By Rick Manning President Obama’s famous pen and phone were hard at work last week, as he launched an attack on some of his closest allies. Using 80-year-old telecommunications law, the Federal Communications Commission, under what appears to be direct orders from the President, announced far-reaching rules […]

By Robert Romano The economy only grew at an inflation-adjusted 2.4 percent in 2014 reports the Bureau of Economic Analysis after it downgraded fourth-quarter growth in its most recent report . Must’ve been that cold weather again. Readers will recall that was the explanation offered earlier last year for a terrible […]

By Robert Romano “Why even have a Congress?” That was Americans for Limited Government President Rick Manning ’s question on the Federal Communications Commission’s (FCC) 3-2 vote in favor of new so-called “net neutrality” regulations. The final rulemaking, the text of which has not been released yet, will include “reclassification of broadband Internet access as a […]

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By Robert Romano One of the great mysteries in Washington, D.C. facing elected officials is why constituents feel like they are running in place, and never seem to get ahead financially. It’s because they aren’t. Since the Great Inflation of the 1970’s, brought on by a surge […]

By Robert Romano The deadline for signing up for Obamacare has passed, and now 3 to 6 million uninsured will have to pay penalties under the law’s individual mandate , Administration officials say. Each will have to pay the greater of either $325 or 2 percent of income. That could mean as much as $2 billion of fines doled out by the […]

By Rick Manning The unemployment numbers got weird in January as they jumped dramatically across the board.  The household data for January 2015 was revised, according to the Bureau of Labor Statistics , to “reflect updated population estimates.” In a nutshell, the underlying assumptions the government uses in the survey of approximately 50,000 households […]

By Robert Romano The budget deficit for Fiscal Year 2014 was only $484 billion . In 2015, it will rise to $583 billion, after which it will return to below the $500 billion mark. That was one of the more ballyhooed aspects of the now-released budget from the White House Office of Management and Budget (OMB) for Fiscal Year 2015 as the Obama administration attempts to put on a facade of fiscal responsibility. There’s only […]

By Robert Romano The $3.99 trillion latest budget is available from the White House , and once again it is time to put on your rose-colored glasses. For the uninitiated, every year the President via the Office of Management and Budget is required to present his budget to Congress for consideration. Inside, one can find the administration’s views […]

By Scott Rasmussen Today, President Obama will unveil his proposed federal budget for 2016. Voters should be warned that virtually all the numbers reported in news coverage of the federal budget will be misleading at best. That’s because the budget reporting will be written primarily […]