03.30.2011

House Republicans Move to Wind Down Fannie, Freddie

By Bill Wilson – On March 29, House Republicans led by Conference Chairman Jeb Hensarling unveiled a piecemeal approach to bringing an end to government control of mortgage markets that includes winding down Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. In 2008, Congress and the Bush Administration placed Fannie and Freddie into conservatorship as the firms descended into insolvency. Since then, the government bailout has cost taxpayers […]

03.30.2011

Entitled to Entitlements

By Rebekah Rast – Entitlement programs, also known as mandatory spending, account for two-thirds of the federal budget. This current fiscal year, mandatory spending exceeds total federal receipts. In hard numbers, mandatory spending is estimated to cost this country $2.194 trillion this year alone, according to the Office of Management and Budget , […]

03.29.2011

Must Reads for March 29

03.29.2011

The Week Ahead: Balanced Budget Amendment and Welfare Reform

By Frank McCaffrey – This week’s episode features ALG President Bill Wilson , who speaks with us about what Senate Republicans are trying to do in regard to  a balanced budget amendment. Plus, we hear from Ohio Congressman Jim Jordan on his legislation for welfare reform. And […]

03.29.2011

TARP Was Not a Success

By Adam Bitely – Contrary to Robert Samuelson’s claim that TARP has been a success story , it has been anything but. Writing in the Washington Post, Samuelson claims that “[w]hen the entire financial system succumbs to panic, only the government is powerful enough to prevent a complete collapse.” Clearly, Samuelson has never taken an […]

03.29.2011

Above the Law

By Bill Wilson – Barack Obama is the unilateral president. He does what he wants, when he wants, and Congress — and the people — be damned. The examples are too numerous to ignore. Recently, Obama ordered an attack on Libya without so much as consulting with […]

03.28.2011

Must Reads for March 28

03.28.2011

Team Obama Spotlight: Joe Biden

By Frank McCaffrey – The Amtrak/Joe Biden relationship.

03.28.2011

Entitlements or Requirements?

By Rebekah Rast – All or nothing. At least that is what a federal judge says about government entitlements. Judge Rosemary Collyer recently ruled that Social Security recipients must take the government’s form of health care—Medicare. Sound familiar? ObamaCare is now a year old and […]

03.28.2011

Balanced Budget Amendment Takes Center Stage

By Rick Manning – Senate Republicans are taking the bold step to make passage of a Balanced Budget Amendment on the upcoming vote to raise the debt ceiling promising to support an increase in exchange for the Senate passage of a Balanced Budget Amendment that would effectively […]

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