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Tag Archives: Spending

Why Did It Take Till 1/1/2013?

Just a quick and simple post to note exactly why it took until 1/1/2013 to have the Republicans pass the massive tax and spend bill H.R. 8 to avoid the so-called Fiscal Cliff.

On 1/1/2013, the taxes went up anyway.  Now, the Republicans can spin their vote as an effort to reduce taxes from the increased taxes that were in effect on 1/1/2013.

Aren’t they just great!  Good thing they don’t try to treat us like ignorant peasants like the Democrats do.

h/t io9.com

 

 
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Posted by on January 2, 2013 in Congress, Taxes

 

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Fiscal Cliff: Let’s Make A Deal

The solution to the problems in America’s economy, finances, debt, and obligations is certainly NOT for the Federal Government to have more money and control — as if, under Barack Obama’s claim, you just hive him another $100 Billion more per year, all our problems will be solved.

Under Clinton, yes, taxes were higher, but spending was 18% of GDP instead of the current 25% of GDP. THAT h/t http://www.yourcpapartners.com/is why the budget was (closed to being) balanced… …along with the whole of the Congress and President knowing that Newt Gingrich was willing to take the Nuclear Option and shut down the Federal Government.

So, to solve our problems, a true leader, a true conservative/libertarian would introduce legislation and vote to reduce the amount of money taken out of the economy by the Federal Government and reduce the amount of our labors the Federal Government spends.

It’s simple common sense… …that is so uncommon these days.

So, why would any Republican, the party of Fiscal Responsibility, bring legislation to the floor and vote to increase taxes and spending?

There is only one answer:

They care more about their future as a legislator than they do about what’s best for America.

So, when they vote to increase your taxes and increase the money going to the government and increase spending (while calling it deficit reduction), you know that that person is not working for you and the betterment of America.  They are callously voting to ensure their own future is bright at the expense of yours.

Maybe you ought to vote ‘no’ this time when they tell you they are the true conservative/libertarian but their votes show they are not.

 

 
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Posted by on December 18, 2012 in Congress, Conservative, Taxes

 

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Here’s Your Bill

Click here for more information.

HeresYourBill.org

 
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Posted by on October 20, 2012 in Balanced Budget, Election, Taxes

 

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The Real Obama Tax Increase

If the voters authorize your subdivision association to spend $10.00 per year, and they spend $11.00 per year.  That’s a $1.00 increase in taxes that dwellers will be required to pay.  It’s a 10% tax increase.

Now magnify that to the scale of Obama’s 4 years.*  American’s authorized the Federal Government to spend $9,836,745,000,000… …yes, that’s almost $10 Trillion.

Barack Obama and the Democrats spent $14,658,185,000,000 — that’s $14.6 Trillion!

By the logic in the 1st sentence, that’s a $4,821,440,000,000 TAX INCREASE!  Per citizen, that’s a $15,306.16 Tax Increase… …a 49% tax increase.  It’s $4,000 per family just for the interest on Obama’s debt

So much for lowering taxes on 98% of all Americans.

*This reflects fiscal years 2010 – 2013 over which the President presided.

h/t economy.blog.ocregister.com

 
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Posted by on October 3, 2012 in Democrat, Economy, Obama, Republican, Taxes

 

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Government Gone Wild

 
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Posted by on April 29, 2012 in Constitution, Government Waste, Taxes

 

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CBO 2011 Budget Infographic

Out. Of. Control.

 
 

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Free Candy

Adapted from E-Mail:

The folks who are getting the free candy don’t like the folks who are paying for the free candy, because the folks who are paying for the free candy can no longer afford to pay for both the free candy and their own stuff.

And, the folks who are paying for the free candy want the free candy to stop.

And the folks who are getting the free candy want even more free candy on top of the free candy they are already getting!

Now… the people who are forcing the people who pay for the free candy have told the people who are RECEIVING the free candy that the people who are PAYING for the free candy are being mean, prejudiced, and racist.

So… the people who are GETTING the free candy have been convinced they need to hate the people who are paying for the free candy by the people who are forcing some people to pay for their free candy and giving them the free candy in the first place.

We have let the free candy giving go on for so long that there are now more people getting free candy than paying for the free candy.

So, who is being selfish?  The one’s sick of paying for the free candy?  Or, the ones bitching because we don’t want to pay for their free candy?

 
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Posted by on March 31, 2012 in Congress, Conservative, Freedom, Taxes

 

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Are You Under 30? WAKE UP!

The Heritage Foundation is a leadership organization that performs conservative policy research and analysis.  Below is an analysis of the FY 2013 Obama Budget released last week.

h/t pbs.org

If you are under 30, you need to start thinking about your future.  Are you going to fight for spending cuts?  Or, are you going to be enslaved to paying the Principle (now $15.3 Trillion) and Interest ($450 Billion/yr) for the Trillions that are spent today?

