Posted on Sunday, November 21, 2010 by Samuel
It looks like the Democrats will introduce the mother of all budget bills by lumping together all the appropriations bills they had failed to pass for fiscal year 2011, which began on October 1. The omnibus package costs $1.1 trillion. Democrats had ducked funding the government all year, fearing the backlash from spending-conscious voters. The government is currently running on a stopgap expenditure that expires Dec. 2. Senate Minority Leader Mitch McConnell (R-KY) has announced his opposition.
Senate Majority Leader Harry Reid (D-NV) will once again try to slip energy legislation through the Senate under a new name: the Promoting Natural Gas and Electric Vehicles Act of 2010. The bill is nothing but pork, including $4.5 billion in tax incentives for purchasing automobiles powered by natural gas or electricity and subsidies for the production of such vehicles. Another $1.5 billion is thrown in for further research and development in this area. How will the government pay for it? It will all be “paid for” by tripling the Oil Spill Liability Trust Fund tax. The tax will mean even less oil exploration in U.S. territory and higher gas prices for consumers. Numerous economic and scientific studies have revealed that there is not, nor will there be, any real demand for these vehicles over the next decade. If there were demand, there would be no need for federal subsidies. Reid continues to through good money after bad in order to please his favorite lobbyists.
Filed under: Economy, Global Warming, Government, Health Care, News, Politics | Tagged: Democratic Party (United States), Democrats, Harry Reid, Kentucky, Mitch McConnell, Party leaders of the United States Senate, Republican, White House | Comments Off
Posted on Sunday, October 10, 2010 by Samuel
Bank of America has called a halt to foreclosures in all 50 states, while anger grows at how lenders have prepared documents to support evictions. Senate Majority Leader Harry Reid (Nevada) has sent a letter to all major banks asking them to suspend foreclosures in Nevada, extending his concern to include all 50 states. The long-term impact this will have on those in default and not paying, as well as those who continue to faithfully pay their mortgages, is uncertain. The impact on the nation’s overall financial system is also a matter of concern. (Source: Washington Post, Reuters)
Filed under: Constitution, Economy, Government, News, Politics | Tagged: Bank of America, Foreclosure, Harry Reid, Nevada, Party leaders of the United States Senate, Reuters, United States, Washington Post | 1 Comment »
Posted on Sunday, September 19, 2010 by Samuel
The economy is in shambles because of elitist politicians and now the Democrats want to pass the DREAM Act on Tuesday to grant citizenship and scholarships to illegal aliens. This comes as we receive news from the US Census Bureau that 43.6 million Americans lived in poverty last year. This is the highest number since 1959. For the economy, this means that the DREAM Act will be another costly nightmare for tax-payers. Michelle Malkin writes:
The so-called DREAM Act would create an official path to Democratic voter registration for an estimated two million college-age illegal aliens. . . .
Senate Majority Leader Harry Reid announced this week that he’s attaching the DREAM Act to the defense authorization bill. . . .
Open-borders lawmakers have tried and failed to pass the DREAM Act through regular channels for the past decade. That’s because informed voters know giving green cards to illegal alien students undermines the rule of law, creates more illegal immigration incentives and grants preferential treatment to illegal alien students over law-abiding native and naturalized American students struggling to get an education in tough economic times. . . .
The DREAM Act sponsors have long fought to sabotage a clearly worded provision in the 1996 Illegal Immigration Reform and Immigrant Responsibility Act (IIRIRA) that states: “Notwithstanding any other provision of law, an alien who is not lawfully present in the United States shall not be eligible on the basis of residence within a State (or a political subdivision) for any postsecondary education benefit unless a citizen or national of the United States is eligible for such a benefit (in no less an amount, duration, and scope) without regard to whether the citizen or national is such a resident.”
Continue reading. . . .
Filed under: Constitution, Culture, Economy, Education, Government, National Defense, News, Terrorism | Tagged: Anti-Immigration, DREAM Act, Harry Reid, Higher education, Illegal immigration, Immigration, Party leaders of the United States Senate, United States | 2 Comments »