Topic: Government Spending
NAT GAS Act is a Boone-Doggle!
Posted on Feb. 29, 12 | 08:40 AM by Andrew Roth | Topic: Government Spending
The Wall Street Journal has a great editorial yesterday about the NAT GAS Act:
Read the whole thing.
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Something about energy policy causes Republicans and even many conservatives to abandon every free-market principle they claim to believe and embrace corporate welfare. The latest example comes courtesy of our sometime intellectual ally, Texas billionaire Boone Pickens, who is pushing the Nat Gas Act.
Mr. Pickens wants to pour subsidies on the production and purchase of vehicles that use natural gas as a transportation fuel. With conventional gasoline prices approaching $4 a gallon in many markets, this is the hottest energy fad in Washington and has had as many as 180 House co-sponsors, including, at last count, 72 Republicans.
Read the whole thing.
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Most Awkward Moment on the Campaign Trail
Posted on Feb. 21, 12 | 08:37 AM by Andrew Roth | Topic: Government Spending
From the LA Times, via POLITICO's Morning Score:
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"As [Romney] slammed [Santorum] for repeatedly voting to raise the debt ceiling [in Newton Ohio] on [Monday], he was standing alongside Sen. Rob Portman of Ohio who has also cast several ballots to raise the cap on the nation's debt," per the Los Angeles Times. "The former Massachusetts governor praised Portman for not being like other Republicans who went to Washington and embraced the capital's free-spending ways. But Portman, during his time in the Senate and the House of Representatives, repeatedly voted to raise the debt ceiling, most recently in August."
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Imported from Detroit. Bailed out by Washington. Paid for by you.
Posted on Feb. 08, 12 | 09:45 AM by Barney Keller | Topic: Government SpendingCut, Cap, and Balance!
Posted on Jun. 22, 11 | 10:41 AM by Andrew Roth | Topic: Government SpendingBarbara Boxer reads letter from AFL-CIO in favor of EDA reauthorization
Posted on Jun. 07, 11 | 03:16 PM by Barney Keller | Topic: Government Spending
Click here to read the Club for Growth's "Key Vote Alert" against the EDA.
Permalink: http://www.clubforgrowth.org/perm/?postID=15196
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Increasing the Debt Limit - FAIL
Posted on Jun. 01, 11 | 07:56 AM by Andrew Roth | Topic: Government Spending
To illustrate their point that deep spending cuts and budget reforms need to be enacted, House GOP leaders scheduled a vote on a clean increase in the debt limit knowing that it would fail. And last night, it failed miserably.
The tally was 97-318.
Now that it's been established that a clean increase is not in the cards, it's time to talk about what is acceptable in exchange for an increase. For that, the Club for Growth strongly supports the RSC's Cut, Cap, and Balance plan.
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The tally was 97-318.
Now that it's been established that a clean increase is not in the cards, it's time to talk about what is acceptable in exchange for an increase. For that, the Club for Growth strongly supports the RSC's Cut, Cap, and Balance plan.
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Sen. Toomey Gives a Speech on the Debt Limit at AEI
Posted on May. 18, 11 | 03:21 PM by Andrew Roth | Topic: Government SpendingThe Club's Andy Roth on CSPAN
Posted on Apr. 22, 11 | 12:33 PM by Andrew Roth | Topic: Government SpendingPolitico Interviews the Club's Andy Roth on the Debt Limit Debate
Posted on Apr. 21, 11 | 01:42 PM by Andrew Roth | Topic: Government SpendingThe Debt Limit Debate
Posted on Apr. 21, 11 | 11:20 AM by Andrew Roth | Topic: Government Spending
This morning, the Politico's David Mark asked:
Several pundits and political types responded. Here's an excerpt from my own contribution:
First off, it’s lazy journalism to state as fact that the country will default on its obligations if the debt ceiling is reached and not increased. The Treasury still collects tax revenue and has enormous capacity to pay its debts if such an event occurs. Indeed, if strong budget reforms are demanded – and Republicans hold tight – bond prices will naturally rise as Washington conveys to Wall Street and the rest of the world that it’s serious about cleaning up its balance sheet.
To that point, there’s a growing consensus that Republicans should demand the balanced budget amendment offered by Sen. Mike Lee (Utah) and Rep. Joe Walsh (Ill.). This pro-growth proposal caps spending at 18% of GDP and requires supermajorities in Congress to increase spending, taxes, and future debt limits. If such a proposal were adopted, the economy would take off like a rocket ship.
Permalink: http://www.clubforgrowth.org/perm/?postID=15019
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House Majority Leader Eric Cantor says the GOP will not grant Democrats’ “request for a debt limit increase” without major spending cuts or budget process reforms. Cantor (Va.) says he’s ready to plunge the nation into default if the GOP’s demands are not met. Who will blink first in the debt ceiling standoff? Do Cantor and House Republicans have public opinion on their side?
Several pundits and political types responded. Here's an excerpt from my own contribution:
First off, it’s lazy journalism to state as fact that the country will default on its obligations if the debt ceiling is reached and not increased. The Treasury still collects tax revenue and has enormous capacity to pay its debts if such an event occurs. Indeed, if strong budget reforms are demanded – and Republicans hold tight – bond prices will naturally rise as Washington conveys to Wall Street and the rest of the world that it’s serious about cleaning up its balance sheet.
To that point, there’s a growing consensus that Republicans should demand the balanced budget amendment offered by Sen. Mike Lee (Utah) and Rep. Joe Walsh (Ill.). This pro-growth proposal caps spending at 18% of GDP and requires supermajorities in Congress to increase spending, taxes, and future debt limits. If such a proposal were adopted, the economy would take off like a rocket ship.
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House Passes FY11 Continuing Resolution
Posted on Apr. 14, 11 | 03:44 PM by Andrew Roth | Topic: Government Spending
The House just passed the watered-down continuing resolution to fund the government through September. The tally was 260-167.
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