These days, billions of dollars is spoken of as pocket change. A by-product of massive government debt burdens and decades of cheap cash from central banks is the notion that, while solvency might be important, liquidity should be easy to find. Particularly for financial institutions, the official state position appears...

Some consumers and businesses might see a little extra cash this summer as a result of the 2010 health care law. The Kaiser Family Foundation recently reported an estimated $1.3 billion in rebates will be delivered from health insurers who spent more than the law allotted on administrative expenses and profits.

This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.

On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return." 

A new report by the American Enterprise Institute (AEI) and the Institute for the Study of War (ISW) argues that one of the greatest mistakes the United States can make is to imagine that Iranian activities in a given arena--the nuclear program, for example--are isolated from Iranian undertakings in another. The report examines those other areas

Alberta's funding of carbon-capture technology is taxpayer-funded publicity for private companies.

Cash for clunkers is another lesson in how a bureaucratic economy operates, one which denizens of European welfare states and their 30 percent lower standard of living know all too well.