By Paul Driessen – A frequent refrain during budget and debt ceiling debates is that we need revenue enhancement: higher tax rates, reduced deductions, eliminated credits. But doing this, especially amid today’s massively expanding regulations, will kill more jobs and further reduce government revenues. There […]

Hear from ALG President Bill Wilson on how President Barack Obama is handing the S&P downgrade. Plus, we look at debt issues during the Washing, Jefferson and Jackson era.

By Bill Wilson – Barack Obama is trying to reassure markets that somehow, his super-committee is going to seriously address the nation’s growing debt problem.  And he’s calling for more tax increases on job creators, and yet more deficit-spending that will fail to get the economy going […]

To receive the Must Reads in your inbox,  click here ! Good Monday morning, Here are the  Must Reads according to  Adam Bitely : America gets downgraded S&P credit downgrade vindicates Tea Party warnings Not a good week for civility in Washington Timothy Geithner will stay on as Treasury Secretary Moody’s sounds the alarm on student borrowing Stocks tumble after U.S. credit downgrade… Why is the stock market plunging? ‘New Normal’ is political flim-flam How does Obama choose which laws to ignore? Cell phones now a necessity for America’s poor; taxpayers foot the bill… Obama above 50% in just 11 states…

By Frank McCaffrey – He’s good friends with Venezuelan Nationalist Leader Hugo Chavez and this makes a Venezuelan unhappy. We have decided to shine the Team Obama Spotlight on actor Sean Penn.

By Rick Manning – There is a new phrase that is being bandied about in these hard economic times that should be frightening to anyone who believes that America’s rightful place in the world is on top of the economic pecking order – the “New Normal.” Surprisingly, […]

By Robert Romano – AA is now Barack Obama’s scarlet letter.  He is the first President to preside over a downgrade of our full faith and credit, and it is owed to no less than Obama’s $1 trillion annual expansion of the now $14.5 trillion national debt, […]

Following the week from hell, and indications from Geithner that he would be exiting the Obama administration after the debt-ceiling debate was over, Treasury Secretary Timothy Geithner has told Obama that he will stick around throughout Obama’s re-election campaign. This announcement comes on the heels […]

For the first time in modern history, the U.S. credit rating is less than AAA. S&P’s has downgraded the U.S. credit rating to AA+. S&P’s specifically called out the debt plan that Congress passed and Obama signed earlier this week. According to S&P’s, the plan […]

He’s good friends with Venezuelan Nationalist Leader Hugo Chavez and this makes a Venezuelan unhappy. We have decided to shine the Team Obama Spotlight on actor Sean Penn.