride (3 km): $11.79 A "cheap date" includes...
  • Second study this week shows ObamaCare will drive up premiums (Corroboration)

    03/29/2013 1:23:21 PM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 03/29/2013 | Ed Morrissey
    When I first read it, I thought this New York Times report from late last night was just late to the party. The Society of Actuaries had already released its analysis of the damage that ObamaCare will do to health-insurance costs, and HHS Secretary Kathleen Sebelius had already admitted that prices would go up as government forced people to buy bigger comprehensive policies. CNN even went so far as to ask whether Barack Obama and his administration had “misled” voters over the costs of ObamaCare.This study, though, is actually separate from the SoA’s analysis. The state of California commissioned this...
  • INSURANCE COPAY INCREASE

    02/27/2013 11:04:59 PM PST · by SWAMPSNIPER · 27 replies
    self | February 28, 2013 | swampsniper
    I just refilled prescriptions for the month. It varies, some of them are as needed and I can sometimes skip a month.If nothing changes my monthly copay is now going to average $90.00 more, at least an $1080.00 year increase.I sure hope Fluke enjoys her free birth control!
  • IRS Estimates Cheapest Insurance Available under Obamacare

    02/02/2013 12:10:08 PM PST · by John Semmens · 8 replies
    Semi-News/Semi-Satire ^ | 2 Jan 2013 | John Semmens
    This week the IRS issued its estimate for the projected annual cost of a bronze package of benefits when the system is fully implemented in 2016. The bronze package is the lowest level of benefits that will be allowed by law. It is expected to cost $20,000 per year. With the median family income around $50,000 per year, this health insurance bill may be out of reach for many. Not to worry says IRS Acting Commissioner Steven Miller, families that can't afford to pay the $20,000 premium will have the option of going without insurance and paying an annual fine...
  • Math-Challenged Silly People Voting Libertarian Cost GOP Victory in At Least 9 Congressional Races

    11/16/2012 3:21:20 AM PST · by Reaganite Republican · 303 replies
    Reaganite Republican ^ | 16 November 2012 | Reaganite Republican
    The good news comes via instapundit: PEOPLE WILL LOVE THIS: Libertarians provided the margin for Democrats in at least nine elections. Its particularly sad that libertarians didnt back Mia Love. Really, youre not going to vote for a candidate whose favorite economist is Bastiat? Apparently not. ________________________________________________________________________________ So thanksPaulbot idiots- it all went-downjust like we told youit was going to. Any independent or Libertarian candidate running on the right is as much an enemy to American conservatives as are the progs: in our two-party system these people have zero chance ofachievingreal power or accomplishing anything meaningful, and are about...
  • Effort to undo state employee pay cuts off table

    10/08/2012 5:53:57 PM PDT · by redreno · 6 replies
    Las Vegas Sun ^ | Oct. 8, 2012 | 12:16 a.m. | AP
    CARSON CITY Faced with rising costs, Gov. Brian Sandoval is backing off his promise to undo pay cuts imposed on state employees last year. Gerald Gardner, his chief of staff, said the governor has issued orders to agency heads to continue the reductions in the proposed 2014-15 budget. Gardner told the Nevada Appeal that Sandoval hasn't given up on efforts to undo the work furloughs, pay cuts, and suspension of merit and longevity pay imposed on state workers.
  • Obama Family's In-Your-Face Bingeing Cost Joe Taxpayer 2,000% More Than Entire British Royal Family

    09/29/2012 4:01:00 AM PDT · by Reaganite Republican · 23 replies
    Reaganite Republican ^ | September 29, 2012 | Reaganite Republican
    All that noise about Obama family luxury vacations with a huge entourage, Romanesque White House parties, Manhattan shopping sprees, over-sized 'crew' packed with cronies... it was just the embittered clingers again, mean peoplespreading lies about our nation's perfect First Family (who we're lucky to have) -right? Well, numbers don't lie (except atGallup)-and what they say is that the Obama family blew $1.4B on travel and entertainment for themselves and their (overpaid)personal staffs last year: that's 200 times more than what the entire British Royal Family cost the UK ($57.8M)! Alas, at 27 million bucks a week, them clingers must...
  • The Price of Gun Control

    07/28/2012 4:52:03 AM PDT · by marktwain · 5 replies
    harpers.org ^ | 20 July, 2012 | Dan Baum
    When you write about guns, as I do, and a shooting like the one in the Aurora movie theater happens an hour from your house, people call. Ive already done an interview today with a Spanish newspaper and with Canadian radio. Americans and their guns: what a bunch of lunatics. Among the many ways America differs from other countries when it comes to guns is that when a mass shooting happens in the United States, its a gun story. How an obviously sick man could buy a gun; how terrible it is that guns are abundant; how we must ban...
  • Obamacare Now Estimated to Cost $2.6 Trillion in First Decade

