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  • Debt Ceiling

    Top 10 Reads: August 2, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. A Dangerous Debt Ceiling Deal – Kim R. Holmes, Ph.D. Who To Blame for Defense Cuts? – John Guardiano Obama and McConnell: Debt Ceiling Gives GOP’s Great Dismantler His Moment – … More

    Debt Ceiling Plan to Cut Only $1.7 Trillion When Adjusted for Inflation

    The Congressional Budget Office (CBO) announced yesterday that the Budget Control Act of 2011 would lead to $2.1 trillion in deficit reductions. But the CBO’s letter to congressional leaders is somewhat misleading. Table 3 of the document shows how much in discretionary and mandatory deficit reduction the CBO estimates would … More

    Morning Bell: Our Work Has Only Begun

    My fellow conservatives, Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the needs of the country. They are disappointed with a broken government that refuses to fix itself. And they are disappointed that the Budget Control Act … More

    Washington in a Flash: Debt Deal Divides Conservatives

    Today marks the Obama administration’s debt deadline, and lawmakers in both parties are rushing to comply. The House hurriedly passed the Budget Control Act yesterday on a vote of 269 to 161. Sixty-six conservatives broke ranks. The Senate is expected to vote today; several conservatives have already voiced their opposition. Meanwhile, transparency … More

    A Dangerous Debt Ceiling Deal

    The deep cuts in defense spending envisioned in the just-announced debt ceiling deal raise a fundamental question for Americans: Will we let a deal stand that promises to end American security as we know it? Or will we demand that the deal, born of crisis-driven politics in Washington, be abandoned … More

    Top 10 Reads: August 1, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Hold the Line! – Brian Darling Defense and the Debt Ceiling – John R. Bolton What Really is Poverty? – Ed Feulner Azerbaijan’s Afghan contribution – Ariel Cohen & Robert Nicholson … More

    Even the Fakery is Fake: Joint Committee is Not Required to Recommend $1.5 Trillion in Deficit Reduction

    The “Budget Control Act of 2011″ (BCA) contains provisions for a joint committee of Congress, whose supposed job it is to make recommendations to reduce the deficit by $1.5 trillion.  But the legislation does not require the joint committee to do that job.  It is merely a “goal” of the … More

    President’s Debt Ceiling Agreement A Raw Deal for National Security

    This week, President Obama celebrates both a birthday and (maybe) a budget deal. The second looks to hardly to be a cause for celebration. Obama has worked hard to ensure a deal that leaves open the prospects for deep defense cuts. As the debate has progressed, the President’s antipathy toward … More

    Morning Bell: Liberals Force Choice Between Economic and National Security

    Put the security of the nation at risk or raise taxes. This is the sour “deal” liberal lawmakers are offering in exchange for insufficient spending cuts, according to reports of this weekend’s debt negotiations in Washington. The framework that Republicans and Democrats are close to approving would raise the debt … More

    Washington in a Flash: Politicians Agree to a Deal, Not a Solution

    Lawmakers in both houses of Congress are moving quickly to vote on the latest debt-limit deal — a plan agreed to Sunday night by President Obama and congressional leaders. Republicans and Democrats negotiating the agreement hailed it last night, but conservatives are less than impressed by the plan. Sen. Mike … More