1:28 PM, Mar 5, 2014 • By GEOFFREY NORMAN
When you spend in the trillions and run deficits in the (many) billions, then you look for the millions where you can find them.
So, the president’s budget does some “revenue enhancement” by raising the fee hunters pay for the federal duck stamp they must purchase if they intend to go after migratory waterfowl. As Charlie Spiering at the Washington Examiner writes:
President Obama's budget released Tuesday would hike duck stamp fees by $140 million over the next decade … the proposal seeks to raise an additional $14 million a year from hunters. The White House Office of Management and Budget projected that this would raise $140 million from 2015 to 2024.
A trifling figure, of course. But when you are scratching around for every spare million, then, as the old country wisdom has it,
“You hunt where the ducks are.”
2:21 PM, Mar 4, 2014 • By GEOFFREY NORMAN
The administration has produced a budget that includes various predictions not least of which concerns GDP growth. The White House, as Jeffry Bartash of Marketwatch reports, is looking for sunny days ahead and:
12:34 PM, Mar 4, 2014 • By DANIEL HALPER
Jeff Sessions, the ranking member on the Senate Budget Committee, says that President Obama's budget includes a $1.76 trillion tax hike.
12:17 PM, Mar 4, 2014 • By JERYL BIER
Here's a rather harsh assessment of the last four years under the Obama administration's economic policies:
'This budget never balances—ever.'11:55 AM, Mar 4, 2014 • By DANIEL HALPER
Paul Ryan, chairman of the House Budget Committee, slams President Obama's budget in a statement released by his office.
“The President’s budget is yet another disappointment—because it reinforces the status quo. It would demand that families pay more so Washington can spend more. It would hollow out our defense capabilities. And it would do nothing to preserve or strengthen our entitlements. The President has just three years left in his administration, and yet he seems determined to do nothing about our fiscal challenges," says Ryan.
11:30 AM, Mar 4, 2014 • By DANIEL HALPER
President Obama unveils his budget today. And the numbers aren't likely to satisfy fiscal conservatives and budget hawks, who might have been hoping for a budget that decreases spending and lowers the debt.
According to analysis by the Senate Budget Committee Republican staff, working for Ranking Member Jeff Sessions of Alabama, over the next decade President Obama's proposed budget increases spending by 63 percent and increases debt by $8.3 trillion.
Here are a couple charts from the minority side of the Senate Budget Committee showing the numbers:
2:42 PM, Feb 28, 2014 • By DANIEL HALPER
A Capitol Hill source source says that Senate Democrats will not produce a budget this year. The news is expected to come from Senator Patty Murray's office at 3 p.m. today, as part of a Friday afternoon news dump. Murray is chairman of the Senate Budget Committee.
Senator Jeff Sessions from Alabama released this statement. "Senate Democrats are required by law to produce a budget," wrote Sessions.
7:18 AM, Dec 16, 2013 • By DANIEL HALPER
Bill Kristol, with Julie Pace, Bob Woodward, and Brit Hume, yesterday on Fox:
Hosted by Michael Graham.1:15 PM, Dec 13, 2013 • By TWS PODCAST
The WEEKLY STANDARD podcast with editor William Kristol on the Ryan-Murray Budget deal, Obamacare Delays, and Obama's Nelson Mandela speech.
6:33 PM, Dec 12, 2013 • By MICHAEL WARREN
On Thursday evening, House of Representatives overwhelmingly passed the budget deal crafted by Republican congressman Paul Ryan and Democratic senator Patty Murray, chairs of their respective budget committees.
The resolution passed with 332 votes for it and 94 votes against it. Sixty-two Republicans voted against the bill, which had the support of House leadership.
Hosted by Michael Graham.4:15 PM, Dec 11, 2013 • By TWS PODCAST
The WEEKLY STANDARD podcast with editor William Kristol on the Ryan-Murray budget deal and "selfies" as a sign of perception over reality.
4:01 PM, Dec 11, 2013 • By DANIEL HALPER
The Foreign Policy Initiative has released this statement from its board of directors in support of the Paul Ryan-Patty Murray budget deal:
Hosted by Michael Graham.2:15 PM, Sep 27, 2013 • By TWS PODCAST
THE WEEKLY STANDARD podcast with executive editor Fred Barnes on the unwillingness by President Obama to lead on the budget, debt, and the continuing resolution.