Downsizing Blog
The Deficit is Still Bad News
To listen to much of the mainstream media recently, one would assume that the battle against the national debt has been won.
Social Security Falls Even Deeper into a Sinkhole
The 2013 Social Security Trustees’ report, released last week, is proof positive that you really can make numbers say whatever you want. By highlighting one set of “asset reserves” that showed some growth, the report gives ammunition to those who would rather not deal with the fact that the program is on a path to disaster.
Just Put Ernie in Charge of the Next Farm Bill
Yesterday, the U.S. Senate passed a farm bill with a projected price tag of $955 billion over ten years. As my colleague Sallie James explains, neither the Senate farm bill nor the House version offer up much in the way of real “reform.” And as Chris Edwards notes, both the Senate and House versions would spend more than the previous farm bill.
The Federal Government’s “Rural” Industrial Complex
David Fahrenthold has another excellent article on waste in government in Sunday’s Washington Post. This time he finds a truly comic example of waste, duplication, and confusion:
How an ObamaCare Slush Fund Pays For Nanny-State Lobbying
Did you know that the Affordable Care Act creates an enormous, multi-billion-dollar slush fund — in the out years, it will raise $2 billion a year in perpetuity — for the federal government to spend on more or less anything that might “improve health and help restrain the rate of growth” of health-care costs? That the spending can bypass the Congressional appropriations process, and is rife with expenditures for the purposes of lobbying government itself, which is supposed to be an unlawful use of federal funds?
The Pentagon as a Jobs Program, Part 3
A couple of months ago, I cited the example of upgraded Abrams tanks being shoved down the Pentagon’s throat by certain members of Congress because tank production = jobs back in the district. I followed that up with some historical background on congressional Pentagon pork-barreling that is discussed in former Reagan budget director David Stockman’s new book. Yesterday, a Wall Street Journal article on congressional resistance to reprioritizing military spending provided a new example:
And the Award for Most Hypocritical Performance by a Member of Congress Goes To…
During the House Agriculture Committee’s debate over a new farm bill, Tennessee Republican Stephen Fincher cited 2 Thessalonians 3:10 in defending relatively small cuts in food stamps after Rep. Juan Vargas’s (D-CA) cited Jesus’s call to feed the hungry:
Five Reasons to Repeal Farm Subsidies
Cato held a packed forum on Capitol Hill yesterday examining major farm legislation that is moving through Congress. Our panelists included Andrew Moylan of R Street, Josh Sewell of Taxpayers for Common Sense, and Scott Faber of the Environmental Working Group.
Food Stamps and the House Farm Bill
Debate on the House Agriculture Committee’s version of the next farm bill will begin in the Republican-controlled chamber in June. One of the most contentious issues will be spending on the Supplemental Nutrition Assistance Program (SNAP, a.k.a, food stamps). The House Ag bill would cut SNAP spending by $20.5 billion over 10 years versus the Congressional Budget Office’s baseline. That’s too much for Democrats and it might be too little for conservative Republicans.
Should Murderers and Rapists Get Food Stamps?
Last week, the Senate accepted by unanimous consent an amendment to the pending farm bill that would ban convicted murderers, rapists, and pedophiles from receiving Supplemental Nutrition Assistance Program benefits (a.k.a. food stamps). Introduced by Louisiana Republican David Vitter, the amendment has received condemnation from the left and at least one round of applause on the right.