President Obama has never released a “fiscally responsible” budget.
budget
A Big Ideas Campaign, With Few Specifics On a Key Issue
Miami, Fla.
Since picking Paul Ryan as his running mate, Mitt Romney has pledged repeatedly to wage a campaign of ideas. But the specifics have so far been hard to come by.
What the Ryan Pick Means for Religion and the Romney Campaign
When Mitt Romney named Paul Ryan as his running made on Saturday, he clearly differentiated his fiscal policy from that of President Obama — but his choice of Ryan also said something important about how the candidate views the …
The Ryan Budget: A Primer on What’s Now the Hottest Topic in 2012
To anyone who ever complained that politics wasn’t substantive, buckle up: the 2012 Presidential campaign just became a debate about that most substantive of all issues, the federal budget. The signature issue of Mitt Romney’s …
Political Pictures of the Week, Feb. 11-17
TIME’s photo editors bring you the best pictures of the past week from the Beltway and beyond.
The Proposed 2013 Defense Budget: ‘Shaving the Balloon’
The Obama Administration came to a fork in the road this year on military spending: given the financial pressures facing the nation, it could have fundamentally set U.S. defense policy on a new path. Or it could have kept pretty much everything and just sucked it in as it tightened its belt. It has elected to do the latter, and that’s …
White House Budget as Political Manifesto: Obama’s $3.8 Trillion Plan for American Revival
With a divided Congress still standing at the other end of Pennsylvania Avenue, the annual White House budget isn’t a policy proposal destined for markup in the subcommittee rooms of the Capitol. It’s a statement of principle.
Paul Ryan’s Sisyphean Task Selling Medicare Reform
Hoping to take the sting out of his proposal to radically change Medicare, Paul Ryan released a video Wednesday morning explaining his plan with the help of some visual aids. Ryan is in desperate need of new messaging after a Democrat prevailed in special election to represent New York’s 26th district. The election was largely a …
Q&A: Paul Ryan on His “Path to Prosperity”
TIME’s Jay Newton-Small talked to House Republican Budget Committee Chairman Paul Ryan in his Longworth office Tuesday about his 2012 budget, an ambitious package that includes drastic changes to Medicare and Medicaid, new tax reforms and deep spending cuts. A lightly edited transcript of the conversation follows:
TIME: How does your …
The Trouble With Budget Debates: The Numbers Don’t Hold Up
Since Barack Obama arrived in office, he has predicted a return to stable deficits in the out years, the sort of message that lawmakers, creditors and the American people like to here. But there is problem: Obama’s projections have consistently been too rosy. So each year, his bean counters must readjust the projections. They keep the …
The Story Behind More Bad Headlines About the Cost of Health Reform
On Tuesday, we got word that the ten-year cost of the new health reform law may be more than the $938 billion that was reported when the bill became law. In a letter released yesterday afternoon, the Congressional Budget Office said $115 billion more in discretionary spending could be spent to fully implement the law. This is not pocket …
In The Spotlight, Paul Ryan Faces A Purity Test
It’s been a good couple weeks for Rep. Paul Ryan, the rising Republican star from Wisconsin, as his name is increasingly becoming synonymous with actual Republican policy. Obama called Ryan’s budget plan a “serious proposal,” while Ezra Klein calls it a “radical document.” (As Joe notes below, Ryan’s rising star has been targeted by …
