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Keyword: budget

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  • Shocker: Avis Car Rental Bars Israeli Executive from Renting

    11/22/2015 4:34:27 PM PST · by Timber Rattler · 150 replies
    Observer News ^ | November 22, 2015 | Ken Kurson
    On Saturday evening, Dov Bergwerk arrived at the Avis branch on West 76th Street and Broadway. Accompanied by his wife Ruth, the Bergwerks were planning to join friends for dinner in Westchester. Mr. Bergwerk, a senior vice president and general corporate counsel at the Israeli pharmaceutical giant Teva, got out his driver's license, reservation number and "Wizard" loyalty card - he's rented from Avis dozens of times before - and anticipated the usual smooth transition into a nondescript mid-sized sedan. That's when the trouble started.
  • Shocker: Avis Car Rental Bars Israeli Executive from Renting

    11/22/2015 8:21:18 AM PST · by Nachum · 106 replies
    Observer.com ^ | 11/22/15 | Ken Kurson
    On Saturday evening, Dov Bergwerk arrived at the Avis branch on West 76th Street and Broadway. Accompanied by his wife Ruth, the Bergwerks were planning to join friends for dinner in Westchester. Mr. Bergwerk, a senior vice president and general corporate counsel at the Israeli pharmaceutical giant Teva, got out his driver’s license, reservation number and “Wizard” loyalty card – he’s rented from Avis dozens of times before – and anticipated the usual smooth transition into a nondescript mid-sized sedan. That’s when the trouble started. A reservation agent named Angelline declined to honor Mr. Bergwerk’s reservation, saying that it was...
  • How Global Warming Science Ate The NASA Budget

    11/18/2015 6:39:53 AM PST · by Purdue77 · 6 replies
    The Daily Caller ^ | 11/17/2015 | Andrew Follett
    The Daily Caller (11/17, Follett) reports that according to Representative Lamar Smith, chairman of the House Committee on Science, Space, and Technology, NASA's dedication toward climate research has reduced the funding available for its planetary science and exploration efforts. In an email to the Daily Caller News Foundation, Smith stated, "The Obama administration has consistently tried to cut NASA's space exploration budgets in order to fund increases for Earth science programs," adding, "Just this year, the president proposed drastically cutting NASA's exploration systems by more than $440 million dollars while Earth Science accounts have increased by 63 percent over the...
  • What Do Tax Cuts 'Cost'? Less Than Advertized

    11/16/2015 3:48:50 AM PST · by IBD editorial writer · 11 replies
    Investor's Business Daily ^ | 11/13/2015 | Staff
    Budgets: The next time you hear someone complain about how much a tax cut will "cost" the government, take it with a very large grain of salt. The official scorekeeper of such things is almost always wrong.
  • How Ted Cruz Would Balance the Budget

    11/12/2015 8:54:24 AM PST · by conservativejoy · 36 replies
    American Spectator ^ | 11/12/2015 | Peter Ferrara
    As he made clear, he's not going to 'pay' for more big government business as usual. At the CNBC debate on October 28, Ted Cruz 97%released his tax reform proposal, which I believe is the best of all the presidential candidates' plans. At Tuesday night's debate, Cruz released a spending reduction plan showing how he will pay for the tax cut involved in the tax reform plan. For the individual income tax under his tax reform, Cruz's plan provides for one flat rate of 10% on everything – wages, capital gains, dividends, personal business income, rent, interest, and all other...
  • Again: Senate Democrats Mount Third Filibuster Against Bill to Pay Troops, Fund Military

    11/06/2015 9:04:55 AM PST · by Kaslin · 32 replies
    Townhall.com ^ | November 6, 2015 | Guy Benson
    Senate Democrats launched athird consecutive filibuster of the bipartisan defense appropriations bill yesterday, once againblocking consideration of legislation that would fund the United States military and pay members of our armed forces. Yes, it's okay to be thoroughly perplexed bythis development. Remember, the ostensible reason that Democrats have engaged in this obstruction over recent months -- which also entailedfilibustering the Veterans Affairs appropriations bill -- was to exploit the troops and veterans as leverage to force Republicans to agree to higher federal spending on unrelated matters. It was a cynical play, but thanks in part to President Obama'shyper-partisan veto, it...
  • ...while you were sleeping the Senate voted to steal $150 billion dollars from Social Security...

