05.31.2013

By Robert Romano On May 16, the Arizona Senate — supposedly controlled by Republicans — passed legislation that would expand Medicaid under the new health care law. The bill would cost taxpayers across the country $2.1 billion through 2019 and add more than 100,000 to government health care rolls in Arizona. Although she never campaigned on the idea when […]
05.29.2013

By Robert Romano Is a housing recovery finally at hand, or are we just witnessing a new bubble fueled by unlimited government finance? Or is it none of the above? Average prices for new homes reached a new all-time high of $330,800 in April , a 15.4 percent increase in a single month, and 34.9 percent off its Jan. 2009 low […]
05.24.2013

By Robert Romano Congressional Democrats continued with a common theme focusing on whether 501(c)(4) organizations, which do not have to disclose donors publicly, should be allowed to engage in any political activity at a May 22 House oversight hearing on the Internal Revenue Service (IRS) targeting of […]
05.22.2013

By Robert Romano Lois Lerner, director of exempt organizations at the Internal Revenue Service (IRS) is pleading her Fifth Amendment right not to incriminate herself in the ongoing Congressional investigation over targeting by the agency of the tea party. Lerner was set to give testimony before the […]
05.21.2013

By Robert Romano As Sherlock Holmes and Mr. Spock were always fond of noting, when attempting to unravel a whodunit, a useful postulate is: “When you have eliminated the impossible, whatever remains, however improbable, must be the truth.” Point in case is the targeting by multiple government […]
05.17.2013

By Robert Romano In testimony before the House Ways and Means Committee, outgoing Internal Revenue Service (IRS) Commissioner Steven Miller’s suggested that the targeting of tea party and other groups was in part caused by Congress’ failure to provide “clear rules” on what constitutes political activity. “With […]
05.17.2013

By Robert Romano The Congressional Budget Office (CBO) reported some good news for a change — the federal budget deficit will fall to $642 billion in 2013 . The primary reasons for the drop are because of the expiration of the $120 billion a year payroll tax holiday and the $85 billion budget sequester going into effect. Plus, […]
05.16.2013

By Robert Romano “We were simply doing what our bosses ordered.” So say the Internal Revenue Service (IRS) employees in Cincinnati who were charged with targeting tea party and other conservative groups with improper and invasive scrutiny , according a Fox19 in Cincinnati exclusive report on May 15 . If true, this seemingly contradicts a Treasury Inspector General report on the matter released earlier that day , which stated: “the […]
05.14.2013

By Robert Romano Senate Finance Committee Chairman Max Baucus (D-MT) in a 2010 letter requested that then-Internal Revenue Service (IRS) Commissioner Douglas Shulman deeply investigate 501(c) non-profit political organizations. The letter called on Shulman to “survey major 501(c)(4), (c)(5) and (c)(6) organizations involved in political campaign activity to examine whether […]
05.14.2013

By Robert Romano Perhaps it was Bob Woodward that did it. Got the ball rolling, that is. If you have been paying attention to the news the past few months, you might have noticed a dramatic shift in reporting on the Obama Administration. Perhaps it is merely […]