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Keyword: obamabudget

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  • Obama budget gets goose egg in Democrat-controlled Senate ( 97-0 Against Obama Budget, EPIC FAIL!)

    05/26/2011 9:07:36 AM PDT · by SeekAndFind · 9 replies
    Hotair ^ | 05/26/2011 | Ed Morrissey
    When was the last time the Senate cast a unanimous vote on an issue of any substance? The only unamimous votes in the Senate’s 112th session have been to confirm judges or on honorary resolutions, and on a few amendments, and one bill to make it illegal to publish or copy images taken by the TSA from backscatter scanners. There has not been a single unanimous negative vote in the Senate this session — until now. Yesterday, the Senate rejected by a 0-97 vote the budget proposed by Barack Obama: The Senate voted unanimously on Wednesday to reject a $3.7...
  • Obama budget receives zero votes in Senate ["Not a single Democrat voted for it....]

    05/25/2011 4:56:01 PM PDT · by Sub-Driver · 31 replies
    Obama budget receives zero votes in Senate By Jordan Fabian - 05/25/11 06:14 PM ET No senators voted for President Obama's 2012 budget when it came up for a vote in the Senate Wednesday. A procedural vote to move forward on the president's plan failed 0-97. Just minutes earlier, the Senate failed to advance Rep. Paul Ryan's (R-Wis.) budget plan by a vote of 40-57, a vote on which five Republicans voted against their party. Democrats sought to put Republicans on the defensive over the Ryan budget, which they have described as extreme. But Republicans, who demanded a vote on...
  • What would close during a government shutdown

    04/06/2011 1:08:44 PM PDT · by Ernest_at_the_Beach · 9 replies
    MarketWatch ^ | March 2, 2011, 11:39 a.m. EST | Robert Schroeder, MarketWatch
    WASHINGTON (MarketWatch) — Congress has reached a deal to avert a government shutdown this week, but lawmakers bought themselves just two weeks to hammer out a new agreement, keeping the threat of a shutdown alive. A government shutdown, last seen in the mid-1990s, would actually be a partial — not total — halt to federal operations. Services deemed essential would continue, but other services, operations and payments could come to a stop. “‘Shutdown’ is, in our view, an overused term since much of the government does not actually shut down — the military continues to operate, Social Security checks go...
  • Obama’s Budget Makes Uncertainty Certain

    02/15/2011 11:51:20 AM PST · by Slyscribe · 3 replies
    IBD's Capital Hill ^ | 2/15/2011 | David Hogberg
    In a recent IBD op-ed, Stephen Haber and F. Scott Kieff gave a good explanation for why businesses are not yet willing to invest their substantial cash reserves in the economy: The president is right to compare big markets with big games. But the game to envision is not football but poker. Successful firms are sophisticated players. They don’t show up to the table without a large stake. The mountains of cash companies are hoarding provide plenty of bank for that purpose.
  • Obama budget has $556 billion, six-year transport plan

    02/14/2011 10:12:14 PM PST · by Ernest_at_the_Beach · 25 replies
    Reuters ^ | Mon Feb 14, 2011 5:00pm EST | John Crawley and Lisa Lambert
    (Reuters) - President Barack Obama on Monday proposed an ambitious long-term transport spending plan in his 2012 budget as a way to boost U.S. economic competitiveness and spur job growth. While cutting other spending, Obama aggressively accelerated efforts to upgrade aging roads, bridges and introduce high-speed rail with a six-year, $556 billion package."It's really about a big vision, a bold vision, an innovative vision," Transportation Secretary Ray LaHood told reporters.The total is 60 percent richer than the last transportation blueprint enacted by Congress, which expired in 2009.Congress is working on its own transportation spending priorities with proposals expected soon. LaHood...
  • Obama budget resurrects rejected tax increases

    02/14/2011 2:23:52 PM PST · by MissesBush · 11 replies
    Yahoo News ^ | 02/14/11 | STEPHEN OHLEMACHER
    WASHINGTON – President Barack Obama's budget proposal resurrects a series of tax increases on certain corporations and the wealthy that were largely ignored by Congress when Democrats controlled both chambers. Republicans, who now control the House, are signaling they will be even less receptive. The plan unveiled Monday includes tax increases for oil, gas and coal producers, investment managers and U.S.-based multinational corporations. The plan would allow Bush-era tax cuts to expire at the end of 2012 for individuals making more than $200,000 and married couples making more than $250,000. Wealthy taxpayers would have their itemized deductions limited starting in...
  • Obama's FY2012 Budget: Taxes, Taxes and More Taxes

