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Keyword: spending

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  • School Districts Spends $16,400 Per Student; Union Blames Lack Of Funding For Toilet Paper Shortage

    03/11/2013 12:22:59 PM PDT · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 3/7/2013 | Tom Gantert
    The Michigan Education Association blames a supply shortage in the Pontiac School District on “education funding cuts.” State Rep. Tim Greimel, D-Auburn Hills, said education funding cuts also left Pontiac without basic supplies, including toilet paper. But the claims don't stand up to the district’s own explanation of why it has been in deficit since 2008-09 and ignores the pattern of overspending the district has been engulfed in for the past decade. Pontiac had a $24.5 million deficit in 2010-11. By law it was required to submit a deficit elimination plan to the state of Michigan explaining how it would...
  • Obamas' Cost of Living in the White House: $1.4 Billion a Year (Proof he Thinks he's king)

    03/11/2013 8:28:52 AM PDT · by Kaslin · 29 replies ^ | March 11, 2013 | Katie Pavlich
    As Carol touched on yesterday, while the White House keeps its doors closed to the people under the guise of "devastating sequestration," First Lady Michelle Obama is preparing for her glitzy 50th birthday party with performances by Adele and Beyonce. Although the party is being touted as private and therefore paid for by the Obamas, taxpayers will still have to foot the bill for secret service and other accommodations at the White House for the event. Meanwhile, President Obama just held a fancy dinner for Republicans just six blocks away from the White House and of course he took his...
  • Economic Mirages: House Prices, Unemployment, Stimulus Spending and Sequesteria

    03/10/2013 10:13:57 AM PDT · by whitedog57
    Confounded Interest ^ | 03/10/2013 | Anthony B. Sanders
    The sequesteria (irrational fear of sequestration) continues. For example, Newark Mayor Cory Booker claims that the sequester “is brunt, brutal and blind.” The Obama Administration suspended tours of the White House “because of sequestration.” George Mason University City and Regional Planning Professor Stephen Fuller claims that 2.14 million jobs could be lost because of the sequester. Now, take a deep breath. * Sequestration reduces the rate of increase in federal spending. It does not cut a penny of actual spending. * Under the sequester, total federal spending goes up, just by less than it would have gone up without sequestration....
  • House GOP leaders blindsided by defections on spending vote (Commiecare™ mentioned)

    03/10/2013 3:52:18 AM PDT · by Libloather · 7 replies
    The Hill ^ | 3/10/13 | Molly K. Hooper
    House Republican leaders have a new problem. They can’t count on their members to support them on procedural votes. Sixteen Republicans defected Wednesday in a vote on the rule governing consideration of a government-funding bill meant to prevent a government shutdown. The defections could have caused the rule to fail since most Democrats voted also voted against it. Even more striking? Seven of the Republicans who voted against the rule then voted for the funding bill. Votes on rules are supposed to be party-line and serve as tests of a caucus’s unity. So it was disconcerting for leaders to see...
  • $85 Billion Worth of "Victims," Incalculable Prosperity for America

    03/08/2013 10:44:55 AM PST · by jfd1776
    Illinois Review ^ | March 8, 2013 A.D. | John F. Di Leo
    The 2013 spending cuts known to horror fans everywhere as “The Sequester” are not really spending cuts, because the Continuing Resolution form of government financing allows annual increases of over $85 billion per year. These adjustments of the automatic budget increases are therefore only a cut in the rate of growth, which, anywhere but the Bizarro World in which we now live, would still be called spending increases. Still, the WAY in which the money is being cut will have victims in the short term. -) There are government agencies that hired too many people because they thought they’d have...
  • Boehner-Obama Deals Produce $2.5T New Debt in 2 Years; $21,817 Per Household

    03/08/2013 7:09:01 AM PST · by illiac · 9 replies ^ | 3/7/13 | Terrence P Jeffrey
    ( - The federal debt has increased $2.5 trillion over the past two years, during a time when federal spending has been governed by a series of deals cut between Republican House Speaker John Boehner and Democratic President Barack Obama. Boehner became speaker on Jan. 5, 2011, when the 112th Congress began its first session. At that time, the federal government was operating under a continuing resolution (CR) passed on Dec. 21, 2010 by the previous Congress. On March 1, 2011, Boehner and Obama made their first spending deal to provide funding for the government after the then-current CR expired...
  • Tell Obama To Put Up Or Shut Up On The Budget

    03/08/2013 4:45:21 AM PST · by IBD editorial writer · 4 replies
    Investor's Business Daily ^ | 03/07/2013 | IBD Staff
    Budget: Now that President Obama's anti-sequester PR campaign has imploded, he's trying to sucker the GOP into a tax-hiking "grand bargain." They should refuse, and instead demand Obama produce his own budget. For months Obama traveled around the country warning that disaster lay ahead if Republicans refused to replace the $84 billion in sequester cuts with more taxes. Their obstinacy, he said, would cause a "series of dumb, arbitrary cuts" that would throw people out of their homes, deny women access to preventive care, cause monumental flight delays, and on and on. Obama's scare tactics failed to sway the public,...
  • A Pop Quiz About Federal Spending That May Surprise You (Are you really a high information voter?)

