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  • Debt Ceiling

    Debt Ceiling Debate: Making Bad Health Policy Worse Doesn’t Justify Budget Savings

    Red Alert! Conservatives in Congress and elsewhere should be warned: The Administration’s latest signal for “compromise” may end up as little more than an expansion of existing bad policy, rather than a serious effort to enact substantive reforms. And only substantive reforms can change the perverse incentives that plague giant … More

    Top 10 Reads: July 8, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. The Debt Ceiling and the Constitution – Stephen Moore Of Pork and Trade – Investor’s Business Daily In Search of a Silver Lining – Rea Hederman For Americas 99ers, jobs crisis … 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

    No More Bad Medicare Policies for a Debt Limit Deal: They Cost Too Much!

    The Hill reports that conservatives in Congress are considering extending Medicaid drug rebates to low-income seniors participating in the Medicare prescription drug program (Part D) as part of a deficit reduction deal to increase the debt limit. Transforming certain federal health programs—i.e., Medicare and Medicaid—is crucial to making a meaningful … More

    Soaking the Rich to Raise the Debt Ceiling Won’t Solve Spending Problem

    In the debate about raising the debt ceiling, the reality is often lost that the top 10 percent of income earners—those making more than $113,799 in 2008 (the latest year available from the IRS)—already pay 69.9 percent of the income taxes. The same top 10 percent, however, earn only 45.8 … More

    Senator Predicts Court Challenge If Obama Uses 14th Amendment for Debt

    Sen. Ron Johnson (R-WI) today predicted lawmakers would take President Obama to court if he deemed the debt ceiling is unconstitutional under the 14th Amendment. Liberals have floated the desperate and devious ploy in recent days to avoid spending cuts demanded by conservatives. “If the president decides to do that … 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

    Heritage Radio: Fast and Furious, Rep. Price on Debt Ceiling, More

    In this month’s Libertad Radio Show on WBER in Fairfax, Virginia, our Heritage team had a chance to sit down with experts and political leaders to discuss issues ranging from Mexico and Afghanistan, to the economy and jobs. The first half of the hour-long show is in Spanish, the second … More

    Top 10 Reads: July 5, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. A decent military takes cash – Ed Feulner The Year of School Choice – Wall Street Journal Game on, not over, for parents – Charles A. Donovan Know Your Enemy: Meet … More