The House Education and Labor Markup: Making a Bad Bill Worse
The House Education and Labor Committee completed its consideration of HR 3200 this week after just 20 hours of work. The 1,018-page bill, which would… Read More
The House Education and Labor Committee completed its consideration of HR 3200 this week after just 20 hours of work. The 1,018-page bill, which would… Read More
If you watch television you’ve seen the ads: “So bring in that old jalopy and get up to $4,500 towards the purchase of a new… Read More
The care with which we are carrying out the provisions of the Recovery Act has led some people to ask whether we are moving too… Read More
This week’s bloggers’ briefing brought the biggest crowd yet; standing room only. What was the draw? Matthias Shapiro, mastermind of the 10,000 pennies videos that… Read More
Big spenders want you to think they’re actually deficit hawks. They’re lauding themselves for passing PAYGO legislation in the U.S. House, with praise from President… Read More
Politico has picked up on a story we’ve been following for some time. Eamon Javers reports: “We’re looking at continuous monstrous issuances of federal debt,… Read More
The White House announced this morning that it would be delaying release of updated financial and economic forecasts until the middle of August. In other… Read More
Last week, Michigan’s Bureau of Labor Market Information announced that their state’s unemployment rate spiked in June, hitting 15.2%, the highest rate since mid-1983. Five… Read More
Remember when China was going to stop buying American bonds and the world was going to end? This hand-wringing was always wrong-headed; perhaps now it… Read More
Yesterday, the independent scorekeeper for Congressional spending proposals, the Congressional Budget Office (CBO), dropped a bombshell on Obamacare. The core of President Obama’s case for… Read More
The Washington Post reports: Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would worsen an… Read More
Commenting on the delayed start to the House’s health bill spending, The Washington Post’s Ezra Klein writes: “The slow start is a way of holding… Read More
President Obama has repeatedly claimed that his health care reforms also represent entitlement reform. Not surprisingly, the Congressional Budget Office shows this claim implausible. They… Read More
President Barack Obama travels to Macomb Community College in Michigan today where he will unveil $12 billion in aid to the nation’s community colleges. According… Read More
Last month, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. The Washington Post’s Robert Samuelson reports: For the past half-century, federal spending… Read More
Celebrating his first 100 days in office, President Barack Obama told the American people: “One hundred days ago, in the midst of the worst economic… Read More
When the non-partisan Congressional Budget Office (CBO) released their original estimate of President Obama’s Budget , they said it was going to be expensive: in… Read More
Yesterday, the White House released new rules for counting the number of jobs created by President Barack Obama’s $787 billion economic stimulus plan. Governors, mayors,… Read More
Pacific Research Institute Senior Fellow Jeffrey Anderson reports: The centerpiece of President Obama’s plan is a “public option,” described by Tom Daschle as “a government-run… Read More
According to Time, the Center for American Progress (CAP) is “the most influential independent organization in Obama’s nascent Washington.” The brainchild of former Clinton White… Read More
Long-term interest rates are rising rapidly, with the 10-year Treasury pushing against 4 percent for the first time since the summer of 2008 – before… Read More
The New York Times reports today: As governments worldwide try to spend their way out of recession, many countries are finding themselves in the same… Read More
Sebastian Mallaby in today’s Washington Post: China has accumulated at least $1.5 trillion in dollar assets, according to my Council on Foreign Relations colleague Brad… Read More
New America Foundation‘s Maya MacGuineas writes at the Washington Post: Recently, a collection of industry groups came to Washington for a meeting and photo-op with… Read More
The progressive movement suffered a major defeat this Tuesday when California voters rejected all five tax raising measures on the ballot, four out of five… Read More
Just because you sometimes travel at 64 mph in a 55 mph speed zone, doesn’t mean you can’t criticize someone driving 174 mph. This video… Read More
The Washington Post’s Robert Samuelson writes: From 2010 to 2019, Obama projects annual deficits totaling $7.1 trillion; that’s atop the $1.8 trillion deficit for 2009…. Read More
Speaking to a town hall in Rio Rancho, New Mexico, yesterday, President Barack Obama said: We can’t keep on just borrowing from China, or borrowing… Read More
Last week the Department of Labor released an employment report showing that U.S. employers shed 611,000 private sector jobs in the first three months of… Read More
The Washington Post first published this graphic back on March 21st. Since that time the Obama administration’s projected deficit numbers have only become more far-fetched…. Read More
