The government does a study of a study about studies.
Our government at work: The GAO has done a study of a study about studies.
Our government at work: The GAO has done a study of a study about studies.
Tag: debt
The government does a study of a study about studies.
The federal government is liable for approximately $850 billion in student loans, and the number of borrowers defaulting on these loans is on the rise.
The day of reckoning looms: The federal government is liable for approximately $850 billion in student loans, and the number of borrowers defaulting on these loans is on the rise.
The day of reckoning looms: The federal government is liable for approximately $850 billion in student loans, and the number of borrowers defaulting on these loans is on the rise.
Republican space socialism update.
Republican space socialism update.
Simberg summarizes well the foolishness coming from Congress when it comes to budgeting NASA and commercial space.
Republican space socialism update.
Simberg summarizes well the foolishness coming from Congress when it comes to budgeting NASA and commercial space.
A trend, not a fluke: Indiana Republicans dump Senator Richard Lugar for a tea party favorite.
A trend, not a fluke: Indiana Republicans have dumped incumbent Senator Richard Lugar for a tea party favorite.
In related news, a prison inmate has gotten the highest percentage of votes, 40 percent, of any candidate in any previous state primary against Barack Obama.
Washington politicians had better stop ignoring the fiscal concerns of the tea party. The federal budget has got to be brought under control.
A trend, not a fluke: Indiana Republicans have dumped incumbent Senator Richard Lugar for a tea party favorite.
In related news, a prison inmate has gotten the highest percentage of votes, 40 percent, of any candidate in any previous state primary against Barack Obama.
Washington politicians had better stop ignoring the fiscal concerns of the tea party. The federal budget has got to be brought under control.
The White House today threatened to veto the House budget because of NOAA and NASA trims.
Theater: The White House today threatened to veto the House budget because of NOAA and NASA trims.
Theater: The White House today threatened to veto the House budget because of NOAA and NASA trims.
Killing private space
The financial foolishness in Congress, by Republicans this time, continues. In making its budget recommendations for NASA, the report [pdf] of the House Appropriations Commerce, Justice, Science, and Related Agencies subcommittee also demands that NASA immediately choose one commercial company for its commercial space program. (Hat tip to Clark Lindsey for spotting this.)
The number of ways this action is counter-productive almost can’t be counted.
» Read more
A new official analysis announced yesterday predicts that Social Security will run out of money three years earlier than previously predicted.
The day of reckoning looms: A new official report released yesterday predicts that Social Security will run out of money three years earlier than previously predicted.
The day of reckoning looms: A new official report released yesterday predicts that Social Security will run out of money three years earlier than previously predicted.
The world’s worst investor
Senate Democrats don’t even bother to show up for a budget meeting called by their own leader.
Senate Democrats don’t even bother to show up for a budget meeting called by their own leader.
Since the year 2009, not one single Democrat or Democrat-aligned member of the United States Senate has voted “yes” on any budget. They’ve refused to present their own ideas, of course, but they’ve also unanimously voted down every last alternative, from both Republicans and their own party’s president. Think about that.
Senate Democrats don’t even bother to show up for a budget meeting called by their own leader.
Since the year 2009, not one single Democrat or Democrat-aligned member of the United States Senate has voted “yes” on any budget. They’ve refused to present their own ideas, of course, but they’ve also unanimously voted down every last alternative, from both Republicans and their own party’s president. Think about that.
Assuming it gets the necessary funds, Boeing anticipates flight tests of its CST-100 reusable manned capsule in 2016.
More news from commercial space: Assuming it gets the necessary funds, Boeing anticipates flight tests of its CST-100 reusable manned capsule by 2016.
This story is part of the on-going lobbying effort to convince the Luddites in Congress to subsidize the new commercial space companies. To get some context, even if Congress gives NASA all of the money it has requested for this program, the annual cost will still be less than a third of the NASA-built Space Launch System, and will get us four different ways to get humans and cargo into orbit, and do it in far less time.
More news from commercial space: Assuming it gets the necessary funds, Boeing anticipates flight tests of its CST-100 reusable manned capsule by 2016.
This story is part of the on-going lobbying effort to convince the Luddites in Congress to subsidize the new commercial space companies. To get some context, even if Congress gives NASA all of the money it has requested for this program, the annual cost will still be less than a third of the NASA-built Space Launch System, and will get us four different ways to get humans and cargo into orbit, and do it in far less time.
U.S. credit rating downgraded again
The day of reckoning looms: The credit rating of the United States government has been downgraded again.
