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Stalling On Fan, Fred

1:44 pm in General News by Abby Anderson

Home Finance: Fannie and Freddie are still bleeding losses, costing taxpayers billions more each month. Yet the White House continues to delay reforms, in defiance of a congressional order. On Monday, the White House was to deliver a report to Congress proposing fixes to the government-sponsored mortgage giants at the center of the financial crisis. It was under statutory requirement to make that Jan. 31 deadline. But it blew it. The White House

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Perfect Strangers: State of the Union

3:13 pm in General News by A Carlson

Some of the bipartisan pairings at the State of the Union Tuesday night seemed more like an ’80s TV sitcom than the U.S. Congress.

Original post: Perfect Strangers: State of the Union

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Obama seeks cooperation in address

3:13 pm in General News by 454COR/Earl G.

President Obama called on Congress to come together Tuesday night, but the positions he outlined are sure to spark intense legislative battles.

Originally posted here: Obama seeks cooperation in address

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The Hopper: Newbies

3:13 pm in General News by Shelly Autin

The freshmen of the 112th Congress are not only trying to find the quickest routes to the committee rooms and cafeterias, but are also introducing their first bills.

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State of the Union Viewer’s Guide

12:53 pm in General News by A. Riot

The State of the Union address to Congress is one of Washington’s most hallowed and over-hyped traditions. “D.C. Decoder” host Craig Crawford tell you what to expect.

More here: State of the Union Viewer’s Guide

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Presidents required to give speech

12:53 pm in General News by Aaron Sparks

They don’t have to deliver it in person, but the Constitution does require presidents to give Congress information on the State of the Union.

Original post: Presidents required to give speech

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Young gets his groove back

7:34 pm in General News by Alan Thompson

Alaska Republican Don Young, who lowered his profile during the 111th Congress amid ethics questions, is making a comeback this year.

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Congress Q&A: Roundup

7:34 pm in General News by acai_berry

Will Nancy Pelosi get a pay cut? Does the government pay freeze affect Congress? How is the consumer price index calculated? We answer your questions.

Original post: Congress Q&A: Roundup

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Congress, humanized

7:34 pm in General News by aaron marko

A new face of Congress has come into the national consciousness. Rep. Gabrielle Giffords has a narrative that is opposite the one most Americans have of Congress.

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Years of tarnish on Hill’s image

7:34 pm in General News by Stephanie

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Playing Chicken

10:27 am in General News by Aaron Simac

Fiscal Policy: Failure by Congress to raise the debt ceiling would be “catastrophic,” says the White House’s top economic adviser. Does “catastrophic” include the soaring debt that runaway spending has produced? It’s always funny to watch Democrats and their advisers try to play the adults in a game where they clearly have behaved like irresponsible children. Let’s just concede that Austan Goolsbee may be right — Congress at some point must raise

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Obamateurism of the Day

6:11 pm in General News by 454COR/Earl G.

Modesty.


We know that the Obama administration has an odd idea of who the rich are. For more than two years, the White House and Democrats in Congress have tried to hike taxes on all those who make $250,000 a year, which is a pretty good living but hardly qualifies as one of the Four Hundred.   [...]

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Filibuster Follies

3:32 pm in Economic News, General News by Acai BDU

Leadership: Waking up to a thinner majority, the Senate majority leader suddenly finds the filibuster a threat to democracy. So he decides that the first legislative day will be the day the Senate stood still. Only in the Bible and Harry Reid’s Senate can a day last more than 24 hours. As we predicted a week ago, the slightly less powerful majority leader, on the first legislative day in the 112th Congress, executed plans to make that “day” last

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Politicians who have been killed

1:11 pm in General News by 1stRichard

How many Members of Congress have been killed in office? We answer your questions about Congress.

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Even After A ‘Shellacking’ In 2010, Obama Still Has A Chance In 2012

1:29 am in General News by Aaron Townsend

On the day after Boxing Day, it’s worth noting that Barack Obama is down but not out. You could tell as much from the contrast between his petulant post-election press conference and his peppy pre-Christmas press conference. In the former, he was crabby about accepting Republicans’ demands that income tax rates on all taxpayers not be raised. In the latter, he was celebrating the lame-duck Congress’ acceptance of his stands on the New START

Read more: Even After A ‘Shellacking’ In 2010, Obama Still Has A Chance In 2012

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Has Regulation Put An End To Rule Of Law?

10:32 pm in Economic News, General News by A. pALMA

The Constitution of the United States begins with the words “We the people.” But neither the Constitution nor “we the people” will mean anything if politicians and judges can continue to do end runs around both. Bills passed too fast for anyone to read them are blatant examples of these end runs. But last week, another of these end runs appeared in a different institution when the medical “end of life consultations” rejected by Congress were

Original post: Has Regulation Put An End To Rule Of Law?

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Ramirez on the nature of regulatory innovation

11:02 pm in General News by Abby Anderson

Got a light?


In 2011, Barack Obama will lose his party majority in the House, putting an end to his agenda — at least legislatively.  However, the Obama administration plans to conduct an end-run around Congress to pursue its agenda through regulatory innovation.  We’re already seeing previews of this at the EPA and FCC, where Obama appointees are [...]

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Video: Kirsten Powers says Bush 2008 veto of bill with end-of-life provision “not true”

7:05 am in General News by 77patriots

You can’t handle the truth.


Good stuff. When you tell a liberal the truth they recoil in disbelief.  Seriously. Just watch Kirsten Powers and her disbelief  in this interview when the bomb is dropped about 6:00 in.  She

Opportunities For Change To Fix The Fiascoes Of ’10

11:06 pm in Economic News by Abby Anderson

The year began with Democratic high hopes for a veto-proof majority in Congress and a Democrat in the White House. It ended with a bitter and sweeping defeat for Democrats as government “stimulus” failed to ignite the economy, Congress passed a raft of unneeded and unwanted legislation, and unemployment continued to rise. With that backdrop, in November’s midterm election Republicans took a stunning 63 seats in the House and whittled the

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The Filibuster Briar Patch

8:54 am in General News by Virginia Fuller

Double dog dare ya’.


