Irrespective of the outcome of the presidential primaries, it is highly unlikely that we will nominate a reliable and consistent conservative. Unfortunately, with the exceptions of Coolidge, Goldwater, and Reagan, we never do. Not on a presidential level. This year we might nominate someone who is not a conservative at all. Perforce, our most important task going forward (aside for defeating Obama) is to win | Read More »
At the beginning of the 112th Congress, as part of an effort to inject more transparency into the legislative process, the House adopted a rule requiring that each bill be accompanied by a Constitutional Authority Statement. The purpose of the rule was to expose the cavalier attitude of those members who desire to legislate ‘just because they can.’ Well, after a year of legislating under | Read More »
“We need to stop forcing Republicans to face the grim choice between blocking a tax cut and fighting against more entitlement and deficit spending.” There are two inexorable political realities at this point: the payroll tax cut must be extended and those who block it will incur a needless political reprisal. To that end, Republicans must outflank the Democrats on the payroll tax cut, while | Read More »
The Senate-passed payroll tax cut extenders package was already on the ropes with House Republicans over the weekend. The bill (HR 3630) offers a pathetic two-month extension of the payroll tax cut. In addition, it extends long-term unemployment benefits for the ninth time, along with the annual Medicare doc fix. The bill gutted all House-passed reforms to medicare and unemployment insurance, while offsetting the cost | Read More »
“The Senate action was akin to grounding into a triple play for Team GOP, yet the underlying bill passed with unanimous consent.” Over the weekend, Mitch McConnell and Senate Republicans obviated the superior leverage of House Republicans by passing a two-month extension of the payroll tax cut, along with a clean extension (no reforms and offsets) of doc fix and unemployment benefits. In a premature | Read More »
Over Friday and Saturday, 61% of House Republicans and 34% of Senate Republicans voted for the omnibus megabus bill. In doing so, not only did they violate their pledge pertaining to bundled (1200-page) bills and the 72-hour layover rule and agree to fund Obamacare, Dodd-Frank, Planned Parenthood, the EPA, the PLO and the UN; they actually agreed to spend almost $9 billion more than last | Read More »
This is what we get from a new House Republican majority? Call me naive, but from the onset of this legislative session I really expected we would witness some transformational change in the way Washington does business. That was obviously a foolish expectation. GOP leaders agreed last night to pass the omnibus bill with largely the same provisions as the one they introduced yesterday. After | Read More »
“Conservatives should not let GOP leaders and Harry Reid pocket their good will on the omnibus under false pretenses that Boehner will remain strong on the extenders package.” There is an important rule – one that runs counter to DC conventional wisdom – that conservatives should heed when considering support for a piece of legislation. No legislation is better than bad legislation. To put that in | Read More »
“will they finally hold the line on their own promises this time, or will they pass all the extensions without the reforms, riders, and spending offsets? This package must be the final offer.” Earlier today, House Republican leaders unveiled their package deal to extend the payroll tax and unemployment benefits for another year and to continue Medicare ‘doc fix’ for another two years. While bipartisan | Read More »
“Why are we bailing them out from their biggest debt with the voting public? Why are Republicans in a rush to move on from issues that embarrass Democrats?” It is still inexplicable to me why Republicans should violate their pledge against passing an Omnibus, in order to meet an artificial deadline set by those who never passed a budget. Democrats were too incompetent to pass | Read More »
The outcome of the impending payroll tax imbroglio seems to be clear. With Republicans offering spending offsets and Democrats demanding tax increases, my safe premonition is that, for better or worse, the simple tax cut extension will pass, albeit without either “offset” plan. Due to some divisions among conservatives, such an outcome seems to be intractable at this point. At this point, we must focus | Read More »
“in typical Democrat asinine fashion, they are promulgating a defacto permanent tax cut by telegraphing to the public that it is only temporary, thereby minimizing the pro-growth effect of the tax cut.” After decades of monstrous lies about Social Security, Democrats have finally blown the cover off their stratagem. They have always proclaimed that our payroll taxes were held securely in a trust fund in | Read More »
Here we go again. After a full year of grandstanding against another extension of unemployment benefits, some Republicans are ready to cave. “do we believe in free-market doctrine, which suggests that extended UI hurts the economy, or the Keynesian multiplier, which suggests that UI helps the economy?” If you ever wondered why it is so hard to cut spending, and more importantly, to downsize government, | Read More »
Last year, the American people voted overwhelmingly for a Republican House of Representatives. Based upon their campaign pledges, the prevailing expectation of a “Republican House” was a body of revitalized Republicans who would not fund Obamacare and Dodd-Frank, downsize Freddie/Fannie, oppose appropriator-concocted omnibus bills, and fight for at least some of their priorities in the Ryan budget. A year later, the prevailing sentiment amongst the | Read More »
There is an old adage in Washington that describes the political system as consisting of three political parties; Democrats, Republicans, and Appropriators. The Appropriations Subcommittee chairmen, often referred to as the “College of Cardinals,” usually agree to concoct legislation that fuses the worst elements of the evil and stupid parties, resulting in something worse than a pure Democrat proposal. This is exactly what transpired with | Read More »
As the original 2% payroll tax cut for employees is set to expire next month, Democrats are proposing an even bigger cut. Earlier this week, they introduced legislation (S.1917) to cut the payroll tax to 3.1 percent for employees, and for employers on the first $5 million of their payroll. The bill would also eliminate the payroll tax paid by employers for the last quarter | Read More »
It’s that time of year again. The clock is ticking toward December 31, and green energy special interests are discreetly lobbying for the extension of their choice handouts, credits, and grants. We must remain vigilant against these powerful interests. At the end of every calendar year, Congress passes a ‘tax extenders’ bill to temporarily reauthorize specific tax breaks that have not been permanently written into | Read More »
I just recovered from my weekend hangover celebrating our reward for raising the debt ceiling in August. All good things are worth waiting for, and after three and a half months, we got our vote on a balanced budget amendment! And you know what? It was summarily defeated, even before it came to the Senate. Oh, and 25 of the most vulnerable Democrats now have | Read More »
The day has arrived. Our total debt has surpassed $15 trillion. At the close of business on Wednesday, the debt stood at $15.033 trillion, and is on the cusp of overtaking our GDP. Overall, the federal debt has risen $4.41 trillion (41.5%) since Obama took office and $6.36 trillion (73%) since the Democrats took control of Congress in 2007. Our GDP has grown by only | Read More »
As the tumultuous year of 2011 winds down, Congress will be facing a number of crucial budget deadlines. Aside for the supercommittee deadline to find $1.2 trillion in deficit reduction (over ten years), they must contend with the December 31 expiration of three provisions of the 2010 tax extenders deal; payroll tax cuts, unemployment benefits, and ethanol subsidies. Now the Washington Post is reporting that | Read More »
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