Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control.” Lawmakers and liberal inside-the-Beltway organizations are floating the notion that it’s not a high priority any more. We beg to differ, so we came… Read more »
The U.S. economy may be recovering, but Americans aren’t getting any happier: Only one in three Americans say they’re very happy, according to a recent Harris Poll. The online poll of 2,345 U.S. adults, conducted last month, used a series of questions to determine Americans’ levels of contentment and life satisfaction. Overall, just 33 percent… Read more »
“Is this still America?” Congressman Kevin Brady (R-Texas) asked rhetorically last Friday, as he and other members of the House Ways and Means Committee questioned IRS officials about the agency’s “targeting” scandal. With all due respect to the Congressman, here’s a rhetorical answer: this is Obama’s America, and it is unlike anything we’ve known before…. Read more »
Within the White House, within the Democratic chambers in Congress and among the (overwhelmingly liberal) health policy community there was considerable anguish this week. The reason: a new study finds that (as far as physical health is concerned) there is no difference between being in Medicaid and being uninsured. It’s hard to exaggerate what a… Read more »
Congress rammed Obamacare through without many Members even reading the bill. Now it’s applying that same frantic, complex, pie-in-the-sky legislating to immigration. The similarities are frightening. 1. Extreme Costs The Government Accountability Office now projects that under the most realistic scenario, Obamacare will add $6.2 trillion to the primary deficit over the next 75 years…. Read more »
The World Bank is a leading heavyweight in development investment, presiding over US$30 – $40 billion per year. Inaugurated last summer, the Green Climate Fund (GCF) could soon dwarf that portfolio. It is estimated that by 2020 it will be channelling US$100 billion a year in climate finance to developing countries – to help arrest… Read more »
Our nation is going broke, and now is not the time to increase burdens on American families. The Border Security, Economic Opportunity, and Immigration Modernization Act (S. 744)—commonly called the “Gang of Eight bill” after the eight Senators who came up with it, Charles Schumer (D-NY), Dick Durbin (D-IL), Robert Menendez (D-NJ), Michael Bennet (D-CO),… Read more »
Americans are waking up today to the worst “case of the Mondays” they’ll have all year: It’s Tax Day. Most Americans dread Tax Day, and for good reasons. Beyond the huge tab Americans pay to the government, the tax code is so complex that it’s difficult to figure out what we owe to the IRS…. Read more »
Obama is marketing his new budget by saying it has “more than $2 in spending cuts for every $1 of new revenue.” Is this true? In a word, no. In fact, his spending increases and advertised spending cuts cancel each other out—leaving only a massive tax increase. The President cancels sequestration’s spending cuts—therefore raising spending—by… Read more »
As Democrats grow increasingly worried that ObamaCare will explode on the launch pad just as midterm elections get going, the Obama administration seeks to pin blame on Republicans. Good luck with that. Earlier this week, Health and Human Services head Kathleen Sebelius admitted that she didn’t realize how complicated getting ObamaCare off the ground would… Read more »