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Obama budget gets 2 votes in House!

 
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Obama budget gets 2 votes in House!

The House defeated President Obama’s budget 2-413 yesterday. On the bright side for the president, this is two more votes than his budget received in either the House or the Senate in 2012. From The Washington Times: Mr. Obama’s 2015 plan, which he submitted to Congress in March, only a month late, was met with […]


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Moran doubles down, proposes housing stipend for Members of Congress

Less than one week after complaining that Members of Congress are underpaid, Congressman Jim Moran (D-Va) today proposed granting Members of Congress a housing stipend to help defray the cost of living in DC. From Moran’s website: With Congress in session 112 days in 2014, the housing stipend would be $2,800, equivalent to this year’s […]


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Well, duh: Inflation May Hit the Poor Hardest

Ron Paul and Campaign for Liberty have always talked about how the Federal Reserve’s inflationist policies always hurt the poor the most. Over at FiveThirtyEight  they have a good analysis as to why this is the case: Over the past two years, prices have risen more quickly for many of the things that low-income households spend […]


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Proponent of Federal Reserve Secrecy complains about inflation on House floor

Earlier today, Representative Chris Van Hollen (D-Md), who voted against Audit the Fed in 2012, took to the floor of the House to argue against a bill that would prohibit the CBO from assuming annual spending increases due to inflation. He even had an expensive-looking chart to go with his argument.         […]


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Taking from the poor to give to the rich

Bonnie Kristian has an excellent article over at Rare about how government programs, such as Medicare, Obamacare, and Social Security, transfer wealth from the relatively young and poor to the relatively old and rich. Between 1984 and 2009, median net worth of Americans 35 and younger shrunk by 68%, while Americans 65 and older saw […]


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