The health care reform wallowing through Congress includes a ploy reminiscent of the “liar loans” prominent during the recent real estate bubble before its collapse. The bill cuts imaginary Medicare spending and uses the funds for real spending elsewhere. Senator Judd Gregg (R-NH) has blown the whistle on this charade. …
Last week’s Wall Street Journal called attention to an issue that most policymakers in Washington don’t want to talk about: President Obama and Congress’ ever-growing welfare state will quickly undermine national security and military strength similar to many European countries. Indeed, declining military strength will limit the choices available to …
Congress doesn’t want you to know it, but they are about to raise the debt limit because they’ve spent the full $12.1 trillion allowed on their taxpayer-funded credit card. They’re hoping you won’t notice because they’re trying to sneak the increase into some other “must-pass” measure, such as the upcoming …
Congress needs someone like Mike Rowe to do the dirty job that politicians won’t touch. Our $1.4-trillion (and rising!) annual deficit and $12-trillion accumulated debt are not caused by the economy. They’re caused by runaway spending. Unable or unwilling to specify and enforce spending cuts on their own, some in …
