Tag Archives: federal budget reforms

The Fiscal Door Opens Slightly

Well the sequester has hit and no major disaster has occurred. As those of you that read the blog know I have been very critical of Republicans for their no compromise position on fiscal issues. They continue to warrant that … Continue reading

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The Shrinking of Defense

Chuck Todd over at NBC has talked endlessly about the sequester, with today being no exception. He made some sense to me with his evaluation today, in which he said that nobody should be expecting a deal anytime soon. You … Continue reading

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Fiscal Truth and the Blame Game

So we are arriving at the sequester moment of truth, and the “spinning” from all involved has reached feverish pitch. Who is to blame, is there a “scare game” being run by the White House, whose idea was it to … Continue reading

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Sequester Blues

Just about all sides agree that Congress is a dysfunctional body, but that is where agreement ends. With both the sequester and the Continuing Resolution that funds the federal government staring us in the face there appears to be little … Continue reading

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A Balanced Budget Amendment With No Balanced Budget

The Republican House caucus recently conducted a members “retreat” to discuss many things, among which was their own dysfunction, what to do about the “debt ceiling”, how to deal with a President who keeps rolling them, and what to do … Continue reading

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Municipal Bond Tax Exemption at Risk

There has been plenty of talk about “tax expenditures” at both the federal and state levels, with all tax breaks under heavy scrutiny. One that has received a little attention, but deserves some more discussion, is the municipal bond tax … Continue reading

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How Would President Romney Deal With Fiscal Cliff?

A post without poll numbers? Will miracles never cease. A couple of days back I talked about what might happen if President Obama won re-election and was faced with decisions on the fiscal cliff. There has been plenty of talk … Continue reading

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Does Boehner Want to Go Over the Cliff if Obama Re-Elected?

As the elections come close we are all focused on the results, and on who might control the U.S. House and Senate, as well as the Presidency. If President Obama is re-elected the lame duck session of Congress will be … Continue reading

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CEO's Call For Budget Action to Battle Debt

A powerful group of big business CEO’s, under the leadership of Erskine Bowles and Alan Simpson, of Simpson-Bowles fame, has sent a letter calling for a solution to the debt and deficit problem in the United States. The letter calls … Continue reading

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No Time Left for You

Paul Ryan, in an appearance on Fox News Sunday, told Chris Wallace that he “did not have the time” to explain how the Romney tax plan was “revenue neutral”. In fact Ryan refused to even say what the number was … Continue reading

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