And now the government wants to takeover our healthcare system?

NY Times:

Postmaster General John E. Potter says the Postal Service now expects to run a record $7 billion deficit in 2009, up from projections in March of $6 billion.

Representative Jo Ann Emerson, Republican of Missouri, says cutting overhead and spending less on custom vehicles could also help the Postal Service survive the recession.

“I realize that the postmaster general thinks that this will save money, but there are other ways that they can cost-cut,” Ms. Emerson said of the potential consolidations and closures. “My constituents feel very strongly about having their postal service continue as it always has.” Read more…

Wall Street Journal:

White House officials and lawmakers were studying late Thursday how to keep alive the government’s cash-for-clunkers incentive program because of concerns the program’s $1 billion budget may have been exhausted after just one week…

But the program’s unexpected success also will put Congress and the Obama administration in a bind. With deficits soaring, lawmakers are increasingly reluctant to spend additional billions they don’t have. Read more…

Related:

Columbia Business Times: Luetkemeyer votes against extending “Cash for Clunkers”

USA Today: McCaskill won’t vote to give ‘clunkers’ more money

Comments

comments