    11/04/2015 4:20:53 AM PST · by FR_addict · 99 replies
    Twitter ^ | Oct 30, 2015 | Sen. Mike Lee
    See Mike Lee's Twitter page and his facebook post
  • $20 trillion man: National debt nearly doubles during Obama presidency

    11/01/2015 7:10:12 PM PST · by amorphous · 57 replies
    The Washington Times ^ | 1 Nov 2015 | Dave Boyer
    When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man. Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White...
  • Senate Approves Budget Deal and Here's How They Voted

    10/30/2015 3:01:01 PM PDT · by arista · 58 replies
    therightscoop.com ^ | 10/30/15 | The Right Scoop
    The Senate approved the horrible budget deal last night while most of us were asleep at 3am: Ted Cruz last night called this budget deal a corrupt betrayal of the people as he spoke over an hour and a half. The vote was mostly Democrats voting to pass it but a fair number of Republicans voted for it as well. Here's how they voted: YEAs: 64 Alexander (R-TN) Ayotte (R-NH) Baldwin (D-WI) Barrasso (R-WY) Bennet (D-CO) Blumenthal (D-CT) Booker (D-NJ) Boxer (D-CA) Brown (D-OH) Cantwell (D-WA) Capito (R-WV) Cardin (D-MD) Carper (D-DE) Casey (D-PA) Cochran (R-MS) Collins (R-ME) Coons (D-DE)...
  • Rand Paul Quickly Ends Filibuster Against Raising Debt Ceiling

    10/30/2015 6:56:36 AM PDT · by thetallguy24 · 18 replies
    Newsweek ^ | 10/29/15 | Polly Mosendz
    Updated |In an effort to delay passage of a bipartisan budget deal, Senator Rand Paul began a filibuster around 3p.m. on Thursday. The effort was expected to continue through 1 a.m. on Friday,but endedafter speaking for only 18 minutes and40 seconds, according to MSNBC. It turns out the Republican senator from Kentucky spoke against the budget bill only until the time the Senate was to vote on the deal. The Senate would have allowed Paul to continue speaking until midnight, but only if he didn't sit down or use the restroom, a physically exhausting feat if nothing else. At midnight,...
  • Senate passes budget and debt deal, sends measure to Obama

    10/30/2015 1:43:31 AM PDT · by napscoordinator · 78 replies
    Fox News ^ | 30 October 2015 | Senate passes budget and debt deal, sends measure to Obama
    In a rare late-night session, the Senate gave final approval to an ambitious budget and debt deal early Friday, sending it to President Barack Obama to sign. The final vote on passage was 64-35, as Democrats joined forces with Republican defense hawks over the objections of GOP presidential candidates Ted Cruz, Rand Paul, and Marco Rubio, all of whom voted against the deal. The bill is aimed at averting a debt default, avoiding a partial government shutdown and setting spending priorities for the next two years. Earlier in Friday's session, the Senate voted 63-35 to end debate on the measure....
  • In a dozen years there will be no money to fund the military, roads or education

    10/29/2015 5:53:48 AM PDT · by SleeperCatcher · 16 replies
    Freedom.news ^ | Oct. 28, 2015 | Jon E Dougherty
    (Freedom.news) Americans who believe that they will still be alive 12 years from today had better brace themselves for the coming economic catastrophe that is the end result of a bipartisan effort to evade fiscal responsibility. As reported by The Washington Free Beacon, in a recent interview with C-SPAN, Rep. Dave Brat, R-Va., dropped a bombshell that should have been top-of-the-hour news stories on every major news broadcast (but, of course, wasn’t). By 2027, said Brat, the federal government will only take in enough money to cover entitlement programs and interest on the already unimaginably massive (and still growing) U.S....
  • Budget deal would nix popular Social Security claiming strategies

    10/28/2015 3:35:55 PM PDT · by taildragger · 114 replies
    Investment News ^ | Oct 28, 2015 | Mark Schoeff Jr.
    A budget agreement reached by congressional leaders and the White House would kill popular Social Security claiming strategies shortly after the measure becomes law, cutting off payments in midstream for beneficiaries, according to experts.
  • Ted Cruz and the Oxymorons of Washington

