Democrats call for new spending in US debt deal

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.

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

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.

House Trims Homeland Security Science Spending

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.

Social Sciences Face Uphill Battle Proving Their Worth to Congress

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.

House torpedoes unconditional hike to $14.3 trillion debt ceiling

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.

Vote on “clean” debt ceiling increase set for tonight

The next budget battle begins: A vote on a “clean” debt ceiling increase has been set for tonight by the House Republican leadership.

More than 100 House Democrats recently signed a letter demanding that Speaker John Boehner bring forward a vote for an increase in federal debt levels without any conditions for cuts or future spending curbs. Imagine their surprise when Boehner agreed and will serve up a bill that would provide enough borrowing to cover all of president Obama’s spending requests for next year without any preconditions.

It is expected that the legislation will be defeated soundly in a very bipartisan vote. To quote the article again:

The political reality is that increasing the nation’s swollen $14.3 trillion debt is a political loser. Voters hate it and lawmakers don’t even get anything new to give away since the money is going to cover existing obligations.

If the bill is defeated as predicted, it will be very good news, as that defeat will bolster the efforts of those who want big cuts in spending to go with any debt ceiling increase.

Obama budget receives zero votes in Senate

Obama’s budget request for 2012 received zero votes today when it came up for a vote in the Democratic controlled Senate. Meanwhile, the House budget, proposed by Paul Ryan (R-Wisconsin) was also rejected, but by the much closer vote of 40-57.

I’m not sure if this is good or bad. It suggests that there is increasing recognition in the Senate that cuts must happen, and that Obama’s budget failed in this regard. It also suggests that the Senate is also not ready to make those cuts.

“We stand for freedom.”

Kennedy's speech

Fifty years ago today, John Kennedy stood before Congress and the nation and declared that the United States was going to the Moon. Amazingly, though this is by far the most remembered speech Kennedy ever gave, very few people remember why he gave the speech, and what he was actually trying to achieve by making it.

Above all, going to the Moon and exploring space was not his primary goal.

The Context

For Kennedy — whose presidential campaign included an aggressive anti-communist stance against the Soviet Union — the months before the speech had not gone well. Five weeks earlier, for instance, the CIA-led attempt to invade Cuba and overthrow Castro’s communist government had ended in total failure. When Kennedy refused to lend direct military support to the Bay of Pigs invasion, the 1,200 man rebel force was quickly overcome. “How could I have been so stupid as to let them go ahead?” Kennedy complained privately to his advisors.

In Berlin, the tensions between the East and the West were continuing to escalate, and would lead in only a few short months to Khrushchev’s decision to build the Berlin Wall, sealing off East Berlin and the citizens of East Germany from the rest of the world.

In the race to beat the Soviets in space, things were going badly as well. NASA had announced the United States’ intention to put the first man into space sometime in the spring of 1961. The agency hoped that this flight would prove that the leader of the capitalist world still dominated the fields of technology, science, and exploration.

Originally scheduled for a March 6, 1961 launch, the short fifteen minute sub-orbital flight was repeatedly delayed. The Mercury capsule’s first test flight in January, with a chimpanzee as test pilot, rose forty miles higher than intended, overshot its landing by a hundred and thirty miles, and when the capsule was recovered three hours later it had begun leaking and was actually sinking. Then in March another test of the Mercury capsule included the premature firing of the escape rocket on top of the capsule, the unplanned release of the backup parachutes during descent, and the discovery of dents on the capsule itself.

These difficulties caused NASA to postpone repeatedly its first manned mission. First the agency rescheduled the launch to late March. Then early April. Then mid-April. And then it was too late.
» Read more

Dear Congress: Your credit application has been turned down

Dear Congress: Your credit application has been turned down.

You may also wish to contact a consumer credit counseling agency. The National Foundation for Credit Counseling can help you locate a reputable counseling agency in your area. You may also wish to visit the NFCC’s website for helpful tips on such subjects as

•drawing up a budget
•living within your means
•saving during tough economic times
•steps to take when your finances get out of control

Obama and ignoring the War Powers Act

Obama and ignoring the War Powers Act.

