Overview for government-spending

The White House Knew Solyndra Was Not Profitable

Today, the Wall Street Journal disclosed and commented upon an e-mail to Larry Summers regarding the Solyndra loans: Brad Jones of Redpoint Ventures got to the heart of the Solyndra economy in a December 2009 email to then-National Economic Council director Larry Summers: “The allocation …

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Written by Hank Adler on Monday October 10, 2011

The Economy Can't Survive Abrupt Spending Cuts

An economic precedent that is remotely comparable to an abrupt hit-the-wall 44% cut in federal government spending is the defense build-down at the end of World War II. I'm trying to think of an economic precedent even remotely comparable to an abrupt hit-the-wall 44% cut in federal government …

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Written by David Frum on Tuesday July 12, 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