Read their analysis of the budget below.  Pay particular attention to the last few paragraphs:

Obama’s Friends Win Big in Budget

You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read tea leaves, gaze into a crystal ball, or consult a psychic to learn where his priorities lie. No, you only have to take a look at his 2013 budget, just released on Monday, to see what kind of company the president keeps and to what extent he will go to lend his pals a helping hand.

The folks seated at the president’s head table haven’t changed much in the past few years — the only difference is how much is being served up in the taxpayer-funded buffet. As in the past, the president has plenty of handouts for his big labor buddies. His budget delivers a fourth consecutive annual deficit exceeding $1 trillion — and that spending goes to yet another round of not-so-shovel-ready construction projects and government “investments” totaling $178 billion. Heritage’s Patrick Knudsen writes that the spending includes the president’s favored road, bridge, and school construction projects, but “then they go alarmingly beyond the usual ‘infrastructure’ arguments to fund teachers’ pay.” In other words, unions representing the construction site and the classroom win big.

Other winners in the president’s budget are those who fit into the Administration’s vision of a green economy that is propelled not by the market’s demand, but by Obama’s whim. The 2013 budget proposes to spend $310 million to make solar energy cost-competitive without subsidies by 2020, $290 million to expand R&D on energy efficient manufacturing techniques, and $421 million in fossil energy research and development. Heritage energy expert Nicolas Loris writes that the budget “rejects the notion of a market-based energy industry and wastes taxpayer dollars at a time when we desperately need to curtail out-of-control spending.” In other words, he says, the president’s blueprint is all wrong.

There’s no clearer example of just how wrong the president’s blueprint is than his decision to increase subsidies for electric vehicles like the $41,000 Chevy Volt while ending funding for the D.C. Opportunity Scholarship Program (DCOSP), which gives low-income children in the nation’s capital a chance to escape underperforming schools. The White House intends to increase taxpayer-funded subsidies for those who purchase new-technology vehicles to $10,000 per buyer, up from $7,500. Keep in mind that the average income of a Volt buyer is $175,000 per year. That means that middle-class taxpayers are helping the rich buy pricy, politically correct cars.

With his other hand, President Obama is taking from the poor. The DCOSP provides $8,000 vouchers to 1,600 low-income children in the District of Columbia, empowering them to attend a school that they choose. The program has been a stunning success — though it has drawn criticism from the president’s teachers union allies. If the president gets his way, those children will pay the price.

They won’t be the only ones in their generation, though, who will suffer under the president’s budget. From a big picture perspective, the president’s budget rises from $3.8 trillion to $5.8 trillion in 2022. Putting that into context, that means outlays above 22 percent of gross domestic product — more than twice the New Deal’s share of the economy in its peak years. In constant dollars, outlays are more than three times the peak of World War II. With all that spending, someone will have to pay for it. Whose names will be on the bill? Those under 30 — America’s debt-paying generation. Their entire lives will be dominated by paying down today’s mountains of debt. And some of them are waking up to that fact.

“It will be my generation, rather than the retiring baby boomers, that will be paying off the national debt through higher income taxes,” says Amanda Winkler, 24, a Master’s Student at American University. Shaun Rabenius, 26, is a part-time construction worker and student. He says, “I have never followed politics much, except for when I vote. But in looking at the last decade, the presidencies, and the debt they have accumulated, I am scared out of my mind.”

They’re right to be worried. With a Senate that hasn’t passed a budget in well over 1,000 days and a president who seems intent on spending more, not less, without addressing the country’s underlying budgetary crisis, future generations will soon find that the winners today will make them losers tomorrow.

None of these great and wonderful utopian programs (Medicare, Social Security, Medicaid, Food Stamps, Unemployment Insurance, ObamaCare) will exist when our under-30 citizens reach retirement.  They will have disappeared into the mountain of debt that the current generation-of-selfishness has amassed.

So youngsters, vote on for Obama, because he’s so hip! [sarc]

 
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Posted by on February 15, 2012 in Balanced Budget, Freedom, Obama

 

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Wait! You Have Kids?!?!

There isn’t really much you can add to this video:

 
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Posted by on January 14, 2012 in Congress, Economy, Government Waste, Taxes

 

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CBO: The Federal Budget Infographic

I remind you again, that a great place to stay ahead-of-the-news on what’s coming down the pike for legislation is the CBO (www.cbo.gov).  Add yourself to their e-mail list!  I repeat.  Add yourself to their e-mail list!

Today’s release included an Infographic on The Budget, Spending, and Debt.  The graph at the bottom of the Infographic may be accurate, but it belies the truth that the Federal Government is $15 Trillion in Debt.  The GDP is $15 Trillion.  So, the Federal Debt is 100% of the GDP!

The Federal Debt is 100% of the GDP!

Below is a summary of the spending side of the Infographic.  Click on the image to display the entire Infographic.

 

 
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Posted by on December 13, 2011 in Balanced Budget, White House

 

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