TaxBytes

Wasting $850 billion is just fine with the Government Class, but claw back 5 percent of it and it’s a zombie apocalypse—of course, since the federal government funded first responder training for a zombie apocalypse, we should still be okay.

Embrace the sequester as the first meaningful restraint on federal spending in almost twenty years. In fact, let’s start planning the next one.

Unlike typical government meddling in prices, President Obama’s policies always seem designed to make prices higher.

Any politician who can’t stomach the sequester cuts—which aren’t nearly large enough to put us on a sustainable fiscal path—isn’t serious about restraining federal spending. Let the sequester happen.

A real, across-the-board federal spending freeze, exempting nothing, would balance the budget without tax increases and would equalize the sacrifice without pitting special interests against each other.

Using a legal loophole to violate the intent of Congress with a magic $1 trillion platinum coin would have far more dangerous results than anything resulting from the debt ceiling standoff.

If people believe that government is too big and spends too much money, why can’t we build political support for spending cuts?

Calls for higher taxes on the wealthy are not really about “fairness,” but rather are about who controls and directs capital in our economy—capitalists themselves or government elites?

Congress and the President have failed—utterly—to run a government that operates within a reasonable level that the American economy can afford to fund. When they talk about raising taxes, they are just trying to paper over their failures—with your money.

The election was an opportunity for the American people to pull back from the abyss formed by all of these “cliffs” we face. But instead of stepping back from the abyss, it appears that the American people have decided take a step closer, lean forward, and gaze into the abyss.