On the stimulus’s first anniversary, keep in mind one number: 9 million. That is the Obama jobs gap — the difference between the 3+ million… Read More
President Obama says he wants to reduce America’s record trillion-dollar deficits. Too bad he hasn’t even correctly diagnosed their cause. During his State of the… Read More
The Congressional Budget Office (CBO) today released a ten-year budget baseline showing $6 trillion in deficits over the next decade. Yet because Congress requires the… Read More
Last spring, President Obama proposed $11.3 billion worth of discretionary spending cuts. Today’s Washington Times notes that Congress accepted $6.9 billion worth of these cuts,… Read More
Albert Einstein famously defined insanity as “doing the same thing over and over again and expecting different results.” So after a $787 billion stimulus that… Read More
Congressional leadership has unveiled an a $446.8 billion “minibus” that will cover six annual appropriations bills, leaving only the defense bill to pass separately. Assuming… Read More
The Congressional Budget Office today released a report asserting that the stimulus succeeded in creating growth and jobs. If this seems completely detached from reality,… Read More
Rep. Ed Whitfield (R-KY) has proposed a novel way to strengthen the House Pay-As-You-Go (PAYGO) rule. PAYGO – which requires that all legislation expanding entitlements… Read More
During tonight’s address to Congress, President Obama is expected to repeat his contention that health care reform should reduce federal health care costs and not… Read More
Contrary to several reports, the House Democratic health care bill (H.R. 3200) is not deficit-neutral, but would raise deficits to alarming new levels over the… Read More