I can still remember quite well the period in 2004 which spurred the feeling of deja vu that hit me this week. Republicans not only held the White House, but majorities in both houses of Congress as well. The problem, of course, was those pesky Democrats who were gumming up the works on everything from [...]

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Lawmakers advise new Congress

12:01 am in General News by acai_berry

Outgoing lawmakers on both sides of the aisle list what they believe needs to change on Capitol Hill in order for Congress to tackle the nation’s most pressing problems.

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Calendar shows divided Congress

12:01 am in General News by Aaron Lee

To get a sense of how things will work in the 112th Congress, look at next year

Congress Q&A: The rules

12:01 am in General News by Abigail Gray

Why are the procedural rules for the House and Senate so different? We answer your questions about Congress and the federal government.

Continue reading here: Congress Q&A: The rules

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House considers Armenian issue

12:01 am in General News by Aaron Simac

As the 111th Congress nears its end, a fierce lobbying campaign is raging behind the scenes over whether to condemn the 1915 massacre of Armenians as genocide.

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MY PLATFORM

5:53 pm in General News by admin

PRESIDENTIAL PLATFORM FOR 2008-2012

JD CAMPAIGN

1. THE MOST IMPORTANT THING MUST BE FIRST AND FOREMOST THE AMERICAIN PEOPLE/PUBLIC MUST COME FIRST. THEIR INDIVIDUAL RIGHTS AND PRIVILEDGES MUST AND WILL BE PROTECTED AND TO REMEMBER OUR GOV

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Stimulus impact on distressed areas is questioned

1:10 pm in Economic News by admin

By Robert Schroeder, MarketWatch

WASHINGTON (MarketWatch) — A top Democratic House lawmaker on Wednesday questioned whether President Barack Obama’s $787 billion economic stimulus plan is working as intended, in the latest evidence of dissatisfaction with the huge recovery package.

“It is unclear as to whether recovery act funds are going where they are needed most,” said Rep. Edolphus Towns, the New York Democrat who chairs the House Committee on Oversight and Government Reform.

Towns cited in particular transportation-related spending in hard-hit communities. He requested a meeting with Transportation Secretary Ray LaHood to underscore the importance of ensuring stimulus spending “is focused on these economically distressed areas.”

Towns spoke at the beginning of a committee hearing about the stimulus package, which is under attack from some Republicans and the subject of questioning even among Democrats, with the unemployment rate at 9.5%. In an interview with NBC News on Tuesday, Obama said jobs would emerge at the end of a recovery, rather than the beginning.

But, facing a persistently weak economy and unyielding job losses, pressure is increasing on the White House and Congress for additional steps.

House Majority Leader Steny Hoyer, D-Md., recently said Congress needs to be “open to whether we need additional action,” and Vice President Joe Biden said last weekend that the administration “misread the economy.” Obama, however, said “there’s nothing that we would have done differently.”

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Obama on cap and trade: ‘electricity rates would necessarily skyrocket’

7:22 am in General News by Eric

Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” — Barack Obama, January 17, 2008, San Francisco Chronicle

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President’s PAYGO Proposal is Unworkable

8:58 am in Economic News by admin

President Obama today is promoting a Pay-as-You-Go (PAYGO) statute requiring that tax cuts and entitlement expansions be collectively deficit-neutral. Congress is likely to take up the proposal later this month.

Since 2007, Congress has had a PAYGO rule mandating that each new tax and entitlement bill be deficit-neutral. Because it is merely a congressional rule, lawmakers can (and do) waive it easily. By contrast, a PAYGO statute—which existed from 1991 until 2002—would operate differently. Instead of requiring that each tax and entitlement bill be deficit neutral, this law would keep a running scorecard of all enacted bills (allowing one bill to offset another). If, at the end of the year, the net effect of all tax and entitlement legislation was to increase the budget deficit over the next decade, an automatic series of entitlement spending cuts (“sequestrations”) would be triggered to offset those costs.

Yet PAYGO has proven to be more of a talking point than an actual tool for budget discipline. Consider that:

1) PAYGO has never been enforced

  • During the 1991-2002 round of statutory PAYGO, Congress and the President still added more than $700 billion to the budget deficit and simply cancelled every single sequestration that would have enforced PAYGO. Even if Congress had wanted to enforce PAYGO during that period, they had already exempted 97% of all entitlement spending from sequestration cuts. It was basically designed to fail.
  • Since the 2007 creation of the PAYGO rule, Congress has waived it numerous times in order to add $600 billion to the deficit. In fact, the entire “stimulus” bill violated PAYGO; Congress simply ignored the rule.

2) PAYGO’s design is flawed

  • PAYGO exempts all discretionary spending, and would also allow all current entitlement programs like Social Security, Medicare, and Medicaid to continue growing on autopilot. It affects only new entitlements or tax cuts that may be created in the future.
  • Even if PAYGO were fully enforced, entitlement spending would still grow 6 percent annually, and discretionary spending could grow without limit.

Creating a PAYGO law and then blocking its enforcement is inconsistent and hypocritical. And given their recent waiving of PAYGO to pass a massive stimulus bill, there is no reason to believe the current Congress and the President are any more likely to enforce PAYGO than their predecessors were. And even if it were enforced, PAYGO applies to only a small fraction of federal spending (new entitlements). Consequently, PAYGO is merely a distraction from real budget reforms that could rein in runaway spending and budget deficits – such as statutory spending caps.