Posts Tagged: Budget

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Sequestration – Threat or Strategy? [Reader Post]

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Senator Dick Durbin (D-IL), on Sunday’s (February 10, 2013) Meet The Press, told host David Gregory, “David, sequestration was designed as a budget threat, not as a budget strategy.” That is certainly a shocker, a Democrat telling the truth. Durbin continued, “And, I think all of us understand that if it goes forward in less… Read more »


A tale of two ceilings [Reader Post]

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Or, why I think Barack Obama has his head up his…..somewhere.

Action on raising the debt ceiling nears, and some Republicans have voiced their potential opposition to raising it.

To some conservatives, refusing to raise the limit on the federal debt could be an effective tactic to force lawmakers into cutting spending and facing such contentious issues as the rising costs of Social Security, Medicare and other entitlement programs.

The California Mess

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Alanis Morissette’s song “Isn’t It Ironic” comes to mind while reading this: Arnold Schwarzenegger stormed into office during California’s last budget crisis, promising to “end the crazy deficit spending” so the state would never go over the financial cliff again. But four years later, California is back in the same spot. The cooling economy has… Read more »