    10/28/2015 8:42:16 AM PDT · by Starman417 · 4 replies
    Flopping Aces | 10-28-15 | Vince
    Oxymoron: A figure of speech in which apparently contradictory terms appear in conjunction One sometimes thinks the word started with our government: Government Intelligence Government Efficiency... Government Accountability In reality, its been around since the Greeks first coined the phrase, no doubt adding oxy to a word they probably used to describe their politicians too: Moron. The Greeks may have invented the word, but the US government has perfected its common use. We have a welfare system whose ostensible goal is to get people back on their feet during hard times yet the numbers of people on the program never...
  • This Budget Is No Deal, It's A Spending Spree

    10/28/2015 3:34:30 AM PDT · by expat_panama · 22 replies
    Investors Business Daily ^ | 10/27/2015 | STEPHEN MOORE
    No wonder Nancy Pelosi and the White House are bursting with glee. The budget deal is the biggest spending blitz in years. Let's start with an amazing and depressing statistic. Federal spending in 2016 was already expected to climb by more than $250 billion or close to $1 billion extra spending each day. This was to be a 6% rise in outlays in a year when inflation is running at slightly less than 2%. But the budget deal adds to the orgy of spending. The plan raises spending by at least $100 billion over two years and busts through...
  • VANITY - My plan to win the funding debate.

    10/27/2015 5:38:19 PM PDT · by nitzy · 7 replies
    Vanity | 10/27/15 | Me
    I posted this in another thread but I would like to know (besides the obvious reason of (R) cowardice) why this plan wouldn't work? 1.) The House passes a budget that defunds amnesty, defunds PP, defunds the Iran deal, defunds Obamacare. 2.) The Senate attempts to vote on it. 3.) The Democrats filibuster. 4.) The deadline passes. 5.) The government shuts down. 6.) The Republicans "change the rules of the Senate" so that budget bills cannot be filibustered after the government is shut down. 7.) The Senate passes the budget. 8.) Obama vetoes the budget. 9.) The Republicans take to...
  • Ryan On Budget Deal: "The Process Stinks"

    10/27/2015 9:37:20 AM PDT · by Biggirl · 21 replies
    Breitbart.com ^ | October 27, 2015 | Pam Key
    The House Ways and Means Committee Chairman and odds-on favorite to be next House Speaker Rep. Paul Ryan (R-WI) said he was not happy with the process of the pending budget deal announced Monday night and negotiated by outgoing Speaker of the House Rep. John Boehner (R-OH) with the White House.
  • $19.6 Trillion Debt Ceiling: Done Deal?

    10/27/2015 6:31:35 AM PDT · by Citizen Zed · 26 replies
    ZeroHedge.com ^ | 10-27-2015 | Tyler Durden
    Last week, when reviewing the next steps in the 2015 version of the debt ceiling "drama" we said that "that the only certain outcome from the melodramatic debt ceiling fight over the next several days, is the following: the US is about to have a brand spanking new debt ceiling, one that should last it until March of 2017: $19,600,000,000,000." Sure enough, with just days left until the November 3rd D-Day when the Treasury runs out of emergency cash and is forced to prioritize debt repayments over government spending, moments ago Politico reported that "congressional leaders and the White House...
  • Politics: Looming 2-year budget deal: Spending hikes now, cuts down the road

    10/27/2015 7:39:34 AM PDT · by snowcloud · 12 replies
    Canada Free Press ^ | 10/27/15 | Dan Calabrese
    Youve heard this one before and youre about to hear it again. Congressional Republicans make a deal with President Obama that ostensibly cuts federal spending. Thats what the headlines will proclaim. But in reality, the budget deal - which in this case looks to be in effect for two years - will raise spending in the short term and save all the supposed cuts for the out years. Ever wonder when those out years are going to arrive? Ha! Well have hoverboards first. Real ones. But for now weve got something that will allow John Boehner to get out of...
  • Humiliation for Cameron and Osborne as (Lord) peers DEFEAT plan to slash tax credits for 3 [tr]

