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Posts tagged as “deficit”

Bowles: Romney Tax Plan Won’t Cut Deficit

There are all sorts of reasons not to vote for Mitt Romney. One of the simplest is that Romney's tax plan won't reduce the deficit. So says Erskine Bowles, who co-chaired the deficit reduction commission with Alan Simpson: This month,…

Do-Nothing Congress May Lower Deficit Better Than Active Governing

Yesterday I grumbled over lunch about the misnamed Super Committee sitting around watching football instead of taking action to curb the deficit. An eager reader points out that, if we're really worried about the deficit above everything else, a do-nothing…

Yes We Can Blame Bush for Deficit

President George W. Bush referred to his 2001 tax cuts as a "fiscal straitjacket for Congress." Alas, he never forced them to put it on. As President Barack Obama said last night, the Bush Administration and Congress put two wars…

Republicans Split by Income on Reducing Deficit vs. Protecting Benefits

Democrats, opportunity is knocking! The esteemed Dr. Blanchard will tell you it's really Democrats like me, not Republicans like Kristi Noem, who are trying to destroy Medicare, what with our impractical commitment to maintaining benefits over reducing the deficit. Even…

Big Oil Causes Amnesia: Noem, GOP Forget Deficit Hawkery

Last year's BP oil rig explosion and spill are still having numerous health, environmental, and economic impacts. Among the lesser known neurological impacts: political amnesia. It appears that Big Oil can cause Intern Kristi Noem and her Republican colleagues on…

Sales Tax Changes: How They Affect Your Pocketbook

The Legislature is considering numerous bills on our state sales tax. The House Taxation Committee has already killed HB 1131, which would have repealed the tax on food and replaced that revenue by tacking another 0.35% tax on everything else.…

Conservatives Already Seeing Through Kristi Noem Facade

All conservatives got with Kristi Noem was looks. Observers outside South Dakota are already seeing that, far from a true Tea Party crusader, Noem is just another pork-seeking farm-state politico. Take her comments on subsidies for ethanol: Speaking on the…

South Dakota, the Welfare State: Chapter 847

Say it again, kids: South Dakota loves federal money. South Dakota lives on federal money. The new Inter-Lakes Community Action Partnership building will be built on Uncle Sam's dime. Madison's city fathers cheerfully announced a $290K handout from the federal…