Archive for Budget

Boehner Column: Our Troops Shouldn’t Pay the Price for Washington’s Failures

May 13, 2012 Comments Off by

Today, Congressman John Boehner (R-West Chester) released the following column discussing the House-passed Sequester Replacement Reconciliation Act:

“Because of Washington’s failure last year to sufficiently reduce the deficit, current federal law requires that hundreds of billions of dollars in indiscriminate cuts be made to the national …

armed forces, billions of dollars, Budget, Budget Control Act, congressman john boehner, Defense Cuts, defense cuts budget control act, defense cuts sequestration, deficit reduction, department of defense, dod cuts, entitlement cuts sequestration, Federal Budget, Federal Government, Headline, liberty and freedom, National Defense, national defense budget, News and Opinion, reconciliation act, sequester, sequestration, spending cuts, war fighters, wright patterson air force, wright patterson air force base Read more

Bad news from the CBO on taxes, jobs, and wages

Feb 02, 2012 Comments Off by

In the previous post, we pointed out how the Republicans made some strides in slowing spending. That was good news, but it’s not all good news.

First, the taxes. According to the CBO . . .

Taxes Will ‘Shoot Up by More Than 30 …

alternative minimum tax, alternative minimum tax amt, brain trust, Budget, bureaucrats, cbo, cbo projects, congressional budget office, Democrats, economic cycle, economic outlook, Economy, employment, fdr, federal bureaucrats, federal employees, Federal Government, Government, great depression, Headline, income tax, income tax rate, income tax rates, News and Opinion, Obama, Obamacare, Obamanomics, political spectrum, private sector, private sector counterparts, recessions, tax hike, tax hikes, tax provisions, Tax rates, Taxes, taxpayer, taxpayer expense, Unemployment Read more

State of the Union facts vs. Obama’s fictions

Jan 25, 2012 Comments Off by

SOTU FACT: President Obama’s Policies Have Made Our Economy Worse

CLAIM: President Obama says our economy has “momentum.”

“As long as I’m President, I will work with anyone in this chamber to build on this momentum.” (President Obama, State of the Union Address, January 24, 2012)

FACT: President …

actuaries, america, american energy, american families, american job, asian countries, Budget, Business, business income, business owners, canadian energy, centers for medicare and medicaid, centers for medicare and medicaid services, chinese firms, construction job, creating energy, Deficit, Democrats, economic growth, Economics, economist, economists, Economy, Election 2012, Energy, energy production, energy project, energy resources, energy security, Family, Featured, FEC, food stamp, food stamps, gallup, gas prices, gasoline, gop leaders, Government, great depression, growth rate, gulf of mexico, Headline, Health Care, health care costs, Health insurance, health insurance companies, Industry, Job creation, job creators, Jobs bill, john boehner, joint committee on taxation, Keystone XL, Keystone XL pipeline, manufacturing jobs, middle class tax, moratorium, National Debt, News and Opinion, Obama Administration, obama keystone, Obamacare, offshore leasing, payroll tax, Politics of Division, Potus, PPACA, press conference, Republicans, senate democrats, Small Business, small business owner, small business owners, small businesses, Solyndra, Speaker, Spending, spending cuts, State of the Union, state of the union address, Tax, tax cut, tax hike, tax hikes, tax holiday, tax reform, tax relief, Taxation, Taxes, taxpayer, taxpayers, Trade, U.S., Unemployment, unemployment insurance, unemployment rate, world war ii Read more

The rest of the world is figuring it out, the U.S. lags behind

Jan 22, 2012 Comments Off

This chart tells the tale:

 

While the average corporate tax rate falls in otehr countries, ours remains the highest in the world. A recent study from the OECD indicates how damaging this is to growth:

This paper investigates the design of tax structures to …

Read more

Schweikert Intros Amendment to Require States’ Approval for Debt Increases

Jan 19, 2012 Comments Off

Washington, D.C. – On Tuesday, Congressman David Schweikert (R-AZ) introduced H.J.Res 99, theNational Debt Relief Amendment (NDRA). This constitutional amendment would require approval from a majority of states before Washington increases the federal debt level:

“Our national debt is more than a mind-blowing $15 trillion, which breaks …

Read more

Debt Vote an Indictment of Obama’s Reckless Spending Binge

Jan 17, 2012 Comments Off

This week the House of Representatives will vote on a resolution to disapprove of the Obama administration’s request for an increase in the nation’s debt ceiling – another “sign of leadership failure,” in the president’s own words.

The vote itself is an indictment of the …

Read more

The budget mess made simple

Jan 16, 2012 Comments Off

The image below is one of those things that gets forwarded around and around the Internet. It’s provenance is unclear now, but the message make America’s budget insanity quite cogent:

 

Those who argue in favor of large government debt will insist that governments …

Read more

What’s a “Super Committee?”

Sep 21, 2011 No Comments

Admittedly, I didn’t even know what the “Super Committee” was up until a couple of weeks ago when Senator Jon Kyl threatened to quit it over defense cuts.  I’d heard it mentioned on broadcast news but missed the specifics of the committee during the debt ceiling fight. Created under the recently passed debt-limit deal, this so-called [...]

Read more

Categories

Archive

Pages

Bloggroll