Alas, almost half of the U.S. Senate has earned an F grade in “fiscal performance” according to the National Taxpayers Union’s 35th annual rating of Congress. Indeed, 45 senators received the rock bottom grade on the scorecard, which analyzes their responses to every single roll call vote affecting federal taxes, spending, debt and significant regulations.
Business & Economy
Wearing traditional Mexican garb for Taco Tuesday earned a near death penalty for a sorority at California State University, Fullerton. It was “grotesquely inappropriate,” the dean of students decreed. Nothing said at the event offended the school’s draconian speech code, so the policy was expanded to cover clothing.
Former Rep. Ron Paul’s push to audit the Federal Reserve got another boost Wednesday when the House passed the bill for the second time in three years, and by a bigger margin than before.
Americans strongly support international trade but are much more skeptical than residents of most other countries about its economic benefits, according to a major new survey released this week.
The Federal Reserve moved another step toward more normal policies on interest rates Wednesday, noting a gradual improvement in the outlook for the economy and cutting back again on its bond-buying program to stimulate the economy.