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Keyword: spending

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  • On Met Council, we get cronyism, not reform

    04/16/2015 8:01:39 PM PDT · by TurboZamboni · 4 replies
    Star Tribune ^ | 4-15-15 | DAVID OSMEK
    In January, the 89th Legislature convened to begin its work. With the elections behind us and the House under Republican leadership, we opened the session with a renewed sense of bipartisanship. Many suburban legislators, myself included, had high hopes for one particular bill that would inject some common-sense into a major concern of local city councils — the Metropolitan Council. The Met Council is an unelected body that has the power to tax and spend over $1 billion every year and inject itself regularly into local government decisions. It has the authority to dictate (among other things) where new trains...
  • 27.49% of Everyone's Tax Bill Is Spent on Health Care

    04/16/2015 10:47:20 AM PDT · by free_life · 39 replies
    Weekly Standard ^ | April 16, 2015 | Jeryl Bier
    Every year since 2011, the White House has used tax time to post a "Federal Taxpayer Receipt" showing taxpayers how their federal tax dollars are being spent. President Obama introduced the concept in his 2011 State of the Union address, and Wednesday the White House posted the fifth installment so taxpayers can see how "tax dollars are being spent on priorities like education, veterans benefits, and health care." While users can punch in their own tax liability and see dollar amounts assigned to each category, the figures are based on percentages from the prior fiscal year budget. Comparing those percentages...
  • Many say "consumption" drives the US economy. This financial expert says that is completely wrong.

    04/16/2015 9:57:34 AM PDT · by fredericbastiat1 · 80 replies
    TheBlaze Books ^ | 2015-04-06 | Benjamin Weingarten
    If you listen to the news on the economy or financial markets, you have probably heard statements like “consumption drives the American economy,” or “consumption is 70% of the economy.” But in a new book out that follows in the footsteps of Henry Hazlitt’s classic “Economics in One Lesson” — though in a much more fun package — titled “Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics,” Forbes and RealClearMarkets Editor, and senior economic advisor to Toreador Research and Trading John Tamny challenges this and much other “conventional wisdom” on taxes, regulations,...
  • Here are the Highest Paying School Districts in Michigan

    04/14/2015 5:24:22 AM PDT · by MichCapCon · 5 replies
    Michigan Capitol Confidential ^ | 4/10/2015 | Jarrett Skorup
    In 2013-14, the highest paid teachers in the state on average were from Redford Union Schools in Wayne County. They made $86,675 a year, according to the Michigan Department of Education. However, data cited by the state on teachers' salaries isn't always accurate. For example, teachers in Detroit public schools whose management had been turned over to a state Education Achievement Authority office (EAA) – a “school district” comprised of the poorest-performing schools in Michigan – were the state's second-highest paid, according to data released in March by the Michigan Department of Education. Except, the reported figures were almost certainly...
  • Math Is Hard For Obamacarians

    04/13/2015 3:34:33 AM PDT · by rootin tootin · 6 replies
    American Spectator ^ | 4/13/2015 | David Catron
    If you are masochistic enough to read the “reporting” of the legacy media on Obamacare, you will have noticed a spate of recent stories with titles like the following from CNBC: “Health spending post-Obamacare seen $2.5 trillion lower.” This headline is not only awkwardly worded. It is, like the article over which it appears, misleading. It misrepresents a new study from the left-leaning Urban Institute concerning projected health care spending in a way that suggests the nation has saved enormous amounts of money thanks to the “Affordable Care Act.” This is absurd, of course, but it highlights an underappreciated element...
  • With New Immigration Proposals, State Lawmakers Hope To Build Momentum [Medicaid For Illegals!]

    04/07/2015 5:50:53 PM PDT · by Steelfish · 4 replies
    LATimes ^ | April 07, 2015 | MELANIE MASON
    With new immigration proposals, state lawmakers hope to build By MELANIE MASON California lawmakers hope to keep momentum going with new immigration-related proposals Proposal would offer Medi-Cal to people who qualify regardless of immigration status. Democratic lawmakers will unveil a slew of new immigration-related proposals Tuesday, including measures that would extend state-paid health coverage to those in the country illegally and offer more protection against deportation. Legislators behind the 10-bill package aim to build on the landmark immigration laws passed in California in recent years, such as one that allows people without legal residency to obtain driver's licenses. By keeping...
  • $45 billion in tax dollars goes missing in Afghanistan

