Satcon Technology Corp.: A solar organization that obtained a multi-million-greenback grant from your Division of Energy previously this calendar year announced that it'll file for Chapter eleven individual bankruptcy protection.
Vary Fuels: A cellulosic ethanol company backed by up to $156 million in U.S. loans and grants with the Division of Agriculture was compelled to liquidate right after failing to convert woodchips into ethanol
Cellphone Fraud: The Federal Communications Fee (FCC), is increasing a software to provide lessened-rate cell phone provider to some reduced revenue Us citizens and The prices are ballooning out of control. What began being an effort while in the 1930s to make certain all People in america had entry to telecommunications services has morphed into a new huge entitlement.
Spending 100 million with a harbor and airport with no boats, no airplanes, no roadways and Virtually no people today is often a squander for taxpayers.
If there is no company currently occupying the Attributes, they should either be marketed or leased to recover costs or otherwise trimmed down because $25 billion is quite a bit to waste on empty rooms.
The inspector basic of HHS uncovered that Medicaid was spending The big apple facilities the equivalent of $one.nine million per individual, every year. Reform of reimbursement methodology is necessary to prevent overpayment.
Though golfers could possibly be delighted with the suggestion on improving upon their recreation, this study surely is just not a "gap in one" with the American taxpayers.
A county govt reported, "It‘s the kind of thing the federal authorities can‘t afford to pay for to do." But he even further acknowledged, "It‘s in existence and available so we utilized for it."
The occasion is meant to increase purchaser recognition by promoting American grown fruit in cooking recipes and demonstrations carried out by Celebrity Chefs.
Nevada Geothermal Electrical power Inc: The renewable-energy developer that acquired a U.S. loan promise may perhaps transfer ownership of the Nevada electrical power plant to the lender after projecting the power will generate considerably less electricity than predicted.
The federal government's selecting winners and losers within the Vitality marketplace has Price taxpayers billions of bucks. The rate of failure, cronyism, and corruption at the businesses receiving the subsidies is sizeable. The challenge starts with The problem of presidency picking winners and losers in the first place.
Though advancing cellular phone technologies and enhancement could be handy to buyers, investigation is healthier funded by private sector, which will be the primary beneficiary from future successes.
This meeting is yet another illustration of the GSA's wasteful shelling out patterns and disregard with the taxpayers' revenue.
Suppliers shown as Runners Up were thought of for inclusion from the quadrant, but had been in the end not involved for a number of explanations: they did not have ample evaluations; they did not meet the testimonials rating minimal; they did not meet the final word Worth and Capability bare minimum scores; or they didn't meet up Find Out More with our operation prerequisites for the industry.