Obama Replaces Costly High-Speed Rail Plan With High-Speed Bus Plan Yesterday, Transportation Secretary Ray LaHood rescinded nearly $1.2 billion in stimulus funds from Wisconsin and Ohio after the states’ respective newly-elected governors, Scott Walker and John Kasich respectively,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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
