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What’s popularly known as the “Bush tax cuts” expire at the end of this year. President Barack Obama wants to keep rates the same (or lower them even) for individuals making less than $200,000 and households pulling down $250,000.

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Can the U.S. Afford $70 Billion in Tax Relief in 2011?

Earlier this summer, 18 states declined to participate in the PPACA’s new network of high risk pools, which the Obama administration had hoped would be a bridge from now until the insurance exchanges are set up in 2014. The states’ biggest gripe? Funding—too little of it

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Yet Another Underfunded Bridge Program Brought To You By ObamaCare

Two weeks ago, Politico broke the news that a major coalition of liberal supporters of the health care overhaul was telling activists not to mention deficit or cost reductions when attempting to sell people on the bill. Now, Politico reports , another major liberal health care activist group, Health Care for America Now, has an even better strategy for helping out the politicians who voted for the bill: Maybe just avoid talking about the law entirely!   The progressive coalition Health Care for America Now fought hard to pass health care reform.

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Maybe If We Just Avoid Talking About ObamaCare, People Will Like It

She famously declared that Mikhail Gorbachev was a Soviet leader she could “work with.” And now documents obtained by The Guardian , after a long Freedom of Information Act battle, reveal that Prime Minister Margaret Thatcher did indeed work with the future Soviet leader, when he was a top official to the brittle, expiring General Secretary Constantine Chernyenko—to prevent Moscow from funding the sinister, pro-Soviet leader of the National Union of Miners (NUM), Arthur Scargill. As The Guardian writes, “The NUM leader, Arthur Scargill, had stepped up efforts to raise cash from the USSR; Soviet miners had responded by donating more than $1m from their wages.” Well, as is pointed out further down in the piece, Soviet miners didn’t donate anything; rather, leaders in the Kremlin, who were skilled in the requisition of property and wages, would use money from state coffers to underwrite Britain’s striking miners, who threatened to topple the conservative government inhabiting Number 10 Downing Street. Scargill the Intransigent, who outraged mainstream opinion by sending a NUM leader to Libya in search of funds, just six months after a British policewoman was shot and killed by Qaddafi’s goons in London, effectively destroyed Britain’s influential trade union movement

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Da, Prime Minister

Hat tip: Alan Vanneman! Over at Slate , Christopher Hitchens weighs in on the Beck-a-Palooza: The numbers were impressive enough on their own, but the overall effect was large, vague, moist, and undirected: the Waterworld of white self-pity. The Washington Post quoted Linda Adams, a Beck supporter from Colorado, who said, “We want our country to get back to its original roots,” adding that “her ancestors were on the Mayflower and fought in the American Revolution.” She was also upset that some schools no longer require students to recite the Pledge of Allegiance

Excerpt from: 
Hitchens on The Beck Rally: Large, Vague, & Moist, “The Waterworld of White Self-Pity”

Is the U.S. on a certain path toward a debt crisis? And if so, at what point will it strike

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For Certain Is Debt for the Born

The Wall Street Journal looks into the intellectual resurgence of the Austrian school of economics and identifies one of the driving figures: George Mason University economist Pete Boettke.

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Velour Track Suits and the Road to Serfdom

The Democratic National Committee…raised more than twice as much money in July as the Republican National Committee, and finished the month with $11 million on hand, compared with $5.3 million at the RNC.

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Cash Vs. Momentum in the Midterms: Will Flush Fat-Cat Dems Beat Rich-in-Love Reps?

Hit & Run regulars and folks who attend Reason’s DC events may know Bruce Majors, who haunts the comments section at this here blog like Banquo’s Ghost at the dessert section of a Golden Corral buffet. Majors, an openly gay real estate agent who has lived in the nation’s capital since 1980, was near the center of a bizarre Glenn Beck rally mini-scandal when a visitor’s guide to DC he penned was interpreted as evidence of racism on the part of Tea Party types.

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Meet The Tea Partier Who Gave Thousands to Dems & Warned DC Visitors of The Yellow & Green Metro Lines