Acton Institute Powerblog Archives

Post Tagged 'budget'

March 30, 2011

Acton Commentary: Debt and the Birth Dearth

In today’s Acton Commentary, “Debt and the Birth Dearth,” I examine the interrelationship between demographics, economics, and morality, especially within the context of America’s current public debt crisis. I conclude by pointing to the spiritual nature of our “debts”: Jesus taught Christians to pray, “Forgive us our debts.” Continue Reading...
February 21, 2011

Finding Morality in the Federal Budget

Budget battles have heated up recently throughout the United States, and President Obama’s budget proposal has not been exempted from the intense discussion. The current proposal by the President pushes our national debt to $15.476 trillion or 102.6 percent of our GDP.  Continue Reading...
February 15, 2010

What Government Can’t Do

NJ Governor Chris Christie: “Today, we come to terms with the fact that we cannot spend money on everything we want.” Lord Acton: “There are many things the government can’t do – many good purposes it must renounce. Continue Reading...
May 23, 2007

Cutting budgets and taxes

Both of our major political parties have missed what seems so obvious. One says that we need more tax cuts to strengthen the economy. This is correct. The problem is that they are not willing to also make serious budget cuts. Continue Reading...
January 24, 2007

Negotiating entitlements

Last night the President spoke of “the challenge of entitlements” and said that “Social Security and Medicare and Medicaid are commitments of conscience — and so it is our duty to keep them permanently sound.” Continue Reading...
December 12, 2006

Passing on the Pork

As noted at WorldMagBlog (among many other places), the incoming Democratic majority in Congress is suspending the process of earmarking, at least temporarily. Rep. David Obey, D-Wis., and Sen. Robert Byrd, D-W.Va., Continue Reading...
September 20, 2006

The Fleecing of America

NBC Nightly News has long had a special feature titled, “The Fleecing of America,” which investigates various instances wasteful spending by government officials. To get a visual clue about the massive size and diversity of the federal budget, check out “Death and Taxes”, the 2007 edition, “a representational graph of the federal discretionary budget. Continue Reading...