    02/14/2011 2:03:49 PM PST · by MissesBush · 6 replies
    Americans for Tax Reform ^ | 02/14/11 | Ryan Ellis
    President Obama released his budget this morning. Rather than focusing on Washington’s over-spending problem, the budget calls for higher taxes on families and small businesses to pay for even more government spending. Under the Obama budget, tax revenues will grow from 14.4% of GDP in 2011 to 20% of GDP in 2021. By comparison, the historical average is only 18% of GDP. Tax hike lowlights include: Raising the top marginal income tax rate (at which a majority of small business profits face taxation) from 35% to 39.6%. This is a $709 billion/10 year tax hike Raising the capital gains and...
  • Obama Says, “I Think We Should Have Longer School Years” – Video 9/27/10

    09/27/2010 1:26:58 PM PDT · by Federalist Patriot · 33 replies · 1+ views
    Freedom's Lighthouse ^ | September 27, 2010 | Brian
    More expansion of Government – that always seems to be the answer for this President. Here is video of President Obama saying, “I think we should have longer school years.” He made the statement in answer to a question about whether it was being considered to move to a year-round school year. Obama said he thinks it would benefit students to go to school longer, although he did say it would cost more. But, he said, it “would be money well spent.” Of course, you know where that money will come from.
  • White House predicts record $1.47 trillion deficit

    07/23/2010 12:10:35 PM PDT · by Free ThinkerNY · 92 replies · 1+ views
    Associated Press ^ | July 23, 2010 | ANDREW TAYLOR
    WASHINGTON (AP) -- The White House says the government is now borrowing 41 cents of every dollar it spends. New estimates predict the unemployment rate will average 9 percent next year and the budget deficit will be $1.42 trillion - even bigger than previously expected.
  • Voters Believe Politicians Are Economic COWARDS !

    02/04/2010 9:33:49 AM PST · by Shellybenoit · 4 replies · 224+ views
    The Lid/Rasmussen ^ | 2/4/2010 | The Lid
    Its the simplest thing for most politicians to do, run a deficit hike up taxes. What most politicians never understand is that sometimes the well runs dry. That dry time started over a year ago, and the primary reason for the Tea Party movement is the way the government has mishandled federal funds and added to the deficit. Yesterday Blanche Lincoln told the president about her constituent "who fears that there's no one in your administration that understands what it means to go to work on Monday and make a payroll on Friday." Today's Rasmussen Poll confirmed why people have...
  • Judd Gregg Goes After Them Hard (Hit The Democrats High Handed Ways Alert)

    02/03/2010 4:09:16 PM PST · by goldstategop · 23 replies · 908+ views
    Rush Limbaugh ^ | 2/03/2010 | Rush Limbaugh
    I have a series of sound bites here that you're going to love listening to. This is yesterday morning in Washington on Capitol Hill on the Senate Budget Committee. Senator Judd Gregg, a Republican from New Hampshire, was talking with the budget director Peter Orszag. How many children out of wedlock does this guy have now? He's got at least one. He was engaged to somebody, she was pregnant, and he broke up and has gotten with somebody else now. Revenge of the Nerds, so to speak. Anyway, here's the first bite from Judd Gregg. GREGG: The whole concept of...
  • Rush to GOP: Declare Obama's Budget DOA And Save America (Help Obama Fail Alert)

    02/02/2010 4:38:29 PM PST · by goldstategop · 5 replies · 454+ views
    Rush Limbaugh ^ | 2/02/2010 | Rush Limbaugh
    RUSH: Every Republican in Washington ought to be running to the nearest microphone and proclaiming Obama's budget is dead on arrival, just as the Democrats did every year to George W. Bush and to George H. W. Bush before that. It is an abomination. From Power Line, posted yesterday: "Today the Obama administration unveiled its budget for FY 2011. Obama said, 'Our government is deeply in debt after what can only be described as a decade of profligacy,'" but we have established that as recently as 2007, the budget deficit was only $164 billion, 176. And now it's a trillion...
  • Higher Taxes For All In Obama Budget, $1.6 Tril 2010 Deficit

    02/01/2010 5:30:28 PM PST · by Slyscribe · 6 replies · 601+ views
    Investor's Business Daily ^ | 2/1/2010 | Jed Graham
    After cutting taxes for 95% of working families in his first year, President Obama has proposed a budget that would raise taxes on 100% of them. Even as the White House calls for another quick shot of stimulus to speed up job creation, its new 10-year budget promises to impose a fiscal regimen of major tax hikes and modest spending curbs. That regimen would begin in fiscal 2011 with $86 billion raised via new fees on banks, tax increases on upper-income Americans, tax increases to pay for health care reform; and a range of other mainly corporate revenue raisers.
  • Obama Budget Draws Fire from Both Parties