    04/05/2015 6:29:29 AM PDT · by Whenifhow · 29 replies
    Examiner ^ | April 4 2015 | Lawrence Lease
    Millions of dollars have disappeared from Afghanistan and the Special Inspector General for ..Reconstruction is placing the blame on the Pentagon’s mismanaged accounting practices for the problem. The SIGAR released the report Friday reporting that only 57% of the $795 million appropriated to CERP from 2002-2013 could be accounted for in terms of who was awarded contracts, and for how much money. The SIGAR report breaks down the $21 billion, by fund, into the highest-costing contracts & their recipients, from 2002 until May 2014. The CERP initiative “enables U.S. commanders in Afghanistan to respond to urgent humanitarian relief and reconstruction...
  • Republicans pass budgets in both House and Senate, trim $5.1 trillion in spending

    03/27/2015 7:17:26 AM PDT · by SeekAndFind · 27 replies
    Hotair ^ | 03/27/2015 | Ed Morrissey
    Remember when a disagreement between Republicans on the budget was “cataclysmic” for GOP claims to governance? Democrats last passed a normal budget resolution six years ago, but Republicans went all of seven days before both chambers finally passed budget resolutions. Our long national nightmare, at least as envisioned by Politico, is over: The Senate passed a Republican-authored budget plan early on Friday that seeks $5.1 trillion in domestic spending cuts over 10 years while boosting military funding.The 52-46 vote on the non-binding budget resolution put Congress on a path to complete its first full budget in six years. It...
  • Colorado prepares to refund tax revenues back to taxpayers for first time in nearly 15 years

    03/25/2015 1:29:54 PM PDT · by ThethoughtsofGreg · 12 replies
    American Legislator ^ | 3-25-15 | Ben Wilterdink
    Colorado taxpayers are very likely to get a break when they file their taxes next year as the state prepares to refund some tax revenues back to taxpayers for the first time in nearly 15 years. This is due to a provision in the state’s constitution, little known outside of Colorado, called the Taxpayer Bill of Rights, or TABOR. This provision is one of the most effective limits on both Colorado state spending and on state revenue collection. TABOR works by establishing a limit on how much tax revenue the state can collect in a given year. Generally, the cap...
  • Eligibility for public programs not properly checked, state review finds

    03/25/2015 5:26:03 AM PDT · by TurboZamboni · 1 replies
    star tribune ^ | 3-24-15 | chris serres
    A state legislative auditor’s report found that the Minnesota Department of Human Services (DHS) failed to ensure the eligibility of participants in large public assistance programs and that it did not always perform timely inspections of child care centers. The findings mirror those of other recent auditor reports and could fuel calls to reform the way state administrators verify eligibility for programs that together cost nearly $7 billion a year in federal money. For more than a decade, the legislative auditor has reported flaws in the way the state determines who qualifies for Medical Assistance, which provides health insurance to...
  • Minnesota GOP plan funds transportation with general fund, not tax hike

    03/24/2015 6:08:13 AM PDT · by TurboZamboni · 3 replies
    Pioneer Press ^ | 3-24-15 | David Montgomery
    Republican lawmakers on Monday proposed a $7 billion plan that they called an investment in transportation over the next decade. The proposal has some common ground with plans from leaders of the Democratic-Farmer-Labor Party, but big divisions remain. The parties are far apart on how much money a transportation plan should include, how much of it should go to Twin Cities metro-area mass transit and -- above all -- whether the plan should be paid for by raising taxes or cutting spending. DFL Gov. Mark Dayton and the Senate DFL majority each proposed their own plans in January. Their approaches...
  • Obama criticizes GOP’s budget in Ohio speech

    03/18/2015 2:42:36 PM PDT · by Jim Robinson · 7 replies
    Washington Post ^ | March 18, 2015 | By David Nakamura and Juliet Eilperin
    CLEVELAND — President Obama used this manufacturing hub — and important swing state — as the backdrop to draw a sharp distinction Wednesday with his Republican rivals over the economy, as both sides aim to frame the debate for the coming presidential race. The day after House Republicans unveiled their budget proposal — which would cut more than $5 trillion out of the federal budget over the next decade and balance the budget by cutting domestic programs — the president touted some of the very programs that would come under the GOP axe. Obama dismissed a House plan that “doubles...
  • The Lee-Rubio tax blueprint

