Archive for the ‘Tax/Budget/Spending’ Category

Bitter Blue Dogs ready to cut deals

Steven T. Dennis and Kathleen Hunter have this story on blue dog dems frustration with their party’s leadership/leaders and how they may be looking to “cut deals” with the GOP on fiscal issues. Rep. Dennis Cardoza, who represents the Blue Dogs in leadership meetings and also co-chairs the PAC, voted against Pelosi in last week’s [...]

January 10, 2011  Tags: ,   Posted in: Congressional, Tax/Budget/Spending  2 Comments

Fed says “No” to States and Cities Seeking Bailouts

Dan Perrin, blogging at Redstate, gives us this cautiously good news … Fed Chair Ben Bernanke has said: “We have no expectation or intention to get involved in state and local finance,” Mr. Bernanke said in testimony before the Senate Budget Committee. The states, he said later, “should not expect loans from the Fed.” Perrin [...]

January 9, 2011  Tags: , ,   Posted in: Tax/Budget/Spending  No Comments

Meet the SC Fair Tax

Please read this posting by John Steinberger, one of the subject matter experts here in SC on the Fair Tax. John is encouraging us all to educate ourselves on the Fair Tax and be prepared and willing to speak with those who represent us in Columbia about it, as there are prefilled bills and it [...]

January 8, 2011  Tags: ,   Posted in: State, Tax/Budget/Spending  3 Comments

Pence intros bill to revoke federal funding for Planned Parenthood

Steven Ertelt reports at LifeNews that Mike Pence introduced a bill today in the House of Representatives that would revoke federal taxpayer funding for the Planned Parenthood abortion business. Last year alone, according to Planned Parenthood’s own annual report, it received more than $363 million in revenue from government grants and contracts. During that same [...]

January 7, 2011  Tags: , ,   Posted in: Tax/Budget/Spending  No Comments

Bachmann intros legislation to repeal Frank-Dodd finance bill

Henry J. Reske at NewsMax writes that Rep. Michele Bachmann, R-Minn., has introduced legislation to repeal the massive and widely criticized Dodd-Frank financial reform measure that President Barack Obama had signed into law. Bachmann, who made the move shortly after being sworn in for her third term, assailed the law protecting Wall Street at the [...]

January 6, 2011  Tags: ,   Posted in: Tax/Budget/Spending  No Comments

2 bills introduced to defund NPR

Matthew Boyle of The Daily Caller reports that… Congressman Doug Lamborn, Colorado Republican, reintroduced two bills that would slash taxpayer funding from NPR to zero. Lamborn said that while he likes “much of NPR’s programming, the fact is, it is luxury we cannot afford to subsidize.” “Congressional Republicans must show the American people that we [...]

January 6, 2011  Tags: , ,   Posted in: Tax/Budget/Spending  No Comments

Tea Party … YOU DID THIS!

For want of a nail the shoe was lost. For want of a shoe the horse was lost. For want of a horse the rider was lost. For want of a rider the battle was lost. For want of a battle the kingdom was lost. And all for the want of a horseshoe nail. Remember [...]

January 6, 2011  Tags: ,   Posted in: National, Tax/Budget/Spending  No Comments

Orphan Earmarks

This well researched article in USAToday by Cezary Podkul and Gregory Korte explain things about earmarks that I never even imagined. Seems there are millions? billions? of dollars that are tied up in earmarks that were once appropriated but never spent. Using highway projects as an example, the authors explain that once appropriated, those dollars [...]

January 5, 2011  Tags:   Posted in: National, Tax/Budget/Spending  One Comment

Spending Cut Lock Box

Richard E. Cohen had this story at Politico back in December, of a proposed change in House rules that would create a “spending reduction” account to accompany each appropriations bill. It appears this rule changes was pushed by Rep. Paul Ryan, but was strongly opposed by GOP members of the Appropriations Committee. It’s not a [...]

January 4, 2011  Tags: ,   Posted in: National, Tax/Budget/Spending  No Comments

Illinois has days to plug $13 billion budget gap

This story by Tim Jones at Bloomberg details just how dire the situation is in Illinois. The legislative session that began today as the House convened will take aim at a budget deficit of at least $13 billion, including a backlog of more than $6 billion in unpaid bills and almost $4 billion in missed [...]

January 3, 2011  Tags: ,   Posted in: Tax/Budget/Spending  No Comments