A budget plan sensitive to the needs of the poor would encourage charitable giving, right? At the very least, in an economy where more people struggle to pay for medical procedures and their kids’ education, a responsible budget shouldn’t discourage giving to hospitals or universities, right? Unfortunately, this isn’t the …
The Congressional Budget Office (CBO) has completed its initial review of President Barack Obama’s budget request and found that the White House significantly understated the cost of and red ink in its budget. While President Obama claimed his budget would produce $7.2 trillion in deficits (a staggering figure) over the …
Health and Human Services (HHS) Secretary Kathleen Sebelius testified in front of the Senate Finance Committee yesterday about the President’s 2012 fiscal year budget and the status of health care reform. Despite the projected $1.6 trillion deficit in the President’s budget, Sebelius claimed that it represents “the blueprint for putting …
Is the President’s new “winning the future” slogan about America succeeding, or is it about his 2012 campaign hopes? President Obama’s FY2012 budget proposal makes it clear that he did indeed punt on making the difficult choices our country badly needs. He even failed to use the recommendations of his …
At his press conference defending his FY 2012 budget yesterday President Barack Obama told the American people: “What my budget does is to put forward some tough choices, some significant spending cuts so that by the middle of this decade our annual spending will match our annual revenues. We will …
One of the more talked about highlights of the President’s energy budget is his growing support for small modular reactors (SMRs). This includes $30 million for research and development and $67 million for licensing activities. While the President should be commended for recognizing the potential of SMRs, his approach unfortunately …
Since President Barack Obama was sworn into office total entitlement spending has grown 4%, total discretionary has soared 16%, and the national debt has exploded 43%. Over that same time the United States economy has lost 3.3 million jobs. President Obama cannot be blamed for the most recent recession, but …
