Tag: budget

Democrats call for new spending in US debt deal

6:15 pm

In negotiations over raising the debt limit Democrats are now calling for more stimulus spending.

These guys just don’t get it. We don’t have the money, the federal government is broke, and it was their out-of-control spending and complete lack of responsibility that helped create today’s economic mess.

The one thing that worries me most however is that the public might not get it yet either, and might not vote these bums out of office. If that happens, we are really screwed, in ways that most Americans today probably can’t imagine.

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Conservative lawmakers push for pledge cutting spending across the board, capping government spending, and requires a balanced budget amendment.

12:46 pm

Conservative lawmakers are coalescing behind a pledge to cut spending across the board while requiring a balanced budget amendment.

This story once again suggests to me that the political winds are definitely favoring big cuts in government spending. Woe to the politician of either party who ignores these winds.

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How the recently dissolved California Space Authority wasted millions of dollars in federal earmarks and grants

9:27 am

How the recently dissolved California Space Authority wasted millions of dollars in federal earmarks and grants.

Sadly, this story is typical of many quasi-public/private authorities, most of which have nothing to do with the aerospace industry. There is a lot of one hand washing the other, using money the federal government nonchalantly gives away as if it is water.

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NASA about to decide on its shuttle heavy-lift replacement

5:56 pm

NASA is about to decide on its shuttle heavy-lift replacement, and it looks like it will be almost entirely shuttle-derived.

As I have said previously, this rocket will almost certainly never fly. NASA has to start over after spending billions and years developing Constellation, and is being given less money and time to do it.

And even if I am wrong and this rocket does fly, I bet it will do only one flight and then be retired as too costly.

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Obama to announce plans to cut government waste

9:59 am

Obama to announce plans today to cut government waste.

Though I applaud any effort to reduce the federal government’s out-of-control spending, to me this paragraph suggested strongly how symbolic and superficial this announcement by Obama will be:

One of the campaign’s first steps will be targeting waste and duplication among federal websites. The administration will halt the creation of new websites, as well as shut down or consolidate one-fourth of the 2,000 government websites in the next few months.

For one thing, having an employee launch an extra website is hardly very costly, as you are already paying that employee’s salary. Will they be laying off these workers as well? I doubt it.

For another, shutting down websites is hardly a demonstration of transparency in government.

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House Trims Homeland Security Science Spending

7:29 pm

It’s a start: The House has trimmed the budget for the Homeland Security Agency by $1.1 billion, including a cut of about 75% from the Obama administration’s request for the agency’s science budget, ($398 million versus $1.2 billion requested). And of course, we don’t have to wait long to hear the pigs squeal:

DHS officials say the decrease in the directorate’s budget will wipe out dozens of programs, stalling the development of technologies for border protection, detection of bio-hazards, and cargo screening.

My heart bleeds.

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Social Sciences Face Uphill Battle Proving Their Worth to Congress

11:59 am

Some squealing from the journal Science: NSF faces uphill budget battle in Congress.

When he asked the witnesses for ideas on shrinking the government’s $1.6 trillion deficit, Mo Brooks (R-Alabama) [chairman of the research panel of the House of Representatives Science and Technology Committee] made it clear he was talking about possible cuts to NSF’s entire $7 billion budget, not simply its SBE directorate.

Note that in 2008 the NSF budget was a $6.1 billion. Cutting it back to that number would hardly destroy social science research in this country.

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House torpedoes unconditional hike to $14.3 trillion debt ceiling

10:08 pm

Good news indeed: The House tonight overwhelmingly voted down an unconditional hike to $14.3 trillion debt ceiling.

The vote was 318-97, with 82 Democrats joining every Republican in rejecting legislation that would have authorized $2.4 trillion in additional borrowing by the federal government. Seven Democrats voted present on the legislation.

Now comes the business of tying the increase in the debt ceiling to some real spending reduction.

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