The money has gone WHERE?

Stay Informed

Highway Bill No Place to Revive Crony Ex-Im Bank
07/28/2015 at 07:57 pm - Michi Iljazi

jbmc

On July 31st, the authority for federal highway payments to states, aka the Highway Bill, will expire.  If not reauthorized, this lapse of funding would threaten one of the essential programs necessary to keeping commerce running, transportation funding.  Congress brought the country to this brink because a major transportation bill has not been passed since 2005.  Instead, Congress has dodged deadlines with short-term stopgap bills since 2009 to keep transportation money flowing to the states. While some are making the case to allow states to have more control of highway funding, the mechanisms are not yet in place to make this possible. Even though a short-term funding bill is not the best solution, it is considerably better than trying top pass a 1,000-page bill with the clock ticking before the authorization expires. Even though the question of raising the gas tax has been a major roadblock to long-term reauthorization in the past, a new problem, the reauthorization of the Export Import (Ex-Im) Bank, has thrown the process into disarray.


read more »


Twitter Feed

Thu Jul 30 19:00 #TPA: Congress can get rid of harmful #Obamacare #Taxes http://t.co/TcNHbnDT1t http://t.co/DDUtcBUOpa #medicaldevicetax #tanningtax
Thu Jul 30 18:48 And taxpayers rejoice. What does that tell you? http://t.co/qunv1jcCIQ
Thu Jul 30 18:00 Read Intl Coalition ltr to .@WIPO re Protecting #intellectualproperty Rights that #TPA signed http://t.co/j5LzlfkHn3 http://t.co/Bunocql4vm
Thu Jul 30 17:00 The Senate will vote on a #highwaybill today, read what #TPA said about the bill & #EndExIm: http://t.co/W09KGFqXq9 http://t.co/ysMq834L10
Thu Jul 30 16:00 Judge threatens IRS Chief with contempt over Lerner emails: http://t.co/BTftykJdvw (via @thehill) #scandal
Thu Jul 30 15:58 RT @taxreformer: Convenient: #IRS used separate messaging system that automatically deleted office communication. Read more here: http://t.…
Thu Jul 30 15:00 VIDEO: Former FED Chief Greenspan- All this government spending is “extremely dangerous” http://t.co/7fedcwqG8K (via @CNBC)
Thu Jul 30 14:42 RT @markknoller: Latest GDP report puts GDP market value at $17.840-trillion. That makes National Debt 101.7% of GDP.
Thu Jul 30 14:41 RT @taxreformer: Tune in to find out how taxpayers can win the fight against Ex-Im Bank and stop the march towards crony capitalism: http:/…
Thu Jul 30 14:37 RT @GaltsGirl: Mark you calendars! @michi83 with @Protectaxpayers joins me tonight on In Deep on @FTR__Radio at 9pm! http://t.co/WHHi9qEFQr

Media

TPA President David Williams spoke to Capital Insider about wasteful spending at the NIH and Ebola.


 

TPA's Michi Iljazi on 'Comcast Newsmakers' Discussing Tax Reform




» Watch More Videos

Featured Articles

Click below for a new
report on Solar Subsidies

From Washington to Wall Street - How Government Policies Are Skewing Solar Investments




Tell the FCC To Stop Crony Capitalism in Spectrum Sales

Small businesses are undoubtedly the backbone of our economy. We would all agree that more must be done to foster their growth. However, when misguided government efforts to do so lack the appropriate oversight and rules, a few bad acting corporate entities will exploit flawed policies and line their pockets with taxpayer-funded dollars.

Ergenomics 101

Satellite provider Dish Network exemplified this when it took advantage of a program designed to help small business win coveted spectrum in a recent auction held by the Federal Communications Commission (FCC). Dish has an 85-percent financial interest in Northstar Wireless and SNR Wireless, two companies that didn't exist until a few months before the auction. Because they have little to no revenue, they qualified as small businesses under the FCC's Designated Entity (DE) program and got a 25-percent bidding credit. They outbid major competitors on countless occasions, and Dish ultimately won about half of the licenses up for grabs – more than $13 billion worth, with a more than $3 billion discount, courtesy of taxpayers. Only AT&T spent more


Read More...




About Us

Taxpayers Protection Alliance (TPA) is a non-profit, non-partisan organization dedicated to educating the public through the research, analysis and dissemination of information on the government's effects on the economy. Through its network of taxpayers and citizen activists, TPA will hold politicians accountable for the effects of their policies and will offer real solutions to runaway deficits and debt.


Join TPA

Follow Us in Facebook Follow Us in Twitter Youtube Facebook Twitter Youtube