Video: Fiscal Wake Up Tour
Sometime next month the Senate will be forced to raise the federal debt limit beyond a record $12.1 trillion. While the current recession has exacerbated… Read More
Sometime next month the Senate will be forced to raise the federal debt limit beyond a record $12.1 trillion. While the current recession has exacerbated… Read More
CATO’s Dan Mitchell has a new video out produced by The Center for Freedom and Prosperity Foundation on the relationship between governemnt spending and economic… Read More
Even as National Economic Council Director Lawrence Summers says the stimulus is working he also warned that he expects unemployment to remain unacceptably high for… Read More
Sen. Arlen Specter, who opposed the misnamed Employee Free Choice Act (EFCA) when he was a Republican, recently announced that he has flip-flopped on the… Read More
At a speech at a General Motors Assembly plant in Lordstown, Ohio, President Obama restated his regret for government interference in the auto industry claiming… Read More
Remember the auto bailout? It’s not in the front pages anymore, but last week the Congressional Oversight Panel — a body created by statute to… Read More
As if President Barack Obama’s decision to undermine the rule of law and give the United Auto Workers their own taxpayer bought auto company wasn’t… Read More
It’s perhaps the most important job no one has ever heard of. Yesterday, Harvard professor Cass Sunstein was confirmed by the Senate as the administrator… Read More
The President has promised big labor that after health care reform, he will turn to their top priority … the misnamed Employee Free Choice Act… Read More
A widely propagated myth contends that raising top tax rates doesn’t hurt small businesses because only a small percentage of them pay rates at that… Read More
In yet another victory for corporatism over the free market and the American taxpayer, the Senate is expected to pass the Tourism Promotion Act of… Read More
While Americans now celebrate the end of summer over Labor Day weekend, Labor Day originally began in the 1890s as a celebration of “the strength… Read More
Senate Analysis – Returning from their five-week summer vacation, Senators face an ambitious agenda that includes liberal health care reform, a cap-and-tax energy policy, financial… Read More
Congress passed the Cash for Clunkers program in order to increase automobile employment and save jobs. As Michigan Sen. Debbie Stabenow – a key supporter… Read More
In his speech at the Brookings Institution yesterday, Vice-President Joseph Biden claimed credit for saving between five hundred thousand to one million jobs. There is… Read More
Defending President Barack Obama’s $787 billion stimulus package, Vice President Joe Biden said yesterday: “At the end of the day, these investments are about more… Read More
Social Security and Medicare are already tens of trillions of dollars in debt, and if Obama’s national health care program is passed, that will add… Read More
The American people rightly believe that President Barack Obama’s $787 billion stimulus package is a miserable failure. Vice President Joe Biden attempted to convince them… Read More
Politicians are touting cash for clunkers as a successful program that has killed two birds with one stone. By handing out taxpayer money to subsidize… Read More
The University of California at Los Angeles reports: Pro-labor policies pushed by President Herbert Hoover after the stock market crash of 1929 accounted for close… Read More
This Tuesday the White House released their Mid-Session Review admitting they made a $2 trillion miscalculation in the size of the federal deficit that President… Read More
Heritage’s Bill Beach: If the root cause of the problem is high health care costs, the White House’s solution only makes tings worse. President Obama’s… Read More
In his original budget proposal, President Obama envisioned a cap-and-trade program that would raise hundreds of billions of dollars by selling emissions credits to businesses…. Read More
Yesterday, President Obama announced his intention to nominate Ben Bernanke to a second four-year term as Chairman of the Federal Reserve Board. Bernanke’s tenure coincided… Read More
The Obama Administration’s claims that General Motors — the federally-owned auto manufacturer — is independent from political entanglements is once again being tested, this time… Read More
The Obama administration’s bailout of General Motors and Chrysler has already reached a staggering $110 billion. But even that is not enough money to undue… Read More
Don’t look now, but the FCC is back in business. For some nine months the Federal Communications Commission had been operating with no permanent chairman,… Read More
The Obama administration’s Cash for Clunkers program is supposed to run through 8 PM tonight, but as the Wall Street Journal reports, dealers across the… Read More
From Bloomberg: “The U.S. “cash for clunkers” vehicle trade-in program, credited with reviving auto sales and criticized by dealers for slow reimbursements, will close on… Read More
