Skip to main content

Robert Maguire's Library tagged budget   View Popular

21 Dec 09

The Cost Of Universal Coverage - The Daily Dish | By Andrew Sullivan

  • An interesting point from Krugman:

    Take the CBO estimate
    of the cost of subsidies and Medicaid expansion in the Senate bill —
    that is, ignoring all possible cost savings. It’s $179 billion in 2018.
    Take the CMS projection
    of total health care spending in 2018: it’s more than $4.5 trillion. So
    the direct cost of expanding coverage — the initial bump in the blue
    curve above — is less than 4 percent of total health care spending.
    That’s the amount by which, on the current trajectory, health spending
    rises every 7 months.

    And it's budgeted. Any Republican who voted for the unfunded Medicare Prescription Drug Entitlement has no logical standing to oppose this bill on fiscal grounds.

16 Dec 09

Omnibus Bill FY2010: State Gets 745 new positions, USAID 300 | Diplopundit

  • The conference agreement includes $8,227,000,000 for Diplomatic and Consular Programs (D&CP), which is $2,300,000 below the House and the same as the Senate. Within the total, $6,640,786,000 is for ongoing operations, including public diplomacy activities, and $1,586,214,000 is for Worldwide Security Protection.

  • Human Resources Initiative (HRI) .-The conference agreement does not include a provision specifying an amount for the HRI, as proposed by the Senate. Instead, the amount for the HRI is included in the table above.


    The conference agreement includes $344,190,000 and a projected 745 positions to enhance the diplomatic capacity and readiness of the Department of State.

  • 11 more annotations...
14 Dec 09

Senate Passes $1.1 Trillion Spending Measure : NPR

  • The Senate on Sunday passed a $1.1 trillion spending bill that will fund much of the federal government through next September.
  • More than half of the spending bill's trillion-dollar cost goes to government health care programs Medicare and Medicaid. The other roughly $450 billion is for everything from NASA and Amtrak, to public schools and highways.
  • 2 more annotations...
03 Dec 09

Matthew Yglesias » McCain Unveils Time Travel Strategy for Financing Afghanistan War

  • Senator John McCain (R-AZ), who suggested paying for the additional troops “…through a freeze on discretionary spending — specifically, holding 2009 appropriations at 2008 levels, which he said would generate $60 billion.”


    Someone needs to tell the senator that fiscal 2009 ended at midnight September 30, 2009, that is more than two months ago.

  • In an ideal world, someone at The Hill would have noticed that.
01 Dec 09

Matthew Yglesias » The War

  • I don’t think the kind of effort that as best I understand it we’re undertaking in Afghanistan meets any kind of plausible cost benefit test. At the same time, unlike conservatives who only invoke this principle opportunistically I do think it makes sense to pay attention to what military professionals have to say about operational aspects of defense policy.
  • I think the reaction to David Obey’s “war tax” idea is telling—nobody seems to really think there are national interests at stake that are critical enough to be worth paying slightly higher taxes for.
29 Nov 09

How dare you criticize wasteful defense spending! - Salon.com

    • The 2010 Pentagon budget means "every man, woman and child in the United States will spend more than $2,700 on (defense) programs and agencies next year," reports the Cato Institute. "By way of comparison, the average Japanese spends less than $330; the average German about $520; China's per capita spending is less than $100."
    • "(The Pentagon budget) dwarfs the combined defense budgets of U.S. allies and potential U.S. enemies alike," reports Hearst Newspapers.
    • "President (Obama) is on track to spend more on defense, in real dollars, than any other president has in one term of office since World War II," reports National Journal's Government Executive magazine.
    • In 2000, the Pentagon admitted it has lost -- yes, lost -- $2.3 trillion. In 2003, the San Francisco Chronicle reported that a subsequent Department of Defense study said it was only $1 trillion. To put such numbers in perspective, contemplate what those sums could finance. $1 trillion, for instance, could pay the total cost of universal healthcare for the long haul. $2.3 trillion would cover universal healthcare plus the bank bailout plus the stimulus package.
  • Sen. John McCain and Defense Secretary Donald Rumsfeld. After all, they’re the ones who issued those scathing statements about wasteful defense spending in the pop quiz above. That means they’re actually terrorist-appeasing lefties, right?
13 Nov 09

We Can't Cut Spending - Forbes.com

  • Direct presidential control over spending is extremely limited. By law, he must spend every dollar appropriated by Congress. And presidents have no control at all over three-fifths of the budget devoted to interest on the debt and entitlement programs--those like Medicare for which spending is automatic. Even Congress can't reduce spending for entitlements unless it changes the law governing eligibility and programmatic operations. In other words, Congress can't just appropriate less money to Medicare. It doesn't work that way.
  • Even if the president's party controls Congress by a wide margin--as is the case today--getting agreement even on popular measures, such as expanding health coverage, is very, very difficult, as we are seeing. One reason for this is that the Constitution gives the minority party influence disproportionate to its numbers in the Senate. Thus even though Republicans only have 40 seats, they have been very successful in blocking Obama's health care reform initiative.
  • 10 more annotations...
28 Oct 09

Washington Post Budget Editorial is So Wrong Because... | Capital Gains and Games

  • To paraphrase former Defense Secretary Donald Rumsfeld, you go to war with the economy you have rather than the one you would like.
  • But the fact that you go to war doesn’t mean that you can do what the Post recommends: Ignore the economic effect the additional federal spending and borrowing will have.
  • 5 more annotations...
22 Oct 09

The Daily Dish | By Andrew Sullivan

  • Climate
  • new paper (pdf)
  • 3 more annotations...
25 Aug 09

The Daily Dish | By Andrew Sullivan

  • This year's stimulus bill was 1,100 pages. The climate bill that the House passed in June was 1,200 pages. Bill Clinton's 1993 health care plan was famously 1,342 pages long. Budget bills can run even longer: In 2007, President Bush's ran to 1,482 pages.

The Washington Monthly

  • immigration-reform legislation along the lines of the proposal touted by George W. Bush and John McCain
  • Texas Gov. Rick Perry came on and Beck asked, 'Governor, you're regretting being on this program at this point, are you not, sir?' Perry responded, 'Not at all, Glenn Beck. I'm proud to be with you.'"
1 - 20 of 39 Next ›
Showing 20 items per page

Diigo is about better ways to research, share and collaborate on information. Learn more »

Join Diigo