July 21, 2011 - 5:43pm
The CC&B plan would cut total spending by $111 billion in FY 2012, and would also cap total federal spending at 22.5 percent of GDP next year; gradually decreasing spending levels over 10 years, until locking in at 19.9 percent of GDP in 2021 and beyond.
Following the passage of the Cut, Cap and Balance Act Tuesday evening in the House of Representatives, Sen. Rand Paul (R-Ky.) issued the following statement:
July 12, 2011 - 8:00am
Rand Paul's proposed budget for 2012 did not get nearly the attention it deserved. Here's another installment in rectifying that.
Rand Paul's 2012 budget proposal was, for the most part, received by his colleagues in Congress with a deafening silence. With good reason. But it provides a wealth of insights into Rand Paul's thought processes that shouldn't just be swept under the rug.In today's installment we...
June 13, 2011 - 8:00am
McConnell proposes solving our problems by refusing to pay for the solutions.
Mitch McConnell is not telling the truth when he says of our fiscal issues, “We don’t have this problem because we tax too little. We have it because we spend too much.”That isn't even close to true.Our nation faces unprecedented challenges on many fronts.