- Obama military downsizing leaves U.S. too weak to counter global threats, panel finds
- Sen. Tom Coburn vows to slow down budget-busting bills ahead of recess
- Obama fantasizes about more executive power, signs new order on federal contractors
- Clintons call Klein, Halper, Kessler ‘a Hat Trick of despicable actors’: report
- Boehner accuses Obama of ‘legacy of lawlessness’
- Pro-marijuana group claims responsibility for Brooklyn Bridge flag swap
- Young adults shun Obamacare mostly due to cost: survey
- Stabbing attack on transgender girl, 15, was ‘bias motivated,’ police say
- LGBT adults still lean overwhelmingly toward Democratic Party
- Lawmakers rattled by Syria genocide horrors, call on Obama to act
Both parties recognize the Democrats' scam
Topic - Douglas Holtz-Eakin
The VA's data on patient wait times is so bad that Congress's official scorekeeper can't even calculate the costs for fixing the agency, and that has become a major hurdle as lawmakers push for a quick fix on Capitol Hill.
One casualty of the government shutdown is that key agencies no longer are producing exactly the kind of budget information on deficits, spending and the economy that could help inform Congress as it debates just those issues.
The White House said this week that passing the immigration bill will help boost Social Security — a claim that gets at the heart of the immigration debate and whether it's good for the economy or not.
Much of the fight over illegal immigration isn't about immigration at all, but rather over the generous social safety net that has sprung up in the past five decades, and which has proved to be a major sticking point in voters' minds as Congress contemplates a legalization.
President Obama's budget request to Congress on Monday will forecast a deficit of $1.33 trillion in the current fiscal year and calls for $1.5 trillion in tax increases over the next decade, senior administration officials said Friday night.
Republican presidential candidates are pledging to slice a quarter or more out of the federal budget — proposals that would take spending back to levels unseen in decades, and would require the equivalent of axing a major program such as Medicare or cutting the entire defense budget.
Democrats seem obsessed with finding new and inventive ways of robbing Peter to pay Paul. President Obama and congressional Democrats want to extend large rebates now required on drugs sold through the Medicaid program to prescription drugs used by "dual eligibles" - that is, seniors who qualify for Medicare and Medicaid - as well as seniors who are eligible for low-income subsidies under Medicare's Part D prescription drug program.
Despite President Obama's promises to lower the deficit and rein in spending, there was a conspicuous omission from his 2012 budget blueprint that many say would go a long way toward easing the nation's financial woes: Social Security reform.
While Democrats and Republicans say they are ready to begin filling in the nation's deep borrowing hole, budget hawks remain skeptical of lawmakers' ability to fulfill their vow, given that many of them did the digging in the first place.
President Obama on Thursday will announce fewer budget cuts and for a lesser dollar amount than President George W. Bush did in his final budget - and is counting on being able to eliminate some programs that his predecessor repeatedly tried, but failed, to slash.
"I don't think the facts on the ground merit anybody spiking a football and celebrating," economist Douglas Holtz-Eakin says about Mr. Obama's boastful claims.
"A rule is, 'You should have everybody who is receiving benefits have a stake in paying for those benefits,' so you don't get an unstable democracy, where people vote themselves benefits at somebody else's expense," said Douglas Holtz-Eakin, a former CBO director who is now president of the conservative-leaning American Action Forum.