House Republicans Announce $74 Billion in Cuts

By: Nick Ottens (Diary)  |  February 3rd at 06:53 PM  | 

House Republicans announced Thursday that they will cut $74 billion from the president’s budget for the current fiscal year. Just $32 billion will be slashed before the end of the calendar year however—far less than the $100 billion Republicans promised ahead of November’s congressional elections. According to Wisconsin Republican Paul Ryan, who chairs the House budget committee, it’s just a start. “The spending limit measure | Read More »

Rand Paul, Making Sense on Taxes

By: Nick Ottens (Diary)  |  July 18th at 10:04 AM  | 

Unlike the president, Republican Senate candidate Rand Paul of Kentucky understands what tax increases would mean for the still struggling US economy. “If there is any one thing that could push us from a recession into a depression possibly,” he warned last Saturday, “it would be a large tax increase.” President Obama lambasted Republicans in his Weekly Address yesterday for supposedly making an ideological stand | Read More »