Under the Ryan budget, spending still rises in every category (except ObamaCare, which Ryan would keep flat at zero). Outlays are still going up, but in Washington, Democrats call these “draconian cuts.”
Post Tagged with: "entitlement spending"
December 10, 2012 08:20
The Productive Vote Against Obama’s Economic Delusions
The more they intervene and impose their ideology on the economy, the more business will refrain from doing anything other than digging deeper bunkers to wait the madness out.
May 14, 2012 08:05
Two Kinds of Austerity – Growth and Anti-growth
“Europe raised taxes by almost $9 for every $1 in actual spending cuts.” This approach to austerity, also known in the United States as the “balanced approach,” has unfortunately proven a recipe for disaster.
July 28, 2011 04:44
The Turning Point for “Entitlement” Programs
Obama spending programs were, in essence, Democrat slush funds parceled out to the party’s faithful to ensure that teachers and other public service workers would be retained, that General Motors and Chrysler could avoid the normal bankruptcy procedures that would have restructured both companies—and likely reduce union power, and that favored contractors could receive funding for “shovel ready projects.”
April 21, 2011 05:30
HERE IT IS: Your Short Course On Why The US Is Screwed
Most Americans think we can keep entitlement programs as they are but there simply is not enough money in the world to pay for it all. The result is printing money to buy our own debt which is what is happening at the federal reserve right now. That will lead to hyperinflation and the loss of retirement and savings value.
March 29, 2011 06:47
Reid vows to stand in the way of any efforts to reform Social Security
“Back off Social Security,” Reid told a cheering crowd. “It’s in great shape for many decades. Let’s worry about Social Security when it’s a problem. Today it is not a problem.”
March 16, 2011 09:59
Dems plan on entitlement bankruptcy – fuhgeddaboudit
Eric Cantor on GOP courage to tackle entitlement reform and Obama’s lack of it.
March 2, 2011 10:24
Eric Cantor on spending cuts, entitlements and Obama
On Morning Joe Cantor gets grilled on spending cuts including dealing with insolvency of social security, Medicare, Medicaid and the prescription drug plan.
November 10, 2010 11:18
Perry calls Social Security bankrupt ‘Ponzi scheme’
“I want people to be afraid not to talk about that Social Security is bankrupt and is a Ponzi scheme and if you’ve got a young 20-something-year-old, they know for a fact that they’re not ever going to see that,” he said. “So let’s fix it.”
October 8, 2010 05:56
Greenspan Says U.S. Creating `Scary’ Deficit as Borrowing Rises
Former Federal Reserve Chairman Alan Greenspan said the U.S. fiscal deficit is “scary” and the federal government needs to cut spending on entitlements.
