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  • Dancing on the (Debt) Ceiling

    David Williams on April 11, 2011

    With trillion dollar deficits and a scarcity of spending cuts, it is expected that there will be a need for an increase in the statutory cap on the national debt (read: a raising of the debt ceiling) in May.  The debt ceiling is the maximum amount of debt a country can take on.  Currently, according to the Treasury Department, the debt has surpassed $14.2 trillion.

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  • Democrats Could Have Avoided a Government Shut Down Last Year

    David Williams on April 7, 2011

    There has been quite a bit of talk about the government shut down and who to blame.  While it is tempting, and probably accurate, to blame all the “bums” in Congress, there have been serious lapses in leadership from the Democrats.  The Democrats failed to pass a budget when they controlled the House, Senate, and White House.

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  • Ryan Budget Offers Serious Solutions

    David Williams on April 5, 2011

    Today, House Budget Committee Chairman Paul Ryan (R-Wisc.) released his much anticipated fiscal year (FY) 2012 budget.  Ryan’s budget should be a wake-up call to members of Congress and all Americans.  It contains $6 trillion in spending cuts over the next ten years and it takes on the tough task of entitlement spending. » Read More
  • Taxpayers on the Hook for Unnecessary Art Spending

    David Williams on April 1, 2011

    The Defense Department may be shelling out $600,000 for a sculpture of a gurgling frog. According to U.S. News and World Report, “A $600,000 frog sculpture that lights up, gurgles ‘sounds of nature’ and carries a 10-foot fairy girl on its back could soon be greeting Defense Department employees who plan to start working at the $700 million Mark Center in Alexandria, Va. this fall.”  While a final decision has not been made yet, the frog sculpture is one of the finalists for the center.

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  • Government Shutdown Looms

    David Williams on March 29, 2011

    Federal agencies are preparing for a potential government shut down if democrats and republicans don't come to an agreement about funding the federal government for the rest of (or part of) the 2011 fiscal year.  A government shut down means different things to different people.  Those who have become dependent on the federal government's largess are concerned their gravy train may come to a temporary halt.  On the other side, weary taxpayers are looking forward to a vacation from government spending.

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  • California Scheming

    David Williams on March 28, 2011

    Last year, Bell, California made national headlines when investigative reports uncovered that the city administrator was being paid $787,000 annually and the Police Chief was on the dole for $457,000, which included 20 weeks paid vacation.  City Council members were also raking in $100,000 while the median income of Bell (population 38,000) was $28,000.  Now, Costa Mesa, California hires $3,000/week communications specialist after sending layoff notices. » Read More
  • Cutting Spending is Critical to a Healthy and Growing Economy

    David Williams on March 23, 2011

    On March 18, 2011 The House of Representatives and the Senate passed another continuing resolution (CR) to make sure that the government could stay open for business. The good news is that this CR, which will last 3 weeks, contains $6 billion in spending cuts. The bad news is that $6 billion is just a drop in the bucket in a $3.7 trillion budget. » Read More
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