Deficit may be biggest threat to ObamaCare

Well duh! Deficit may be biggest threat to ObamaCare.

I always opposed ObamaCare because I oppose the use of government to run our lives. But putting that minor point aside, it made absolutely no sense for the government to add this entitlement to the nation’s balance sheet at a time when that balance sheet is so completely in the red. The only time these kinds of government programs can possible work (if ever) is when there is lots of spare cash in the bank, something we definitely don’t have right now.

The Great Spending Betrayal

The great spending betrayal.

Over Friday and Saturday, 61% of House Republicans and 34% of Senate Republicans voted for the omnibus megabus bill. In doing so, not only did they violate their pledge pertaining to bundled (1200-page) bills and the 72-hour layover rule and agree to fund Obamacare, Dodd-Frank, Planned Parenthood, the EPA, the PLO and the UN; they actually agreed to spend almost $9 billion more than last year. Overall, budget authority will be $33 billion higher than the House budget, while appropriations for non-defense spending will be $45 billion more. One of the members who voted in the affirmative even agreed that he had voted for a “crap sandwich.”

One reason the budget is still growing is that two-thirds of the government is still controlled by the spendthrift Democratic Party. A second reason is that there are too many wimpy Republicans willing to compromise with these spendthrifts.

Which is why we have elections. 2012 should help fix this problem.

Budget deal cuts EPA by three percent

Another science budget update from Nature states that the budget deal will cut EPA by three percent.

This cut reduces EPA’s budget from its 2011 numbers by about $400 million. However, the agency’s total 2012 budget of $8.4 billion is still $1 billion more than it got in 2008, hardly what I’d call a draconian cut.

Once again, the inability of Congress to seriously face the deficit issue threatens to eventually destroy the U.S.’s ability to do any science. A bankrupt nation can’t do much but feed itself, as the scientists in the Soviet Union learned back in the 1990s.

NIH and DOE in the proposed budget deal

The National Institutes of Health (NIH) and the science office in the Department of Energy (DOE) appear to avoid serious cuts in the proposed budget deal.

Actually, NIH’s budget remains almost identical to what it got in 2012, $30.6 billion. However, this amount is $1.4 billion more than it got in 2008, and $1.7 billion more than it got in 2007. As for DOE’s Office of Science, the $4.889 billion for 2012 is still $700 million more than the office got in 2008.

In other words, considering the budget deficits the federal government faces, these 2012 budget numbers hardly seem to be a reasonable attack on the problem. Simply bringing those budget numbers back down to 2008 numbers would hardly damage the work these government agencies are doing, and it would surely do more to reduce the deficit.

Testimony at a Senate hearing about the theft of customer funds at MF Global revealed today the Jon Corzine did know of the theft, contrary to his own testimony before Congress.

Testimony today at a Senate hearing about the MF Global scandal revealed that Jon Corzine, the former Democratic New Jersey governor and a fundraiser for President Obama, was aware of the theft of customer funds, contrary to his own testimony before Congress. More here.

Why Washington is shocked, shocked by Newt Gingrich’s rise over Mitt Romney

Why Washington is shocked, shocked by Newt Gingrich’s rise over Mitt Romney.

Look, Gingrich is by far not a perfect candidate. He has clearly taken positions in the last few years that made my socks roll up and down in horror. And when he was Speaker there were times I thought he was too willing to agree to bad deals.

Yet, he did mastermind the first Republican takeover of Congress in forty years. Yet, when he was Speaker the federal budget was brought under control, producing surpluses for four years in a row.

Finally, unlike every other Republican candidate for President since Reagan, Gingrich can debate. He not only knows how to articulate conservative ideals, he has shown himself capable of effectively pointing out liberal foolishness. In the Presidential debates to come, the country needs that as it will give strength to the conservative candidates running for the House and Senate. And that is where we really need victories. If we get a Congress that is willing to seriously cut the federal budget, it won’t matter that much who is President.

Electric car company shuts down

For once, the taxpayer doesn’t get screwed: The electric car company Aptera has shut down due to lack of interest from investors and the lack of a loan from the government.

The California company was counting on a federal loan – and private investments to match the loan – so that it could start producing its very first electric vehicle. Aptera said it was close to securing a $150 million from the U.S. Department of Energy, but it couldn’t line up the private dollars necessary to complete the loan application process.

