Britain Deepens Cuts in Spending, Tax Rates
Despite its “budget for growth,” Britain’s coalition government is struggling to regain fiscal balance.
Fiscal Issues
Spanish Debt Rating Downgraded
Confidence in the government’s ability to improve its finances is deteriorating.
Full Costs of Obamacare Become Apparent
Barack Obama’s health reform law is projected to cost $1.4 trillion over the next decade.
Wisconsin’s Budget Woes Are Very Real
Opinion makers on the left have alleged that there is no need for dramatic fiscal consolidation in Wisconsin. Really?
Democrats, Republicans Brace for Budget Battle
While Republicans call for deep spending cuts, Democrats are worried that their brinkmanship could lead to a government shutdown.
Obama: Budget Cutters “Impatient”
The president wants more time to balance the budget, but even The New York Times doesn’t believe his promises anymore.
House Speaker Declares President’s Budget Dead
John Boehner is “disappointed” about the president’s budget and can’t imagine his house voting for it.
Paul Krugman’s Big Government Fantasies
The majority of Americans can perfectly well do without the government managing their lives.
Boehner, Ryan Urge Deep Budget Cuts
John Boehner and his budget committee chairman Paul Ryan discuss their plans to reduce spending.
Daniels Casts Mounting Debt as “Red Menace”
The Indiana governor says the United States government is “morbidly obese.”
Debt Commission Co-Chair Blasts Critics
Spending cuts that fail to tackle entitlements are “a sparrow’s belch in the midst of a typhoon,” said Alan Simpson.
Boehner, McConnell Call for Spending Cuts
Republican leaders talk about spending reductions on the Sunday morning talk shows.
CBO: America on Unsustainable Fiscal Path
The Congressional Budget Office forecasts a slow economic recovery and staggering high debt growth in the years ahead.
ECB’s Recommendations for Sound Fiscal Policy
The European Central Bank points out that the effects of excessive stimulus spending have been negligible.
Armey, Kibbe Identify Trillions in Spending Cuts
Former Republican majority leader Dick Armey and FreedomWorks president Matt Kibbe know how government can seriously start reining in spending.