Ryan Budget: A Good Start, but will it Matter?
The much-anticipated Ryan budget for FY 2013, which also contains a blueprint for the next ten years, has been released. The headline figures of the proposal include the following factoids: it will spend $5.3 trillion less than Obama’s plan and cut $2 trillion more in taxes over the next ten years; it will spend $4.15 less than CBO baseline; spending will be reduced from 24% | Read More »
Budgets Force Choices.
“A budget is values,” says Douglas Holtz-Eakin, former head of the Congressional Budget Office and an adviser to John McCain’s 2008 presidential campaign. “When you put together a budget, you display where you’re going to put the nation’s resources and what you care about.” (HT:Washingtonexaminer) Something went wrong with the universe after the Puerto Rican GOP Primary. Mitt Romney not only made an accidental relevant | Read More »
Kent Conrad’s Budget Folly
Paul Ryan is set to release the details of the House Republican budget resolution tomorrow. While liberals, conservatives, tea partiers, etc. will have plenty to say about the content of the budget, we must all acknowledge that Ryan has worked assiduously to formulate a coherent blueprint for a responsible budget. The same cannot be said for his counterpart in the Senate. Senate Budget Committee Chairman | Read More »
Geithner Admits Obama Has No Plan to Solve US Debt Crisis
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the deteriorating situation in Greece, Tim Geithner’s testimony before Paul Ryan, and Obama’s missing plan for debt reduction. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can | Read More »
Taking Newt Gingrich’s Ideas Seriously
Ideas don’t run for president; people do. That’s as true today as it was four years ago. So, it is understandable that much of the press and blog coverage of the 2012 GOP primary race has focused on the personalities, experience and record of the candidates rather than their ideas. In fact, until you know the candidates by their actions, you cannot meaningfully judge what | Read More »
Jon Huntsman Talks About Entitlement Reform, China and the EPA
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Governor Jon Huntsman to discuss entitlement reform, China, the EPA and more. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show. | Read More »
Comparing the Entitlement Reform Plans of the GOP Presidential Candidates
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech discuss the need for entitlement reform, Barack Obama’s government centered plan, and the solutions proposed by each of the Republican Presidential candidates. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at | Read More »
Congressman Paul Ryan explains pro-growth tax reform
Wisconsin Congressman, and Chairman of the House Budget Committee, released the following video this morning, in which he explains common sense ideas about pro-growth tax reforms that are fair, competitive, simple, and that have bipartisan support: It’s that simple.
Reid’s trillion dollar gimmick
Harry “the only compromise is mine” Reid’s so-called budget cuts are based on the false assumption that we would keep spending the same amount on operations in Afghanistan and Iraq for ten more years even though President Obama has already started to withdraw our troops. That’s right, the Reid plan is based on cutting spending that was not requested and will not be spent. Congressman | Read More »
The Unanswered Questions for GOP Leaders from Freshmen
Forget the tax issue or the timetable for a moment; any proposed “spending cut” deal that fails to slash funding for discretionary spending and welfare programs to pre-Obama levels, as proposed in Paul Ryan‘s budget, is worthless. As Congressman Dennis Ross (R-FL) tweeted earlier today, “debt “deals” that count on 10 years worth of spending cuts are the Mr Snuffleupagus of budget tricks. No one | Read More »
Congressman Paul Ryan Discusses a Debt Ceiling Deal, the Gang of Six and Fixing the Economy
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca and Congressman Paul Ryan to discuss the latest in the debt ceiling negotiations, the Senate’s Gang of Six plan, and the need to means test entitlement reform. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If | Read More »
Now That Possibly Drunk Rutgers Economist Susan Feinberg Is Sobered Up, She Has No Comment
This is the Susan Feinberg who probably was drunk — you hope she was drunk otherwise the words we’d have to use aren’t fit for a family site — when she decided to cause a scene at Bistro Bis in Washington, D.C. Feinberg, who we can also presume gets nuts when drinking or just can’t handle alcohol, stormed over to Paul Ryan and attacked him | Read More »
Paul Ryan: 20% tipper.
(Background here.) That’s pretty much the most important thing that you should take from neo-Puritan* Susan Feinberg’s decision to make a scene in a restaurant by accosting (drunkenly?) Rep. Paul Ryan‘s choice in alcoholic beverages (which he paid for on his personal card**): the man subscribes to the “20% is the new 15%” rule of tipping in this wonderful new economy that Reid, Pelosi, and | Read More »
Possibly Drunk Rutgers Economist Susan Feinberg Whines To Susan Crabtree Who Is Hard Up For A Story
What happens when a whiney drunk liberal economist runs to a whiney lefty former journalist hard up for a story of something on something to salvage her reputation? You get salacious nonsense like this from Talking Points Memo. Horror of horrors, a possibly drunk and possibly crazy left-wing economist Rutgers named Susan Feinberg, and her husband who she probably calls her partner, saw Representative Paul | Read More »
How the GOP Can Win Big This Primary Season
From the diaries by Erick Republicans have a unique opportunity in the 2012 election season–and it comes well before the general election against President Obama. The GOP can win with voters before it seeks to win the election by simply running the right candidates, and taking its rightful place as the party of ideas. That’s the real logic behind a run by Paul Ryan | Read More »