NAME: Aaron Schock OCCUPATION: Member of Congress, 18th District of Illinois HOMETOWN: Peoria, Illinois Congressman Aaron Schock was elected in 2008 and is currently the youngest member of Congress. A title Schock is all too familiar with. In 2001, Schock was elected to the Peoria Public Schools District 150 school …
A Down Payment on Nationalization Trillion Dollars Down: In less than two months, the President has already budgeted nearly $1 TRILLION on his health care proposals—SCHIP, the stimulus, and now the budget. A Bottomless Well: President Obama’s FY 10 budget proposal offers a $634 billion “down payment” on health care …
Senate Rejected an Economic Disaster Bleak Cap and Trade Future: EPA Administrator Lisa Jackson said she planned to move the country toward a “carbon constrained future.” Any scheme, whether cap-and-trade or a carbon tax, that raises the price on carbon dioxide will raise energy costs while generating enormous sums of tax …
Classic Tax and Spend Budget Increase, Raise and Hike: The President’s budget proposal increases taxes by $1.3 trillion; raises entitlement spending by $700 billion (including the health care fund), and hikes discretionary spending by a steep 12%. Creating Deficits, Not Eliminating Them: Given the budget deficit has already quadrupled in …
Blocking Children’s Path to a Better Future Omnibus Spending Bill Eliminates Opportunity: As it stands now, the House omnibus bill will eliminate the DC Opportunity Scholarship Program (DCOSP). Since the program’s inception in 2004, the DCOSP has given thousands of low-income students in the District of Columbia access to a …
“Helping Families Save Their Homes Act”? Or Neighborhood Destabilization Act: Allows bankruptcy judges to reduce the principal owed on a mortgage, a practice often referred to as a “cramdown.” Judges would be able to reduce interest rates or lengthen the term of the mortgage. H.R. 1106: It actually achieves opposite …
The Constitution of the United States of America Congress Doesn’t Have the Authority: Congress lacks the constitutional authority to simply grant the District a voting representative, as the Constitution explicitly limits such representation to states alone. Members of Congress are bound by their oath to reject proposals that violate the …
MEET THE NEW STIMULUS, SAME AS THE OLD STIMULUS This weekend, a small group of Senators emerged from two days of negotiations to announce they had developed a compromise “stimulus” package that would eliminate wasteful spending and deliver on the original promise of the legislation. Unfortunately, not only is this …
Just like the Senate stimulus bill, the more time we examine President Obama’s Cabinet nominees, the more ‘honest mistakes’ are revealed. Congresswoman Solis is having a particularly bad week. Earlier this afternoon, we told you about USA Today’s revelation that Ms. Solis and her husband were experiencing similar tax problems …
