Restore America’s economic strength: Ending the bailout gravy train

(By Rep. Virginia Foxx, The Stokes News) - During the summer of 2008, anyone predicting that gas prices would fall by more than half in a few months would have been laughed off the national stage. Anyone suggesting that the federal government would commit $8.5 trillion to bailouts and loan guarantees (when the entire federal budget is only $3 trillion) would have faced a similar fate.

Yet this is the situation in which we find ourselves today: gas prices halved from their summer highs and federal bailouts as common as a Christmas tree farm in the High Country.