The scandal involving the Internal Revenue Service that exploded into the headlines in mid-May is still being investigated, but the implications already appear wide, perhaps even to the point of delaying implementation of Obamacare.
With allegations swirling that the IRS was used as a political weapon against groups that are conservative, libertarian, or constitutionalist in nature came news it was also used as a shield for progressive, “green,” and other groups.
At about the same time, news also broke of a lawsuit alleging the IRS had improperly obtained millions of personal health records. This raises more concerns about the Patient Protection and Affordable Care Act, popularly known as Obamacare, because the IRS has a big role to play in its implementation and enforcement.
“Even the appearance of playing partisan politics with the tax code is about as constitutionally troubling as it gets. With the recent push to grant federal agencies broad new powers to mandate donor disclosure...
The emergency financial manager for Detroit has issued a report that says the city's finances are in worse shape than nearly anyone suspected before Michigan Gov. Rick Snyder (R) appointed him to the job in March.
Snyder appointed corporate turnaround expert Kevyn Orr to be Detroit's emergency financial manager. He is a lawyer in the Jones Day law firm in Washington, D.C. Among other assignments, he represented Detroit automaker Chrysler during the company's bankruptcy and government rescue in...
A few years ago, I was talking to a new college graduate who was moving to an expensive, distant city where she didn’t have a job.
I asked, “How will you support yourself?”
She shrugged and said her parents had money and would support her whether or not she found work.
I couldn’t help but think, “Her parents aren’t doing her any favors.”
Sure enough, during the past several years she has failed to hold steady long-term employment.
These types of blank-check relationships often are filled with...