GOP set to roll out $2.5 trillion in cuts over next 10 years
It’s just a start: GOP set to roll out $2.5 trillion in cuts over next 10 years.
It’s just a start: GOP set to roll out $2.5 trillion in cuts over next 10 years.
Tag: deficit
GOP set to roll out $2.5 trillion in cuts over next 10 years
GOP spending cuts would affect millions of people
Here come the squeals! GOP spending cuts would affect millions of people.
Oh my! “Millions!” The world is going to end! Soon it will be gabillions, then squajillions, and finally megabajillionmillionbillions!
Here come the squeals! GOP spending cuts would affect millions of people.
Oh my! “Millions!” The world is going to end! Soon it will be gabillions, then squajillions, and finally megabajillionmillionbillions!
What Congress Should Cut
What Congress should cut. And they find $3 trillion in only 14 paragraphs. Key quote:
None of this will be easy. Many will likely demagogue any reduction in the rate of growth of spending as a devastating “cut.” But the politics of spending has changed, and there is an expectation among fiscally conservative voters—Republicans, independents, tea partiers and even Democrats—that the government tighten its belt, just as American families have been forced to do. Some in the Republican establishment have already started complaining that this is too politically difficult. These naysayers misread today’s political climate. Should they succeed in blocking change, tea party voters will hold them just as accountable as big-spending Democrats.
What Congress should cut. And they find $3 trillion in only 14 paragraphs. Key quote:
None of this will be easy. Many will likely demagogue any reduction in the rate of growth of spending as a devastating “cut.” But the politics of spending has changed, and there is an expectation among fiscally conservative voters—Republicans, independents, tea partiers and even Democrats—that the government tighten its belt, just as American families have been forced to do. Some in the Republican establishment have already started complaining that this is too politically difficult. These naysayers misread today’s political climate. Should they succeed in blocking change, tea party voters will hold them just as accountable as big-spending Democrats.
NASA needs billions to get Lockheed Martin’s Orion into space
And NASA thinks it can compete with SpaceX or Orbital Sciences? The agency is asking for billions more to build the Orion capsule.
And NASA thinks it can compete with SpaceX or Orbital Sciences? The agency is asking for billions more to build the Orion capsule.
NPR Launches Offensive Against Congressman Trying to Cut Its Funding
The squealing is getting louder: NPR has launched an offensive against the congressman who wants to cut its funding.
The squealing is getting louder: NPR has launched an offensive against the congressman who wants to cut its funding.
Almost three quarters of the public opposes raising the country’s debt limit
I wish Congress understood this: Almost three quarters of the public opposes raising the country’s debt limit.
I wish Congress understood this: Almost three quarters of the public opposes raising the country’s debt limit.
Treasury Secretary Geithner says in letter to Congress US may go into default
The money is not there, and Treasury Secretary Geithner agrees. On January 6 he wrote a letter to Congress, stating that the US will go into default if the debt ceiling is not raised.
The money is not there, and Treasury Secretary Geithner agrees. On January 6 he wrote a letter to Congress, stating that the US will go into default if the debt ceiling is not raised.
Some squeals from the right: Don’t cut defense
Some squeals from the right: Don’t cut defense.
As much as I think it necessary to aggressively fight the wars we are in, I have no doubt that the budget of the Defense Department could be trimmed by significant amounts, without harming our capabilities in the slightest.
Some squeals from the right: Don’t cut defense.
As much as I think it necessary to aggressively fight the wars we are in, I have no doubt that the budget of the Defense Department could be trimmed by significant amounts, without harming our capabilities in the slightest.
Two House bills introduced to eliminate funding for NPR
More progress: Two House bills have been introduced to eliminate funding for NPR and the Corporation for Public Broadcasting.
Stand by for loud squealing.
More progress: Two House bills have been introduced to eliminate funding for NPR and the Corporation for Public Broadcasting.
Stand by for loud squealing.
Christie actually shutters a government agency
More please! New Jersey Governor Chris Christie has actually shut down a government agency.
More please! New Jersey Governor Chris Christie has actually shut down a government agency.
House to vote Thursday on 5 percent cut to office expenses
More progress: The House plans to vote Thursday on a five percent cut in office salaries and expenses.
More progress: The House plans to vote Thursday on a five percent cut in office salaries and expenses.
Arianespace Needs Aid To Avoid Loss in 2010
Another government-operated business that is losing money: Arianespace is requesting financial aid from the member nations of the European Space Agency to avoid a loss in 2010. This despite the fact that “the current request comes at a time when Arianespace might be expected to be in prime financial health.”
Another government-operated business that is losing money: Arianespace is requesting financial aid from the member nations of the European Space Agency to avoid a loss in 2010. This despite the fact that “the current request comes at a time when Arianespace might be expected to be in prime financial health.”
G.O.P. Vows to Cut Spending and Roll Back Health Care Bill
Good news, if we can believe them: The Republican leadership in Congress vows to cut spending and roll back ObamaCare.
Good news, if we can believe them: The Republican leadership in Congress vows to cut spending and roll back ObamaCare.
Wisconsin State Workers Fret as G.O.P. Takes Over
The just ended 111th Congress Added More Debt Than First 100 Congresses Combined
Numbers to scare you: The just ended 111th Congress added more debt than the first hundred Congresses combined.
Numbers to scare you: The just ended 111th Congress added more debt than the first hundred Congresses combined.
Hawaii’s earmark funding spigot appears to go dry
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.
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.
Scientists Rail Against Senator Who Belittled Research
Oink! Scientists rail against senator who belittled research.
Oink! Scientists rail against senator who belittled research.
Alabama Town’s Failed Pension Is a Warning
Alabama town’s failed pension is a warning.
Alabama town’s failed pension is a warning.
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.
So What Happens When California Goes Bankrupt
So what happens when California goes bankrupt?
So what happens when California goes bankrupt?
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.
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.
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.
NOW Calls On President Obama To Reject
NOW Calls On President Obama To Reject Fiscal Commission’s Assault On Social Security
Oink! The National Organization of Woman is demanding that President Obama reject the Social Security recommendations of his Fiscal Commission.
Oink! The National Organization of Woman is demanding that President Obama reject the Social Security recommendations of his Fiscal Commission.
NPR says it’s ‘imperative’ that its federal funding not be cut
Will the squealing never stop? NPR says it’s ‘imperative’ that its federal funding not be cut.
Will the squealing never stop? NPR says it’s ‘imperative’ that its federal funding not be cut.
Commercial space advocates fight proposed spending cut
More squealing of pigs! The advocates for commercial space are screaming about the spending cuts proposed by the White House’s deficit reduction commission.
More squealing of pigs! The advocates for commercial space are screaming about the spending cuts proposed by the White House’s deficit reduction commission.