It is established practice in Washington that if you have to release bad news, it is best to do it on a Friday … the later in the day the better. So not only did the White House schedule the publication of the “Mid-Session Budget Review” for last Friday, but they then released it three hours late to ensure that as few reporters as possible were left in the nation’s capital to cover it. But Heritage’s dedicated budget team patiently waited the Obama administration out, and their analysis shows that this year’s mid-session review is nothing short of a complete admission of failure of the White House’s economic policies.
Continue reading from The Heritage…
Washington (CNN) — Democrats admit that when it comes to passing comprehensive energy and climate change legislation, they simply do not have the votes.
So in an effort to get something through, the Senate’s top Democrat announced that he will introduce a smaller bill in the coming days focusing on specific energy needs. Continue reading…
THIS IS OUR FUTURE!…
The relentlessly rising cost of health insurance is prompting some small Massachusetts companies to drop coverage for their workers and encourage them to sign up for state-subsidized care instead, a trend that, some analysts say, could eventually weigh heavily on the state’s already-stressed budget, says the Boston Globe. Continue reading from NCPA.
If the American people want the health-care world Dr. Berwick wishes to give them, that’s their choice. But they must be given that choice.
Barack Obama’s incredible “recess appointment” of Dr. Donald Berwick to head the Centers for Medicare and Medicaid Services (CMS) is probably the most significant domestic-policy personnel decision in a generation. It is more important to the direction of the country than Elena Kagan’s nomination to the Supreme Court. Continue reading from the Wall Street Journal…
Without spending a single dime, the Obama administration did more yesterday to create jobs for the U.S. economy than it has throughout its entire existence. With the single stroke of a pen, President Barack Obama signed the Dodd-Frank financial regulation bill that set in motion 243 new formal rule-makings by 11 different federal agencies.
Continue reading from The Heritage…
The Dodd-Frank financial reform bill passed by the Senate yesterday promises to generate historic levels of red tape. But apparently the 2,300 pages are so complicated that a debate has broken out over precisely how many new regulatory rule-makings it will require, says the Wall Street Journal.
According to an analysis by the Davis Polk & Wardwell law firm:
- At least 243 new federal rule-makings are on the way, not to mention 67 one-time studies and another 22 new periodic reports.
- The attorneys were careful to note that this was a low-ball estimate, counting only new regulations mandated by the bill.
Continue reading…
As the number of President Obama’s judicial appointments and nominations continues to grow, it appears pretty clear that he does not care about the individual’s right to self-defense. We can tell this by looking at the record of his two Supreme Court picks but also by examining the long list of lower-level judicial appointments. All of these reflect a pattern of favoring person who have written anti-gun opinions.
Elena Kagan, Obama’s newest Supreme Court nominee, fits this mold. The Supreme Court has only been very narrowly supportive of an individual’s right to bear arms. For example, there was the 5-4 vote in the Heller decision when it struck down Washington, D.C.’s handgun ban in 2008 and a similar 5-4 vote in on Monday in the decision to strike down Chicago’s ban in “McDonald.” Continue reading…
WASHINGTON (AP) — The economic rebound is stalling.
A raft of weak new reports Thursday provided the strongest evidence yet that the recovery is slowing and added to concerns that the nation could be on its way back into recession.
Most notable was a rise in the number of people filing for unemployment benefits for the first time. The four-week average for jobless claims now stands at its highest point since March. Continue reading…
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