December 16, 2011 | 8 comments
December 15, 2011 | 3 comments
December 15, 2011 | 0 comments
December 14, 2011 | 39 comments
December 14, 2011 | 4 comments
Today the Congressional Budget Office released the Long-Term Budget Outlook. The report gives a clear picture of the country’s fiscal situation, and projects spending and revenues into the future. There will be plenty of commentary on this document to come (Paul Ryan is already broadcasting the report’s warnings about spending), but for now here are the best graphs from the outlook:
This chart shows the projected debt (the alternative fiscal scenario is the most likely path):
This one shows the same projection over a longer timeframe:
Lastly, this chart includes the composition of the spending, and shows that the unsustainable spending is mostly driven by government spending on health care:
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?