The Latest News about deficit

As the so-called “government shutdown” drags on, one thing is hard not to admit: the Obama Administration is acting in a manner that is attempting to extract the maximum amount of pain on the American people. While many are wondering how it came to this point, those of us who actually paid attention in Social Studies, Civics and American History ...

“I don’t… I need to check the numbers… There are a lot of numbers there…” WASHINGTON, April 11–In a hearing today in the Budget Committee, President Obama’s budget director, Jeff Zients, admitted he did not know how much debt was added under the President’s plan, saying that “there are a lot of numbers there…” To view a table from the ...

Have you really thought about that? Here’s how he did it. There are more stories about this than I have toothpicks and we owned a restaurant. (Trust me, you end up with a lot of toothpicks after closing a restaurant.) I have a much different take on things but first “the facts:” When you think about it – I mean ...

This was originally posted April 09, 2011 during that threat of government shutdown. It’s regrettable the American people are rounding this corner again. The sharp contrast of lost standards from a mere two-years ago reflects how Obama has effectively “nudged” a serious deterioration of American expectations. This is a most shameful course of action for any American President. The president ...

Chances are you haven’t heard (and won’t hear) about this Federal report from the Liberal media. Two days ago the non-partisan Government Accountability Office (GAO) released its Annual Audit of the United States Government for fiscal years 2011 – 2012. The government’s own conclusion is this: “… Absent policy changes – the Federal Government continues to face an unsustainable fiscal ...

  When: Wed, Jan 9, 10PM EST/7PM Pacific Where: Listen here: He Said She Said with Demetrius & Stacy What: Have you ever wondered what Black Conservatives think about the political issues of today? Well wonder no more, “He Said, She Said” with Demetrius and Stacy. brings you an inner peek into the mind of the conservative: bold, full strength, and unfiltered. Tonight: Special ...

Soon, President Obama will stand before the American people, at his inaugural, and take the Oath of Office. He will place his hand on the Holy Bible (we assume) and swear an oath before God and country to preserve, protect and defend the Constitution of the United States of America. He did this once before in 2009. But, he has ...

I hate raising taxes.  I find high tax rates immoral.  However, we lost the election.  An increase in revenue is inevitable.  What’s perverse about this whole episode is that if we fall off the cliff – Democrats will get everything they want. They’ll get their tax increases, their revenue, and defense cuts.  They would complete their decade-long project of ending ...

The PBS NewHour has yet to invite a hard core conservative on the program to talk about the fiscal cliff.  Last week, they had NYT’s columnist, left-wing economist, and Obama cheerleader – Paul Krugman to detail his view.  Then, they had Sen. Bob Corker ( R-TN), but the December 6 broadcast was the most interesting. PBS invited the Norquist of ...

Is it revenge of the squishy Republicans?  It sure isn’t the reaffirmation of conservatism within the Republican Party.  On December 4, Matthew Boyle at Breitbart reported that the House GOP had begun purging conservatives from various committees.  In a time when Republicans need strong, principled conservatives to thwart the aggressive expansion of the state under Obama, Speaker Boehner and company inanely decide ...

I couldn’t resist. I saw the following article and I just had to write about it: http://money.cnn.com/2012/11/14/news/economy/obama-taxes-deficit/index.html?hpt=hp_t3  Yes, I know that in the post-2012 election era, my blog will naturally pivot to more philosophical writings, but some economic analyses will come up here and there. This is an example of one of these economic analyses. As many readers of my blog know, ...

Sen. Saxby Chambliss has decided to part company with Grover Norquist.  In so doing, he invites a primary challenge.  Representatives Paul Broun, Tom Price, and former secretary of state Karen Handel have all been maneuvering to oust Chambliss from his Senate seat in 2014. Joshua Miller at CQ Roll Call reported on November 19 that conservatives just aren’t happy with Chambliss. ...

I’m sure a lot of you exuded similar reactions to the president’s laughable fiscal proposal to prevent the nation from going over the cliff.  He asked for $50 billion in additional stimulus and $1.6 trillion in tax hikes “as part of any ‘fiscal cliff’ deal,” according to CNBC.  In all: The plan calls for $1.6 trillion in new tax revenue ...

As I’ve said previously, I hate tax increases, but I’ll settle if a 10:1 deal is reached.  Ten dollars of spending cuts, including welfare state cuts, for every one dollar raised in revenue.  It’s a rational deal.  If we can retake the Senate, and maintain our majority in the House; then perhaps we can discuss making other changes more palatable ...

I’ll say it again, Democrats want to go off the fiscal cliff.  They’ll get their tax increases – $600 billion dollars worth– their revenue increases, and cuts to defense, which has been a goal of theirs for the past ten years.  Goodbye Bush tax cuts, Hello Obama tax hikes.  With the fledgling coalition of ‘cliff jumpers’ led by Sen. Patty ...