Free Republic

Warren Harding cut the federal budget 48% from 1920 to 1922 leading to a booming economy. When Harding started his budget cutting ,America was in depression. President Coolidge continued the fiscal prudence. Coolidge's 1928 budget was smaller than the 1922 budget , the year Harding died! Nine years in row of budget surpluses . No comment on any this from the "historically" challenged Paul Krugman.

President Obama is starting to feel pressure from his own party to tie spending cuts to a vote to raise the debt limit, even as the administration expresses confidence that Congress will ultimately raise the cap. The latest moderate Democrat to draw a line in the sand is Sen. Mark Pryor, D-Ark., who told members of a local political group Wednesday that he'll need to see a commitment to cut spending and overhaul the tax code in order to vote to raise the $14.3 trillion cap. The government is expected to reach that ceiling by mid-May. "What I've told anyone...

The politicians in Washington make little sense and Democratic politicians make even less sense. Budgeting is not rocket science. So listen up, Washington. You have a certain amount of revenue. That is all you can spend. If your solution to the problem is simply to increase revenue by raising taxes, you failed in your job. If you think any program you have is too important to face budget cuts, you failed in your job. Don’t talk to me about health care reform, just do your job and balance the budget. Don’t talk to me about fighting senseless wars in far-flung...