By Chris White Presidential candidate Hillary Clinton apologized Monday for saying in March that she would put coal mines “out of business” after being confronted by a former West Virginia coal miner. The former secretary of state called the comments a “misstatement” during her coal country campaign ahead of Kentucky’s May 17 Democratic primary election. Clinton is…
By Juliegrace Brufke Puerto Rico defaulted on most of its $422 million debt payment Monday, but will continue its negotiations in an attempt to try and work out a deal. The Government Development Bank (GDB) reached an agreement with several of its creditors just prior to its announcement it wouldn’t pay the majority of what it owes, according…
By Chris White Sen. Rand Paul says Democratic presidential candidate Hillary Clinton should apologize to Kentucky coal miners for saying she will put them out of work after a report came out showing the state is hemorrhaging coal mining jobs. The former secretary of state is making her way across Ohio, West Virginia and Kentucky to…
By Andrew Follett The various nations of the European Union pay a lot more for electricity than American states do, according to an analysis of data by The Daily Caller News Foundation. The DCNF aggregated average annual power prices from the E.U. and U.S. in 2013, the last full year of data. The average European spent 26.9 cents…
By Kathryn Watson Federal officials spend more tax dollars on Section 8 housing vouchers than they do on cash welfare, and the program often perpetuates poverty rather than alleviating it, according to an urban housing expert. “Its incentives are completely skewed,” Howard Husock, vice president for policy research and director of the Social Entrepreneurship Initiative at…
Kathryn Watson More than 850 families have transitioned out of public housing in Delaware since the state began limiting the length of time residents are eligible to receive housing subsidies, and hundreds more have become homeowners. “Before we started Moving to Work, we had people who were on their third or fourth generation of the…
By Andrew Follett Germany paid wind farms $548 million to switch off last year to prevent damage to the country’s electricity grid, according to a Thursday article in the German newspaper Wirtschaftswoche. Germany’s wind and solar power systems have provided too much power at unpredictable times, which damaged the power grid and made the system vulnerable to blackouts. To fix the problem,…
By Blake Neff More than half of American high school graduates will be unprepared for college when they get their diplomas, according to newly-released federal standardized test data. Reading ability among high school seniors has been stagnant while math scores have declined, according to new data derived from the National Assessment of Educational Progress (NAEP)….
By Connor D. Wolf Raising the minimum wage actually does little to address poverty since most poor people are unemployed, a report published Thursday concluded. Democrats have push for laws to increase the minimum wage as a way to help people rise above the poverty line, while opposition warns such increases come with unintended economic…
Guy Bentley Liberal economist and Hillary Clinton supporter Paul Krugman has taken sides in the battle over soda taxes between Clinton and Sen. Bernie Sanders. After Clinton voiced her support for the mayor of Philadelphia’s plan to slap a three cents tax on per ounce of soda, Sanders hit back, saying such a tax…