    03/18/2015 12:48:39 PM PDT · by Tolerance Sucks Rocks · 22 replies
    The Washington Times ^ | March 17, 2015 | Allen West
    Republican Sens. Mike Lee of Utah and Marco Rubio of Florida have released a blueprint for federal tax reform called “The Economic Growth and Family Fairness Tax Plan.” First, we should not embrace the language of progressive socialism in believing tax reform should have as a goal to advance “family fairness.” The plan should simply be entitled “The American Growth and Opportunity Plan.” That said, the Lee-Rubio plan is a great improvement over the current system. For the individual tax structure, the plan introduces a two-tier system to replace the current seven tax brackets. This plan moves America from a...
  • House Republicans seek ObamaCare repeal, more defense $$ in new budget plan

    03/17/2015 10:06:41 AM PDT · by Jim Robinson · 8 replies
    FOX News ^ | March 17, 2015
    House Republicans, unveiling their first budget blueprint since the party took control of Congress, issued a sweeping spending plan Tuesday that calls for complete repeal of ObamaCare, major changes to Medicare and controversial moves to boost defense spending despite tight budget limits. GOP leaders say their budget would balance in less than 10 years, and in that time cut spending by $5.5 trillion compared with current projections. The spending plan stands little chance of ever being signed by President Obama, but makes clear that the party is not dialing back its ambitions despite a rocky start to the latest congressional...
  • Republicans try end-run around spending caps

    03/17/2015 7:30:52 AM PDT · by C19fan · 13 replies
    Politico ^ | March 17, 2015 | David Rogers
    The great Achilles heel in the House Republican budget Tuesday can be found in a blue-and-white chart, tucked away on page 40 and mapping out a 10-year path for the annual appropriations bills that keep the government operating. On the surface, it appears to keep faith with the spirit of the discretionary spending caps under the 2011 Budget Control Act, a major priority for many fiscal conservatives. But to get the votes of party hawks, the budget makes a sweeping end-run around the caps by declaring an additional $94 billion as emergency spending for the war against terrorism.
  • Obama's Budget Plan: Tax And Spend With A Vengeance

    03/16/2015 4:04:47 AM PDT · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 03/13/2015 | Staff
    Fiscal Policy: When the president released his budget in February, he said it was full of new ideas for the 21st century. But now we know it's just good old tax-and-spend liberalism.
  • Senate Democrats target sequesters, demand tax hikes, more spending

    03/12/2015 5:53:09 PM PDT · by jazusamo · 21 replies
    The Washington Times ^ | March 12, 2015 | S.A. Miller
    Emboldened by winning the shutdown showdown over homeland security, and poised to triumph on raising the debt limit, Senate Democrats set their sights Thursday on the budget sequesters, demanding that Republicans hike taxes and raise spending. It was a shot across the bow for Republican budget writers, who are set to unveil their proposals next week, which are expected to further slash spending and balance the budget in 10 years — slowing the growth of runaway national debt that currently tops $18 trillion. Senate Democrats insisted that keeping the automatic spending cuts would jeopardize the economic recovery, hurt the middle...
  • Minnesota Republican Party ads pitch giving surplus back

    03/11/2015 5:56:01 AM PDT · by TurboZamboni · 6 replies
    Pioneer Press ^ | 3-11-15 | rachel stassenberger
    The Minnesota Republican Party answered a complex Capitol budget question with a simple solution: Give it all back. With a print, television and online ad campaign, the party is proposing that lawmakers and the governor return all of the projected $1.9 billion surplus to taxpayers. 'The Republican Party of Minnesota says send it back -- send it all back," Party Chairman Keith Downey says in the ad. Downey, who is running for re-election to the party post this spring, said Tuesday he did not have a prescription for how he thought the nearly $1.9 billion should be returned. He declined...
  • Give it back(MN surplus)

    03/11/2015 5:29:21 AM PDT · by TurboZamboni · 10 replies
    mngop ^ | 3-11-15 | mngop
    Today the Republican Party of Minnesota held a press conference calling for Democrats to give back the nearly $2 billion state budget surplus to hardworking Minnesotans! That surplus belongs to Minnesotans and the Democrats should give it back, not spend it. That's roughly $350 per every Minnesotan. The Democrats raised taxes by an unnecessary $2 billion, and now state government has a nearly $2 billion surplus, which they are proposing to spend! On top of that, Democrats are actually proposing to raise taxes another $6 billion on top of the $2 billion surplus!
  • The Ferguson Kleptocracy

