Archive for the ‘Budget Crisis’ Category

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Obama Administration Threatens to Veto Senate Republican Plan to Avoid Sequestration

Thursday, February 28th, 2013

Finger in the Dike --Legal InsurrectionA Finger in the Dike –Legal Insurrection

(AP) The Obama Administration threatened to veto a Senate Republican plan that would give President Obama more authority and flexibility to find $85 Billion in spending cuts this year–the measure was intended to replace the automatic spending cuts otherwise known as “Sequestration” that is scheduled to kick-in tomorrow.

The Obama Administration says it instead backs a Democratic measure to replace the cuts with more taxes on job creators.

Related: CBO: Democrats Sequester Bill Adds Billions to Deficit

Watergate Reporter Bob Woodward Blasts Obama on Sequestration

Posted in Barack Obama, Budget Crisis, Democrats, Economy, Obama Administration, Tax Hikes | No Comments »

CATO: Sequestration Will Not Make U.S. Less Safe

Wednesday, February 27th, 2013

The Truth About Sequestration --CATOSequestration Will Not Make the U.S. Less Safe –CATO At Liberty

Related: The Fairy Tale on Spending Cuts –CATO Institute

H/T: Townhall.com

Posted in Budget Crisis, Economy | No Comments »

Obama’s 2013 Tax Hikes, Twice as Large as Looming Sequestration

Tuesday, February 26th, 2013

Obama's 2013 Tax Increase Twice as Large as Sequestration --Heritage FoundationObama’s 2013 Tax Increases, Twice as High as Sequestration

Related: Democrats Complain about Debt Clock on Capitol Hill

U.S. Debt Clock

Posted in Barack Obama, Budget Crisis, Democrats, Economy, Tax Hikes | No Comments »

GAO: ObamaCare Will Add $6.2 Trillion to Long Term Deficit

Tuesday, February 26th, 2013

Obama Spending(Townhall) Well in a not so surprising report from the Government Accountability Office (GAO) today, it turns out that ObamaCare is estimated to add another $6.2 Trillion to the long-term deficit, the National Review reports.

Flashback: Remember when House Minority Leader Nancy Pelosi (D-CA)  claimed that ObamaCare will create 4 Million jobs and will reduce deficit spending by $1.3 Trillion over two decades.

Riiight….

Related: Don’t Like Sequester Cuts? Find Others –O.C. Register

Posted in Budget Crisis, Economy, Nancy Pelosi, ObamaCare | No Comments »

Obama’s Sob Story on Sequestration

Tuesday, February 26th, 2013

Obama's Sob Story on Sequester --Tea Party PatriotsObama’s Sob Story on Sequestration –Tea Party Patriots

Posted in Barack Obama, Budget Crisis | No Comments »

Calif Website Makes it Easier to Compare Wages, Overspending and the Worsening Budget Crisis

Monday, February 25th, 2013

California Avg Wages --OC RegisterGovernment Compensation in California Average Wages

(OC Register)  Comparing how your city, county or even your local sewage district pays its workers has just got a whole lot easier.

Through a website run by the California State Controller’s Office you can see how much workers have been paid and how much of that pay came in addition to their regular salary.

Progressives in California and at the national level, never stop telling us that we have a revenue problem–in reality like at the national level the problem is not revenues reports A View From the Ranch but with the massive overspending that takes place. Overspending on salaries of a bloated government on the excessive retirement and benefit payments that come from politicians ‘repaying’ their union supporters through overly generous collective bargaining agreements.

Since 2005 in California the compensation level of government employees has increased by more than 100%

California Very Generous Government Employee CompensationWhich helps to explain how California’s Predictable Budget Crisis Worsens and why its undoubtedly only a matter of time before the American taxpayers will be asked to bailout California and other states.

