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Tag Archives: Spending cuts

Let Obama Leap Off the Fiscal Cliff Alone

Fiscal Cliff Cartoon Blog Version

The editorial cartoon on the left perfectly summarizes the political situation surrounding fiscal cliff negotiations. The lesson is Republicans will be blamed regardless. CNN and Pew Research Center polls show a majority of the public will blame the GOP if the country goes over the cliff, even if Speaker Boehner fetches coffee for Obama during negotiations and compliments Michelle on ...

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Distinguishing Leadership from Politicianship

Defendants await a ruling from the Prince William Co Human Rights Commission

The feds aren’t alone in dealing with budgets this time of year. Although “dealing” is somewhat generous, since Uncle Sam doesn’t have to balance his. Congress and the President are content to blame unforeseen circumstances — George Bush, climate change or a spontaneous reaction to an anti–Mohammed video — for causing deficit spending, while they wait in the ‘withdrawals only’ ...

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We can't cut the debt just by cutting spending…

The U.S. national debt can’t be trimmed by cutting spending alone. That is the illogical and easily-disproved lie circulating through the main stream media.  It’s a mantra that is repeated… over, and over, and over.  Considering that this claim is at the core of the current progressive demand for tax increases, it’s sad that only a handful of fiscal conservatives are ...

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McConnell: Obama Rejected Bi-Partisan Debt Proposal

Today, Mitch McConnell spoke out on the political games being played by the White House on the debt battle. While on the Senate floor, Senate Majority Leader McConnell said [emphasis mine]: The responsible path forward was clear to everyone – a plan that avoided default and required additional savings before any further increase in the debt ceiling. Leaders from both ...

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Harry Reid Set to Release “Foolish” Budget Plan

In May, Senate Majority Leader Harry Reid said that “There’s no need to have a Democratic budget in my opinion.” and that “It would be  foolish for us to do a budget at this stage.” The do-nothing Senate, led by Reid, has failed to do much of anything – useful or otherwise –  on the nation’s budget crisis. Apparently, that has ...

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Democrats Dumb Things Down Better Than Republicans

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. Chris Van Hollen (D-Maryland). Chris ...

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Cut, Cap and Balance [RSC Summary]

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 from now. Only permanent changes ...

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Obama: 80% Favor Balanced Approach [Fact Check]

Obama reiterated several times in this morning’s presser that 80% of voters favored a balanced approach to the debt problem. The President’s idea of a balanced approach is equal tax hikes and budget cuts. Unfortunately, there isn’t a single poll to support his delusion. A Rasumussen Report poll indicates that only 45% would favor tax increasese in the debt ceiling ...

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McConnell: Obama is the Problem in Debt Fight – the People Agree

In a Wednesday Senate speech, Mitch McConnell (R-KY) signaled what most Americans are thinking – Obama is the real obstacle to a budget deal. The Senate Minority leader said, “After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is probably unattainable.” As the ...

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Cut Cap and Balance [Full Text]

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. BLUNT, Mr. BOOZMAN, Mr. COBURN, ...

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If Not Now, When?

The debt ceiling is coming! The debt ceiling is coming! Alarmist? Quixotic? Fear-mongering or Real? There are two perspectives in-play: the fiscal and the psychological. Fiscally – on a purely logical level – yes, it is that simple. The U.S. could service existing debt, defund Obamacare, and let a government shut-down occur while real cuts take place. Psychologically, it’s not ...

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