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07.21.2011

Speaker Boehner Should Reject McConnell’s ‘Plan B’

The following letter is being sent to members of the House today by Americans for Limited Government President Bill Wilson : To the Members of the House of Representatives: Representative Joe Walsh is distributing a letter to Speaker Boehner urging him to reject the McConnell Senate debt […]

07.21.2011

Must Reads for July 21

To receive the Must Reads in your inbox,  click here ! Good Thursday morning, Here are the  Must Reads according to  Adam Bitely : Credit downgrade would drag blue states into abyss The gang of six plan is more smoke and mirrors Gang of Six Plan: A $3.1 trillion tax hike The trouble with the debt ceiling debate McConnell’s ‘Plan B’ is opposed by House Democrats Big Government has led to a ‘recovery in name only’ Rep. Paul Ryan: Leading on reporters at press conferences is not leadership Las Vegas union card check case could have national implications Markets in everything: Private job loss insurance The world is not overpopulated

07.21.2011

Quote of the Day

Today’s quote of the day comes from Gordon Tullock: [I]ndividuals who enter a supermarket and purchase items of their choice are assumed, when they enter the voting booth, to vote not for the politicians and laws that will benefit themselves, but for politicians and laws […]

07.21.2011

There Is A Way To Keep The U.S. Credit Rating From Dropping: Cut, Cap, and Balance

By Frank McCaffrey – The idea to cut, cap and balance our spending habits is very popular with many…one of these people is not Harry Reid. It’s up to you, the voters, to let him know how you feel.

07.21.2011

Tea Party Republicans Who Challenge Green Policies Rile the New York Times

By Kevin Mooney — Republican Lawmakers are standing up to green pressure groups at the state level and The New York Times is getting nervous. The action in Maine, Florida and North Carolina has attracted media scrutiny because it demonstrates that Tea Party activists are exerting […]

07.21.2011

Credit Downgrade Would Drag Blue States into Abyss

By Bill Wilson –  According to a recent analysis by Reuters’ Steven Johnson and Daniel Bases , a threatened credit rating downgrade of U.S. treasuries by S&P, Moody’s, and Fitch could drag down state and municipal bonds, leading to higher borrowing costs at a time when governments are already strapped for cash. “All three major ratings agencies have said […]

07.20.2011

Moody’s and Standard & Poor’s on the Debt Ceiling Bills

Moody’s statement : “If the debt limit is raised again and a default avoided, the Aaa rating would likely be confirmed. However, the outlook assigned at that time to the government bond rating would very likely be changed to negative at the conclusion of the review unless […]

07.20.2011

McConnell’s ‘Plan B’ Opposed By House Democrats

It becomes increasingly clear that ‘Cut, Cap, and Balance’ is going to be the only plan that can pass the House, and by default, might be the only “compromise” plan available. From The Hill : House Democratic leaders are attacking Senate Minority Leader Mitch McConnell’s (R-Ky.) debt-ceiling […]

07.20.2011

The ‘Gang of Six’ Plan: 40 Percent of a Solution Is No Solution

Senator Tom Coburn, a member of the ‘Gang of Six,’ has admitted that the bill, if all of its $3.7 trillion in savings over ten years were even realized, would only  represent 40 percent of the solution to restoring order to the nation’s fiscal house.  Coburn said even if enacted, Congress is ‘going to have to change it because this is just 40 percent of the way.’  Only 40 percent of a […]

07.20.2011

Must Reads for July 20

To receive the Must Reads in your inbox,  click here ! Good Wednesday morning, Here are the  Must Reads according to  Adam Bitely : Cut, Cap, and Balance passes the House House GOP should make Obama blink Harry Reid’s debt ceiling problem McConnell’s “Plan B” is a humiliating abdication of legislative responsibility Ron Paul: “We will default because the debt is unsustainable” The good, the bad, and the ugly of the Gang of Six plan… As debt talks continue, Feds are hiring–and never firing Cartoon of the day: “The Obama Poll Slide” No union, including SEIU, should be above the law The top 3 myths about the Great Depression and the New Deal

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