Related: Misery Index is About to Soar in California & U.S. -Cal Watchdog

Posted in Budget Crisis, California, Economy | No Comments »

CBO Gives Obamanomics an F

Saturday, February 23rd, 2013

Obama Grade FObama Gives Himself an Incomplete, Any Teacher Knows That’s an F –The Looking Spoon

(American Thinker) The Congressional Budget Office (CBO) issued its report yesterday to the sound of crickets from the Dinosaur Media.

Why would this report be ‘Liberal Kryptonite’ because we back on page 8 we learn the lasting legacy of Obama’s and Democrats ultimate spending spree in the name of recovery.

American Recovery and Investment Act of 2009 (AARA) long run effects, ‘AARA will reduce output slightly in the long run, CBO estimates–by between zero and 0.2% after 2016…AARA’s long run impact on the economy will stem primarily from the resulting increase in government debt.’

On the 26 October, 2012 I wrote here that average GDP growth less than half what Obama forecast–U.S. debt was then $16.2 Trillion+ (today $16.57 Trillion) and rising increasingly faster during Obama’s Watch.

Posted in Barack Obama, Budget Crisis, Democrats, Economy, MSM, Obama Administration | No Comments »

Obama on the Links with Tiger Woods Played his 115th Round of Golf Costing Taxpayers $989,207

Monday, February 18th, 2013

Obama Private Golf Outing With Tiger WoodsObama pictured during his 114th round of Golf in Stuart, FL

White House Aide Boarding Air Force One with Golfing EquipmentObama Aide Carries the Golfing Equipment of Eric Whitaker, Obama’s long-time friend aboard Air Force One

Obama's Aide with Golfing EquipmentObama Aide heaves “Bags of Fun” aboard Air Force One after the boys of leisure exclusive $989,207 Florida golfing weekend –Images: Daily Mail

The national debt is $16.5+Trillion don’t worry though, President Obama’s working hard on the problem golfing with Tiger Woods. Republican Girl Probs@Twitter

Obama’s 115th Round of Golf & Tiger Woods -White House Dossier

Posted in Barack Obama, Budget Crisis, Obama Administration | No Comments »

Nancy Pelosi: “We’ve Had Plenty Of Spending Cuts”

Monday, February 18th, 2013

Pelosi on Govt Spending --Rep Jeff DuncanHouse Minority Leader Nancy Pelosi (D-CA) “The fact is we’ve had plenty of spending cuts.”

Related: Obama’s Budget to Add $4.4 Trillion in Debt by 2016

House Budget Committee Chair Paul Ryan: Obama Delusional on Debt

Image: Congressman Jeff Duncan (R-SC) –Facebook

Posted in Barack Obama, Budget Crisis, California, Economy, Nancy Pelosi | No Comments »

USDA ‘Cultural Sensitivity Training’ Instructed Employees to Call Pilgrims Illegal Aliens

Friday, February 15th, 2013

Thanksgiving BlessingThanksgiving for the Goodness of America –Image: Catholic Online

(Daily Caller) Footage of the United States Dept of Agriculture (USDA) compulsory “Cultural Sensitivity Training” program reveals USDA employees being instructed to refer to the Pilgrims as “illegal aliens” at huge taxpayers expense.

Unseen video clips were made public on Thursday by Judicial Watch requiring USDA employees to bang on tables and chant in unison to learn the proper politically correct thinking about diversity and minorities or as overpaid diversity instructor Samuel Betances called them “emerging majorities.”

Between requiring USDA employees to repeat that “every federal agency has discriminated against African-Americans, Hispanics, Native Americans, Indians and other groups,” Betances encouraged the employees to take note because the presentation is “a huge expense.” 

In 2011 and 2012 the USDA paid Betances and his company nearly $200,000 for their part in the “cultural transformation” program.

As reported by FOX News in October, Judicial Watch first broke the news of the USDA compulsory sensitivity training program based upon information it obtained in response to a FOIA request–that request was prompted by a tip provided to the organization by a USDA whistleblower.

H/T: Townhall.com

Posted in Barack Obama, Budget Crisis, Obama Administration, Thanksgiving | No Comments »

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