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federal budget

  • Federal Budget Outlook0

    • April 20, 2011

    Republican and Democratic responses to Standard & Poor’s negative outlook on the federal debt are so predictable they could have been scripted years ago. Democrats want to address the deficit by soaking the rich; Republicans want to cut supposedly vital programs such as Medicare and Planned Parenthood. The problem with soaking the rich, as economist […]

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  • The U.S. Budget Situation is Worse than Even You Imagined0

    • March 12, 2011

    Last week, Senator John Kerry (D.-Mass) was unhappy with a Republican plan to cut as much as $61 billion out of the federal budget.  “I think it’s an ideological, extremist, reckless statement,” Kerry said of the plan. I hadn’t kept up on all the numbers recently, so I took a look at President Obama’s 2012

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