Browsing articles tagged with "obama Archives - Coalition to Reduce Spending"

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 appeared in major newspapers across the country. Speaker of the House John Boehner called the […] Read More >>

“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 today would mean $5 of actual, not hypothetical, spending cuts per dollar of tax hikes.” […] Read More >>

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 real or imagined pain results from the sequester’s across-the-board cuts, which are set to take […] Read More >>

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 ceiling. First, a few definitions of terms and some history to help the discussion. Debt […] Read More >>