Tag: Omnibus

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Teddy Kupfer of National Review and Greg Corombos of Radio America cheer President Trump’s selection of John Bolton as National Security Adviser and look forward to his tough stance on North Korean nukes and the Iran nuclear deal while liberals fear that Bolton will start bombing everyone. They also unload on the bloated $1.3 trillion […]

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Jim Geraghty of National Review and Greg Corombos of Radio America briefly grouse about D.C.area drivers in inclement weather before sipping their martinis. Then, they welcome the end of the Austin mail bombing horrors as the suspect apparently blows himself up as police close in on him. They also fume as the GOP-led Congress pursues […]

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Contributor Post Created with Sketch. Congress Should Have Let the Sun Go Down on Solar Subsidies

 

shutterstock_79128529And in one fell swoop through the 2,000-page omnibus spending bill, Congress again saddled American taxpayers with billions in handouts to the perpetually foolish and failing solar industry. In what is sure to foster the very same practices that led to the infamous Solyndra debacle, renewable energy handouts through the Solar Investment Tax Credit (ITC) are now guaranteed until at least 2022. In other words, don’t expect ITC or its cohorts to vanish any time soon.

While solar stocks soared after the news broke of Congress’s ill-advised extension of the ITC, taxpayers should remain skeptical of the industry’s so-called success. Despite gargantuan subsidies over the past five decades, the solar industry has yet to make a convincing case for itself. In fact, there is little evidence of success. The fact is that a coddled solar industry simply can’t make it on its own.

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I don’t know about you, but I’m still steaming about the Omnibus. Today I read “The Omnibus Dilemma” by Liam Donovan which blames the debacle on factors other than dark conspiracies among “the Establishment”. He mentions the failure of the spending hawks in the House to engage the negotiation process, but he puts the main […]

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Contributor Post Created with Sketch. New Budget Deal Puts National Debt Back on the Rise

 

Washington in action! From the New York Times:

The House on Friday morning overwhelmingly approved a $1.15 trillion spending measure, as part of a sweeping, year-end fiscal deal that also includes a package of tax breaks worth more than $620 billion for businesses and low-income workers. The Senate was also set to approve the legislation, bundled into a single bill, in a fast-track series of votes later Friday morning. …

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So, how many congressmen does it take to spend all the money? The answer seems to be: approximately 4. More

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And I’m not even being sarcastic. From the Hill: More

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Promoted from the Ricochet Member Feed by Editors Created with Sketch. Mike Lee Knows the Score

 

393px-Mike_Lee_113th_CongressAlthough he’s not my senator, I follow Mike Lee on Facebook. He posted this comment regarding the Omnibus bill. It’s dead-on. We know the system is broken. It’s going to take the people to fix it.

Here we are again: another year of legislative dysfunction capped by an undemocratic, un-republican process that uses the threat of another manufactured crisis to impose on an unwilling country the same broken government policies that have repeatedly failed the people they are supposed to serve. The bill moving through Congress today and tomorrow – made up of the omnibus spending bill and tax extenders package – and the process that produced it are an affront to the Constitution and an insult to the American people. I’m not even talking about the substance of the bill, which is bad enough. I’m talking about the way it was produced. A small handful of leaders from the two parties got together behind closed doors to decide what the nation’s taxing and spending policies would be for the next year. And then, after several weeks, the negotiators emerged – grand bargain in hand – confident that the people they deliberately excluded from the policymaking process would now support all 2,242 pages of the legislative leviathan that they cooked up. This is not how a self-governing – or self-respecting – institution operates, and everyone here knows it.

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There once was a speaker named Ryan,<br>an expert at Ruling Class lyin’.<br>Let there be no doubt,<br>he sold us all out.<br>He’s Boehner just without the cryin’.<br> More

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