Tuesday afternoon, I had the opportunity to spend twenty minutes with Congressman Allen West (R FL-22) and ask him about the outcome of the debt-limit negotiations, the current state of the economy and U.S. foreign policy. Once the pleasantries were exchanged, we got right to the questions. Rich: Moody’s cut the U.S. economic outlook for 2011 [...]
Tea Party faithfuls are reminding Speaker Boehner that his seat as speaker is dependent upon him living up to their expectations. Expectations that the runaway spending in Washington will end under his leadership. Wearing t-shirts adorned with “Hold the Line” a large contingent of small-government activists held court at capitol hill on Wednesday. Their show [...]
The debt mess is a huge mess and a whole slew of people aren’t serious about cleaning it up. Yesterday, the non-partisan Congressional Budget Office (CBO) scored John Boehner’s plan and said that it only cut the deficit by about one trillion dollars over ten years. That same office scored Harry Reid’s plan and said [...]
Jon Hunstman is so far in the back of the GOP pack that by now he must be reaching the acceptance phase of the death of his campaign. That did not stop the Democratic National Committee from attacking him and the well-thought Cut, Cap and Balance plan at the same time. A DNC press release [...]
After having passed the House of Representatives this week, the Cut, Cap and Balance budget solution will be up for a cloture vote in the Senate on Saturday. The entirety of main stream media has already declared it dead – they may be wrong. The bill is being taken up in the Senate today and [...]
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The debt ceiling debate will most-likely become the GOP’s fault. Not because the lion’s share of spending is from Republican policies, but because Democrats are much better at speaking in generalities, obscuring facts and planting doubt. Rep. Jim Jordan, chairman of the Republican Study Committee, was on Fox News Sunday with Chris Wallace facing Rep. [...]
Economists agree that the U.S. will face a major debt crisis within the next few years. Erskine Bowles, the top Democrat on President Obama’s debt commission, calls this “the most predictable economic crisis in history.” One-time spending cuts will not be enough to avert the coming crisis. Neither will toothless promises of cuts 10 years [...]
Calendar No. 97 112th CONGRESS 1st Session S. 1340 To cut, cap, and balance the Federal budget. IN THE SENATE OF THE UNITED STATES JULY 7, 2011 Mr. LEE (for himself, Mr. TOOMEY, Mr. PAUL, Mr. DEMINT, Mr. JOHNSON of Wisconsin, Mr. HATCH, Ms. AYOTTE, Mr. BARRASSO, Mr. [...]
MINNEAPOLIS — Governor Pawlenty released the following statement today after being the first 2012 presidential candidate to sign the Cut, Cap, Balance pledge. “I am encouraged by this measure that underscores the dire need to cut spending and balance the budget. Like my economic plan, this pledge will serve to reverse decades of Washington’s fiscal [...]
