With Ron Paul’s bill H.R. 459, the Federal Reserve Transparency Act, headed for a floor vote in the House in the next two weeks (and likely success at passage with 263 sponsors), he and his son Sen. Rand Paul (R-Ky.) are now focusing on the Internet.
His Campaign for Liberty (C4L), started in 2008 with some four million dollars of campaign funds from his unsuccessful run for the White House that year, has issued its manifesto to continue the fight: “The Technology Revolution: A Campaign for Liberty Manifesto.”
Senator Rand Paul (R-Kentucky) has proposed legislation to force Senators to read bills before they vote on them.
Battling over a transportation bill that now also addresses student-loan interest rates, congressional lawmakers are scrambling to appease their constituents in a legislative boondoggle littered with election-year politics. Aimed for final passage this week, the legislation intends to extend federal highway funding, prevent new student-loan interest rates from doubling, renew and revise federal flood insurance, and a slew of other provisions.
If Congress does not reach a decision by Saturday, the federal government’s ability to administer road, mass transit, and other transportation-related programs will be vanquished, along with its authority to impose the gasoline taxes that subsidize most of those programs.
The Pension Benefit Guaranty Corporation is underwater by $26 billion. But a small premium increase will fix things up just fine. When the Pension Benefit Guaranty Corporation (PBGC)’s president, Josh Gotbaum, announced that the bankruptcy of AMR (the parent company of American Airlines) wouldn’t impose additional demands on PBGC’s already flimsy financial statement, his relief was nearly audible:
It is great progress and good news that American recognizes that can reorganize successfully and preserve its employees’ pension plans.
We’re also glad the company is willing to work with us to preserve their pilots’ plan too.
The House Oversight and Government Reform Committee voted along partisan lines to bring contempt charges against Attorney General Eric Holder June 20 by a vote of 23-17 over the Attorney General's refusal to conform with subpoenas related to the "Fast and Furious" gun-walking scandal. The Obama White House had claimed “executive privilege” over the documents earlier in the morning.
A week ago both Mississippi Republican senators, Thad Cochran and Roger Wicker, announced their support of S.B. 2205 — the Second Amendment Sovereignty Act of 2012 — that would allegedly protect American citizens from any abrogation of their Second Amendment rights if the UN Arms Trade Treaty was signed by Secretary of State Hillary Clinton in July. That makes a total of 17 senators who are supporting the bill.
Congressional Budget Office Director Doug Elmendorf testified on Wednesday before the House Budget Committee about the federal government’s “Long Term Budget Outlook.” His office just released its latest study which showed two scenarios: one bad, the other worse.
On Wednesday, Rep. David Rivera (R-Fla.) introduced his bill, “Studying Towards Adjusted Status Act” or the STARS Act, in an effort to break the logjam over immigration reform and provide a path to US citizenship for children of illegal immigrants.The STARS Act is a limited version of the hotly contested DREAM Act.
Congressmen Mac Thornberry (R-Texas) and Adam Smith (D-Washington) have proposed an amendment to the NDAA that would remove a decades-old prohibition on the domestic distribution of pro-government propaganda.
Despite an increasingly noisy chorus of resistance to many of its provisions, the Cyber Intelligence Sharing and Protection Act (CISPA) passed the House, 248-168, on April 26. Passage in the House was assured with more than 70 percent of those supported by the Tea Party voting for it. It moved to an uncertain future in the Senate.
The opposition noted that the bill’s many flaws included precious little “protection” for rights guaranteed in the Bill of Rights, especially those guaranteed by the Fourth Amendment.