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Wednesday, May 16, 2012

postheadericon It's time to end bailout subsidies

The 112th Congress was supposed to change the way business was done in Washington. We were going to make tough choices to lower spending and put our country back on a path to prosperity. We were going to be more open and transparent to shine light on a process often darkened by backroom deals. And, we were going to end the practice of earmarks so that taxpayers were protected from funding powerful Members’ pet projects back home.

Yet, once again, this Congress takes two steps forward and one step back in the name of political expediency. This week, the House of Representatives will vote on the National Defense Authorization Act (NDAA) and unfortunately, I will have to propose an amendment which bans the government from once again interfering in the private market to prop up a failing business.

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