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    A Third Stimulus? Repeating Mistakes Only Creates New Mistakes

    Panic seems to be setting in among some Democrats as the economy continues to falter. Important political leaders, such as Majority Leader Stenny Hoyer (D-MD), and economic commentators, such as Laura D’Andrea Tyson, unofficial economic advisor the President, are calling for yet another stimulus bill. Already we have had two … More

    Morning Bell: The Obama PAYGO Farce

    Did you ever know anyone that would repeatedly go out to the bar, drink themselves unconscious, and then wake up the next morning and promise never to drink again? That is President Barack Obama when it comes to spending. This February, after signing the largest single-year increase in domestic federal spending since … More

    President Obama’s Unprecedented Debt

    The national debt is skyrocketing. In 2009 publicly held debt is projected to jump to 54.8 percent of GDP, up from 40.8 percent in 2008. A year-to-year increase of this size hasn’t occurred since World War II. While the main causes of this massive increase – $787 billion economic “stimulus” … More

    Your Increasing National Debt

    Your family’s share of the national debt just got a lot bigger thanks to the recent increases in federal spending. According to an analysis by USA Today, in 2008 an additional $55,000 per household in new federal obligations was added onto the already massive figure, bringing the total to $546,668. … More

    Results of the Owe-bama Debt-O-Rama

    President Obama recently said, One hundred days ago, in the midst of the worst economic crisis in half a century, we passed the most sweeping economic recovery act in history…One hundred days later, we are already seeing results.” President Obama is right: In the last one hundred days, the U.S. … More

    Towering Debt and Deficits Highlight Urgent Need for Entitlement Reform

    Yesterday’s USA Today brought the not so surprising news that federal tax revenue has fallen drastically due to the struggling economy. The 34% decrease represents the largest plunge since the last major recession in 1981. Although revenue is down, the main driver of deficits is spending. Over the long term … More

    Global Warming Regs Will Hand Our Children a Lower Standard of Living

    We’re mortgaging our children’s future. We’ve heard that phrase time and time again. President Obama used it just yesterday acknowledging that the U.S. debt load is “unsustainable”, saying, “We can’t keep on just borrowing from China. We have to pay interest on that debt, and that means we are mortgaging … More

    Understanding the Crisis: Is More Spending the Answer?

    [youtube]http://www.youtube.com/watch?v=yREOUxo6Qdc[/youtube] Stop Spending Our Future.

    Sen. John McCain Speaks at Heritage on Generational Theft

    Initial Talking Points on CBO Scoring of Obama Budget

    • President Obama’s budget presented at the end of February painted a picture of a fiscal trainwreck. The Congressional Budget Office (CBO) today confirmed what many had suspected – the fiscal consequences of the President’s policies would be much worse. • The President is calling for massive tax increases equal … More