Last week, the Small Business Administration’s (SBA) Office of the Inspector General (IG) released an audit that identified multiple layers of oversight failures at a small business program that resulted … READ MORE
Archives for April 2019
Lockheed Martin Blocks DoD from Seeing How Much Billions in F-35 Parts Cost
The Government Accountability Office (GAO) released another report on the F-35 Fighter Jet program. It’s a doozy. Totaling an estimated $1.12 trillion, the F-35 program is the costliest weapon system … READ MORE
The Dangerous Misconception of a 16-Year Grace Period
There’s a good chance that you saw the headlines this week warning that the Social Security Trust Fund is set to go bankrupt in 2034. Sure, that’s concerning. But we … READ MORE
5 Better Ways to Tax the Rich
Senator Elizabeth Warren recently proposed a new corporate tax hike, which would supposedly prevent companies from exploiting tax breaks. Her proposal is deeply flawed: it fails to understand the difference … READ MORE
How The Office Helps Us Understand the Case for Free Enterprise
One of my favorite episodes of The Office, the Season 5 finale “Company Picnic,” recently got me thinking about the debates raging between resurgent socialist attitudes and some aspects of … READ MORE
Reports Find Waste and Mismanagement at Intelligence Agency
It’s been awhile since we’ve seen an Inspector General report on the National Security Agency (NSA). But we have received two in the last two months. And they show how … READ MORE
GAO’s Grim Diagnosis of America’s Fiscal Health
Last week, the Government Accountability Office (GAO) issued “The Nation’s Fiscal Health,” an annual report that describes the fiscal condition of the United States. The report finds that America’s fiscal … READ MORE
What is the Tax Gap and What Can Be Done to Reduce It?
As Tax Day is upon us, roughly 150 million Americans will file tax returns. However, some won't, and some will underestimate their tax liability. These tax noncompliance issues lead to … READ MORE