    10/26/2015 1:25:49 PM PDT · by C19fan · 2 replies
    UK Daily Mail ^ | October 26, 2015 | Tom McTague and Daniel Martin
    George Osborne was left reeling tonight after peers dramatically threw out the government's planned tax credits cuts - overturning the views of elected MPs. The House of Lords voted 289 to 272 delay the changes for three years until measures could be introduced to protect poor families. The tax credit cuts are central to the Government's plan to eliminate the deficit by 2020 - saving 4.4billion from the welfare bill. Downing Street said the UK was in 'unchartered waters' after the vote, which goes against centuries of tradition that the House of Commons decides financial matters.
  • By the Way, Obama Just Vetoed a Bipartisan Bill to Fund the Military, Pay Troops

    10/23/2015 9:08:37 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | October 23, 2015 | Guy Benson
    Yesterday was slightly heavy on the breaking news front, so this (not unexpected) development went largely overlooked.  President Obama held a photo-op to highlight his decision to veto the bipartisan National Defense Authorization Act, which appropriates $612 billion in defense spending -- a figure that matches Obama's military budget request.  Among other things, the legislation pays the troops and gives them a raise.  It sailed through the Senate with 70 votes, attracting dozens of Democratic votes at both ends of Capitol Hill.  But in an escalation of partisan politics, Obama has refused to sign the measure into law in an effort to coerce Republicans into...
  • Beware Claims of State Budget Cuts

    10/22/2015 6:15:38 AM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 10/20/2015 | James Hohman
    A common refrain heard from policymakers is that there is no extra money in the budget for roads, or for most any other priority. Michigans continued economic growth, however, has in fact resulted in extra cash available to meet the Legislatures spending priorities. Legislators were able to find hundreds of millions of extra road funding in the past three years. While the stated preference is to fund the roads with fuel and vehicle registration taxes those paid largely by people who use the roads policymakers have supplemented this revenue with money from the states general taxes. This years...
  • No, the U.S. will not default on its debt, no matter what

    10/21/2015 4:21:47 AM PDT · by expat_panama · 30 replies
    Market Watch ^ | Oct 20, 2015 | Caroline Baum
    [snipets:]If the Congress doesn't increase the debt limit, the Bipartisan Policy Center has estimated that the Treasury will no longer be able to pay all the government's bills from the cash it has on hand sometime between Nov. 10 and 19. Give Treasury Secretary Jacob Lew credit for a modicum of restraint in using the D word. Thats D as in default.......Look what happened during the 2013 debt-limit showdown. Lew and President Barack Obama tried to use the threat of default to their political advantage: to get the Republicans to stop holding the debt limit hostage to other priorities; and...
  • Illinois fails to pay lottery winners as states budget craters

    10/17/2015 7:44:14 PM PDT · by SeekAndFind · 38 replies
    Hotair ^ | 10/17/2015 | Jazz Shaw
    The lottery is akin to the magical kingdom where dreams come true. In New York, their constant advertisements on television assure us that all you need is “a dollar and a dream.” Sure, your odds of hitting the big, top level jackpot are significantly worse than getting hit by lightning while being attacked by a shark, but hey… somebody’s got to win, right? And every week somebody does, leading to a huge weight off their minds if they were financially struggling.Unless, of course, they happen to live in Illinois where the state has stopped paying the winners while still...
  • Illinois To Delay Pension Payments Amid Budget Woes: [Trunc]

    10/14/2015 12:31:43 PM PDT · by amorphous · 17 replies
    Zero Hedge ^ | 14 Oct 2015 | Tyler Durden
    By now, Illinois' budget problems are no secret. Back in May, after the State Supreme Court struck down a pension reform bid, Moody's move to downgrade the city of Chicago thrust the state's financial woes into the national spotlight. Since then, the situation hasn't gotten any better and despite hiring an "all star" budget guru (for $30,000 a month no less), Bruce Rauner was unable to pass a budget in a timely fashion leading directly to all types of absurdities including everything from the possibility of shortened school years to lottery winners being paid in IOUs. Now, as Bloomberg reports,...
  • Congressional Budget Office: Budget deficit drops to $435B

