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MARCH 11, 2025
[In defense of Medicaid work requirements]
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IN DEFENSE OF MEDICAID WORK REQUIREMENTS
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Republicans are considering cuts to Medicaid, the joint federal-state
health plan that provides taxpayer-funded health coverage to 80
million adults and children. Many in the GOP would like to require
able-bodied Medicaid beneficiaries to work in exchange for coverage.
That’s a good idea. The federal government and the states spent some
$870 billion on Medicaid […]
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[The research racket: How universities cash in on federal grants]
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THE RESEARCH RACKET: HOW UNIVERSITIES CASH IN ON FEDERAL GRANTS
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Universities are protesting the Trump administration’s plan to limit
the overhead, also known as indirect costs, covered by federal
research grants. They argue this change violates a long-standing
post-World War II agreement, rooted in Vannevar Bush’s 1945
report “Science, The Endless Frontier.” That agreement was
simple: The federal government would fund academic research in the
public […]
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[BP falls back on petroleum, admits ‘misplaced’ faith in
renewables]
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BP FALLS BACK ON PETROLEUM, ADMITS ‘MISPLACED’ FAITH IN
RENEWABLES
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In the summer of 2020, Fortune applauded oil giant BP for thinking
“outside the barrel.” The company, which once had the word
petroleum in its name and, at the time, was producing 1.1 million
barrels of oil per day, had unveiled a plan “to move BP into clean
energy and out of oil” as part of […]
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[Capitalism isn’t a dirty word]
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CAPITALISM ISN’T A DIRTY WORD
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Washington Post owner Jeff Bezos recently announced that the editorial
pages of his newspaper will defend “personal liberties and free
markets.” It is an admirable commitment. Our only complaint is with
his choice of words: Instead of “personal liberties and free
markets,” he should have written “capitalism.” Bezos himself has
certainly benefited from personal and […]
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