Tag Archive: deficit

Sep 16 2013

The Russian-American beat must go on

The Edward Snowden drama has skipped from Washington through Hawaii and Hong Kong and into Moscow. Now, the storyline is back to Washington. Thanks to Russia’s decision to grant Snowden asylum for a year, Obama canceled a bilateral meeting with President Vladimir Putin that was slated for September 5 ahead of the G20 Summit in …

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Jul 16 2012

Economic rapture might be around the corner

If the deficit disappears, our economic nightmare might finally come to an end. By Salvatore Babones It’s January 25, 2001, the first week of the Bush presidency and more than half a year before the September 11 attacks. Federal Reserve Chairman Alan Greenspan testifies before the Senate Budget Committee, asserting: “If current policies remain in …

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Permanent link to this article: http://www.easttexasreview.com/economic-rapture-might-be-around-the-corner/

May 29 2012

Pentagon spending spree

Throwing money at the military doesn’t buy us safety. By Elizabeth Rose Are you wondering where your tax dollars are going? Then take a look at the $642.5 billion stuffed into the National Defense Authorization Act, which the House of Representatives recently approved. House Republicans may spout plenty of concern about the nation’s budget deficit, …

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Permanent link to this article: http://www.easttexasreview.com/pentagon-spending-spree/

Nov 09 2011

Foreign influence: Inappropriate for lawmakers tasked with shrinking the deficit

The supercommittee’s members shouldn’t accept campaign contributions from lobbyists representing foreign governments or companies. By Ben Freeman In his presidential farewell address, George Washington offered this warning to the young nation: “Against the insidious wiles of foreign influence…the jealousy of a free people ought to be constantly awake; since history and experience prove that foreign …

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Permanent link to this article: http://www.easttexasreview.com/foreign-influence-inappropriate-for-lawmakers-tasked-with-shrinking-the-deficit/

Jul 07 2011

How the government can save $2 trillion

By Jim Cason This summer, members of Congress are threatening to shut down the federal government or block efforts to raise the limit on how much the U.S. government can borrow unless lawmakers agree on tough action to cut federal spending. With the budget deficit expanding and total debt now estimated at more than $14 …

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Permanent link to this article: http://www.easttexasreview.com/how-the-government-can-save-2-trillion/