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  • The Optimist’s Guide to Repeal and Replace
    September 27, 2011 - Thank you very much for that introduction. It was kind of you to invite me – and not hold it against me that I steal so many ideas from you guys. It’s true. I steal monetary policy ideas from John Taylor, rule-of-law stuff from Richard Epstein… I even tried to steal some wit and humor from Peter Ro... More
  • The Empty Promise of Green Jobs
    September 22, 2011 - In the fall of 2008, then-candidate Barack Obama made a campaign promise to jumpstart the economy with an influx of green jobs. “We’ll invest $150 billion over the next decade and harness private efforts to build a clean-energy economy,” he said. This expenditure of taxpayer dollars, averaging $15 b... More
  • Solyndra Deal Violates 'Fundamental Laws of Economics'
    September 22, 2011 - This month, as President Obama pressed Congress to pass another misguided “stimulus” proposal, the consequences of the administration’s first $800 billion stimulus law are becoming painfully clear. High unemployment and anemic growth are serving as constant reminders of the president’s broken promi... More
  • Credibility Deficit Widens with President’s Third “Budget” in Seven Months
    September 21, 2011 - In the span of seven months, President Obama has offered three different budget plans for the federal government. He offered an actual budget in February, a budget “framework” in April, and yet another tax-and-spend plan this past week (more spending in the “American Jobs Act”; more taxes in a new p... More
  • The Broken Budget Process: Perspectives from Former CBO Directors
    September 21, 2011 - Welcome all, to this hearing. The purpose of today’s hearing is to highlight the need to reform our broken budget process. This summer, we got a first-hand look at how bad things have gotten. After a request from the President to increase the debt limit, Congress was seemingly faced with two impossi... More
  • Ryan: Still Waiting for Credible Plan from President Obama
    September 19, 2011 - WASHINGTON – In response to the President’s latest proposal to raise taxes on job creators, House Budget Committee Chairman Paul Ryan issued the following statement: “The President’s partisan speech and misguided proposals are disappointing, but not surprising. Having overseen an unprecedented surge... More
  • Restoring the Rule of Law
    September 15, 2011 - view video Thanks very much, Larry, for your kind introduction. It’s always a pleasure for me to speak to Hillsdale folks. Your mission here at the Kirby Center is a great example of what Hillsdale College is all about – that is, in the words of James Madison, “liberty and learning, each leaning on... More
  • Tax Reform Critical For Economic Growth and Job Creation
    September 14, 2011 - This morning, House Budget Committee Chairman and Wisconsin’s First District Representative Paul Ryan released a new video – 3 Steps to Pro-Growth Tax Reform - outlining a bipartisan path forward to simplify the federal tax code and make our nation’s economy more competitive and more conducive to jo... More
  • The Need for Pro-Growth Tax Reform
    September 14, 2011 - Welcome all, to this important hearing. The purpose of today’s hearing is to highlight the need for pro-growth tax reform. Our economy is currently suffering from the reluctance of job creators to invest, expand, and hire workers in the United States. For several years, Washington has followed a now... More
  • Obama Administration Confirms Broken Promises
    September 1, 2011 - Earlier today, the Office of Management and Budget (OMB) released an update of its budget estimates, the Mid-Session Review, and the data confirms the failure of the Obama Administration’s economic and fiscal policies. According to OMB’s report, the federal budget deficit is estimated to exceed $1.3... More