- Gentlemen, start your drones: Judge’s ruling opens door for commercial use
- Soldier who hid, bragged about not saluting flag to be punished — in secret
- ‘Maverick’ of the seas: ‘Top Gun’ school for U.S. ship officers to launch
- Putin declares Sochi Paralympics open amid Ukrainian protest
- ‘In Jesus name, we pray’ sparks ire at Ohio council meeting
- Navy’s first laser weapon ready for prime time; drone killer to deploy this summer
- Billionaire backer: Rick Santorum ‘needs to be heard’ in 2016
- Obamacare fallout: 49 percent pessimistic; 45 percent ‘scared’
- DHS accused of holding U.S. citizen at airport, using emails to pry into her sex life
- Seattle socialist: Minimum-wage discussion skewed by ‘right-wing’ GAO analysis
Republican Study Committee
Latest Republican Study Committee Items
The president drove to Washington's Key Bridge Wednesday to plead once more for higher taxes to pay for infrastructure stimulus. Infrastructure here, of course, means trains and transit, not roads and bridges. The Republican Study Committee (RSC) countered with an alternative jobs bill that focuses on fostering a healthy economic climate for the private sector.
Republicans scored historic gains in last year's elections in part on their pledge to scrap the new health care law — but their passion for repeal has dimmed in the face of a split Congress and the difficulties of untangling the complex legislation.
Congressional conservatives are unhappy with proposed debt-ceiling plans that do little to stem the flow of federal red ink. On Tuesday, they proposed their own solution for reassuring the markets and public that essential services will be covered in the event the government's borrowing authority is not increased by Aug. 2. So far, President Obama has seen no reason to make any real attempts at cutting spending.
Defying a veto threat, the Republican-controlled House voted Tuesday night to slice federal spending by $6 trillion and require a constitutional balanced-budget amendment to be sent to the states in exchange for averting a threatened Aug. 2 government default.
If the government ends up defaulting on its debt obligations, President Obama will have no one to blame but himself. On Tuesday, the House of Representatives will hold the first vote on legislation that would raise the debt ceiling by $2.4 trillion and avoid all of the dire consequences that would follow if the Treasury decided to skip paying its bills.
Republican presidential candidate Michele Bachmann is pushing to make Obamacare's repeal a condition for raising the debt ceiling. The Minnesota congressman hasn't signed the grass-roots "cut, cap, balance" pledge because she wants a tougher bargain that leverages President Obama's need for increased federal government borrowing authority to pull the plug on the unpopular health care law.
As President Obama's erstwhile chief of staff Rahm Emanuel once observed, "You never want a serious crisis to go to waste." The sentiment captured a White House that saw troubling times as a lever to move big-spending, big-government policies on a scale never before seen. Now it's increasingly important for Republicans to think just as big, not wasting the opportunity to undo permanently the fiscal damage caused by this profligacy.
House and Senate conservatives rallied Wednesday around a pledge to vote against any debt-ceiling increase that fails to include enforceable reductions in the size of the federal government. The "Cut, Cap, Balance" pledge to put Uncle Sam on a diet includes cuts in outlays, caps on future spending authority and passage of a balanced-budget amendment that would limit taxing and spending.
Moody's Investors Service added urgency to the congressional debate over the debt limit by threatening to downgrade the nation's credit rating unless a deal is struck in the coming weeks making a "substantive change in the debt trajectory." That was Thursday. On Monday, more than 100 of the most conservative Republicans in the House insisted such an agreement would have to be big.