13 Sep 2018

Image of burning money, symbolizing our nation's fiscal insanity
Fiscally sane commentators are abuzz with the stark data coming out of the latest Congressional Budget Office (CBO) report, showing our nation's dire deficit situation after 11 months of this fiscal year have passed. As has been the case for a long time, the primary problem boils down to one simple fact... Partisan Ideologues Refuse to Accept Basic Fiscal Math Every time either major party has had control of the White House and Congress, they've pushed through legislation that made the debt and deficit worse, while rejecting plans (like the Simpson-Bowles Debt Commission recommendations, or Rivlin-Domenici from the Bipartisan Policy Center) that would start lowering the debt to manageable levels that don't pose a serious threat to our economic future, and stop stealing so much from our children, their children and future generations. That's true for both major parties, but the party, and administration, currently in power is - as it has with s...

27 Oct 2010

The very even handed, nonpartisan fiscal organization Committee for a Responsible Federal Budget has drafted a list of ten questions that sure would be enlightening... if we were able to get our candidates to honestly and thoroughly answer them. You'll find questions that politicians have been exceedingly loath to answer this year, specifically related to how they plan to pay for ideas that have campaigned on, tax cuts, pay as you go rules and proposals from the fiscal commission report that will be coming out in about a month. It would be a miracle to get a truly honest answer from any of the candidates on a single question. Here are two that I'd love to know the real answers to: 2. Going Beyond the Budget Myths. Eliminating waste, fraud, abuse, earmarks, and tax evasion will not solve our fiscal problem. What other specific cuts are you willing to accept? Yes, wasteful government spending should be eliminated, earmarks are bad process, an...