Alabama Town’s Failed Pension Is a Warning
Alabama town’s failed pension is a warning.
Alabama town’s failed pension is a warning.
Tag: budget
Alabama Town’s Failed Pension Is a Warning
Big tax hike in Oregon results in substantially less revenue
When will the left learn? A big tax hike in Oregon results instead in substantially less revenue for the state.
When will the left learn? A big tax hike in Oregon results instead in substantially less revenue for the state.
Government liabilities rose $2 trillion in FY 2010
So you think NASA’s gonna get some money, eh? According the Treasury Department, the government’s debt rose by $2 trillion last year alone.
So you think NASA’s gonna get some money, eh? According the Treasury Department, the government’s debt rose by $2 trillion last year alone.
Congress freezes NASA’s budget until March
The space war will continue until March: Unable to pass a real budget, Congress has instead passed a continuing resolution that, among everything else, freezes NASA’s budget at 2010 numbers through the spring.
The space war will continue until March: Unable to pass a real budget, Congress has instead passed a continuing resolution that, among everything else, freezes NASA’s budget at 2010 numbers through the spring.
NASA Might Merge its Exploration and Operations Directorates
More evidence that the American government manned spaceflight program is dying: NASA is considering a merger of its Exploration and Operations directorates. Without a shuttle, there really is no need for Operations.
More evidence that the American government manned spaceflight program is dying: NASA is considering a merger of its Exploration and Operations directorates. Without a shuttle, there really is no need for Operations.
So What Happens When California Goes Bankrupt
So what happens when California goes bankrupt?
So what happens when California goes bankrupt?
How Obamacare is Hastening the bankruptcy of state governments
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]
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]
Twenty Of The Craziest Things The U.S. Government Is Spending Money On
Your tax dollars at work: Twenty idiotic things the U.S. government is spending money on. My favorite, #8, also happens to be one of the most expensive:
The U.S. Department of Veterans Affairs spent $175 million during 2010 to maintain hundreds of buildings that it does not even use. This includes a pink, octagonal monkey house in the city of Dayton, Ohio.
Your tax dollars at work: Twenty idiotic things the U.S. government is spending money on. My favorite, #8, also happens to be one of the most expensive:
The U.S. Department of Veterans Affairs spent $175 million during 2010 to maintain hundreds of buildings that it does not even use. This includes a pink, octagonal monkey house in the city of Dayton, Ohio.
Federal paychecks one third higher than private pay
Want to trim the federal debt? Here’s a place to start: Federal paychecks in the San Diego area are one third higher than private pay, according to census numbers. The pay raises were also more than three times higher.
Want to trim the federal debt? Here’s a place to start: Federal paychecks in the San Diego area are one third higher than private pay, according to census numbers. The pay raises were also more than three times higher.
Continuing resolution in the Senate freezes NASA at 2010 numbers
The space war over NASA continues: The continuing resolution being offered by the Senate would freeze NASA’s budget at 2010 numbers through March. Also,
NASA would be prohibited from initiating new programs, and could be required to continue spending about $200 million per month on the Moon-bound Constellation program.
As I’ve said repeatedly, the whole thing is a mess.
The space war over NASA continues: The continuing resolution being offered by the Senate would freeze NASA’s budget at 2010 numbers through March. Also,
NASA would be prohibited from initiating new programs, and could be required to continue spending about $200 million per month on the Moon-bound Constellation program.
As I’ve said repeatedly, the whole thing is a mess.
A Few Words In Praise of Fear
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.
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.
Republicans showing more earmark restraint than Democrats
Giving credit where credit is due: Ed Morrissey notes that the Republicans have shown significant progress in reducing the number of earmarks requested by their members, while the Democrats have not.
Not only do the Republicans have to continue to improve their numbers, now is the time for Democrats to see the writing on the wall and get with the program. Cut spending!
Giving credit where credit is due: Ed Morrissey notes that the Republicans have shown significant progress in reducing the number of earmarks requested by their members, while the Democrats have not.
Not only do the Republicans have to continue to improve their numbers, now is the time for Democrats to see the writing on the wall and get with the program. Cut spending!
The omnibus 2000 page trillion dollar budget bill is dead
Amen! The omnibus 2000 page trillion dollar budget bill is dead.
This is only a start. The spending must come down, by a lot!
