Tag: budget

Hawaii’s earmark funding spigot appears to go dry

10:18 am

Oink! “Nonprofit groups, for-profit businesses, the University of Hawaii, and state and local governments” in Hawaii are faced with a loss of funding due to the end of earmarks in Congress.

What is most interesting about this article isn’t just that it gives a great deal of space to those who oppose earmarks and spending (something you don’t see that often in an AP article), but that the comments are almost universally in favor of eliminating earmarks as well as cutting the federal government. A truly hopeful sign.

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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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