Friday, August 17, 2012

Obama's And Paul Ryan's Conflicting Budget Visions by Michael D. Tanner

With his speech to news editors and executives this week, President Obama has made it clear that he plans to run a starkly ideological campaign, contrasting his vision for the future of the country with that of his Republican opponents. And, he plans to make the Republican budget, written by rising GOP star Rep. Paul Ryan of Wisconsin and embraced by presumptive Republican nominee Mitt Romney, exhibit one in that contrast. It would be worthwhile therefore to actually compare that budget with the one proposed by the president.
Deficits and Debt
The president's budget proposal would reduce future deficits — at least until 2018 — but would never achieve balance. By 2018, the president projects deficits to fall to only $575 billion. After that, they begin rising again, reaching $704 billion by 2022. Overall, the president's budget would add an additional $6.7 trillion to the national debt over the next 10 years.

Paul Ryan Gets Free Markets

Posted by Chris Edwards

Paul Ryan is an excellent choice as running mate for Mitt Romney. He understands federal spending and tax policies in enormous detail. He has said that he started reading federal budgets when he was in high school. He’s also read Global Tax Revolution, my book with Dan Mitchell about the implications of globalization and tax competition. He knows that the American economy will not thrive with high tax rates, especially on business income and capital. He shares Mitt Romney’s goal of chopping the corporate tax rate to revive investment and job creation.

What's Really in the Ryan Budget by Daniel J. Mitchell

Thanks to several years of fiscal restraint during the 1990s, the burden of federal spending dropped to 18.2% of gross domestic product by the time Bill Clinton left office. The federal budget today consumes more than 24% of economic output, a one-third increase since 2001 in the share of the U.S. economy allocated by politics rather than market forces. That makes the Republican House budget, which would reverse this trend, extremely important for the economic health of the country.
Both political parties deserve blame for the spending spree that's put America in a fiscal ditch. President George W. Bush was a big spender and President Obama has compounded the damage with his stimulus spending and other programs.

More Data on Libertarian Roots of Tea Party by David Kirby

Many analysts have argued that Romney's pick of Paul Ryan as his VP candidate is a sop to the tea party. And it may be. But I wonder if analysts appreciate exactly what part of the tea party.
Last week, Emily Ekins and I published a new Cato Institute study, "Libertarian Roots of Tea Party," along with an op-ed in Politico. We argue:
Many people on the left still dismiss the tea party as the same old religious right, but the evidence says they are wrong. The tea party has strong libertarian roots and is a functionally libertarian influence on the Republican Party.

MediScare Returns by Michael D. Tanner

Mitt Romney's naming of Rep. Paul Ryan as his running mate has moved the debate over Medicare reform back to the political forefront. As everyone in range of a TV knows by now, Ryan is the author of the "Ryan budget" that "ends Medicare as we know it."
According to New York Times columnist Paul Krugman, the plan "would kill people. No question." Democratic consultant Paul Begala calls it "deeply evil." Ryan's plan, warns Obama's campaign chairman, David Axlerod, would throw his 85-year-old, cancer-stricken father off Medicare.
If the Democrats are this hysterical already, what can we expect by Election Day? Ads showing Ryan throwing a wheelchair-bound grandmother off a cliff? Oh, wait ...

Paul Ryan: A Big-Government Conservative. by Tad DeHaven

Mitt Romney’s selection of Wisconsin Rep. Paul Ryan as his running mate has been well received by the Republican faithful. Movement conservatives in particular have been energized with the pick given that, unlike Romney, Ryan is actually one of them.
The enthusiasm from the Republican right is hardly surprising — these days a GOP candidate need only oppose a Democrat’s expansion of government-provided health care, promise to protect the military-industrial complex, and talk a good game about free markets to win their support. For libertarians and those in the tea party movement who yearn for a federal government that adheres to the limits prescribed in the Constitution, Ryan offers temptation but not much else.

MediScare Fail: Romney Leads in Florida

The media and Democrats gleefully greeted the announcement of Paul Ryan as Mitt Romney's running mate with dire predictions of doom for the GOP ticket. Ryan's plan to strengthen Medicare through reform was deemed "too radical" for much of the voting public, especially seniors. The pick, anonymous GOP "sources" fretted, would probably swing the critical state of Florida into Obama's column. It hasn't worked out that way.

Democrats' Plan A: Ryan Too Conservative; Plan B: Not Conservative Enough!


More than five days after Rep. Paul Ryan was announced as Gov. Mitt Romney's running mate, it is clear that Democrats--and their mainstream media friends--are losing the race to define him. First, they tried to describe him as too conservative: his budget plans were too bold, his pro-life positions too strong. That failed--even in Florida. So now it's on to Plan B: attempting to chip away at conservative enthusiasm for the Romney/Ryan ticket by digging for alleged past deviations from partisan orthodoxy--as they have done with Romney himself.

Another Afghan Police Attack Kills 2 US Troops

By KAY JOHNSON and AMIR SHAH
Associated Press
KABUL, Afghanistan
A newly recruited Afghan village policeman opened fire on his American allies on Friday, killing two U.S. service members minutes after they handed him his official weapon in an inauguration ceremony. It was the latest in a disturbing string of attacks by Afghan security forces on the international troops training them.

