Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Stephen Moore: No, We Don't Need A Gas Tax Hike

Politicians want to fatten the pot from which they steal.  It's summertime and that means millions of Americans will soon be cramming in the minivan for family vacation. But Congress may soon be raising the cost of those trips by increasing the federal gas tax. Why? The highway trust fund that finances our national highway system is running  ... MORE

5 Things You Need To Know About The Shitshow In Greece

by Ed Krayewski. Greeks want big government but they want someone else to pay for it. Last week, the Greek government walked away from the negotiating table with its creditors and enablers—the European Commission, the European Central Bank, and the International Monetary Fund, called the "Troika." The group wanted Greece to commit ... MORE

John W Whitehead: Slave Or Rebel? Ten Principles For Escaping The Matrix And Standing Up To Tyranny

The more things change, the more they stay the same.   It’s a shell game intended to keep us focused on and distracted by all of the politically expedient things that are being said—about militarized police, surveillance, and government corruption—while the government continues to frogmarch us down the road toward outright tyranny.      ... MORE

It Is Mathematically Impossible To Pay Off All Of Our Debt

by Michael Snyder.   The most inconvenient truth of all. Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse with each passing year.  Many ... MORE

Ted Cruz And Rand Paul Team Up To Cut Enviro Funding

by Ben Geman.   Two 2016 hopefuls working together. Republican Sens. Rand Paul and Ted Cruz are rivals for their party's White House nomination, but they're finding some common ground in the Senate's budget fight. On Wednesday the two 2016 hopefuls jointly filed an amendment to the budget plan that would cut new budget   ... MORE

Let’s Be Two Americas: The Case for Federalism

by Robert Tracinski.     There has been some haggling in Congress recently over a proposal to convert a couple of big chunks of federal spending—Medicaid and food stamps—into block grants to the states, which would be given more control over the programs. This proposal suggests a much broader answer to our current political conflicts, toward  ... MORE

VIDEO: The People's Contempt For The Constitution

Wanted: A Budget-Cutting President

by Donald Lambro.    The candidate who wins the presidency in 2016 will be the one who vows to wage all-out war on a bloated, inefficient, corrupt government in need of a top-to-bottom, budget-cutting revolution. Next to an underperforming economy, the problem that concerns most Americans is the government’s $18 trillion debt, fueled by six   ... MORE

Jeanne Sahadi: The New Debt Ceiling: $18113000000000

The suspense -- or rather, the suspension -- is over.  The U.S. debt ceiling has been reset at $18.113 trillion, the Treasury Department said Tuesday. That new limit on public debt is about $1 trillion above where it stood in February 2014, when lawmakers decided to "suspend" the ceiling through this past weekend. That cool trillion reflects how ... MORE

EPA Targets Backyard Burger And Wiener Roasts

by Paul Bedard.   The Environmental Protection Agency has its eyes on pollution from backyard barbecues. The agency announced that it is funding a University of California project to limit emissions resulting in grease drippings with a special tray to catch them and a "catalytic" filtration system. The $15,000 project has the "potential for   ... MORE

Sports Stadiums Throw Taxpayers For A Loss

by Steve Chapman.     It's a play fake that never fails. Since 1995, Los Angeles has been an anomaly: a huge city with lots of sports fans that has exactly as much professional football as Billings, Montana. This week, Angelenos got a bit of good news: They still aren't getting an NFL franchise. A corporation called AEG announced Monday that it    ... MORE

Medicare and Social Security Tabs Coming Due

by Michael Tanner.    The tidal wave of red ink. The national debt has dropped out of the headlines recently, but that doesn't mean that it has gone away.   In fact, just a few weeks ago, the debt officially topped $18 trillion. For those keeping score, that equals roughly 101 percent of GDP. In other words, we now owe more than the value of all goods    ... MORE

Shearing The Sheep: Democrats Want To Spend Taxpayer Dollars To Study New Ways To Tax People Even More

by Pete Kasperowicz.     Rep. Earl Blumenauer (D-Ore.) this week introduced legislation that would give states federal grants to study the possibility of imposing a controversial new tax — one that would tax people for every mile they drive in their cars. Blumenauer’s Road Usage Charge Pilot Program Act is the latest effort to move away from a gas  ... MORE

Obama's Gift: ‘Amnesty Bonuses’ in Tax Code Mean Illegal Immigrants Will The Receive Earned Income Tax Credit

by Daniel Halper. President Barack Obama has promoted his recent executive action on immigration by arguing that he’s only deferring action – holding off on enforcement of the current immigration laws until an immigration reform he approves of passes Congress. But that's not really true; in fact there’s a way for illegal immigrants immediately to  ... MORE

Steve Chapman: Government Debt On The Road To Ruin

Promise today, figure out how to pay tomorrow.  Americans are addicted to living beyond their means, at least when it comes to the functions of government. That's why the federal debt tripled over the past decade and under President Barack Obama's budget plan would keep growing indefinitely. Why not? If you don't have to pay for all   ... MORE