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The President’s Budget Cuts: A Wee Scratch, Not An Amputation

Jimmie | February 7, 2011 | Comments (5)

Last Sunday, the President’s budget director Jacob Lew took to the pages of the New York Times to spread the good news that Barack Obama is a born-again budget cutter because he has announced some $775 million in cuts to his 2011 budget. To make sure we knew just how serious the President is about [...]

We Can Handle the Deficit, but We’ll Have to Do It Over Harry Reid’s Political Hide.

Jimmie | January 28, 2011 | Comments (1)

Megan McArdle is not at all pleased with the latest debt numbers. “Grim” doesn’t seem to be a terrifying enough word to describe the budget outlook that the CBO released Wednesday. Oh, sure, we sort of knew this was coming–tax cuts are expensive if you don’t find spending cuts to match. And yet the numbers [...]

We’ll Fix Social Security Over Their Dead Political Careers, And I’m Okay with That

Jimmie | January 16, 2011 | Comments (4)

In the coming budget battle, a growing number of Democrats have chosen a side — against the American people. The battle lines are forming within the Democratic Party over the charged question of reforming Social Security in the days leading up to President Obama’s State of the Union address. Liberals, such as Sen. Bernie Sanders [...]

When It Comes to CBO Reports, Trust but Verify

Jimmie | January 6, 2011 | Comments (3)

It’s not secret that the first big target on the new Republican majority’s hit list is Obamacare. The Democrats who passed it have already begun their defense in the form of a report from the Congressional Budget Office that says an Obamacare repeal will add $145 billion dollars to the deficit over the next eight [...]

Thanks to The Constitution, The Progressives of Vanity Fair Have Suddenly Discovered Fiscal Discipline

Jimmie | January 6, 2011 | Comments (1)

This story in Vanity Fair absolutely flabbergasted me when it popped up in my RSS feed this morning. If progressives have developed such an aversion to the United States Constitution that they will unashamedly argue that reading it in the House today will cost too much money, they have utterly surrendered the issue entirely. At [...]

Robert Gibbs Last Gift: Reminding Us Who Created Four Years of Soul-Crushing Debt

Jimmie | January 5, 2011 | Comments (1)

From the blogosphere to the briefing room in less than a day. Jake Tapper got right on top of some apparent Obama hypocrisy and gave Robert Gibbs, who I note today is leaving his position as Flopsweater-in-Chief to gear up the President’s re-election campaign, the chance to make it right. Gibbs, of course, did nothing of the sort. [...]

Who Said Raising Debt Limit in 2006 Was “A Sign of Leadership Failure”?

Jimmie | January 4, 2011 | Comments (1)

Andrew McCarthy found a very convincing argument Republicans can use in the upcoming debate over whether to increase the debt ceiling to well over $14 trillion. I would like it very much if a smart conservative Senator stood up and read this, from the 2006 push to raise the debt ceiling to what today seems [...]

Hey, Small Business Owners. Better Brace for that Death Tax Compromise.

Jimmie | January 2, 2011 | Comments (1)

When the most recent tax deal passed, one of the great triumphs Republicans claimed was that the “death tax” would be only 35 percent on estates of more than 5 million dollars. The Democrats wanted a rate of 55 percent and a much lower exemption. What wasn’t widely reported by either Republicans or Democrats was [...]