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A Tough Row to Hoe
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Press Release

A Tough Row to Hoe

This Week. Both the House and Senate resume legislative business this week after a month-long August recess. The Senate, which reconvened on Tuesday, will focus on legislation to create a Department of Homeland Security, S. 2452 and the 2003 Interior appropriations bill. The House, which does not begin work until today (9/4) has eight bills to be considered under suspension of the rules, a dam safety measure (HR 4727), a measure to make permanent various education tax breaks included in last year's big tax-cut package and motions to go conference on two spending bills. On Friday, both Houses will be conducting a special meeting in Federal Hall in New York, New York in remembrance of the victims and the heroes of September 11, 2001. A Tough Row to Hoe This will be a tough couple of weeks for legislators. Looming over them is the November 5th election currently only 8 short weeks away. Despite their best efforts to the contrary, any decision or legislation they undertake will be rife with the underlying politics. It is impossible to separate the two – with an almost evenly divided Senate and a single digit majority in the House – there is too much at stake.

09/04/2002
Monkeys With Darts
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Press Release

Monkeys With Darts

When George W. Bush was sworn in as the 43rd President of the United States the Congressional Budget Office (CBO) estimated that the federal budget for fiscal year 2002 would be in surplus by an eye-popping $405 billion. Last week, the CBO issued its latest estimate for 2002: a $157 billion deficit. In just over 19 months in office, President Bush has overseen a $552 billion swing in the 2002 budget and an estimated $7 trillion deterioration of the federal government’s 10-year fiscal outlook.

09/04/2002
Numbers to Make Your Head Spin
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Press Release

Numbers to Make Your Head Spin

In “The Road Not Taken” poet Robert Frost ponders at a fork in the road and whether or not to choose ’the one less traveled.’ It has always been assumed that this ‘less traveled’ road was the choice for innovators and leaders - for who else would have the temerity to take the road less traveled with all of its pitfalls and potential dangers? Congress now finds itself at a fork in the road. Will they take the more traveled road of more spending and bigger government? Or will they take the less traveled road of fiscal discipline?

08/28/2002
Time to Get Serious About the Economy
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Press Release

Time to Get Serious About the Economy

© 2002 Copley News Service, 8/21/2002 The White House put on a much ballyhooed Economic Forum in Waco, Texas, last week, involving 250 hand-picked "experts" and "average Americans" with the stated purpose of discussing "where our economy stands, the impact of policies we put in place and the steps we are taking." How disappointing that not a single supply-side economist was there -- not Art Laffer, David Malpass, Richard Rahn, Larry Kudlow, Bruce Bartlett, Gary Robbins, Steve Entin, David Gitlitz, Dr. Robert Mundell or Dr. Judy Shelton.

08/21/2002
The President Leads
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Press Release

The President Leads

President George W. Bush took another important step last week in defining who he is and what he will fight for. It was the kind of bold move that will be talked about for years after he has left the presidency. He placed principle ahead of politics – which is pretty close to a man bites dog story these days.

08/20/2002
A Conversation with a Conservative
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Press Release

A Conversation with a Conservative

I have had two very different running conversations this year. The first is with inside-the-beltway Republican politicians. They tell me things are going fine and they’re doing the best they can. The other conversation has been with conservative activists all across America. They tell me how bad things look. They say it appears the politicians don’t care about freedom anymore.

08/14/2002
No Economic Security Without Economic Growth
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Press Release

No Economic Security Without Economic Growth

© 2002 Copley News Service, 7/30/2002 Dear Mr. President:

07/30/2002
While Markets Sputter, Government Grows
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Press Release

While Markets Sputter, Government Grows

The twentieth century represented an important epoch in one of the world’s greatest struggles—the fight between freedom and totalitarianism. The collapse of centrally planned economies and the dissolution of the largest totalitarian state signaled a clear victory for the alternative of freedom. Yet, when taking stock of the world, it’s clear that totalitarianism is alive and well. Brutal regimes continue to debilitate nations and squander resources in ways that destroy the creative spark that generates wealth and prosperity. Here in the United States, government continues to levy ever-larger taxes, regulate more aspects of our lives and interactions with others, and lay claim to greater amounts of property. Has economic liberalism won the battle but lost the war?

07/30/2002
'Infectious Greed' and Other Miasmatic Diseases
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Press Release

'Infectious Greed' and Other Miasmatic Diseases

© 2002 Copley News Service, 7/23/2002 American equity markets have lost $7 trillion in value, approximately 40 percent, since they peaked in late March 2000. The Washington establishment has decided to blame it on a "speculative bubble" caused by foolish investors and to a "loss of confidence" caused by greedy corporate "wrongdoers" who were out to systematically plunder their companies.

07/23/2002
People in Glass Houses
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Press Release

People in Glass Houses

For the first 18 years of his congressional career Dick Gephardt (D-MO) served in the majority. According to Gephardt’s own official web site, “as a House freshman, he was given the rare opportunity of serving on both the Ways and Means and Budget Committees, where he quickly became a national leader on health care, trade, and tax fairness.” Apparently, Gephardt considers himself something of a leader on national economic policy.

07/16/2002

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