Tag Archives: budget control act

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Shocker: Obama’s “Balanced” Deficit Reduction Plan Is 73% Tax Hikes

Shocker: Obama’s “Balanced” Deficit Reduction Plan Is 73% Tax Hikes

“[A]ccording to Obama’s math, his ‘balanced’ plan cuts the projected cumulative debt by $4.4 trillion over ten years with 36% of the reduction coming from a $1.6 trillion tax increases — 80% from wealthier Americans, 20% from business,” reports Jim Pethokoukis. “So, basically, $2 in spending cuts for each $1 in tax hikes.” The problem?

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North Dakota’s Fiscally Unserious Democrats

Not so long ago, in a revealing interview with Valley News Lives’ Chris Berg, Heidi Heitkamp endorsed the fact that the US Senate hasn’t produced a budget. According to Heitkamp, no budget at all was better than passing the House Republican budget. Valley News Live – KVLY/KXJB – Fargo/Grand Forks Today, on MSNBC’s Morning Joe,

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Obama Administration Will Miss Fiscal Deadline Again

Just another moment of leadership from our fiscally unserious president: The White House on Friday said it will miss the legal deadline for delivering a report to Congress on the spending cuts from sequestration that are scheduled to take effect in 2013. Spokesman Jay Carney told reporters on Air Force One that the report will

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Democrats May Skip Appropriations To Protest Republican Spending Cuts

I’ll believe it when I see it, but since they haven’t passed a budget in years, maybe they should skip appropriations. If you don’t budget, you shouldn’t get to spend. Amid lingering differences with the House over government spending, Senate Democrats may not pass any appropriations bills before the end of the fiscal year on

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Hoeven Votes With Democrat Majority To Re-Authorize Domestic Violence Law With Anti-Free Speech Amendments

Earlier this week Senator John Hoeven voted with Democrats to side-step the Budget Control Act’s caps on spending. Those spending caps are what Republicans received in the grand bargain that allowed the national debt ceiling to be raised last year. Hoeven voting with Democrats to push those spending caps aside is a real blow to

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Hoeven, Conrad Vote To Kill Budget Control Act Spending Caps

Yesterday I wrote about Democrats attempting to eliminate the Budget Control Act’s spending caps – what Republicans won in exchange for agreeing to raise the debt ceiling last year. A spending bill they proposed, bailing out the US Post Office, exceeded the spending limits created by the BCA. Senator Jeff Sessions, the ranking Republican on

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Democrats Proposing Spending Caps That Break Limits Set In Debt Deal

According to Senate Democrats, most notably alleged “budget hawk” Kent Conrad, the Budget Control Act (the “debt deal” that raised the debt ceiling while setting spending caps and creating the “super committee) was just as good as a normal budget. Better even, they claim, which is why Congress doesn’t need to pass a budget. Except,

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Kent Conrad: “There’s No Need To Do A Budget For Next Year Right Now”

Yesterday Senator Kent Conrad was interviewed by MSNBC’s Chuck Todd and put up a bumbling effort to defend his party’s refusal to pass a budget. “What I have said consistently is that we have a budget for this year and next. Our friends have said repeatedly there’s been no budget resolution for 1,000 days. What

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“Budget Hawk” Kent Conrad Spending Last Days In The Senate Trying Not To Pass A Budget

Senator Kent Conrad is talking out of both sides of his mouth about the budget these days. While, on one hand, he insists that we need a long-term solution for the nation’s deficit and debt problems, he simultaneously backs Senator Harry Reid’s opposition to even proposing a budget in the Senate this year. An ignominious

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The Senate Parliamentarian Just Called Kent Conrad’s Budget Bluff

Republicans say that Democrats haven’t passed a budget in over 1,000 days. Democrats, including alleged “budget hawk” Senator Kent Conrad, chairman of the Senate Budget Committee, say the Budget Control Act (the much-maligned “debt deal” that gave us the super committee) was, in fact, a budget. Not so, says Senate’s parliamentarian: Newly appointed Parliamentarian Elizabeth

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