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Keep Raising the Debt Ceiling and the Whole House Will Collapse
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Issue Analysis

Keep Raising the Debt Ceiling and the Whole House Will Collapse

I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.—Thomas Jefferson Last week on January 26th Congress voted against a measure to deprive the president of the authority to raise the debt ceiling. In a 44 – 52 vote, the president was granted permission to add another $1.2 trillion to the national debt, deferring for some time any difficult albeit necessary fiscal decisions. For the first time in over half a century, the national debt is roughly equal to the gross domestic product of the United States. This situation is analogous to an individual whose debts are equal to the total value of his income and savings. Mainstream economists will note, however, that this is not as dire of a situation as it first appears to be. After World War II, the national debt was 122 percent of GDP, about 22 percent higher than that of today. This is true, although there are several other factors that are worth consideration in comparing and contrasting the fiscal solvency of the United States in 1946 with that of today.

01/30/2012
Social Security – Fairness for Young Americans
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Blog

Social Security – Fairness for Young Americans

Democracy and Power 108:  Obfuscation Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. – Hans F. Sennholz

01/28/2012
Can We Stop Calling The So-Called “Bush Tax Cuts” Temporary?
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Blog

Can We Stop Calling The So-Called “Bush Tax Cuts” Temporary?

"Collecting more taxes than is absolutely necessary is legalized robbery." —President Calvin CoolidgeAt FreedomWorks, we have a saying that goes, “Lower Taxes + Less Government = More Freedom”. It’s a fairly simple, yet effective formula with an end in mind that virtually all Americans would agree is desirable. So why is it so difficult to accomplish in the modern political world? The answer boils down in part to the difference between how the federal government treats tax cuts and spending hikes.

01/27/2012
FATCA Will Have Devastating Impact on American Expatriates
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Blog

FATCA Will Have Devastating Impact on American Expatriates

Most of us are aware how U.S. government regulations hurt people living in the United States. But too little attention is paid to how federal regulations can be damaging towards U.S. citizens living outside the country. American expatriates cannot even escape the regulatory nightmare that’s coming out of Washington, D.C.

01/24/2012
Hill Update for 1/23/2012
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Blog

Hill Update for 1/23/2012

Hill Update, 23 January 2012

01/24/2012
One Thousand Days without a Budget
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Blog

One Thousand Days without a Budget

President Obama’s State of the Union address this evening will mark the passage of the 1000th day since the Democrat-controlled Senate passed a budget. In his address this evening, the President will likely propose even more federal spending despite the enormous deficit and the unprecedented $15 trillion dollar national debt. Without a budget from our elected representatives to provide restraint to Washington bureaucrats, this increased spending will continue unchecked.

01/24/2012
Undeniable Failure: The Progressive Movement
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Blog

Undeniable Failure: The Progressive Movement

The spread of progressive ideology has plagued this great nation from the time Theodore Roosevelt had introduced progressivism in its rawest form to the United States. Progressive derives from the root word; progress, meaning to drive forward and ever-changing. To apply the word in political context it means to, fundamentally change the norm and past policies. As a general rule a Roosevelt progressive and a current progressive are unchanged. They strive to achieve the same goal and that is to transform and revolutionize the constitution, creating a living breathing entity.

01/24/2012
The Tax That Nobody is Talking About (Except Ron Paul)
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Issue Analysis

The Tax That Nobody is Talking About (Except Ron Paul)

If there is one topic that has animated the Republican presidential debates this election cycle, it is the economy. Americans are dissatisfied with the economic policies of the current administration which have failed to alleviate unemployment and stimulate palpable economic growth. Consequently, Republican candidates are proposing alternative solutions to the economic woes the country currently faces. One specific aspect of these solutions concerns tax policy.

01/24/2012
FreedomWorks Joins Coalition of Grassroots Groups to Protest a Republican State Committee Endorsement in the PA Senate Race
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Press Release

FreedomWorks Joins Coalition of Grassroots Groups to Protest a Republican State Committee Endorsement in the PA Senate Race

WHAT: FreedomWorks will join a coalition of grassroots groups throughout Pennsylvania to protest any move by the Republican State Committee to endorse a candidate to challenge Senator Bob Casey, Jr. in November. The coalition will hold a press conference calling on other grassroots organizations to stand in solidarity and demand the state GOP stop making endorsements in Republican primaries.   WHEN: The press conference will begin on January 28th at 10:30AM ET.

01/24/2012
SOPA: Citizens Saved Internet Freedom – Watch Out for Dodd and Hollywood Money
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Blog

SOPA: Citizens Saved Internet Freedom – Watch Out for Dodd and Hollywood Money

Democracy and Power 114:  The Power Players 

01/24/2012

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