Post Tagged with: "budget"

McConnell Pledges to Use Power of the Purse

McConnell Pledges to Use Power of the Purse

“It takes 60 votes to do a lot of things in the Senate, but there are some things we can do with 51 votes,” said Senator Mitch McConnell. If he is truly determined to use the power of the purse, McConnell should get busy in the December funding bill — before the 2016 presidential election cycle consumes the congressional cycle. Take as many bites at the apple as possible.

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Republicans Shouldn’t Acquiesce to Obama

Republicans Shouldn’t Acquiesce to Obama

The midterm elections are just a week away, and with most predicting a Republican sweep on November 4, House Majority Leader Rep. Kevin McCarthy is setting his sights on the 2015 governing agenda. But before a new Congress is sworn in, the government’s funding for FY 2015 is due to run out on December 11, and Politico’s Jake Sherman reports “[McCarthy] would like to use the lame-duck session to pass a long-term government-funding bill, so Washington can begin focusing on big-picture legislating, instead of just trying to keep government’s doors open.”

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Gov. Daugaard Earns ‘C’ in Fiscal Policy

Gov. Daugaard Earns ‘C’ in Fiscal Policy

The Cato Institute has released its latest Fiscal Policy Report Card on America’s Governors. The grade is based on seven items: two spending, one revenue, and four based on tax rates. Governors who cut taxes and spending most received an “A” and those who increased taxes and spending most received an “F”.

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Watch Out for the Fall Lame Duck Budget

Watch Out for the Fall Lame Duck Budget

Congressional Democrats want to kick the can into the post-election, lame duck period, so they can use another anticipated shutdown to their advantage to achieve their budget priorities without having to worry about voter backlash. Yet, Congressional Republicans would be foolish to accept such a deal. But if House Republicans fear a shutdown hurting their chances in November, expect them to get rolled in budget negotiations.

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Spending Goes Up But the Budget Doesn’t Balance

Spending Goes Up But the Budget Doesn’t Balance

The federal government released the good news that revenue collections have reached an all-time high with total receipts of $1.935 trillion from October 1, 2013 to the end of May. Yet, even with this unprecedented flow of cash into the nation’s Treasury, the October-May deficit is an astounding $436 billion with May’s deficit alone totaling almost $130 billion.

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US Constitution

Mark Levin’s ‘Liberty’ Amendments: Legalizing Tyranny

For 100 years, the federal government has usurped powers not delegated to it in our Constitution. What should we do about it? Should we reclaim our existing Constitution and put an end to the usurpations? Or should we “modernize” the Constitution by delegating to the federal government the powers it has usurped – so as to legalize what is now unconstitutional?

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Balanced Budget Amendments (BBA) Gut Our Constitution And Don’t Reduce Spending

Balanced Budget Amendments (BBA) Gut Our Constitution And Don’t Reduce Spending

While well-intentioned, all existing versions of a balanced budget amendment take the focus off the Article 1 Section 8 constitutional spending of the federal government and assume the federal government can spend taxpayer money on whatever it wants so long as the budget is balanced. This guts the protections the founders built into the U.S. Constitution.

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Feckless House Republicans: Punt on Debt Ceiling, Power of Purse

Feckless House Republicans: Punt on Debt Ceiling, Power of Purse

Last August, before a partial government shutdown occurred in the ill-fated attempt to defund Obamacare, House Republican leaders were reportedly urging their conference to just wait for the debt ceiling, that that would be the time to achieve some concessions. Apparently, what House leaders finally determined could be accomplished on the debt ceiling was in fact nothing.

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The Constitutional Convention of 1787

Constitutional Convention Bills Pass South Dakota Committee

Two of three bills scheduled to be heard in committee dealing with an Article V Constitutional Convention were passed by the South Dakota House State Affairs committee Friday. One called called for a convention to produce a balanced budget amendment, and the other was to limit the authority of convention delegates. The third was deferred until Monday.

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Balancing the Budget?

Balancing the Budget?

The stated purpose of Compact for America, Inc. is to get a balanced budget amendment (BBA) ratified. Here is their proposed BBA. State Legislators recently introduced it in Arizona. The gap between what this BBA pretends to do – and what it actually does – is enormous. It has nothing to do with “balancing the budget” – it is about slipping in a new national sales tax or value-added tax in addition to the existing federal income tax.

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