By Bill Wilson – Starting today, Congress will begin the process of enacting the deal negotiated between the White House and the Republican Senate. It has been much more difficult than many had imagined to come to a clear cut position on this measure. As I and […]

By Bill Wilson – Congress has a huge dilemma. As it considers whether or not to approve legislation that will prevent tax increases for all Americans for two years, cuts Social Security payroll taxes for employees, and extends unemployment benefits, it has to choose between two very […]

By Bill Wilson – The only credible way to seriously address the debt crisis is through spending cuts, not tax increases, says the International Monetary Fund (IMF). In a recent study, the IMF writes , “the tax burden is already high in several advanced economies, which means that a large part of the adjustment […]

By Bill Wilson – On the surface, Barack Obama’s announced two-year freeze of federal civilian pay may sound like a reasonable overture to congressional Republicans and the American people who want unsustainable government spending to be reined in. But, just below the surface is the reality that […]

By Bill Wilson – On November 3rd, the Federal Reserve lowered its outlook for the U.S. economy in 2011, projecting lower growth and higher unemployment than it had in its June estimates, based on the now-released minutes of that meeting . In June, growth had been predicted to be from 3.5 to 4.2 percent, but […]

By Bill Wilson – On November 16th, the House ethics panel declared Representative Charlie Rangel guilty of 11 out of 13 counts of corruption. Rangel used a rent-stabilized apartment for campaign activities, failed to pay taxes on rental property in the Dominican Republic, and improperly used congressional […]

By Bill Wilson – Why put off until tomorrow that which can be fixed today? In its lame-duck session, the Pennsylvania legislature on November 15th considered HB 2497, a bill whose sole purpose is to underfund the state’s pension system by approximately $2.9 billion over the next […]

In Greek mythology, Cassandra was granted the gift of prophecy by Apollo, but because she refused to be his consort, the god punished her by making it so that nobody would believe her predictions. Today, it appears that credit rating agencies have contracted a Cassandra […]

Republicans were cast into the wilderness beginning in 2006 because they abandoned a basic set of principles — not just their own principles, but those of the nation they were entrusted to lead. Rather than standing up for American freedoms and free markets, the GOP […]

As congressional Republicans bask in their historic rout of Democrats, taking the House of Representatives and closing the margin in the Senate, the survivors left in Washington, D.C. have a clear message from the American people: “You could be next.” The fact is, nobody in […]