As Democrats scramble to cobble together a governing majority and Republicans jockey among themselves for the conservative mantle, a serious public policy issue slides into obscurity.
America’s debt and deficit are mounting, ever so steadily, and most politicians in Washington don’t seem to care. In fact, it is in their best interest not to care,...
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Economic
The Pence-Hensarling Spending Limit Amendment
Reconciling Politics and Policy
WASHINGTON–President Obama told Senate lawmakers today to move forward with reconciliation to pass health care reform, saying the plan deserves the same straightforward vote that SCHIP, COBRA and the Bush tax cuts received.
As the Senate prepares to take an up-or-down vote, the NRCC is applying pressure on undecided Democrats on the House side. Project...
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The Burden of ObamaCare
WASHINGTON–CNSNews.com reports the individual insurance mandate included in Barack Obama’s revised health care plan would violate the President’s campaign promise to not raise taxes on individuals who earn less than $250,000 per year.
Passed in December, the Senate version of the bill which Obama’s plan is based off of imposes a $750 fine on individuals...
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Niall Ferguson on the Economy
So recently I attended an event where eminent Harvard historian, Niall Ferguson, and senior fellow at Schwartz Center for Economic Policy Analysis, Jeff Madrick, spoke about the current economic crisis.
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Making sense of the Treasury’s new plan
In a barrage of committee hearings over the next few days, Treasury Secretary Timothy Geithner is expected to propose a plan to expand the governments authority to intervene in failing financial institutions to restructure their operations. Politically, Obama stands to gain just as much as he risks losing.
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The Death of a Newspaper, the Tumult of an Industry
The world of print journalism will never be the same again. After 150 years of service to the Denver community, the Rocky Mountain News announced Thursday that their final issue would be Friday (February 27, 2009). Owned by the E. W. Scripps Company, the newspaper had been in financial trouble for months due...
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Obama poised to publicize sweeping health care reform
Keeping true to his campaign promise, President Obama is set to unveil a bold health care reform plan. Allocating $634 billion over ten years, Mr. Obama combines several key measures aimed at reducing costs and increasing affordability for the roughly 47 million Americans without health insurance.
But will it work?
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The Downs File: Comments on IHOP’s Celebration of National Pancake Day
Today, IHOP was nice enough to give away free stacks of pancakes in celebration of National Pancake Day. Those individuals who visited IHOP between 7AM and 10PM could receive three free buttermilk pancakes topped with a dollop of butter. IHOP was also hosting a fundraising drive for the Children’s Miracle Network, which raises money...
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Hopeism, Obama, and $1,000,000,000,000 deficit
President Obama is set to announce a bold plan to cut the federal deficit in half over the next four years. Mr. Obama, stop playing the American people for fools. Adidas may claim that Impossible is Nothing, but I doubt that even Adidas would endorse such a unrealistic plan. So to those of you...
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You must never say the N-word!
It was with incredible shock that I heard Senator Dodd casually mention the n-word while appearing as a guest on “Political Capital with Al Hunt,” a Bloomberg Television talk show that airs on Friday afternoon and Sunday morning. That a man could so audaciously use such a powerful, aggressive word in seemingly polite...
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