Posts tagged "spending"

Congress: A year late and $1,052,062,224,099 short

You recall the idiom, “A day late and a dollar short,”  don’t you? Well, Congress is a year late and $1.05 trillion short. As it has become its habit, Congress this fiscal year failed to pass a budget well before the new fiscal year starts on Oct. 1. A fiscal year-end report by the Committee... Read more »

Quinn: "Liquidate" tobacco settlement fund

Remember the “tobacco settlement,” in which the cigaret companies agreed to pay billions and billions of dollars to the states in order to wage campaigns against smoking?  Illinois apparently has a pile of money left from that settlement sitting around, waiting to be spent on that campaign.  Now, Illinois Statehouse News reports that Gov. Pat... Read more »

Paying down our national debt

Here is a simple, clear way of reducing our crushing federal debt: Our suggestion for starting to deal with the deficits and debt at both national and state levels is our modest 5 + 10 + 15 = -5% program which simply means a 5% reduction in entitlement payments plus a 10% reduction in government... Read more »
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NeoCon news and opinion

Because folks defined me a neoconservative before I knew what it was, I might as well make the most of it. Here’s today’s NeoCon News and Opinion briefing:  Three reasons why the high-speed rail lines linking Chicago and other cities won’t work. Congress still spending money it doesn’t have. The big jobs bill would cost about... Read more »

Obama Shatters Spending Record for First-Year Presidents

Second place is not even close. Details are here. http://www.foxnews.com/politics/2009/11/24/obama-shatters-spending-record-year-presidents/
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    Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

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