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Feeling the Pressure From Voters, Kentucky Senator Vows to Ban Earmarks
(Photo credit: AP Images)
“I know the good that has come from the projects I have helped support throughout my state. But there is simply no doubt that the abuse of this practice has caused Americans to view it as a symbol of the waste and the out-of-control spending that every Republican in Washington is determined to fight.”
A former supporter of earmarking, Senate Minority Leader Mitch McConnell (R-Ky.) reversed course and is now willing to see the practice banned.
GOP Bigwigs Want the Fed to Scrap the Plan to Create 600 Billion More Dollars
“The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting employment.”
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