    02/01/2010 10:32:59 AM PST · by mgist · 2 replies · 402+ views
    Ozark First ^ | 2/1/10 | Joel Brown
    (Washington, DC) -- President Obama's new budget calls for $3.8 trillion in spending. It includes money to fight unemployment, increased taxes for the wealthy and a limited spending freeze. In these thousands of pages of numbers the one that stands out is $1.6 trillion. That's the deficit in President Obama's new budget, he says the government needs to spend the money to get Americans back to work. The spending plan for 2011 totals almost $4 trillion. It gives more money to education programs, research, and clean energy development. It freezes spending on some domestic programs. It includes a new tax...
  • President Obama and Robert Gibbs Tout $100 Million in Cabinet Budget Cuts - Video 4/20/09

    04/20/2009 6:41:01 PM PDT · by Federalist Patriot · 6 replies · 401+ views
    Freedom's Lighthouse ^ | April 20, 2009 | BrianinMO
    Here is unbelievable video of President Obama and his Press Secretary trumpeting the news that Obama is demanding that his cabinet reduce their budgets by $100 million, as if that is some great achievement and proof that he is changing Washington! This after he has proposed a budget that spends 3.44 Trillion!!!!! That's 3,444 Billion Dollars! When Gibbs is asked about it he says the $100 million is "a lot of money where he comes from." He has no good answer to Jake Tapper's comment that a few weeks ago, Gibbs thought $8 Billion of earmarks was "miniscule." . ....
  • Obama's Fuzzy Math

    03/28/2009 6:38:19 PM PDT · by Kaslin · 10 replies · 731+ views
    The Weekly Standard ^ | April 6, 2009 | Stephen Moore
    In his press conference last Tuesday, Barack Obama said that America must reject the "borrow and spend" policies of the past in favor of a strategy of "save and invest." Sounds good. So why is Obama proposing to borrow and spend more than any president in the history of the republic? Already in the first 45 days of his administration, the federal government has authorized more debt spending than Ronald Reagan did in eight years in office. Then last week the Democrats' own Congressional Budget Office found that the ten-year deficits of the Obama plan will be about $2.3 trillion...
  • 'Income redistribution' coming in Dem budget

    04/01/2009 8:59:46 PM PDT · by RobinMasters · 27 replies · 1,375+ views
    WND ^ | April 1, 2009 | WorldNetDaily
    The nation needs to face the fact that income will be redistributed and health care rationed under a federal budget plan being moved through Congress at the behest of President Obama, according to an official who served under President Clinton. The plan, according to Lawrence J. Haas, former communications director for Vice President Al Gore, said Obama "wants to make permanent all the tax cuts from those years [2001 and 2003] for people making up to $250,000 a year and frankly to redistribute income a bit in a fair way so he would raise taxes on those above $250,000." His...
  • Conservative Patient's Rights Group Runs Ad Against Obama Budget - Video 3/27/09

    03/28/2009 9:08:02 AM PDT · by Federalist Patriot · 2 replies · 301+ views
    Freedom's Lighthouse ^ | March 28, 2009 | BrianinMO
    Here is a video ad by the Conservative Patient's Rights Action Fund which points out the fact Congress is on the verge of approving $634 billion in Obama's massive $3.44 Trillion Budget to radically alter the Health Care of every American. . . . . (Watch Video)
  • Obama's Global Warming Straddle

    03/12/2009 11:00:56 AM PDT · by Delacon · 6 replies · 378+ views
    FrontPageMag.com ^ | Thursday, March 12, 2009 | Michael Goldfarb
    In his February 24 address to Congress, President Obama asked for "legislation that places a market-based cap on carbon pollution." But don't assume that this administration, in contrast to its predecessor, is overly concerned about the threat to humanity from global warming.When the president unveiled his budget later that week, it became clear that even if so-called cap-and-trade legislation is passed this year, the administration has no plans to start taxing emissions until 2012. A president who warned of catastrophe should Congress delay implementing his economic agenda seems in no particular rush to cut down on greenhouse emissions. No doubt...
  • Spend. Tax. Borrow. Repeat.

    03/10/2009 3:06:51 PM PDT · by reaganaut1 · 15 replies · 508+ views
    New York Times ^ | March 10, 2009 | David M. Herszenhorn
    <p>Congressional Republicans rolled out a new line of talking points today, declaring that President Obama’s proposed $3.6 trillion budget spends too much, taxes too much and borrows too much.</p> <p>The House Republican leader, Representative John A. Boehner of Ohio, was first to utter those words, during a conversation with a small group of reporters at his office in the Capitol.</p>