On Monday, President Obama unveiled his $3.73 trillion budget for Fiscal Year 2012. The budget projects a record $1.65 trillion deficit for the coming year but vows to freeze discretionary spending and reduce the deficit to $627 billion by 2017. So what does this tell us about the president’s commitment to fiscal responsibility? How does the president plan to reduce the deficit over the next few years? Why doesn’t he address entitlements? And are Republicans in the House prepared to offer something better? We discuss it all with New Jersey Rep. Scott Garrett, vice chairman of the House Budget Committee.
Archives for February 14, 2011
Reason for Hope In Egypt
Israeli officials did not want to see Hosni Mubarak toppled from power in Egypt, but what are they thinking now that Mubarak is gone? Why is the temporary leadership in Egypt reassuring to Israel? How worried should we be about the stability of the government in Jordan? Will Arab nations seriously consider Col. Gadhafi’s call to bring all Palestinians to Israel’s borders? What does Israel want from the United States? And can we expect Israel to bolster its military even if the threat of attack is not imminent? We ask retired Israeli Brigadier General Elihu Ben-Onn.
Three Martini Lunch 2/14/11
Greg Corombos and National Review’s Jim Geraghty celebrate the Senate candidacy of Arizona Rep. Jeff Flake. They also try to figure out how President Obama plans to reduce the deficit by freezing spending at ridiculously high levels. And they yawn at the DNC’s latest message that Democrats want to move the nation forward while Republicans plan to take us backward.