budget deficit

Debt ceiling: Budget Deal Doesn’t Cut Spending 0
- August 2, 2011
“Rs & Ds have come together on a ‘historic’ budget deal that … [the] Washington Post’s lead story calls the cuts ‘sharp’ and ‘severe.’ However, the budget deal doesn’t cut federal spending at all. The ‘cuts’ in the deal are only cuts from the CBO ‘baseline,’ which is a Washington construct of ever-rising spending.” – Chris Edwards, Cato
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The U.S. Budget Situation is Worse than Even You Imagined 0
- March 12, 2011
Last week, Senator John Kerry (D.-Mass) was unhappy with a Republican plan to cut as much as $61 billion out of the federal budget. “I think it’s an ideological, extremist, reckless statement,” Kerry said of the plan. I hadn’t kept up on all the numbers recently, so I took a look at President Obama’s 2012
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ObamaCare Repeal Won’t Add to the Deficit 0
- January 24, 2011
How, then, does the ObamaCare health control law magically convert $1 trillion in new spending into painless deficit reduction? It’s all about budget gimmicks, deceptive accounting, and implausible assumptions used to create the false impression of fiscal discipline.
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“Don’t say the “the law will reduce costs and deficit.”0
- August 23, 2010
“Don’t say the “the law will reduce costs and deficit.” This is the last line on the final slide of a presentation given during a conference call organized by Families USA, a strong supporter of the health control legislation, HR 3590. Reports Ben Smith at Politico: Key White House allies are dramatically shifting their attempts […]
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