The federal government’s budget deficits are pushing the nation toward a fiscal meltdown, yet our leaders can’t seem to curb their zeal for infrastructure spending. President Obama has been pushing a $50 billion package for infrastructure and will likely include a similar plan in his upcoming budget. For their part, most Republicans eagerly pursue all the spending they can get for road, rail, airport, and dam projects in their districts.
If you want to cut federal spending, which has doubled under Presidents Bush and Obama, you need to eliminate some programs and agencies. At the Orange County Register – and thus on the World Wide Web – I offer some suggestions. Here are a few:
The Washington Times noted this week that the 2012 improper payment rate for unemployment insurance benefits was 11.4 percent ($10.3 billion out of $90.2 billion), according to U.S. Department of Labor data. The good news is that the figure is down from 12 percent in 2011. The bad news is that it’s still a pathetic waste of money.
It’s not quite on a par with 9/11 truthers or Obama birthers, but recently a number of liberal commentators have descended into the fever swamps of denialism by rejecting the most basic facts about our debt and deficit. Mind you, they are not arguing about the best policies to reduce the debt — taxe hikes vs. spending cuts — but actually denying that the problem exists at all.
The odds that $85 billion in “unthinkable, draconian” sequestration spending cuts will go into effect in March as scheduled are looking better. The odds must be getting better because, as if on cue, the horror stories have commenced.
Much to the horror of various interest groups, it appears that there will be a “sequester” on March 1.
Richmond Times-Dispatch columnist A. Barton Hinkle recently made what should be a simple point to understand, but it’s unfortunately one that few people seem to appreciate. Writing about the supposed win-win situation whereby states expand Medicaid coverage and the federal government foots most of the bill, Hinkle reminds readers that the “free” federal money isn’t really free:
Some good samaritans wanted to clean up some trash in a neighborhood near me in Northern Virginia, and they ran into a brick wall of bureaucracy. I happened to notice this write-up on a neighborhood blog.
It’s my job to advocate for spending cuts. It’s a job I’ve been doing in one form or another for over a decade. If I’ve ever experienced a victory, it must have been a pretty small one, because I can’t recall any. So why do I persist?
The Washington Post’s David Fahrenthold reports on a tiny federal program that House Republicans and even the Obama administration would like to terminate but that is seemingly invincible. The Christopher Columbus Fellowship Foundation, a grant program created in 1992, was supposed to pay for itself from the proceeds of coins honoring the 500thanniversary of Columbus’s landing in the new world.