Intoxination

Tag: budget deficits

Dec 27
2011

Get Ready For Another Debt Limit Fight

Politics

We just got over one of these, but here it comes again: The White House plans to ask Congress for an increase in the debt limit before the end of the week, according to a senior Treasury Department official. The debt limit is projected to fall within $100 billion of the current cap by December […]

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Jul 27
2011

The Plan Boehner Pushed On National Television Is Rejected By His Own Party

Politics

Monday night, House Speaker John Boehner took to the airwaves to taught his deficit reduction plan. Of course the left didn’t like this plan, but they aren’t alone: The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of ten years and just $1 […]

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Apr 15
2011

House Republicans Pass Obamacare For Seniors!

Politics

The House has just passed the Ryan budget plan: The House has passed a Republican budget blueprint proposing to fundamentally overhaul Medicare for future beneficiaries while combating out-of-control budget deficits. It would impose sharp spending cuts on social safety net programs like food stamps and Medicaid. The GOP proposal passed 235-193, with every Democrat voting […]

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Feb 28
2011

Michael Bloomberg On Unions

Economy

The mayor of New York hits the nail on the head: Correcting this imbalance is not easy, but in a growing number of states, budget deficits are being used to justify efforts to scale back not only labor costs, but labor rights. The impulse is understandable; public sector unions all too often stand in the […]

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Mar 30
2006

Bush's Definition of Fiscal Responsibility

Misc

We still got seniors who can not afford vital medications because of the new Medicare plan. New Orleans still looks like a third world country as the entire Gulf Coast region fights to get money so they can rebuild. Our nation’s infrastructure is crumbling. A drive down any road proves that. So with all those […]

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