Exploding Debt Threatens Economic Recovery
The latest U.S. national-debt figures are truly mind-boggling: According to the Treasury Department, for the twelve-month period ending Dec. 31, 2009, the federal government ran a deficit of $1.472 trillion, which is 116 percent greater than the deficit for the twelve-month period that ended Decembe...
New Findings Reveal Significant Negative Impact of Government Debt Buildup on Economic Growth
“The sharp run-up in public sector debt will likely prove one of the most enduring legacies of the 2007-2009 financial crisis in the United States and elsewhere.” A recent study presented at the American Economic Association contains some very important findings on the negative impact of large go...
Abortion deal is a radical change
For over 30 years, the Hyde amendment has prevented the expenditure of federal funds on abortion, which so many regard as the taking of an innocent human life. Named after the late Henry Hyde, longtime member of Congress from Illinois and pro-life hero, the Hyde amendment established the principle t...
Sen. Sam Brownback: Perverse Obamacare incentives jeopardize recovery
There is some hope in the latest report on unemployment that our battered economy may be showing some tentative signs of recovery as the rate of job loss continues to slow. But with consumer confidence still low, unemployment hovering at 10 percent, and over 7 million jobs lost since the beginnin...
Protect Health-Care Access for Disabled Americans
Last summer, the American people voiced their dissatisfaction with health care plans under consideration, but it is now clear that congressional leaders are not listening to their concerns. The Baucus plan, reported out of the Senate Finance Committee two weeks ago, is the latest “reform” effort tha...
The Tax Man Cometh - Taxing Health Insurance Plans
Obama's Health Care Plan Leaves Americans in Multi-Trillion Dollar Debt
The Obama administration and Democratic members of Congress have been claiming that the huge price tag of their health care reform proposal will require no new taxes on the middle class, and that it can be paid for in full with a new surtax on the top 1 percent of earners.
Job Losses in the Current Recession
Sen. Sam Brownback has a message to Treasury: Pay down the debt!
If taxpayers knew that the U.S. Treasury was sitting on $80 billion dollars that could be used to pay down the gigantic federal debt, they would not be pleased.