If nothing happens, history will say that the War Powers Act was condemned to a quiet death by a president who had solemnly pledged, on the campaign trail, to put an end to indiscriminate warmaking.

The point here has nothing to do with whether the military operation in Libya is wise or foolish. The point is that Obama has now committed American troops to a war without legal authorization.

“The mood was less than cordial.”

Boehner meets with tea party activists from his district. “The mood was less than cordial.”

Surely, there are Tea Party activists with unreasonable expectations of what Republicans can accomplish with control of the House. However, the major beef Tea Partiers have with Republicans is not their lack of accomplishment. It’s their unwillingness to stand and fight, their apparent lack of principle, and the resulting impotence toward shifting the narrative in Washington.

Senate Democrats: Where is your budget?

Senate Democrats: Where is your budget?

With the statutory committee deadline having been missed by six weeks, and with 744 days gone by since the Democrat-led Senate passed a budget, it was reported that this week Senate Democrats would finally produce a budget and hold a markup. But no budget was produced and the markup was delayed yet again.

The Republicans might not be very serious about spending cuts, but the Democrats are a downright joke. At least the Republicans have made some effort to deal with the problem, tepid as that effort is. The Democrats not only oppose any suggestion, they can’t even do their job.

Another sign of tight NASA budgets ahead

From Jeff Foust: Another sign of tight budgets ahead.

The possibility that NASA’s budget might cut by several billion doesn’t bother me a bit. Unlike it seems everyone else, I ain’t gonna be one of those who says “We need to cut the federal budget, but just don’t cut MY favorite program.” NASA shouldn’t be immune to cuts. In fact, NASA could easily lose the several billion dollars per year that’s going to be wasted on the program-formerly-called-Constellation.

And if Congress decided to cut the subsidies to the new commercial space companies as well, I probably wouldn’t cry that much over that either. I think these companies can make it on their own. I think there is a market for their product. By taking NASA’s money up front, they are then forced to take NASA supervision, something I think will be very damaging in the long run.

GOP denies TSA money to buy more body scanners

The House budget for the TSA has deleted funding for more body scanners.

Though I think denying the TSA this money is a good thing, this paragraph from the article stood out to me:

The measure includes $7.8 billion for the TSA, which Republicans said was a $125 million increase from current levels but $293 million less than the administration’s budget request.

In 2008 the TSA’s budget was approximately $6.99 billion. Considering how the Republicans wanted to bring spending back to 2008 levels, how can we take them seriously about getting control of the deficit if they agree to an overall budget increase for the TSA?

GOP senators focus on entitlement cuts

More debt ceiling negotiations: GOP senators focused on entitlement cuts in a meeting with Obama on Thursday. I found this quote quite intriguing and a refreshing change from previous such meetings:

Obama was careful not to dominate the meeting, according to Republican senators who attended. The president opened the session with brief remarks and spent most of the session listening to lawmakers’ concerns and responding to their arguments.

White House Takes Dim View of Boehner Debt Plan

No surprise here: The White House takes a dim view of Boehner’s speech yesterday.

So my question here is there: Who is more serious about controlling spending, Obama and the Democrats or the Republicans in the House? Though it is very easy to find lots of reasons to criticize the various Republican proposals, at the moment they are the only proposals that are willing, even on a tiny level, to consider entitlement reform.

“Without significant spending cuts and reforms to reduce our debt, there will be no debt-limit increase.”

I like the sound of this: “Without significant spending cuts and reforms to reduce our debt, there will be no debt-limit increase.”

Also this: “We should be talking about cuts of trillions, not just billions. They should be actual cuts and program reforms, not broad deficit or debt targets that punt the tough questions to the future.”

And this: “And to those who contend that the economy is too weak to take on the challenge of entitlement reform — I would simply say, you’ve got it backwards. The truth is that making fundamental reforms to these programs would be good for the economy — and good for the next generation.”

1 30 31 32 33 34 39