Pete Domenici

Our Budgets, Our Selves
February 13, 2012

President Obama is catching some grief, because the budget proposal he released on Monday predicts that the deficit will be more than $1 trillion next year. That’s represents a large number, whether you measure it in dollars or as a proportion of the nation’s wealth. It also represents a broken promise, since Obama, after taking office, had promised to cut the deficit in half by the time this first term was over. He’s not going to meet that goal. Personally, I think it’s hard to fault Obama for that failure, although I’m not sure it was so wise to make the promise in the first place.

This Deal Isn't Sounding So 'Balanced'
July 06, 2011

President Obama on Tuesday reiterated his insistence that Republicans agree to a “balanced” deficit reduction package that includes both spending cuts and new taxes. It was good to hear Obama make that argument again and, better still, to hear him make it so emphatically. But what exactly does he mean? Recent reports suggest that the administration would agree to a deal including about $2 trillion in reduced spending and about $400 billion in increased revenue.

Domenici And Rivlin Try To Sneak Some Spinach Onto The GOP's Plate
May 16, 2011

Pete Domenici and Alice Rivlin propose a mechanism to enact automatic, across-the-board deficit savings if Congress fails to meet deficit reduction targets: [W]e have developed a mechanism called Save as You Go, or “Save-go,” patterned after the Budget Enforcement Act of 1990, which contained spending caps and pay-as-you-go (“Pay-go”) requirements.

No Love For Mandates
June 17, 2007

At the moment, Democrats are struggling to get a renewable energy mandate passed in the Senate. The National Review has decided this is a bad idea because, well, a press release from Pete Domenici's office told them so: Senate Democrats are also pushing a measure that would require utilities to generate 15 percent of their power using solar, wind, and other renewable energy sources by 2020. The chief opponent of this provision, Sen.

No Love For Mandates
April 27, 2007

At the moment, Democrats are struggling to get a renewable energy mandate passed in the Senate. The National Review has decided this is a bad idea because, well, a press release from Pete Domenici's office told them so: Senate Democrats are also pushing a measure that would require utilities to generate 15 percent of their power using solar, wind, and other renewable energy sources by 2020. The chief opponent of this provision, Sen.