Overview for budget

NASA Budget Grounds Space Probes

Robotic space exploration accounts for a tiny portion of NASA and the federal government's budgets. Yet, despite their merits these programs face deep cuts. For decades, there was debate among space exploration proponents about the relative merits of manned versus unmanned missions. Enthusiasts …

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Written by Kenneth Silber on Thursday March 10, 2011

Levin Wants a Shutdown: Real Americans Don't

Tuesday, Mark Levin upbraided the GOP leadership as cowardly for not shutting down government. But a new poll reveals why that could be a disaster. Tuesday, during the opening monologue on his radio show , Mark Levin upbraided the GOP leadership as cowardly for not shutting down government.  …

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Written by Jeb Golinkin on Wednesday March 9, 2011

The Bold Budget Cuts Congress Won't Touch

Tied up in Washington's budget cut fight, neither party is focusing on the real problem: the large percentage of the budget devoted to mandatory spending. As both parties engage in Kabuki theater over cuts to the 12 or so percent of the budget that consists of domestic, discretionary, …

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Written by Eli Lehrer on Wednesday March 9, 2011

Fenty Endorses Walker

Adrian Fenty, the Democratic former mayor of D.C. says he agrees with what Scott Walker is doing in Wisconsin. Do other Dem leaders feel the same? This seems to me a hugely important fact: Adrian Fenty, the Democratic former mayor of the District of Columbia says he agrees with what Scott Walker …

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Written by David Frum on Tuesday March 8, 2011

Spending Standoff Shifts to the Senate

Tuesday’s Senate votes on two spending cut packages are basically a sideshow. Neither party's bill is serious about getting the nation's fiscal house in order. Tuesday’s Senate test votes on two spending cut packages—one of which (designed by House Republicans) cuts $61 billion from current …

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Written by Eli Lehrer on Monday March 7, 2011

GOP Budget Cuts Won't Kill This Recovery

Today’s positive jobs report is good news for Obama, but the numbers also debunk his claim that cutting government jobs could harm the recovery. Today’s positive jobs report -- an 8.9 percent unemployment rate (lowest in 18 months) -- is good news for President Obama however one happens to look …

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Written by Eli Lehrer on Friday March 4, 2011

To Save a Generation

Today's job report brings good-ish news, but it will still be months before we hit full employment. For young people that could mean a lost half-decade of life. Bruce Bartlett's excellent column today offers another glimpse of the economic path not taken by the GOP: instead of pressing for …

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Written by David Frum on Friday March 4, 2011

Can Rahm Tame Chicago's Unions?

As he enters office, new Chicago mayor Rahm Emanuel faces a $1 billion budget deficit, a gap he won't be able to cover without public union concessions. Rahm Emanuel's victory in Chicago's mayoral election marked a number of firsts.  He is Chicago's first Jewish mayor, some would argue the first …

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Written by Gavin E. Campbell on Friday March 4, 2011

Hold Off on the Budget Back-Slapping

While Washington congratulates itself over the two-week budget deal, one fact's been forgotten: this budget showdown should never have happened. Legislation appropriating funds to keep the federal government open for business for the next two weeks has passed the House and Senate and been signed …

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Written by Les Francis on Thursday March 3, 2011

Tea Partiers Still Hooked on Handouts

A new WSJ/NBC News poll provides a glimpse of just how dependent on big government benefits Americans have become - even amongst the Tea Party. The anti-government “throw-the-bums-out” crowds have had their chance to speak out on how to curtail the deficit and what to do with those hated entitleme…

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Written by Brad Schaeffer on Thursday March 3, 2011

Budget Fight: GOP & Dems Dig in For Round Two

While the media is focused on the House GOP CR and the coming debt ceiling fight, there's another battle that's been forgotten: the 2012 fiscal year budget. The Monongahela, Allegheny and Ohio Rivers converge in Pittsburgh.  Most readers will find that fact neither new nor particularly insightfu…

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Written by Steve Bell on Wednesday March 2, 2011

Biden to Lead Budget Talks

Biden to Head Budget Talks Politico reports: With a stopgap measure in place, Senate Democrats said Wednesday that they will forestall any spending debate on the floor in favor of what they hope will be immediate budget negotiations between themselves, Republicans and a …

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Written by FrumForum News on Wednesday March 2, 2011

Bernanke: Budget Cuts Could Cost 200K Jobs

Bernanke: Budget Cuts Will Cost Jobs Reuters reports: Federal Reserve Chairman Ben Bernanke said on Wednesday a Republican spending cut plan would not cause a big dent to U.S. economic growth, but could cost around 200,000 jobs. Bernanke said that a $60 billion cut along the lines …

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Written by FrumForum News on Wednesday March 2, 2011

Senate Passes Two Week Spending Bill

Senate Passes Two Week Spending Bill Washington Post reports: The Senate on Wednesday approved a stopgap measure that would keep the federal government funded through March 18, sending the bill on to President Obama for his signature. The bill, which would cut $4 billion in …

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Written by FrumForum News on Wednesday March 2, 2011

Washington's Shutdown Double Dare

Each party's hoping to avoid a shutdown. Unfortunately, knowing that makes each side more willing to use a shutdown threat to shakedown their opponents. If you're a Democrat, you think shutting down the government could crash the economy.  If this happens and there's no time for a recovery by …

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Written by Andrew Gelman on Wednesday March 2, 2011

Boehner's Budget Truce Averts Shutdown

Boehner's two-week spending bill may have avoided a shutdown for now, but the GOP's budget woes may just be beginning. As Congress dithers on the federal budget, the states have taken the bull by the horns.  Sometimes, as in the case of Wisconsin Gov. Scott, maybe too close to the horns. …

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Written by Steve Bell on Wednesday March 2, 2011

Can We Cut Our Way to Prosperity?

Monday, a report claiming the GOP budget would cost 700,000 jobs grabbed headlines. But will shrinking government really kill the recovery? One economist from a moderately respected firm has made headlines with a report claiming that reduced government spending along the lines Republicans …

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Written by Eli Lehrer on Monday February 28, 2011

Will Taxpayers Gain from Public Workers' Pain?

Governors are fighting hard to curb the power of public sector unions. Taxpayers may benefit, but there's a catch: weakening unions could harm the economy. Across the country, governors are fighting to curb the power of public sector unions. Taxpayers may benefit, but as my latest column for …

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Written by David Frum on Monday February 28, 2011

Chu's Energy Research Hijack

Energy Secretary Steven Chu's budget would transform his department into a huge government-run research and development firm. Nobel Laureate and Secretary of Energy Steven Chu seems to have taken a page from early 20 th century labor leader Samuel Gompers:  at every turn he screams for “more.” …

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Written by Eli Lehrer on Saturday February 26, 2011