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    New Research Confirms that Spending Cuts Stimulate the Economy

    New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth and are the only historically reliable way to lower deficits and debt. The authors of the study, Alberto Alesina and Francesco Giavazzi, write that “spending-based … More

    Premium Support Proposals: Key Elements and a Comparison

    A new poll by Reason-Rupe shows that Americans support the structural reform of a premium support model for Medicare. The current Medicare program has made $38 trillion of unfunded promises to seniors over the next 75 years, and the Part A trust fund is predicted to be bankrupt as soon … More

    Got Principles? The Ryan Budget Does

    Buried deep in the President’s hyperbolic assault on the House-passed budget last week—with all that “radical vision” and “social Darwinism” rhetoric—was one kernel of truth: “This isn’t a budget supported by some small rump group in the Republican Party,” the President said. “This is now the party’s governing platform. This … More

    The Buffett Rule is a Calculated Distraction from Obama’s Failed Leadership

    What do you do when you’re losing a debate?  Change the subject.  That’s really all you need to know to understand President Obama’s resuscitation of his infamous “Buffett Rule” that would impose a minimum 30 percent effective tax rate on businesses and families earning $1 million. The Supreme Court gave … More

    Head Start: President's Scaremongering Won't Work

    On Tuesday, President Obama criticized Representative Paul Ryan’s (R–WI) budget proposal as making “draconian cuts” to federal spending programs. In particular, the President said, “If this budget becomes law and the cuts were applied evenly, starting in 2014, over 200,000 children would lose their chance to get an early education … More

    Senate Has an Un-Budget, Parliamentarian Rules

    Hats off to the Senate parliamentarian, who apparently has rebuffed the Democratic leadership’s latest excuse for failing to bring a budget to the floor—something the Senate hasn’t done for nearly three years. Since February, Majority Leader Harry M. Reid (D–NV) and his lieutenants have claimed the Budget Control Act (BCA)—spawn … More

    Morning Bell: The President's Curious Speech Lacks Solutions

    If you’re looking for an iron-clad indictment of Barack Obama’s failed fiscal policies, you don’t have to look much farther than the President’s own words in a speech he delivered yesterday at the Associated Press luncheon in Washington, D.C. In what was seemingly an attempt to criticize House Budget Committee … More

    President Obama's Curious Paul Ryan Speech

    Why would the President, elected to the highest office in the land, stoop to attack a plan authored by the Chairman of the House Budget Committee, Paul Ryan (R–WI)? It’s a budget whose individual policies stand virtually no chance of ever becoming law, if for no other reason than the … More

    So, Where Is the President's Solution to the Fiscal Crisis?

    If President Obama wants to challenge the House Republican budget passed last week, he certainly should. His views would be more enlightening, however, if they actually said something substantial, instead of the shrill hyperbole he repeated today. In a speech at an Associated Press luncheon, Mr. Obama branded the House … More

    Defending Paul Ryan on Defense

    Representative Paul Ryan (R–WI) generated a few headlines defending his defense budget. When pressed about why he wanted to invest more in the military than the Pentagon brass asked for, Ryan had an answer that raised eyebrows: “We don’t think the generals are giving us their true advice,” Ryan said … More