Mr. Corzine raised $500,000 for the president’s re-election campaign. He was even considered for a presidential appointment before MF Global collapsed. Peter Schweizer, president of theGovernment Accountability Institute, observed in an op-ed column in this newspaper that MF Global was a client of Attorney General Eric Holder’s former law firm, Covington & Burling, where many […]
The Government Accountability Institute (GAI), a watchdog group, released a reportin September 2012 that stated the campaign was vulnerable to illegal donations from foreigners. The report criticized the Obama campaign’s lax security features on its donation web page… Click here for the full Washington Free Beacon article.
Consider a few of this year’s Oscar nominated films. According to a new report by the Government Accountability Institute, Quentin Tarantino’s controversial spaghetti Western, Django Unchained, featuring Jamie Foxx and Leonardo DiCaprio has applied to receive an estimated $8.4 million in film tax credits from the State of Louisiana. Actor-director Ben Affleck and producer George Clooney’s film, Argo, received $6.21 […]
Under President Obama, IRS audits for tax-exempt organizations have jumped 79% over what they were under President George W. Bush. According to Internal Revenue Service data, the IRS audited an average of 6,205 returns of tax-exempt organizations per year from 2001 to 2008. From 2009 to 2011, however, the number of audited returns spiked to […]
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 upper income […]
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 Times article here. […]