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The Latest News about federal spending

Cut, Cap and Balance Could Pass Senate

After having passed the House of Representatives this week, the Cut, Cap and Balance budget solution will be up for a cloture vote in the Senate on Saturday. The entirety of main stream media has already declared it dead – they may be wrong. The bill is being taken up in the Senate today and a will see the preliminary ...

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July 21st Radio Show – Debt, GOP Rumors and the NLRB

Show Time: Thursday July 21st, 7pm pacific, 8pm Mountain, 9pm Central, 10pm Eastern Tune In: Plain, Hard Truth Radio Show Call in: Be part of the program – call in to the show: (424) 220-1807 Guests: Nicole Pearce and Andrew Staroska from Truth About Bills. Show Topics: Join Michelle and Rich as they take your calls on the budget crisis, the ...

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Debt-o-crats Are Spending U.S. Into Depression

Should the U.S. government, which has amassed a staggering debt of $14.5 trillion (about $4 trillion of that since President Obama took office), increase its debt limit? The question ought to be rhetorical; $47,000 per citizen is quite enough, thank you. Polls indicate that many voters don’t fully understand the ongoing debt ceiling debate, but even the least sophisticated laborer ...

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Gang of Six Plan .. or Not [Full Text]

Senator Tom Coburn rejoined the deficit panel known as the “Gang of Six” just in time to help sell a non-balancing, non-binding piece of not legislation that the President pointed to as a possible solution to the budget crisis. The proposal is not legislation. It’s a set of guidelines for Congressional committees to then take back and come up with ...

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Cut, Cap and Balance [RSC Summary]

Economists agree that the U.S. will face a major debt crisis within the next few years. Erskine Bowles, the top Democrat on President Obama’s debt commission, calls this “the most predictable economic crisis in history.” One-time spending cuts will not be enough to avert the coming crisis. Neither will toothless promises of cuts 10 years from now. Only permanent changes ...

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Eat Your Peas!

“Do as I say not as I do”. We have all heard this phrase at least a time or two in our life. I would most likely hear from my Dad when he would bypass using the right tool for the job at hand or not using safety devices while performing a quick fix on something around the house. Some ...

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McConnell: Obama is the Problem in Debt Fight – the People Agree

In a Wednesday Senate speech, Mitch McConnell (R-KY) signaled what most Americans are thinking – Obama is the real obstacle to a budget deal. The Senate Minority leader said, “After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is probably unattainable.” As the ...

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If Not Now, When?

The debt ceiling is coming! The debt ceiling is coming! Alarmist? Quixotic? Fear-mongering or Real? There are two perspectives in-play: the fiscal and the psychological. Fiscally – on a purely logical level – yes, it is that simple. The U.S. could service existing debt, defund Obamacare, and let a government shut-down occur while real cuts take place. Psychologically, it’s not ...

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The Entrepreneur is the True Economic Engine

President Obama feels it’s not too radical to ask corporate jet owners and millionaires to pay higher taxes. As our government bureaucrats express their ability to create jobs, they actually hinder the true job creators. These oracle geniuses conveniently fail to recognize the entrepreneur as the true economic engine to our economy. Whether it is the gas station owner, the ...

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How Did You Enjoy Your African Vacation, America?

The wildlife safari adventure must have been the most amazing thing you’ve ever seen! Will you show me pictures of the beautiful lions, tigers, elephants and giraffes? I envy you, America! To be able to tour the historic museums and other tourist sites and attractions is something I am sure you will never forget! America, you have experienced one of ...

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Will Work For Food- I Guess

A 62-year-old Arizona man, Frank Ballesteros, “needs one little word” to help him out of his economic situation. The word is not “hope” or “God” or “patience”. Perhaps the word is  “j-o-b”? Well, think again. What Mr. Ballesteros says he needs is the word “three”. Frank would like for Arizona’s legislature to make  a “small word change, from ‘two’ to ‘three’ in its statutes” ...

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Not Devoted Enough Time to Africa?

Michelle Obama set out on a week-long trip to Africa to spread goodwill – on the U.S. Taxpayers dime. Of course there is criticism with “extra” trips that this administration’s family has taken. The trip is provoking disappointment from Africa advocates who argue that President Obama, whose father was Kenyan, hasn’t devoted enough time to the continent since winning the ...

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House GOP Enables Union Control of Federal Contracts

This week the Republican controlled U.S. House of Representatives had 27 defections to side with Democratic Union buddies on a crucial vote on H.R. 2055, Military Construction and Veterans Affairs and Related Agencies  Appropriations Act. The vote concerned amendment H 411, which was introduced by Steven LaTourette (R-OH) to strike section 415 of the bill. Amendment 411 passed by a total of  204-203. This ...

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