    03/05/2013 7:35:23 AM PST · by SeekAndFind · 29 replies
    RCM ^ | 03/05/2013 | Henry Aaron
    Some years ago, former Senator and one-time Harvard professor Daniel Patrick Moynihan remarked, "It isn't what you don't know that hurts you. It's what you know that isn't so." In that spirit, readers: here is a short quiz. Please don't worry. The quiz is short. You won't be graded. And you may be surprised. Question 1: The federal government is spending a larger share of national income than at any time since World War II - true or false? Question 2: The federal government is collecting a larger share of national income in taxes than at any time since World...
  • US calls out UN diplomats for coming to budget meetings drunk

    03/04/2013 8:14:13 PM PST · by TurboZamboni · 10 replies
    Fox ^ | 3-4-13 | AP
    UNITED NATIONS --The United States thinks the United Nations has a drinking problem. Ambassador Joseph M. Torsella, who represents the U.S. on the U.N.'s budget committee, said Monday that the tense process of negotiating the world body's annual budget is made more complicated by the number of diplomats who turn up drunk. The U.N. budget is finalized in December, when holiday parties apparently lead to some revelry spilling over into budget negotiations
  • Senator: Obama's Golf Weekend With Tiger Cost As Much As 341 Federal Workers Furloughed

    03/01/2013 12:53:02 PM PST · by SoFloFreeper · 15 replies
    Weekly Standard ^ | 3/1/13 | Daniel Halper
    "There is nothing just or virtuous about protecting a stale welfare state that is failing the people it is supposed to help." In a sharply written statement, Senator Jeff Sessions of Alabama blasts President Obama for campaigning and not governing. He calls Obama's response to the sequestration "the most cynical behavior I have seen during my time in Washington." Adds the senator, "Replacing the sequester would require the President to save $85 billion out of a $3,500 billion federal budget. One would think that any President would leap at the opportunity to make government more effective and responsive. But what...
  • Boehner says unwilling to talk about raising U.S. revenues

    03/01/2013 9:09:58 AM PST · by xzins · 84 replies
    Reuters ^ | Fri Mar 1, 2013 11:25am EST | Reuters
    House of Representatives Speaker John Boehner ruled out tax increases as a way to address the nation's deficit after talks with President Barack Obama on budget cuts set to take effect later on Friday. "The discussion about revenue, in my view is over. It's about taking on the spending problem," Boehner said
  • Will Dems’ budget blackmail strategy backfire?

    03/01/2013 6:39:27 AM PST · by Moseley · 9 replies
    BIZ PAC Review (West Palm Beach, Florida) ^ | March 1, 2013 | Jonathon Moseley
    “Buy this magazine or the dog gets it!” screamed the National Lampoon magazine cover for January 1973, showing a gun to a dog’s head. Today, President Barack Obama is nakedly threatening to harm the country and the American people if he has to slow spending. Democrats have a gun to the heads of American families. They are threatening to pull the trigger if they have to give up their spending addiction. While these tactics are old, they are not normally acted out so poorly. What’s new is that Obama is being so obvious that everyone is noticing. The Democrats are...
  • Henninger: The Obamaian Universe

    02/28/2013 7:00:43 AM PST · by SeekAndFind · 10 replies
    Wall Street Journal ^ | 02/28/2013 | Daniel Henninger
    It may be that we have to move beyond politics alone to explain events in Washington. We are in the fifth year of the Obama presidency, and Washington is still dead in the water. Four straight years in which the government of the United States of America fails to enact a budget is, well, amazing. The sense is growing around Washington, and this increasingly includes Democrats, of living in an alternative universe. Barack Obama gives his State of the Union speech, the sequester looms, and the president flies around the country giving speeches. He's had virtually no contact on the...
  • Democrats' Budget Blackmail: Uncle Sam wants 5th sticky bun or he'll burn your house down

