By Bill Wilson — A little discussed impact of sequestration, due to take effect on March 1, is the fact that after 2014, spending will increase every single year in both defense and non-defense categories, reports the Congressional Budget Office (CBO). In addition, there are real spending cuts, but they come nowhere […]

By Bill Wilson — It is convenient that just two days after the New York Times publishes an editorial calling for sequestration to be eliminated , the Obama Administration is dutifully responding with calls for it to again be delayed. The fact is, sequestration has already been delayed in the fiscal cliff deal, costing taxpayers $24 billion. No more delays. […]

By Bill Wilson — David Kemper, Chairman and CEO of Commerce Bancshares, had to be kidding. He couldn’t have possibly been serious, when in a BloombergBusinessweek opinion piece, “QE Cubed: A Modest Proposal for More Fed Buying. A Lot More,” he suggested that the Federal Reserve expand its balance sheet by $30 trillion. The proposal, if real, would entail […]

By Bill Wilson — To hear the White House tell it , the economy shrank in the fourth quarter by 0.1 percent solely because government spending was cut by $40.4 billion, largely in defense. To be fair, there is a degree of truth to that. If you factor out government spending as a component […]

By Bill Wilson — The next major budget battle in Washington, D.C. is the $85 billion of sequestration cuts to budgeting authority due to take effect on March 1. Originally agreed to in August 2011 in exchange for increasing the debt ceiling by $2.1 trillion, sequestration was supposed to have accounted for $109 billion of average, annual cuts . But […]

NRD Editor’s Note: This column first appeared at The Daily Caller . By Bill Wilson — Individuals enlisting in the U.S. Armed Forces must swear an oath to “support and defend the Constitution of the United States against all enemies, foreign and domestic.” But what happens when the only crime […]

By Bill Wilson — Sequester was originally supposed to be for $109 billion, but since then these cuts to budget authority have already been reduced to $85 billion during the fiscal cliff negotiations. They must not be reduced any further.  The House can attempt to find offsetting […]

By Bill Wilson — On Jan. 23, the House of Representatives overwhelmingly passed a measure suspending the $16.394 trillion debt ceiling until May 19, 2013 through passage of H.R. 325 . Ostensibly, the purpose is to buy the House time to address the $85 billion of sequestration cuts that […]

NRD Editor’s Note: This column originally appeared at The Washington Times . By Bill Wilson — “You never want a serious crisis to go to waste,” Chicago Mayor Rahm Emanuel once said. “It’s an opportunity to do things that you could not do before.” This, in a nutshell, represents government’s response to […]

By Bill Wilson — When will the liberal tail stop wagging the Republican dog? This is an absurd, unserious proposal by the House Ways and Means Committee , especially when other Republicans have been coming up with serious proposals to address our fiscal problems. On one hand, it is a foolish fraud wherein Republicans are pretending […]