Posted on 11/06/2008 6:12:42 AM PST by Zakeet
During their campaigns for the White House and Congress, Democrats played up their ambitious plans to cool a warming planet, revive the economy and fix a broken health care system.
But House Speaker Nancy Pelosi, in her first news conference since the party's big election victory, warned Wednesday that Democrats might have to scale back the size of their proposals as tax revenues slow and federal budget deficits soar because of a sluggish economy.
"I think it's important for the American people to know that many of our options have been diminished because of the downturn in the economy," Pelosi said. "We have a lot less money to draw upon."
It would not be the first time that campaign pledges have succumbed to cold, hard fiscal reality. But the current budget picture is especially gloomy: The Treasury Department reported that it will have to borrow $550 billon this quarter to pay for the rescue of U.S. financial firms. Wall Street bond traders now predict the United States will have to borrow $1.4 trillion this fiscal year and that the budget deficit could reach $1 trillion.
(Excerpt) Read more at sfgate.com ...
It didn't take the Rats long.
well the “change” lasted all of a day.
WHAT!!! No free tuition, room, and board? It must be the Conservatives fault!
And so it has begun...
I already know people who are making excuses for him and saying they know he’s not going to be able to do all of the things he promised because of Bush and the state of our economy because of him.
LOL maybe I should pass duct tape out today to moon bat Liberals. Hey Obama, duct tape access for All!
I can’t wait until the Demonrats show us their mastering of foreign policy!
“I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless;
this was the moment when the rise of the oceans began to slow and our planet began to heal;
this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on earth.
This was the moment—this was the time—when we came together to remake this great nation so that it may always reflect our very best selves and our highest ideals.”
Imagine that, socialists breaking their promises. Who would have thunk it.
needs to be a bumper sticker!!!!
The Rats did not have a BIG election victory. They just had a victory.
I want my MTV
“uh...um..the...those..those promises I made during all those soaring speeches — well, uh...um...we...I.. I can’t follow up because BUSH made us too poor to do it. So blame him!”
Sorry, Nanny, expectations are high, deliver to your voters now.
Who in the heck is gonna pay for my house and gas now?????
Hey “0”....my hands out and you promised me free-stuff!!!!
Socialism RIP
11-04-08 / 11-05-08
We Hardly Knew Ya
As the mother of a college freshman, that's the handout I am waiting for!!!!!
Spread the Wealth!
In the end I am sure it will be deemed that since my son is a "middle class" white boy, I won't qualify.
The most glaring problem is going to be foreign crises. 0bama is going to sell us and Israel out. We are in for tough times and they can blame Bush all they want, but they put a radical incompetent in office that will bring even more suffering.
During their campaigns for the White House and Congress, Democrats played up their ambitious plans to cool a warming planet, revive the economy and fix a broken health care system. But House Speaker Nancy Pelosi, in her first news conference since the party’s big election victory, warned Wednesday that Democrats might have to scale back the size of their proposals as tax revenues slow and federal budget deficits soar because of a sluggish economy.
The Dems have a free pass from the MSM.
If anything doesn’t work out, it’s Bush’s fault.
If something goes right, (and very little will), it will be totally the doing of Obama the savior, (p*ss be upon him).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.