De Mint to Resign Senate; Greenspan Talks of Painful Deficit Fixes
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De Mint Resigns Senate Seat
U.S. Sen. Jim De Mint (R-S.C.) announced he will leave office in January to become president of The Heritage Foundation.
Founded in 1973, The Heritage Foundation is a research and educational institution—a think tank—whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.”
DeMint will succeed Edwin Feulner in leading the conservative, Washington-based think tank. UPI
Michigan Governor Vows to Sign Anti-Union Bill
Michigan Gov. Richard Snyder (R) said he plans to sign legislation that would make Michigan the nation’s 24th right-to-work state, allowing non-union workers into union shops. The Wall Street Journal
Illegal Immigration Drops From 2007 High
The number of illegal immigrants in the United States decreased last year, ending a three-decades uninterrupted growth in the nation’s undocumented, newly released Census Department data indicates.
Undocumented U.S. immigrants, in 2011, totaled an estimated 11.1 million, down from the record high of 12 million people in 2007, the bureau estimated, based on its the American Community Survey (ACS) for the combined years 2007 to 2011. Census Bureau Report
Washington Governor Signs Gay-Marriage Referendum
Washington State officials today issued dozens of marriage licenses to same-sex couples, shortly after Gov. Chris Gregoire (D) signed into law Referendum 74 (R-74), which voters approved 54 percent to 46 percent on Nov. 6, electing to legalize same-sex marriage in the Evergreen State. Gawker
Alan Greenspan Talks Back … There Are No Painless Deficit-Fixes.
Government spending cuts and tax increases to address federal deficit woes will inevitably cause some HURT, said former Federal Reserve Chairman Alan Greenspan, who led the nation’s central bank from 1987 until 2006.
“The presumption that we’re going to have a painless solution to this, I think, is fantasy,” Greenspan told Bloomberg TV. “There are a lot of risks out there but the one thing I can be reasonably certain of is we won’t get through this whole issue without some pain.”