Senate Majority Leader Harry Reid (D-NV) blocked a vote on President Barack Obama’s American Jobs Act tonight. Senate Republican Leader Mitch McConnell (R-KY) had pledged to offer an unchanged version of the President’s American Jobs Act as an amendment to the Currency Exchange Rate Oversight Reform Bill (S. 1619). Reid stopped a vote on the …
Solyndra’s bankruptcy has put federal spending for green projects under the microscope—and rightly so. Green jobs programs have been a profoundly wasteful use of taxpayers’ money and are doing more harm to the economy than helping it. They don’t even provide the promised grand environmental benefits. It’s important to keep …
President Obama is touting his new mega tax on millionaires–a.k.a. “the Buffett Rule”–as the best thing since sliced bread (or since his plan to spend $447 billion on more stimulus), but not everyone agrees–namely, entrepreneurs and those who have seen the effects of soaking the rich in order to pay …
In recent interview, doctor and former Democratic National Committee Chairman Howard Dean tried to make the case that Obamacare will boost small-business job growth. “But the fact is [Obamacare] is very good for small business. It’s incredibly good for small business,” said the one-time Democratic presidential candidate. Incredibly, Dean breaks …
Today, President Barack Obama is expected to announce his latest plan for reducing the deficit, and central to it are $1.5 trillion in new taxes, aimed predominantly at wealthy Americans. Unfortunately for the 14 million unemployed Americans, the President is continuing down his steady path of ushering in big spending …
President Barack Obama’s solution for America’s unemployment woes has been a stubborn campaign to spend hundreds of billions of dollars on economic “stimulus”–much of it on so-called “green jobs.” Report after report has shown the approach to be a total failure. And now, a new scandal involving Solyndra, a bankrupt …
