Word: fiscal
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Bachmann, Rep. Michele •observation by that Obama has engaged in an "orgy" of fiscal irresponsibility and "the government spent its wad" prematurely...
...seems to deny that many Republicans abandoned their principles - especially fiscal responsibility - while in power, but even some across-the-board conservatives see enforced homogeneity as a sure path to oblivion. "Chick-fil-A can get fabulously wealthy with a 20% market share," scoffs Mississippi Governor Haley Barbour, President Ronald Reagan's political director. "In our business, you need 50% plus one." It's probably true that since 200,000 Pennsylvania Republicans have switched parties, Specter followed them to save his own political skin, but it's hard to see how the mass exodus bodes well...
...Sanford was once a lonely voice for fiscal restraint in Congress, one of the few Republican revolutionaries of 1994 who kept faith with the Contract with America. Back then, his bumper stickers said "Deficit" with a Ghostbusters-style slash through it, and his apocalyptic speeches chronicled how debt had destroyed great civilizations like the Byzantine Empire. I watched him give an updated version at a tea-party rally in Columbia, S.C., on April 15 as the crowd screamed about Obama's tyranny and waved signs like "Keep the Government Out of Our Health Care" and "USA 1776-2009, RIP." Sanford...
...Reagan era is over. "Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts," he said. "The people's desires have changed, but we're still stuck in our old issue set." Snowe recalls that when she proposed fiscally conservative "triggers" to limit Bush's tax cuts in case of deficits, she was attacked by fellow Republicans. "I don't know when willy-nilly tax cuts became the essence of who we are," she says. "To the average American who's struggling, we're in some other stratosphere...
...reduce demand for U.S. Treasuries and shaft future generations. They don't seem so worried about an imminent depression, which would explode deficits in addition to the shorter-term pain, and their newfound fear of borrowing has not cooled their ardor for budget-busting tax cuts. "They talk about fiscal restraint, but they've got an atrocious record, and they've still got atrocious plans," says Robert Bixby, executive director of the nonpartisan Concord Coalition...