James Pethokoukis

Yes, discretionary spending is a big problem

March 10, 2011

Congress should be looking hard at dramatic discretionary spending cuts.  It’s really gotten out of control (via the Congressional Budget Office):

Can America grow its way out of its debt problems? No

March 9, 2011

That’s the question CNBC’s Larry Kudlow asked House Budget Chairman Paul Ryan yesterday, which resulted in a fascinating exchange:

When US debt payments consume all America’s revenue

March 9, 2011

Another scary chart from Mary Meeker’s USA Inc. report:

meeker1

The Anti-Appropriations Committee

March 8, 2011

The U.S. lawmaking process is completely rigged toward favoring increases in federal spending rather than cuts. Sen. John Thune recently introduced a bill that would go a long way in tilting the playing field back the other direction.

Why a U.S. government shutdown is worth it

February 25, 2011

The cost-cutting battle lines are drawn in the U.S. Congress. But the fight will affect only maybe a sixth of spending, with big-ticket items like defense and Social Security getting a bipartisan pass for now. Still, tackling even that small slice would save money and reassure markets. A temporary government shutdown would be a small price to pay.

Civil War 2.0 may turn governors into presidents

February 24, 2011

Six men with the rank of general during the Civil War went on to become  president of the United States. But a new kind of union battle — one being fought in places like Trenton and Madison and Columbus and Indianapolis — may be forging the next generation of leaders who will ascend to the White House. How state governors fare as commanders in this escalating conflict with Big Government Labor may determine who makes it all the way and who falls short.

Obama’s dangerous debt dodge

February 22, 2011

Americans need to fully grasp just how scary dangerous the nation’s debt problem really is. Washington sure won’t deal it unless given a firm shove by voters. The tea party needs to get a lot bigger.

Obama’s centrist shift evaporates

February 18, 2011

President Barack Obama’s much-trumpeted move to the center? Apparently, it doesn’t go much beyond using buzzwords such as “innovation” and employing CEOs as stage props. His 2012 budget introduction and Wisconsin incursion make that clear.

No ‘substantial effect’ on long-term budget woes

February 14, 2011

Hey, it’s not just me pointing out the many flaws in the Obama budget. This from the Committee for a Responsible Federal Budget:

Obama budget reveals Obama’s core

February 14, 2011

Here’s what President Barack Obama’s new budget tells me: He hasn’t shifted to the center, he’s shifted into 2012 campaign mode, one that let’s him be who is really is.