    10/08/2015 5:09:53 PM PDT · by celmak · 44 replies
    AP/Yahoo News ^ | 10/07/2015 | ANDREW TAYLOR
    WASHINGTON (AP) Congressional budget analysts said Wednesday that the federal government ran a deficit of $435 billion in the just-completed budget year, the smallest deficit since 2007 and well below the record shortfalls of President Barack Obama's first term.
  • Tea Party Wave Left a Ripple Effect Still Felt in Budget

    10/06/2015 4:35:52 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | October 6, 2015 | Stephen Moore
    Remember the much-maligned Tea Party movement? These were the patriotic Americans -- millions of them -- who took to the streets and the town halls across America and revolted against Bush's corporate bailouts, Obama's stimulus spending blowout and Obamacare, and the Fed's policy of tossing trillions of dollars out of helicopter windows (figuratively). Good news: They helped change and maybe even slightly fix America. The latest budget deficit numbers -- for the fiscal year that just ended -- find that the deficit has fallen by $1 trillion since Obama's tragic first term. The deficit is still near half a...
  • Pennsylvania's budget train wreck unfolded over past year

    10/03/2015 5:43:36 PM PDT · by gusopol3 · 14 replies
    Philly.com ^ | October 3, 2015 | MARK SCOLFORO
    As weeks without a budget turned into months, Republicans decided to push through a stopgap plan to get money to schools, government agencies and programs while talks on a complete budget deal continued. Again it was on party lines, again Wolf vetoed it. "I understand we have divided government," Wolf said. "What I don't understand is people who don't want to govern at all." A few days later the Republican leaders announced they would give the governor a chance to demonstrate he has the votes for tax increases through a floor vote next week, and Democrats have been scrambling to...
  • Fairly steep Department of Defense cuts announced

    10/01/2015 8:47:57 AM PDT · by SeekAndFind · 17 replies
    Hotair ^ | 10/01/2015 | Jazz Shaw
    Congressional negotiators have come up with a plan to cut costs at the Department of Defense which represents a compromise between proposals from the House and the Senate. Assuming this comes up to a vote and is approved there’s going to be a 25% reduction in the civilian workforce in addition to the introduction of a new retirement plan for the troops. Government Executive Magazine has the details. The 2016 defense authorization compromise bill would require $10 billion in cuts, half of which must occur by fiscal 2018. The one-quarter staff reduction was a compromise between the 20 percent...
  • No shutdown? Fine. 69 percent of Americans didnt want one over Planned Parenthood anyway

    10/01/2015 8:32:54 AM PDT · by SeekAndFind · 22 replies
    Hotair ^ | 10/01/2015 | Matt Vespa
    Congress had grappled with shutdown drama. On October 1, the government would have run out of money. Last time, the government was shut down, it was a sloppy attempt to gut Obamacare. It was done with the full knowledge that a) Obama would never eviscerate his signature domestic achievement (ever) and b) the Republicans never had the votes to be successful. Even with public opinion siding with the GOP over the various mandates within the health care law, Obama won. The government was reopened–and Obamacare remains the law of the land.With the current squabble over Planned Parenthood, the numbers...
  • Candidates Talk Tax Cuts But Go AWOL On Spending Cuts

    10/01/2015 6:40:22 AM PDT · by SeekAndFind · 12 replies
    IBD ^ | 10/01/2015 | Veronique de Rugy
    Cutting taxes is great, but as I said, it must be done alongside genuine spending restraint meaning serious changes to Medicare, Medicaid, Social Security and Affordable Care Act subsidies, which are consuming an ever-growing share of the budget. Doing one without the other would just kick the can farther down the road, an exercise that politicians are very good at. The good news for the candidates is that a plan to cut spending isn't that hard on paper, at least. Cato Institute's Dan Mitchell calculated that we could balance the budget by 2021 by capping spending growth at...
  • FR peer review: Planned Parenthood

    09/29/2015 8:04:55 AM PDT · by Fundamentally Fair · 17 replies
    Vanity | 9/29/2015 | FF
    Lately, Ive seen a new Facebook profile template supporting PP. It is an overlay, similar to the rainbow flag one that went viral a few months ago, that says #StandwithPP. I want to post a counter to this with a graphic and text. Here is what Ive come up with: As I see it, there are two issues driving the current Planned Parenthood debate: Abortion and government spending. I dont expect anything to change on the abortion front. The Supreme Court says that its legal. Theyve been wrong before, but more about that in a second. The second issue...
  • Were Not That Far from a Balanced Budget

