Sen. Hillary Clinton yesterday threw her weight behind a plan by Rep. Barney Frank (D-Mass.) and Sen. Chris Dodd (D-Conn.) to authorize the Federal Housing Administration (FHA) spend $20 billion in taxpayer money to guarantee up to $400 billion in questionable mortgages. Considering Sen. Barack Obama is already a co-sponsor …
The campaign to turn the current economic turmoil into justifications for new invasive federal government intervention in the marketplace is in full swing. The Hill reports, “After Bear Stearns bailout, Dems renew push to help homeowners,” and E.J. Dionne comments: “Never do I want to hear again from my conservative …
Despite “the most sweeping ethics reform since Watergate” and promises from the new House leadership to cut the number of earmarks in half, it appears the House is on its way again to absurd levels of pork-barrel spending. Roll Call reports that member earmark requests to the House Appropriations Committee …
News from Iraq today reminds us that al Qaeda is still capable of inflicting misery on the Iraqi people. But, when pressed, even the Democrat presidential candidates admit the security situation in Iraq has markedly improved. As Lt. Gen. Raymond Odierno pointed out earlier this month, while the surge is …
It is not common to advocate for tax increases as the economic outlook darkens, but that is exactly what liberals in Congress did yesterday when the House and Senate passed budget blueprints. Sympathetic minds in the press are determined to portray the budget proposals as only letting “tax cuts expire“, …
Republicans who want to credibly keep calling themselves conservatives should think long and hard before voting against Sen. Jim DeMint’s (R-S.C.) one-year earmark moratorium proposal today. New polling by NBC/WSJ shows Democrats have their largest advantage in party identification in years, 47% to 35%. A big reason why the Republicans …
