Tag: federal budget

On Government Debt and Inflation, Freeland Continues to Mislead

Commentary Recently, federal Finance Minister Chrystia Freeland commented on Canada’s inflation challenges and the federal budget. Unfortunately, many of these statements were misleading, with Freeland doubling down on the Trudeau government’s approach to fiscal policy. Responding to questions about the government’s approach to addressing inflation, Freeland repeated the claim that the latest federal budget was…


Back to a Balanced Federal Budget

Commentary The Republican Study Committee has done a great service by developing a serious proposal for getting to a federal balanced budget within seven years. You can read it yourself here. RSC Chairman Rep. Jim Banks of Indiana and RSC Budget and Spending Task Force Chairman Rep. Kevin Hern of Oklahoma led the effort which…


Senate Blocks Kentucky GOP Senator Rand Paul’s Resolution to Balance Federal Budget Within Five Years

U.S. Senate lawmakers on Wednesday voted against proposed legislation introduced by Senator Rand Paul (R-Ky.) that he said would have balanced the federal budget within five years. Lawmakers took to the Senate floor to vote on Paul’s “Six Penny Plan” federal budget plan but ultimately rejected the proposal with a vote of 67-to-29. In a statement…


Senate Blocks Sen. Rand Paul’s Resolution to Balance Federal Budget Within Five Years

U.S. Senate lawmakers on Wednesday voted against proposed legislation introduced by Senator Rand Paul (R-Ky.) that he said would have balanced the federal budget within five years. Lawmakers took to the Senate floor to vote on Paul’s “Six Penny Plan” federal budget plan but ultimately rejected the proposal with a vote of 67-to-29. In a statement…


Crapo Says Biden Funding Huge Boost to IRS Enforcement, Ignores Tax Agency Backlogs

President Joe Biden’s proposed 2023 budget for the Internal Revenue Service (IRS) funds more taxpayer audits when millions of tax returns sit unprocessed, and customers calling the agency for help face long delays, according to Sen. Mike Crapo (R-Idaho). “For the third filing season in a row, taxpayers confront vexing customer service challenges as they…


Advocates Celebrate PBS Listing of a Rare Breast Cancer Treatment in Federal Budget

The Breast Cancer Network Australia (BCNA) is celebrating the listing of Trodelvy, a treatment for a rare form of breast cancer on the Pharmaceutical Budget Listing (PBS) as part of the 2022/23 Federal Budget. “For the first time, this drug gives hope to many young women, extending their life expectancy and providing an opportunity to…


The State of the Union Is… Broke

Commentary To quote a screaming John McEnroe: You cannot be serious! Last week, the Biden administration requested another $30 billion for COVID relief programs. Yes, I know that these days, $30 billion is a rounding error in the $6 trillion federal budget. But isn’t that precisely the problem? But, as Joe would say: Come on, man!…


It Is Time to Balance the Federal Budget Again

Commentary The national debt has passed $30 trillion. It is clearly time to start talking about balancing the federal budget. The explosion of federal debt has been astonishing. In 1980, the national debt was $908 billion. Today, it is more than $30 trillion and growing. That is a more than 3,204 percent increase in 42…


Pennsylvania Democrats Aim to Strengthen Environmental Justice

Governor Tom Wolf and the Pennsylvania Legislative Black Caucus gathered this week to bolster environmental injustice causes, unveiling new orders for the Pennsylvania Office of Environmental Justice and calling for support of the federal budget reconciliation package. Environmental justice is defined as the fair treatment and meaningful involvement of all people regardless of race, color,…


It’s Time to Balance the Budget

Commentary Inflation has started to rise. The 5.4 percent increase in June is a disastrous beginning to a potentially devastating cycle. The fact that the standard of living dropped 1.7 percent for the average family in June is a disaster in human terms since the working poor and middle class will lose purchasing power while…