By Adam Bitely – The House GOP Steering Committee announced that they have chosen liberal Republican Fred Upton to become the Chairman of the House Energy & Commerce Committee in the 112th Congress. The committee, chaired by Speaker-designate John Boehner, chose Upton because they believed that he was more capable of providing oversight to the EPA amongst other qualities they saw. […]

To receive the Must Reads in your inbox, click here ! Good Wednesday Morning, Here are your morning Must Reads according to Adam Bitely : A flat path to tax reform Sowell: ‘Tax cut’ rhetoric doesn’t cut it Obama’s compromise: Neither Reaganesque nor Clintonian Jim DeMint: I’ll vote to filibuster the tax cuts deal… Cartoon of the day, “Feel Good Compromise” House Dems furious with Obama over tax compromise House GOP steering committee hits ditch, chooses Upton Fred Upton flip flops on light bulb ban Obama’s next two years Obama: The unemployment rate will be going down The List: ObamaCare waiver recipients Obamanomics takes a holiday A tyrant’s thinking Cancun climate platitudes and predictions Open letter to Senator Mary Landrieu

By Rebekah Rast – 71,684. That’s the number of pages included in the federal tax law for the year 2010, according to the CCH Standard Federal Tax Reporter. The number keeps growing with add-ins catering to special interests. And more changes are sure to come. […]

By William Warren – Today’s toon mocks Obama about how his constant glowing talk about “compromise”, yet when he finally does compromise, it comes out pretty ugly.

Fred Upton, who will be the next Chairman of the House Energy & Commerce Committee , has flip-flopped on the light bulb ban, an issue he championed until this very day. While it is uplifting that he switched his stance, it is difficult to trust the sincerity of this move. Consider the following. Upton has proven over the years that he is a liberal, Big Goverment Republican that has supported the efforts of the EPA on a various assortment of issues . His sudden change of […]

Here is the most current list of ObamaCare waiver recipients (Note, the number of waiver recipients has doubled over the past 3 weeks …): Applicant Application Received Plan Effective Date Number of Enrollees Application Completed by Applicant Waiver Approved 1 Advantage Benefits Company, LLC 11/12/2010 12/1/2010 57 11/12/2010 11/23/2010 2 Altisource Portfolio Solutions 10/21/2010 1/1/2011 […]

In a rare press conference from the most transparent administration in history, Obama promised today that the unemployment rate will be going down. This announcement comes on the heels of the unemployment rate increasing to 9.8% last week . According to Obama, when asked by a Bloomberg reporter , “My expectation is that the unemployment rate is going […]

By Adam Bitely – Last week, Hal Scott, a professor of international finance at the Harvard School of Law, brought to light that the Obama administration is making troubling moves in regard to their acceptance of sovereign default. With bailouts of the EU from the U.S. swirling about , creditors should be concerned that they will never see […]

By Bill Wilson – The only credible way to seriously address the debt crisis is through spending cuts, not tax increases, says the International Monetary Fund (IMF). In a recent study, the IMF writes , “the tax burden is already high in several advanced economies, which means that a large part of the adjustment […]

To receive the Must Reads in your inbox, click here ! Good Tuesday Morning, Here are your morning Must Reads according to Adam Bitely : Spending cuts, not tax increases Obamanomics: Only fat cats prosper Will the next President & Congress rescue us from ObamaCare? Cartoon of the day, “The Latest WikiLeak” At Department of Labor: Set your shredders to warp speed The GOP needs to pick the right committee chairmen The permanent non-governing minority Folding the Fed Why do we have a central bank? Deal with the devil: Temporary across-the-board tax relief for more endless job benefits Poll: Nearly half of Democrats think government should control the entire economy Christmas parade fail