The Supercommittee of Super Insanity

By: Daniel Horowitz (Diary)  |  November 16th at 08:04 AM  | 

As the tumultuous year of 2011 winds down, Congress will be facing a number of crucial budget deadlines.  Aside for the supercommittee deadline to find $1.2 trillion in deficit reduction (over ten years), they must contend with the December 31 expiration of three provisions of the 2010 tax extenders deal; payroll tax cuts, unemployment benefits, and ethanol subsidies.  Now the Washington Post is reporting that | Read More »

Senator Coburn: The Agony of a Pragmatic Conservative Amidst Inflexible Liberals

By: Daniel Horowitz (Diary)  |  November 15th at 08:00 AM  | 

Senator Tom Coburn released a report, Subsidies of the Rich and Famous, detailing a list of subsidies, transfers, and “tax breaks,” that are paid to individuals with Adjusted Gross Income (AGI) of over $1 million.  The report found that millionaires have received at least $9.5 billion in “government payments” since 2003 and $113.7 billion in “tax breaks” since 2006.  Accordingly, Coburn concludes that many of | Read More »

Bipartisan Big Spenders Appointed to Conference Committee for Spending Bills

By: Daniel Horowitz (Diary)  |  November 3rd at 09:02 PM  | 

After dithering for almost three years without a budget, Democrats are in a hellfire rush to finish all of the 12 annual appropriations bills.  Unfortunately, Republicans leaders are in such a hurry to bury the hatchet on spending fights, they are willing to void all of the House-passed bills, in return for bipartisan conference reports.  These conference committee versions – chock full of Senate Democrat amendments | Read More »

The CBO Has Been Occupied by OWS’s Intellectual Inequality

By: Daniel Horowitz (Diary)  |  October 28th at 10:43 AM  | 

One fundamental liberal desideratum is the achievement of equal results at the expense of equal opportunity.  Conservatives believe in implementing policies that protect our God-given rights, which provide every human being with an equal opportunity to succeed.  Liberals reject policies that foster unfettered equal opportunity because they invariably produce unequal results, being that human beings have different talents, capabilities, work ethic, and luck.  On Tuesday, | Read More »

Barack the $15 Trillion Man

By: Daniel Horowitz (Diary)  |  October 24th at 10:30 AM  | 

Amidst the hype concerning the so-called era of austerity and budget cuts, the national debt is rapidly marching towards the $15 trillion milestone.  As of late last week, the national debt stood at $14.94 trillion.  For those of you keeping score, that number has grown by $646 billion since the debt ceiling was raised on August 2, as part of the great bipartisan Budget Control | Read More »

The Handouts in the Tax Code that Nobody Wants to Discuss

By: Daniel Horowitz (Diary)  |  October 5th at 02:39 PM  | 

For years, Democrats (and Republicans) have surreptitiously created dependency by manipulating the tax code.  Liberals often refer to handouts as tax cuts, and tax cuts as handouts to the rich.  To that end, they have perpetuated a travesty in which millions of people are able to obtain welfare payouts without ever applying for them.  Most people don’t even realize that they are receiving handouts because | Read More »

The Bipartisan Social Security Demagoguery Must End Now

By: Daniel Horowitz (Diary)  |  September 22nd at 01:02 PM  | 

The recent Social Security demagoguery that has been propagated by Mitt Romney and other big-government apologists is truly repugnant.  Accusing those who desire to preserve and expand personal retirement – of eliminating Social Security for seniors is akin to an arsonist blaming firefighters for fanning the flames.  It was the very big-government statists like Romney who obfuscated and corrupted the original intent of Social Security; | Read More »

Republicans Should Stop Reauthorizing Stuff they Denounced

By: Daniel Horowitz (Diary)  |  September 19th at 12:16 PM  | 

There is an old adage that defines insanity as “doing the same thing over and over again but expecting different results.”  What’s worse than insanity is hypocritical insanity, which may be defined as doing the same thing that your opponent did over and over again, while expecting different results.  Unfortunately, that is an apt description of the House GOP leadership of late. During the 2010 | Read More »

We the People: A Constitutional Republic, Not a Democracy

By: Daniel Horowitz (Diary)  |  September 16th at 07:57 AM  | 

Today, we celebrate the 224th anniversary of the signing of the United States Constitution (September 17 falls out over the weekend this year).  On this day, it is imperative that we reflect on the importance of our constitution and celebrate the roots of our founding.  As our nation comes under attack from the forces of tyranny within, we must reaffirm our commitment to the ideals | Read More »

Obama’s Fuzzy Stimulus Math

By: Daniel Horowitz (Diary)  |  September 8th at 08:50 PM  | 

Let’s forget the fact that Obama’s entire Stimulus 10.0 is a counterintuitive proposal that doubles down on the very failures that precipitated this speech.  Let’s also disregard the fact that enshrining unemployment insurance as a permanent handout will perpetuate unemployment.  And more union-induced, short-term money drops on infrastructure will do nothing but stimulate traffic jams.  Let’s focus purely on the very numbers that the administration | Read More »

Illegal Aliens Receive $4.2 Billion in Additional Child Tax Credits

By: Daniel Horowitz (Diary)  |  September 2nd at 01:49 PM  | 

Throughout the entire debt ceiling imbroglio, Democrats incessantly regurgitated the talking point about the need for “a balanced approach.”  They were so uniform and synchronized that they sounded like the sheep in Animal Farm.  Ironically, their idea of a balanced approach was singularly focused upon Oil Company and corporate tax deductions, which are negligible compared to the crushing debt.  The targeted oil tax deductions would | Read More »

The Entitlement Leviathan in Numbers

By: Daniel Horowitz (Diary)  |  August 22nd at 12:32 PM  | 

Immediately prior to breaking for the August recess, Congress passed a bipartisan agreement to cut spending.  Well, sort of. Leaders in both parties got together to do something evil and stupid; they agreed to the largest increase in the debt ceiling, without solving our debt problem.  They cut discretionary spending by $6.67 billion for FY 2012, from $1.0497 trillion to $1.043 trillion.  That’s a bit | Read More »

The Food Stamp Party is Stimulating Poverty

By: Daniel Horowitz (Diary)  |  August 17th at 12:44 PM  | 

The loss of jobs is only half of the result of the government interventionist equation.  The other casualty of an economy driven by taxation, regulation, litigation, subsidization, monetary intervention, and debt is the crippling cost of living for all Americans.  [Yes, I was about to say middle class, but we would be wise to eradicate that sort of socialist innuendo from our vernacular.] Earlier today, the | Read More »

GOP Must Hold the Line Against Obama’s ATM Politics With Free Trade

By: Daniel Horowitz (Diary)  |  August 16th at 12:56 PM  | 

As Obama travels through America’s heartland on his teleprompter tours bus, he is touting a new plan to create jobs.  While he has offered few specifics thus far, Obama is calling for the ratification of the free trade agreements (FTAs) with Columbia, Panama, and South Korea as vehicles for job creation.  The rest of his jobs (killing) plan will be released at some later date, | Read More »

9 Reasons to Oppose Boehner 4.0 Debt Deal

By: Daniel Horowitz (Diary)  |  August 1st at 12:01 PM  | 

1) Obama gets his full lifeline, long-term debt limit increase that will take him beyond the election ($2.1-2.4 trillion), without making any transformational concession.  There is no realistic roadmap to entitlement reform; not a single agency or program, domestic or mandatory, will be eliminated; Obamacare is off limits; there will be no balanced budgets, ever.  We will still add trillions more to the debt over | Read More »