Tag Archives: obama

USA Stricken By Washington Monument Syndrome

Here come the drama cuts. The Obama administration recently announced that due to the budget sequestration, it will be suspending tours of the White House indefinitely. The White House’s decision has ignited a firestorm of controversy. Numerous op-eds criticizing the decision have … Continue reading

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“Balanced?” $1 of spending decreases for every $40 in tax increases

That is the so-called “balanced” result of January’s “fiscal cliff agreement” between Congressional Republicans and the White House, according to a column by Stanford professor Michael Boskin in the Wall Street Journal this week. Boskin writes, “An economically ‘balanced’ deficit-reduction program … Continue reading

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How much discretion does President Obama have on sequester cuts?

This vital question has been unclear to me since the sequester loomed large on the political horizon. Predictably, it is difficult to find a straight answer on it given the incentives both parties have to blame each other for whatever … Continue reading

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Debunking debt ceiling myths

Earlier this week, David B. Rivkin Jr. and Lee A. Casey published an important column in the Wall Street Journal debunking many of the myths about government debt, entitlement spending, and the upcoming battle over whether to raise the debt … Continue reading

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