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The Reason for State Budget Collapses: Tax Cuts

The Reason for State Budget Collapses: Tax Cuts

January 22, 2010 in Finance by Rich Mitchell

In a Washington Independent article, Martha White writes that tax cuts and reductions to federal expenditures are to blame for the collapse of state budgets: A decade’s worth of cuts in federal aid combined with states moving to copy Bush administration... Read more »

The Rising Cost of Congress

The Rising Cost of Congress

January 22, 2010 in Finance by Rich Mitchell

For the last year, we have all been beaten over the head repeatedly with the notion that health care costs are rising so fast that families can’t afford their insurance.  Is anyone applying the same formula to Congress?  They don’t mind... Read more »

Democrats Continue the Spend-Fest: $1.9 Trillion Addition to Debt

January 20, 2010 in Breaking News by Rich Mitchell

Foxnews.com is reporting that the liberal Congress is about to run back to the well to pull almost $2 trillion from our children’s pockets. Obama did not take a scalpel to the budget as he said he would and now Congress is coming back to the trough... Read more »

The New Party of No

The New Party of No

November 18, 2009 in Featured, Politics by Rich Mitchell

Republicans talk about lowering taxes and getting our deficits under control.  In reality, they only manage half of that promise.  Now Obama is jumping on the budget-hawk bandwagon saying that after we spend $1 Trillion+ on his entitlement program,... Read more »

Liberals Believe that Debt Limits = U.S. Default on Debt

Liberals Believe that Debt Limits = U.S. Default on Debt

November 12, 2009 in Politics by Rich Mitchell

It is no wonder we are so deep in dept.  The mind-set of those that voted in  the current Congress is that controlling the national debt would cause our country to default on it’s debt. From the liberal-extremist blog, DailyKOS (I have to source... Read more »

Reform: It’s All About the Money – Yours

Reform: It’s All About the Money – Yours

October 14, 2009 in Health Care Reform by Rich Mitchell

The Senate Finance Committee passed their health care reform bill.  Unfortunately, just as the other bills that have come out of House and Senate committees, it doesn’t fix health care at all – and it costs a fortune. I’ve written numerous... Read more »

Deficit Neutral is Good?

Deficit Neutral is Good?

October 8, 2009 in Finance, Opinion by Rich Mitchell

So Obama won’t sign any bill that isn’t “deficit-nuetral”. Max Baucus leads the charge to create a health care bill that fits that description. Unfortunately, that is not the same as fiscally-responsible. Deficit neutral simply... Read more »

Social Security Will Go into Deficit in 2010

Social Security Will Go into Deficit in 2010

September 22, 2009 in Featured, Politics by Rich Mitchell

Hot Air is reporting that it has obtained a report from the non-partisan Congressional Budget Office (C.B.O.) that shows that Social Security is in more trouble than Obama’s Director of the Office of Management and Budget (O.M.B.), Peter Orszag, ... Read more »