Well, that didn’t take long. Just one week into the conference committee on the highway bill, Republicans are showing signs of caving on their insistence that the Keystone pipeline be approved as part of the deal. Throughout the past few months, we have been chronicling how Republicans have been apathetic to the underlying vices of the highway bill (S. 1813). They basically told the Democrats | Read More »
SoakTheRich.us started as a series of pie charts and turned into something much bigger. Here’s why! Promising the moon and hoping no one will ask, “hey, what’s a moon cost these days, anyway?” turns out to be the one business model Progressives endorse. If you’re an Obama bundler, a union boss, or Ezra Klein, it’s great news — you can get rich selling snake oil, riding | Read More »
Never mind the fact that Obama got yoghurt splashed on him last night – that’s just an ongoing hazard of being a politician running for re-election in this country. The real story here is this: the President went to Colorado to, essentially, lie to a bunch of kids about how they can get themselves out of this mess that they’re in. And it is a | Read More »
Recently, some of my friends have expressed shock and dismay over the Chamber of Commerce’s endorsements of big-government establishment Republicans like Dick Lugar and Jon Bruning. After all, they suggest, isn’t the Chamber a bastion of free-market, pro-growth policies? The answer is really simple. It is no enigma. The Chamber of Commerce is not conservative, pro-free-market, or even necessarily pro-growth. They support the special interests | Read More »
As we’ve noted throughout the past year’s imbroglio over transportation spending, it is clear that complete federal control over transportation spending in a post-interstate highway era (post 1992) is inefficient, costly, anti-federalist, and precludes state and private innovations. Yet, Congress continues to buckle down on a policy that has failed in recent years, exposing taxpayers to future bailouts and tax increases. Worst of all, it | Read More »
Over the past few weeks, Obama has exhibited the intensity of a Navy SEAL in his execution of class warfare. He is trying to convince everyone that those who earn 17% of Adjusted Gross Income, yet pay 36.7% of federal income taxes don’t pay anything, while those who pay little or no taxes shoulder the entire tax burden. Obama will continue to toss out misinformation | Read More »
Last year, we were proud to be one of the first websites to publicly promote the Republican Study Committee’s Cut, Cap and Balance (CCB) plan. What started out as an idea hatched by a few principled conservatives grew into a unifying rallying cry for the entire conservative movement. Sadly, GOP leadership jettisoned the universally-heralded CCB plan in favor of the Budget [Out of] Control Act, | Read More »
The much-anticipated Ryan budget for FY 2013, which also contains a blueprint for the next ten years, has been released. The headline figures of the proposal include the following factoids: it will spend $5.3 trillion less than Obama’s plan and cut $2 trillion more in taxes over the next ten years; it will spend $4.15 less than CBO baseline; spending will be reduced from 24% | Read More »
As the 112th Congress begins to mature, it’s becoming painfully clear that not everyone in the “Tea Party freshmen class” is much of a tea partier. In fact, some of them would fit in more with the coffee party [go here if you've never heard of them]. In 2010, we were largely focused on turning over the House from Democrat to Republican. To the extent | Read More »
Update: The Senate postponed the three energy subsidy amendments until next week. Instead, they voted on amendments to drill in the outer continental shelf, expedite the keystone pipeline, and eliminate duplicative programs. Needless to say, Democrats killed all three of those amendments. We’ll fight on next week. We’ve been gunning hard for the Pompeo/DeMint bill, which would end all subsidies and special tax preferences for | Read More »
Prepare yourselves, I am going to write something semi positive about policies that the Romney campaign happens to espouse today, at this hour*. Today the Romney Campaign is rolling out their new tax plan. Tonight could be a great night for Romney in the debate. While Santorum may get lost in the weeds and off message with the social issues, Romney will be making a | Read More »
After several years of offering oblique generalities about the need to lower the corporate tax, Obama is finally putting his money where his mouth is. Last week, Congressman Dave Camp called out Timothy Geithner for not offering a corporate tax cut in the President’s FY 2013 budget. So with much fanfare, Geithner has unveiled a proposal to cut the top corporate tax rate from 35% | Read More »
Republicans who seek our support during an election cycle declare emphatically that they will deal with the deficit upon being elected. Once elected, however, they far too often evince nothing but apathy towards efforts to solve our budget crisis. Worse yet, they even work assiduously to create new deficits. Ever since Republicans won control of the House in 2010, instead of looking for spending cuts | Read More »
Our voices are finally being heard – sort of. When we started voicing opposition to the highway bill there were few conservatives speaking out against it, and even fewer members of the House who were willing to oppose it. Now, there is so much opposition to the bill that John Boehner was forced to delay the vote on the highway bill, which was previously scheduled | Read More »
We’ve directed a lot of attention to the deficiencies of the House version of the highway bill (here and here). We must also work to defeat the Senate version, which is even worse. The 2-year $109 billion Senate bill (S.1813) offers no reform to mass transit and continues to mandate that states use 10% of their funding for wasteful “enhancement projects.” As bad as the | Read More »
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