Tag: budget

How Obamacare is Hastening the bankruptcy of state governments

3:50 pm

Repeal the damn bill! How Obamacare is hastening the bankruptcy of state governments. Key quote:

If state Medicaid spending increases by 41 percent as projected by [the Centers for Medicare and Medicaid Services], then by next year Medicaid could end up consuming nearly 30 percent of the average state budget. Medicaid would greatly exceed all other state priorities, including education, which tops state budgets at about 22 percent. In fact, state spending on education would experience certain cuts next year. [emphasis mine]

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A Few Words In Praise of Fear

9:47 pm

A few words in praise of fear. Key quote:

In Washington and in statehouses around the country, the reality of the pending Fiscal Armageddon is starting to seep into the thick skulls of the elected class. Jerry Brown pronounced himself “shocked” once he got a good peek at California’s balance sheet. Off the record, politicians of both parties are starting to concede that a lot of the old ideological disputes at now moot, because there simply isn’t any money. It’s not a question of whether there are going to be deep cuts and fundamental restructuring, but when and how much. [emphasis mine]

The lack of money affects NASA’s future as much as anything. The future of space does not lie in government funding, no matter what people tell you.

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DeMint wants to have the omnibus read

9:34 am

Maybe this might stop the spending: Republican Senator Jim DeMint wants the Senate to read the entire 1900-plus omnibus budget bill before anyone votes on it. Key quote

The reading could take 40 hours, some news outlets estimate. Last year, Sen. Tom Coburn, R-Okla., forced the reading of an 800-page amendment on the Senate floor. The reading ended when Sanders, who had proposed the amendment, came to the floor to withdraw it.

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Orlando Sentinel calls for more NASA funding

11:47 pm

The squealing continues! The Orlando Sentinel demands that NASA gets its funding over everyone else, even as they admit there really is no money for anything. Key quote:

We applaud the Republicans’ determination to cut federal spending. But surely there are riper targets than the space program. The federal government spends billions each year on farm subsidies, a program held over from the Great Depression.

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White House wants transfer authority on appropriations?

2:15 pm

This must not happen! There are hints that the White House is asking the lame-duck Congress for the authority to transfer appropriations from one account to another, without Congressional approval. As Ed Morrissey notes

[This request] all but demands a blank check from Congress as a budget plan and ends their ability to direct funding as it sees fit. It’s a carte blanche for runaway executive power. Senate Republicans must pledge to filibuster any budget with that kind of authority built into it. In fact, every member of Congress should protest this demand to surrender the Constitutional prerogative of budgeting and the check on power it represents. Otherwise, they will consign the people’s branch to a mere rubber stamp for executive whims.

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Debt Commission Agrees to postpone report

10:07 am

Sadly, the pigs are winning! Obama’s deficit commission apparently does not have the votes to release a report today. Key quote:

The New York Times reports that there is unanimous opposition from the six Democrat and six Republican members of Congress who sit on the president’s debt-reduction commission to issuing a final report today. . . . In order to issue a report, the commission must win support for its recommendations from 14 of the 18 members; but that is looking unlikely at the moment, even though the commission has extended its deadline to Friday. Predictably, Democrats don’t want to endorse many of the spending cuts, while Republicans are averse to tax increases.

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Saving NASA’s astrophysics budget and Webb

7:13 pm

The struggle to find $1.5 billion to save NASA’s astrophysics budget as well as the overbudget James Webb Space Telescope. Note that this article once again allows a variety of NASA managers and scientists push the false story that Webb is a replacement for Hubble. It is not. Hubble looks at the universe mostly in optical wavelengths, as our eyes do. Webb will be an infrared telescope. It will do wonderful things, but different things than Hubble.

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