Legal Insurrection
College Insurrection
Budget Deficit  (Page 1)

National Debt Climbs to Over $18 Trillion Dollars

Comments
Permalink
Posted by  ▪  Wednesday, December 3, 2014 at 9:45am
18 Trillion Dollar Debt

As politics and media have continued to obsess about Ferguson, a very serious thing has occurred.

Our national debt topped $18 trillion dollars. That’s more than our GDP.

John Hinderaker of Powerline reports:

Federal Debt Soars to Over $18 Trillion

A year or so ago, the Democrats started telling us that the national debt was...

Read More...
 
 
 

Still trying to digest the Big Belly Budget

Comments
Permalink
Posted by  ▪  Tuesday, January 14, 2014 at 4:11pm
Budget Surgery 590 LI 2

Any other “Bs” you can come up with regarding this?

Lawmakers unveil massive $1.1 trillion spending bill in bipartisan compromise:

Congressional negotiators unveiled a $1.1 trillion funding bill late Monday that would ease sharp spending cuts known as the sequester while providing fresh cash for new priorities, including President Obama’s push to expand...

Read More...
 
 
 

You can have your Ryan-Murray Budget even if you don’t like it

Comments
Permalink
Posted by  ▪  Tuesday, December 17, 2013 at 11:46am
Paul Ryan Patty Murray announce budget deal 12-10-2013

Whether you should like it is a different question, but it will be law soon.

Via USA Today, Senate vote clears budget deal for passage this week:

The Senate on Tuesday cleared a key procedural hurdle for final passage...

Read More...
 
 
 

The nation is burning down with debt, and Republicans are hanging Christmas budget decorations on the front porch

Comments
Permalink
Posted by  ▪  Thursday, December 12, 2013 at 9:11am
Paul Ryan Hannity Budget Deal 12-11-2013

I should have been more all over the budget deal reached between Paul Ryan and What’s-Her-Name-From-Way-Over-There.

I’ve been trying to understand both the details and the big picture. One thing I have noticed is that the mainstream media is loving it, REPUBLICAN SCHOOLYARD FIGHT! (Today’s ALL CAPS courtesy of Jim Geraghty.)

From Rick...

Read More...
 
 
 

Deal: You can keep your budget reform if you like it

Comments
Permalink
Posted by  ▪  Tuesday, December 10, 2013 at 6:35pm
Paul Ryan Patty Murray announce budget deal 12-10-2013

I just watched the press statements from Paul Ryan and Patty Murray.

The details are being described all around as “modest” and a time out. The key is that nothing much was accomplished as to the overall budget trajectory. There also was “sequester relief,” meaning that one of the only...

Read More...
 
 
 

Don’t let a government scale-back go to waste

Comments
Permalink
Posted by  ▪  Monday, October 7, 2013 at 8:45am
John Boehner Stand and Fight

Rahm Emanuel, speaking soon after Obama took office in 2009, famously suggested that the Obama administration would not let a serious crisis — the Fall 2008 credit crisis — go to waste:

Republicans would do well to heed that advice, advice which Obama used to his advantage to push through the failed...

Read More...
 
 
 

Sequester — already the biggest lie of 2013

Comments
Permalink
Posted by  ▪  Thursday, February 21, 2013 at 10:26am

On the very short drive to work this morning, I heard an interview on local AM 870 radio with the Tompkins County town administrator.

The radio host kept trying to scare everyone about the Sequester cuts, repeatedly asking how it would affect people in Tompkins County.  The administrator couldn’t go t...

Read More...
 
 
 

Dear @SpeakerBoehner, it’s time for Plan C — The Christmas Strategy

Comments
Permalink
Posted by  ▪  Tuesday, December 18, 2012 at 1:14pm

It is very frustrating to watch John Boehner and House Republicans twist themselves into contortions in a futile attempt to appease Obama.

Plan B failed before it was swallowed because Obama believes that he can shift the blame to Republicans based on the arbitrary deadline for taxes to rise.  There is no...

Read More...
 