    07/11/2012 9:54:57 AM PDT · by Nachum · 21 replies
    Weekly Standard ^ | 7/11/12 | Weekly Standard
    The Republican side of the Senate Budget Committee will later today release the following chart, detailing the rising projected cost of President Obama's signature legislation, Obamacare: The latest estimate, as the chart details, is that Obamacare will cost $2.6 trillion dollars in its first real decade. The bill does not fully go into effect until 2014, therefore the estimate begins with that year. "President Obama promised a joint session of Congress in 2009 to spend $900 billion over ten years on his health care law: 'Now, add it all up, and the plan that Im proposing will
  • The Downward Spiral of ObamaCare

    07/01/2012 1:58:15 PM PDT · by grumpa · 4 replies
    Off Grid Blogger blog ^ | July 1, 2012 | Off Grid Blogger
    The goal of government healthcare to expand coverage for uninsured people is a noble goal. But like all liberal utopian schemes it ultimately hurts more than it helps. Remember these facts about government involvement in healthcare: 1.It doesnt reduce the cost. (The only way it could do so is to set prices arbitrarily lower than market prices. Such action always has severe negative consequences by reducing incentives for businesses to provide services. Just like in real estate, if you impose rent controls, developers wont build apartments.) RomneyCare in Massachusetts proves that interference into healthcare by government greatly increases cost! 2.It...
  • Has Support for Gays Cost Obama the Black Vote?

    06/03/2012 1:01:15 AM PDT · by bruinbirdman · 30 replies
    Spiegelonline ^ | 5/31/2012 | Marc Hujer
    Obama's declaration of support for same-sex marriage has African-American communities up in arms. Many African-Americans live in a culture that values strong masculine figures and looks down on homosexuality. Many put their faith in what their pastors say and what is written in the Bible, including the statement that marriage can only be between a man and a woman. Pastor Dwight McKissic from Arlington, Texas, declared, "Obama has betrayed the Bible." Pastor William Owens from Memphis, Tennessee, decried what he described as "the homosexual community hijacking the civil rights movement," adding, "I did not choose to be black, and you...
  • Obamacare Has 'Bent the Insurance Cost-Curve North, Not South,' Insurance Executive

    06/01/2012 10:11:08 AM PDT · by SaraJohnson · 11 replies
    cnsnews ^ | 6/1/12 | Susan Jones
    That's because the law requires health plans to cover individuals, such as adult children, that they did not cover in the past; it bars health plans from putting lifetime and annual dollar limits on benefits; and it requires plans to provide preventive care services -- including contraceptives in a few months' time -- at no out-of-pocket cost to the enrollee, Edward Fensholt told the House Subcommittee on Health, Employment, Labor, and Pensions.
  • CBO: Obama stimulus may have cost as much as $4.1 million a job

    05/30/2012 2:50:12 PM PDT · by Nachum · 8 replies
    American Enterprise ^ | 5/30/12 | James Pethokoukis
    The Congressional Budget Office in a new report: When [the American Recovery and Reinvestment Act] was being considered, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation estimated that it would increase budget deficits by $787 billion between fiscal years 2009 and 2019. CBO now estimates that the total impact over the 20092019 period will amount to about $831 billion. By CBOs estimate, close to half of that impact occurred in fiscal year 2010, and more than 90 percent of ARRAs budgetary impact
  • Vulnerable Senate Dems don't rule out voting against Obama (/Commiecare) cost-control board

    03/17/2012 3:12:44 PM PDT · by Libloather · 10 replies
    The Hill ^ | 3/17/12 | Julian Pecquet
    Vulnerable Senate Dems don't rule out voting against Obama cost-control boardBy Julian Pecquet - 03/17/12 03:00 PM ET Several Senate Democrats up for reelection tell The Hill they haven't ruled out bucking President Obama by voting to repeal the health law's cost-control board. The House is expected to repeal the Independent Payment Advisory Board next week, putting pressure on the Senate to follow suit. While the bill has broad bipartisan support in the House, no Senate Democrats have so far signed onto repeal legislation despite coming under increasing pressure to do so. "We're looking at it, let's put it that...
  • CBO: New 10-year projected cost of ObamaCare is $1.76 trillion

    03/13/2012 4:34:24 PM PDT · by SeekAndFind · 14 replies
    Hotair ^ | 03/13/2012 | AllahPundit
    Via Philip Klein. The original 10-year price tag, the one that made it "safe" (but not really safe) for Democrats to drop this fiscal atomic bomb, was $940 billion. What happened, you ask? Well, see for yourself:Remember, they gamed this thing so that it wouldn’t take effect until 2014, which means that the cost of the first four years of implementation was essentially zero. That $940 billion figure really represented just six years of cost, not 10, but it was politically invaluable to Democratic messaging in letting them tout the bill as costing less than a trillion dollars. Now that...
  • New fuel rules will make cars unaffordable