The day of reckoning looms: The credit rating of the United States government has been downgraded again.
The Obama administrations Treasury Secretary admitted Wednesday that the federal government’s debt is “unsustainable,” but then added that solving the problem shouldn’t be a top priority, because the government still needs to “do things.”
Modern doublethink: The Obama administration’s treasury secretary admitted Wednesday that the federal government’s debt is “unsustainable,” but then added that solving the problem shouldn’t be a top priority, because the government still needs to “do things.”
Geithner’s refusal to confront what he admits is a looming disaster illustrates for all to see the normal operating policies of this administration.
Modern doublethink: The Obama administration’s treasury secretary admitted Wednesday that the federal government’s debt is “unsustainable,” but then added that solving the problem shouldn’t be a top priority, because the government still needs to “do things.”
Geithner’s refusal to confront what he admits is a looming disaster illustrates for all to see the normal operating policies of this administration.
The chief of the General Services Administration has resigned and two of her top deputies have been fired for organizing an excessively expensive training conference at a luxury hotel.
Our government at work: The chief of the General Services Administration has resigned and two of her top deputies have been fired for organizing an excessively expensive training conference at a luxury hotel.
Organizers spent $835,000 on the event, which was attended by 300 employees. The expenses included $147,000 in airfare and lodging at the hotel for six planning trips by a team of organizers. Among the other expenses were $3,200 for a mind reader; $6,300 on commemorative coin set displayed in velvet boxes and $75,000 on a training exercise to build a bicycle. [emphasis mine]
They made six separate trips to this Las Vegas hotel in order to plan a four-day conference?
The sad part is that this kind of spending abuse is actually quite normal in the federal government. I’ve seen it at multiple science conferences and press conferences. Lots of free food, fancy digs at cool locations. And all paid for by the taxpayer.
Our government at work: The chief of the General Services Administration has resigned and two of her top deputies have been fired for organizing an excessively expensive training conference at a luxury hotel.
Organizers spent $835,000 on the event, which was attended by 300 employees. The expenses included $147,000 in airfare and lodging at the hotel for six planning trips by a team of organizers. Among the other expenses were $3,200 for a mind reader; $6,300 on commemorative coin set displayed in velvet boxes and $75,000 on a training exercise to build a bicycle. [emphasis mine]
They made six separate trips to this Las Vegas hotel in order to plan a four-day conference?
The sad part is that this kind of spending abuse is actually quite normal in the federal government. I’ve seen it at multiple science conferences and press conferences. Lots of free food, fancy digs at cool locations. And all paid for by the taxpayer.
The House today passed the Republican 2013 budget, 228-191.
The House today passed the Republican 2013 budget, 228-191.
Ten Republicans voted no. All Democrats voted no.
Though this budget might not be perfect, at least it makes an effort to face the budget situation. Note also that the Democrats have now rejected their own President’s budget as well as the Republican budget. In addition, the Democratic leadership in the Democratically-controlled Senate has already said they won’t pass a budget this year, the fourth year in a row.
The country is sinking in debt caused by the federal government. It behooves these elected officials to deal with it. That the Democrats won’t tells us much about their lack of qualifications for office.
The House today passed the Republican 2013 budget, 228-191.
Ten Republicans voted no. All Democrats voted no.
Though this budget might not be perfect, at least it makes an effort to face the budget situation. Note also that the Democrats have now rejected their own President’s budget as well as the Republican budget. In addition, the Democratic leadership in the Democratically-controlled Senate has already said they won’t pass a budget this year, the fourth year in a row.
The country is sinking in debt caused by the federal government. It behooves these elected officials to deal with it. That the Democrats won’t tells us much about their lack of qualifications for office.
The House today rejected Obama’s proposed budget 414 to 0.
The House today rejected Obama’s proposed budget for 2013 by a vote of 414 to 0.
We must all remember this vote when the Democrats demonize any future budget proposals by the Republicans. The above vote was very bipartisan. Even the Democrats rejected Obama’s proposal.
The House today rejected Obama’s proposed budget for 2013 by a vote of 414 to 0.
We must all remember this vote when the Democrats demonize any future budget proposals by the Republicans. The above vote was very bipartisan. Even the Democrats rejected Obama’s proposal.
“‘Suddenly’ is about to show up.”
The Department of Energy has scrapped plans to build a neutrino experiment, costing $1.5 billion, in the now-closed Homestake gold mine in South Dakota.
