Budgets (page 264)

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    Smart students inspire Stossel

    John Stossel says when he went to Princeton in 1969, professors taught him “government could solve the world’s problems.” Now that he knows better, he’s glad to learn that some of today’s college students have a better idea about how the world really works. Stossel discusses those students…
    Mitch Kokai, March 31, 2011
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    New Carolina Journal Online features

    Don Carrington’s latest Carolina Journal Online report documents the continued use of legislative slush funds for state transportation projects. John Hood’s Daily Journal spells out three tests for every potential government action.
    Mitch Kokai, March 31, 2011
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    These poll results are depressing!

    ? President Obama gets higher marks than either the Democrats or Republicans in Congress on being “truly serious” about reducing the budget deficit, according to a new bipartisan Fox News poll. A bare majority of respondents believe he is serious. The response is interesting because, when Americans are…
    Michael Sanera, March 30, 2011
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    Three GOP governors seek federal balanced budget amendment

    The Republican governors of Virginia, Mississippi, and Texas want Congress to move forward with a balanced budget amendment, as reported by Human Events: “We believe it is time that the federal government be required to live within its means and…
    Mitch Kokai, March 30, 2011
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    Barone tackles Tea Party apathy

    Michael Barone's latest Washington Examiner article addresses the notion that Tea Party activists might have lost some of their enthusiasm: Has the wind gone out of the sails of the smaller-government movement? Is the Tea Party movement going through a hangover? You can find some evidence for these propositions. In Washington, Democrats like former National Chairman Howard Dean look forward gleefully to a government shutdown, and Sen. Charles Schumer thinks he can drive a wedge between Speaker John Boehner and "extremist" Tea Partiers. And in state capitals some new Republican governors are getting hostile receptions to their plans for cutting spending and curtailing the power of public employee unions. ...
    Mitch Kokai, March 30, 2011
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    The Price of Taxing the Rich

    The price of taxing the rich? According to this Wall Street Journal article, the wealthiest segment of society has the most volatile income, so politicians who rely on taxing them to fund their social and political dream projects can wind up diving headlong into a budget nightmare. The…
    Karen Palasek, March 29, 2011
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    ‘This Time It’s Different’ co-author predicts long, slow recovery

    You’ll have to wait for a link to Money magazine’s interview with Carmen Reinhart, co-author of the book This Time It’s Different: Eight Centuries of Financial Folly. In the meantime, I can share that Reinhart tells the magazine: “Historically, the recovery process from a severe financial crisis has…
    Mitch Kokai, March 29, 2011
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    Paul discusses the Libyan conflict, the tanking dollar, his role in Congress

    Before his public speech this evening at N.C. State University, U.S. Rep. Ron Paul, R-Texas, briefed reporters on topics including war, government overreach, and the financial crisis. Click play below to watch the entire 17:18 news conference.
    Mitch Kokai, March 28, 2011