    09/29/2015 6:58:54 AM PDT · by SeekAndFind · 17 replies
    National Review ^ | 09/29/2015 | Kevin D. Williamson
    Americans are funny about taxes: When we complain about them, we dont moan that we are paying too much we lament that others are paying too little. In a Pew Research Center poll last year, only 27 percent of Americans cited their own tax liabilities among their complaints about the tax code, while 64 percent complained that other taxpayers the wicked 1 percenters, the dreaded corporations were getting off too easy. If youve ever met anybody who believes that we can balance the budget by cutting foreign aid, that the Social Security trust fund is a real...
  • U.S. Senate Blocks Resolution to Defund Planned Parenthood

    09/29/2015 5:55:09 AM PDT · by WhiskeyX · 25 replies
    American Center for Law and Justice ^ | 2015-09-24 | Nathanael Bennett
    Today, by a vote of 47-52, 52 U.S. Senators blocked a vote on a resolution that would have fully funded the government while redirecting hundreds of millions of dollars away from Planned Parenthood and to community health centers. Unfortunately, the 52 Senators who voted no prevented the Senate from invoking cloture and overcoming a filibuster. As a result, Planned Parenthood is continuing to receive taxpayer dollars, and a government shutdown continues to loom. Ironically, many of the same 52 Senators who are engaging in a filibuster today are loudly deriding the possibility of a government shutdown in less than a...
  • New Boehner strategy: Defund Planned Parenthood through reconciliation process

    09/25/2015 8:54:23 AM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 09/25/2015 | Ed Morrissey
    Why not? It worked for ObamaCare, didn’t it? The Hill reports that Speaker John Boehner’s latest strategy to thread the needle of demands to defund Planned Parenthood and yet avoid a government shutdown will take a page from the Harry Reid/Nancy Pelosi playbook: Top House Republicans hope to convince their members to keep the government open by using a fast-track process known as reconciliation to try to defund Planned Parenthood.House Republican leaders are planning to target Planned Parenthood’s funding by immediately drafting a fast-track reconciliation bill, according to a senior House GOP aide.Speaker John Boehner (R-Ohio) and his lieutenants...
  • Boehner Will Resign from Congress

    09/25/2015 6:32:27 AM PDT · by abb · 458 replies
    The New York Times ^ | September 25, 2015 | JENNIFER STEINHAUER
    Speaker John A. Boehner will resign from Congress and give up his House seat at the end of October, according to aides in his office.
  • Senate bill that would defund Planned Parenthood fails badly, 47/52. Eight Republicans vote no

    09/24/2015 5:34:25 PM PDT · by SeekAndFind · 37 replies
    Hotair ^ | 09/24/2015 | AllahPundit
    Two of those Republicans, Rand Paul and Tom Cotton, opposed the bill not because of its Planned Parenthood provisions but because it didn’t meet their priorities on other government spending. Paul voted no because it would lead to another $400 billion in debt; Cotton opposed it because spending on defense wasn’t high enough to suit him.I haven’t seen explanations from the other six but five of them are among the most centrist members of the caucus. (Ben Sasse is an exception.) Did they take issue with some element of spending too, or was this in fact a vote to...
  • Congress moves quickly on shutdown to make sure we dont spend any less money

    09/23/2015 7:38:27 AM PDT · by SeekAndFind · 14 replies
    Hotair ^ | 09/23/2015 | Jazz Shaw
    If I’m reading the calendar correctly we have about four congressional working days until the government shuts down, assuming we don’t get some sort of deal on a continuing resolution. So what happens next? For one thing a whole bunch of federal workers will be placed on unpaid leave and sent home unless they are in “critical” positions which can’t be left vacant. This clearly calls for quick action by our elected representatives and you may rest assured that they’re all over this thing. A bipartisan proposal is in place to make sure that as soon as the curtains...
  • Chicago mayor's budget includes massive property hike

