In my syndicated column this week, I write about the family budget I featured in my last show:

Add eight zeros to that, and you get the federal government's budget. That's unsustainable.

Yet:... continue reading »

President Obama says his new budget will put the country on a more sustainable fiscal path, but his path adds $1.3 trillion dollars to our already massive debt.

What would happen if you planned your family's budget the way the politicians plan theirs? I showed people this chart:

... continue reading »

Obama's new budget is 1,470 pages long. On page 1,318, Obama announces he will end funding for the DC "Opportunity Scholarship" program, which gives poor kids the option of going to a private school instead of being stuck in the government monopoly. [HT: Fox News' Ed Henry]... continue reading »

This week, Obama released his new budget. He talked about the "tough choices" he was making to reduce the deficit. In his State of Union speech, he claimed that he had already agreed to "$2 trillion in cuts and savings."

But Obama misleads. From my syndicated column this week:... continue reading »

Government does too much, but defense is what government is supposed to do: keep us safe from our enemies.

But Ron Paul says our current government goes too far. This week, we debate that.

David Henderson, an economist at the U.S. Naval Postgraduate School says Ron Paul is right, but Colonel David Hunt with 29 years in counter-terrorism operations, says Rep. Paul's foreign policy ideas are naive... continue reading »

On my FBN show this week, Congressman Paul Ryan and I talk about the unintended consequences of government spending. The consequences are nasty.

But the glimmer of good news is that while Congressman Ryan was vilified for his 'Path to Prosperity', a mild plan that doesn't balance the budget for about 50 years, he helped start a conversation about our massive debt. Ryan moved the needle... continue reading »

Listening to the liberal media, you'd think the era of big government is finally over. After all, Obama signed off on deal that includes: "New massive cuts" ... "severe spending cuts" ... "draconian and unnecessary budget cuts"... continue reading »

This week pundits were excited that President Obama signed a bill that resolved what they called the "debt-ceiling crisis." In their minds, failing to increase the government's borrowing limit would lead to an economic disaster. They missed the point.

In my syndicated column this week, I talk about the real problem.

The problem is that Republicans and Democrats under Bush and President Obama doubled spending.

... continue reading »

On my show tonight at 10pm, I lay out a way to completely get rid of the deficit.

I don't claim to be a budget expert. But others, such as Chris Edwards at Cato and Stuart Butler at Heritage, are. They found lots of serious cuts. My staff found a few more, and put together a list that would completely balance the budget:

... continue reading »

The media tell us the best chance for a deficit-cutting deal that might be supported by both Congress and President Obama is something close to what's been proposed by the so-called "Gang of Six" senators. They claim their plan would reduce deficits by $3.7 trillion over 10 years.

But Cato's Chris Edwards points out, "The Gang outline has a few specific cuts, but the document mainly consists of promises to restrain spending and raise taxes in the future."... continue reading »