Note also that yes, Congress will still be forced to pass a continuing resolution, but that will freeze spending at last year’s level, rather than the gobs of additional spending including in the omnibus bill. Like I said, this is a start.
Amen! The omnibus 2000 page trillion dollar budget bill is dead.
This is only a start. The spending must come down, by a lot!
Note also that yes, Congress will still be forced to pass a continuing resolution, but that will freeze spending at last year’s level, rather than the gobs of additional spending including in the omnibus bill. Like I said, this is a start.
List of senators and the number of earmarks they placed in Omnibus spending bill
Don’t slam the door on your way out! Check out this list of senators and the number of earmarks they placed in $1.27 trillion omnibus spending bill put together by the lame-duck Congress.
Don’t slam the door on your way out! Check out this list of senators and the number of earmarks they placed in $1.27 trillion omnibus spending bill put together by the lame-duck Congress.
Government May Shut Down Amid Standoff on Pork-Filled Spending Bill
This might be the best news I’ve heard in years! The government may shut down on Saturday due to the stalemate in Congress over the $1.27 trillion pork-filled spending bill.
This might be the best news I’ve heard in years! The government may shut down on Saturday due to the stalemate in Congress over the $1.27 trillion pork-filled spending bill.
DeMint wants to have the omnibus read
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.
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.
Social Security advocates fear payroll tax cut
Oink! Social Security advocates fear payroll tax cut.
Oink! Social Security advocates fear payroll tax cut.
Will GOP take the P out of NPR?
Defund them! Will GOP take the P out of NPR?
Defund them! Will GOP take the P out of NPR?
Will there be earmarks in the next Congress?
More squealing, this time from Republicans: several GOP congressmen claim earmarks are necessary for budget negotiations.
More squealing, this time from Republicans: several GOP congressmen claim earmarks are necessary for budget negotiations.
Riots of tuition fees in Great Britain
Wind Group Warns of Job Losses Without Grants
Oink! Oink! The wind industry warns of job losses without federal grants.
Oink! Oink! The wind industry warns of job losses without federal grants.
Orlando Sentinel calls for more NASA funding
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.
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.
White House wants transfer authority on appropriations?
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.
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.
Deficit commission fails to pass its recommendations
Sadly, the pigs appear to be winning. Obama’s deficit commission has failed to pass its recommendations.
Sadly, the pigs appear to be winning. Obama’s deficit commission has failed to pass its recommendations.
Tea Party Caucus Takes $1 Billion In Earmarks
The pigs are everywhere! Members of the so-called Tea Party Caucus requested about one billion in earmarks during the now ending 111th Congress.
The pigs are everywhere! Members of the so-called Tea Party Caucus requested about one billion in earmarks during the now ending 111th Congress.
Deficit commission’s draft report released
Though they can’t get the votes yet to approve it, the co-chairmen of Obama’s deficit commission today did release their own draft report.
Though they can’t get the votes yet to approve it, the co-chairmen of Obama’s deficit commission today did release their own draft report.
Debt Commission Agrees to postpone report
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.
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.
First Orion Space Capsule Could Ride Delta 4 Heavy In 2013
Lockheed Martin is moving ahead with its plan to launch the first Orion capsule on a Delta 4 Heavy rocket, notwithstanding the desire of NASA that Lockheed instead focus on using NASA’s own as yet unbuilt rocket system.
Lockheed Martin is moving ahead with its plan to launch the first Orion capsule on a Delta 4 Heavy rocket, notwithstanding the desire of NASA that Lockheed instead focus on using NASA’s own as yet unbuilt rocket system.
National Space Society demands Congress give NASA the money
Will the squealing never stop? The National Space Society has called on Congress to fully fund NASA, as per the authorization bill passed in September, even though the money doesn’t exist, and even if it did exist the amount authorized is insufficient anyway to accomplish what it is intended.
Will the squealing never stop? The National Space Society has called on Congress to fully fund NASA, as per the authorization bill passed in September, even though the money doesn’t exist, and even if it did exist the amount authorized is insufficient anyway to accomplish what it is intended.
Deficit panel divided
It appears the squealing is working: Obama’s deficit commission on balancing the U.S. budget appears gridlocked, and is not expected to approve any budget-cutting plan when it votes on Wednesday.
It appears the squealing is working: Obama’s deficit commission on balancing the U.S. budget appears gridlocked, and is not expected to approve any budget-cutting plan when it votes on Wednesday.