When the Senate returns from its Memorial Day recess on June 2, lawmakers will begin debating the Lieberman-Warner cap-and-trade global warming bill. Many environmental activists are worried the bill will not pass this time, and they are counting on a future legislative victory since all three remaining presidential candidates support …
At the height of the “mortgage crisis” liberal commentators gleefully claimed recent financial turbulence was proof that free markets didn’t work. If only the housing market in this country was actually free. In actuality, two government-sponsored entities, Freddie Mac and Fannie Mae, have used their guaranteed access to federal credit …
What do the Bridge to Nowhere, the highway bill, the “subsidies for millionaires” farm bill and our crippling entitlement crisis have in common? They are all examples of the corrupt governance that is guaranteed to happen when the federal government takes over responsibilities best left to the states. In each …
With more than 100 House Republicans voting for a farm bill that betrays every conservative principle about governing, it is no wonder conservatives are disillusioned about Republican prospects this November. However, while liberals are already scoring victories for protectionism, judicial activism, and union power, there has been one bright spot …
While campaigning against Republican fiscal malfeasance in 2006, then-Minority Leader Nancy Pelosi promised to institute “pay-as-you-go budget discipline” to help lower the federal debt. Speaker Pelosi quickly betrayed that promise to the American people when the House failed to offset the $50.6 billion cost of protecting more than 20 million …
During the debate on the housing bailout bill last week, Democrats consistently justified their “American Housing Rescue and Foreclosure Prevention Act” by citing the Treasury Department’s involvement in JP Morgan’s purchase of Bear Stearns. Bill sponsor Rep. Barney Frank (D-Mass.) was typical: You didn’t get an answer on how the …