Obama’s “Compromise” Budget?

This week U.S. President Barack Obama unveiled his budget for the 2014 fiscal year (which begins on October 1) – a $3.8 trillion spending plan that is being hailed by the mainstream media as a “compromise” document aimed at bringing so-called “Republicans” to the negotiating table.
Even conservative budget analyst Michael Tanner of The Cato Institute [...]

Cato: Clinton King Of Shrinking Government

When Congressman Paul Ryan takes the stage at CPAC Friday morning, he will, of course, tout his new budget as a solution to America’s spending problem. The 2014 Ryan plan does aim to balance the budget in 10 years. That said, it would leave government spending, as a percent of GDP, at a hefty 19 percent – [...]

1,415 Days

This website has been hugely critical of the fiscal policies of U.S. President Barack Obama and so-called “Republicans” in the U.S. House of Representatives – a shared failure which has resulted in an astronomical $16.6 trillion debt.
However to their credit, Obama and House “Republicans” have at least taken the time to draft – and publicly [...]

Obama Budget: Let It Bleed

U.S. President Barack Obama released his proposed 2013 budget this week – a $3.8 trillion spending plan which his administration claims will trim $4 trillion from the deficit over the coming decade.
Bear in mind that Obama isn’t proposing any spending cuts, he is merely proposing to modestly scale back future spending growth – and to [...]

Rich: 1,000 Days Of Dysfunction

By Howard Rich || When U.S. President Barack Obama strode into the chamber of the U.S. House of Representatives this week and delivered his fourth State of the Union address, it marked exactly 1,000 days since the Democratic-controlled U.S. Senate last passed a budget.
The last time the Senate passed a budget was April 29, 2009 [...]

1,000 Days

When Barack Obama strides to the podium of the U.S. House of Representatives to offer his fourth (and hopefully last) State of the Union address on January 24, it will mark a milestone in government dysfunction.
And believe it or not, we’re referring to something other than the Obama administration’s disastrous handling of this country.
January 24 [...]

Tinkering Around The Edges (Again)

Last week, the “Republican-controlled” U.S. House of Representatives agreed to a $1 trillion appropriations bill that will fund government (well … certain parts of it) through next September.
The legislation only includes non-emergency discretionary spending … meaning it doesn’t include mandatory spending on Social Security, Medicaid and other entitlements. It also doesn’t include $115 billion in [...]

Mulvaney, GOP Offer “Bolt”

U.S. Rep. Mick Mulvaney (R-South Carolina) is one of several congressional Republicans hoping to give the current spending debate in Washington, D.C. a “bolt.”
Mulvaney and fellow GOP budget committee members unveiled the “Balancing Our Obligations for the Long-Term (BOLT)” act this week, a batch of spending reforms that they hope will “fix Washington’s broken budget [...]

Jim DeMint: Government Still Not Cutting

By Jim DeMint || Despite bipartisan promises to cut spending after the 2010 elections, Washington politicians are still voting to make the government even bigger and more expensive than ever.
Don’t believe me?
Even though the federal government is nearly $15 trillion in debt, it’s spending at record-high levels. Federal spending has gone up 5 percent in [...]

US Government Shutdown Looms

Once again, politicians of both parties in Washington, D.C. are bickering at the margins of our nation’s $14.7 trillion deficit  – with a dispute over $3.5 billion in federal funding for emergency management efforts bogging down another “quick fix” budget resolution.
Seriously … is this a joke?
Our government is spending at least $1.3 trillion this year [...]

GOP Debt Hand Strengthened

A disastrous U.S. employment report for the month of June has emboldened Congressional Republicans as they battle U.S. President Barack Obama over his proposed tax hikes.
“Tax hikes on families and job creators will only make things worse,” said U.S. House Speaker John Boehner, responding to the news that the U.S. economy added an anemic 18,000 [...]

Newt Gingrich’s Budget Mess

We were never big fans of the spending proposals released earlier this year by U.S. Rep. Paul Ryan (R-Wisconsin) – the man who replaced big spender John Spratt as chairman of the House Budget Committee.
Why not?
That’s easy … because there are proposals out there that would cut much more, much faster, which we believe is [...]