    Ferguson has allowed its focus on revenue generation to fundamentally compromise the role of Ferguson’s municipal court. The municipal court does not act as a neutral arbiter of the law or a check on unlawful police conduct. … Our investigation has found overwhelming evidence of minor municipal code violations resulting in multiple arrests, jail time, and payments that exceed the cost of the original ticket many times over. One woman, discussed above, received two parking tickets for a single violation in 2007 that then totaled $151 plus fees. Over seven years later, she still owed Ferguson $541—after already paying $550...
  • The DFL Party and the culture of corruption

    03/07/2015 1:37:45 PM PST · by TurboZamboni · 7 replies
    Start Tribune ^ | 3-6-15 | David Hann
    If you picked up a Star Tribune last weekend, you might have read two seemingly unrelated stories. On Saturday, news of a $1.9 billion surplus, with the state budget growing to $42.5 billion for the next two years (“Surging surplus raises the stakes, Feb. 28). On Sunday, a solid piece of investigative journalism about political cronyism on the Iron Range (“Range agency deep into DFL politics, pockets,” March 1). What if these two stories were related? Researchers at Indiana University published a study last year that explored the impact of public officials’ corruption on the size and allocation of state...
  • Northstar Commuter Rail Ridership has Dropped, Costs Remain

    03/04/2015 5:29:27 AM PST · by TurboZamboni · 15 replies
    kstp ^ | 3-3-15 | jay kolls
    New numbers show that Northstar Commuter Rail Line ridership is down and, after five years of operation, an important goal has not yet been met. Metro Transit numbers show ridership in 2014 was down 8 percent for weekday rides. In 2008, Metro Transit had a goal of removing 5,000 cars from the road by encouraging commuting on Northstar. However, only about 2,500 commuters ride during the week, which is well below the goal set seven years ago. Taxpayers paid $315 million to build the Northstar system. Approximately $15 million each of the five years it's been running for operations and...
  • California was warned of computer system’s troubles

    02/25/2015 7:04:18 PM PST · by Mariner · 14 replies
    Before the panicked phone calls and the embarrassing state audit, Ganesh Kumar knew the BrEZe computer program would flop. For seven years, Kumar has worked at the Board of Registered Nursing’s call center where he uses computer data to answer questions when nurses, nurse practitioners and nursing school graduates want to know the status of their license applications or renewals. So Kumar was all for it when Department of Consumer Affairs officials six years ago announced a new $28 million, off-the-shelf computer program, BrEZe, would replace obsolete, narrow systems used by the board and most of the other 39 regulatory...
  • Obama threatens to veto GOP education reform bill

    02/25/2015 6:37:14 PM PST · by Tolerance Sucks Rocks · 12 replies
    The Washington Examiner ^ | February 25, 2015 | Brian Hughes
    President Obama would veto the House Republican plan to overhaul the controversial No Child Left Behind law, his administration said Wednesday. The GOP plan, known as the Student Success Act, “represents a significant step backwards in the efforts to help all of the nation's children and their families prepare for their futures,” said the Office of Management and Budget in a statement of administration policy. The bill “abdicates the historic federal role in elementary and secondary education of ensuring the educational progress of all of America's students, including students from low-income families, students with disabilities, English learners and students of...
  • Democrats, Republicans blaming each other as Homeland Security funding debate continues

    02/22/2015 11:20:07 AM PST · by Cringing Negativism Network · 6 replies
    Cleveland.com ^ | February 22, 2015 at 8:35 AM | Ray Jablonski, Northeast Ohio Media Group
    The House passed a bill that would keep the Homeland Security Department running, but defunds President Obama's executive order last year many Republicans said was an unconstitutional executive overreach, The Washington Post reported.
  • VIDEO: How Big Government Makes a Criminal of Every American

