June 23, 2011

CBO: "We Don't Estimate Speeches"

John Hinderaker, Power Line


The Democrats' failure to propose a budget, let alone vote on one, is perhaps the most important of the many scandals now swirling around that party. President Obama submitted a FY 2012 budget in February, but it was dead on arrival. It made no effort to deal with the country's burgeoning debt crisis, and no one took it seriously. When it was eventually brought to the floor in the Senate, it failed to get a single vote.

In April, Obama delivered a speech on the debt crisis in which he seemed to walk away from his February budget. But the speech was characteristically vague, and Obama never did follow up with a revised budget. Senate Democrats, meanwhile, have violated federal law by failing to produce a budget proposal. Despite daily calls for them to comply with...

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Related Topics: budget


May 15, 2012
Deficit Reduction: The Great Distraction
Dean Baker, Huffington Post

This is the week of the third annual Deficit Fest, the event sponsored by Wall Street billionaire Peter G. Peterson. At this event, many of the people most responsible for the current downturn come together to tell us why we... more ››

May 16, 2012
The EU at the Abyss
Victor Davis Hanson, National Review

Over the last four years, almost all of the news about the shaky European Union has been financial, with some attention paid to southern Mediterranean tabloid attacks on Germany and the German media counter-stereotyping of... more ››

May 17, 2012
Dems in Despair on Wisconsin
Christian Schneider, New York Post

On Monday, local party officials began complaining bitterly about the lack of resources national Democratic groups are committing to the recall effort in Wisconsin. “We are frustrated by the lack of support from the... more ››

May 15, 2012
Can California Be Fixed?
Victor Davis Hanson, National Review

Recently, I was driving down pot-holed, two-lane, non-freeway 101 near Monterey (unchanged since the 1960s) when the radio blared that on a recent science test administered to public schools, California scored 47th in the nation.... more ››