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  • The Obama Stimulus Super Train to Nowhere

    Obama Replaces Costly High-Speed Rail Plan With High-Speed Bus Plan Yesterday, Transportation Secretary Ray LaHood rescinded nearly $1.2 billion in stimulus funds from Wisconsin and Ohio after the states’ respective newly-elected governors, Scott Walker and John Kasich respectively, said they would follow through on their campaign promise not to waste … More

    Morning Bell: There is No Tax Deal

    On Wednesday, Vice President Joe Biden reportedly told House Democrats that the tax deal cut with Republicans was a “take it or leave it” proposition that could not be changed. But by last night, after fierce opposition from his leftist base, President Barack Obama was singing a different tune, telling … More

    Morning Bell: Rally for Liu Xiaobo

    The Norwegian Nobel Committee is set to award the Nobel Peace Prize this Friday to author and 1989 Tiananmen protest participant Liu Xiaobo. But Liu will not attend. He is currently serving an 11-year sentence for co-authoring the Charter 08 manifesto calling for protection of human rights, comprehensive political reforms, … More

    Reagan Recovery vs. Obama Recovery in Pictures

    According to The National Bureau of Economic Research, the Great Recession began in December 2007, lasted 18 months, and ended in June 2009. The last recession that lasted this long  began in July 1981, lasted 16 months, and ended in November 1982. No two recessions are the same. And no … More

    Morning Bell: You Have To Pass This Amnesty To Find Out What Is In It

    The nation’s unemployment rate stands at 9.8 percent, a post–World War II record 19th month that unemployment has been over 9 percent. President Barack Obama is 7.3 million jobs short of what he promised his failed stimulus would deliver. The American people are staring down the barrel of the largest … More

    Morning Bell: Freeze Taxes, Freeze Spending, and Go Home

    Last night, President Barack Obama emerged from negotiations with Congressional Republicans and told the American people: “For the past few weeks there’s been a lot of talk around Washington about taxes and there’s been a lot of political positioning between the two parties. But around kitchen tables, Americans are asking … More

    Morning Bell: The Jobs at Stake in the Tax Cut Fight

    Last Friday the Labor Department reported that private sector employers added an anemic 50,000 net jobs to the U.S. economy in November. That is far fewer than what is needed to absorb discouraged workers reentering the workforce or population growth. As a result, unemployment rose to 9.8 percent, marking the … More

    The Obama Debt Commission: Too Much Taxes, Not Enough Cuts

    President Barack Obama’s 18 member National Commission on Fiscal Responsibility and Reform (commission) just voted 11-7 in support of the commission’s official report. This is three votes short of the 14-vote mark President Obama said would be needed before the report could be sent to Congress. While the commission deserves … More

    Morning Bell: The Senate's Secret Santa Agenda

    Today the Labor Department released its monthly jobs report, which showed that the U.S. economy added an anemic 39,000 jobs this month and that the nation’s unemployment rate rose to 9.8 percent. That marks the 19th month in a row that the unemployment has been over 9 percent, a post–World … More

    Republican Earmarkers Already Enabling Higher Government Spending

    After yesterday’s Senate vote against an earmark ban, we again made the case that the damage earmarks do to our nation’s deficits go far beyond the nominal amounts spent on the earmarks themselves. The problem is that the votes earmarks secure from the sponsoring legislators then allow for ever higher … More