08.11.2010

States should say, “thanks, but no thanks” to Nancy Pelosi, Harry Reid, and Barack Obama’s latest $26.1 billion bailout, and instead restore fiscal sanity to their bloated budgets. It’s time to cut spending, not to attempt to sustain the unsustainable. The bailout includes $10 billion […]
08.06.2010

Some 15 million of the approximate 55.95 million mortgages nationwide are said to be “underwater” or in negative equity, i.e. the market value of the home is less than the total value of the mortgage. That’s about 26.8 percent of all mortgages. And according to […]
08.03.2010

Watch out, Elena Kagan. Yesterday, U.S. District Court Judge Henry E. Hudson ruled that the Commonwealth of Virginia indeed has the standing to sue over ObamaCare’s individual mandate to purchase health insurance, which will go into effect in 2014 . In addition, the Court ruled that the issues Virginia raised are certainly ripe for adjudication, despite the claims of the Obama Administration. While this ruling is only preliminary, and does not answer […]
07.29.2010

Last week, the Obama Administration released its Friday afternoon surprise: another $1.47 trillion in debt for the year of 2010. The news comes in the context of imminent tax increases due to occur on January 1st, 2011 as the Bush tax cuts expire. As reported […]
07.28.2010

Harry Reid just does not like dissent. Yesterday, the Senate Majority Leader failed to muster the votes necessary to proceed to the so-called DISCLOSE Act , which would impose burdensome restrictions on corporations and nonprofits that choose to engage in advertising for or against candidates for federal office. In arguing for the bill, Reid blasted Senate Republicans for dissenting against major Democrat policy initiatives , in particular the $2.5 trillion ObamaCare, the government takeover of the nation’s financial […]
07.26.2010

$4.242 trillion. That’s how much debt has been added since Nancy Pelosi and Harry Reid took control of Congress and passed their first budget. That’s a 32 percent increase to the national debt in less than three years, which now stands at to roughly $13.249 […]
07.21.2010

One Republican Senator this year advised Americans for Limited Government staff that if Senate Republicans had just four more solid, conservative votes, that they would be in a position to stop anything in Barack Obama’s agenda. For now, with only 41 Republicans in the Senate, […]