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:
"When President Obama took office on January 20, 2009, the gross federal debt stood at $10.6 trillion. At the end of fiscal year 2013, the debt had climbed to $16.7 trillion—an increase of 57 percent. His FY 2015 budget, which proposes changes to the current year in addition to policy recommendations for the coming decade, would surge the debt to $25 trillion," the Senate Budget Committee Republican staff say in a statement explaining their charts.
"The President's budget calls for a total 10-year spending increase of 63 percent from today’s levels (from an annual budget of $3.6 trillion today to $5.9 trillion in 2024). The President also proposes to bust the Ryan-Murray spending caps—which he just signed into law two months ago—including $56 billion above the discretionary levels established by those statutory caps in FY 2015, and by $791 billion over the budget window."
Dec 23, 2013, Vol. 19, No. 15 • By FRED BARNES
In Washington, folks are celebrating a new bipartisan budget deal that saves us from another full round of reductions in federal spending mandated by the “sequester.” Far fewer are lamenting the dwindling of the sequester itself. As usual, Washington has things upside down.
3:01 PM, Dec 11, 2013 • By GEOFFREY NORMAN
Tough times in the lobbying industry and the news is sure to be greeted with an outpouring of sympathy from across the land. As Kevin Bogardus and Megan R. Wilson of the Hill report:
4:25 PM, Dec 4, 2013 • By ROGER I. ZAKHEIM and THOMAS DONNELLY
House Armed Services Committee chairman Rep. Howard “Buck” McKeon doesn’t look like an insurgent. The quintessential Californian – a man of Reaganesque optimism whose congressional district now includes the Gipper’s presidential library – McKeon has been a steadfast supporter of House speaker John Boehner in turbulent times. Yet, to the green-eyeshade editorialists of the Wall Street Journal, McKeon is leading a “rebellion” of defense hawks, an “act of masochism” threatening the Holy of Holies: the sequestration provision of the Budget Control Act (BCA). McKeon’s crime is that he’s hoping for a 2014 budget deal that would reduce the amount of defense sequestration by half.
9:39 AM, Oct 23, 2013 • By DANIEL HALPER
New research from the Republicans on the Senate Budget Committee shows that over the last 5 years, the U.S. has spent about $3.7 trillion on welfare. Here's a chart, showing that spending versus transportation, education, and NASA spending:
11:35 AM, Oct 1, 2013 • By WILLIAM KRISTOL
Our upcoming WEEKLY STANDARD cruise had me thinking (only a bit!) about blackjack, since the ship's casino is occasionally (rarely!) frequented after dinner by TWS editors and guests.
4:07 PM, Sep 26, 2013 • By GEOFFREY NORMAN
The government will be tapped out on Oct 17, according to Treasury Secretary Jack Lew. Unless, that is, Congress takes:
8:14 AM, Sep 20, 2013 • By JERYL BIER
In 2009, the Obama administration made news with an $18 million, five year contract to redesign Recovery.gov, the website the government set up to allow taxpayers to track the stimulus spending enacted by the president and Congress soon after President Obama took office.
12:11 PM, Sep 16, 2013 • By GEOFFREY NORMAN
If the public is to understand the full awfulness of the sequester, it seems that it must first suffer. So, as Eric Katz reports at Government Executive, the FBI will be furloughing agents and cutting costs in a way that, according to its departing director will:
12:00 AM, Aug 24, 2013 • By IRWIN M. STELZER
All is quiet on the Washington front. But don’t let the lull in partisan warfare fool you. In two weeks Congress returns from its summer recess, after hearing from constituents who hold the institution in lower esteem than used car salesmen, and view eating Brussels sprouts, enduring traffic jams, and having colonoscopies less daunting prospects than continuing to watch this Congress in action. Nevertheless, few members of this despised institution are likely to lose their seats in November. Turn the rascals out, but not my rascal, seems to be the prevailing view.
Food stamp trafficking a record $858M in 20117:58 AM, Aug 16, 2013 • By JERYL BIER
The U.S. Department of Agriculture (USDA) released a report on Thursday regarding illegal trafficking in the Supplemental Nutrition Assistance Program (SNAP), more commonly known as food stamps. The report showed that the rate of trafficking rose from 1 percent of total benefits in the last study period of 2006-2008 to 1.3 percent in the current study period of 2009-2011, an increase of 30 percent. The report noted the trafficking rate remains well below a rate of almost 4 percent that existed for much of the 1990s. The rate plunged to 1 percent by the 2002-2005 study period and remained there until the current report: