The long saga of the Air Force refueling tanker may be coming to an end soon; or maybe not. The latest request for proposal is due to be released shortly, and hearings this week on Capitol Hill indicate the battle may not be over.
Stimulating…or Just Plain Depressing?
February 17, 2010 marked the one-year anniversary of America’s favorite farce, the American Recovery and Reinvestment Act (ARRA). Ironically, this $862 billion “stimulus” bill has proven to be nothing more than a profligate program that has further depressed the nation’s economy.
Pulling the Plug on Yucca Mountain – A New Mountain of Waste
The 27-year saga of the nation’s permanent underground nuclear waste repository at Yucca Mountain, Nevada continues. After taking office in January, 2009, President Obama made good on his rash campaign promise to shutter the site, located 100 miles northwest of Las Vegas.
Don’t Count on an Efficient Census Bureau
The Census and the Super Bowl are American traditions whose paths had never crossed until February 7. That is when the Census Bureau spent $2.5 million for an ad during the big game to urge people to fill out and send in their questionnaires. This expenditure was just the latest in a number of high profile missteps by the agency.
The Year of Living Dangerously
The nation will hear President Obama’s first State of the Union Address on Wednesday as he tries to salvage a devastating plunge in popularity for his agenda. But, as bad as it has been for the President, whose support has dropped from 69 percent a year ago to 48 percent, the largest first-year drop by any President that has been tracked by polls, it has been much worse for taxpayers.
The Many Perks of Congressional Employment
Supposedly in Denmark to attend the Copenhagen Climate Summit, multiple members of Congress have been criticized for treating the trip as a personal vacation. The trip included seven Republicans and 15 Democrats, most notably House Speaker Nancy Pelosi (D-Calif.) and House Majority Leader Steny Hoyer (D-Md.).
Prime Cuts 2010: Quantifiable Recommendations for Change (We Believe In!)
President Obama’s January 27th State of the Union Address raised more questions than answers. While the national debt continues to soar past $12.3 trillion and the unemployment rate hangs at 10 percent, Americans long to hear the President offer some commonsense solutions. Instead, the President stubbornly clings to his stagnant tax-borrow-and-spend policies. Taxpayers don’t want to pay for another stimulus package (which will undoubtedly be stuffed with wasteful pork-barrel projects like its predecessor), nor are they fooled by the administration’s attempt to re-label it as a “jobs” bill.
Fannie Mae and Freddie Mac – The Voldemort(s) of the Financial Crisis
On January 13, 2010, the Financial Crisis Inquiry Commission (FCIC) launched a year-long probe on the financial crisis with two days of hearings, starting with testimony from the CEOs of Bank of America, Goldman Sachs, JP Morgan Chase, and Morgan Stanley. It is not clear whether the hearings and the subsequent report will be an authentic “teachable moment” or just another in a long line of show trials masquerading as serious congressional inquiries, but the early signs don’t look promising.
As Massachusetts Goes….
…so goes the ongoing effort to fight government waste, higher taxes, and save the future for our children and grandchildren.
The result of the special election for Senate in Massachusetts reflected a national outpouring of outrage over the overreaching Congress and White House, and a lot of buyer’s remorse for the 2008 election. Americans wanted change, but they did not want it to include massive new government regulations, a highly partisan Congress, backroom deals on major legislation, and a takeover of large parts of the economy.
Weatherization: More Clouds on the Horizon
The American Recovery and Reinvestment Act (ARRA), the so-called stimulus package, continues to be a source of contention and controversy as the end of 2009 approaches. When Congress first considered the $787 billion legislation, CAGW expressed grave concerns about the entire plan, especially those programs which received massive increases in their budgets.