Tag Archives: Debt

Senate Democrats finally have a budget plan, and boy it stinks

One should be happy that Senate Democrats have produced a budget plan. After all, it’s been a few years since that responsibility was fulfilled. Earlier this month, one was finally unveiled by Sen. Patty Murray, D-Wash. Simply stated, the plan … Read More

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Week of sequester, Rand Paul might cause upheaval to the political norm

This has been a big week in politics. Two events occurred that have a strong potential to disrupt the political norm and effect major changes. The first was the collective public yawn over the sequester. The Obama administration, and its … Read More

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Warren Buffett column may lead with tax hikes, but he wants spending cuts

Billionaire Warren Buffett has written a column this week that has generated a lot of attention. (read) Buffett calls for a 30 percent minimum tax on the wealthy, of taxable income between 1$ million and $10 million). News like that … Read More

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How much of the GDP will be taxes is the real budget debate

I’m listening to Congress debate Cut, Cap and Balance on C-Span web and yes, it’s self-inflicted torture. Each side claims solidarity with the American people, most of whom curl their lips in distaste when Congress is mentioned. We have a … Read More

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President Obama is overseeing the downsizing of America

Last Friday’s job numbers about settled the debate over President Obama’s economic policy — it stinks. About 18,000 jobs were created; not even a tenth of what is needed to sustain the economy. The unemployment rate is at a charitable … Read More

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