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Tag Archives: federal budget reforms
How to Deal With the Sequester? Another Sequester!
A Politico story (that didn’t seem to catch any attention) wrote about how Congress may deal with the sequester that has come about due to the failure of the so called Super Committee established by Congress after the last debt … Continue reading
The Ryan Proposal
Once again Paul Ryan has produced a “budget” for the U.S. House, taking aim at entitlement spending and claiming (again) to be making the tough choices that President Obama and the Democrats refuse to make. Does he hit the mark? … Continue reading
Posted in National News
Tagged federal budget reforms, federal deficit, Rep. Paul Ryan
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Failure
So the Super-Committee, as predicted, has failed. Another example of the lunacy that passes for governance in Washington these days. Let us see how long it takes for Congress to try to water down the automatic “cuts” required by the … Continue reading
Super-Committee Not So Super
The Super-Committee of Congress, formed after the battle over raising the federal debt ceiling, appears very close to failure (to achieving the goal of $1.2 trillion in deficit reduction). Under the deal struck at the time of the debt ceiling … Continue reading
Deal of the Century!
And so the debt ceiling crisis comes to an end, with both sides screaming bloody murder and claiming that all sorts of nastiness will flow from this agreement. Seems to me like much ado about nothing. Conservatives are crowing that … Continue reading
The Balanced Budget Amendment Fraud
The Speaker finally managed to get a bill through the House yesterday, being forced to add language that would force a “balanced budget amendment” through Congress before a second, and necessary hike in the debt ceiling. Naturally the Senate rejected … Continue reading
The Return of the Washington Six
The news media, looking for any sign of breakthrough in debt ceiling talks, has managed to latch on to the much hyped return of the “Gang of Six”, with a new plan to achieve about $3.7 trillion in deficit reduction … Continue reading
The Coburn Plan
Senator Tom Coburn has unveiled a plan that calls for a $9 trillion cut in the federal deficit, with deep cuts to federal programs and major changes to entitlements, but also calling for a major revamp of the tax code … Continue reading
Stockman Takes Washington to Woodshed
David Stockman, the Reagan OMB Director, wrote a column for the New York Times over the weekend in which he plainly lays out the games that are being played by Dems and Repubs on solving the budget deficit. He takes … Continue reading