12 ordspråk av Stephen Slivinski
Stephen Slivinski
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Portman is going to have his work cut out for him, mainly because the Bush budget was dead on arrival.
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This is a good nomination in the sense that it could heal some of the wounds that may have developed over the past few years between the White House and Congress. It was necessary to get somebody who works well with Congress in order to get any fiscal restraint. But he does have his work cut out for him.
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Charity does require sacrifice, even from big spending politicians using other people's money for charitable purposes.
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It's really in the realm of speculation as to how to price this.
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This is probably not the end of what we will be seeing. The cost could easily be $150 billion, and there are probably going to be more emergency appropriations.
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It's clear that the target the White House has set of halving the deficit (as a percentage of gross domestic product) by 2010 is unrealistic.
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We will have more investment and business growth, which leads to lower prices, because more people will be coming to the marketplace with similar products.
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Going in the direction of an ownership society gets you to the consumption tax in a different way.
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My concern with the current (bill) is that it's going to be packed with more goodies that are going to chip away at the effectiveness of it.
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Many states are having an unexpected surplus of revenue, and that is because of economic growth. It's mainly because their estimates on economic growth were very low.
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What Republicans need now are bold plans to downsize the federal government, not some wishy-washy tinkering around the edges.
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People thought over the long term he'd try to do some good and Republicans could finally make good on their promises of getting spending under control, but here we are in the second term and that has not materialized. The dam has just broken.
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