by Dan Mitchell | Apr 4, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
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...
by Dan Mitchell | Mar 31, 2011 | Big Government, Blogs, Government Spending
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...
by Dan Mitchell | Mar 30, 2011 | Big Government, Blogs, Government Spending
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...
by Dan Mitchell | Mar 29, 2011 | Big Government, Blogs, Government Spending
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...
by Dan Mitchell | Mar 26, 2011 | Big Government, Blogs, Government Spending
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...