Despite earmark ban, some lawmakers continue to try to give money to hundreds of pet projects

The battle over earmarks.

The efforts to resurrect spending on pet projects reveal the tenuous nature of current reform efforts. Two senators have publicly called out their colleagues and will introduce legislation Wednesday that would ban earmarking with the force of law. “I have heard too many appropriators say informally that they are very hopeful that we can get back to earmarking in the future with few restrictions,” said Sen. Claire McCaskill (D-Mo.), who is co-authoring the bill with Sen. Patrick J. Toomey (R-Pa.). “That has come out of the mouths of Democrats and Republicans.”

What I glean from this article is that a good number of legislators are still trying to sneak in their earmarks, but that they are finding it increasingly difficult. Unfortunately, it also appears that too many of them are still succeeding.

Senate bill would allow the military to arrest and hold US citizens at home or abroad indefinitely

Madness: A Senate bill, to be voted on today, would allow the military to arrest and hold US citizens indefinitely, both at home and abroad.

Termed the National Defense Authorization Act (NDAA) and drafted behind closed doors by Senators Carl Levin (D-Mich.) and John McCain (R-Ariz.) the NDAA would:

1) Explicitly authorize the federal government to indefinitely imprison without charge or trial American citizens and others picked up inside and outside the United States;

(2) Mandate military detention of some civilians who would otherwise be outside of military control, including civilians picked up within the United States itself; and

(3) Transfer to the Department of Defense core prosecutorial, investigative, law enforcement, penal, and custodial authority and responsibility now held by the Department of Justice.

For any elected official to consider this kind of legislation acceptable is only clear evidence that they should be put out of office immediately. Fire them all!

Some historical context in discussing the federal debt

Some historical context in discussing the federal debt.

When Bill Clinton was president, the national debt rose by an annual average of $193 billion; when the profligate George W. Bush was in the White House, the yearly debt increases averaged $612 billion. On Obama’s watch, by contrast, the federal debt has been skyrocketing by more than $1.5 trillion per year. It took 40 presidents and nearly two centuries, from George Washington to Ronald Reagan , for the US government to accumulate $1.5 trillion in indebtedness. The 44th president – aided and abetted by Congress – enlarges the federal debt by that amount every 12 months.

Congress has slashed the budget of John Holdren’s White House Science Office

The Senate/House final deal for the White House Science Office has slashed its budget by one third.

Frustrated that White House officials [i.e. John Holdren] have ignored congressional language curtailing scientific collaborations with China, legislators have decided to get their attention through a 32% cut in the tiny budget of the Office of Science and Technology Policy (OSTP).

See this story for more background.

NASA budget compromise

Congress has come up with a NASA budget compromise. More details here.

Overall, the NASA budget is cut by about a half billion dollars, the total matching what the agency got in 2009. The key figures are $406 million for commercial manned space, $3 billion for NASA’s in-house heavy-lift rocket and capsule, and $529 million to finish the Webb telescope.

I predict that the $3 billion will be a waste of money, the project getting cancelled before completion.

NASA, the federal budget, and common sense

Let’s be blunt: the federal government is broke. With deficits running in the billions per day, there simply is no spare cash for any program, no matter how important or necessary. Nothing is sacrosanct. Even a proposal to cure cancer should be carefully reviewed before it gets federal funding.

Everything has got to be on the table.

Thus, no one should have been surprised when word leaked two weeks ago that the Office of Management and Budget in the Obama administration was proposing cutting the entire unmanned planetary program at NASA, while simultaneously eviscerating the space agency’s astronomy program. No more missions to Mars. No probes to Europa or Titan. Further and longer delays before the James Webb Space Telescope is completed. And Kepler’s mission to find Earth Like planets orbiting other stars would end mid-mission.

The Obama administration has to find ways to trim the budget, and apparently it is considering eliminating these programs as a way to do it.

Yet, the money spent on space astronomy and planetary research is a pinprick. Considering that the federal government overspends its budget by approximately $3.5 billion per day, and the total amount of money spent on these two science programs equals about $2.4 billion per year, it seems senseless at first to focus on these kinds of cuts. Quite clearly, even eliminating them entirely will not put the federal budget into the black.

