CBO Figures Once Again Prove Tax Hikes Unnecessary to Fix Budget
The Congressional Budget Office (CBO) just released its long-term outlook for the federal budget. As expected, we are going broke slightly faster than we were… Read More
The Congressional Budget Office (CBO) just released its long-term outlook for the federal budget. As expected, we are going broke slightly faster than we were… Read More
Treadmills for shrimp and poetry in zoos. The AARP recently decried these examples of government spending as part of a recent TV campaign against Medicare… Read More
Many of the freshmen serving in the 112th Congress were elected last November riding a wave of Tea Party activism, fueled in part by frustration… Read More
House Republicans are now pledging to reduce fiscal year 2011 discretionary spending to $100 billion below President Obama’s original request. As reported, this new budget… Read More
House Budget Committee chairman Paul Ryan (R–WI) has released a fiscal year (FY) 2011 budget target. This target—302 allocation in budgetary parlance—was necessary since the… Read More
New York Governor Andrew Cuomo (D) promised during his campaign that he would balance the Empire State’s budget without increasing taxes or borrowing. Left untouched,… Read More
The new Congress has made spending reduction a priority. This week, Members are getting to work on that promise. Yesterday, by a vote of 245–189,… Read More
On March 16, 2006, when our national debt stood at $8.27 trillion, a young Senator from Illinois announced his intention to vote against raising our… Read More
In advance of today’s vote on the National Commission on Fiscal Responsibility and Reform’s report, there has been increased attention on the nation’s fiscal health… Read More
Last week, the co-chairs of the President’s deficit commission released a report of possible proposals for the commission’s final report. Recommendations included cuts to discretionary,… Read More
