From the Associated Press:

Rand Paul defeated Republican establishment favorite Trey Grayson in the Republican primary for U.S. Senate, a closely watched race that was a test of the tea party movement’s strength.

Paul, the son of former presidential candidate U.S. Rep. Ron Paul, on Tuesday gave a tea party activist a key win in a statewide election that could embolden the fledgling political movement in other states. With 43 percent of precincts reporting, Paul was leading with 60 percent to Grayson’s 36 percent.

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Tuesday, the U.S. Senate passed another Democratic multi-billion dollar legislative handout designed to temporarily alleviate the continuous financial burden hanging over the nation’s unemployed and fiscally irresponsible states.

Democrats—with six Republicans tagging along for the spending spree—swiped the nation’s Centurion Card to the tune of $140 billion, and went home with bags overflowing with goodies: subsides for health insurance, funds to prevent states from laying off public service employees, extensions of unemployment benefits, etc.

Senator Chuck Schumer—apparently now worried about the chattering class—patted himself on the back for a day’s work and proclaimed, “While our Republican colleagues on healthcare have been stonewall[ing], on jobs they know that they block us at their own political peril … and substantive peril as well.”

New York’s senior senator is entitled to his own opinion, but not his own facts.

This initiative can’t possibly be touted as a jobs bill when nearly 90% of the funds appropriated are unrelated to job-creation. Moreover, the Republicans who did cross party lines to support this measure, supported—what amounted to—another spending bill, and they might be doing that at their own political peril.

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I grew up in Kentucky where every boy who ever played baseball knew the name of Jim Bunning. He is the Hall of Fame pitcher who threw a perfect game for the Philadelphia Phillies and knew how to play hardball long before the tingly-legged Chris Matthews co-opted the name for his decidedly softball show.

If you are anywhere near being a fiscal conservative you have to absolutely love what Senator Jim Bunning did this week. This week Senator Bunning showed Senator Harry Reid, and a few Senate Republicans how to throw one high and tight. His one man play at fiscal responsibility has the Washington “in” crowd crying foul and showing their hypocrisy.

In case you missed it here is a brief rundown. A few weeks ago the Congress passed a bill known as “Pay-Go,” a fluffy piece of nonsense posturing. On its surface Pay-Go seems to be fiscally responsibly, if you want to spend some money you need to show where it is going to come from. Senator Bunning knew the bill was hogwash because any spending could avoid being subject to Pay Go if it was “an emergency.” He didn’t vote for the bill for that reason. He also saw another flaw in the bill, a single Senator could hold up the whole Senate if they wanted to.

This week when Senator Reid tried to push through an extension to unemployment benefits Senator Bunning played a little chin music for the Majority leader and put the breaks on the additional 10 billion in spending. Senator Bunning invoked his right to stop the bill and call for the application of the Pay Go rule. When members of the media hounded Senator Bunning for a comment he showed them the door, of the elevator he was taking. Nice added touch!

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Sources on the Hill tell Big Government that the nomination of Ben Bernanke to remain Chairman of the Federal Reserve is in deep trouble.  A Senior Capitol Hill Staffer said to Big Government, “if [Senate Majority Leader] Reid does not file for cloture tonight, I don’t think they have the votes to confirm him.”  The Wall Street Journal thinks the vote will be “tight,” yet the White House is spinning that they have the votes.  Hill sources say that this nomination is trending in the wrong direction for the Obama Administration and many on the Hill are stunned by the news that, according to CNBC, Senator Barbara Boxer (D-CA) has announced her opposition to the nomination.  There is growing opposition to this nominee remaining in charge of the Federal Reserve for a second term.

Senators have made public statements indicating that there may be non-public information that is hurting this nominee.  Senator Jim DeMint (R-SC) said that “the Fed continues to stonewall Congress and the public.”  Senator Jim Bunning (R-KY) referenced “ongoing examinations by Congress and the GAO of the Fed’s AIG bailout” and that there are “unpleasant facts for the Fed and Chairman Bernanke” that will come out after “full public disclosure of all information about the AIG bailout” that has only been shared with “select Congressional Committees and the GAO.”  Senator David Vitter (R-LA) said, “it is vitally important that Congress has the ability and time to adequately review the Federal Reserve’s bailout of AIG.  Although some of our offices have had time to review some of the documents, not all are available at this time and Congress should wait until GAO’s review before proceeding with his nomination vote.” (more…)