The Associated Press is reporting that President Obama plans to seek another $50 billion in spending as part of an upcoming second stimulus package.

Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation’s roads, railways and runways that would cost [...]

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The Congressional Budget Office has crunched the numbers and Mark Tapscott of the Washington Examiner is out of the gate with the remarkable results:  The 2 year failed stimulus bill costs more than the entire Iraq War.
Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats [...]

Nothing like a Hollywood fundraiser to get the truth juices flowing.  And the Hill was on top of it when President Obama acknowledged that he succeeded in passing much of his “progressive” agenda.
President Obama told a Hollywood fundraiser Monday night that he and congressional Democrats have passed the most progressive legislation in decades.
“We [...]

There are plenty of losers as a result of enactment of Obamacare.  In today’s Examiner Sally Pipes outlines just how bad seniors will be hurt by the new law.
According to the Congressional Budget Office, Obamacare will cost at least $938 billion over the next decade. So here’s the big question: Who is going [...]

Today’s Washington Times highlights the bleak news from the actuary’s annual  report on the state of the Social Security program which was released yesterday.
Social Security will pay out more this year than it gets in payroll taxes, marking the first time since the program will be in the red since it was overhauled [...]

In a speech in Washington yesterday the Wall Street Journal reported that  Turbo Tax Geithner spoke about the need to insure that the taxes for wealthy individuals go up — its his view that tax hikes on the rich are good for the American economy.
Treasury Secretary Timothy Geithner made the Obama administration’s economic case for [...]

Yesterday Missouri voters spoke loudly on the individual mandate.  According to the AP, they don’t like the idea much.

Missouri voters on Tuesday overwhelmingly rejected a key provision of President Barack Obama’s health care law, sending a clear message of discontent to Washington and Democrats less than 100 days before the midterm elections.
About 71 [...]

According to the Associated Press, the recession we’ve experienced was more severe than we realized.  And ominously, it may not be over.
The Commerce Department, in revisions issued Friday, estimates the economy shrank 2.6 percent last year — the steepest drop since 1946. That’s worse than the 2.4 percent decline originally estimated.
The economy’s plunge underscores why [...]