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  • Yearly Archives: 2008

    What Didn't Make the Cut in Stimulus Deal

    Conservatives on Capitol Hill are expressing mixed reactions to news that a deal has been struck on an economic stimulus package. Some staffers are expressing disappointment that Republicans agreed to government giveaways of $300 for individuals and up to $1,200 for families. Others said they were grateful that House Minority … More

    When Did the French Become Better Adherents To Limited Government Than the GOP?

    Today’s Financial Times reports that French President Nicolas Sarkozy’s administration plans to freeze public spending for five years “to eliminate its deficit and reduce spending as a share of national output.” While Congress figures out the fastest way possible to deficit spend $150 billion on a stimulus package that history … More

    It Could Have Been Worse...

    The Associated Press is reporting that Democratic and Republican lawmakers have reached a tentative deal today on a stimulus package. First the good news: the giveaway does not include money for food stamps, unemployment insurance benefits or infrastructure projects. Also, although it is not mentioned in the AP story, we … More

    Morning Bell: Why the Netroots Will Get Sold Out on FISA

    Progressives are in full hyperventilation mode over the possibility that Congress will meet its deadline next week to permanently reform the Foreign Intelligence Surveillance Act to bring current United States intelligence agency practice under the law. Last August Congress temporarily amended FISA through the Protect America Act. But due to … More

    Good Advice for Congress: 'Stand Up or Leave'

    Lawmakers may not be giving up earmarks en masse, but the negative stigma of pork-barrel spending has rubbed off on some members of Congress. In the Senate, conservative champion Jim DeMint and veteran appropriator Ted Stevens clashed openly during a meeting late last year. DeMint acknowledged that his quest to … More

    Fact Check: Earmarks Didn't Drop Under Democrats

    The Politico reports today that fiscal conservatives face several hurdles in their quest to end earmarks, not the least of which is that “Democrats last year actually approved fewer earmarks than Republicans did when they ran Congress.” A closer look at the numbers reveals that isn’t exactly true. Liberals are … More

    Cheney Calls on Congress to Update FISA

    Vice President Cheney spoke at Heritage this morning about the Foreign Intelligence Surveillance Act, a critical tool in the government’s arsenal to fight terrorists. The law is under consideration once again by Congress, which passed temporary changes last summer. With those modifications set to expire on Feb. 1, Cheney renewed … More

    Tax Rebates Are No Laughing Matter

    Brian Riedl’s paper on economic growth and tax rebates has caused quite a stir. Over at OMB Watch, blogger Craig Jennings calls it “breathtakingly moronic” and resorts to name calling, claiming Riedl would “fail tenth-grade economics” for his analysis. (Jennings mustn’t have known Riedl studied economic policy while earning his … More

    Taxes and Recessions in the Fantasy-Based Community

    As if the rumblings from Capitol Hill suggesting President Bush is “open” to a stimulus package larger than his $150 billion offer weren’t bad enough, now Urban-Brookings Tax Policy Center director Len Burman is calling for a tax increase solution to our economic woes. This while even the two leading … More

    Morning Bell: Preserving Our Terror Fighting Tools

    A federal judge in Miami sentenced Brooklyn-born convert to Islam Jose Padilla to over 17 years in prison pursuant to his jury conviction for conspiracy to provide material support for terrorism. The judge stressed that the sentence would serve as a warning to others that support for terrosism “will not … More