Tag Archives: balanced budget

Rep. Molinaro on the Federal Budget

Appropriations and financing debt are two different things.–Vaughn Golden They’re not two different things.–Rep. Molinaro The speaker is made clear to the President that we’re not taking up what you what the world refers to as a clean bill.–Rep. Molinaro … Continue reading

Posted in Congress, Economics, Political | Tagged , , , , , , , , , | 1 Comment

Rep. Langworthy, Balanced Budget, National Debt

Anyone who makes alarmist claims about debt by talking about trillions of dollars as opposed to, say, percentages of gross domestic product, is engaged in scare tactics, not serious discussion.–Paul Krugman, “The future of taxes” “We have to get spending … Continue reading

Posted in Economics, Taxes | Tagged , , , , | 1 Comment

Sounds right

Sounds right, so it must be right. Are we too quick to accept ridiculous ideas because they sound good? Take “balanced budget,” for example. Balancing the Federal budget may be a good idea when times are good, but it is … Continue reading

Posted in Political, Taxes | Tagged , | Leave a comment

Insidious dogma, part 2

…borrowing’s burden falls on future generations. This is a form of expropriation–taxation without representation of the unborn.–G. Will   In a column in the Elmira Star Gazette on Jan. 4, 2018, George Will argues for a balanced budget amendment. Will’s … Continue reading

Posted in Congress, Economics | Tagged , | 6 Comments

The Greek people voted down austerity; we should do the same

Tom Reed called the Greek debt crisis a “stern warning” to America, advocating for the Federal government to live within its means and move toward a balanced budget. The Greek people voted to reject austerity–a wise move. Cutting spending when … Continue reading

Posted in Congress, Economics, Political, Reed's Views | Tagged , , , | 2 Comments

Balanced Budget Baloney

You balance your budget and live within your means. Washington should do the same.–Rep. Tom Reed (R-NY) Is Tom right to link a balanced budget to “living within your means? Certainly not. An individual might take on debt to buy … Continue reading

Posted in 2016, Congress, Economics, Political, Reed's Views | Tagged , , , | 12 Comments

No Labels National Strategic Agenda

The issues that unite us are far greater than those that divide us and we’re proud to join with No Labels as part of our effort to highlight those uniting issues. I care about the big issues we face as … Continue reading

Posted in 2016, Congress, Economics, Education, Environmental, Farm Bill, fracking, Health Care, Political, Reed's Views, Seniors, Sequester/Fiscal Cliff | Tagged , , , , , , | 19 Comments

Budgets

You balance your budget and live within your means. Washington should do the same. The House GOP budget balances in less than 10 years without raising or creating taxes.–Rep. Tom Reed (R-NY) Furthermore, this budget relies on a host of smoke … Continue reading

Posted in Congress, Economics, Political, Reed's Views | Tagged , , , , , , , , , | 4 Comments

No Budget No Pay Act

“I care about our nation’s future. Each and every family has to work with a budget; our Congress should be no different. That is why I am calling for “No Budget No Pay” as an accountability reform measure for members … Continue reading

Posted in Congress, Constituents, Economics, Education, Political, Reed's Views | Tagged | 3 Comments

Impossible demands

There are many victories in this (budget) proposal….On balance it is a victory for taxpayers–Tom Reed Has the GOP done itself in with rightist rhetoric? A constant barrage of advertising has had an impact. Part of the GOP base and … Continue reading

Posted in Congress, EPA, Political, Reed's Views | Tagged , , , | 4 Comments