 
 

Emerging fiscal cliff deal in two words

Comments
Permalink
Posted by  ▪  Monday, December 17, 2012 at 5:30pm

Locked in trillion dollar tax revenue increase.

Promises, promises on spending cuts.

According to the frequently wrong but always wonkish-proclaiming Ezra Klein, this is where the Boehner-Obama negotiations are heading:

Boehner offered to let tax rates rise for income over $1 million....

Read More...
 
 
 

Dear @SpeakerBoehner, have you heard of The Christmas Strategy?

Comments
Permalink
Posted by  ▪  Wednesday, December 12, 2012 at 11:16am

I am going to keep repeating The Christmas Strategy until someone in Republican circles listens:

I say call his bluff. If a deal which tackles deficits from both revenue and spending can be reached this month, great.

If not, pass a 90 day extension of current tax rates and whatever else is needed...

Read More...
 
 
 

The Christmas Strategy should satisfy the LIBs and LIBINOs

Comments
Permalink
Posted by  ▪  Tuesday, December 11, 2012 at 9:45am

From DrewM at Ace of Spades HQ, What Does Let It Burn Mean? (h/t Hot Air), :

As one of the first, if not the first, people to say Let...

Read More...
 
 
 

What don’t Republicans in Congress understand about the Christmas Strategy?

Comments
Permalink
Posted by  ▪  Sunday, December 9, 2012 at 2:10pm

Sometimes I think we would be better off leaderless.  Senator: GOP could accept tax hikes on very rich:

There is a growing group of folks looking at this and realizing that we don’t have a lot of cards as it relates to the tax issue before year end,” [Tennessee Senator Bob] Corker...

Read More...
 
 
 

Democrats’ “Stop or I’ll shoot myself” negotiating strategy working like a charm

Comments
Permalink
Posted by  ▪  Thursday, December 6, 2012 at 4:37pm

When I read this line in Kurt Schlichter’s excellent post, A Lawyer’s Tips on Negotiating for Dummies and Congressional Republicans, I had to laugh:

Sound a bit, well, crazy? Unreasonable? Even scary? Good, because a skilled lawyer understands...

Read More...
 
 
 

Barack Morsi

Comments
Permalink
Posted by  ▪  Thursday, December 6, 2012 at 1:38pm

I don’t think anyone doubts that Obama has superior bargaining power on the “fiscal cliff.”

Part of that power comes from a superior messaging machine which bizarrely has convinced the public that Republicans are holding “middle class” (including people making low six figures) “tax cuts” (which are not tax cuts, but a...

Read More...
 
 
 

Progressive fund retires consumer debt (now if only they were as concerned about our national debt)

Comments
Permalink
Posted by  ▪  Tuesday, December 4, 2012 at 11:23am

I have been pretty harsh on liberal blogger Allison Kilkenny in the past for her playing the Nork Card on John Bolton and the “sexy” card on Sarah Palin, her hysteria over Catholic charities, and her misfire on Bill Sparkman.  She was a big cheerleader for the Occupy movement.

All her hard efforts...

Read More...
 
 
 

Juuuummmmp

Comments
Permalink
Posted by  ▪  Friday, November 30, 2012 at 10:30am

Depending on who you ask, and at what moment in time, the “fiscal cliff” either is End Times, or not.

Obama is in campaign mode, as usual, that bizarre never-never-land where negotiating means running to rallies.

Given Obama’s permanent campaign, and the lack of seriousness in his proposals, a growing chorus on the...

Read More...
 
 
 

Dem electoral strategy – convince Grandparents to throw Grandchildren off fiscal cliff

Comments
Permalink
Posted by  ▪  Monday, August 13, 2012 at 8:15am

There is no more misleading imagery than the ad run by Democrats in which a Paul Ryan-looking figure throws Granny off a cliff due to Medicare cuts:

The ad has it exactly opposite to reality.  Republican proposals would keep Medicare the same for people already in the system or 10 years away from...

Read More...
 
 
Page 1 of 912345...Last »