Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts
Ed Carson: GM Bailout Has Now Cost Taxpayers $35 billion
Stock shares close in on record low. General Motors (GM) shares fell to a fresh 2012 closing low of 19.57 on Monday. The stock hit 19 in mid-December, the lowest since the auto giant came public at $33 in November 2010 following its June 2009 bankruptcy. Normally you might say, tough luck investors. But this is Government ... MOREYoung & Crews: Washington's 10,000 Commandments
Regulations and red tape should be campaign issue. Deficits, taxes, and spending are the defining issues of the 2012 campaign. Regulation deserves a seat at the table, too. The federal government spent $3.6 trillion in 2011. But according to the Small Business Administration (SBA), the annual cost of complying with federal regulations has exceeded $1 trillion ... MORETed Nugent: The Great California Nightmare
Bankrupt state serves as a warning to the rest of America. I was reminded of that last week when I heard from Sergei Shevchuk, a reader who was flying from Los Angeles to San Francisco on Delta Air Lines. "I was pleasantly surprised when an officer advised me not to take out my laptop and liquids and to keep my shoes and jacket on," he told me. "They said they've been ... MOREDaniel Halper: $16 Billion Deficit In California
Another bad gamble by the bluest of states. California Governor Jerry Brown bet that a nascent financial recovery would lift the world’s ninth- largest economy enough to whittle down a $9.2 billion deficit. Instead, the gap has widened to $16 billion. Today the 74-year-old Democrat will unveil his revised budget and explain what additional spending must be cut. ... MOREKatie Pavlich: Free Market Makes America Great
Not government. Sorry Occupy, the majority of Americans believe capitalism and a free market made this country great, not the government, despite President Obama recently crediting the government with American success. Obama cited a series of government "investments." Obama said that Republicans have "one message and that is, we're going to make sure ... MORER. Emmett Tyrrell Jr: The Overextended America
Rejecting the entitlement state for freedom and choice. We in America today live in a country circumscribed by entitlement policies devised by an America that has steadily been disappearing. Those policies established over a generation ago cannot possibly in mathematical or demographic terms support the America of the present much less the America of the ... MOREStephen Dinan: Government Creates Record Deficit
Government economic malfeasance continues merrily along. The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars. The CBO’s figures show that despite repeated efforts to trim ... MOREPeter Ferrara: The Decline & Fall Of America's Economy
The fruits of Obama's budget. President Obama’s budget released Monday embodies his policies for economic growth and recovery. The document, including the President’s accompanying budget message, makes those policies quite clear. If you think the key to economic growth and prosperity is increased government spending, financed by increased ... MOREPaul Revere: Tax Reality Vs. Liberal Propaganda
How Obama platitudes stand up to real facts. Want to help make a huge step towards balancing the budget, make the tax code fair and equitable and improve the economy? According to President Obama, Massachusetts Senate candidate Elizabeth Warren, and other liberals, the way to do this is to raise taxes on the wealthy: From a CBS partial ... MOREAndrew C. McCarthy: The Myth Of GOP Stinginess
Republicans fill the tank as Obama drives off cliff. Mitch McConnell wanted you to know he was livid on Thursday. The Senate was about to Greece the wheels for adding yet another trillion and change to President Obama’s yet-again tapped-out credit card. “More spending, more debt,” brayed the minority leader. “That’s what we’ve gotten from ... MOREM. Brownfield: How Would Americans Help The Economy?
The answer is less government. Throughout his presidency — and especially over the last year — Barack Obama has turned toward a bigger federal government as the answer for fixing the U.S. economy. According to a new poll, though, that’s the last thing Americans want. Rather, they want to see the government cut deficits, spending, and taxes. Rasmussen ... MORE
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