Category Archives: Federal deficit

Paying for robots to read to preschoolers

Elizabeth Harrington of the Washington Free Beacon documents another questionable use of federal tax dollars. The National Science Foundation is spending nearly a half a million dollars to create robots that can tell stories to preschoolers. The $440,885 project seeks to “push the envelope” of normal storytelling aimed at four-year-olds. The Massachusetts Institute of TechnologyContinue Reading

Breaking up the federal budget

Ramesh Ponnuru explains in the latest issue of National Review why conservatives might want to push for a big change in the way Congress approves federal budget bills. Congressional Republicans could, for example, break up the budget — or at least the portion of the budget that is subject to yearly congressional funding decisions —Continue Reading

Closer than we think to a balanced budget

Kevin Williamson argues in a column at National Review Online that the federal government is closer to a balanced budget than one might think. At the moment, our national fiscal situation is considerably less bad than it was during the Obama-Pelosi-Reid era of one-party Democratic rule; the 2010 and 2011 federal deficits were 8.7 andContinue Reading

New Study of how Federal Spending affects state budgets

North Carolina is no stranger to how the federal government’s programs affect our state budget.  Take Medicaid for example, it has caused a problem for state budgets for years – and it is a federal program that receives a significant amount of federal spending.  If the federal government can’t keep it’s financial obligation, the stateContinue Reading

The debate question Williamson would like to ask

Rather than ask potential presidential candidates about their preferred Secret Service code names, Kevin Williamson of National Review Online would like to address meatier subjects. Here’s my question, which nobody ever really asks: “Given that a small number of federal expenditures — Social Security, Medicare, Medicaid, national security, and interest on the debt — typicallyContinue Reading

Government cost overruns explored

Chris Edwards and Nicole Kaeding of the Cato Institute have issued a new report this week on the federal government’s struggles to complete projects within their budgets. The federal government proceeds with large projects on the basis of estimated costs, but once projects get underway officials often revise the costs upward. Cost overruns have plaguedContinue Reading

This weekend on Carolina Journal Radio

Ten years have passed since Hurricane Katrina ripped through the Gulf Coast. Devastation in New Orleans grabbed the headlines, but Mississippi coped with its own much less publicized large-scale disaster. Haley Barbour, who was governor of Mississippi at the time, recounts his state’s experiences with Katrina in a new book. He shares his memories ofContinue Reading

Which of Washington’s monuments is largest?

Chris Edwards of the Cato Institute’s highlights a new report that shows how federal debt dwarfs all of the other monuments in the nation’s capital. The federal government spends hundreds of billions of dollars more each year than it collects in taxes. Those large budget deficits are financed by issuing growing amounts of debt.Continue Reading