Chart of the Week: The Impact of an Aging America
Sequestration has taken effect, and yet government spending continues growing. Sequestration’s 2.4 percent reductions are not enough to fix Washington’s spending and debt problem because… Read More
Obama Fulfills DeMint’s Prediction, Blaming Sequester for Future Economic Problems
Senator Jim DeMint, the president-elect of The Heritage Foundation, apparently has a crystal ball. This morning he predicted that Obama would use the sequester as… Read More
Unused Federal Buildings: No Room for Sequestration Cuts?
About 77,000 unused or underused federal buildings cost taxpayers $1.67 billion to operate and maintain in 2010 alone (latest data available), according to a Congressional… Read More
Sequestration: Much Larger Spending Cuts Needed to Balance the Budget
Sequestration, the set of automatic spending reductions set to hit on March 1, barely makes a dent in federal spending over the next decade. Much… Read More
Morning Bell: Obama’s Sequester Smokescreen
Suppose you desperately needed to lose weight but had a Big Mac with fries and a Coke staring you in the face. You could take… Read More
DeMint on CNN: “The Problem Is That We’re Spending Too Much” (VIDEO)
President Obama is meeting with lawmakers Friday in a last-ditch effort to stop sequestration. Budget cuts representing just 2.4 percent out of total government spending… Read More
Environmental Protection Agency: No Room for Sequestration Cuts?
The Environmental Protection Agency (EPA) announced plans to furlough all of its employees and shut down for three days this year to absorb sequestration’s spending… Read More
Sequestration: Plenty of Room to Cut Ineffective Programs
The Progressive Congressional Caucus (PCP) recently released a video hyping the forthcoming sequestration “cuts.” The video warns that sequestration will have the harmful effect of… Read More
Department of Energy: No Room for Sequestration Cuts?
President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE)… Read More
DeMint on CNBC: We Need a Balanced Budget in 10 Years (VIDEO)
All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at… Read More
