It official, the United States has hit its Debt Ceiling today according to Treasury Secretary Timothy Geithner. So what about this august 2 deadline? Geithner has figured out he can stretch the existing Debt Ceiling until then by deferring required payments into various federal retirement funds. While he assures federal retirees that in no way …
Today we see the spectacle of five CEO’s of the major oil companies being marched in front of the klieg lights to be grilled before the Senate Finance Committee. The democrats are demanding the repeal of tax breaks for the Oil and Gas industry to reduce demands for spending cuts to achieve deficit reductions. Some …
In a report today by Erik Wasson in The Hill, he reports that the Republican Study Committee, the caucus representing over 175 Conservative Republicans in the House of Representatives is making a truly radical set of demands in exchange for increasing the Debt Ceiling which will be required in the next couple of months. The …
I must admit that for much of the last decade I have had little faith in the Republican leadership in the House of Representatives. It was that group who during the bush years lost touch with the basic principles of restrained government and fiscal responsibility which had defined Republicans for much of the last 50 …
Today we watched President Obama outline his plans for reducing the deficit by $4B over 12 years and we got something different from him for a change, the truth. Gone was the “Change We Can Believe In” and replacing it the hard core leftist Democrat demagoguery and class warfare we have seen since the New …
A Conservative's Musings on All Things Political 