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In this episode of the weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway is joined by U.S. Rep. Pete Roskam (R-IL), the sponsor of the Preventing IRS Abuse and Protecting Free Speech Act.

Government by ideological fantasy – at the expense of actual facts – is a terrible idea. So too is government of, by and for the donors. Far too often government regulators and bureaucrats ignore Reality – to tilt at ideological windmills. And WAY too often government becomes one giant stenographer for contributors – writing laws and regulations to accommodate their check-cutters’ every whim and wildest dream.

Most of us feel that time goes by faster as we get older. It does. When you are five years old, one year represents 20 percent of your life. Yet, when you are fifty, that same calendar year is only 2 percent of your life—making that single timeframe much smaller. Those of us involved in fighting the bad energy policies coming out of Washington have a similar feeling: the second term of the Obama Administration seems to be throwing much more at us and at such speed that we can barely keep up. Likewise, they are.

(NOTE: This post also serves as a rebuttal to a May 31 Huffington Post piece.) An article in the May 26, 2012 issue of The Economist titled “Toxic shock” begins with these…