We often hear that health care accounts for a staggering one-sixth of the U.S. economy. According to the most recent data from the Center for Medicaid & Medicare services, we spend $3.2 trillion a year on health care. That is, indeed, about a sixth of our GDP. Here’s what we spend it on, and why […]
A group called the Climate Leadership Council put out a plan for a carbon tax earlier this year, and it’s made up not just of environmentalist types, though there are some of those, but also conservative Republicans and business leaders. Its founding members include multinational corporations, including fossil fuel and auto companies like Exxon Mobil, […]
The board of the Federal Deposit Insurance Corporation, which regulates many of the country’s smaller banks and oversees the “living wills” of larger banks, could soon have a new chairman. President Trump plans to tap long-time Republican congressional staffer James Clinger for the role, which would require congressional approval. What could change at the FDIC under […]
Department of Energy head Rick Perry has a history of developing renewable energy, especially wind power, as governor of Texas. He voiced support for wind and solar power expansion in his confirmation hearings and elsewhere. But the budget on the table for DOE includes drastic cuts to the Office of Energy Efficiency and Renewable Energy, […]
The Senate is working to get its own version of the American Health Care Act ready before it goes on recess July 3. Only a small group of senators is working on it, without the input of many other people. This has been frustrating for some consumer groups, who say they’ve been locked out. So many […]
