Posts Tagged ‘deficit’
Rand Paul Speaks … making sense
It seems everyone has a response now to the SOTU but I am choosing to highlight Senator Rand Paul’s response because he does not hold back, he makes sense, and he, unlike so many others, understands the gravity of the problem. “The fact is the cat’s out of the bag …”
Read MoreHigher taxes, reduced deficits and Milton Friedman
While Congress debates whether to increase taxes on the “rich” (yes, allowing the Bush tax cuts to expire is a tax increase), it it worth reflecting on the words of the late economist, Milton Friedman. Politicians will always spend every penny of tax raised and whatever else they can get away with. And, a study done…
Read MoreBi-partisan commission on reducing the debt – draft report
With the federal legislative session not exactly in full swing, you have plenty of time to review President Obama’s bi-partisan commission’s “how to reduce the debt” draft report. Unfortunatley, I don’t have time to read much this evening, but I wanted to provide you a link to the PDF for your reading pleasure.
Read MoreThe stark reality of our national debt
Reams have been written about extending, or not, the Bush tax cuts. Many in Washington claim, now that the election is upon us, that something must be done to reduce the deficit, and, we are presumably led to believe that increasing taxes on the very wealthy is the answer.
Read MoreNew York State has 200,000 government employees
I was just reading this post over at WINS 1010 concerning Gov. David Paterson’s (D-N.Y.) problem with the unions after his plans might result in – God forbid – state employee layoffs. I noted the state employs 200,000 workers. Guess how many Ford Motor Company has?
Read MoreMatthews: Stop bitching about the deficit and name some cuts – Congressman Ryan: OK, fasten your seat belt
This is a perfect example of why, when a Congressman knows his stuff, he can handle even the dumbest questions. Matthews demands, name one item you will cut from the budget. Ryan, I’ll name more than one. Here we go.
Read MoreMedia buries the real math of health care reform
Democrats have laughingly suggested we will lower costs, increase services and ensure everyone is covered all while spending less and not increasing adding to yearly deficits or the debt. Pipe dreams may come true, but the New York Times tells us about the real math in an Op Ed piece … and conveniently buries it.
Read MoreIntergenerational Theft – Deficit, the Obama year(s)
Just a great analysis by Ed Morrissey on the Obama year in office and the resulting deficit. It break down the difference in debt since the Democrats took control … how the Democrats played “cat and mouse” with Bush before the FY 09 budget was enacted … and how one man and one Congress robbed…
Read MoreMost excellent: CBO says deficits $1 trillion a year for a decade
Hope and change, and of course all of this plays right into the hands of the One. Never let a crisis that you created go to waste. From The Hill (via instapundit).
Read MoreObama takes over Congress’ job – writes his own health care bill
It’s not supposed to work this way, but our federal leaders continue to make up new policy, procedures and unconstitutional legislation at every turn. President Obama will introduce his own health care legislation and post it on the White House Web site tomorrow or Monday.
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