House Budget Committee Chairman Paul Ryan (R-Wis.) led the charge today in confronting the President’s budget director on the real numbers behind the announced $4 trillion deficit reduction in the budget released on Monday. During the House Budget Committee hearing, Republicans grilled Acting White House Budget Director Jeffrey Zients on the difference between what the … Continue reading
Tag Archives: Budget
President’s budget ignores real reforms, shirks responsibility
Yesterday, the President announced his budget for fiscal year 2013, a plan that, if implemented, would raise taxes and burden younger Americans with a legacy of chronic budget deficits. The budget the President is proposing is a house of cards on a foundation of volatile debt that is quite obviously not “built to last.” During … Continue reading
Good grief Greece, what’s next?
Destruction, uncertainty, and change filled the air Monday in Athens between the rioters on the street and lawmakers in parliament. Members of parliament voted 199 in favor, 74 against and 27 abstentions of cutting minimum wage by about 22% and laying off one fifth of civil servants, about 15,000 workers.[1] Trying to obtain a €130 … Continue reading
Lack of progess in 2011 means Americans must wait for reform
In last year’s State of the Union address, President Obama laid out a bold agenda and admitted to a politically divided Congress, “We will move forward together, or not at all.” On taxes and federal deficits (and too many other issues), time has shown the latter to be true. The President concocted a recipe for … Continue reading
Policy Interns 