“Committee for a Responsible Federal Budget” on The Daily Caller

Recent reports suggest that the Joint Congressional Committee on Deficit Reduction — the so-called super committee — is on a crash course with failure. (more)

There was growing concern in Washington Tuesday that President Obama’s tax cut deal would add roughly $900 billion to the federal budget deficit and national debt. (more)

A plan to cut the federal deficit and reduce the debt that was released Wednesday by the co-chairs of President Obama’s debt commission was blasted by the left, with labor unions leading the way in decrying its cuts, and received only a noncommittal response from the White House. (more)

President Barack Obama is urging Congress to act quickly on a measure that would provide a $250 payment to seniors. (more)

The news this week that President Obama’s health care law authorizes $55 billion more in spending than anticipated has drawn a promise from the White House that they will cut that amount of money from existing spending if necessary. (more)

Since 1586, there have been shipwrecks off the coast of North Carolina at Cape Hatteras that the area became known as the Graveyard of the Atlantic. Pretty gruesome title for such a beautiful coast.
In a similar vein, President Obama’s recent announcement that he is setting up another commission to be headed up by Erskine Bowles and former Sen. Alan Simpson to study what is wrong with our federal budget should be received by a national collective groan and a scream of “Oh, no! Not another one of those! Please!” (more)

White House Budget Director Peter Orszag didn’t exactly sound bullish about the prospects for health care reform when asked Monday how its passage, or non passage, would factor into the federal budget deficit. (more)