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According to the Detroit News yesterday, the Treasury Department increased its estimate of government losses in the $85 billion auto bailout by another $170 million.
Today, 26 states and the National Federation of Independent Business filed a Petition for Writ of Certiorari before the United States Supreme Court. A “petition for writ of cert” is simply a request by the parties that the Supreme Court hear the case. This is an appeal from the 11th Circuit Court of Appeals opinion, filed…
I have not yet read the opinion, but, the United States Circuit Court of Appeals for the 11th Circuit has just held that Obamacare’s mandate that all buy insurance or pay a penalty is unconstitutional. This was the case brought in the Northern District of Florida by 26 states. I will provide an update as…