Now I am not one to say, “Cut the budget, but please leave my favorite programs alone!” I recognize the serious financial state of the nation, and realize that any budget suggestions I make must include significant total cuts to NASA’s budget.

As a space historian and science journalist who knows a great deal about NASA, however, I also know that there is plenty of room for cuts in NASA’s budget. By picking our priorities carefully at a time when our options are limited, NASA might even be able to accomplish more, not less, with a smaller budget.

Moreover, if I, as a space junky, think it is possible to continue NASA’s most important programs and still trim its budget by 15% to 20%, in real dollars, doesn’t that suggest that the same could be done across the entire federal government?

All it takes is a little knowledge, some common sense, and the courage to say no.
» Read more

Supercommittee to the rescue

The Supercommittee to the rescue!

They’re the new superhero group of Superfriends from the Supercongress who are going to save America from plummeting over the cliff and into the multitrillion-dollar abyss. There’s Spender Woman (Patty Murray), Incumbent Boy (Max Baucus), Kept Man (John Kerry) and many other warriors for truth, justice and the American way of debt. The Supercommittee is supposed to report back by the day before Thanksgiving on how to carve out $1.2 trillion dollars of deficit reduction and thereby save the republic.

We’re still not cutting

The day of reckoning looms: We’re still not cutting.

In the spring fight to avert a government shutdown, Republicans promised $100 billion in real cuts but then compromised for $38.5 billion in future savings. In reality, the Congressional Budget Office found the deal still resulted in an increase of more than $170 billion in federal spending from 2010 to 2011. The “largest spending cut in history” ended up being a spending increase.

And this:

But the [super]committee isn’t really trying to cut spending. It seeks only to spend the country into bankruptcy a little slower. Rather than letting the country rack up $23.4 trillion of debt by 2021, the supercommittee hopes to keep it to $21.3 trillion. It’s the difference between speeding off a cliff at 91 miles per hour versus 100 miles per hour.

Finally some substance in the Presidential campaign

Up until tonight I had not watched any of the Republican Presidential debates. To me, the game show formats of each debate were such that I had no expectation of seeing any substance. Quick one-liners and gotcha attacks — the only thing that generally comes from these formats — can’t tell me anything about the deeper philosophical underpinnings of each candidate. And without that knowledge I can have no idea whether or not the candidates will follow through with what they say they’ll do.

Tonight however I did watch the Herman Cain-Newt Gingrich debate, which CSPAN has made available to watch in its entirety. The format was basically Cain and Gingrich for an hour and a half, answering a variety of questions about the three big entitlement programs, Medicare, Social Security, and Medicaid. Each man could essentially take as much time as he desired to say what he wanted.
» Read more

White House officials held talks with China over technology, despite a law banning such talks

The law is such an inconvenient thing: White House officials held technology talks with China, despite a law banning such talks.

In [a General Accountability Office (GAO)] letter, Gibson said OSTP officials violated U.S. law by participating in May in bilateral discussions with Chinese officials in spite of a language included in a 2011 spending bill enacted in April that specifically prohibited such talks. GAO concluded that OSTP officials violated the Anti-Deficiency Act, which prohibits U.S. government employees from spending money that Congress has not appropriated. “If Congress specifically prohibits a particular use of appropriated funds, any obligation for that purpose is in excess of the amount available,” Gibson wrote in the Oct. 11 letter. In May, OSTP officials spent approximately $3,500 to participate in discussions and a dinner with Chinese government officials, according to the GAO letter.

[Congressman Frank] Wolf (R-Virginia), a vocal critic of China’s human rights policies who also testified at the hearing, inserted the language in the 2011 spending bill barring OSTP and NASA from participating in any bilateral activities with China. “Following the law is not voluntary for administration officials,” Wolf said. [emphasis mine]

Sadly, it appears that this administration does not agree with Wolf, and instead considers the law to be nothing more than vague advice they can ignore at will.

Senate approves NASA budget

The Senate today approved a NASA budget of $17.9 billion, 2.8 percent less than last year and about equivalent to NASA’s 2009 budget.

The Senate bill included $500 million for commercial space, $3 billion for NASA’s heavy-lift rocket, and $500 for the James Webb Space Telescope. This must now be reconciled with the House budget, which called for a $16.8 billion total budget, with $300 million for commercial space and no money at all for Webb.

1 27 28 29 30 31 41