Raising taxes on successful businesses is one thing we cannot afford to do. Large, successful businesses that create jobs would be hit the hardest, but small businesses would also be hurt by such a tax increase. Although economists disagree on many aspects of economic growth and recession, there is near-unanimity …
Congressional Budget Office (CBO) Director Douglas Elmendorf recently testified before the Senate Budget Committee on policies that might give the economy a helpful lift in the near term. Congress is right to be concerned. But for an inventory surge last winter, the economy remains stuck in low gear at about …
At 20 minutes after midnight this morning, Speaker Nancy Pelosi (D-CA) gaveled the House out of session, assuring that Congress will now adjourn until after the November elections without taking any action to stop the Obama tax hikes. Earlier in the day, 39 Democrats defied Speaker Pelosi and voted with …
My fellow conservatives, The stakes couldn’t be higher for our nation at this moment. In the coming months, Americans will help choose which direction our nation’s future will take. Will the federal government continue to spend more, tax more, control more, and defend our liberties less? Or will we choose …
Last month, we highlighted wasteful spending in Bell, Calif., that resulted in paying the City Manager nearly $800,000 a year. There is a silver lining for Bell residents. This gross misuse of public funds prompted an investigation by prosecutors and what they found was amazing. They found that not only …
Obama Tax Hikes Chat with Bill Beach
The recent global financial panic and recession had many authors. Millions of individuals and businesses made bad decisions about investing and debt. Scores of big shots like Dick Fuld, former CEO of now defunct Lehman Brothers, gambled big and lost bigger. And then there were those few who were in …