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Fiscal Responsibility


The Tea Party continues to remind Washington about fiscal responsibility

Join us as we celebrate the 4th Anniversary of the Tea Party with the 4Years4Liberty Money Bomb! In Washington, the debate over spending is always the same – talk without solutions. Since the foundation of the Tea Party almost four years ago, the politicians have no excuses. Tea Party activists around the nation have told Washington they need to support the dozens of ideas and plans that would significantly impact the federal deficit. Here are a few: The original Penny Plan Not raising the debt ceiling, which would force a balanced budget Plans from the Republican Study Committee, Heritage Foundation, and Senator Rand Paul (R-KY) that ...

Nelson Chairs Neglected Subcommittee on Fiscal Responsibility

By Zayida Baker Democrats chose Bill Nelson to lead the resurrected Subcommittee on Fiscal Responsibility. His commitment to the issue is questionable. Sen. Bill Nelson oversees one of government’s most basic duties as chairman of the Subcommittee on Fiscal Responsibility, housed in the Senate Finance Committee. The Finance Committee oversees all taxes, revenue and entitlements. Nelson also serves on the Budget Committee, which drafts the yearly federal budget and delimits congressional expenditures. Created in February, the Subcommittee on Fiscal Responsibility and Economic Growth had its only hearing on the fiscally paltry topic of ...

Leadership Fail: Fiscal Talks Collapse

On July 19, Tea Party Patriots offered the distinctly pessimistic view that Big Fiscal Deal (BFD) talks going on between some Republican Senators and the White House would fail. We were right: The White House and a group of Republican senators have reached an impasse on the deficit after months of private talks, a development that raises the prospects of a budget crisis in the fall. After a private meeting yielded no progress between eight senators and top White House officials, the two sides concluded it was time to break off discussions, officials said Thursday evening. With virtually no prospect for a bipartisan deal in the Senate, participa...

A happy, moral fiscal conservatism

Arthur Brooks, the President of the American Enterprise Institute, has spent the last couple of years pushing the moral case for capitalism. In a recent Wall Street Journal op-ed, Brooks effectively outlines how fiscal conservatives can make both a moral and happy case for our principles, as opposed to the stereotypical angry-sounding, coldly analytical arguments shown on TV and on the blogs. Conservatives are fighting a losing battle of moral arithmetic. They hand an argument with virtually 100% public support—care for the vulnerable—to progressives, and focus instead on materialistic concerns and minority moral viewpoints. The irony is ...

Small silver lining in fiscal cliff deal? Part of Obamacare was repealed

Since the fiscal cliff passed Congress and was signed by President Obama, Tea Party Patriots has pointed out the many flaws in the law. Between the lack of spending cuts, tax increases, and special interest tax benefits, as well as inclusion of unemployment benefits and the farm bill, the deal has been roundly criticized. However, there is one bit of good news in the law: it repeals the Community Living Assistance Services and Supports (CLASS) Act, one of the most egregious aspects of the Affordable Care Act. As explained at The Heritage Foundation’s blog: But the program was so poorly designed—much like the rest of Obamacare—that even the ...

Fiscal cliff debate shows Big Government supporters’ heads in the sand

 In the wreckage of the fiscal cliff debate, the Tea Party has been consistently bashed as unreasonable, crazy, myopically focused on deficit reduction, etc. This week, two publications provided yet more evidence that it is in fact the philosophical opponents of the Tea Party who are ideological and irrational.  First it was a New York Times’ editorial responding to the final fiscal cliff deal, basically standing against any and all budget cuts in the upcoming budget debates: Republicans say they are more determined than ever to extract the maximum amount of budget-cutting pain in the next two months by threatening not to raise the debt ceilin...

Principles and the Fiscal Cliff

Overspending has been the focus of the Tea Party from the beginning of the movement. Along the way we have refined our strategy and tactics, but principles of fiscal responsibility have always governed our positions.  The same cannot be said of some Washington-based activists. As Phil Klein of The Washington Examiner pointed out on New Year’s Day: What has been shocking, however, is that I’m seeing a number of conservative critics blasting the deal for increasing deficits by $4 trillion when about 92 percent of that projected increase comes from tax cuts that they support.…For decades, conservatives have been complaining — for good reason ...

Tea Party Fiscal Cliff Predictions Coming True: Government Threatens to Drag American Families over the Cliff

Today, Tea Party Patriots, the nation’s largest tea party organization, issued a statement on the continuing negotiations over the so-called “fiscal cliff” crisis. “We have predicted that a real solution to our overspending and fiscal irresponsibility wouldn't be sought, that instead both sides would posture and play games, and that tax rates would increase for some, if not all, and it sadly appears our predictions are coming to pass,” said Jenny Beth Martin, National Coordinator of the Tea Party Patriots.  “Government ‘leaders ‘ appear incapable of cutting government spending, even as the American people face economic peril.  We ...

The Administration isn’t serious about the fiscal cliff, Part II,

Earlier today, this blog published a post noting how unserious the Administration is about the fiscal cliff and fiscal responsibility in general, as evidenced by his entirely unserious first offer on the debt ceiling. This offer, which consisted of pitifully small cuts in the future for massive tax increases and the elimination of the debt ceiling now, was followed by the President taking off for a multi-week vacation. The President’s offer was made last week. Unfortunately, his surrogates continued to show how unserious the entire Administration is, through Treasury Secretary Geithner’s comments on ABC’s “This Week” and CNN’s “State ...