Free Republic

Soon, the Federal Reserve could be forced for the first time to open its books and expose its machinations to Congress. Senator Rand Paul (shown, R-Ky.) reports that he is “about seven votes short” of the 60 votes he believes would be procedurally sufficient to get a vote in the Senate. In an interview with Kitco News just moments after he left the stage at Freedom Fest in Las Vegas, Paul explained that while the House of Representatives has passed numerous measures aimed at auditing the Federal Reserve, it is “taking forever in the Senate.” He promises that he will...

Providing yet another searing example of the ridiculousness of his tenure in the Oval Office, a new report outlines how President Barack Obama’s executive orders to “eliminate red tape” in government burdened taxpayers and businesses with billions in new regulatory costs. In 2011 and 2012, the president signed executive orders instructing federal agencies to “modify, streamline, expand, or repeal” existing regulations to lighten the massive regulatory burden on the American economy. Using its 2+2=5 accounting, the Obama administration has claimed that the president’s actions have created $28 billion in savings since 2011. Independent reviews, however, tell a far different story....