NEWS AND OPINION:
“Reverse the Curse.”
Yes, it sounds just like the title of a Nineteen Fifties horror film, maybe — however it occurs to be the primary title of a wide-ranging and useful new report from the House Budget Committee shared with Inside the Beltway.
A subtitle explains all of it: “The Plan to Restore Fiscal Responsibility, Economic Freedom, and Prosperity in America.” The analysis is 58 pages lengthy and displays the finer factors of the House price range decision (fiscal years 2024-2033).
“A public debt is a public curse. So said James Madison in a letter to Henry Lee in 1790. At the time, the new American government was struggling to pay off its $75 million debt to France, a country which had its own problems dealing with an increasingly violent revolution,” the report stated in an introduction.
“Today, our unprecedented, almost incomprehensible, $33 trillion national debt has eclipsed the size of our economy — the largest in the world. We have the highest debt-to-Gross Domestic Product (GDP) ratio since World War II — and we’re in a time of relative peace and prosperity,” it stated.
“According to the nonpartisan Congressional Budget Office, over the next decade our annual deficits will double, our interest payments will triple, and for every dollar we borrow, 50 cents will go just to paying interest on this debt,” the report stated.
The substantial findings of this report are candid, to say the least.
“Let’s be clear: both parties have contributed to this alarming financial predicament. This isn’t a Republican problem or a Democrat problem – it’s America’s problem, and it’s a mathematical reality that will require real leadership from both sides of the aisle before it’s too late,” the report stated.
The House Budget Committee is chaired by Rep. Jodey Arrington, Texas Republican. Find the committee and its huge assortment of analysis at Budget.home.gov.
BIDEN BIRTHDAY REMINDER
President Biden turns 81 on Monday. Brace for birthday protection within the information media that can probably embody intense evaluation in regards to the political implications of the event.
Mr. Biden’s supporters are certain to level out that the president is an octogenarian who has proved himself — or phrases to that impact — up to now yr. Some have already begun their protection.
“Is Biden too old to run again? We asked people born on his exact birthday. About half of Americans born in 1942 are still alive — and many of them describe busy lives that include work,” The Wall Street Journal wrote on Sept. 12.
The Democratic Congressional Campaign Committee, in the meantime, is getting ready Mr. Biden’s followers for the massive event. Here’s how the committee sees it.
“President Biden’s birthday is coming up — and we want to celebrate with our best supporters,” the group stated in a public message launched Thursday.
“President Biden has achieved so much during his first term, from securing historic action to combat climate change to investing in American infrastructure,” the emailed message stated.
IVY-COVERED HALLS
And now we current some info from the College Fix, a publication that addresses cultural and political developments on the nation’s school campuses. Here’s one report of notice:
“Nearly half of Harvard University freshmen don’t believe in God, according to survey results from the student newspaper. The Harvard Crimson recently released new results from its survey of the class of 2027. About half of freshmen completed the surveys,” wrote Matt Lamb, who’s affiliate editor of the publication.
The findings had been exact.
The Crimson survey additionally discovered that 24.6% of respondents stated they had been “agnostic” whereas 21.5% referred to as themselves “atheist.” A majority of freshmen recognized as both “not at all religious” or “not very religious.”
Meanwhile, one other 23% thought-about themselves “somewhat religious,” whereas solely 12% of respondents stated they had been “very religious,” with 2.5% figuring out as “extremely religious.”
There had been different findings.
“Incoming students also reported low levels of sexual activity and drug use. Nearly two-thirds, or 63.4% of respondents, said they had never had sex. For those who have had sex, 56.2% have had one sexual partner,” Mr. Lamb additionally reported.
“Freshmen also generally support free speech and academic freedom and are not entirely supportive of denaming buildings named after people who held views no longer considered correct today,” he stated.
WEEKEND REAL ESTATE
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POLL DU JOUR
• 65% of U.S adults say the U.S. authorities has not gone far sufficient in responding to the theft of U.S. mental property by Chinese firms.
• 62% say the U.S. has not gone far sufficient in responding to China’s surveillance of the U.S.
• 58% say the U.S. has not gone far sufficient in responding to China’s insurance policies on human rights.
• 52% say the U.S. has not gone far sufficient in responding to financial competitors with China.
• 49% say the U.S. has not gone far sufficient in responding to China’s function in international provide chains.
• 48% say the U.S. has not gone far sufficient in responding to China’s political affect in worldwide establishments.
• 42% say the U.S. has not gone far sufficient in responding to China’s territorial claims in Asia.
• 41% say the U.S. has not gone far sufficient in responding to China’s army energy.
SOURCE: A Chicago Council on Global Affairs survey of 1,622 U.S. adults carried out Sept. 7-18 and launched Monday.
• Follow Jennifer Harper on X @HarperBulletin, on Facebook at HarperUniverse.
