The Robin Hood Tax Scam Is Back
The Robin Hood Tax, properly called the Tobin Tax, is being resurrected by two Democrats to raise money under the guise of helping to stimulate the economy. ...
Congress
The Pauls Introduce Their New Internet Liberty Manifesto
With Ron Paul’s bill H.R. 459, the Federal Reserve Transparency Act, headed for a floor vote in the House in the next two weeks (and likely success at passage with 263...
Senator Paul Wants Senate to Actually Read Bill Before Voting
Senator Rand Paul (R-Kentucky) has proposed legislation to force Senators to read bills before they vote on them. ...
Lawmakers Compromise Over Transportation, Student Loans Bill
Battling over a transportation bill that now also addresses student-loan interest rates, congressional lawmakers are scrambling to appease their constituents in a legislative boondoggle littered with election-year politics. Aimed for final...
Another Government Agency is Under Water
The Pension Benefit Guaranty Corporation is underwater by $26 billion. But a small premium increase will fix things up just fine. When the Pension Benefit Guaranty Corporation (PBGC)’s president, Josh Gotbaum, announced that the...
House Oversight Committee Votes Contempt Charges Against Atty. Gen. Holder (23-17)
The House Oversight and Government Reform Committee voted along partisan lines to bring contempt charges against Attorney General Eric Holder June 20 by a vote of 23-17 over the Attorney General's...
Two More Senators Support Bill Opposing UN Arms Trade Treaty
A week ago both Mississippi Republican senators, Thad Cochran and Roger Wicker, announced their support of S.B. 2205 — the Second Amendment Sovereignty Act of 2012 — that would allegedly protect American citizens...
CBO Director: U.S. Is Headed for the Cliff
Congressional Budget Office Director Doug Elmendorf testified on Wednesday before the House Budget Committee about the federal government’s “Long Term Budget Outlook.” His office just released its latest study which showed two scenarios:...
STARS Act — GOP Version of the Dream Act — is Introduced
On Wednesday, Rep. David Rivera (R-Fla.) introduced his bill, “Studying Towards Adjusted Status Act” or the STARS Act, in an effort to break the logjam over immigration reform and provide a path...
Congressmen Propose Domestic Distribution of Pro-U.S. Propaganda
Congressmen Mac Thornberry (R-Texas) and Adam Smith (D-Washington) have proposed an amendment to the NDAA that would remove a decades-old prohibition on the domestic distribution of pro-government propaganda. ...
Privacy-eliminating CISPA Awaits Its Fate in the Senate
Despite an increasingly noisy chorus of resistance to many of its provisions, the Cyber Intelligence Sharing and Protection Act (CISPA) passed the House, 248-168, on April 26. Passage in the House...
House to Vote on Ron Paul Bill to Audit the Federal Reserve
GOP leadership in the House of Representatives announced that legislation to thoroughly audit the secretive Federal Reserve, a wildly popular measure pushed by Rep. Ron Paul (R-Texas) for decades, will come...
Senators Grill Secret Service Director Over Prostitution Scandal
Senate lawmakers are continuing investigations over the infamous prostitution scandal that implicated 12 Secret Service agents during a presidential assignment in Cartagena, Colombia. So far, eight Secret Service employees have lost their...
Clinton, Panetta Tell Senate Committee U.S. Must Ratify LOST
Three top Obama administration officials — Secretary of State Hillary Clinton, Secretary of Defense Leon Panetta, and Joint Chiefs of Staff Chairman Gen. Martin Dempsey — told a Senate committee that the...
Congressional Budget Office Predicts U.S. Recession
The latest report from the non-partisan Congressional Budget Office (CBO) released on Tuesday said that if the country falls off the “fiscal cliff” — variously also called “taxmageddon” — it will likely enter...