House Republican leaders are currently reconsidering an earlier GOP proposal to privatize the Medicare program. House Budget Chairman Paul Ryan is currently testing support for his idea to replace the program with a fixed payment to buy a private medical plan. Once tested, the Republicans will then decide whether they should include the plan in the budget they submit next spring.

In a development that ought to surprise no one, the Obama administration is planning to release its plan for new gun-control legislation within the next two weeks. The fact that Obama made no mention of such legislation during this week’s State of the Union address is hardly an indication that such a move is not on the administration’s agenda; it simply means that while the Democrat leadership is loath to let a crisis “go to waste,” that does not mean that they intend to broadcast their intentions, either.

The Federal Reserve cherishes its privacy and has fought tooth and nail to keep it. Nevertheless, its ability to shower greenbacks on favored corporations and foreign banks may soon be drawing to a close thank s to the 2010 elections.

Sen. David Vitter, R-La., and Sen. Rand Paul, R-Ken., are co-authoring a resolution to deny citizenship to anyone born in the United States "unless at least one parent is a legal citizen, legal immigrant, active member of the Armed Forces or a naturalized legal citizen." According to a statement jointly released by the pair of lawmakers.

Experts are now predicting that the future of Social Security is even more bleak than originally stated. Congressional budget experts now assert that if Social Security continues to run at a deficit, all of its trust funds will be drained by the year 2037. Of course, the CBO’s estimates rests upon the false notion that there is actually real money in the trust funds.