Category: Congress

Michael Lewis has written an extraordinary piece on the AIG failure for Vanity Fair. As with most of his work, the article is informative, funny and written in an …

Members of Congress just love to use the American taxpayers as their own personal ATM. They can go to the bank and money they never earned is magically there. …

In an earlier post I posited the question of what motivated congressional Democrats and President Obama to promulgate policies that hindered taxpayer's ability to pay off the substantial amount …

It's interesting that President Obama and the Democrats in Congress studiously avoided the issue of tax increases during the election, except when they accused then candidate McCain of wanting …

Arthur Laffer and Stephen Moore have written a great opinion piece in today's Wall Street Journal that serves as a reminder of what happens when state governments tax the …

"Now we can get things done without explaining process," House Speaker Nancy Pelosi (D-Calif.) told CNN on Tuesday. Now that's Change in which we can believe. I've got to …

The Obama administration is bypassing some of the restrictions enacted by Congress to control the pay of individuals employed by institutions that receive federal assistance. The Washington Post reports …

Congress passed the President's 3.5 trillion dollar budget yesterday. No Republican voted for the measure but twenty House Democrats and two Democrat Senators voted against the legislation. While Republicans …

The Obama administration has given General Motors 60 days to come up with a plan to justify another round of tax payer infusions that would ostensibly stave off a …

House Financial Services Chairman Barney Frank is taking his TARP mandate and the Obama Corporate Management Strategy to the next logical step by proposing legislation that would heavily regulate …