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Keyword: budget2012

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  • The Presidential Divider

    04/14/2011 4:40:44 AM PDT · by NCjim · 22 replies
    Wall Street Journal ^ | April 14, 2011
    Did someone move the 2012 election to June 1? We ask because President Obama's extraordinary response to Paul Ryan's budget yesterday—with its blistering partisanship and multiple distortions—was the kind Presidents usually outsource to some junior lieutenant. Mr. Obama's fundamentally political document would have been unusual even for a Vice President in the fervor of a campaign. The immediate political goal was to inoculate the White House from criticism that it is not serious about the fiscal crisis, after ignoring its own deficit commission last year and tossing off a $3.73 trillion budget in February that increased spending amid a record...
  • Tea Party coalition forming to push for balanced budget amendment

    08/19/2010 12:04:45 AM PDT · by Brugmansian · 18 replies
    The Daily Caller ^ | 08/19/2010 | Alex Pappas
    The coalition, named BBA Now, as in Balance Budget Amendment Now, plans to officially unveil its three-year plan in September, director of coalitions Kellen Giuda said in an interview. Part of the campaign includes petitioning 2010 congressional candidates, as well as presidential candidates in 2012, to sign a pledge in support of the effort . . . The amendment envisioned by the coalition includes three pillars: ending the annual deficit by requiring a balanced budget, limiting federal spending to no more than 20 percent of the country’s GDP and requiring a two-thirds supermajority vote in Congress to raise taxes ....