The House will likely vote this afternoon on H.R. 5982, the Small Business Tax Relief Act, which has speciously been dubbed another “jobs” bill. To its credit, H.R. 5982 would eliminate rules in the newly enacted healthcare law that would require businesses will to file a 1099 to the Internal Revenue Service (IRS) for each [...]
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Today’s WSJ delves into the divide between the level of benefits for public sector workers and their private sector counterparts, adding to that sinking feeling that the “haves” in this country are those living larg(er) off the dwindling revenues generated by beleaguered taxpayers . The time is rapidly approaching when adjustments will have to be made to [...]
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I am going to keep this blog posting short and (bitter)sweet. We could be in the endgame for the alternate engine. House Defense Appropriations Subcommittee Chairman Norm Dicks (D-Wash.) has indicated that he will not include funding for the alternate engine for fiscal year 2011. Rumor is that an amendment will be offered to put the [...]
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Following the complete farce of “deeming” the approval of a budget resolution by Democrats in Congress, which meant that the House and Senate Appropriations Committee had no guidance on spending limits, all 12 Republican members of the Senate Appropriations Committee demonstrated a rare sense of fiscal responsbility by writing to Committee Chairman Daniel Inouye (D-Hawaii) asking [...]
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No, I’m not talking about the Twilight Movie series. I am talking about President Obama picking Jacob (Jack) Lew as the next Director of the Office of Management and Budget (OMB). According to Politico: President Barack Obama has selected Jack Lew, the former Clinton administration budget director who is credited with helping leave behind a $237 [...]
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Today the GAO released an overview of the mismanagement problems at the Legal Service Corproation (LSC). I would not blame you if you read the headline, promptly nodded off and grabbed a well-needed afternoon snooze, since the LSC has been the subject of almost constant criticism over poor management for years. The LSC is a a private, nonprofit corporation to [...]
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It’s Pork Alert season and on Thursday, July 8, 2010 Citizens Against Government Waste (CAGW) released its preliminary analysis of the House version of the fiscal year 2011 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act. There are 192 projects in the bill, costing taxpayers $143,890,000, which is a 40.4 percent decrease from [...]
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Ths list of ridiculous stimulus expenditures goes on and on. In my inbox today arrived another peek at the failure of ARRA, curtesy of the GAO: stim funds were used by one school district, Winston/Salem/Forsythe County (North Carolina) to take kids to water parks and to see the movie Ice Age. The GAO reviewed a sampling of purchases and [...]
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A July 4, 2010 New York Times article detailed the lengths some members of Congress will take in order to circumvent their own rules regarding earmarks. The article tells the story of the Great Lakes Research Center, a nonprofit organization formed by Victoria Kurtz one day after House Democrats announced a ban on earmarks directed [...]
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In two days (July 11) the final match of the 2010 World Cup will be played. Approximately 1 billion are estimated to watch it. And, just like any other sport, the losing team lose will invariably blame the officiating. It has now come to light that the University of Pennsylvania School of Medicine, with a [...]
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