According to the New York Times, New York Gov. Andrew Cuomo and the state’s congressional delegation want the federal government to pay for $33 billion in storm damage from Hurricane Sandy plus another $9 billion for preventative measures:
A common trope of hawkish foreign policy writers is that America took a "holiday from history" by starting too few wars and trimming military spending in the 1990s. The unsubtle suggestion is that this holiday caused 9/11. But a better analogy would be that America, for decades, has taken a holiday from arithmetic, spending money like Jill Kelley at a JSOC mixer.
House freshman Allen West (R-FL) – a tea party and Fox News favorite – finally conceded defeat to his Democratic opponent on Tuesday. According to a Politico article, “The congressman’s unexpected loss left his advisers, donors and legion of tea party fans searching for answers.”
According to the Hill, policymakers are “scrambling” to do something about the U.S. Postal Service in the current lame-duck session of Congress. The USPS’s recently announced $15.9 billion loss for 2012 apparently inspired policymakers to act.
The demise of Hostess and Twinkies is not a national emergency, but it is certainly sad when a major business goes under and thousands of people lose their jobs.
The fiscal cliff is looming and Washington is scrambling to reach a deal to avoid a Thelma and Louise ending in January. To start, policymakers need to identify spending cuts, and they could begin with Senator Tom Coburn’s (R-OK) just-released report on wasteful and duplicative spending in the Pentagon. The report identifies savings totaling at least $67.9 billion over the next decade in the Department of Defense.
Today is a federal holiday in observance of Veterans Day and we should all pause a moment to reflect on the sacrifices our veterans have made. But today is also an opportunity to reflect on the current state of civil-military relations. In today’s New York Times, Tom Ricks addresses this and notes:
President Obama has won reelection, and his administration has asked state officials to decide by Friday, November 16, whether their state will create one of Obamacare's health-insurance "exchanges." States also have to decide whether to implement the law's massive expansion of Medicaid. The correct answer to both questions remains a resounding no.
The NY Times reports on how well peanut growing has gone this year:
Supporters of limited government have little to cheer about today (and Romney winning wouldn’t have changed that in my opinion), so I’m going to point out a small glimmer of hope. In Pennsylvania’s 79th district, voters elected a local finance professor and radio host named John McGinnis to the state House of Representatives. A lot of Republicans talk a good game about liberty and smaller government – “Dr. John” eats it for breakfast.