A sign of the budgetary times: The Department of Energy has scrapped plans to build a neutrino experiment, costing $1.5 billion, in the now-closed Homestake gold mine in South Dakota.
A sign of the budgetary times: The Department of Energy has scrapped plans to build a neutrino experiment, costing $1.5 billion, in the now-closed Homestake gold mine in South Dakota.
“Like them or not, they’re not going away, no matter who wins in November.”
“If you’re looking for free stuff you don’t have to pay for, vote for the other guy.”
The federal debt has increased more during Obama’s three years in office than it did during Bush’s eight year presidency.
Breaking news! The federal debt has increased more during Obama’s three years in office than it did during Bush’s eight year presidency.
Both Presidents spent uncontrollably. Obama has just been the most uncontrollable of all, at least up to now.
Breaking news! The federal debt has increased more during Obama’s three years in office than it did during Bush’s eight year presidency.
Both Presidents spent uncontrollably. Obama has just been the most uncontrollable of all, at least up to now.
New budget estimates by the Congressional Budget Office say that the proposed 2013 Obama budget will increase the federal debt by $3.5 trillion.
New budget estimates by the Congressional Budget Office say that the proposed 2013 Obama budget will increase the federal debt by $3.5 trillion.
New budget estimates by the Congressional Budget Office say that the proposed 2013 Obama budget will increase the federal debt by $3.5 trillion.
New numbers released today from the Congressional Budget Office estimate that the cost of Obamacare over the next decade will be $1.76 trillion, not $940 billion as predicted by the Democrats who passed it.
Finding out what’s in it: New numbers released today from the Congressional Budget Office estimate that the cost of Obamacare over the next decade will be $1.76 trillion, not $940 billion as predicted by the Democrats who passed it.
The only word I can think of that aptly describes the people who pushed this law on us is incompetence. That any rational person would consider voting for these people again boggles the mind.
Finding out what’s in it: New numbers released today from the Congressional Budget Office estimate that the cost of Obamacare over the next decade will be $1.76 trillion, not $940 billion as predicted by the Democrats who passed it.
The only word I can think of that aptly describes the people who pushed this law on us is incompetence. That any rational person would consider voting for these people again boggles the mind.
The Senate’s tea party caucus has introduced a budget plan aimed at balancing the federal budget by 2017.
The Senate’s tea party caucus yesterday proposed a budget plan aimed at balancing the federal budget by 2017.
The news article gives a broad outline of the plan, including some basic changes to several entitlement programs, a freezing of government spending at 2008 levels, and the elimination of four government agencies and the privatization of the TSA. A detailed look will probably find that some of these proposals are poorly thought out or impractical. However, at least these senators are proposing something, unlike the Democrats, who in the Senate have not even introduced a budget for more than three years.
The Senate’s tea party caucus yesterday proposed a budget plan aimed at balancing the federal budget by 2017.
The news article gives a broad outline of the plan, including some basic changes to several entitlement programs, a freezing of government spending at 2008 levels, and the elimination of four government agencies and the privatization of the TSA. A detailed look will probably find that some of these proposals are poorly thought out or impractical. However, at least these senators are proposing something, unlike the Democrats, who in the Senate have not even introduced a budget for more than three years.
Santorum and Freedom
People could live with big. It’s too big that’s getting to them. Under the Obama presidency, something outside the norm happened. Amid ObamaCare, Dodd-Frank, the $800 billion stimulus injection and a federal spending boom, something snapped in the steady-state relationship between many citizens and Washington. A lot of people feel the government, finally, is really starting to crowd them. It has made them uneasy. For the Santorum audience, the call-and-response word to push back against the unease is “freedom.”
People could live with big. It’s too big that’s getting to them. Under the Obama presidency, something outside the norm happened. Amid ObamaCare, Dodd-Frank, the $800 billion stimulus injection and a federal spending boom, something snapped in the steady-state relationship between many citizens and Washington. A lot of people feel the government, finally, is really starting to crowd them. It has made them uneasy. For the Santorum audience, the call-and-response word to push back against the unease is “freedom.”
The federal government recorded its worst monthly deficit in history in February.
The day of reckoning looms: The federal government recorded its worst monthly deficit in history in February 2012.
The [Congressional Budget Office] projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011. It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.
Obviously, this record-setting deficit is racist for occurring during the term of Barack Obama.
The day of reckoning looms: The federal government recorded its worst monthly deficit in history in February 2012.
