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Tag Archives: federal deficit
Debt ceiling: Budget Deal Doesn’t Cut Spending
“Rs & Ds have come together on a ‘historic’ budget deal that … [the] Washington Post’s lead story calls the cuts ‘sharp’ and ‘severe.’ However, the budget deal doesn’t cut federal spending at all. The ‘cuts’ in the deal are only cuts from the CBO ‘baseline,’ which is a Washington construct of ever-rising spending.” – Chris Edwards, Cato Continue reading
“Don’t say the “the law will reduce costs and deficit.”
“Don’t say the “the law will reduce costs and deficit.” This is the last line on the final slide of a presentation given during a conference call organized by Families USA, a strong supporter of the health control legislation, HR … Continue reading
Health care “reform” barely reduces government deficit
Proponents of the health control legislation, HR 3590, claimed it would reduce the federal deficit. First of all, this desirable if government cuts spending. In any case, Veronique de Rugy at the Mercatus Center shows that the health care bill’s … Continue reading
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Tagged Congressional Budget Office, federal deficit, government spending, HR 3590, ObamaCare
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Medicare & the government debt ball & chain
Mothers Against Debt has a memorable video on how the U.S. government’s debt shackles future generations: The health control legislation (HR 3590) will also increase the deficit. Here’s a chart from the recent article by Veronique de Rugy in Reason … Continue reading