    02/27/2013 8:22:10 PM PST · by Moseley · 25 replies
    February 27, 2013 | Jonathon Moseley
    “Buy this magazine or the dog gets it!” screamed the National Lampoon magazine cover for January 1973, showing a gun at a dog’s head. Today, President Barack Obama is nakedly threatening to harm the country and the American people if he has to slow spending. Democrats have a gun at the heads of American families. They are threatening to pull the trigger if they have to give up their spending addiction. While these tactics are old, they are not normally done so badly. What’s new is that Obama is being so obvious that everyone is noticing. The Democrats are bungling...
  • The Malignancy in Federal Medical Research

    02/27/2013 4:23:05 PM PST · by Kaslin · 3 replies ^ | February 27, 2013 | Terry Jeffrey
    When George W. Bush was stumping as a "compassionate conservative" in the closing days of the 2000 presidential campaign, he went to Florida and repeated a campaign promise to double the funding for the National Institutes of Health. "I will lead a medical moon shot to reach far beyond what seems possible today and discover new cures for age-old afflictions," Bush said. After he won Florida by a famously narrow margin -- and thus was elected president despite losing the nationwide popular vote -- Bush basically made good on his funding promise. In fiscal 2000, the NIH spent $15.415 billion;...
  • CO: Secret energy lab spawns million dollar govt employee

    02/25/2013 8:29:39 AM PST · by Lorianne · 6 replies
    Watchdog ^ | 24 November 2012 | Tori Richards (Watchdog)
    (Watch Dog) – The federal government’s dream of a renewable energy empire hinges on a scrubby outpost here, where scientists and executives doggedly explore a new frontier. If you live outside Colorado, you probably haven’t heard of the National Renewable Energy Laboratory – NREL for short. It’s the place where solar panels, windmills and corn are deemed the energy source of the future and companies who support such endeavors are courted. It’s also the place where highly paid staff decide how to spend hundreds of millions in taxpayer dollars. And the public pays those decision-makers well: NREL’s top executive, Dr....
  • Congressman Takes No [Bleep] From Obama

    02/27/2013 2:17:00 PM PST · by KeyLargo · 13 replies
    American Spectator ^ | Feb 27, 2013 | Quin Hillyer
    Congressman Takes No [Bleep] From Obama Quin Hillyer Sophomore U.S. Rep. Mike Pompeo, R-Kansas, graduated first in his class at West Point, graduated from Harvard Law School, had a hugely successful career in the aerospace industry, and also has a think-tank background. He may be a seriously rising star. Anyway, he put out a self-explanatory press release that is a beauty to behold. Today, White House Spokesman Jay Carney asked during a press briefing what Congressman Mike Pompeo, R-Kansas, would say to defense workers facing furlough because of the President’s sequester plan. The following is his statement: “Mr. Carney doesn’t...
  • The Sequester Revelation: Obama has the legal power to avoid spending-cut damage

    02/27/2013 7:35:26 AM PST · by SeekAndFind · 11 replies
    And when the Republicans opened the seventh seal of the sequester, there was a great earthquake; and the sun became black and the stars fell unto the Earth; and our nation's ability to forecast severe weather, such as drought events, hurricanes and tornados, was seriously undermined. Lo, and the children were not vaccinated, and all the beasts starved in the zoos, and the planes were grounded. ______________________________ Or so President Obama and his Cabinet prophets have been preaching ahead of the automatic budget cuts due to begin Friday. The bit about the weather is a real quote from the White...
  • Obama’s Fear of Spending Cuts

    02/27/2013 6:49:17 AM PST · by SeekAndFind · 10 replies
    National Review ^ | 02/27/2013 | Michael Tanner
    According to President Obama, the $62 billion in new taxes this year imposed as part of the fiscal-cliff deal will have no effect on economic growth. In fact, the president believes that he can safely impose another $58 billion in tax increases to replace spending cuts from the upcoming sequester. And, of course, Obamacare’s almost $42 billion in new taxes (and regulations) in 2013 don’t have any impact on hiring or investment. But, the president says, the $44 billion in cuts this year resulting from the sequester will throw the U.S. economy back into recession. The president seems to labor...
  • To Cut Government Spending, Lay Off the Loafers

    02/26/2013 6:25:19 AM PST · by SeekAndFind · 22 replies
    RCM ^ | 02/26/2013 | Diana Furchtgott-Roth
    WASHINGTON-With the sequester scheduled for March 1, everyone is looking for ways to save money. How about cutting the employees the federal government pays not to work for Uncle Sam? In a new report issued earlier this month, the Office of Personnel Management announced that the federal government paid over $156 million in 2011 for some of its employees to work as representatives for government unions, up from $139 million in 2010 and $129 million in 2009. In government language that would make George Orwell smile, the time that federal workers spend working for their unions and not working for...