President Obama’s State of the Union address was in trouble hardly after it began when he said that “we can say with renewed confidence that the state of our union is stronger.” Economically, that’s hardly believable, with a $16.5 trillion national debt and annual budget deficit topping $1 trillion for the fourth consecutive year. Neither […]
Is the union stronger? [Contributor]
February 20, 2013 by Rhett Wilkinson
Filed Under: Speeches Tagged With: Affordable Care Act, Barack Obama, Congressional Budget Office, Mitt Romney, Patient Protection and Affordable Care Act, SOTU, State of the Union
Twelve Adults and the CBO: How many adults in the room?
September 13, 2011 by Daniel Burton
The much ballyhooed Congressional Joint Select Committee on Deficit Reduction–aka the “supercommittee”–was supposed to hear a history of the debt crisis today. You can imagine how well that was going to go over. Partisans from both sides were prepared, I’m sure, to lay blame for the federal government’s fiscal problems at their opponents feet. “It […]
Filed Under: Fiscal Reform Tagged With: Barack Obama, Congressional Budget Office, deficit, Douglas W. Elmendorf, John Kyl, Joint Select Committee on Deficit Reduction, Republicans, Supercommittee
This isn’t the hope you were looking for…
July 8, 2011 by Daniel Burton
Debt, debt, debt… It seems debt is all the rage in Washington these days, and with good reason. The federal government only stays open on debt, and unless Congress and the President can agree soon, we’ll hit that limit and…well, who knows what will happen next. Originally, negotiators were looking at a deal to cut deficits […]
When is $100 billion not enough?
March 18, 2011 by Daniel Burton
When it’s non-security discretionary spending cuts from the budget. That’s when. Then it’s just not solving the problem. It’s pandering for the press and for constituents. The problem, and all the talk Washington, is the deficit and getting it back to a manageable level. Republicans in an effort to keep campaign promises and reduce the deficit, are […]
Filed Under: Entitlement Reform Tagged With: Congressional Budget Office, Discretionary spending, entitlement reform, Federal Budget, federal deficit, Medicaid, Medicare, Paul Ryan, postaday2011, Social Security
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