By Robert Romano – A Congressional Budget Office (CBO) estimate released on July 26 states that the total cut for Fiscal Year 2012 in a now-dead House leadership plan to increase the $14.294 trillion debt ceiling would only amount to $1 billion. Americans for Limited Government Bill Wilson called the proposal “laughably pathetic,” noting that “after claiming $1.2 […]

Americans for Limited Government President Bill Wilson today reacted to a Congressional Budget Office estimate stating that the total cut for Fiscal Year 2012 in the House leadership debt ceiling increase plan would only amount to $1 billion: “It is laughably pathetic that after claiming $1.2 trillion […]

Boehner’s debt plan is in jeopardy in the House of Representatives. Republican Study Committee (RSC) Chairman Rep. Jim Jordan has come out against the plan . Rep. Jordan stated, “While I thank the Speaker for fighting for Republican principles, I cannot support the plan that was presented to House Republicans this afternoon.” Further, […]

To receive the Must Reads in your inbox,  click here ! Good Tuesday morning, Here are the  Must Reads according to  Adam Bitely : Barack “Don’t Call My Bluff” Obama $3 trillion is not $4 trillion Failure to raise the debt ceiling doesn’t mean default RSC Chairman Rep. Jim Jordan says ‘No Thanks’ to Boehner debt plan Cartoon of the day: “Obama’s Wrench In the Plans” Leadership default: Obama blames House Republicans for everything It’s clear that Obama has been the debt deal roadblock Virginia’s bogus surplus The coming autopocalypse LOL: Gingrich admits regret for 2008 climate change ad with Pelosi Wisconsin Governor Walker’s budget reforms saved union jobs Is success in politics tied to independence from the two major parties?

By William Warren – After listening to Obama’s address last night, it’s evident that he is the wrench in the debt ceiling plans.

By Robert Romano   – Can’t these guys count? Credit rating agencies Moody’s, S&P, and Fitch have explicitly warned that if Congress does not enact a fiscal consolidation plan totaling at least $4 trillion over the next ten years, the nation’s Triple-A credit rating will be downgraded. […]

By Adam Bitely – Virginia Governor Bob McDonnell is boasting another surplus for the Commonwealth of Virginia for the second straight year in a row. The amount of this year’s supposed surplus? $311 million. But before you jump to the conclusion that Governor McDonnell has […]

Rep. Jim Jordan (R-OH), Chairman of the Republican Study Committee, is calling for a rejection of Speaker Boehner’s proposed debt plan. Here is what Rep. Jordan had to say: “While I thank the Speaker for fighting for Republican principles, I cannot support the plan that […]

To receive the Must Reads in your inbox,  click here ! Good Monday morning, Here are the  Must Reads according to  Adam Bitely : Obama’s loaded debt ceiling gun Armageddon on or after August 2 not very likely Debt aspirations don’t match the situation Congress plows ahead without Obama on debt debate Obama isn’t serious about real spending cuts Obama’s lying demagoguery about social security Barone: For the GOP to have a mandate, they must win again New ACORN group joins SEIU’s economic terrorism against lenders, governments Obama campaign even more dependent on Wall Street cash this time around Population boon: More people means more prosperity

Satire by Victor Morawski – Hey, kids! Boy are those Republicans and Tea Party Conservatives gonna’ be in a tizzy when they hear this. For years they’ve been saying things like “In 2008 he ran on charisma and catchy slogans; in 2012 he’ll have to run […]