Albert Einstein famously defined insanity as “doing the same thing over and over again and expecting different results.” So after a $787 billion stimulus that was supposed to create (not merely save) 3.3 million net jobs but instead saw 3.4 million net jobs lost, House Democrats this week have doubled …
Last month, Speaker Nancy Pelosi (D-CA) rammed through her version of Obamacare almost a week before the agency in charge of running Medicare and Medicaid, the Centers for Medicare and Medicaid Services (CMMS), could issue its non-partisan and independent analysis of the legislation. And for supporters of the President’s plan, …
America’s biggest spenders have chosen a wonderful Christmas gift for themselves: More of our money. Last week, deficit spending reached a new extreme. This week, Congress gave our federal government an 8% pay (spending) raise. Next week, they plan to borrow almost $2-trillion more to keep their spending spree alive. …
Next week Speaker Nancy Pelosi (D-CA) is expected to attach a provision to the Department of Defense appropriations bill that would increase our national debt limit by $1.925 trillion. This debt limit raise would authorize the U.S. Treasury to borrow as much as $14 trillion, which is 30% higher than …
Congressional leadership has unveiled an a $446.8 billion “minibus” that will cover six annual appropriations bills, leaving only the defense bill to pass separately. Assuming these bills pass, discretionary spending will have jumped by 8 percent for the third consecutive year since the Democrats took control of Congress in 2007. …
This Monday the Senate voted on two amendments that determined whether savings from Medicare will be used to enhance the solvency of the financially troubled Medicare program or be used to finance new government health programs and additional spending. Once again, the lesson for taxpayers is clear: Pay no attention …
Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs summit admitted that the President’s policies — including the massive $787 billion stimulus enacted last spring — are not working to create jobs, the Department …
