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  • entitlement spending

    Survey Says…Taxes too High, Kill the Death Tax

    The Tax Foundation released its “2009 Survey of U.S. Attitudes on Taxes, Government Spending and Wealth Distribution” yesterday. Some interesting findings include: 56 percent of respondents think taxes are too high; Only 14 percent are willing to pay more than $10,000 a year in total taxes for the government services … More

    Global Financial Crisis=Minnow. Entitlements Crisis=Whale.

    That’s a bit of an exaggeration. No serious person can deny the importance of the global financial crisis. We can only hope that the U.S. and Britain don’t get swept away by its urgency and agree to a lot of European and Russian proposals that would make it worse, and … More

    It’s Time for a Pro-Growth Economic Policy

    Is President Obama’s economic policy preventing the economy from recovering? The Wall Street Journal thinks so. Tuesday’s editorial notes, After five weeks in office, it’s become clear that Mr. Obama’s policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to … More

    Confronting the Entitlement Crisis Deniers

    Liberal author Robert Kuttner doesn’t believe in the entitlement crisis. His argument – reflecting conventional far left thinking on the issue – goes something like this: Conservatives exaggerate the entitlement problem by using shady figures. Social Security is just fine, so don’t worry about it. Medicare is a problem, but … More

    Obama’s “Fiscal Responsibility Summit” Can Help Solve Entitlement Crisis

    President Obama will host a three-hour “Fiscal Responsibility Summit” at the White House Monday to “underscore how big the problems are.” Sixty members of the House and Senate, and representatives from various think-tanks and advocacy organizations from across the political spectrum will attend in an effort to sort out the … More

    The Real "Ever-Expanding" Threat to Fiscal Sanity

    Congressman Barney Frank met with reporters recently to further voice support for the $700 Billion TARP allocation while concurrently hinting at the need for defense cuts. In his statement, the Congressman said, “The biggest ongoing threat, I believe, to fiscal sanity in this country is an open-ended ever-expanding military budget.” … More

    'Too Rich for Tax Cuts, Not Poor Enough for Free Health Care'

    Washington – Michigan Congressman Dave Camp raised doubts and highlighted confused realities of the Democrat Spending Bill at today’s Conservative Bloggers’ Briefing, held at the Heritage Foundation. Camp compared provisions in the Spending Bill and the recently passed SCHIP Bill, calling their contradictions ‘absurd.’ “You’re too rich to get a … More

    Entitlement Reform? A 'Must Do' for Obama

    After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending, President-elect Obama has pledged to hold a “fiscal responsibility” summit focusing on entitlement reform. Although the devil is in the details, facing up to the … More

    Morning Bell: Preventing the Biggest Bailout of All

    The bailout parade is continuing unabated in Washington this week. On the heels of a $25 billion bailout for the automotive industry, the Bush Administration agreed yesterday to a $4.3 billion bailout of Massachusetts’ out of control health care spending. Apparently when numbers like $700 billion are being thrown around, … More

    No Change Coming in Tax Policy

    MINNEAPOLIS – Economic advisers from both Barack Obama and John McCain’s campaigns squared off in a panel on tax policy this afternoon, and the consensus among the non-partisan members of the panel was that no matter who wins, Americans should not expect any major changes in tax policy. After both … More