Congressional Democrats think they have spotted an opportunity. With lawmakers and the American public focused on the pressing financial crisis, both Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Harry Reid (D-NV) are rushing another massive spending bill through Congress. In ordinary times these bills would be debated at length …
Heritage’s Rea Hederman discusses three problems with the proposed Economic Stimulus Bill currently before Congress. In July, the Bill was projected to cost $25 billion dollars. Since then, the projected cost has doubled due to spending projects that should have been taken care of with the Budget process. The Bill …
This past week, Speaker Nancy Peolsi (D-CA) announced she wants to push another $50 billion in deficit spending through Congress for economic stimulus. This is on top of the $106 billion in stimulus payments the government is still sending out to Americans. This January Pelosi promised that the first $106 …