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  • President's Budget Charts Path to Debt and Decline
    February 13, 2012 - The President has not merely ducked from our fiscal and economic challenges, but—with his fourth straight budget flop—he has advanced policies that dangerously accelerate the crisis before us. His gimmick-filled budget fails to reduce the fast-rising debt, permanently entrenches unsustainable levels... More
  • CBO Confirms Federal Workers Enjoy Advantages Over Private Sector Counterparts
    January 30, 2012 - Earlier today, the Congressional Budget Office (CBO) released a study confirming the differences in compensation between federal government employees and their private-sector counterparts. While millions of Americans continue to struggle with stagnant wages and high unemployment, government bureaucr... More
  • The Budgetary Impact of H.R. 3835
    January 30, 2012 - The House is currently considering the passage of H.R. 3835, legislation introduced by Rep. Sean Duffy (WI-07), which would freeze federal civilian employees’ and Members of Congress’ pay. A similar provision was included in previous House Republican efforts to extend the payroll tax, in which the p... More
  • President Obama’s Missed Budget Deadlines
    January 27, 2012 - The Budget and Accounting Act of 1921 requires the President to submit his budget request for the upcoming fiscal year no later than the first Monday of February. Earlier this week, the Obama administration announced that for the third time in four years it will not adhere to this legal deadline. Th... More
  • Middle Class Tax Relief and Job Creation Act of 2011
    December 9, 2011 - Budget Impact H.R. 3630 extends the payroll tax holiday, reforms and extends unemployment insurance benefits, and provides for a two-year extension of the Medicare “doc fix.” The bill is fully offset over a ten-year period based on Congressional Budget Office estimates. The table below shows the bud... More
  • A Deeper Look at Income Inequality
    November 17, 2011 - KEY POINTS: The question for policymakers is not how best to redistribute a shrinking economic pie. The focus ought to be on increasing living standards, expanding the pie of economic opportunity, and promoting upward mobility for all. Conventional wisdom on government’s role in inequality often has... More
  • FACT SHEET: The Optimist’s Guide to Repeal and Replace
    September 27, 2011 - The Problem: According to the CBO, spending on Medicare and Medicaid is pulling America towards a debt-fueled economic collapse and, unless reformed, the programs will implode, thus depriving the neediest in our society of a crucial safety net. Moreover, the President’s healthcare law has made thin... More
  • The Empty Promise of Green Jobs
    September 22, 2011 - In the fall of 2008, then-candidate Barack Obama made a campaign promise to jumpstart the economy with an influx of green jobs. “We’ll invest $150 billion over the next decade and harness private efforts to build a clean-energy economy,” he said. This expenditure of taxpayer dollars, averaging $15 b... More
  • Credibility Deficit Widens with President’s Third “Budget” in Seven Months
    September 21, 2011 - In the span of seven months, President Obama has offered three different budget plans for the federal government. He offered an actual budget in February, a budget “framework” in April, and yet another tax-and-spend plan this past week (more spending in the “American Jobs Act”; more taxes in a new p... More
  • In Speech on U.S. Credit Downgrade, President Proposes to Add $250 Billion to the Deficit
    August 9, 2011 - Yesterday, the President gave another speech on the budget. His remarks addressed the recent downgrade by Standard and Poor’s (S&P) of the U.S. Government’s credit rating, and he called for additional reductions in deficits and debt. Towards the end of that speech, the President mentioned three ini... More

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