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 Tim Pawlenty’s hiring of Nick Ayers and the budget compromise that was reached on Friday night. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do | Read More »
While Obama was rubbing shoulders with noted bigot Al Sharpton, House conservatives have been working arduously to formulate a coherent budget and stave off the impending debt crisis. Earlier this week, Paul Ryan bravely offered the first steps toward achieving fiscal solvency and vitiating dependency on government. Ryan’s diligence has provided the groundwork for a debate among conservatives as to how best reinstate the ideals | Read More »
It really is amazing to me that Barack Obama is digging in his heels on the fluff of his budget. He has chosen to vote present on his own Deficit Commission’s report. He has chosen to vote present on entitlement reform. Obama gives a great speech. He says we need entitlement reform. But he is not willing to offer up actual reform. Paul Ryan did | Read More »
Paul Ryan, House Budget Committee Chairman, released his FY 2012 Budget proposal today. The comprehensive proposal includes plans for the way forward over the next decade. You can read an excellent and full analysis of it here. Former Speaker (I love saying that) Nancy Pelosi of course immediately set to whining and wringing hands over how the Ryan plan will cause people TO DIE!!!!1111 NancyPelosi: The #GOP Ryan | Read More »
The moment we have been anticipating has finally arrived. House Budget Committee Chairman has released his budget for FY 2012, along with his blueprint for tax and entitlement reform over the next decade. This budget proposal, which would cut $5.8 trillion from the CBO baseline over the next decade, is a mature and well balanced plan emanating from a city full of fatuous demagoguery. It is important to note | Read More »
DISCLOSURE: Repair_Man_Jack is a psuedonym for a person who works as a Civil Servant for the United States Federal Government. “A lot of people with budgetary responsibility are planning for a shutdown instead of for next year’s budget,” said Diane Breckenridge, who works in the office of the secretary of Health and Human Services. “It doesn’t add to the productivity of the government.” (HT: Washington | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca and Pejman Yousefzadeh to discuss Paul Ryan‘s budget proposal, plus Francis explains why the Fed loaned billions to foreign banks. 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 »
Today you are going to hear a lot about Paul Ryan and his budget deal. He has an op-ed in the Wall Street Journal previewing it. You can read that here. The budget proposal is a solid proposal of solid reform. I like what I see. But I also foresee real problems with it as a result. Let me first say the number you are | Read More »
Three things immediately leap out at me regarding this first look at the GOP’s long-term budget proposal: As Hot Air put it, everything’s apparently on the table. Everything. 6.2 trillion cut in spending over the next ten years*; 4.4 trillion cut from the deficit. Medicare/Medicaid/Social Security reform. An implicit promise of an end to ethanol subsidies. Defense cuts. Ending the bailout mindset. Top tax rates | Read More »
Promoted from diaries. – Moe Lane Full disclosure. I did not support Richard Nugent during the primary of 2010. I spoke out against him and supported Jason Sager. However he won. The voters spoke. Half-way between the primary and general election, we got to meet face-to-face and we buried the hachet like two adult men (or at least I did). I knew he was going | Read More »
Congressman Paul Ryan gets it exactly right concerning the Wisconsin legislators fleeing the state to avoid their duty to vote. I didn’t like the legislation that was moving through Washington the last two years — I didn’t like cap and trade, I didn’t like ObamaCare, I didn’t like the stimulus. But I didn’t walk out. We stayed and did our jobs. We voted, we tried | Read More »
Only in Washington can politicians get away with complaining about a government shutdown, while going on vacation for a whole week. Senate Democrats took to the air on Sunday to warn the American people about a government shutdown on March 4th. They argued that the Senate may not agree to the House passed Continuing Resolution (CR), because the bill’s $61 billion in cuts to spending for the remainder of | Read More »
Here is the only piece you need to read about the House GOP’s budget cuts and how insignificant they are. House Budget Committee Chairman Paul Ryan (R.-Wis.) is filing a budget limit this week that would cut government spending by $32 billion starting March 5. The Appropriations Committee will use the new spending levels to determine specific government department cuts and write a new Continuing | Read More »
From the diaries by Erick When House Republicans rolled out the Pledge to Americalast fall, my first thought was, “Not exactly a roar here. More like a squeak.” Return spending back to 2008 levels? Ooohh, knock me over with a feather at the decisive nature of that one. Cut $100 billion from non-security discretionary spending in 2011? Wow. We’re how many trillions in debt and | Read More »
“We will put government on a path to a balanced budget and pay down the debt with a plan to … Cut government spending to pre-stimulus, pre-bailout levels saving at least $100 billion in the first year alone.” — A Pledge to America I was roundly attacked for calling the Republicans’ “Pledge to Nowhere” a lot of pablum. Guess what? I was right. The Republicans | Read More »
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