The keys to stimulating our economy are private capital, small business innovation, reducing the burden big government imposes on the economy, and job creation. Several months ago, before the Democrats’ cap and trade bill was railroaded though Congress and before we faced their newly announced health care bill, we, along with 46 of our colleagues, introduced H.R. 1431, the No Cost Stimulus Act of 2009. The No Cost Stimulus Act would significantly increase the production of more American-made energy, which, in turn will create close to two million jobs and …
A recent report by Robert Pollin, James Heintz and Heidi Garrett-Peltier of the Political Economy Research Institute purports to study the “economic transformation” the American Recovery and Reinvestment Act (ARRA) and the American Clean Energy and Security Act (ACES) will harmoniously bring about. The analysis begins with the three “objectives that will define the entire enterprise” and concludes with the need “to promote an aggressive policy agenda now to defeat global warming.” This tips the reader to the fact that this is not an objective analysis. However, the suspension of …
This Pajamas TV video is on the longer side, but it’s a must-see for those following the health care debate. Watch as Steven Crowder goes undercover deep inside the Canadian socialized health care bureaucracy. He comes out relatively unscathed, though completely untreated for what he went in for. [youtube]http://www.youtube.com/watch?v=q2jijuj1ysw[/youtube]
In a recent meeting of the House Committee on Oversight and Government Reform, D.C. Delegate Eleanor Holmes Norton (D) told Lanny Breuer, Assistant Attorney General of the Criminal Division within the Justice Department, that it was “extremely embarrassing that Mexico has been as kind to us.” According to Delegate Norton, the U.S. bears primary responsibility for the armed lawlessness of Mexico’s drug cartels. From the Mexican perspective, Delegate Norton argued the U.S. is “essentially shipping down arms to kill my people”. If she were Mexican, she “would have been …
In his opening statement Monday, Sen. Lindsey Graham (R-SC) told Supreme Court nominee Sonia Sotomayor: “I don’t think anybody here worked harder for Senator McCain than I did, but we lost, and President Obama won. And that ought to matter. It does to me…Unless you have a complete meltdown, you’re going to get confirmed.” One day of opening statements, and two days of questioning later, it does not appear that Sotomayor had the “complete meltdown” necessary to derail her nomination. But that does not mean her confirmation hearings were a …
Again, we present a quick wrap up of the day’s events. Perhaps the most significant nomination-related news didn’t come from the hearings but from the pages of the Washington Times. In an op-ed this morning, Wayne LaPierre of the NRA let loose on Judge Sotomayor’s anti-gun bias. She and colleagues on the Second Circuit ruled against Second Amendment rights in two cases, one of which, Maloney, is now being appealed to the Supreme Court, where Sotomayor may soon sit. Or not—LaPierre says those decisions “raise serious questions about her fitness …
As we celebrated our nation’s birthday, North Korea launched seven missiles, and is now preparing to launch a long-range ballistic missile, just months after testing a nuclear weapon. At the same time, Iran is developing both nuclear capabilities and long range missiles, recently disguised as a “space” launch. Meanwhile in Washington, Democrats in the White House and in Congress are dramatically cutting funds from our national missile defense system. In what world does it make sense to dramatically cut funding for the only system capable of defending our nation against …
Commenting on the delayed start to the House’s health bill spending, The Washington Post’s Ezra Klein writes: “The slow start is a way of holding down costs in the 10-year budget window.” Of course, Ezra does not mean that the House bill actually holds down health care costs in any real way. No, what he means is that by waiting till year 4 of a 10 year year forecast, the Democrats are gaming the Congressional Budget Office’s scoring system to hide the true cost of their bill from the American …
At last night’s All Star game, President Barack Obama told Joe Buck that the federal government couldn’t bailout the National League because “we’re out of money.” This is not the first time Obama has used that phrase. He told CSPAN the same thing on May 23rd. And yet earlier today, President Obama praised the House Democrats’ health care bill which creates $1.3 trillion in new entitlement spending in just the first ten years. Perhaps Obama needs a little refresher on the principles of finance:
