Budget for 2012

THE ROAD TO FISCAL RUIN – OUR ENTITLEMENT STATE

JULY 28, 2011 The Road to a Downgrade A short history of the entitlement state. EXCERPT FROM THIS ARTICLE: Many on the left still blame Ronald Reagan, but the debt increase in the 1980s financed a robust economic expansion and victory in the Cold War. Debt held by the public at the end of the […]

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THE DEBT CEILING AND THE PURSUIT OF HAPPINESS

JULY 25, 2011 A welfare state that led to permanent austerity would betray the principles that have made American culture exceptional. By ARTHUR C. BROOKS EXCERPT FROM THIS ARTICLE:Consider a few facts. The Bureau of Economic Analysis tells us that total government spending at all levels has risen to 37% of gross domestic product today

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VIDEO – MSNBC CONTESSA BREWER QUESTIONS MO BROOKS RE HIS ECONOMICS DEGREE

MSNBC To GOP Congressman: “Do You Have A Degree In Economics?” MSNBC’s Contessa Brewer, you may remember just yesterday said the attack on Rupert Murdoch at a hearing encapsulated what the British were feeling. Today, Contessa “educated” a conservative Representative that without the bailout, the country would be in “a depression.” Rep. Mo Brooks (R-AL)

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CONGRESSWOMAN VIRGINIA FOXX VOTES FOR CUT, CAP AND BALANCE ACT

Foxx votes for Cut, Cap and Balance Act Applauds passage of historic debt reduction bill WASHINGTON, D.C.—Congresswoman Virginia Foxx, (NC-05) voted last night to pass the Cut, Cap and Balance Act (H.R. 2560).  The bill would cut spending by more than $100 billion next year and by $6 trillion over the next ten years.  Additionally,

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PAUL RYAN DISSECTS THE GANG OF SIX PLAN

NATIONAL REVIEW ONLINE www.nationalreview.com The Corner EXCERPT FROM THIS ARTICLE: As for the negatives, Ryan blasts the plan, which “appears to increase revenues by $2.8 trillion,” for relying far too heavily on tax increases. He also raises concerns over the composition of the proposed spending cuts in the plan, which appear to achieve most of

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ALLEN WEST SLAMS WASSERMAN SCHULTZ IN EMAIL

House of Representatives Rep. West Stands by Email Calling Wasserman Schultz ‘Vile, Despicable and Cowardly’ Published July 19, 2011 | FoxNews.com WASHINGTON — Republican Rep. Allen West of Florida is standing by an incendiary email he sent to a Democratic colleague after she criticized him in a speech on the House floor. “I think it’s

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MINNESOTANS SHRUG OFF THE SHUTDOWN

JULY 16, 2011 The unavailability of beer, cigarettes and fishing licenses seemed to annoy them the most. By DAVID STROM Minneapolis What if they had a government shutdown and nobody cared? That about sums up what’s just happened in Minnesota. The fiscal year ended on June 30, and since then all but “essential” services of

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THE OBAMA DOWNGRADE

JULY 15, 2011 The real reason the U.S. could lose its AAA rating. So the credit-rating agencies that helped to create the financial crisis that led to a deep recession are now warning that the U.S. could lose the AAA rating it has had since 1917. As painfully ironic as this is, there’s no benefit

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