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  • Monthly Archives: April 2010

    Why Not Work for the Government? Federal Workers Make Twice As Much

    The Washington Examiner today exposes a dirty little secret about Washington bureaucrats: Federal employees are bringing home twice as much pay as the average private-sector worker. Data compiled by the Commerce Department’s Bureau of Economic Analysis reveals the extent of the pay gap between federal and private workers. As of … More

    Guest Blogger: Rep. Ed Royce (R-CA) on Financial Regulatory Reform

    As the Senate moves closer to another cloture vote on Senator Dodd’s legislation, we are again reminded of the several flaws found in the Dodd-Frank approach to financial regulatory reform. Beginning with the rescue of investment bank Bear Stearns in the spring of 2008, the Federal government has committed trillions … More

    Memo to Deficit Commission: Spending is the Problem

    The President’s deficit commission met yesterday to begin its task to address the mounting fiscal crisis facing the nation.  As we show in our 2010 Budget Chart Book, the estimated federal deficit in 2010 will be $1.54 trillion, and spending on entitlement programs (Medicare, Medicaid, and Social Security) and interest … More

    One Nation: Students Turned Into Criminals

    Twelve-year-old Ansche Hedgepeth grabbed an order of French fries after school on her way to the Tenleytown/American University Metrorail station in Washington, D.C. The Washington Metropolitan Area Transit Authority had decided to kick off a week of “zero tolerance” enforcement of “quality of life offenses.” When a police officer noticed … More

    How Bad is the Lincoln Derivatives Bill?

    It makes a future market melt-down more likely. Today the Senate takes up Senator Blanche Lincoln’s amendment to regulate over-the-counter derivatives. The Lincoln bill is very, very bad, but don’t take out word for it, ask the Federal Reserve. Fed Staffers released a four page, seven point critique saying the … More

    Supreme Court Saves the Mojave Desert Cross – For Now

    The U.S. Supreme Court yesterday handed a defeat to activists and other litigants whose extreme views motivate them to try to eliminate from public life almost every symbol and expression of religion. By a slim 5-4 margin, the Court in Salazar v. Buono reversed the U.S. Court of Appeals for … More

    How Obamacare Impacts Small Business

    Small businesses will bear a significant burden under Obamacare. New regulations, mandates, taxes and numerous costs will impact how companies operate. The National Federation of Independent Business counted all of these new requirements and came up with 25 ways the new health care law changes life for business owners over … More

    The Bill Is Still Flawed

    The latest word today is that the GOP is standing down from its standoff over the Senate’s financial-regulation bill. Specifically, word is that Republican leaders will now let the bill proceed to the floor, having received assurances that provisions for creditor bailouts will be removed. That’s not an insignificant improvement, … More

    Morning Bell: The Ahmadinejad Victory Tour

    Yesterday, State Department spokesman P.J. Crowley confirmed Iranian President Mahmoud Ahmadinejad had submitted an application for a visa to attend the United Nations nuclear Non-Proliferation Treaty conference in New York next month. Since Crowley also confirmed that Ahmadinejad is likely to be awarded the visa, the Iranian President can now … More

    Tweet of the Week: 60% Believe Obamacare will Increase the Deficit

    Rasmussen Reports had an interesting tweet about Obama’s Health Care Reform legislation: @RasmussenPoll: 60% Believe health care law will increase deficit, 58% favor repeal… http://tinyurl.com/RR1383 Not only do 60% of Americans believe that health care reform will increase the deficit, but 58% also believe that the correct thing to do … More