Democrat Congress

Europe Thumps U.S., Again – WSJ.com

July 20, 2009
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On present trends, most of Europe will soon have lower income tax rates than most of America. And now the European Union is stealing another competitive march on Washington, this time on a free trade deal with the world’s 13th largest economy, fast-growing South Korea. Last week Brussels and Seoul finished the outline of...

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Democrats’ New Worry: Their Own Rich Voters – WSJ.com

July 19, 2009
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A glimmer of hope… A group of Democrats elected in recent years from some of the country’s richest congressional districts have emerged as a stumbling block to raising taxes on the wealthy to pay for President Barack Obama’s ambitious health-care overhaul just as the plan has begun to meet increasing resistance over its cost....

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A Reckless Congress – WSJ.com

July 17, 2009
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The level of anger should be rising. These clowns need to be out before this goes through. Call your senators. Say this about the 1,018-page health-care bill that House Democrats unveiled this week and that President Obama heartily endorsed: It finally reveals at least some of the price of the reckless ambitions of our...

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A Reckless Congress – WSJ.com

July 17, 2009
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Mr. Obama’s February budget provided the outline, but the House bill now fills in the details. To wit, tax increases that would take U.S. rates higher even than most of Europe. Yet even those increases aren’t nearly enough to finance the $1 trillion in new spending, which itself is surely a low-ball estimate. Meanwhile,...

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Director’s Blog » Blog Archive » The Long-Term Budget Outlook

July 16, 2009
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Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-term fiscal projections, rising costs for health care and the aging of the population will cause federal spending to increase rapidly under any...

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CBO: The Long-Term Budget Outlook

July 16, 2009
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Measured relative to GDP, almost all of the projected growth in federal spending other than interest payments on the debt stems from the three largest entitlement programs—Medicare, Medicaid, and Social Security. via Director’s Blog » Blog Archive » The Long-Term Budget Outlook.

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We The People Stimulus Package

July 16, 2009
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YouTube – We The People Stimulus Package.

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Card Check – Just Good for Unions

July 16, 2009
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YouTube – Card Check – Just Good for Unions.

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Foreclosures at record high in first half 2009 despite aid – Yahoo! News

July 16, 2009
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U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated. Foreclosure filings jumped to a record 1.9 million on more than 1.5 million properties in the first six months of the year, RealtyTrac said on Thursday. The number...

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DEM HEALTH RX A POI$ON PILL IN NY – New York Post

July 16, 2009
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Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers. via DEM HEALTH RX A POI$ON PILL IN NY – New York Post.

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