    02/10/2015 2:03:02 PM PST · by ThethoughtsofGreg · 34 replies
    American Legislator ^ | 2-10-15 | Paige Lafortune
    Listen to the stories of Bobby Unser, a three-time Indianapolis 500 champion who was charged with committing a crime in his fight to survive, and Mr. and Mrs. Denicore, a couple who fought back when facing charges for their children’s tardiness at school. For Bobby Unser and his friend, a fun day of snowmobiling turned into a nightmare when a storm hit and they were forced to abandon their vehicles to wander the terrain in temperatures as low as negative 14 degrees Fahrenheit. After surviving and waking up in a hospital, Unser sought out the location of the snowmobiles and...
  • Pentagon spent $504,816 on Viagra last year

    02/09/2015 7:59:22 AM PST · by KeyLargo · 45 replies
    FoxNews.com ^ | Feb 9, 2015 | Elizabeth Harrington
    Spending Pentagon spent $504,816 on Viagra last year By Elizabeth Harrington Published February 09, 2015 Washington Free Beacon The Department of Defense (DoD) spent more than a half a million dollars on the male enhancement drug Viagra last year, according to government contracts. The Pentagon issued 60 contracts worth$504,816 for the drug in 2014. All 60 contracts were awarded to Cardinal Health Inc., a pharmaceutical distribution company based in Dublin, Ohio. Last year DoD also ordered $3,505 worth of Levitra, and $14,540 of Cialis, other popular erectile dysfunction drugs. The contracts were filed under "Troop Support."
  • Obama Never Learns, Even After Six Years He Doesn’t Know What to Do

    02/08/2015 9:57:55 AM PST · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 02/08/15 | Jerry McConnell
    No more tax increases; No more unnecessary spending; No more government growth. Those three items would take care of illegal aliens and gifts to foreign countries that have sworn to dislike and even hate us The elections that took place in November 2014 must have told the Socialist Democrats in Congress and the anti-Christian, pro Islam Obama Administration that the great majority of the country’s citizens are fed up with ever-increasing taxes, mindless and killing profligate spending and more growth in deficit creating, and Obama-welfare-type government. Why is it that the simple message of “NO” sent by the voters in...
  • Obama's Budget Is Dead on Arrival

    02/04/2015 11:11:53 AM PST · by SeekAndFind · 6 replies
    Townhall ^ | 02/04/2015 | Donald Lambro
    WASHINGTON -- President Obama wants Americans to foot the bill for the first $4 trillion budget in U.S. history, which will drive our country ever more deeply into debt. This isn't all that's at stake in the fiscal 2016 budget he sent Congress on Monday. It calls for major new taxes on our fragile economy that will hurt America's businesses, stunt wage growth and further weaken job creation. Obama made it crystal clear in his first year in office that raising federal spending was at the core of his presidency. And he's kept that promise. In 2009, his first year...
  • Obama’s Big Fat Greek Budget: His debt is Your Children's Future

    02/04/2015 9:14:48 AM PST · by SeekAndFind · 14 replies
    FrontPage Mag ^ | 02/04/2015 | Daniel Greenfield
    In a speech at the Department of Homeland Security, Obama declared that he wants to “replace mindless austerity with smart investments that strengthen America”. Those “smart” investments scattered across a gargantuan $4 trillion budget include a $500 million Green Climate Fund for the Third World and $105 million to help the government build better websites. Obama is fond of putting the word “smart” in front of stupid ideas to make them seem less stupid. The $4 trillion budget is actually as stupid as the new left-wing Greek government elected on a platform of not paying its debts. This new government...
  • Obama says he won’t accept budget that doesn’t raise spending

    02/02/2015 9:39:07 AM PST · by jazusamo · 61 replies
    The Washington Times ^ | January 2, 2015 | Stephen Dinan
    President Obama said Monday he will reject any budget from Congress that doesn’t boost spending on both defense and his own domestic priorities, saying the spending “sequesters” need to go. “America can’t afford being short-sighted and I’m not going to allow it,” the president said while speaking at the Homeland Security Department as he released his $4 trillion budget for fiscal 2016. His budget calls for boosting discretionary spending by more than 6 percent, and raising taxes to pay for it. Those proposals have been panned on Capitol Hill, where Republicans control both the House and Senate and have rejected...
  • Obama sends Congress $4T budget replete with new spending, taxes

