Tag Archives: spending cuts

Power of a Balanced Budget

BY JOHN FEEHERY
Reprinted from TheFeeheryTheory.com

In 1995, at Xerox Document University, Newt Gingrich and John Kasich convinced the revolutionary class of 1994 and reluctant old-timers to work together to produce the first balanced budget in a generation.

Kasich’s budget included a pro-growth tax reform agenda and some painful cuts to some entitlement programs, chiefly Medicare and Medicaid.

Republicans passed that first balanced budget, and through some luck and some unforeseen economic growth, the budget magically balanced three years later. Continue reading →

See…Seekwes…Sequestration.

BY RICH GALEN
Reprinted from Mullings.com

The latest projectile-sweat-producing event in our nation’s capital is the looming automatic cuts in the federal budget known as “sequestration.”

Sequestration is not a word we get to use every day in a sentence, most of us, but it is fun to say because we get to use the tip and the back of our tongues to say it.

According to Webster’s, sequestration is a 14th century word from the Latin sequesrare – to hand over to a trustee or some other third party. Today it is an Continue reading →

Fiscal Cliff Tragedy/Comedy Part II

BY MICHAEL S. JOHNSON

“Do you ever get the feeling that the whole world is a tuxedo and you are a pair of brown shoes?”

That was comedian George Gobel’s quip after he was upstaged during a 1969 Johnny Carson Show by the unscheduled appearances of Dean Martin and Bob Hope.

Forty years later the whole country is a tuxedo and Washington is a pair of brown shoes–out of step, out of fashion, out of vogue and out of touch with the realities of governing the country. Continue reading →