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  • A Trillion-Dollar Gimmick
    July 25, 2011 - “Why, one wonders, not ‘save’ $5 trillion by proposing to spend that amount to cover the moon with yogurt and then cancelling the proposal?” -George Will, Washington Post, March 12, 2009 Claim 1: “Winding down the wars in Iraq and Afghanistan will save $1 trillion.” Reality: The Reid plan relies on... More
  • The Gang of Six Budget Effort
    July 19, 2011 - Earlier today, a group of U.S. Senators (“Gang of Six”) released “A Bipartisan Plan to Reduce Our Nation’s Deficits.” The plan is not a budget. It is a set of talking points and graphs that outlines an ambitious proposal that has serious flaws but also the potential for worthwhile budget and tax ref... More
  • A Brief History of President Obama’s Fiscal Record
    July 15, 2011 - Despite newfound concern with the debt overhang stifling economic growth, President Obama’s record falls far short of his rhetoric. Let’s review the decisions made by President Obama and Congressional Democrats over the past couple of years, and the disappointing results of their policy choices: Jan... More
  • Actions Speak Louder Than Words
    July 15, 2011 - While President Obama has recently professed a newfound – and vague – desire to cut government spending, it’s useful to recall what the President has actually done since taking office in 2009. The President signed into law a massive spending spree that plunged us deeper into debt, and failed to deli... More
  • Senate Democrats’ Legal – And Moral – Abdication of Leadership
    July 8, 2011 - Today marks the 800th day that Senate Democrats last thought the federal government needed a budget. Senate Budget Committee Republicans put together a helpful timeline that documents this reckless budget failure. As House Budget Committee Chairman Paul Ryan and Senate Budget Committee Ranking Memb... More
  • The Debt Overhang and the U.S. Jobs Malaise
    July 7, 2011 - Nothing is more critical to today’s economy than restoring real job and business growth. Yet for almost three years, the U.S. economy has remained mired in a slow-growth, high-unemployment trap. The so-called “recovery” feels more like a malaise than a rebound. The incoming data in recent weeks pain... More
  • Budget Boondoggle Award
    The Train to Nowhere
    June 15, 2011 - Prompted by an influx of Federal “stimulus” funds, the State of California has committed to match Washington’s cash and spend $5.5 billion for an initial high-speed rail segment joining two towns in the sparsely populated Central Valley region – despite major uncertainties about the line’s viability... More
  • A Campaign Built on a Foundation of Falsehoods & Fear
    June 1, 2011 - In a web video last week, House Budget Committee Chairman Paul Ryan made clear: “Washington has not been honest with you about Medicare.” Nonpartisan, independent fact checkers agree. The President and his party’s leaders continue to use blatant falsehoods in attacking the House Republicans’ plan to... More
  • Deficits and Baselines: The President’s Budget and The Republican Budget
    May 24, 2011 - Since last December, when the President’s Fiscal Commission proposed roughly $4 trillion in deficit reduction, the figure has become a kind of de facto standard for measuring subsequent budgets; and in the past several months, House Republicans and the President have introduced fiscal plans that cla... More
  • The Path to Prosperity PRESERVES the Medicare Guarantee
    May 24, 2011 - The Path to Prosperity makes no changes to Medicare for those 55 and older, guaranteeing they will receive coverage when they become eligible. But I am younger than 55 – do your reforms mean I am no longer guaranteed Medicare? No. In fact, the opposite is true. The Path to Prosperity protects and p... More

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