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  • Monthly Archives: June 2010

    One Step Closer to Trade Sanctions Against China

    Tick, tick, tick — the sound of a Congressional trade bomb. By its own, not very exacting standards, Congress has patiently waited for change in Chinese currency policy. The single most likely time for that was the G-20 finance minister’s over the weekend in South Korea. But nothing meaningful from … More

    Irony Alert: Debt Commission is Running Out of Money

    In an ode to irony, The Fiscal Times reports that President Obama’s Commission on Fiscal Responsibility and Reform (more popularly known as the “debt commission”) is running out of money: President Obama’s bipartisan fiscal commission is operating on a shoestring budget and some panel members and lawmakers worry that it … More

    House and Senate Cloakroom: June 7-11, 2010

    House Cloakroom: June 7 – 11 Analysis: The House returns from its Congressional recess on Tuesday and will be going over to the White House for the annual Congressional picnic.  The rest of the week is pretty light with mostly suspensions bills on the House floor.  The main bill for … More

    Statue of Joseph Stalin to be Unveiled in Virginia

    This Sunday, people around the world will honor the 66th anniversary of D-Day, when over 160,000 troops from the United States, Britain, France and Canada bravely stormed the beaches of Normandy, marking a turning point in World War II. In Bedford, Virginia, a memorial to the invasion will be unveiled with statues of western … More

    Tweet of the Week: New IRS Facility Will Have The Nicest Amenities Your Money Can Buy

    Andy Roth, Vice President of Club for Growth, highlighted a Boston Herald article about renovations to an IRS facility in a tweet he sent out this week: An IRS facility in Mass. will include a reflecting pool, an art gallery, and indoor gardens. – http://bit.ly/cxTHEPless than a minute ago via … More

    Private Sector Labor Market Far From Recovery

    Heritage analysts Rea Hederman and James Sherk write about the June Bureau of Labor Statistics (BLS) employment reportr: “(BLS) announced that net employment increased by 431,000 in May, and that the unemployment rate fell to 9.7 percent from 9.9 percent. While this appears to be good news, 411,000 of those … More

    Standardizing Mediocrity in America's Public Schools

    The Obama administration’s Race to the Top program presents states with a choice: adopt national standards for academic performance, or refuse desperately-needed federal dollars. The problem? National standards only standardize mediocrity, while taking power over educational choices out of the hands of parents and local school boards and transferring it … More

    Paying for Obamacare: Kicking the Can Down the Road to Future Generations

    Health care reform was supposed to lower health care spending while expanding access for the uninsured.  Instead, though Obamacare will cost taxpayers trillions, it will do little to address the rising cost of care.  The government overhaul will not only have large and immediate negative effects for Americans of every … More

    RSC Gets Budget Right, Defense Wrong

    Heritage budget analyst Steve Keen, rightly points out that the Republican Study Committee (RSC) has unveiled a budget proposal that “is a welcome fiscal blueprint that would restore fiscal discipline to the nation and avert a Grecian formula meltdown.” Unfortunately, the RSC budget also gets a critical component of the … More

    Congress Purposely Dragging its Feet on Death Tax

    Recent developments in Congress now make clear that Congressional leadership is willing to go through all of 2010 without a death tax in order to get what they have wanted all along – a death tax with a rate and exemption amount at their levels prior to the 2001 and … More