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Budget Deficit Tag

Posted by William A. Jacobson on December 06, 2012 21 Comments

The danger of overplaying one's strong hand....

Posted by William A. Jacobson on November 30, 2012 47 Comments

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...

Posted by William A. Jacobson on July 31, 2012 14 Comments

There never was going to be an actual shutdown, the issue was how much drama there would be on or about October 1. The drama held great risk -- for both parties.  If played wrong by Republicans, it could have given Obama a last minute boost...

Posted by William A. Jacobson on July 06, 2012 23 Comments

This is the first ad as part of Crossroads GPS $25 million ad buy. The first 20 seconds are powerful.  Listening to Obama make excuses is powerful mockery, the most effective kind because it's his own lame words.  The last 10 seconds were not nearly as effective...

Posted by William A. Jacobson on June 07, 2012 22 Comments

Via ZeroHedge, The CBO Will Need A Bigger Chart To Forecast Exponentially-Rising US Debt: when it comes to the most recent forecast of US public debt as released hours ago, the CBO has officially run out of charting space. As can be seen on the graphc...

Posted by William A. Jacobson on April 16, 2012 23 Comments

“Barack Obama Deficit-Slayer”, by Matthew Yglesias, June 22, 2009: As the economy recovers, tax revenues will rise, social safety net outlays will fall, and stimulus measures will begin to tamp down. If we can assume further growth in 2011, the complete expiry of Recovery Act provisions, and...

Posted by William A. Jacobson on April 10, 2012 7 Comments

at least if one is dealing with reality rather than hope, is that Obamacare increases the deficit dramatically: President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next...

Posted by William A. Jacobson on March 20, 2012 38 Comments

Obama's budget proposal shows mounting national debt and deficits.  Paul Ryan unveiled the House budget proposal today, which shows a very different trajectory. Via James Pethokoukis comes this chart demonstrating the difference: After the Obama White House released its 2013 budget plan last month, U.S. Treasury Secretary...

Posted by William A. Jacobson on November 20, 2011 14 Comments

The so-called Super Committee is on the brink of failure, if it has not already failed: The congressional committee tasked with reducing the federal deficit is poised to admit defeat as soon as Monday, and its unfinished business will set up a year-end battle over emergency...

Posted by William A. Jacobson on August 23, 2011 11 Comments

I was right when I said Republicans should take the debt deal, as bad as it was, because otherwise any negative consequences would provide Obama an excuse for his own failures. And I was right. Polling in the three weeks since the deal was announced has shown...

Posted by William A. Jacobson on August 17, 2011 6 Comments

What was the first thing that popped into your mind when you read the post title? The Super-Committee, right?  When talks break down we're going "to make a series of dangerous unilateral concessions to try to convince" the Democrats "to come back to the conference table." Well, not...

Posted by William A. Jacobson on August 10, 2011 19 Comments

Yesterday Harry Reid appointed John Kerry, Patty Murray and Max Baucus. Today Republicans appointed: Speaker John A. Boehner chose three senior Republican House memebrs: Jeb Hensarling of Texas, and Dave Camp and Fred Upton, both from Michigan. Mr. Hensarling, who is chairman of the House Republican Conference, will...

Posted by William A. Jacobson on August 09, 2011 20 Comments

along with Patty "Why Won't the Koch Brothers Donate to Democrats?" Murray, and Max "Obamacare creates near chaos" Baucus.  (via HotAir) What possibly could go wrong?  Or right (is Baucus a weak link?)? Analysis, please....

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