In two speeches over the last week, Mr. Obama argued that in the past, presidents and Congresses of both parties have treated unemployment insurance for what it is: an emergency expenditure. “Suddenly, Republican leaders want to change that,” he said. He portrayed Republicans as hypocrites for demanding that jobless benefits be paid for but...
Posts Tagged ‘ deficit ’
Brian Riedl: The Bush Tax Cuts and the Deficit Myth – WSJ.com
Brian Riedl: The Bush Tax Cuts and the Deficit Myth – WSJ.com.
Completely Reckless, Completely Irresponsible – Senator Mitch McConnell – Press Releases
Completely Reckless, Completely Irresponsible from the Office of Senator Mitch McConnell Thursday, December 17, 2009 ‘And here’s the most outrageous part: at the end of this rush, they want us to vote on a bill that no one outside the Majority Leader’s conference room has even seen. That’s right. The final bill we’ll vote...
Director’s Blog » Blog Archive » The Long-Term Budget Outlook
Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-term fiscal projections, rising costs for health care and the aging of the population will cause federal spending to increase rapidly under any...
The Associated Press: Obama budget could bring $9.3 trillion in deficits
What a guy. Just when you hoped for change. The Associated Press: Obama budget could bring $9.3 trillion in deficits.