    02/02/2015 9:06:17 AM PST · by SeekAndFind · 18 replies
    Fox News ^ | 02/02/2015
    President Obama sent Congress an ambitious budget plan Monday that includes a half-trillion-dollar public works program and an array of tax increases meant to fund a host of other agenda items -- in what Republicans are ripping as a tax-and-spend document that does little to restrain the soaring $18 trillion debt. The president's $4 trillion budget hinges on what Obama calls "middle-class economics," seeking tax breaks for many Americans while imposing increases on top earners, corporations and particularly the financial sector. Referring to proposed spending on everything from roads to education initiatives, Obama said, "We can afford to make these...
  • Obama proposes $3.99 trillion budget, sets up battle with Republicans

    02/02/2015 8:26:02 AM PST · by SeekAndFind · 20 replies
    Reuters ^ | 02/02/2015 | JEFF MASON
    President Barack Obama on Monday proposed a $3.99 trillion budget for fiscal year 2016 that sets up a battle with Republicans over programs to boost the middle class that are funded by higher taxes on corporations and wealthy Americans. The budget foresees a $474 billion deficit, which is 2.5 percent of U.S. gross domestic product. It projects deficits stabilizing at that rate over a 10-year period, senior administration officials said. Obama's budget fleshes out proposals from his State of the Union address last month and helps highlight Democratic priorities for the last two years of his presidency and the beginning...
  • Obama "Engages In Envy Economics": Proposes Offshore Profit Tax To Fund Public Spending

    02/01/2015 11:08:27 AM PST · by SeekAndFind · 13 replies
    Zero Hedge ^ | 02/01/2015 | Tyler Durden
    Just as AAPL stock hits record highs and single-handedly rescues Q4 earnings from the doldrums, it appears President Obama is bringing his own brand of 'middle-class-economics' Robin-Hood-iness to crush the 'wealth generating' machine that has served America's 1% so well for so long. As AP reports, The White House plans a six-year half a trillion dollar public works program financed with a one-time mandatory tax on profits that U.S. companies have amassed overseas. Under current law, profits only face federal taxes if they are returned, or repatriated, to the US; but Obama's new deal would set a tax on...
  • Thanks Obamacare: This Is What Americans Spent The Most Money On In Q4 2014

    01/30/2015 8:07:09 AM PST · by SeekAndFind · 9 replies
    Zero Hedge ^ | 01/30/2015 | Tyler Durden
    If readers need clarification on what was the primary source of spending-based "growth" for the US economy in the fourth quarter, the same source that bumped up final Q3 GDP from 3.9% to 5.0%, please ping us: we will gladly explain the chart below.  And just in case it is still unclear what Americans are spending their "gas sasvings" on, here it is one more time.And just in case the fading impact of Obamacare is not already priced in, here is what Q4 inventories did: rising by $113.1 billion in Q4, this was the second highest quarterly increase in...
  • Obama Wants End to 'Mindless Austerity' in 2016 Spending Plan [He suggested sequester, now opposes]

    01/30/2015 5:04:43 AM PST · by SoFloFreeper · 13 replies
    The statement said the automatic spending cuts, known in Washington as "sequestration," had hurt the U.S. economy and its military. Obama, the White House said, will seek to "fully reverse" cuts in domestic spending while providing equal spending boosts for military and national security programs.
  • ‘Use It or Lose It’ Spending Accounts May Be Cut (another Obama tax hike)

    01/27/2015 2:52:51 PM PST · by KingofZion · 10 replies
    Wall Street Journal ^ | January 27, 2015 | Karen Damato
    Moves in Washington may curtail the availability of workplace “flexible spending accounts” for medical and child-care expenses. FSAs can allow families to set aside thousands of dollars of their salaries each year to pay qualifying expenses without that pay ever being subject to federal income tax. If a family in the 33% marginal tax rate sets aside $5,000, for instance, it could save $1,650 in U.S. tax. Still, many families have a love-hate relationship with these benefit programs. Creating anxiety are the “use it or lose it” terms: Employees often have to guess at future expenses, and they forfeit some...
  • CBO: Deficits To Explode As Obama Leaves Office

    01/26/2015 2:40:13 PM PST · by jazusamo · 42 replies
    Townhall.com ^ | January 26, 2015 | Conn Carroll
    Federal deficits may have been falling since the end of the recent recession, but thanks to spending increases in major health care programs, including Obamacare, deficits are set to explode in 2017, according to a new report by the Congressional Budget Office. Thanks to the recent recession and President Obama's trillion dollar stimulus, the federal budget deficit reached an all time $1.4 trillion high in 2009. Then, as the economy slowly improved and Obama's stimulus trickled to end, the deficit began to fall. According to the CBO, the deficit will continue to fall to $467 billion in 2016. Immediately...
  • Obama Wants Huge Spending Hike As Debt Tops $18 Trillion

