Last week, the Appropriations Committee of the House of Representatives approved a proposal to cut farm subsidies as a part of a larger deficit reduction program. If the bill were enacted, it would reduce the billions of dollars that are doled out to farmers by the federal government.

The Republican leadership in the House of Representatives managed to pull President Barack Obama’s chestnuts out of the fire with regard to Libya, at least for the time being. On Wednesday the leadership postponed a vote on a resolution put forth by Rep. Dennis Kucinich (D-Ohio, left) that would have demanded that the President withdraw all U.S. forces from the conflict in Libya within 15 days. They did so for fear the resolution would pass — something Kucinich also believed was likely.

Ron PaulRon Paul has some good news and some bad news. According to the Texas Congressman and 2012 Republican presidential contender, the good news is that people are beginning to take his proposals — less federal spending, more oversight of the Federal Reserve, and nonintervention in foreign countries — seriously. The bad news is that the political class may come around too late to prevent the destruction of the dollar and the havoc that will wreak on our government and our economy.

For the third consecutive year President Obama has signed a proclamation recognizing June as Lesbian, Gay, Bisexual, and Transgender Pride Month. “The story of America’s Lesbian, Gay, Bisexual, and Transgender (LGBT) community is the story of our fathers and sons, our mothers and daughters, and our friends and neighbors who continue the task of making our country a more perfect Union,” declared the President as he took his stand with America’s homosexual activist lobby. In making the proclamation he emphasized that all Americans “rededicate ourselves to the pursuit of equal rights for all, regardless of sexual orientation or gender identity.”

Tea Party favorite Michele Bachmann (R-Minn., left) has provided a series of hints that she is considering a presidential bid, and her announcement that she will be participating in the next presidential debate in New Hampshire this month virtually confirms Bachmann�s intent to be a presidential candidate for the 2012 nomination.

The debate, set to take place on June 13 in Manchester, N.H., is expected to boast a series of prominent candidates, including Tim Pawlenty, Rick Santorum, Newt Gingrich, Herman Cain, Mitt Romney, and Ron Paul. Bachmann will reportedly be among these contenders, says Bachmann aide Any Parrish.