A coalition of conservative leaders today said the House should reject legislation that would continue taxpayer subsidies of flood insurance for private property owners. Taxpayers, they stress, already are on the hook for $24 billion. “Members of the House should reject all forms of this bill and put an end to flood insurance subsidies that […]
By Washington Times (DC) February 18, 2014 6:55 am The nightmare societies portrayed in the George Orwell novels “Nineteen Eighty-Four” and “Animal Farm” gave us the word “Orwellian.” That adjective reflects a vast government’s efforts not just to deceive and control the people, but also to do so by reinventing the meaning of ordinary words […]
President Obama said something truly great in his State of the Union Address this year. He told Congress: [S]ince the most important investment many families make is their home, send me legislation that protects taxpayers from footing the bill for a housing crisis ever again, and keeps the dream of homeownership alive for future generations. […]
Krauthammer says that delaying the employer mandate simply to ease political pain before an election is the kind of stuff they do in banana republics: [youtube JCYINy2-dag nolink] But generally speaking you get past the next election by changing your policies, by announcing new initiatives, but not by wantonly changing the law lawlessly. This is […]
The President’s State of the Union address overshadowed some very important news relating to housing finance reform. Last Wednesday, Senators Bob Corker (R–TN) and Mark Warner (D–VA) promised to renew efforts to pass a bill they introduced in June 2013 that would close down Fannie Mae and Freddie Mac. It also appears that Senators Tim […]
To help individuals and businesses make an informed choice, the Tax Foundation collects data on more than 100 tax provisions for each state and then ranks them to create its annual State Business Tax Climate Index. The 10 worst states on the list all levy complex, non-neutral taxes that favor some economic activities over others […]
By Washington Times (DC) January 30, 2014 12:25 pm Attorney General Eric H. Holder Jr. said Wednesday that there is still a chance the government would file criminal charges against Internal Revenue Service employees who targeted tea party groups for special scrutiny, disputing press reports that the criminal probe into the tax agency has already decided […]
House Analysis: This week, the House may consider the Exchange Information Disclosure Act, which is a bill that would amend Obamacare to require transparency in the operation of American Health Benefit Exchanges. This attempt to improve the transparency and security of the Patient Protection and Affordable Care Act, or Obamacare, speaks to Congress’s recognition of the […]
Somewhere far, far to the south where it is summer, a group of global warming scientists are trapped in the Antarctic ice. If you missed the irony of that situation, it is because much of the mainstream media has glossed over that rather inconvenient bit of hilarity. As an example here is an Associated Press story that […]
(CNSNews.com) – “Even as the economy creates jobs, too many Americans find themselves on the sidelines watching as the rich get richer, the poor get poorer and the middle class are getting squeezed and squeezed,” Senate Majority Leader Harry Reid (D-Nev.) said on Thursday. “There is no greater challenge this country has than income inequality. […]
