Pax Americana Institute 7 Day Forecast

National Forecast

The Ryan Budget Proposal: Creating jobs, balancing the budget, reforming entitlements, and returning the United States to a sound fiscal footing.

Download: The Ryan Budget Proposal: Creating Jobs, balancing the budget, reforming entitlements, and returning the United States to a sound fiscal footing.

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Analysis: President Obama’s FY 2012 Budget Proposal

During his 2008 campaign, President Barack Obama pledged to make the eradication of out-of-control spending his foremost priority upon being elected.  But he has failed to follow through with this promise: his highly-anticipated 2012 budget, released this week, reneged on this pledge.  Even as the president made it a point to criticize the Wisconsin state [...]

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U.S. Senate to Consider Filibuster Reform

This week, the U.S. Senate will begin deliberation on a series of filibuster reform resolutions, largely precipitated by a six-fold increase in the total number of filibusters in the two previous legislative sessions. Liberals have directly caused this tremendous increase in filibusters and the inevitable breakdown in bipartisanship.  The Senate leadership, especially Senate Majority Leader [...]

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U.S. Congress to Challenge ObamaCare

A spirited political battle is set to ensue early next week as the U.S. House of Representatives prepares to repeal the controversial Patient Protection Affordability Care Act of 2010, herein referred to as ObamaCare.  This week, at the onset of the 112th Congress, the House of Representatives began debate on the merits of ObamaCare and [...]

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Will 2011 Be Known as the Year of Conservatism and Common Sense?

Will 2011 be the year that common sense replaces ideology and conservatism is honored?  Will conservatism and common sense return fiscal responsibility to the Federal government’s spending spree?  Will the deficit and national debt be addressed?  It can be argued that common sense tells us that you cannot, and should not, spend more money than [...]

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President Obama and Congressional Republicans Compromise on Tax Cuts

This week, President Barack Obama and Congressional Republicans reached a compromise on extension of the Bush-era tax cuts.  Under this compromise, the Bush-era tax cuts would be renewed in full for the next two years, and there will be a 13-month extension of unemployment benefits. Neither party is elated over the core provisions of the [...]

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The Bush Tax Cuts: Renewing Prosperity and Enhancing Economic Growth

The Bush tax cuts of 2001 and 2003 were instrumental in fostering the greatest economic expansion since the conclusion of the Second World War, in 1945.  On January 1, 2011, the Bush tax cuts are set to terminate. President Obama, his liberal allies, and the mainstream media have led the American people to believe that [...]

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$352 Billion in Net Tax Increases for 111th Congress

Americans for Tax Reform has released the final tab for the 111th Congress, and the conclusion is that it has been a bad two years for tax payers. The 111th Congress has enacted $352 billion net tax increases.  Most of the tax hikes were permanent and most of the tax cuts were temporary. There were [...]

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Midterm Elections Oust Three Key U.S. House Chairmen

Last Tuesday, the Republican Party gained an astounding 64 seats in the United States House of Representatives, which was the third-largest gain in the history of midterm elections.  In 1938, the Democratic Party, riding the coattails of Franklin Delano Roosevelt, gained 72 House seats, and in the 1894 election the Republican Party gained a whopping [...]

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The Effects of a Post-Rahm Emanuel White House

FORECAST HIGHLIGHTS: His familiarity with Obama, his penchant for policymaking, his fierce loyalty and liberal worldview create a combination that will make him a highly successful chief of staff. While it is too early to know how exactly Emanuel’s departure will affect the Obama presidency, one thing is clear; the president’s liberal base will be [...]

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