By Robert Romano Appearing recently on Fox News’ On the Record with Greta Van Susteren, House Budget Committee Ranking Member Chris Van Hollen wanted to know where the House Republicans were on budget negotiations. “The House has passed a budget, the Senate has a budget,” he said. “The next step as you know is to have a budget negotiation in [...]
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By Frank McCaffrey — There’s a very easy way to solve any debt ceiling conflict, get rid of the debt ceiling altogether. That’s what Obama’s Treasury Secretary is saying. Check out this blunderific display!
By Bill Wilson — Congressional leaders are said to be considering a deal that would delay automatic spending cuts and tax increases at the end of the fiscal year through March, and be tied to a continuing resolution that needs to be passed by the end of the fiscal year on Sep. 30. Throw in a temporary extension of the [...]
By Robert Romano — One of the political rationales for giving the Obama Administration what it wanted on the payroll tax holiday and unemployment benefits extensions — which will add $101 billion to the debt this year alone and is not paid for — was to avoid another showdown in Washington, D.C. Previous battles between the House and Obama — [...]
By Frank McCaffrey — Host Frank McCaffrey speaks with ALG’s Don Todd about the US hitting its debt ceiling…again! Plus, we look at President Barack Obama’s efforts to boost the economy in Indonesia.
By Robert Romano – AA is now Barack Obama’s scarlet letter. He is the first President to preside over a downgrade of our full faith and credit, and it is owed to no less than Obama’s $1 trillion annual expansion of the now $14.5 trillion national debt, which will top 100 percent of the $15 trillion Gross Domestic Product in [...]
By Frank McCaffrey – ALG’s Robert Romano tells us how President Barack Obama has celebrated his 50th birthday. Here’s a hint, he went on a spending spree and raised our national debt to highs that it has never seen.
By Howard Rich – Republican leaders in Washington, D.C. have failed another crucial test of their limited government resolve. Rather than insisting on immediate cuts, entitlement reform, caps on future spending and a balanced budget requirement during the recent debt ceiling debate, the GOP has fallen victim to yet another “sky is falling” scam. And so instead of achieving a [...]
Yesterday, the President signed into law the Budget Control Act of 2011, which provides for a total debt ceiling increase of between $2.1 trillion-$2.4 trillion, sets ten-year caps on discretionary spending, creates a Joint Select Committee on Deficit Reduction, and requires both houses of Congress to vote on a Balanced Budget Amendment. Below are key dates to keep in mind [...]
