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 […]
Twelve Adults and the CBO: How many adults in the room?
September 13, 2011 by Daniel Burton
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 […]
Here are the facts: you decide what they mean.
June 30, 2011 by Daniel Burton
Filed Under: Fiscal Reform, healthcare reform Tagged With: deficit, federal debt, Government, Gross domestic product, reality is not negotiable, Republican Party (United States), Washington Post
The answer to why Americans are OK with more spending
January 27, 2011 by Daniel Burton
Yesterday, just before the State of the Union speech, I had an insightful conversation with a family member. This person is taking his first class in political science, something like a Polisci 101 class. He called me to ask some questions for an assignment he was working on. “What does ‘non-security, discretionary spending’ mean,” he […]
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