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Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.
In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.
The primary drivers of our growing debt burden are the “Big 3” entitlements of Social Security, Medicare and Medicaid. Yet as part of the debt ceiling deal that created sequestration when the Super Committee failed, politicians effectively fenced off nearly two-thirds of the federal budget and the main source of our over-spending.
Here is another good news/bad news column about the 112th Congress.
Tom Miller's proposals for Medicaid reform.
AEI's Joe Antos says actual federal health spending for the health care bill proposed by Senate Majority Leader Harry Reid will be double what Reid claims it will be.
It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.







