Our nation is going broke, and now is not the time to increase burdens on American families. The Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744)—commonly called the “Gang of Eight bill” after the eight Senators who came up with it, Charles Schumer (D-NY), Dick Durbin (D-IL), Robert …
The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as if on cue, came investor Warren Buffett’s rehashed—albeit flat-out wrong—proposal to raise taxes on the wealthy. Even though the Obama Administration has said both sides …
Remember when last September Senator Dick Durbin (D–IL) claimed that his contribution to the Dodd–Frank financial regulation statue—“the Durbin Amendment”—would benefit consumers? Well, more evidence has surfaced that his price-control regulation is costing consumers more and more money. According to a study by Javelin Strategy and Research reported by Bloomberg …
Bowing to competitive pressures, Bank of America yesterday scrapped plans to impose a monthly debit card fee. The proposed charge antagonized customers and provoked vitriol from politicians all too eager to deflect blame for the dumb regulations that prompted the fee in the first place. But as much as one …
U.S. Education Secretary Arne Duncan, while serving as Chicago Public Schools chief, maintained a list of special requests from politically connected individuals for children to attend the city’s best schools. The information, reported today by the Chicago Tribune and Chicago Sun-Times, is the focus of a federal probe and investigation by …
Some members of Congress are trying to bring a little Christmas cheer back to District families fighting for the continuation of the D.C. Opportunity Scholarship Program. Representative Burgess, along with co-sponsors Boehner, Kline, Frelinghuysen and Issa, introduced legislation to amend the Omnibus to remove language phasing-out the Opportunity Scholarship program. …
Just the other day, Senator Richard Durbin (D-IL) objected to Senator Tom Coburn’s (R-OK) move to force the reading of Bernie Sander’s (I–VT) 767-page amendment (thankfully defeated) to create a single-payer, Medicare-for-all health care system. Republicans plan to force a reading of the final (as yet un-released) Reid health care …
In “How the Grinch Stole Christmas,” Dr. Suess teaches children that even the most cold-hearted among us can find good in their hearts, especially during the holidays. Despite a series of recent setbacks, hundreds of low-income kids in Washington, DC are holding out hope that the Grinches on Capitol Hill …