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    The U.S. Government Debt Default Bogie Man Scares No One

    Ever since the debate over the debt limit began in earnest at the start of the year, the Obama Administration, led by Treasury Secretary Tim Geithner, has implied that the U.S. might default on its publicly held debt. In his press conference today, the President said that “it is not … More

    Chart of the Week: Tax Burden Is Rising to Highest Level in History

    President Obama will meet with congressional leaders tomorrow to resume talks on the debt limit. The rare Sunday meeting between top Republicans and Democrats could signal the start of “hard bargaining” after Thursday’s debt talks left the parties far apart. While Democrats want tax increases on the table in debt negotiations, Republicans … More

    Scribecast: DeMint Says Obama Trying to 'Run Out the Clock' on Debt Talks

    In a Thursday interview with Scribe, Sen. Jim DeMint, R-SC, claimed that President Obama has no real intention of striking a deal with Republicans on the debt ceiling. Rather, he said, the talks between congressional leaders and the White House have been efforts to “run out the clock up against … More

    Top 10 Reads: July 7, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Addicted to subsidies – Derek Scissors Health-care legislation will take millions off the tax rolls – Brian Blase & Paul Winfree Tax hikes not needed to balance budget – Curtis Dubay … More

    Obama Vastly Underestimates Size of Education Budget in Twitter Town Hall

    During his Twitter Town Hall yesterday, President Obama vastly underestimated the size of the bloated Department of Education budget. The nice thing about the defense budget is it’s so big, it’s so huge, that, you know, a 1 percent reduction is the equivalent of the education budget. I’m exaggerating. But … More

    What Obama Doesn't Know about Defense Spending

    In yesterday’s “Twitter Town Hall,” President Barack Obama demonstrated yet again his failure to understand the size of the defense budget—as well as his desire to slash it in order to fund domestic spending. Here’s how the President described it: [T]he nice thing about the defense budget is it’s so … More

    Morning Bell: In Debt Limit Debate, Higher Taxes Aren't the Answer

    Republican congressional leaders will meet in the White House today with their Democratic counterparts and President Obama in an effort to reach an agreement on the debt ceiling. Reports are sketchy as to whether they will succumb to arm-twisting by the White House, amplified in the media, to cut a … More

    The Left's Desperate, Devious and Dangerous 14th Amendment Ploy

    Seeking to make virtue out of vice, the political Left has launched a desperate, devious and dangerous ploy to prevent the spending cuts that the public demands. They are laying the groundwork for President Obama to bypass negotiations and to ignore the $14.3-trillion statutory ceiling on federal debt.  They want … More

    Battle of the Charts: Spending Is the Problem, No Doubt About It

    While Americans across the country were celebrating independence on Monday, Talking Points Memo (TPM) was churning out its “Chart of the Day” to support the false claim that the nation doesn’t have a serious spending problem. According to TPM, conservatives in Congress are focused on cutting discretionary spending as part … More

    On Debt, Don’t Let Politicians Rush Through Another Bad Deal

    Our future should not be determined behind closed doors.  Yet that’s where the White House and Congress are holding secret talks about our debt ceiling and about taxes and spending. We deserve openness instead.  We don’t need another farce when the players suddenly burst from their huddle, line up Members … More