Economy

Senator Coburn’s Plan to Cut Waste

Senator Coburn’s plan was simple- His amendment would have capped the federal debt and immediately reduced federal spending by at least $120 billion by consolidating more than 640 duplicative government programs, cutting wasteful Washington spending and returning billions of dollars of unspent money. Friday, February 12, 2010    The Washington Times MCCLUSKY: Wild waste flows in

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Bakken Shale

Killdeer, N.D.    A massive oil reserve buried two miles underground has put North Dakota at the center of a revolution in the U.S. oil industry, a shift that has radically altered the fortunes of this remote area. Harold Hamm, chief of Continental Resources, one of the biggest producers at the Bakken Shale in western

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WSJ – It’s the Spending, America

By DANIEL HENNINGER Anyone who isn’t welded to the Obama-Pelosi-Reid ball and chain has their campaign issue for November’s election and 2012: spending. Republicans, Lieberman-Bayh Democrats, tea partiers, it doesn’t matter. Spending, spending, spending. This is bigger than drill, drill, drill. Way bigger. Finally, after a nonstop, nearly 80-year upward climb, government spending has hit

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Obama Takes Deficits to New Frontier

By JEFFREY H. ANDERSON Investor’s Business Daily In his State of the Union address, President Barack Obama said that “families across the country are tightening their belts and making tough decisions,” so the “federal government should do the same.” The following week, the president presented his new budget, which contains $1.267 trillion in new deficit

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