The Washington Examiner‘s Tim Carney points to news from The Hartford Courant that the development project at the center of the Fifth Amendment takings clause case Kelo v. City of New London has just been abandoned by Pfizer. Watch The CATO Institute’s recitation of the case: [youtube]http://www.youtube.com/watch?v=4N1svadJQ40[/youtube]
Families and businesses have budgets, yet Washington doesn’t — and it hasn’t for the last three years. Senate Majority Leader Harry Reid (D-NV) doesn’t think this major omission is that big of a deal, and the White House has no opinion on the matter. Fortunately, there are leaders in the House who see the importance of passing a budget and getting runaway spending and escalating debt under control. For Congress, the budget is an outline of how and where money will be spent across the federal government and how high …
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