America is drowning in debt, but D.C. is swimming in money! GAI reveals how you’re paying the price for the booming business of government. Sean Hannity gets real insight from political insiders on Boomtown: Washington, the Imperial City! Watch a sneak peek here and don’t miss this Hannity special, Friday at 9p/12a ET.
With America hurtling toward the fiscal cliff’s edge, Democrats and Republicans continue jockeying for position on whether to boost taxes on the rich, slash wasteful spending, or both. Common ground might be found in the $3.7 trillion municipal bond market. President Barack Obama has proposed limiting or ending the tax-exempt interest on municipal bonds for…
When businesses and big government politicians go into “business” with one another, taxpayers lose—big time. It’s called cronyism. A “crony” is an individual or organization that colludes with politicians to gain unfair treatment, taxpyer-funded benefits, or regulations that the rest of us don’t enjoy. Cronyism occurs because politicians rely on wealthy interests to fund their…
Many issues divide Americans, but keeping illegal campaign money out of elections isn’t one. So why not begin to fix the problem with some simple solutions? Require disclosure of bundlers, report donations under $200 and improve security for online credit card donations. Doing those things would be a smart step in the right direction. Read…
Those behind the wheel of the automobile bailout were not folks who build cars but cronies who successfully leveraged their highly placed connections. Indeed, lift the hood, and what you find is that the auto bailout was a classic tale of cronyism, in which the well-connected sped away with big bucks. Read the complete Washington…
President Obama’s campaign and the Chinese government have blocked online donations from China, but the Obama camp appears to have done nothing to block illegal contributions from other countries. “[For Chinese users], the campaign has now blocked access from using the contribute page,” Peter Schweizer, whose Government Accountability Institute issued a report on illegal foreign…
The Government Accountability Institute is pleased to announce the release of its follow-up report on foreign and fraudulent online campaign contributions: BLOCKED: Chinese Government & Obama Campaign Quietly Block Access To Donation Webpage.
The Chinese government has blocked access to a Web site used as a conduit for donations to President Obama’s re-election, The Post has learned. The action comes following a report in Sunday’s Post that the Obama.com site had been registered to Robert Roche, an Obama campaign bundler who lives and works in China. An analysis…
According to IRS statistics, from 2009 to 2011, the coverage rate (number of audits as a percentage of total returns filed) for corporations with assets between $10 million and $50 million has increased 32 percent. The coverage rate for corporations with assets between $50 million and $100 million has increased at the same rate. Some…
CBS News anchor Bob Schieffer, the moderator of tonight’s presidential debate on foreign policy, should ask the candidates whether presidential campaigns should be required to verify the the addresses of contributors who donate online by credit card and then publicly report all contributions from foreign residents regardless of their amount, says Peter Schweizer, president of…