Tag Archive | "federal spending"

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Dems’ Health Care Bill Looking Weaker by the Day

For the Democrats still supporting the health care overhaul, the blows just keep coming. As if the financial problems I described in a previous post were not enough to deter this fiscal suicide, the Congressional Budget Office has now said that a plan to offset the massive costs by putting an outside panel in charge of budget-cutting for other government health care programs will amount to savings of only about $2 billion over 10 years — practically negligible in comparison to the final…

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Posted in Economy, Healthcare, Insurance, Personal Liberty, Politics as Usual, RegulationComments (0)

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Departing President Bush to Establish “Freedom Institute”

Departing President Bush to Establish “Freedom Institute”

The Washington Post reports that President Bush will be starting something called the “Freedom Institute” as part of his presidential library in Dallas. This institute would focus on a what the Post describes as a “broad portfolio of topics, including the expansion of democracy abroad and education reforms of the kind Bush implemented during his presidency, according to organizers.”

The Post story goes on to talk about the institute’s goal of focusing on debate:

“The president’s vision is for it to become an…

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Posted in Politics as Usual, ZeitgeistComments (4)

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Land Grab Bill: Senators Check Principles at the Door

Land Grab Bill: Senators Check Principles at the Door

I have heard several Republican congressional leaders say that the party has learned its lesson from their disastrous losses in the past two elections. From now on, it’s back to being the party of limited government, fiscal discipline, lower taxes, and against pork barrel spending.

Sounds good, but Senate Republicans have blown their first opportunity to demonstrate that they mean what they say. The first bill that Senate Majority Leader Harry Reid (D-Nev.) brought to a vote in the 111th Congress…

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Posted in Energy, Environment, Politics as UsualComments (1)

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Socialism: It’s Already Here!

The candidates in the recent presidential election argued about whether one of them was advocating socialism.  Actually, it looks like we’re already there.  An ever-growing share of economic activity is ending up under government control.  Reports USA Today:

The government’s spending surge to ease the financial crisis and a worsening recession is increasing the federal share of the nation’s economic activity close to $1 out of every $4, the highest level since World War II, an analysis of current and projected…

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Posted in Bailout Watch, Economy, Politics as UsualComments (2)

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