Sen. Elizabeth Warren has teamed up with Republican Sen. Tom Coburn of Oklahoma to introduce a bill that takes aim at the efficacy and malfeasance of government settlements on corporate wrongdoing and could bring billions of dollars back to taxpayers. If corporations have the same rights as people, then they should have to suffer the same consequences.
A three-year study by a nonpartisan panel reported Wednesday that the U.S. wasted between $31 billion and $60 billion, or about $12 million every day, on wartime contracts for services in Iraq and Afghanistan over the last decade. (more)
State officials say that federal nose-counters overlooked 1.5 million California residents in the 2010 census, a mistake that could ultimately cost the state billions of dollars in federal money over the next 10 years and even a seat in the U.S. House of Representatives.