By Bill Wilson – Today, the House of Representatives is voting on the “Cut, Cap, and Balance Act,” legislation that would cut $111 billion out of the budget immediately, cap spending to a percent of the Gross Domestic Product, and send a Balanced Budget Amendment to the states […]

MEMO FOR THE MOVEMENT Cut, Cap and Balance is the only plan that actually cuts the deficit, caps federal spending and requires passage of a Balanced Budget Amendment to the U.S. Constitution. RE: A proposal by Senators Lee, Toomey and 30 others in the U.S. […]

For someone that keeps complaining that he wants to get a debt deal done quick, Obama sure isn’t acting like it. Obama has announced that he will veto the Cut, Cap, and Balance bill if it makes it to his desk: The Administration strongly opposes […]

To receive the Must Reads in your inbox,  click here ! Good Monday morning, Here are the  Must Reads according to  Adam Bitely : S&P report vindicates House ‘Cut, Cap, and Balance’ plan No taxes in debt ceiling deal Barone: What the debt limit battle is all about Get ready for a 70% marginal tax rate … The failure of quantitative easing Is Obama more like Hoover or FDR? The critical flaw in Keynes’s system Light bulb ban repealed in the House On light bulbs: Unnecessary government intervention The state of K-12 government-school funding Jettison those musty jobless benefit and union rules Chavez heads to Cuba to get chemo…

By David Bozeman – Periodically, when tired of rebutting claims that taxes are too high, liberals just hold their heads back, and, with a self-satisfied smirk, proclaim that taxes are good.  Some will even admit to a fetish of liking to pay taxes and wanting to […]

By Rebecca DiFede – With the economy falling to its knees beneath the titanic national debt, President Obama has recently decided to revisit the issue of the major housing crisis. Previously, he had only referred to the problems in the housing market in passing as “a concern” , […]

NRD Editor’s Note: After submission of this Op-Ed to the Washington Examiner , further details of the Cut, Cap and Balance legislation that will come to the floor were made available. The immediate cuts are approximately $111 billion for fiscal year 2012, and not hundreds of billions […]

Yesterday, Standard & Poor’s issued a dire warning stating a 50 percent likelihood that the nation’s gold-plated Triple-A credit rating will be downgraded in the next 90 days.  Not because of any failure to increase the debt ceiling, but because it appears there will be […]

This morning, the House of Representatives repealed the ban on incandescent light bulbs by a voice vote. The amendment was offered by Rep. Michael Burgess (R-TX) , and finally unravelled the ban that first moved out of Congress in 2007. The amendment to repeal the ban on Thomas Alva Edison’s incandescent light bulb is attached to […]

By Bill Wilson – If the $14.294 trillion debt ceiling is not raised, and the U.S. misses any interest payments, credit rating agency Moody’s has threatened to downgrade the nation’s Triple-A credit rating.  S&P has added its two cents, citing a 50 percent chance of a downgrade in […]