Budget and Deficit

Obama will continue to spend significantly more than what he’s already squandered in the hope of avoiding a $150 billion economic hit that will likely never happen anyway.

By excluding intergovernmental loans from its standard debt statements, the CBO is ignoring more than a quarter of total federal debt, allowing lawmakers to hide behind a debt burden that is much worse than it seems.

Obama has urged House Republicans to immediately pass his $3.7 billion special funding request. But before Republicans do anything, they should ask some serious questions.

Apparently it’s good to delay veterans’ health care, fabricate medical records, cover up the fraud and harass whistleblowers—because Congress is rewarding such behavior.

The most significant issue affected by Cantor’s loss is one that has become a symbol for the dispute between pro-business and pro-market conservatives, writes Tom Giovanetti in the Dallas Morning News. 

We’re long overdue to be talking about fundamental tax reform. Congressional leadership and President Obama should get on-board.

Is Defense Secretary Chuck Hagel telling the truth when he says spending cuts to the defense budget means popular programs will be eliminated? Who knows?

Presentation given by IPI President Tom Giovanetti at a gathering by the Denton County GOP in celebration of Lincoln-Reagan Day.

A "do nothing" Congress is probably a constitutional Congress.

President Obama's bogus promises are legendary, but perhaps you've forgotten his "sky is falling" forecast about the sequester. Tom Giovanetti points out the economy added about 1 million new jobs over the period during which the sequester was supposed to cost 750,000 jobs.