The [Congressional Budget Office] projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011. It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.
Obviously, this record-setting deficit is racist for occurring during the term of Barack Obama.
The U.S. debt, graphed to show how it rose or fell since 1981, based on who controlled Congress and the White House.
The U.S. debt, graphed to show how it rose or fell since 1981, compared with who controlled Congress and the White House.
Though to my mind the Republicans have generally been a failure in controlling the growth of government when they held power during the past thirty years, this data shows clearly how far worse the Democrats have been during this same time period.
The U.S. debt, graphed to show how it rose or fell since 1981, compared with who controlled Congress and the White House.
Though to my mind the Republicans have generally been a failure in controlling the growth of government when they held power during the past thirty years, this data shows clearly how far worse the Democrats have been during this same time period.
An incumbent eight year Republican Congresswoman lost to a tea party favorite in Tuesday’s Ohio primary.
2010 was a trend, not a fluke: An incumbent eight year Republican Congresswoman lost to a tea party favorite in Tuesday’s Ohio primary.
This story illustrates once again that the tea party movement is not a partisan movement. Republican candidates who don’t toe the line on spending and taxes, like the Democrats, are going to lose.
2010 was a trend, not a fluke: An incumbent eight year Republican Congresswoman lost to a tea party favorite in Tuesday’s Ohio primary.
This story illustrates once again that the tea party movement is not a partisan movement. Republican candidates who don’t toe the line on spending and taxes, like the Democrats, are going to lose.
For the fourth year in a row, President Obama has defied a law that demands he take action on Medicare.
The law is such an inconvenient thing: For the fourth year in a row, President Obama has defied a law that demands he take action on Medicare.
This paragraph sums up why Obama has been so negligent:
Why won’t Barack Obama put forth a Medicare proposal? Simple. If he does, Democrats lose the opportunity to demagogue the issue in the run-up to the 2012 election.
The only politicians to propose any reasonable plan to make Medicare solvent have been the Republicans, led by Paul Ryan. I don’t like all the details in Ryan’s plan, but at least he’s proposed something. All Obama and the Democrats have been doing is fiddling while Rome burns, while blaming others for the fire.
The law is such an inconvenient thing: For the fourth year in a row, President Obama has defied a law that demands he take action on Medicare.
This paragraph sums up why Obama has been so negligent:
Why won’t Barack Obama put forth a Medicare proposal? Simple. If he does, Democrats lose the opportunity to demagogue the issue in the run-up to the 2012 election.
The only politicians to propose any reasonable plan to make Medicare solvent have been the Republicans, led by Paul Ryan. I don’t like all the details in Ryan’s plan, but at least he’s proposed something. All Obama and the Democrats have been doing is fiddling while Rome burns, while blaming others for the fire.
Santorum talked himself out of the nomination
“Santorum talked himself out of the nomination.”
As did all the conservative alternatives to Romney:
The auditions are just about over. Michele Bachmann, Rick Perry, Herman Cain, Newt Gingrich and Rick Santorum all had their chances to be the conservative champion of the nation. Each blew it in his own special way. They soared like rockets and faded away.
In Santorum’s case, it was this:
Late-breaking voters went overwhelmingly for Mitt Romney in today’s Michigan primary as Rick Santorum’s robocalls to Democratic voters, who failed to turn out in big numbers, apparently encouraging Republicans to turn out to back the former Massachusetts governor.
If you are going to run as a conservative, don’t campaign using Democrat Party talking points: Santorum tried to win Democratic union votes by criticizing Romney for not backing the auto bailout. Since the auto bailout is generally despised by conservative voters, they heard this and abandoned Santorum in droves.
“Santorum talked himself out of the nomination.”
As did all the conservative alternatives to Romney:
The auditions are just about over. Michele Bachmann, Rick Perry, Herman Cain, Newt Gingrich and Rick Santorum all had their chances to be the conservative champion of the nation. Each blew it in his own special way. They soared like rockets and faded away.
In Santorum’s case, it was this:
Late-breaking voters went overwhelmingly for Mitt Romney in today’s Michigan primary as Rick Santorum’s robocalls to Democratic voters, who failed to turn out in big numbers, apparently encouraging Republicans to turn out to back the former Massachusetts governor.
If you are going to run as a conservative, don’t campaign using Democrat Party talking points: Santorum tried to win Democratic union votes by criticizing Romney for not backing the auto bailout. Since the auto bailout is generally despised by conservative voters, they heard this and abandoned Santorum in droves.