    01/19/2015 6:18:17 AM PST · by SeekAndFind · 12 replies
    IBD ^ | 01/19/2015
    President Obama's budget for next year will call for a $68 billion boost in spending. It's just another in a line of fiscally irresponsible plans that have been the hallmark of this administration. Obama's official budget plan won't come out until Feb. 2, but he's already leaked the fact that he wants a 7% boost in discretionary programs above the spending caps he agreed to in exchange for getting his tax hikes. He'd split the money evenly between national security and domestic programs. In Obama's mind, more spending only makes sense, since deficits have been tumbling in recent years —...
  • Conservatives start new push for 'balance[d]' [budget amendment] in the Constitution

    01/18/2015 4:42:25 AM PST · by Cincinatus' Wife · 22 replies
    The Hill ^ | January 18, 2015 | Rebecca Shabad
    Conservatives in Congress are reviving the push for a balanced-budget amendment to the Constitution now that Republicans control both houses of Congress. GOP lawmakers in both chambers have filed several amendment proposals in the early days of the congressional session, breathing new life into an issue that had faded somewhat from the agenda. “I came here with a clear mission: work to get a balanced budget and do my best to reduce the size and scope of government, so that our small businesses and farm families can grow and create jobs,” said Freshman Rep. David Rouzer (R-N.C.) in a recent...
  • Feds Spend $499,880 to Teach Doctors How to Talk to Fat Kids

    01/17/2015 12:12:36 PM PST · by Tolerance Sucks Rocks · 48 replies
    The Washington Free Beacon ^ | January 16, 2015 | Elizabeth Harrington
    A new project from the National Institutes of Health (NIH) is using computer simulated training sessions to teach doctors in Minnesota how to talk to fat kids.The nearly $500,000 study using “virtual role play” to coach doctors is the latest attempt by the federal government to combat obesity.“Obesity in the United States is at historically high levels and is an important health problem,” the grant for the project states. “Interventions targeting children are a high priority because children bear the greatest lifetime health risk from overweight and obesity.”“Health professionals in primary care settings are influential in the lives of families,”...
  • Obama: Federal government not big enough; will increase budget by 7% next year

    01/16/2015 7:00:21 AM PST · by SeekAndFind · 12 replies
    American Thinker ^ | 01/15/2015 | Rick Moran
    President Obama wants to toss the sequestration agreement he made with Republcians in 2011 and is proposing an increase of at least $68 billion in the FY 2016 budget. As imperfect as it is, sequestration has been partly successful in reigning in government spending. It could have worked better if Congress wasn't always carving out exemptions. But there's no doubt that there are tens of billions of dollars that would have been spent without it. With tax receipts at an all time high, rather than applying that money to reducing the deficit, the president - as every Democratic president...
  • Martin O’Malley: ‘My feelings were hurt’ by Maryland voters

    01/10/2015 9:11:37 PM PST · by Tolerance Sucks Rocks · 14 replies
    The Washington Times ^ | January 9, 2015 | S.A. Miller
    Maryland Gov. Martin O'Malley said Thursday that he’s still “seriously considering” a run for president but admitted that he was rattled when voters rejected his hand-picked Democratic successor in favor of Republican Larry Hogan. “I can tell you my feelings were hurt,” Mr. O'Malley said in a speech at the University of Chicago, CNN reported. “We had done a lot of really good things in Maryland and in the end, you did not hear much about it during the campaign,” Still, he acknowledged, “I was on the ballot.” Mr. Hogan won a stunning upset victory over Lt. Gov. Anthony Brown,...
  • High GDP Numbers for Q3? We Can Thank Obamacare and Forced Consumer Spending

    12/25/2014 7:39:51 AM PST · by Son House · 25 replies
    Examiner.com ^ | December 23, 2014 | Kenneth Schortgen Jr
    The revision which helped create last quarters incredible growth was the forced mandatory costs incurred by the American people from the Affordable Care Act (Obamacare), which accounted for two-thirds of the entire boost in consumer spending. Consumer spending, as opposed to the recording of revenues from actual production and industry which used to be the primary components of economic growth in America, on average accounts for more than 70% of the entire Gross Domestic Product. And if you took out payments made by the American people towards mandatory government healthcare, GDP may have been in negative growth for last quarter,...
  • Sessions Will Not Be Senate Budget Committee Chairman [satire]

