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    The Income Tax Turns 100 Years Old

    February 2, 2013 at 11:00 am

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    Man celebrating his 100th birthday

    The federal income tax is now a centenarian. On February 3, 1913, the 16th amendment to the Constitution was ratified. The revenue the income tax raises allowed Congress to greatly expand the size of the federal government. We will likely never return to a federal government the size we had … More

    Amendment Cuts Pork from Hurricane Sandy Relief Bill

    December 20, 2012 at 2:30 pm

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    The East River crests the promenade between the Manhattan and Brooklyn Bridges. (Photo: ZUMA Press)

    An example of fiscal responsibility turned up yesterday in an unexpected place: the U.S. Senate. Senator Dan Coats (R–IN) offered an amendment to President Obama’s $60.4 billion Hurricane Sandy relief bill that would be far less costly and much better focused on the storm’s victims. Maybe common sense in budgeting … More

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    The Morning Bell
    Morning Bell: President Obama Is Tired of Fighting Terrorism

    “We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender…” These were words President Obama never used during his speech at the National Defense University yesterday. Rather, … More

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