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Tag Archives: President Obama’s budget
Does The President Get His Choices Of Cabinet Members ?
There are a number of questionable nominations for Cabinet posts at this time–Chuck Hagel has a questionable record on Israel, John Brennan has made some interesting statements regarding jihad, and Jack Lew was either lying or totally wrong in his statements regarding the economy while he was director of the Office of Management and Budget. Either way, Jack Lew is a questionable choice for Treasury Secretary.
John Hinderaker at Power Line reminds us of Mr. Lew’s testimony before Congress less than two years ago. In describing President Obama’s budget proposals, Mr. Lew stated:
Our budget will get us, over the next several years, to the point where we can look the American people in the eye and say we’re not adding to the debt anymore; we’re spending money that we have each year, and then we can work on bringing down our national debt.
The article further reports:
In fact, President Obama’s budget added at least $600 billion to the deficit every year, even on the rosy assumptions that it incorporated, which is why no member of Congress would vote for it. Lew was just making it up, deliberately lying to the American people. He also claimed that the reason the Democratic Senate hadn’t adopted a budget is that it was being filibustered by Republicans. This falsehood was repeated multiple times on national television…
Can’t we do better than this?
Something To Think About In November
Image via Wikipedia
I was listening to Bill Bennett this morning and MarcThiessen was one of his guests. Bill Bennett is one of my favorite radio shows because issues are discussed–not screamed. Mr. Thiessen was discussing his recent article in the Washington Post.
The article deals with some of the consequences (unintended and intended) of a second term for President Obama.
The article states:
Electing a transformational conservative president may not be in the cards this November — but stopping a transformational liberal president still is. Consider the consequences if Obama gets a second term: Obamacare will not be repealed. The unprecedented levels of spending in Obama’s first four years will become the new floor, as America sets new records for fiscal profligacy and debt. Job creators will face massive tax increases, and more Americans will come off the tax rolls — resulting in fewer citizens with a stake in keeping taxes low and more with a stake in protecting benefits. Government dependency, already at record levels, will continue to grow. Four lost years in dealing with the entitlement crisis will become eight — digging us into a hole from which we may not be able to emerge. Obama, unworried about the impact of gas and electricity prices on his reelection, will finally wage the regulatory war on fossil fuels the left demands. He will unleash the Environmental Protection Agency to impose crushing new burdens on U.S. business. His administration’s assault on religious freedom will go on and expand to new areas. The Defense Department will be gutted, with cuts so deep that America will no longer be a superpower. Obama could have the opportunity to appoint more liberal Supreme Court justices, ending the Roberts court in all but name for a generation.
Oh, and the oceans will continue to rise.
If President Obama is elected in November, the America that we have all grown up in will not exist by the end of his second term. Even if you do not believe me, there are enough non-partisan people saying similar things to at least cause you to pause and consider the idea. Unless you are willing to take that risk, please vote Republican in November.
The Cost Of President Obama’s Broken Promises
You can find this video on YouTube
Coming Soon To Your Pocketbook If President Obama Wins In November
Tax (Photo credit: 401K)
Heritage.org posted an article yesterday about the hidden tax increases in President Obama’s proposed budget. Hang on to your wallet.
The article reports:
EXCLUSIVE: It could be said that President Obama has never seen a tax hike he doesn’t like — whether it’s letting the 2001 and 2003 tax cuts expire, insisting on higher taxes for job creators, and yesterday calling on Congress to raise taxes on the oil industry. But as much as the President wants to raise taxes, Heritage has discovered that there are even more tax hikes hidden in his budget, adding up to a total of $2 trillion in higher taxes.
In a new report, Heritage’s Curtis Dubay uncovers Obama’s hidden tax hikes and finds that the President’s proposed $1.561 trillion tax increase over 10 years is much bigger than advertised. In fact, the President wants to raise taxes by $1.689 trillion – that’s $128 billion more than was reported by the White House Office of Management and Budget (OMB) in the President’s FY 2013 budget proposal.
What’s to account for the discrepancy? Dubay explains that OMB reports the tax hikes in areas other than the tax section, misleading readers into believing that the President’s tax hikes are smaller than they are in reality. Among them are the “Financial Crisis Responsibility Fee,” better known as the bank tax, which adds another $61 billion to the President’s tax hike total; a $44 billion tax hike from allowing the IRS to adjust a program integrity cap; a $48 billion increase of the unemployment tax; and a $1 billion hike of user fees for commercial navigation of inland waterways.
As long as you don’t work, drive, go boating, have a bank account, or use energy to heat or cool your house, these new taxes won’t effect you.
Please follow the link to Heritage.org to read the entire article.