    12/24/2014 9:55:20 AM PST · by John Semmens · 6 replies
    Semi-News/Semi-Satire ^ | 19 Dec 2014 | John Semmens
    Sen. Jeff Sessions (R-Ala) will not be the incoming chairman of the Senate Budget Committee. He has been pushed aside in favor of Sen. Mike Enzi (R-Wyo) despite having served as the top Republican on the committee for the past four years. “It came down to a simple question of who was acceptable to President Obama,” Senate Majority Leader Mitch McConnell (R-Ken) said. “While Senator Sessions has served competently while our Party was in the minority, the President has made it clear that someone more agreeable must man this vital post going forward.” “The time for contesting the priorities of...
  • Congress’ Big Spending Bill Covers Bullets, Cow Farts, and Chinese Chickens

    12/13/2014 8:24:01 AM PST · by HomerBohn · 21 replies
    Financial Times ^ | 12/11/2014 | Rob Garver
    Barring any last-minute glitches — admittedly, no small concern — the House of Representatives will vote sometime Thursday on an omnibus spending bill that takes the place of 11 out of the 12 appropriations bills that Congress, were it working under regular order, would have produced this year. The 1,603-page bill, which was only made public late Tuesday, will fund the majority of the government through the end of this fiscal year in September. The exception is the Department of Homeland Security, which will be funded by a temporary continuing resolution (CR) so that Republicans, when they have control of...
  • Senate pushes to Monday vote on $1.1 trillion spending bill

    12/12/2014 9:29:41 PM PST · by tcrlaf · 20 replies
    CNN ^ | 12-12-2014 | Ted Barrett and Faith Karimi
    After hours of debate on the massive government spending package, the Senate adjourned until Saturday, pushing a fight that dominated Congress for days into the weekend. The Senate is expected to vote Monday on the $1.1 trillion package, which has already passed the House, Sens. Mitch McConnell and Barbara Mikulski said late Friday. Members from both parties in the Senate are trying to make last-minute changes to the bill. Senate Majority Leader Harry Reid made a procedural move Friday that would set up a vote on final passage in the Senate no later than Monday. In a surprise development, the...
  • State School Board Cites Funding 'Facts' That Ignore Billions in Spending

    12/12/2014 8:40:48 AM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 12/10/2014 | Tom Gantert
    A Nov. 12 memo by State Board of Education President John Austin cited a report issued by a liberal think tank to support the claim that Michigan schools are receiving less money. Austin now says he will "take a look at” the report he cited, which fails to account for billions of dollars that Michigan schools receive. The analysis from the Center on Budget and Policy Priorities failed to include about $10 billion of the $19.6 billion from different revenue sources that comprise the annual public school budget. The report also ignores several billion dollars directly from state sources. In...
  • Pelosi 'enormously disappointed' in Obama

    12/12/2014 1:49:56 AM PST · by Libloather · 21 replies
    The Hill ^ | 12/11/14 | Mike Lillis
    In a rare break from President Obama, Rep. Nancy Pelosi (D-Calif.) blasted the White House on Thursday for putting its weight behind the $1.1 trillion government funding package. In a speech decrying the “cromnibus” on the House floor, Pelosi, the minority leader, noted that Republican defections have given the Democrats significant leverage in the debate and wondered why the White House wouldn't use that power to fight the conservative policy riders that have sparked the Democrats' outcry. “I'm enormously disappointed that the White House feels that the only way they can get a bill is to go along with this,”...
  • Dem: Don't be intimidated by Obama (Mad Maxine goes off)

    12/12/2014 1:44:24 AM PST · by Libloather · 5 replies
    The Hill ^ | 12/11/14 | Mike Lillis
    Liberal House Democrats are fighting tooth and nail against President Obama over the fate of an enormous year-end government spending bill. With just hours to go before a scheduled government shutdown, the Democrats launched a lobbying blitz to counter calls made by Obama and other White House officials urging passage of the bill. Leading the charge was Rep. Maxine Waters (Calif.), the senior Democrat on the House Financial Services Committee, who is up in arms over the face that Obama has agreed to accept a GOP rider to undo parts of the 2010 Wall Street reform law as part of...