Imagine, if you will, what would have happened if those rotten, Tea Party Republicans didn’t take over the House in 2010. Why, President Obama would have had the chance to continue on his disastrous economic path with no brakes whatsoever. He and his comrades had already spent nearly a trillion dollars in stimulus (plus...
Your share of the national debt has increased by about $13,000 since the last bipartisan spending deal cut in Washington. It was just over a year ago. Since that March 4, 2011 bipartisan continuing resolution, the federal government has been funded by a series of bipartisan deals cut between the White House and congressional...
It’s not every day that you hear about a politician say that a conversation with another politician took his breath away. But that’s what Speaker John Boehner said after talking to President Obama about the debt ceiling. While I understand the sentiment, I don’t understand why the insolence of our Dear Leader was so...
Senator Rand Paul (R-KY) took to the Senate floor to talk about the national debt, and his solution, which hardly anyone voted for. Cowards. This is why I like Senator Paul. “We’ve got infinity from their side. We’ve got five years from our side.” “How do we compromise if the other side doesn’t come...
MSNBC is ridiculous. Mitt Romney made a campaign appearance in Florida today and rolled out the National Debt Clock to show the dangerous path this country is traveling on. Mitt Romney had nothing to do with the nearly $16 trillion in national debt, but he did acknowledge that many Republicans did. So, how did...
Senate Democrats are shameless and disgusting. All they do is sit around dreaming up ways to make Republicans look bad. They had another chance to pass a budget, and again they failed. The Senate voted on five budgets today, at the insistence of Republican senators. The result was revealing: no Senate Democrat voted in...
President Obama is gearing up for yet another debt ceiling debacle; and his solution is to raise taxes on the rich, even though he knows there aren’t enough wealthy people in America to cover the budget deficit, let alone pay off the debt we already have. If he really wanted to do something about...
The Hill reports that Speaker John Boehner and others met with President Obama today to discuss some of Obama’s expensive economic proposals as well as the Debt Ceiling Fiasco Part II. President Obama brought hoagies and his typical bad attitude. According to Speaker Boehner, Obama has no intention of cutting spending in return for...
President Obama sure has broken a lot of promises. CrossRoads GPS put out a new ad reminding voters just how many promises he’s broken. He promised that if we liked our health insurance we could keep it. Turns out that’s not true. He promised to cut the deficit in half in his first term....
Mitt Romney delivered a speech in Iowa today that was spot-on. This is a speech President Obama probably doesn’t want you to hear. Romney called the national debt crisis a “prairie fire of debt” and said that President Obama has been feeding the fire. You can watch the entire speech on CSPAN, and read...
Did you hear there’s been a run on banks in Greece? According to CNBC, US stocks slid today because of the turmoil in Europe. According to a transcript, Greek depositors recently withdrew 700 million euros from the nation’s local banks, said President Karolos Papoulias, though the exact timing of the transfer was unclear. I think people...
The Heritage Foundation has put together a great set of charts – The Federal Budget in Pictures. I’m sure I’ll be referring to them often, but this one caught my eye. The median income for American families is $51,360 per year. If a family with that income spent money like the federal government, it...
Who can forget when then-candidate Obama met up with Joe the Plumber on the campaign trail and said “We want to spread the wealth around?” Instead of wondering what Obama meant by that statement, the media went on the attack against Joe the Plumber (who is now running for Congress) and moved along. But...
President Obama claims his proposed budget will reduce the deficit by over $3 trillion in ten years. The Congressional Budget Office disagrees, estimating that his budget will actually increase deficits by $3.5 trillion. The CBO also says that his plan would also impede economic growth and will reduce economic output by up to 2.2%....
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