Apparently somethings that most in Washington have forgotten. “I have always sought for the middle ground.”—James Madison Leaders that came after them knew it too: “I shall seek the support of the people of both parties. I can do this honorably because...
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Monthly Archives: April 2011
What a relief we finally got around to cutting the budget right? Congress and the President say we reduced the budget by $38.5 billion so that means we will be spending $38.5 billion less in 2011 right? The answer – no not...
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Finally, 2011′s budget is finalized. So what is next in the budget battles? First, the debt ceiling will have to be dealt with. Then, we will have to tackle the 2012 budget. The discussions on these two issues will carry on at...
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Congress and the President managed to avert a Government shutdown. I’m surprised but impressed they could do it. Total cuts equal $38 billion. The details of the cuts are still not entirely clear. When I get more detail I will post it. ...
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The agreed to cuts are about $34 – 37 billion. The poor lawmakers were up until 3am trying to get this done. They are scheduled to get back together again at 8am to give it one last attempt. The main holdup seems...
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Next Tuesday the House Budget Committee will release its 2012 budget proposal. The development of the plan is being headed up by Rep. Paul Ryan (R). At the same time Congress is running against the clock to reach agreement on the 2011...
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Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field. Professor Reinhardt compares private employer sponsored health insurance to the proposed health insurance exchanges. He concludes they are more a like than not. Any thoughts...
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