What an ass

Can you believe what Alaskan Republican Congressman Don Young said when someone suggested that he return the money he got for a bridge to nowhere in Alaska to pay for Hurricane Katrina relief?

“No to Corporate Welfare:” an Honor Roll

Matt’s recent posts on pork barrel spending and lack of fiscal discipline made me curious about voting records on the “transportation” and “energy” bills. I decided to create an honor roll of representatives and senators who voted against both bills. Here are the few, the proud, the defiant.
No to Corporate Welfare Honor Roll:
House
Flake, Jones (NC), [...]

Pork, Pork, Pork

The Albuquerque Journal reported yesterday (subscription required) that some of the spending is coming our way.
Here is how I described the incentives of pork-barrel spending in the public choice class I taught earlier this summer (those familiar with public choice may recognize this as a modified version of “Tullock’s roads example”):
Imagine you and two friends [...]

A rarity in Congress

The Washington Post has a nice piece on the GOP’s profligacy today. Congressman Flake of Arizona, one of only 8 House members to vote against the recently passed $285 BILLION transportation bill is quoted: “If you look at fiscal conservatism these days, it’s in a sorry state….Republicans don’t even pretend anymore.” In addition [...]

Ruthless Extortion

Yesterday’s Albuquerque Journal (subscription required) reported a record windfall in state tax revenue. There are lots of ideas about what to do with the money: spend it on “the kids,” give it back to the people in a rebate, reduce tax rates, etc.
Conspicuously absent is the sort of sentiment expressed by Grover Cleveland when [...]

DuPont’s Disinformation

Pete DuPont makes the absurd claim that Bill Richardson has exercised spending discipline:
“Colorado’s Bill Owens supported (though he is wavering a bit) the Taxpayer Bill of Rights, or Tabor, a constitutional provision restricting the growth of state spending to the growth in population plus inflation and mandating the return of any revenue surplus to the [...]

A one sided coin?

“There’s no free lunch,” reported retiring State Representative Max Coll in a recent interview with the Albuquerque Tribune. Well, that sounds like something an economist would say! Unfortunately, the representative went on to comment, “If you’re going to cut taxes someplace, you’re going to have to raise them somewhere else.”
I thought the fiscal [...]

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