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The Perils of Rising Government Debt
May 27, 2010
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Just 2 years ago, the Congressional Budget Office [CBO] was projecting a U.S. Federal budget deficit of less than $250 billion in 2010, or 1.5 percent of gross domestic product [GDP], with a debt level just under the long-term historical average. Today, a budget deficit measured in billions seems al...
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H.R. 4213, The ‘Extenders’ Bill: An Update
May 27, 2010
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After a widespread backlash over its extravagant price tag, Democrats have created an illusion that their tax “extenders” bill costs less than earlier this week. In reality, however, they have made some provisions more generous, but simply shortened the “official” duration of the spending, while fur...
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Cut Spending Now
May 25, 2010
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Having shoveled out trillions of dollars in new spending and debt, House Democratic leaders now admit they cannot budget for all of it – and won’t even try. For the first time, the House will fail even to propose a budget. Instead the Democratic Majority will resort to an ad hoc, spend-as-you-go pro...
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Social Security’s Own Actuaries Confirm Ryan’s Roadmap Saves Social Security
April 27, 2010
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The non-partisan Office of the Chief Actuary for the Social Security Administration [SSA] released their official score of the Social Security provisions of A Roadmap for America’s Future. Earlier this year, House Budget Committee Ranking Republican Paul Ryan (WI) introduced an updated version of hi...
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Tax Day – And No Congressional Budget
April 15, 2010
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When Republicans faltered on budgeting in the past, Democratic criticism was severe, including a press release headline by then-Minority Leader Pelosi that read: “Republicans’ Inability to Pass a Budget Hurts America’s Children.” Today the echo of their words is deafening. While Americans scramble t...
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The Costly Consequences of Health Care 'Reform'
April 7, 2010
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The Democratic health care legislation enacted last week will enlarge government, increase Federal spending, deficits, and debt, and create a dependence on the Federal Government at odds with America's historic commitment to individual liberty and personal responsibility. It was muscled through Con...
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Minority Views:Health Care Reconciliation
March 18, 2010
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Through this grossly distorted process, the Democratic Majority will attempt to force onto the American public a sweeping government takeover of health care without a shred of bipartisan support, and in spite of opposition by a majority of the people Congress has been elected to serve. They will do ...
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The Relentless Growth of Government
February 2, 2010
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Much like last year, the President’s fiscal year 2011 budget presents a staggering contradiction to his recent rhetorical gestures toward “fiscal restraint.” It continues pursuing a “progressive” ideology that calls for ever-more centralized government control of the economy. It spends too much, tax...
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The President's Budget for Fiscal Year 2011
February 2, 2010
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Despite recent rhetoric of fiscal responsibility, the President’s budget more than doubles the debt, drives spending to a new record of $3.8 trillion in FY 2011, pushes the deficit to a new record of $1.6 trillion in FY 2010, and raises taxes by over $2 trillion through 2020 by the Administration’s ...
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