In the early 1990s, toy maker Mattel got into hot water for manufacturing a talking Barbie doll that warned children: “Math class is tough.” Yet 20 years later, if we could pull their string, most politicians would probably say just that.
If you think the economic slowdown now is related to the tax increase then, well you might be good at math, but you know nothing about Washington math and Washington journalism, both of which are the highest forms of the art of opinion.
With some tweaking of eligibility requirements, a true economic-growth budget would lower food-stamp enrollment, unemployment compensation, disability benefits, and other forms of welfare-dependency spending that plague the country.
If interest rates rise, as most of the world assumes will happen eventually, then a million dollars instantly becomes a lot less.
When President Obama declared April to be “National Financial Capability Month” and described plans for his administration to teach young people “how to budget responsibly,” it was easy to mistake the announcement for a Stephen-Colbert-style April Fools’ prank.
Like his previous budgets, even Democrats aren't excited about getting on board, and his typically idolatrous media was less than impressed.
Barack Obama's quest for a "balanced approach" is the lifeblood of his political success -- and also its biggest myth. Witness the coverage of the purportedly centrist president's 2014 budget proposal.
The money in an IRA is not “tax-preferred,” as the White House asserts. Money in an IRA is rather “tax-deferred,” meaning the government is going to get their money one way or another. No surprise there that they got that wrong. The White House is short on CPAs. They don’t even know how to do their own taxes right.
My dream took form during a foggy morning drift on the edge of sleep. Planning the ratings coup of the decade, ESPN challenged President Obama to one final March Madness Bracket pick.
Say you’re running a business, and you find yourself awash in red ink. You realize it’s time to retool your approach, and fast. So you ask two different employees to each come up with a budget. You’ll go with whoever writes the best plan.
The Ryan budget provides a view of Republican priorities and their vision for how to increase economic growth, reform entitlements, and balance the budget. While timid and imperfect, Ryan’s plan shows that Republicans are at least looking in the right direction.
Take President Obama and his Cabinet of Liars, please. We all know what dirty tricks they played to try and stop the sequester's automatic budget cuts from happening.
If you’re reading this, it means you survived the sequester. Of course, as President Obama reminded us last Friday, “this is not going to be an apocalypse as some people have said.”
Here we go again. And again. And again. ... For in Washington, every day is Groundhog Day. And now, once again, the country is speeding toward the dreaded ... Fiscal Cliff! Not to mention Catastrophe, Chaos and Collapse. Or maybe Stalemate, Train Wreck, Dysfunction or whatever your favorite clich may be. So quick, get the scare headlines back in type. The Great Tax vs. Spend Debate is on again, if it ever went away. With each side blaming the Coming and Constant Crisis on the other.
House Republican leaders seized the high ground this week in the furious battle to curb federal spending, forcing Senate Democrats to produce their first budget in nearly four years.
American taxpayers earn their paychecks by doing their jobs. But Harry Reid and Senate Democrats think they're different from most Americans. It's been almost four years since the Senate passed a budget, despite being legally required to do so every year.
Republican leaders want to freeze salaries for lawmakers unless Congress gets serious about passing a budget.