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Tag Archives : Federal Budget

Congressman Ryan’s Budget Is a Big Step in the Right Direction

Congressman Ryan’s Budget Is a Big Step in the Right Direction

Posted on April 4, 2011

The Chairman of the House Budget Committee, Congressman Paul Ryan of Wisconsin, will be unveiling his FY2012 budget tomorrow. Not all the details are public information, but what we do know is very encouraging. Ryan’s plan is a broad reform package, including limits on so-called discretionary spending, limits on excessive pay for federal bureaucrats, and […]

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If the Obama-GOP Budget Deal Is a Kiss-Your-Sister Agreement, Claudia Schiffer Ain’t My Sibling

If the Obama-GOP Budget Deal Is a Kiss-Your-Sister Agreement, Claudia Schiffer Ain’t My Sibling

Posted on March 31, 2011

Press reports indicate that there is a tentative agreement between Republicans and Democrats to trim $33 billion of spending for the remainder of the current fiscal year. Here are a few blurbs from a story in The Hill. A source familiar with the talks said members of the Senate and House Appropriations panels are working […]

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Republicans and the Suicidal Impulse

Republicans and the Suicidal Impulse

Posted on March 30, 2011

Yesterday, I analyzed how the GOP should fight the budget battle, but I may have made a big mistake. I assumed the Republican leadership actually wanted to do the right thing. I thought they learned the right lessons from the disastrous Bush years, and that the GOP no longer would be handmaidens for big government. […]

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Budget Battle Update: It’s About Preparing for the Inevitable Fight, not Forcing a Shutdown

Budget Battle Update: It’s About Preparing for the Inevitable Fight, not Forcing a Shutdown

Posted on March 29, 2011

According to news reports, Democrats and Republicans are unlikely to reach any sort of budget agreement before April 8, when a short-term spending bill for the current fiscal year expires. Barring some new development, this could mean a shutdown of the non-essential parts of the government. This makes both sides very nervous. Democrats don’t want […]

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Republicans Are Even Stupider than I Thought

Republicans Are Even Stupider than I Thought

Posted on March 26, 2011

I posted yesterday about the stunning political incompetence of Republican Senators, who reportedly are willing to give Obama an increase in the debt limit in exchange for a vote (yes, just a vote) on a balanced budget amendment. As I explained, there is no way they can get the necessary two-thirds support to approve an […]

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The Stupid Party Strikes Again: Republicans May Raise Debt Limit in Exchange for Symbolic BBA Vote

The Stupid Party Strikes Again: Republicans May Raise Debt Limit in Exchange for Symbolic BBA Vote

Posted on March 25, 2011

The old joke in Washington is that Democrats are the evil party and Republicans are the stupid party (which is why you should guard your wallet and freedom whenever you hear talk of “bipartisanship”). The GOP definitely is doing what it can to prove that at least one side of that joke is true. Republicans […]

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Norquist Is Right and Coburn Is Wrong: Tax Increases Will Lead to More Spending, Not Lower Deficits

Norquist Is Right and Coburn Is Wrong: Tax Increases Will Lead to More Spending, Not Lower Deficits

Posted on March 11, 2011

There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of Americans for Tax Reform, which is the organization that maintains the no-tax increase pledge. The […]

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Barack Obama and Harry Reid Are AWOL in the Fight for Fiscal Responsibility

Barack Obama and Harry Reid Are AWOL in the Fight for Fiscal Responsibility

Posted on March 9, 2011

In the past 10 years, the burden of federal spending has skyrocketed, more than doubling from$1.86 trillion in 2001 to an estimated $3.82 this year. President Bush deserves a lot of the blame thanks to the no-bureaucrat-left-behind bill that bloated the Department of Education, the corrupt farm bills, the pork-filled transportation bills, the new prescription […]

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Latest News on a Government Shutdown, Including a Debate with Robert Reich on CNBC

Latest News on a Government Shutdown, Including a Debate with Robert Reich on CNBC

Posted on March 8, 2011

In this discussion on Larry Kudlow’s show, I reiterate the central point from my National Review article and explain that the government shutdown in 1995 led to real fiscal restraint. If that was a loss for the GOP, I hope they lose again this year. But will this happen? If Republicans don’t surrender, a shutdown […]

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GOP Wins First Skirmish in Budget Fight, but Shutdown Battle Still Looms

GOP Wins First Skirmish in Budget Fight, but Shutdown Battle Still Looms

Posted on March 2, 2011

A large number of Democrats voted with Republicans in the House yesterday to pass a two-week spending bill that includes $4 billion in cuts compared to what Obama requested. This is a modest victory for the GOP since they can truthfully claim that they are on target to impose the equivalent of $100 billion of […]

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