Budget and Deficit

Virtually lost in the debate is that the more the government cuts spending, the less new revenue needs to be raised. 

The election was an opportunity for the American people to pull back from the abyss formed by all of these “cliffs” we face. But instead of stepping back from the abyss, it appears that the American people have decided take a step closer, lean forward, and gaze into the abyss.

Listen to those who defend President Obama's economic record and then take a look at the graph, which undermines virtually every claim.

It is time to rethink our goals and achievements—or lack thereof—with foreign aid.

As the national debt clock ticks away in Tampa, it forces us to begin to ask, what comes after "trillion."

With the selection of Paul Ryan as Mitt Romney’s companion on the Republican presidential ticket, it’s clear math will play a major role in the fall campaign. But who’s got the right math?

Romney’s bold pick of House Budget Chairman Paul Ryan as Vice President makes it clear the 2012 election is about the country's financial future, and with Ryan on the ticket, President Obama will be dragged kicking and screaming into the Medicare reform debate.

In a normal election year, Texas Lieutenant Governor David Dewhurst would have coasted to a Republican senatorial nomination victory.  But this is not a normal election year, and Texans are sending Washington a warning.

What dissenting governors—as well as many others—want is more flexibility to address the problems of the uninsured in creative ways.

In reaction to Gov. Rick Perry's declaration Monday that Texas should decline to expand Medicaid and leave creation of a health insurance exchange to the federal government, Dr. Merrill Matthews is quoted by Dallas Morning News reporter Robert Garrett that if enough states push back, maybe they can get the flexibility to try and actually fix the broken Medicaid system.