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Tony Robbins does Iowahawk on how to fund federal spending

If the government seized all the mansions in Beverly Hills, the cost of every Super Bowl ad and the salaries and winnings of every major league athlete, the wealth of the Forbes 400 and the global profits of the Fortune 500, how long would it finance federal spending? Blogger Iowahawk...

Posted by Michael Bates on March 30, 2012 6:11 PM

Tea Party Debt Commission hearing today, 1 pm Central (UPDATE: Report released; hearing forced out of the Capitol!)

See the update below about what happened shortly before the hearing was to begin. As the 12-member congressional debt commission flounders in its task to reduce the deficit by a trillion dollars, the Tea Party Debt Commission, a crowd-sourced, online initiative organized by FreedomWorks and Contract from America, has identified...

Posted by Michael Bates on November 17, 2011 9:59 AM

Coburn on US credit rating downgrade

Press release from Sen. Coburn's office this morning: U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement after Standard & Poor's downgraded the United States' AAA credit rating. "This announcement is probably long overdue. For decades, political careerism has trumped statesmanship in Washington. Both parties have done what is...

Posted by Michael Bates on August 6, 2011 8:15 AM

Sullivan on Boehner Plan plus Balanced Budget Amendment

After the Boehner plan (as it stood Thursday afternoon) failed to command enough votes to pass, the proposal was strengthened by adding back in to the bill a requirement that Congress pass a balanced budget amendment and send it to the states for ratification prior to any further increase in...

Posted by Michael Bates on July 30, 2011 3:03 PM

What would the Boehner Plan achieve?

Earlier today, I had the privilege of participating in a teleconference, along with a half-dozen other Tulsa area activists, with Oklahoma 1st District Congressman John Sullivan and Wisconsin Congressman Paul Ryan regarding House Speaker John Boehner's proposal (officially known as the Budget Control Act of 2011) for raising the debt...

Posted by Michael Bates on July 29, 2011 12:35 AM