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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Dec. 9, 2011 / 13 Kislev, 5772

$687 billion is available to Congress free of strings

By Deroy Murdock




http://www.JewishWorldReview.com | Only in Washington could nearly $700 billion fester as Congress scrambles for cash.

Earth to the congressional leadership: Precisely $687 billion are in federal coffers, officially "unobligated" and, thus, available. Nonetheless, Democrats and Republicans are clobbering each other over how to finance a $185 billion, one-year extension of the payroll-tax holiday, to help Americans survive today's economic unpleasantness.

Predictably, Democrats hope to use this occasion to slap a 10-year, 1.9 percent surtax on those who earn at least $1 million. This would amplify their new battle cry: "Class war!"

Surprisingly, Republicans have proposed to raise Medicare premiums for prosperous seniors. Affluence testing of entitlements is long overdue. But without preparing the public, especially seniors, for this wise move, the GOP will bare itself to a brand-new round of left-wing lies. e.g. "Nothing gives Republicans more intense pleasure than starving Granny and shoving Gramps down the nearest storm drain."

Meanwhile, tax hikes are dumber than usual today, as the economy suffers nagging chest pains.

Instead, congressional leaders should visit budget.gov, the Office of Management and Budget's website, and inspect a document sizzlingly titled "Balances of Budget Authority -- Budget of the U.S. Government: Fiscal Year 2012."

Chart 2 lets this enormous cat out of the federal bag: "Unobligated balances available for future obligation are projected to total $687 billion at the end of fiscal year 2012." Translating from Washingtonian to English, $687 billion in unspent money is accessible for other purposes.

Impossible, yet true: barely a fortnight after the vaunted supercommittee performed its Olympic-class belly flop by failing to cut $1.2 trillion from the $45 trillion that Washington anticipates spending through 2022, Congress now struggles to find $185 billion to extend the payroll-tax cut. These legislators seem almost universally unaware that $687 billion just sits there.

Like money in a checking account that waits in vain for checks to pay, previous congresses authorized these funds, but they were not fully spent. Imagine that Congress in 2002 approved $10 billion to purchase wheelchairs for Vietnam veterans. After every eligible vet received a wheelchair, only $7 billion had been expended. The $3 billion balance then...slowly...gathers...dust.

Non-hypothetical forgotten funds lie neglected at departments and agencies all over Washington, D.C. At the Agriculture Department: $13.7 billion. Defense (military programs): $77.8 billion. Education: $19.1 billion. Housing and Urban Development: $23.8 billion. Labor: $18 billion. Treasury: $225 billion. International assistance: $45 billion. Other independent agencies: $70.1 billion.

These figures, by the way, are not courtesy of the limited-government stalwarts at the Cato Institute nor the Reason Foundation. They come directly from the OMB -- President Barack Obama's fiscal experts at the White House.

Congress should harness the moldy cash in these accounts. A payroll tax cut could assist Americans eager for even a scintilla of financial mercy. Using forgotten funds would enable this without steering payroll-tax revenue away from Social Security, which would speed that entitlement's rendezvous with a cliff. Some of this money could help cut the 35 percent corporate tax (the developed world's second highest after Japan's) and, thus, defibrillate America's flat-lined economy. The balance should finance debt reduction, so Americans might resemble our Scottish ancestors rather than our Greek contemporaries.

Freshman Rep. David Schweikert's Forgotten Funds Act would accomplish some of these things. His legislation notwithstanding, Schweikert has watched nearly $700 billion languish, like a pile of gold bars in the Capitol Rotunda that garners hardly a glance.

"Commonsense offsets need to play a key part in this discussion, to avoid a continued raid on Social Security," the Arizona Republican told me. "With nearly $700 billion locked up and out of use, releasing these forgotten funds would be a key step to protecting taxpayers."

Congress seems collectively incapable of crossing the street. Why not end 2011 by taking $687 billion in forgotten funds to slice spending, slash personal and business taxes, and stash cash against the national debt? Congress should impress voters as leaders, not losers.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Deroy Murdock is a columnist with Scripps Howard News Service and a media fellow with the Hoover Institution on War, Revolution and Peace at Stanford University.



Previously:

12/02/11: Obama criticizes Wall Street but takes money from it

11/18/11: Puerto Rico shows Washington the way

11/11/11: Take heed, America: In Ohio even left-wing unionists voted to repeal ObamaCare

10/28/11: Thanks, Netanyahu, for surge of hardened terrorists

10/24/11:The Obama Spend-O-Rama

10/17/11: Cain stakes his viable claim just by showing up

10/07/11: Green jobs are national scandal

10/04/11: Obama proudly declares class war

09/23/11: Obama wrong about ‘Do-Nothing’ Congress

09/16/11: Obama needs Ryan's vision on jobs

09/09/11: Reaganomics trounces Obamanomics

09/02/11: Labor leaders to Obama: Stop killing jobs

08/26/11: Pro-market Perry vaults over Romney in GOP race

08/19/11: Some rich Americans will not rest until Washington boosts their taxes

08/12/11: Hope, change and free birth control for all

08/05/11: Debt deal does virtually nothing

07/21/11: Dems pro-choice on abortion but little else

07/15/11: Debt deception: If only Dems were honest and GOPers were courageous

07/08/11: Congress' war on light bulb blows up





© 2011, SCRIPPS HOWARD NEWS SERVICE

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