Via Glenn Reynolds, ladies and gentlemen: your tax dollars at… actually, “waste” doesn’t have the right connotation of “bizarrely surreal.” Essentially, Democratic legislators have mainstreamed the antiwar Left’s Giant Puppet People by bringing the cartoon aardvark Arthur to a budget discussion. Now, here’s the thing: I try to regulate what my kids watch. I’m assisted in this by the fact that my wife is, frankly, | Read More »
So President Obama believes the U.S. economy is still in the game-playing stage does he? It’s certainly the way the Democrats act right now–that the economy is fine enough that they’re willing to play a game of political chicken. These are the same folks who brought a comedian to testify to Congress. These are also the same people who lost in November. No one believed | Read More »
This is what we’re looking for from the freshmen class: Rep Mick Mulvaney of South Carolina’s fifth district points out what many are starting to realize: These numbers just aren’t realistic. Mulvaney alleges results oriented accounting and said that the President’s budget is “not a credible document.” Mulvaney says “two years ago he told us the deficit this year would only be $900 billion dollars in his | Read More »
President Obama offers deficit reductions of a woefully inadequate $400 billion over ten years as he continues his ”trillion-dollar deficits for years to come.” In this week’s edition of his, or rather “Your Weekly Address,” President Obama claims he is ”proposing a new budget that will help us live within our means”: My budget freezes annual domestic spending for the next five years – even on programs I | Read More »
Congressional Republicans are breaking their pledge to cut spending “right now, not next year, but now.” Yet, the editors of National Review today, while swooning over the latest budget proposal of Paul Ryan (R-WI), lauded the House GOP for an “actual honest-to-God reduction in federal outlays of $32 billion.” How about we take a look at this with an honest-to-God perspective and the ability to | Read More »
(H/T: AoSHQ) Considering that there is a projected deficit of 1.5 trillion dollars, you might think that the White House might start taking the idea of spending cuts seriously. You would be wrong: the Budget Office has released the President’s proposed 2012 budget, and they involve a paltry 775 million in spending cuts. That would be .05% of the total deficit. Not five percent; point-oh-five | Read More »
Newark Star-Ledger columnist Tom Moran has an op-ed today that very well may be the most disingenuous editorial thus far written on New Jersey Governor Chris Chrtistie. Titled “The Anatomy of an $11 Billion Myth in New Jersey,” The piece makes wildly inaccurate claims about Christie’s fiscal year 2011 budget, falsely alleges that Christie has made false claims about his budget, and attempts to pin | Read More »
Promoted from the diaries by Dan Spencer. “We will roll back government spending to pre-stimulus, pre-bailout levels, saving us at least $100 billion in the first year alone,” plainly reads a section now under much scrutiny in the House Republican’s ‘A Pledge to America.’ It was a section that was written by the now Majority Whip, Rep. Kevin McCarthy of California’s 22nd district. Unfortunately an | Read More »
The United States of America keeps the United Nations afloat. In 2009 we were assessed 22% of the budget of the UN, and paid out slightly under 24% of what was collected, thanks to the Tax Equalization Fund system*. So in practice we paid about a quarter of the UN budget. Without us, the UN has to do some serious belt tightening. So if we’re | Read More »
Do deficits matter? The Obama Administration has been in something of a quandary lately as to whether to primarily emphasize its plans to spend more taxpayer money as “stimulus” or to paint itself as fighting against deficits. The former has the advantage of looking like the White House is doing – or trying against GOP opposition to do – something about the economy and its | Read More »
At Tuesday’s Republican Leadership press conference, I said the following: “When I hear the President and Speaker Pelosi talking about budgets, it reminds me of a character from Popeye’s cartoon, Wimpy. He always said, ‘I’ll gladly pay you tomorrow for a hamburger today’…. The ‘Wimpy philosophy’ toward budgeting has resulted in a wimpy economic recovery.” You can watch the full video and read a transcript | Read More »
There was a USA Today story the other day that taxes in the United States are ridiculously low now. The basic gist of the story, pushed by leftwing groups who want everyone to bow down and face Washington for its “gifts” — never mind that it is your money to begin with — is that there is no conceivable way anybody in their right mind | Read More »
George Soros, MoveOn.org, the SEIU, the unions, and Barack Obama’s other supporters are pouring millions into the effort to put pressure on swing Democrats to support the Obama budget. Apparently their money is being wasted: Aides to moderate Senate and House Democrats being targeted by ads and e-mail campaigns said their offices have fielded a relatively light volume of telephone calls, especially in comparison to | Read More »
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