centermovement.org

President Obama submitted a budget earlier this year that includes soaring debt and deficits that even White House Director of Management and Budget Peter Orszag admitted are “unsustainable.”   Perhaps not wanting to showcase an equally irresponsible budget, Congress is not ...Read more

“Budget?  We don’t need no stinking budget.” That is what Congressional Democrats seem to be saying, kind of like the classic line from The Treasure of the Sierra Madre (“Badges?  I don’t have to show you no stinking badges!”).  Until ...Read more

FDR Signing Social Security Act August 14, 1935

Government deficits and debt have reached alarming levels today, and the unfunded liabilities of tomorrow are even more staggering.  The key to attaining fiscal sobriety is entitlement reform, and Social Security is as good ...Read more

President Obama is expected to announce today a $3.8 trillion budget with a $1.2 trillion deficit for FY2011.  Here’s the context within which he will reveal his plan.  For decades now, the federal debt acquired through years and years of ...Read more

Last week, President Obama called for a second “one-time” payment of $250 to each of more than 50 million seniors receiving Social Security benefits. Some 7 million recipients of other government entitlements — veterans, the disabled, and retirees ...Read more