Category: Budget

The “T” in TARP doesn’t stand for truth

In his 2014 end of the year press conference, Obama made the following claim: “Effectively today, our rescue of the auto industry is officially over. We’ve now repaid taxpayers every dime and more of what my administration committed.”  (emphasis mine)…

Note to GOP: Raising taxes a bad idea

What are the Republicans thinking? Coming right out of the gate, at the start of the new GOP-controlled Congress, they began talking about the crazy idea of increasing the gasoline tax. It has little chance of passing, yet can easily…

One more reason to abolish the IRS

In his final act as Chairman of the House Oversight and Government Reform Committee—he’s stepping down because of term limits—Rep. Darrell Issa (R-CA) released a report on Tuesday saying that IRS officials were swayed by Democrats calling for stronger regulations on nonprofit groups…