The unemployment rate for July dipped slightly to 9.1%.

By Robert Romano – As the poor economic data continues to come in, the bad just gets worse. Poor manufacturing numbers, growth revised downward to nearly zero for the first quarter, and now lower-than-expected consumer spending all weigh on the weakest economic recovery in modern history. Housing […]

By Kevin Mooney — By refusing to set up a health care insurance exchange system that could be used to advance ObamaCare regulations, Gov. Bobby Jindal has cut a path that other state officials should follow, argue analysts with the Cato Institute. However, other leading […]

By Robert Romano – In a recent column for the Wall Street Journal , Holman Jenkins criticized rating agencies for threatening to downgrade the United States’ Triple-A credit rating because, he writes, “the debt to bondholders will be the last to be dishonored.” As such, the U.S. is nowhere near default. That may be so — […]

By Howard Rich – Last week a gleeful American press corps celebrated the most recent “European” bailout of Greece. In fact, one major wire service blissfully concluded that this $230 billion infusion of cash would “end the region’s debt crisis.” Of course such unfounded optimism […]

Boehner’s debt plan is in jeopardy in the House of Representatives. Republican Study Committee (RSC) Chairman Rep. Jim Jordan has come out against the plan . Rep. Jordan stated, “While I thank the Speaker for fighting for Republican principles, I cannot support the plan that was presented to House Republicans this afternoon.” Further, […]

By Robert Romano   – Can’t these guys count? Credit rating agencies Moody’s, S&P, and Fitch have explicitly warned that if Congress does not enact a fiscal consolidation plan totaling at least $4 trillion over the next ten years, the nation’s Triple-A credit rating will be downgraded. […]

By Bill Wilson – With White House talks ended over Obama’s insistence on job-killing tax increases, it is time for House Speaker John Boehner to turn up the pressure for spending cuts on the Senate. On July 22, just minutes after defeating the House-passed “Cut, Cap, and Balance” […]

By Rick Manning – “[T]he fact is you can’t solve our problem unless you do what ‘Cut, Cap, and Balance’ wants to do. So, it doesn’t matter what the polls are. We’ve got to fix our country, and this is the only viable plan right now that will […]

By Kevin Mooney — Republican Lawmakers are standing up to green pressure groups at the state level and The New York Times is getting nervous. The action in Maine, Florida and North Carolina has attracted media scrutiny because it demonstrates that Tea Party activists are exerting […]