The Boehner Plan: Phony Cuts, Slimy Procedures, Dangerous Ignorance

    The main problems with the Boehner proposal are: Most of the initial $1.2 trillion of discretionary cuts are (1) from defense, or (2) are phony, out-year, and easily avoided. The compensatory immediate $1 trillion increase in the debt limit is, on the other hand, very real. Even worse, however, the notion of giving a Reid/Pelosi/McConnell/Boehner-appointed commission the power to devise non-filibusterable, unamendable tax increases (or, | Read More »

    The Boehner Plan: Phony Cuts, Slimy Procedures, Dangerous Ignorance

    The main problems with the Boehner proposal are: Most of the initial $1.2 trillion of discretionary cuts are (1) from defense, or (2) are phony, out-year, and easily avoided. The compensatory immediate $1 trillion increase in the debt limit is, on the other hand, very real. Even worse, however, the notion of giving a Reid/Pelosi/McConnell/Boehner-appointed commission the power to devise non-filibusterable, unamendable tax increases (or, | Read More »

    A Timely Lesson From History

    As our country approaches the hour of decision on raising the federal government’s debt limit, several conservative sources have offered different plans to prevent the national government bankruptcy that every sensible person knows is inevitable unless major systemic changes are made.  If some systemic changes are made in connection with raising the debt limit, those changes will, at best, “kick the can down the road,” | Read More »

    Thirty Problems with the “Gang of Six” Proposal

    Analyzing the six-page “Gang of Six” proposal for rewriting the federal budget is like measuring a bucket of water by holding the water in your hands. Having said this, it looks like Coburn, Crapo, and Chambliss got their clocks cleaned.

    Thirty Problems with the “Gang of Six” Proposal

    Analyzing the six-page “Gang of Six” proposal for rewriting the federal budget is like measuring a bucket of water by holding the water in your hands. Having said this, it looks like Coburn, Crapo, and Chambliss got their clocks cleaned.

    Pop Goes the Weasel

    Those of you who have read my pieces in the past know that I was pushing for congressional Republicans to fight for deficit reduction on the continuing resolution.  This didn’t happen. Instead, explained the GOP, (1) it would be so much easier and risk-free to use the debt limit, and (2) besides, they were about to unveil a budget which would be widely applauded because | Read More »

    Pop Goes the Weasel

    Those of you who have read my pieces in the past know that I was pushing for congressional Republicans to fight for deficit reduction on the continuing resolution.  This didn’t happen. Instead, explained the GOP, (1) it would be so much easier and risk-free to use the debt limit, and (2) besides, they were about to unveil a budget which would be widely applauded because | Read More »

    Why McConnell’s Plan Is Bad for America

    Senate Minority Leader Mitch McConnell’s politically motivated plan to raise the debt limit “does nothing for the good of the country,” according to The Heritage Foundation’s David S. Addington, who outlined the think tank’s concerns on The Foundry this afternoon. “The McConnell Plan would put America deeper into debt and achieves nothing toward the vitally important objective of getting federal overspending and overborrowing under control,” | Read More »

    Why McConnell’s Plan Is Bad for America

    Senate Minority Leader Mitch McConnell’s politically motivated plan to raise the debt limit “does nothing for the good of the country,” according to The Heritage Foundation’s David S. Addington, who outlined the think tank’s concerns on The Foundry this afternoon. “The McConnell Plan would put America deeper into debt and achieves nothing toward the vitally important objective of getting federal overspending and overborrowing under control,” | Read More »

    AIM: REUTERS runs story on “Conflicted” Republicans they fail to quote

    AIM on Facebook | Twitter From Accuracy in Media‘s Michael Watson: Reuters published a story on the latest round of debt ceiling negotiations between Congressional Republicans and President Obama in which Reuters argued that “President Barack Obama and top Republicans faced growing pressure at home and abroad on Thursday to stop deficit talks from spiraling out of control and sending shock waves through the global | Read More »

    Did BHO just privatize Social Security?

    The Takeaway, or 30-second pitch: If the government can’t guarantee your tiny Social Security payment, shouldn’t you be able to invest that money yourself and make twice as much, ten times as much as Social Security? The Social Security Trust Fund is empty. Congress started raiding it in the 1950s and has spent all that money. Today’s workers’ Social Security taxes pay today’s retirees’ payments. | Read More »

    McConnell Sell Out.

    Just had that feeling… I wrote about it yesterday… I’ve learned to trust my inner genie. The Senate Republicans have attempted to usurp the more than 70% of the American people and the Republican dominated House, whose stubborn refusal to cave to the pressure of the Republican establishment and do another sell-out compromise with the statists of the Obama regime has resulted in Mitch McConnell’s | Read More »

    Read These Four Sentences

    From the diaries by Erick Barack Obama has taken a page from the Clinton playbook, and is threatening to cut social security if a deal is not reached to extend the debt limit. Social security and interest on the debt are, collectively, less than half of the revenue stream which would continue to come into the government, even if the government couldn’t borrow a penny. | Read More »

    Read These Four Sentences

    From the diaries by Erick Barack Obama has taken a page from the Clinton playbook, and is threatening to cut social security if a deal is not reached to extend the debt limit. Social security and interest on the debt are, collectively, less than half of the revenue stream which would continue to come into the government, even if the government couldn’t borrow a penny. | Read More »

    The Drunk On The Beltway: Two Obama Tricks That Are Going To Clean Boehner’s Clock

    From the diaries by Erick Watching House Speaker John Boehner and Senate Republican Leader Mitch McConnell negotiate with Barack Obama is like watching a drunk try to run across the Beltway. Whether it’s ObamaCare, the financial reform bill, the Kagan nomination, the disastrous Lame Duck agenda, the Senate rules battle, the pathetic “continuing resolution deal,” or the current debt limit fight, you know both of them | Read More »