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congressional budget office

Stimulus impact on distressed areas is questioned

 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 […] Continue reading →

NO To Government Healthcare – Freedom Rallies

 South Florida Tea Party joins fight against health care reform The South Florida Tea Party chapter is joining a statewide effort July 2 to prevent Florida legislators from backing a federal bill that would dramatically raise beverage taxes to support a government takeover of the nation’s health care system. Tea Party chapters across the state […] Continue reading →

Massive Debt Threatens America’s Future

 According to John Taylor at the Financial Times: Under President Barack Obama’s budget plan, the federal debt is exploding. To be precise, it is rising – and will continue to rise – much faster than gross domestic product, a measure of America’s ability to service it. The federal debt was equivalent to 41 per cent […] Continue reading →