Republicans in the House.
Posted May 24, 2011on:
- In: American Crash 2011 | Deficit Reduction Proposal | Economy/Money | Ineffective Government Programs | national deficit, taxes, national budget | Politics 2011 | Privatization of federal projects | Rep Paul Ryan chairman House Budget Committee | Rep. Hal Rogers "Prince of Pork" Appropriations Committee Chairman | Republican House of Representatives 2011 | Republican House of Representatives 2011 | Senate Republicans 2010
- 8 Comments
Republicans in the House are trying their best to reign in spendi9ng and get a handle on fraud. Of course most if not all of the bills they pass will be voted down in the Democratically held Senate. Of course the dame can be said for any Senate bills that get sent to the House. so this two years will just be a stand off. I am however impressed that the Republicans are working overtime to being out a lot of Washington filth!
Wednesday the house will be looking into 7 bills that are aimed at getting the tax payers out from under Fannie Mae and Freddie Mac. The government had no business getting into the mortgage business and now carries 90% of the mortgages in the United States with a good 20% of these either in foreclosure or under water. (underwater: the mortgage is more than the home is worth.)
Some recent stories you might fine of interest:
— A busy day of appropriating: Full House committee slices $30 billion for 2012 spending levels.
— House subcommittee approves cuts to food safety, nutrition programs.
— And Democratic appropriators try, fail to save funds for firefighters, disaster relief.
— House subcommittee to take on government real estate on Wednesday. (The government owns billions of acres of property all over the United States and especially out West. The buildings owned by Uncle numbers in the tens of thousands. It wouldn’t be so bad if a profit was made on the property but the land is lying empty except for the leases offered for pennies to mining companies (NOT oil or coal, but all others). Then when gold or any other minerals are mined on the property there is no charge made again except for oil and coal leases. These minerals belong to the people! As for the buildings they are rented for a pittance to large companies while the tax payer picks up as the maintenance costs. BB)
— House Democrats try to carve out $6.6 million for USTR oversight of China.( The offices they have currently just aren’t “fancy” enough to suit some people. BB)
— Banks have their most profitable quarter since before the financial crisis…
— …But new home sales, while up, are still far from healthy.