The allegedly pro-life Republican Party has betrayed its base again. According to Terence P. Jeffrey of CNSNews.com, the budget deal reached between the Obama administration and Congress on April 9 does not include the Pence Amendment, which would have banned federal funding of Planned Parenthood for the remainder of the fiscal year. Should this bill become law, the nation’s largest abortion provider will continue to receive millions of taxpayer dollars.
When launching his military intervention into the Libyan civil war, President Barack Obama undoubtedly expected some resistance from Republicans in Congress. On the other hand, he probably did not count on members of his own party joining the GOP in opposing the operation, but that is precisely what is happening.
It is becoming increasingly obvious that the Republican leaders in the House of Representatives never really had their hearts in all their pre-election talk about shrinking government. Having vowed to cut $100 billion from the Obama administration’s proposed budget for fiscal year 2011, they were prepared instead to trim a paltry $35 billion, arguing that on a prorated basis it works out to about $74 billion for the year, still 26 percent less than their modest stated goal.
The Federal Reserve cherishes its privacy and has fought tooth and nail to keep it. Nevertheless, its ability to shower greenbacks on favored corporations and foreign banks may soon be drawing to a close thank s to the 2010 elections.
“We’ve had some incidents where TSA authorities think that congresspeople should be treated like everybody else,” Rep. James Clyburn (left, D-S.C.) told Fox News Sunday.
According to the federal government’s 2010 financial statements, released in late December, the 2010 deficit was $1.29 trillion, a slight decrease from the 2009 deficit of $1.42 trillion. Despite this minor improvement, the long-term debt when all obligations are taken into account, including such major unfunded liabilities as Social Security and Medicare, is an astounding $64 trillion — and that may be understating things by about $12.3 trillion, says John Williams of ShadowStats.com (as reported by Douglas French on the Ludwig von Mises Institute blog).
Leave it to Democrats to make the spendthrift Republicans of the George W. Bush era look like tightwads. “The federal government,” reports CNSNews.com, “has accumulated more new debt — $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.” That comes to “$10,429.64 in new debt for each and every one of the … people counted in the United States by the 2010 Census,” writer Terence P. Jeffrey explains, adding that the total national debt as of the close of business on December 22 “now equals $44,886.57 for every man, woman and child in the United States.
Conservatives may have lost some battles for committee chairmen in the incoming Republican-dominated House of Representatives, but they are making up for it when it comes to subcommittees. For economic conservatives there is the appointment of Rep. Ron Paul of Texas to head the Financial Services Subcommittee on Domestic Monetary Policy and Technology. Social conservatives, meanwhile, scored a victory with the selection of the staunchly pro-life Rep. Joseph Pitts of Pennsylvania as chairman of the Energy and Commerce Subcommittee on Health.
The media response to the appointment of Rep. Ron Paul (R-Texas) to the chairmanship of the House Domestic Monetary Policy Subcommittee has been swift and — somewhat surprisingly — mostly positive. Perhaps it is due to the fact that public opinion has been turning against the Federal Reserve, Paul’s longtime target that is overseen by his subcommittee.