EPA Continues War on Coal in Texas
Remember when then Senator Barack Obama said in 2008 that electricity rates would “necessarily skyrocket” as a result of his cap and trade system? He predicted at the time that he would also bankrupt the coal industry. So if someone wants to build a coal power plant, they can, it’s just that it will bankrupt them because they are going to be charged a huge | Read More »
White House Unveils Regulatory Review
President Barack Obama announced earlier this year to undertake a grand review of economic regulation in the United States and get rid of rules that “are not worth the cost, or that are just plain dumb.” Today, the first plans are in and you can review them here. There is a lot of sensible stuff among the different proposals. Red tape has been rising under | Read More »
Are These Really “Reckless” Cuts?
While a temporary spending measure has averted a government shutdown in the United States, the two major political parties are still tens of billions apart in how much they’re willing to cut. Republicans in the House of Representatives voted to cut $61 billion from this fiscal year’s budget but the Democratic majority in the Senate rejected the measure. Senior Democratic Dick Durbin of Illinois told | Read More »