Even before its report was released, Washington hearts were aflutter and tongues were a-wagging about the Obama deficit reduction commission. The bipartisan blue-ribbon bunch solemnly vowed they would propose $3 in spending cuts for every $1 in tax increases, a ratio reminiscent of past tax-hiking budget agreements. Whatever fat is trimmed from the budget, overall [...]
By George F. Will
As the new political group No Labels convened in Manhattan, a judge was issuing a decision that illustrated why the group’s premise is preposterous and its pretense is cloying. The premise, obscured by gaseous rhetoric, is that political heat is inherently disproportionate. The complacent pretense is that it is virtuous to transcend the vice of [...]
Great work by Dr. Coburn’s team: A listing of the thousands of earmarks in the 2,000 page Omnibus spending bill being rushed to the house floor. The Senate needs to listen to the voices of the American people: Cut the wasteful spending. Stop the backroom deals. Read the bills.
Click [...]
The Obama administration’s requirement that most citizens maintain minimum health coverage as part of a broad overhaul of the industry is unconstitutional, a federal judge ruled, striking down the linchpin of the plan.
U.S. District Judge Henry Hudson in Richmond, Virginia, said today that the requirement in President Barack Obama’s health-care legislation goes beyond Congress’s powers to regulate [...]
WASHINGTON – The federal budget deficit rose to $150.4 billion last month, the largest November gap on record. And the government’s deficits are set to climb higher if Congress passes a tax-cut plan that’s estimated to cost $855 billion over two years.
The Treasury Department says November’s budget gap was 25 percent more than the deficit in November [...]
Washington (CNN) - It is strange political bedfellows. Some on the right are joining their usual adversaries on the left in their anger at the proposed tax cut deal.
Of course, the reasons for their dismay are different. While liberals wail at the extension of the Bush-era tax cuts for those making more than $250,000 per [...]
New Jersey Republican Rep. Scott Garrett plans to introduce a resolution in the House of Representatives Tuesday that would require all legislation to cite an enumerated power in the Constitution that grants authority for the bill’s mandate.
Garrett, founder and chairman of the House Constitution Caucus, told The Daily Caller that the resolution is the direct [...]
Ever since the 2008 presidential campaign, President Obama has argued passionately for extending the Bush-era tax cuts for all but the richest 2 percent of Americans. His reasoning: the rich have fared spectacularly well over the past quarter century—incomes of the top 1 percent tripled in real terms—while incomes grew slowly or not at all for [...]
Todd Rokita, Republican of Indiana, is coming to Washington and leaves no doubt that he means business: He got elected to Congress to upend the status quo, to clean up what he sees as a mess of bloated spending and government overreach that is endangering the country’s future.
He says he has a mandate from voters [...]
Reality strikes. President Obama spurned the advice of columnists Paul Krugman and Katrina vanden Heuvel and agreed with Republicans to extend the current income tax rates — the so-called Bush tax cuts — for another two years.
He got a few things in return, primarily extended unemployment benefits for another 13 months, and agreed as well [...]
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