Overview for spending

Balanced Budget Amendments: Ineffective, Untried

The Balanced Budget Amendment has more support now than at any point in the past decade and a half. Nearly all Republican candidates for President support it in some form and many Democrats in Congress also have nice things to say about it. A look at states in the United States and countries around …

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Written by Eli Lehrer on Tuesday September 6, 2011

The Right and Wrong Ways to Cut Defense Spending

CNN’s Fareed Zakaria has a column today arguing for defense cuts and lauding the budget deal’s “sword of Damocles” over the Pentagon budget. Zakaria argues that the U.S. military should not be exempt from budget scrutiny and, in that sense, his argument is unobjectionable.  But he ignores …

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Written by John Guardiano on Thursday August 4, 2011

The Economic Left is Left Out of the Debt Deal

It is probably crass to cite oneself in an article, but I wrote a piece a few months ago in which I stated: Many Democratic voters support the Party because they see it as the party of social liberalism.  While they may also support more government intervention in the economy than most …

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Written by Mark R. Yzaguirre on Wednesday August 3, 2011

Too Soon Old, Too Late Wise

I wish my defense hawk friends at the American Enterprise Institute and the Weekly Standard had discerned before it was too late that a budget framework that calls for: (1) no additional revenues and (2) big cuts in discretionary spending, is not a hospitable climate for a robust defense budget. …

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Written by David Frum on Monday August 1, 2011

Reid's $40 Billion: Yeah, Right

On balance, Harry Reid's plan for raising the debt ceiling and cutting spending looks pretty good to me. Congress will eventually need to do more but the plan he's devised is a fair enough middle ground: real spending cuts with no broad-based tax increases. One feature of the plan, an effort to, as …

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Written by Eli Lehrer on Tuesday July 26, 2011

Government Spending: Better Than No Spending

In my column for The Week , I write about how even wasteful government spending is better then no spending at all: Government spending is often wasteful. But it's still spending. When the Department of Waste, Fraud & Abuse buys toothpicks for the office cafeteria, that money is …

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Written by David Frum on Thursday July 21, 2011

Slow Growth Numbers Call for Smaller Cuts

If Republicans want to seize the upper hand after today's lackluster growth numbers, they will propose a series of more realistic and politically palatable cuts. The okay-but-not-great economic numbers (1.8% economic growth) posted yesterday offer talking points for both Democrats and Republicans. …

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Written by Eli Lehrer on Thursday May 26, 2011

GOP Picks the Wrong Spending Fight

The GOP seems convinced inciting a debt ceiling crisis is the best way to restrain spending. But even a short increase in the limit can stave off a bigger crisis. One might note within many ostensibly conservative discussions about the debt ceiling a strain that comes far more from Leon Trotsky …

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Written by Fred Bauer on Monday May 16, 2011

Can the GOP Break Its Oil Addiction?

The House GOP wants to cut spending. Why then are they so reluctant to take on big oil's subsidies and tax breaks? The problem with intellectual inconsistency is that it usually comes back to bite you. The House Republican leadership is getting a painful lesson in this regard because of their …

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Written by David Jenkins on Friday April 29, 2011

New Tax Revenues: The Fiscal Crisis Fix?

Conservatives looking for an alternative to the Ryan plan will need to pay more attention to tax revenues if they hope to craft a serious response to the fiscal crisis. This is part six. Click here to read the entire series. The fourth element of a conservative response to the …

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Written by David Frum on Thursday April 14, 2011

Ryan: My Budget is a Political Winner

At an event hosted by the think tank e21, Paul Ryan responded to Obama's Wednesday budget speech and defended the political viability of his own proposal. Paul Ryan is shocked that the president has attacked his budget proposal and is now painting the GOP as a party which wants to leave seniors to …

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Written by Noah Kristula-Green on Thursday April 14, 2011

Ryan's Budget Gives Obama What He Wants

The Republican plan to cut taxes and slash government health care spending gives the president prime opportunities for political victory. “Whatever you do, don’t serve to his backhand.” “Don’t be nervous. I have the new Ryan serve. It’s bold!” “Trust me on this. Don’t serve to his backhand.” …

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Written by David Frum on Wednesday April 13, 2011

A Deficit-Cutting Fight Both Parties Can Win

The best deficit reduction plan may be one every party has issues with. Here's my roadmap to reaching a bipartisan deal. As we wait for President Obama to reveal his proposal for deficit reduction on Wednesday afternoon, I ask readers to consider my debt-cutting proposal. The Ken Silber Plan …

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Written by Kenneth Silber on Tuesday April 12, 2011

The Welfare State Goes Bust

The changes contemplated by Yuval Levin and Paul Ryan won’t be the end of the welfare state. They will however amplify differences between those who receive aid and those who don’t. This is part three. Click here to read the entire series . I doubt that Yuval Levin would disagree …

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Written by David Frum on Tuesday April 12, 2011

What Worries Americans: Big Govt or the Economy?

Yuval Levin sees Americans worried our social-democratic model is going bankrupt. But isn’t our anxiety really due to the worst economic downturn since WWII? This is part two. Click here to read the entire series . Yuval Levin founds his case against the welfare state on this descriptio…

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Written by David Frum on Tuesday April 12, 2011

In the Next Budget Fight: Hope for a Tie

D.C.’s been obsessed with weighing the winners and losers from Friday’s budget deal. But in the larger spending fight to come there’s more at stake than political points. Washington’s been obsessed with weighing the winners and losers from last Friday’s budget deal. But in the larger spending …

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Written by Les Francis on Tuesday April 12, 2011

Ryan Budget: Compassionate Conservatism Goes Kaput

Yuval Levin endorses the Ryan idea of radical reductions in government social insurance. Is this plan the right next step for conservatism? This is part one. Click here to read the entire series . Don't miss Yuval Levin's piece in the current National Affairs , " Beyond the Welfare …

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Written by David Frum on Tuesday April 12, 2011

The Budget Deal's Biggest Winner

In Friday’s budget deal, Boehner amassed enough credibility with his own caucus that he can now confront the larger fiscal challenges ahead. Conventional wisdom saw House Speaker John Boehner as all tan and no substance.  As usual, conventional wisdom got it wrong.  In Friday’s budget deal, …

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Written by Steve Bell on Monday April 11, 2011

The Good and Bad News in the Budget Deal

Dealmakers in both parties may have prevailed over the confrontationalists in this budget battle, but the most important and difficult decisions still await. Obviously this is no way to run a railroad. Still - the train did not crash. The deal to avert a government shutdown is a story of good …

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Written by David Frum on Saturday April 9, 2011