    01/29/2012 10:10:55 AM PST · by SteelToe · 30 replies
    Autos.ca ^ | January 26, 2012
    San Francisco, California Proposed U.S. fuel economy rules will mean that seven million Americans will not be able to afford to buy a new car or truck in 2025, according to the National Automobile Dealers Association (NADA). NADA director Forrest McConnell, a Honda and Acura dealer in Montgomery, Alabama, said that proposed fuel economy rules by the Environmental Protection Agency (EPA) will create a US$3,200 increase in vehicle prices over those in 2010, and will limit the ability of many consumers to buy the vehicles they want or need. Testifying at an EPA hearing regarding the rules, McConnell said...
  • Navy: Carrier cost overruns may hit $1.1 billion

    01/03/2012 3:40:19 PM PST · by em2vn · 19 replies
    Pilot Online ^ | 01-02-2012 | Tony Capaccio
    The Navy has estimated a worst-case cost overrun of as much as $1.1 billion for the aircraft carrier Gerald R. Ford, the service's most expensive warship. The carrier is being built in Newport News by Huntington Ingalls Industries under a cost-plus, incentive-fee contract in which the Navy pays for most of the overruns. Even so, the service's efforts to control expenses may put the company's $579.2 million profit at risk, according to the Navy.
  • Degree of frustration with cost of college (Outcry grows nationwide on soaring tuitions)

    12/27/2011 10:02:12 AM PST · by SeekAndFind · 40 replies
    Washington Times ^ | 12/26/2011 | By Ben Wolfgang
    As tuition costs skyrocket and graduates walk away saddled with ever-rising amounts of debt, American colleges now face a choice: Remain a part of the problem, or begin contributing to a solution. The average cost to attend a public university shot up 8.3 percent this year, while private institutions raised their prices 4.3 percent. Over the past decade, tuition rates have risen 72 percent, and universities are now taking more heat than ever from government officials, education specialists and middle-class families, all of whom think the higher-education sector hasnt done enough to reverse the trend. If the current trajectory continues,...
  • Chevy Volt Costing Taxpayers Up To $250K Per Vehicle

    12/22/2011 12:40:06 AM PST · by Lmo56 · 13 replies
    Michigan Capitol Confidential ^ | 12/21/11 | Tom Gantert
    Analyst: 'This might be the most government-supported car since the Trabant' (Editors note: This article has been updated with a reaction from a General Motor's official.) Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
  • looking for something showing cost per mile to own/operate scooters (50-125cc)

    11/21/2011 2:03:12 PM PST · by WOBBLY BOB · 71 replies
    self ^ | 11-21-11 | wobbly bob
    scooter ratings...looking for something showing cost per mile to own/operate various scooters (50-125cc) IIRC, MCN (Motorcycle Consumer News) had/has something like this for cycles,but none for scooters that I could recall.
  • Surplus of pessimism may cost Spains ruling Socialists at polls

    11/18/2011 11:21:20 AM PST · by iowamark · 10 replies
    The Washington Times ^ | November 18, 2011 | Mike Elkin
    Spanish voters on Sunday are expected to dismiss the Socialist government of Prime Minister Jose Luis Rodriguez Zapatero and usher in the conservative People's Party (PP) and its leader, Mariano Rajoy. Mr. Zapateros Socialist party (PSOE), which has been in power for eight years, has borne the brunt of public blame for Spains increasingly perilous economic situation, which has tainted the partys leadership candidate, Interior Minister Alfredo Perez Rubalcaba. Meanwhile, Mr. Rajoy has been coasting toward an expected landslide victory without saying much about how he plans to reverse Spains economic course... The situation is bleak for the eurozones fourth-largest...
  • City, Feds Dispute Spiraling Cost of San Francisco Subway Project

    11/07/2011 5:59:02 PM PST · by WOBBLY BOB · 7 replies
    fox ^ | 11-7-11 | Claudia Cowan
    Voters approved the project in 2003, to replace a freeway damaged in the 1989 Loma Prieta earthquake. Back then, the cost was $647 million. Today, the price tag is $1.6 billion, with the lion's share of the funding still to come from the federal government. In July, San Francisco's Civil Grand Jury concluded the project was poorly designed, won't meet projected ridership levels, and, as the scathing title of its report says, costs "too much money for too little benefit." At about $1 billion per mile, the Central Subway has become a driving force in Tuesday's mayoral election.