Category Archives: Federal budget

America’s Exploding Budget Deficit

By Martin Feldstein The federal government’s debt has risen from less than 40% of GDP a decade ago to 78% now, and the Congressional Budget Office predicts that the ratio will rise to 96% in 2028. While many blame the … Continue reading

Posted in Budget deficit, Federal budget

Should the GOP break the anti-tax pledge?

By Ken Feltman   Writing about people I know is never easy and, in effect, that is what Politico is asking when they ask me to write about whether Republicans should break their anti-tax pledge. Grover Norquist has had an enormous impact … Continue reading

Posted in Balanced Budget amendment, Congress, Elections, Federal budget, Finance, Ken Feltman at Politico, National debt, Organized labor, Political parties, Politics, President Obama | Tagged , , , , , , , , ,

Of smoots and gaffes

by Ken Feltman But smoots aren’t just any kind of graffiti. They’re smoots! (Massachusetts Metropolitan District Commission, the government body in charge of the Harvard Bridge)  In October of 1958, Oliver Reed Smoot was an MIT freshman and a pledge of … Continue reading

Posted in Elections, Federal budget, Journalism, Ken Feltman, Ken Feltman at Politico, Mitt Romney, Science | Tagged , , , ,

BLAMING OBAMACARE ON CHIEF JUSTICE JOHN MARSHALL – Part 2

By Anthony Hawks The decision in McCulloch v. Maryland was handed down on March 6, 1819, and it did not take long for Marshall’s critics to mount a newspaper campaign denouncing the decision, particularly what they viewed as Marshall’s erroneously … Continue reading

Posted in Anthony W. Hawks, Balanced Budget amendment, Constitutional law, Federal budget, National debt, Thought-Provoking Analysis | Tagged , ,

WHAT A REAL SWORD OF DAMOCLES WOULD LOOK LIKE

By Anthony W. Hawks Why did the deficit reduction super-committee fail? For the same reason that the “Byrd Amendments” mandating a balanced budget failed in 1978, 1980, and 1982. For the same reason that the Gramm-Rudman-Hollings law and its sequestration … Continue reading

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