Lovers of liberty, it's not time to be resigned or downtrodden. It's time to stand up and be heard. This week the U.S. House of Representatives is scheduled to vote on the massive energy tax sometimes known as the Waxman-Markey bill or "Cap and Trade". FreedomWorks not only tells you why this bill is bad but provides easy links for you to take action and contact your representative. I already contacted Rep. Ed Perlmutter's office. (Of course, we also have the problem of an already very long piece of legislation that has suddenly added several hundred pages. Unlike the stimulus bill, will our Congressman be able to read it all in time? Consider me skeptical.) As it turns out, the timing of the House vote is proving to be quite … [Read more...]
The “Stimulus” Bill is Even Worse? Now is the Time to Speak Up Loud & Clear
Even the Congressional Budget Office recognizes that any small positive effect of the stimulus bill would be erased by long-term economic stagnation and debt. And that was the previous version of the legislation. As Joshua points out from the Wall Street Journal, the "compromise" version the House votes on today is even worse:The latest version of the economic-stimulus package is expected to provide less near-term support for the economy and make it less likely that the economy will pull itself out of recession before late this year. Meanwhile, Karen Hanretty (via Jon Henke) explains why Barack Obama and the Democrats are trying to speed this disaster through:President Obama is in a race against time. Because you don’t build … [Read more...]
Outrage: Senate Stimulus Costlier
While many now are justifiably irate about Senators Arlen Specter and Susan Collins for their politically and economically destructive behavior, and President Obama sets up strawmen to make the case for Democrats' massive spending spree, it's important to remember that the so-called compromise Senate version of the so-called "stimulus" bill is actually more costly than the version that united Republican opposition in the House. Outrageous ... No Stimulus. … [Read more...]