Posts Tagged ‘federal budget’

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    A Budget Cut Mirage

    Feb 12, 11 • 262 Views • No Comments

    Reacting to concern about the federal deficit, the Republican leadership seems to be targeting $100 billion in discretionary spending cuts. Similarly, for his fiscal 2012 budget, President Obama recommends a 5-year freeze on non-security discretionary...  [read more]

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    Who Do We Owe?

    Dec 4, 10 • 261 Views • No Comments

    Who do you think is the biggest holder of U.S. government debt? China? No. It is the U.S. government. Why? Please think about extra money the government might collect for Social Security. What does it do with those funds? Retaining cash would mean no return...  [read more]

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    Deficit Denial

    Nov 16, 10 • 270 Views • No Comments

    According to 96% of the participants in a CBS News poll on the deficit, “We really don’t care.” Jobs were #1 and health care #2 with the deficit far behind. According to Washington Post reporter Ezra Klein, that is why “the...  [read more]

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    A Federal Workers Cost Cutting Contest

    Jul 10, 10 • 246 Views • No Comments

    Last year’s winning idea for the second annual federal worker’s cost cutting contest (SAVE) was from A Department of Veterans Affairs employee. Scheduled for the fiscal 2012 budget, the suggestion will save a projected $14.5 million by 2014 by...  [read more]

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    Deficits and the Tragedy of the Commons

    May 7, 10 • 252 Views • No Comments

    Pondering Greece, I wondered about the individual and the state.  Sometimes what is good for one person is bad for all.  That took me to a graphic of the federal budget in 2020 in which entitlements, which are good for individuals, are dominant. The...  [read more]