3 results for search: Newman


Tea Party Patriots Weekly Legislative Update for 05/03/15

Listen to the podcast here: CALENDAR: The House will take a one-week recess, and return to work in Washington on Tuesday, May 12. The Senate will return tomorrow, with no votes scheduled before 5:30 PM. We anticipate they’ll be in all week.   LAST WEEK ON THE HOUSE FLOOR: So, the House started spending money last week. Even before the Budget Conference officially had come to agreement on spending levels for FY2016 and the rest of the decade, the House GOP Leadership had decided to move two appropriations bills to the floor – H.R. 2028, the Energy and Water Development and Related Agencies Appropriations Act, and H.R. ...

Taxpayers to lose tens of billions on GM “investment”

Since the Bush/Obama bailouts of General Motors in 2008 and 2009, respectively, the government has been badgered by fiscal conservatives and business-minded people to divest of its shares in General Motors. Unfortunately, as Rick Newman writes at US News, losses to the taxpayers could near $40 billion even as divestment begins taking place. Back in June, a paper by Heritage Foundation Senior Labor Policy Fellow James Sherk found losses to the taxpayer were entirely due to special treatment given to the United Auto Workers (UAW). According to Sherk in an e-mailed statement on Dec. 20, “Virtually none of these losses were necessary to keep GM ...

Tax Reform

Our country’s tax code is unfair, punitive and out of control. [1]  The complicated web of loopholes and deductions hinders opportunity for Americans to save for college, retirement or other important quality of life concerns.  Simply put, we want hard working Americans to keep more of the money they earn. When given the choice between paying higher taxes and receiving fewer government services, a vast number of Americans chose receiving fewer government services.  This makes sense when we see that Americans – by a roughly 70 to 20 margin - believe the way to solve our fiscal challenges and grow the economy is by cutting spending rather than ...