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Government Spending

Conservatives Are Clueless on Jobs

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Paul Ryan's quest to slash government spending is a job-killing agenda. He has to resort to crazy incoherent arguments about interest rates because everybody can see that spending money to create jobs will, you know, create jobs.

Highlights Of The Financial Overhaul Bill (PHOTOS)

HuffPost/AP | Posted 05.25.2011 | Business

Congress just passed a sweeping overhaul of America's financial regulatory system. The financial bill cleared the Senate by a vote of 60 to 39, and ...

CNBC's Rick Santelli: "STOP SPENDING!" (VIDEO)

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

CNBC anchor Rick Santelli -- notorious for his on-air rants -- went on another tirade earlier this week and had one message for the government: stop s...

Judd Gregg and Ben Nelson: More Socialism Please

Dylan Ratigan | Posted 05.25.2011 | Business
Dylan Ratigan

In their current form, derivatives are basically government insurance for banks where taxpayers pay the claims. And politicians like Gregg and Nelson are fighting to keep the crooked $600 trillion derivatives market unreformed.

The Deficit: Nine Myths We Can't Afford

Lynn Parramore | Posted 05.25.2011 | Business
Lynn Parramore

Has the federal government run out of money? Will we have to slash Social Security? The time has come to examine our fundamental assumptions about government deficits and debt.

President Obama Is Hoisted on His Own Budget-Busting Petard

Marshall Auerback | Posted 05.25.2011 | Politics
Marshall Auerback

Obama is correct to focus on jobs and the economy, but wrong to obsess about "runaway spending." Our economy faces such strong headwinds that a huge fiscal expansion is required.

Time to Get Real About Our State's Budget

Rep. Jack Franks | Posted 05.25.2011 | Chicago
Rep. Jack Franks

Those who see an income tax increase as the only solution do not understand the problem. With one out of eight Illinoisans out of work, a tax increase would only serve to lead us further down the wrong path.

Trust or Bust: Reflections on One Year in Washington

Mike Quigley | Posted 05.25.2011 | Chicago
Mike Quigley

On my one-year anniversary of entering Congress, I believe our greatest challenge and mandate in Washington -- and Illinois -- is regaining the public's trust.

Senator Thune's Response to Center's Report Doesn't Hold Up

James R. Horney | Posted 05.25.2011 | Politics
James R. Horney

Thune argues that the large cut in budget authority he proposes for FY 2010 wouldn't impair the functioning of the federal government because agencies could spread out its effects over several years. This is incorrect.

Beware the Lame Duck Congress

Ernest Istook | Posted 05.25.2011 | Politics
Ernest Istook

Those who like the possible agenda of a lame-duck session may root for it. But we pay a heavy price whenever elected officials feel they are freed from accountability to the voters.

In The Public Interest: Following Your Money 2.0

Phineas Baxandall | Posted 05.25.2011 | Business
Phineas Baxandall

As Americans scramble to file their taxes this season, they can take heart in knowing that it's getting easier to track where the money goes.

What Matters to You About the GDP and Debt

Blythe McGarvie | Posted 05.25.2011 | World
Blythe McGarvie

GDP results showed a 3% increase over a year ago. Is this good news or bad news? In order to put the GDP in perspective it's important to understand what is driving the GDP.

Does America Also Need Cultural Health Care?

Rob Patterson | Posted 05.25.2011 | Entertainment
Rob Patterson

The majors were an almost ghostly presence at SXSW 2010. The indies have now seized the day within the leading-edge music market.

Obama Plan Blows Secret Kisses to Wall Street

Ernest Istook | Posted 05.25.2011 | Politics
Ernest Istook

While excoriating Wall Street with his words, Obama is blowing secret kisses to them with his bailout proposal.

Deficits Are Too Important To Be Left To Governments: Call in Fabulous Fab

Steven Clifford | Posted 05.25.2011 | Comedy
Steven Clifford

Democrats once followed the dictum of FDR aide, Harry Hopkins, "Tax and tax, spend and spend, elect and elect!" In the '80s they discovered Americans ...

Blue Dogs Only Chasing Their Tail

Will Marshall | Posted 05.25.2011 | Politics
Will Marshall

A constitutional ban on deficits could prevent Washington from responding to emergencies of all kinds. In truth, we don't need a balanced federal budget -- we need a disciplined federal budget.

Let's Get Theological on Health Care and Warfare

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

Anyone care to provide a theological foundation for the Republican policy preferences for the rich and for war? I would really like to see it.

Deficit Spending at Home

Anat Shenker-Osorio | Posted 05.25.2011 | Business
Anat Shenker-Osorio

In buying a home we are running not only a deficit, but also creating a debt. When government does this, theyʼre "mortgaging our future"; when we do it, weʼre fulfilling the American Dream.

Colorado Springs and "Limited Government"

David Sirota | Posted 05.25.2011 | Denver
David Sirota

One of every three people living in the Colorado Springs area "depends directly or indirectly upon the military" -- i.e., upon the government. And yet, conservatives tell us that Colorado Springs represents the success of "limited government."

The State of the Union: Unfinished Business

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

Rather than the inspiring rhetoric of a campaign speech, Obama's State of the Union address was a more sober reflection on unfinished business.

State of the Union: Ask Us, Mr. President

Gary Shapiro | Posted 05.25.2011 | Business
Gary Shapiro

Americans are not dumb, but we have been delusional. Now we know the party is ending. This is when great leadership is needed.

Big Government Republicans

Dan Morgan | Posted 05.25.2011 | Politics
Dan Morgan

In labeling Democrats as the "party of big government," Republicans may have pulled off the most audacious public relations coup since Austria persuaded the world that Hitler was a German.

The Liberal Blogosphere Goes Fox News

Oliver Willis | Posted 05.25.2011 | Politics
Oliver Willis

We should measure Obama on his words and hold him to high standards, but you can't profess anger at him for not holding up to the liberal caricature you dreamily doodled in your Trapper Keeper.

Review Reveals Taxpayer Dollars Went To Fraudlent Pleasure Trips

Washington Times | Jim McElhatton | Posted 05.25.2011 | Politics

From an extra day's hotel stay so military officials can fit in a round of golf to federal workers who fly business class instead of coach, questionab...

Obama To Focus On Cutting Deficit In 2010, State Of The Union

Politico | Mike Allen and Jim Vandehei | Posted 05.25.2011 | Politics

President Barack Obama plans to announce in next year's State of the Union address that he wants to focus extensively on cutting the federal deficit i...