Pelosi: Unemployment Benefits Biggest Stimulus for Economy
Last week in a legislative briefing Speaker of the House Nancy Pelosi (D–CA) stoked the unemployment insurance (UI) debate by stating that unemployment checks are… Read More
Last week in a legislative briefing Speaker of the House Nancy Pelosi (D–CA) stoked the unemployment insurance (UI) debate by stating that unemployment checks are… Read More
Today, the Congressional Budget Office (CBO) released its Social Security Policy Options report, which highlights some of the proposals made by policymakers and legislators to… Read More
Last night the House passed a “budget enforcement resolution” setting discretionary spending levels for fiscal year 2011 at $1.12 trillion. This is approximately $7 billion… Read More
At this point, Americans on every imaginable side of the deficit debate agree that federal spending is out of control. Something must be done—but the… Read More
The June jobs report is not a happy one as we head into the holiday weekend. Private-sector hiring is still weak, at less than 100,000… Read More
An old saying applicable to dysfunctional organizations is that the right hand doesn’t know what the left hand is doing. The President and Congress have… Read More
Adding automatic enrollment to a 401(k) retirement savings plan builds retirement savings. It especially helps lower and moderate income workers, but employees at all income… Read More
Despite mounting state budget crises and growing public discontent with government unions, the House of Representatives added the Public Safety Employer-Employee Cooperation Act to the… Read More
Solving the problem of cleaning up the waters in the Gulf of Mexico may depend not on government, nor on the corporate giant BP, but… Read More
After the last-second addition of another $20 billion in new taxes shattered their original coalition for passage, the majority in the Senate went back to… Read More
Carnegie Mellon University economics professor and American Enterprise Institute visiting scholar Allan Meltzer has a must read op-ed in today’s Wall Street Journal titled: Why… Read More
The Congressional Budget Office (CBO) released their annual Long-Term Budget Outlook today, and the updated projections—which include the effects of Obamacare—paint a grim picture. If… Read More
Because of the death of Sen. Robert Byrd (D-WV), prospects for passage of the conference report on Financial Regulatory Reform is now in a holding… Read More
In the week leading up to the G-20 Summit in Toronto this weekend, German Finance Minister Wolfgang Schäuble has added his voice to the growing… Read More
The willingness of some in the media to accept even the most vapid of statements from international leaders as evidence of major policy change provides… Read More
They are getting together again. This weekend in Toronto, Canada, President Obama and German Chancellor Merkel reconvene at the G-20 Summit to figure out how… Read More
When Rep. Randy Neugebauer (R-TX) came to the crossroads the entire country faces, he named the street signs. “About a year and a half ago,… Read More
First, McDonald’s was sued because its coffee was just too darned hot; now they’re being sued because their Happy Meal toys are just too darned… Read More
In New York, facing a $9 billion deficit, state legislators put welfare on the chopping block to head off a government shutdown. Lawmakers in New… Read More
Senators Sanders (I-VT), Harkin (D-IA) and Whitehouse (D-RI) are circulating a bill that would drastically increase the death tax at the worst possible time: such… Read More
On Saturday, June 26, America Speaks will host a national town hall meeting in which any and all Americans will be able to voice their… Read More
In the often Orwellian world of government policy pronouncements, the Obama economic team is trying for new ground, with “self-sustaining” recovery, understood at least by… Read More
Over the past weekend Steny Hoyer (D-MD), the House Majority Leader, gave one of the most expansive and surprising speeches of the year. State-of-the-Unionesque in… Read More
This upcoming Saturday, AmericaSpeaks, a non-partisan organization devoted to re-energizing democracy in the U.S., will hold a nationwide discussion on the federal budget and runaway… Read More
A page on the Canadian Government’s G-20 Toronto Summit website promises payments to citizens “to mitigate adverse financial consequences” as a result of the meeting… Read More
Many Americans mistake the United States’ capability to borrow money as an indicator that our nation is incapable of incurring the same fiscal mess Greece… Read More
EconomyNews
As Mike Allen of Politico reports, Vice President Joe Biden has kicked off what the Obama Administration calls its “Recovery Summer.” According to senior adviser… Read More
The long-debated extenders bill failed to pass the Senate yesterday by a wide margin (45-52). That’s good new for taxpayers because the bill contained $48… Read More
It’s been a bad week for the rule of law. First, President Obama — without any apparent legal authority — “informs” BP that it is… Read More
The Washington Post reported today that the International Monetary Fund and various world governments warned U.S. officials years ago that “escalating financial problems” in the… Read More
