Perry’s Book Due Out After Election
Posted in Main Blog (All Posts) on September 9th, 2010 4:41 am by HL
Perry’s Book Due Out After Election
Look what’s coming just after the midterm elections: Fed Up!: Our Fight to Save America from Washington by Texas Gov. Rick Perry.
Despite Perry’s insistence that he’s not interested in running for president, this will surely fuel the speculation.
Health Care Law Will Not Reduce Costs
The health-care reform law enacted last spring won’t significantly change national health spending over the next decade compared with projections before the law was passed, the Wall Street Journal reports.
The report casts fresh doubt on Democrats’ argument that the health-care law would curb the sharp increase in costs over the long term. In fact, insurance companies have proposed rate increases ranging from 1% to 9% nationwide that they attribute specifically to new health-law coverage mandates.
Watch Out for the Super PACs
Bloomberg reports that at least 25 “super PACs” are fueling “a surge in money for this year’s elections following the U.S. Supreme Court ruling that struck down limits on corporate campaign spending.”
These new political action committees can take unlimited company, union and individual donations and explicitly urge voters to support or oppose candidates, unlike ordinary PACs and nonprofit groups.
“Of the 25 super PACs, at least nine lean Republican and 10 Democratic. There may also be dozens more that haven’t formally outlined their plans to the FEC… The super PACs include new units of established groups such as the Club for Growth, which supports lower taxes and favors Republicans, and the League of Conservation Voters, which primarily backs Democrats.”