    09/22/2015 2:11:03 PM PDT · by Beave Meister · 11 replies
    Fox News ^ | 9/22/2015
    CHICAGO Mayor Rahm Emanuel pitched a massive property tax hike Tuesday as a "last resort" to correct Chicago's financial footing, suggesting the only alternative for the nation's third-largest city would include severe cuts to police and fire services, recycling programs, pothole repair and even rodent control. Emanuel, who needs approval from state lawmakers and the governor for at least part of his sweeping plan, outlined a $543 million property tax over four years, a $45 million tax to modernize schools, and other new fees for residential garbage pickup, e-cigarettes and ride-sharing services. The property tax revenue would go toward...
  • Democrats block defense spending bill in Senate

    09/22/2015 11:50:01 AM PDT · by 11th_VA · 26 replies
    Reuters ^ | Sept 22, 2015 | By Patricia Zengerle; Editing by Eric Walsh
    WASHINGTON (Reuters) - Democrats blocked the fiscal 2016 defense spending bill in the U.S. Senate on Tuesday, amid a fierce fight with Republicans over tax and spending policy days before a potential Oct. 1 government shutdown. The vote was 54-42, largely along party lines with Republicans voting yes and Democrats no. It meant the appropriations measure failed to achieve the 60-vote majority needed to advance to final passage in the 100-member Senate. Congressional Democrats and Republicans are fighting over a range of tax and spending issues as the end of the fiscal year approaches. In the case of the Department...
  • Carly Fiorina: Major :eaguer

    09/22/2015 5:47:10 AM PDT · by Kaslin · 19 replies
    Townhall.com ^ | September 22, 2015 | Cal Thomas
    To invoke a baseball metaphor, Carly Fiorina has been called up from the minors to the major leagues. After her widely praised debate performance last week, she can expect "fastballs" to be thrown at her head, not only by some of her Republican opponents, but by Democrats. It has already started. The first pitch at Fiorina is the number of jobs lost during her tenure as the CEO of Hewlett-Packard. While some say she is technically correct that the company's income grew while she ran it, thousands of people lost their jobs, as did many others during the 1990s economic...
  • The Question No Candidate Will Answer [The responses to this question have never been persuasive]

    09/21/2015 6:59:33 AM PDT · by SeekAndFind · 19 replies
    National Review ^ | 09/21/2015 | Kevin Williamson
    I like Jake Tapper, but I already was ready to punch him in the ear over the lets you and him fight structure of the debate questions last week when he abandoned all pretense of adulthood and asked the candidates what theyd like their Secret Service code names to be. It was a low, cringe-inducing moment, and the candidates made it lower and cringier with their answers. (Trueheart? Justice Never Sleeps? Ergh.) Marco Rubio just barely acquitted himself with Gator, but the correct answer was: Thats a dumb question, Jake, and I am not going to answer it. Now, back...
  • Reid, Pelosi: Congress Should Pass Stop-Gap Budget Resolution(this is not a Budget)

    09/17/2015 5:18:11 PM PDT · by bestintxas · 5 replies
    newsmax ^ | 9/17/15 | l lambert
    The top Democrats in the U.S. Congress, Representative Nancy Pelosi and Senator Harry Reid, said on Thursday lawmakers should pass a short-term spending measure, known as a continuing resolution, to buy time for negotiating a comprehensive federal budget and avoid a government shutdown. The two leaders had huddled with President Barack Obama for 90 minutes at the White House to prepare "to pursue conversations leading to negotiations on how we keep government open," Pelosi told reporters outside the White House, adding that they would like to proceed in "a timely fashion." The three of us agree that we want a...
  • A Perfect Storm Is Brewing as the Budget Battle Looms

    09/11/2015 4:40:40 AM PDT · by expat_panama · 31 replies
    Fiscal Times ^ | September 10, 2015 | Martin Matishak
    The Republican-controlled Congress has been back from August recess for one full day and lawmakers already seemed overwhelmed by the slate of problems they left unresolved before adjourning. The GOP returned to Washington hoping to make short work of a resolution of disapproval on the Iran nuclear deal before moving on to the equally pressing issue of working out a measure to fund the government and avoid a shutdown. But House Republicans have revolted against the leaderships plan, arguing the agreements 60-day congressional review period hasnt started yet because the Obama administration hasnt shared the details of so-called side deals...
  • Will Boehners Leadership Be Challenged? Conservative Lawmaker Says It Depends on Budget, Planned...

