Posts belonging to Category Congress
Posted by Michael F. Cannon on July 22, 2010
By Michael F. Cannon
That didn’t take long at all. Left-wing congresscritters have (re-)introduced legislation to create a “public option” in ObamaCare’s health insurance exchanges.
The Congressional Budget Office scores the bill as reducing federal deficits by $53 billion by 2019. How? Paying doctors and hospitals less! Put that on a bumper sticker! The public option would use Medicare’s price [...]
Categories: Congress, Politics |
Tags: cost containment, Government and Politics, government health care, Health, health bill, health insurance, Health, Welfare & Entitlements, Medicare, Obamacare, prescription drugs, public option, spending | 
No Comments »
Posted by Mark A. Calabria on July 14, 2010
By Mark A. Calabria
With Majority Leader Harry Reid’s announcement that Democrats have the 60 votes needed for final passage of the Dodd-Frank financial bill, we can take a moment and remember this as the moment Congress planted the seeds of the next financial crisis.
In choosing to ignore the actual causes of the financial crisis [...]
Categories: Congress, Politics |
Tags: Democrats, Finance, Banking & Monetary Policy, financial crisis, financial risk, harry reid, market discipline, monetary policy, unemployment | No Comments »
Posted by Mark A. Calabria on June 22, 2010
By Mark A. Calabria
A new AP-Gfk poll reveals that about two-thirds of the American public lack confidence that the financial regulation bill, currently being crafted by House and Senate conferees, will actually help avert future financial crises.
The public is right to be skeptical, as there is nothing in either the House or Senate bill that ends bailouts or [...]
Categories: Congress, Politics |
Tags: crisis, Finance, Banking & Monetary Policy, financial crises, financial reform, financial regulation, Government, reform | No Comments »
Posted by John Samples on June 14, 2010
By John Samples
Democratic House leaders apparently have reached a compromise that may bring the DISCLOSE Act to a vote. The National Rifle Association, a group that enjoys some support from House Democrats, objected to the bill’s disclosure provisions. DISCLOSE’s authors have now agreed to exempt “organizations that have more than 1 million members, have been in existence [...]
Categories: Congress, Politics |
Tags: campaign finance regulation, corporations, Elections, Government and Politics, Law and Civil Liberties, National Rifle Association, NRA | No Comments »
Posted by Mark A. Calabria on June 10, 2010
By Mark A. Calabria
Today begins the televised political theatre that Barney Frank has been waiting months for: the first public meeting of the House and Senate conferees on the two financial regulation bills. While there are a handful of important differences between the House and Senate bills, these differences are overshadowed by what the bills have in common. The [...]
Categories: Congress, Politics |
Tags: Bailout, barney frank, consumer protection, fannie mae and freddie mac, Finance, Banking & Monetary Policy, financial crisis, financial regulation, Government, Housing, housing bubble, monetary policy, regulation, spending, taxpayer | No Comments »
Posted by Mark A. Calabria on May 28, 2010
By Mark A. Calabria
A new Rasmussen poll has 80% of the American public supporting an audit of the Federal Reserve. Only 9% of the public oppose, with the rest unsure.
Unfortunately the poll did not ask specific questions over whether such an audit should cover monetary policy or just the Fed’s 2008 bailout activities. So while the poll is likely [...]
Categories: Congress, Politics |
Tags: Bailout, Fed, Federal Reserve, Finance, Banking & Monetary Policy, monetary policy, ron paul | No Comments »
Posted by Walter Olson on May 27, 2010
By Walter Olson
The Atlantic has posted (h/t Future of Capitalism) an article by Virginia artisanal meat provider Joe Cloud sounding the alarm about how as regulation intensifies, only producers with the scale and sophistication to deal with it will be left standing:
Although species go extinct on Earth on a regular basis, every so often there is a [...]
Categories: Congress, Politics |
Tags: capitalism, General, Health, manufacturers, market, regulation, Regulatory Studies, small business | No Comments »
Posted by Michael F. Cannon on May 25, 2010
By Michael F. Cannon
From a recent news item in The Economist:
[M]illions of Americans…think that Barack Obama’s health-insurance laws must be overturned…[P]olls suggest that many Americans still dislike them…
At the federal level Republican leaders in Congress have jumped on every bit of negative news—for example, a recent report from the Congressional Budget Office suggesting that the reforms will cost [...]
Categories: Congress, Politics |
Tags: constitutional, General, Health, Welfare & Entitlements, Obamacare, repeal, unconstitutional | No Comments »