Romney Camp 'Discussing' Racial Slam with MSNBC Execs


The Mitt Romney campaign is privately addressing a racially-charged attack from MSNBC host Touré, sources say.

Speaking to Breitbart News, a Romney spokesperson stated, "We are discussing this matter with network executives at MSNBC."
Touré asserted Thursday on the panel discussion show "The Cycle" that Romney was trying to "other" President Obama based on his race. Highlighting Romney's use of the word "anger," Touré claimed, “[T]his is ‘niggerization.’ You are not one of us, you are like the scary black man who we’ve been trained to fear.”
Developing...

Romney Camp 'Discussing' Racial Slam with MSNBC Execs


The Mitt Romney campaign is privately addressing a racially-charged attack from MSNBC host Touré, sources say.

Speaking to Breitbart News, a Romney spokesperson stated, "We are discussing this matter with network executives at MSNBC."
Touré asserted Thursday on the panel discussion show "The Cycle" that Romney was trying to "other" President Obama based on his race. Highlighting Romney's use of the word "anger," Touré claimed, “[T]his is ‘niggerization.’ You are not one of us, you are like the scary black man who we’ve been trained to fear.”
Developing...

New Black Panthers to RNC: Our 'Feet Will Be On Your Motherf***ing Necks'

MSNBC's Touré: Romney Engaged in 'Niggerization' of Obama

MSNBC's Touré: Romney Engaged in 'Niggerization' of Obama


MSNBC’s Touré, a supposed racial expert who can spot racism in most inanimate objects, most Yiddish phrases, and all English words, has now declared that Mitt Romney is engaged in the “niggerization” of Barack Obama. What exactly did Romney do to earn this reprehensible slur? He said that Obama, whose campaign has already called Romney a racist, a sexist, a felon, and a murderer, should “take [his] campaign of division and anger and hate back to Chicago.”

Judicial Watch Sues Obama Admin For Amnesty Documents

Judicial Watch Sues Obama Admin For Amnesty Documents



Judicial Watch today sued the Department of Justice and the Department of Homeland Security for documents related to President Barack Obama’s “Deferred Action for Childhood Arrivals” executive order that allows young illegal immigrants who meet certain qualifications to get a two-year work permit and temporary amnesty. 

Romney/Ryan Camp Reports Impressive Fundraising, Support Since Ryan VP Pick

Romney/Ryan Camp Reports Impressive Fundraising, Support Since Ryan VP Pick


Almost one week ago, Mitt Romney announced his choice of Congressman Paul Ryan to join him on the presidential ticket.  The Romney/Ryan campaign is reporting great success among multiple platforms immediately following the Vice-presidential announcement.

Protesters Occupy Obama Campaign Headquarters, Issue Demands

Protesters Occupy Obama Campaign Headquarters, Issue Demands


In what appears to have been a coordinated action Thursday evening, Occupy protesters in Portland, Oregon and Oakland, California staged protests and have occupied the offices of Obama campaign headquarters in both locations.

Thursday, August 16, 2012

Rob Portman: The Regulatory Cliff Is Nearly as Steep as the Fiscal One

Rob Portman: The Regulatory Cliff Is Nearly as Steep as the Fiscal One

The president has postponed damaging rules until after the November election.

Americans are learning more about the "fiscal cliff" approaching at the beginning of next year, when tax rates for families and small businesses are set to spike and new taxes in President Obama's health-care spending law take effect. But unless there's real change in Washington, we're also headed for a steep "regulatory cliff" that could compound the damage.
After three years of bureaucratic excess, the Obama administration has been quietly postponing several multibillion-dollar regulations until after the November election. Those delayed rules, together with more than 130 unfinished mandates under the 2010 Dodd-Frank financial law, could significantly increase the regulatory drag on our economy in 2013.

Opinion: It's the Economy, Stupid

The Mediscare Boomerang

The Mediscare Boomerang

ObamaCare gives Republicans a chance to win the Medicare debate.

President Obama all but called Paul Ryan's Medicare reform un-American in 2011, and Democrats have since spent 16 months running their familiar Mediscare campaign. But all of a sudden liberals and their media bodyguards claim to be scandalized because Mitt Romney has the nerve to defend himself by describing Mr. Obama's own "Medicare cuts." How dare he?
The double standard is predictable, but the furor is also instructive. For the first time in memory, voters this year may have a choice between two very different philosophies about how Medicare ought to evolve. The political class is spitting nails because, thanks largely to ObamaCare, a reform agenda might finally get a fair hearing.

***

"You paid in to Medicare for years, every paycheck," the voiceover runs in a new Romney TV commercial. "Now, when you need it, Obama has cut $716 billion from Medicare. Why? To pay for ObamaCare. So now the money you paid for your guaranteed health care is going to a massive new government program that's not for you."

Related Video

WSJ Editorial Board Member Joe Rago says Mitt's new Medicare ad is exactly what Republicans need to do if they want to capture the White House. Photos: Associated Press
If this horror show sounds familiar, perhaps that's because the Romney ad is a variation on classic Democratic media buys not merely in the Tea Party era but the 2000s, the 1990s, the 1980s, the 1970s, if not to the very creation of Medicare in 1965. Any time Republicans so much as suggest that the entitlement state has a problem, and even if they don't, Mediscare becomes a main election theme.

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