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Friday, January 23, 2009

Opposition Emerges to Congressional Spending Plan


“Just days after taking office vowing to end the political era of ‘petty grievances,’ President Obama ran into mounting GOP opposition yesterday to an economic stimulus plan that he had hoped would receive broad bipartisan support. Republicans accused Democrats of abandoning the new president’s pledge, ignoring his call for bipartisan comity and shutting them out of the process by writing the $850 billion legislation. The first drafts of the plan would result in more spending on favored Democratic agenda items, such as federal funding of the arts, they said, but would do little to stimulate the ailing economy.” (Washington Post, Friday)



Slowing down the juggernaut.



FEE Timely Classic

“Winners and Losers in the Transfer Game” by Christopher Westley


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.