Weekly Columns
I’ve had the privilege of spending the past two weeks visiting with Oklahomans at a series of town hall meetings. At assemblies in Ardmore, Marietta, Moore, Chickasha, Norman, Ada, Lawton, and Duncan, residents of the Fourth District came out to make their views known. As always, Oklahomans had thoughtful, commonsense perspectives on the important issues of the day.
The sobering news that Standard & Poor's has lowered its assessment of U.S. Treasury securities from “stable” to “negative” raises the stakes even higher for the upcoming debate about raising the debt ceiling.
The House of Representatives took two significant steps last week toward reversing the nation's disastrous debt trajectory.
The budget battles of the past few days confirm vast differences between Democrats and Republicans when it comes to fiscal priorities. With the nation mired in a continuing recession and headed gradually but inevitably toward a debt crisis, the Democratic majority last year failed to pass a budget or any funding bills for 2011.
"The President in every possible instance shall consult with Congress before introducing United States Armed Forces into hostilities or into situations where imminent involvement in hostilities is clearly indicated by the circumstances."
Last week marked the one-year anniversary of the passage of Obamacare into law, and opposition among the nation's employers remains as strong as ever. Nancy Pelosi's infamous comment that Congress would "have to pass the bill so that we find out what is in it" underscores the fact that the more job creators learn about it, the more they dislike it.
A recent report from the Joint Economic Committee (JEC) eloquently illustrates the connection between spending cuts and job creation. In their analysis of economic data from all developed countries between 1970 and 2007, the JEC uncovered some instructive and encouraging findings.
The sudden, significant spike in gas prices is straining American family budgets and jeopardizing our fragile economic recovery. Unrest in North Africa and the Middle East has driven prices up 20 cents in just the last few days, and prices have increased 68 cents compared to this time last year.
A government shutdown has been averted. For now. Harry Reid and Senate Democrats were poised to close the government rather than accept House Republicans' plan to cut $100 billion from the remaining months of the 2011 budget. The House GOP majority remained firm in our conviction that spending must be reduced and passed a short-term version of our original legislation.
Media reports may try to suggest otherwise, but the responsibility of avoiding a potential government shutdown rests entirely with Harry Reid and the Senate Democrats.