By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums

The Scooter Store, which ran late-night commercials implying that many people could get "free" motorized wheelchairs paid for by taxpayers and profiting the company has filed for bankruptcy after a federal investigation found the company overbilled Medicare and Medicaid by between $47 million and $88 million from 2009 to 2011.

New York City Mayor Michael Bloomberg is to the Second Amendment what billionaire investor George Soros is to the free market: A resounding death knell.

The news organization Voxxi prides itself as an independent source of journalism for Hispanics across the United States unafraid to tackle issues ignored by the mainstream media, but there is one big story the online media outlet has all but steered clear of in recent days.

After President Obama lays his hand on a Bible and takes the oath of office for a second White House term next month, he will be surrounded by pomp, circumstance and celebration bought and paid for by the very special interests he once vowed to disenfranchise from Washington politics.

Former Virginia Gov. Tim Kaine won one of the most expensive and consequential U.S. Senate races in the country Tuesday, delivering Republican George Allen a second consecutive razor-thin loss and ensuring that the purple state again will have two Democrat-blue senators come January.

The U.S. Senate contest in Virginia between Democrat Tim Kaine and Republican George Allen is far and away the most expensive Senate race in the country in terms of third-party spending, underscoring the closeness of a race that's essentially been tied from the outset and its importance in determining which party will control the chamber come January.

With a massive haul from July through September, Republican Sen. Scott Brown of Massachusetts and Democratic challenger Elizabeth Warren are nearing the record for the most expensive Senate race in history.

President Obama hasn't visited Montana in years, but he's casting a long shadow over Democratic Sen. Jon Tester's re-election chances.

This year's political campaigns are saturated with money, yet the Federal Election Commission, the watchdog on all the raising and spending, is issuing fewer warnings and completing fewer audits — and even when it does issue fines, political committees routinely don't bother to pay.

Mitt Romney made the more-than-2,200-mile journey last week from Reno, Nev., to Jacksonville, Fla., to appear at the only event he had penciled in for the following day: a fundraiser where guests ponied up as much as $50,000 to see the former governor up close and personal.

President Obama's campaign has left off its public list of "bundlers" at least 25 names its own finance team considers to be among their most valuable funders, including seven who live in foreign countries, a Washington Times review of records found.

The 2012 election cycle is projected to be the most expensive in United States history — much to the chagrin of campaign finance and good government advocacy groups wary of the increasing influence of special interests and cash in the American political system.

Bradley I. Abelow, a key figure in the collapse of brokerage house MF Global Holdings Ltd., has left his post as chairman of an outside board providing financial advice to the Environmental Protection Agency (EPA).

D.C. lawyer Timothy Broas, who has funneled more money to the political campaigns of President Obama than nearly anyone else, last week was recommended by Mr. Obama as the next U.S. ambassador to the Netherlands.

With the president's re-election fundraising drive thus far coming up short of his record-breaking 2008 pace, Team Obama — with the president and first lady Michelle Obama in the lead — is pushing hard to pump up the money figures ahead of Saturday's financial-reporting deadline.