This week, while most Americans were enjoying leftover turkey and mashed potatoes, Members of the House of Representatives quietly voted to add $45 billion to the already staggering $18 trillion national debt. With little debate, and by an overwhelming margin, Democrat and Republican lawmakers voted to approve the so-called “tax extenders” package, a conglomeration of taxpayer handouts to everyone from the politically-connected wind industry and well-heeled Hollywood film studios to Puerto Rican and Virgin Islands rum manufacturers. In other words, exactly the kind of “bipartisanship” that taxpayers don’t need and can’t afford.
Today Americans for Prosperity is proud to lead a large coalition of organizations in supporting the The Reliable, Affordable and Safe Power (RASP) Act, a resolution that will help states push back against the EPA’s harmful proposed rules on power plants. Text of the resolution is online here and the coalition letter is posted below.
The national debt has hit $18 trillion debt, an ugly milestone and a real-life testament to the failed agenda of big government. It is time for a new direction.
It’s not only America’s collective waistline that expanded over the Thanksgiving holiday; it’s also the glut of new Obama administration regulations. Partaking in a tradition as valued in Washington as turkey is by the rest of America, the holiday news dump was packed full of burdensome and costly regulations just in time for the holiday season.
While the American economy continues to sputter along, Ireland is expected is to see GDP growth of nearly 5 percent by the end of 2014. Not surprisingly, American companies are eager to take advantage of this economic boom – which is why they are seeking to acquire (and be acquired) at record rates. The latest of these mergers had Ireland-based Actavis purchasing Botox maker Allergan.