Category Archives: budget
Spend Like No Tomorrow
Obama obliged Congress’s desire for extended vacation by delaying his request for an extended debt ceiling.
Looting the Lockbox
Republicans are said to have run up a blind alley since Boehner rejected the Senate version of the payroll tax cut. McConnell is still pushing hard for a 2 month extension of the cuts. After that, they can fight it out again – if Social Security isn’t broke yet. Where’s that lockbox?
Update: House Republicans cave.
Lockbox sighting?
Super Savers
Private Sector Doing Just Fine Until the Rape and Murder Begins
Unable to push Obama’s jobs bill though the Senate, Democrats shoved it through the chipper instead and hope to pass it piece by piece. Wednesday’s piece was money for the public sector. Harry Reid said this is important because “the private sector is doing just fine“. Joe Biden deflected heat from Harry’s howler by threatening murder and rape if we don’t pass this piece of… legislation right away.
Here are some job numbers since Dec 2007 from IBD: private sector – 5.4%, public sector at all levels – 1.75%, public sector federal level +2.29%. Also, Bloomberg reports the average federal salary in Washington, DC is $126,000.
