Tag Archives: Federal Budget

Let's Sequester (Or Brother Can You Spare a Nominal Dollar?)

Posted on November 17, 2011 by billmanzi

The Super Committee is coming down the stretch, with nary an agreement in sight. It should not come as a surprise, as the very formation of the Committee was an outgrowth of the inability of Congress to reach a deal … Continue reading →

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The Deal Is Made

Posted on April 9, 2011 by billmanzi

Speaker Boehner and Leader Reid announced a deal at 11:00 p.m.. last evening, averting a government shutdown. The deal, according to the Post, will cut over $37 billion from this years budget, will not give the Republicans the defunding of … Continue reading →

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The Undercard

Posted on April 5, 2011 by billmanzi

Budget talks between the Dems and Republicans for this fiscal year appear to be foundering, with a government shutdown on Friday appearing to be a distinct possibility. The President and the Speaker had dueling press availabilities today, and the tone … Continue reading →

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Tiptoeing By the Can

Posted on February 15, 2011 by billmanzi

The President submitted his budget yesterday, and it has received generally negative reviews. And from a deficit reduction perspective it should be criticized. The President, in the first move in what promises to be an interesting game of budgetary chess, … Continue reading →

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Republicans Come Up Short

Posted on February 3, 2011 by billmanzi

As predicted here last month the Republican majority in the House has run away from their first promise, to cut $100 billion out of this years budget. I hate to say I told you so, but I told you so. … Continue reading →

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The Deal is Struck- No Offsets For All

Posted on December 6, 2010 by billmanzi

The President announced tonight a deal on the extension of ALL of the Bush tax cuts with Republicans. The deal, predicted some time ago here, (November 6th) will extend for two years all of the Bush tax cuts while also … Continue reading →

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Deficit Reduction: Walking the Walk

Posted on November 2, 2010 by billmanzi

Republicans appear poised to take over the House of Representatives tonight, with a potential pickup of 50 plus seats. And while politics has been front and center post election governing is starting to creep into the conversation. Deficit reduction and … Continue reading →

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Deficit Reduction? Well Yes, But Maybe No.

Posted on August 20, 2010 by billmanzi

The Wall Street Journal has written a story about the subject garnering a lot of press these days, the deficit. And there are plenty of stories that run directly off the question of how to deal with the deficit, principally … Continue reading →

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Release Federal Money ASAP

Posted on August 10, 2010 by billmanzi

The President spoke on the $26 billion bill just passed by Congress to send additional money to state and local governments. I know that we will get some debate on the merits of the bill here (it is a rare … Continue reading →

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Social Security Takes a Turn for Worse

Posted on March 29, 2010 by billmanzi

The Social Security Trust Fund appears to be on course to pay out in benefits more than it takes in this year, something that projections had estimated would happen in 2016. A recent New York Times article detailed the quicker … Continue reading →

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