In an op-ed published by the Wall Street Journal, Patrick M. McSweeney, reminds us that “Congress simply can’t help itself when it appropriates funds. In “Repeal the 1974 Budget Law That Fuels the Shutdown Cycle” (op-ed, Oct. 12), Wisconsin’s Sen. Ron Johnson and Rep. Mike Gallagher remind me of the kid who falls off his…
Last May, David Walker, former Comptroller General and a Federal Fiscal Sustainability Foundation, Inc. Board of Directors member, wrote an op-ed titled “A New Plan to Save America’s Fiscal Future.” The op-ed mentioned David’s previous positions, including being a partner with Arthur Anderson and serving as a distinguished visiting professor at the U.S. Naval Academy,…
According to Bing AI, “The moral of the story “The Emperor’s New Clothes” is that people should not be afraid to speak the truth, even if it goes against popular opinion or authority. In the story, everyone pretends to see and admire the emperor’s new clothes because they fear being seen as foolish or going…
If our nation’s leaders were truly concerned about “We the People,” there would be more reaching “across the aisle.” All we see are partisan attacks and in-fighting. It’s time to find some common ground. There have been at least two Master Classes featuring opposing political icons who successfully found some common ground – Karl Rove…
Today, the Cato Institute published an op-ed by Romina Boccia, Director of Budget and Entitlement Policy, entitled Bankruptcy–Gradually, Then Suddenly. Ms. Boccia believes “U.S. government spending is on a collision course with economic disaster. Legislators need not lift another finger to increase spending any further. The U.S. federal budget is on a Titanic‐esque voyage that…
According to the Webster online dictionary, “intervention” refers to a situation where a group of family or friends confront an individual with an addiction or behavioral problem to encourage them to address the issue. In this case, the issue at hand is Congress’s out-of-control deficit spending. With few exceptions, our elected officials aren’t being good…
Republican candidates take to the stage to make their pitch to the American public as to whom “we the people” should place our confidence. The Federal debt is a problem. The Committee for a Responsible Budget published what it calls “Principles for a Fiscally Responsible Campaign.” An excerpt follows: Make Deficit Reduction a Top Priority…
The current administration led by Biden is downplaying the recent decision made by Fitch to downgrade the credit rating of the United States. Despite their claims of success in the Bidenomics approach, the prices of groceries and gasoline have not significantly dropped even though inflation has stalled its upward trend. The country’s existing debt problem,…
Ian Haworth in his Op-Ed published by “The Washington Examiner” on July 3, 2023 says that “one area should be sparking terror among the populace: debt.” Notable comments in his Op-Ed follow: “And why, as we stare down the barrel of passing the highest level of debt recorded in American history at 106% of GDP…
The 4th of July commemorates the signing of the Declaration of Independence. This country has been through a lot since that fateful day – Civil War, World Wars, 9-11, etc. And, over the years, we found a way to come together despite our differences. But right now, we’ve “lost that loving feeling” as penned by…