One of Obama’s hand-picked fiscal commissioners calls him a liar — Lad mag offers Democrats an econ lesson — Former health care execs cannot stop patting one another’s butts — If you smoke, shoot, or booze, the government robbed you good this year — Obama flunky is crushed that businessmen do not want to listen to her monotone nonsense all day — Why are Democrats punishing the poors who have no jobs? (more)
Erskine Bowles, co-chair of President Obama’s fiscal commission, said Wednesday that while he wants most of the government’s budget deficits to be closed by cutting spending, he also thinks a value-added tax is called for. (more)
The Democratic co-chair of President Obama’s fiscal commission said Wednesday that the president’s health care bill will do very little to bring down costs, contradicting claims from the White House that their sweeping legislation will dramatically impact runaway entitlement spending. (more)
BOSTON (AP) — The heads of President Barack Obama’s national debt commission painted a gloomy picture Sunday as the United States struggles to get its spending under control. (more)
We all know, liberals and conservatives, that the growth of the U.S. national debt is, to use a favorite word of our time, unsustainable. (more)
There is an “emerging consensus” that we are headed for a value-added tax (VAT) in the United States. But the more optimistic among the experts and pundits believe it won’t come until after the 2012 election and then only if President Obama is reelected. There is no doubt that something will have to be done about the financial crisis and the federal debt—even if ObamaCare is repealed—and many believe the “hidden” VAT is the politically viable solution. Many openly say that the VAT, with its costs hidden in the price of commercial products, is the only way to get the money to pay for ObamaCare. (more)
Two immovable facts face Democrats on President Obama’s fiscal commission: They don’t see any way to alleviate the country’s debt without raising taxes, and they know most voters hate the thought of any tax increase. (more)
Alan Simpson, the former Republican senator who is co-chairing President Obama’s fiscal commission, on Wednesday said the Tea Party is being driven by an accurate understanding of the country’s fiscal crisis. (more)
“The pig has died.” (more)
WASHINGTON – President Barack Obama is kicking off the work of the federal deficit commission, saying public officials must move urgently to attack high spending and avoid inflicting a “mountain of debt” on the next generation. (more)
One week from Tuesday, 18 men and women will begin an attempt to fix, in eight months, what is possibly the country’s greatest problem: the federal budget deficit, national debt and runaway entitlement spending. (more)
President Obama’s bipartisan fiscal commission, which has been charged with proposing solutions to the nation’s debt and deficit crisis, announced Tuesday that it will hold its first meeting on April 27. (more)
It was often said during the year-long White House push for a health-care bill that the issue was sucking the air out of Washington, keeping almost everything else off the president’s agenda. (more)
President Obama on Thursday indicated that tax increases on people who make less than $250,000 a year will be on the table when a deficit commission makes its recommendations later this year on how to resolve the nation’s fiscal imbalances. (more)
President Obama is going to name Alan K. Simpson, a former Republican senator from Wyoming, and Erskine Bowles, former chief of staff in the Clinton White House, as the co-chairmen of a bipartisan commission to recommend how to reduce high deficits that are building the national debt to perilous levels, according to a senior administration official. (more)























