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 […]

By Bill Wilson — It is disheartening and sad to see the House Rules Committee block many amendments that would have trimmed billions of pork from the hurricane disaster relief bill that had nothing to do with Hurricane Sandy. That said, two amendments that did manage to get through the rules process offered by Representatives Mick Mulvaney and Rob Bishop merit passage. The Mulvaney amendment include $17 […]

By Bill Wilson — “There are only two options to deal with the debt limit: Congress can pay its bills or it can fail to act and put the nation into default.” That was how White House Press Secretary Jay Carney put it on Jan. 12 , urging House Republicans to give the Obama Administration another blank check — increasing the […]

By Bill Wilson — Gross Domestic Product (GDP) forecasts are coming in for the fourth quarter, and they are not good news for the economy — and foretell another hard year for the 22.4 million people struggling to find full-time work, and the 5 million who have […]

NRD Editor’s Note: This column was first published at Investors.com . By Bill Wilson — For much of its 236-year history, the federal government has accumulated new power by whittling away at the essential protections afforded to American citizens under the U.S. Constitution. In recent years this wholesale […]

By Bill Wilson — Will state and local governments add 220,000 jobs in 2013? That’s what chief economist at Moody’s Analytics Mark Zandi is suggesting in a recent report by Bloomberg News . “Their payrolls in the fourth quarter will be 220,000 larger than in the same period for 2012, he projects,” states […]

By Bill Wilson — Soon, the Obama Administration will be able to borrow money to refinance and expand the $16.4 trillion national debt without any permission from Congress. That is, if House Minority Leader Nancy Pelosi gets her way. On CBS’ Face the Nation on Jan. 6 , Pelosi said that if the debt ceiling […]