Simpson–Bowles Redux: Another $600 Billion Tax Increase
Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on… Read More
Small Business Owners to Congress: Fix the Debt with Entitlement Reform
The National Small Business Association’s economic report finds, “The growing national debt is the number one thing small businesses thin[k] Congress and the administration should… Read More
Morning Bell: Spending Cuts Are Happening, One Way or Another
Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending,… Read More
No, Obamacare Does Not Lower Health Care Spending
Obamacare supporters tend to give credit to the law where credit is not due. In the latest attempt, Senate Budget Committee Chairman Patty Murray (D–WA)… Read More
5 Bipartisan Health Care Reform Options
Addressing our nation’s overspending problem cannot be done without reforming entitlements, especially Medicare and Medicaid. As Washington remains clearly divided over how to get it… Read More
Morning Bell: Taking America from Welfare State to Opportunity Society
“I must go to college!” insists eight-year-old Pierre William. Such planning may seem unusual in a second grader. But Pierre is lucky. He’s attending a… Read More
CBO: Tax Increase Fails to Solve Spending and Debt Crisis
While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just… Read More
Morning Bell: How to Balance the Budget in 10 Years
Both houses of Congress have now voted to suspend the debt ceiling until May 19, buying lawmakers more time to develop a budget. The Senate… Read More
Morning Bell: Obama’s Second Inaugural Address, Translated
Members of Congress—who are about to debate raising the debt ceiling tomorrow—should have paid attention yesterday. The President was very clear that he sees no… Read More
Will Debt Ceiling Baby Step Lead Toward a Balanced Budget?
The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from… Read More