    09/08/2015 1:46:46 AM PDT · by markomalley · 8 replies
    Daily Signal ^ | 9/7/15 | Melissa Quinn
    For one conservative lawmaker, Congresss upcoming debate on funding the government and stripping Planned Parenthood of federal dollars could play a significant role in whether a challenge to House Speaker John Boehner is mounted.In an interview with The Daily Signal, Rep. Dave Brat, R-Va., warned that Boehners, R-Ohio, future as the party leader could be jeopardized depending on how he handles both a continuing resolution funding the government and whether Planned Parenthood is permanently stripped of its federal funding.I voted against the speaker last time, and so I think on this motion, itll come down to leaderships actions with respect...
  • Mitch McConnell Gives Fiscal Conservatives The BIG MIDDLE FINGER [will] Work With Obama

    09/02/2015 6:59:40 AM PDT · by Zakeet · 30 replies
    Brietbart ^ | September 2, 2015
    Complete Headline: Mitch McConnell Gives Fiscal Conservatives The BIG MIDDLE FINGER Announces Plans To Work With Obama On Budget. In the unlikely event you cant hear the sound of the Rhinoceros marching on bubble wrap directly behind you, it might be worth while getting a firmer grip on both your ankles [Snip] [] The Kentucky Republican said he would work with the White House to come up with budget levels to keep the government open past Sept. 30, conceding that President Barack Obama wont sign a measure with a rider defunding Planned Parenthood.
  • Obama calls on Congress to pass budget without drama

    08/28/2015 3:33:29 AM PDT · by Olog-hai · 19 replies
    Associated Press ^ | Aug 27, 2015 6:15 PM EDT | Kevin Freking
    President Barack Obama is highlighting good economic news during a period of wildly erratic stock markets to make the case the United States remains an anchor of global strength. [] Obama is warning lawmakers not to keep the economy hostage over what he describes as ideological demands. He also says Congress will eventually pass the budget, so lets just do it without too much drama.
  • Medicaid: A Fifty-Year-Old Flimflam

    08/17/2015 4:57:33 AM PDT · by rootin tootin · 5 replies
    American Spectator ^ | 8/17/2015 | David Catron
    Recently, while most of the media obsessed over the antics of Hillary Clinton and Donald Trump, the nation passed a significant milestone. Medicaid, the federal-state program meant to provide a medical safety net for the poor, turned 50. This anniversary was celebrated by progressives as proof that government-run health care really works. Few of these cheerleaders noted, however, that this once modest program has morphed into a budget-busting behemoth most of whose expenditures go to the middle class. They also neglected to mention the difficulties Medicaid patients face accessing care or that they experience worse health outcomes than the uninsured....
  • US Military Uses IMF & World Bank To Launder 85% Of Its Black Budget

    08/14/2015 3:21:47 PM PDT · by Nachum · 20 replies
    Zero Hedge ^ | 8/14/15 | Tyler Durden
    Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of Information Act requests that the so-called black budget is an increasingly massive expenditure subsidized by American taxpayers. The CIA and and NSA alone garnered $52.6 billion in funding in 2013 while the Department of Defense black ops budget for secret military projects exceeds this number. It is estimated to be $58.7 billion for the fiscal year 2015. What is...
  • House GOP Appropriators Prepare for Sequester Showdown [Surrender]

    07/22/2015 7:58:40 PM PDT · by mrsmith · 47 replies
    Roll Call ^ | July 22 | Emma Dumain and Tamar Hallerman
    Appropriations Chairman Harold Rogers, R-Ky., gathered his 12 subcommittee chairmen together to discuss next steps for the fiscal 2016 appropriations process that has ground to a halt on Capitol Hill with just 15 scheduled legislative days left to avert a government shutdown in September....House Democrats are rebelling against sequester caps, while Senate Democrats have filibustered consideration of any appropriations bill on their chamber floor. Meanwhile, President Barack Obama has threatened vetoes of every spending measure that adheres to the lower spending levels. ...Mario Diaz-Balart, R-Fla., said his takeaway from Wednesdays meeting was that appropriations cardinals should just be ready to...