Hitting the Federal ATM, Again Apparently, It Does Grow on Trees: After an $800 billion stimulus bill, the President’s budget increases spending by $1 trillion over 10 years, includes an additional $250 billion placeholder for another bailout, and calls for a pay-as-you-go (PAYGO) law while astonishingly violating that rule by …
Unions Rally against Democratic Elections Card Check: The Employee Free Choice Act (EFCA) would replace secret ballot organizing elections with publicly signed union cards, allowing union organizers to deceive, harass, and threaten workers into signing these cards and thereby unionizing. Stripping Away Privacy and Freedom: A worker may vote “no” …
A Down Payment on Nationalization Trillion Dollars Down: In less than two months, the President has already budgeted nearly $1 TRILLION on his health care proposals—SCHIP, the stimulus, and now the budget. A Bottomless Well: President Obama’s FY 10 budget proposal offers a $634 billion “down payment” on health care …
Senate Rejected an Economic Disaster Bleak Cap and Trade Future: EPA Administrator Lisa Jackson said she planned to move the country toward a “carbon constrained future.” Any scheme, whether cap-and-trade or a carbon tax, that raises the price on carbon dioxide will raise energy costs while generating enormous sums of tax …
Classic Tax and Spend Budget Increase, Raise and Hike: The President’s budget proposal increases taxes by $1.3 trillion; raises entitlement spending by $700 billion (including the health care fund), and hikes discretionary spending by a steep 12%. Creating Deficits, Not Eliminating Them: Given the budget deficit has already quadrupled in …
Blocking Children’s Path to a Better Future Omnibus Spending Bill Eliminates Opportunity: As it stands now, the House omnibus bill will eliminate the DC Opportunity Scholarship Program (DCOSP). Since the program’s inception in 2004, the DCOSP has given thousands of low-income students in the District of Columbia access to a …
“Helping Families Save Their Homes Act”? Or Neighborhood Destabilization Act: Allows bankruptcy judges to reduce the principal owed on a mortgage, a practice often referred to as a “cramdown.” Judges would be able to reduce interest rates or lengthen the term of the mortgage. H.R. 1106: It actually achieves opposite …
The Constitution of the United States of America Congress Doesn’t Have the Authority: Congress lacks the constitutional authority to simply grant the District a voting representative, as the Constitution explicitly limits such representation to states alone. Members of Congress are bound by their oath to reject proposals that violate the …