News
Online Chat on the Super Committee
The Super Committee failed to meet its Thanksgiving to cut $1.2 Trillion from the federal budget. Now what? Click here to join our live “Lunch… Read More
Supercommittee Failed, and Spending Is Still the Problem
Tax hikes were the focal point of the contentious, failed supercommittee negotiations designed to reduce the national debt by at least $1.2 trillion. Democrats wanted… Read More
Super Failure: No Spending Cuts, and the Debt Keeps Rising
With the failure of the super committee to recommend at least $1.2 trillion in deficit reduction, Congress’s latest attempt at budget control has collapsed. There… Read More
Congress: You Must Still Do Your Job, Supercommittee or Not
The congressional Joint Select Committee on Deficit Reduction, called the Supercommittee, announced today that it has failed to meet its statutory duty to recommend deficit… Read More
Super Gimmick: How to Spend Non-Existent War ‘Savings’
In 1969, as President Nixon’s Domestic Policy Council sought ways to spend the forthcoming “peace dividend”—savings projected from the wind-down of the Vietnam War—council members… Read More
Where Can Congress Find Room to Cut? Look to Obamacare.
Where can Congress’ “super committee” find its $1.2-trillion target in savings? The answer is hidden in plain sight. The money could come from Obamacare, to… Read More
EconomyNews
Morning Bell: America’s $15 Trillion Nightmare
This week, the U.S. national debt clock hit a nightmarish milestone: a record $15 trillion. Words can’t even begin to describe the scope of borrowed… Read More
Supercommittee Dithers on Tax Hikes – But Where are the Spending Cuts?
What’s a supercommittee to do? Total national debt just hit a new record at $15 trillion, an increase of approximately $700 billion since the Supercommittee’s… Read More
72 Representatives Know What America Needs, and It Is Not a Tax Hike
Seventy-two Members of the U.S. House of Representatives, including Representatives Patrick McHenry (R-NC) and Jim Jordan (R-OH), have joined 33 U.S. Senators in standing tall… Read More
America Hits $15 Trillion of Debt
Yesterday, the United States hit an unsavory milestone–$15 trillion in total national debt. Unfortunately, the number shouldn’t have come as a surprise. America’s debt has… Read More
