Some in Washington seem to believe that the way our nation currently funds infrastructure projects is the only way. For example, Rep. Jack Kingston (R-GA) told Politico: Let’s look at transportation. How do you handle that without earmarks, since that’s a heavily earmarked bill? How do you handle a Corps …
Following the Democratic Senate’s recent failure to push through a massive, 1,924-page omnibus spending bill stuffed with runaway spending and pork, cooler heads seem to be prevailing. The Senate now appears poised to pass a basic continuing resolution that would freeze fiscal year (FY) 2011 discretionary spending at FY 2010 …
Two hundred and thirty-seven years ago last night, a group of colonists disguised as Indians boarded British merchant ships and dumped an estimated £10,000 worth of tea into Boston Harbor. This Boston Tea Party, which John Adams described as the “grandest event which has ever yet happened since the controversy …
Update – 9:00PM: Earlier this evening, Senator Harry Reid (D-NV) decided against proceeding with the omnibus bill, promising instead to pursue a short-term continuing resolution. As we reported this week, Congress is considering a new $1.1 trillion omnibus spending bill. This 2,000 page monster is the result of a refusal …
As recession-weary Americans continue to tighten their belts, not even trillion-dollar deficits can persuade Senate Democrats to stop their spending spree. In a single 1,924-page bill—which was crafted in secret and will be voted on before anyone has read it fully—Congress is set to spend a staggering $1.1 trillion on …
Majority Leader Harry Reid (D-NV) has just released an omnibus spending bill that will lock-in 2010 spending levels through the next fiscal year (ending September 30). The 1,924 page bill (pdf) contains unknown thousands of earmarks and will prevent the next Congress from making spending cuts until fiscal year 2012. …
President Barack Obama’s 18 member National Commission on Fiscal Responsibility and Reform (commission) just voted 11-7 in support of the commission’s official report. This is three votes short of the 14-vote mark President Obama said would be needed before the report could be sent to Congress. While the commission deserves …
