Another Look

Email To Friend | View All Editorials | Cartoons

Another Look

Here's where you can get another look at additional photos, cartoons, and other features found in the Issues & Insights section of Investor's Business Daily.

California Can't Close Deficit: Cue The Violins

By THE TAXPAYERS NETWORK | Wednesday, July 01, 2009 4:30 PM PT

Recent news that the federal government would not bail California out of its $24 billion deficit was greeted with a nationwide shrug. This may reflect an unwillingness of other Americans to support Golden State employees and welfare recipients in the manner to which they've become accustomed. Meanwhile, Gov. Arnold Schwarzenegger and other Republican leaders who are resisting tax hikes to close the budget gap seem to have a case that Californians are taxed enough.

Recent news that the federal government would not bail California out of its $24 billion deficit was greeted with a nationwide shrug. This may reflect an unwillingness of other Americans to support Golden State employees and welfare recipients in the manner to which they've become accustomed. Meanwhile, Gov. Arnold Schwarzenegger and other Republican leaders who are resisting tax hikes to close the budget gap seem to have a case that Californians are taxed enough.

Click to Enlarge

Republicans For Waxman-Markey

By HERITAGE FOUNDATION | Monday, June 29, 2009 4:30 PM PT

Highway To Hell

By CONGRESSIONAL BUDGET OFFICE | Friday, June 26, 2009 4:30 PM PT

As the old saying goes, the road to hell is paved with good intentions. And the road to America's fiscal future is paved with debt. Under the most likely fiscal scenario, a new report by the nonpartisan CBO shows an alarming expansion of public debt from less than 50% of GDP today to more than 180% of GDP in just 25 years — an unprecedented surge that could have a major negative impact on the growth of our economy.

As the old saying goes, the road to hell is paved with good intentions. And the road to America's fiscal future is paved with debt. Under the most likely fiscal scenario, a new report by the nonpartisan CBO shows an alarming expansion of public debt from less than 50% of GDP today to more than 180% of GDP in just 25 years — an unprecedented surge that could have a major negative impact on the growth of our economy.

Click to Enlarge