Monday, December 14, 2009

Congrats! Your Family Just Went $1.1 Trillon in Debt ... Again. "Change in Washington" is Here for Generations to Come Thanks to Obama's Omnibus Bill.

from Bearing Drift: Virginia Politics On Demand- by J.R. Hoeft:

Yesterday, the U.S. Senate passed the omnibus spending bill of $1.1 trillion, loaded with earmarks and spending for government agencies, while this week the House will likely vote to raise the debt ceiling.

The 1,088-page package contains over 5,000 earmarks, including provisions to transfer Guantanamo Bay detainees to the United States, as well as provisions to allow taxpayer funded abortions and the legalization of marijuana in the District of Columbia.

Democrats would also like to raise the debt ceiling from its current $12.1 trillion level by an additional $1.8 trillion, as we’re due to break the current barrier by the end of the year.

Clearly government spending has always been the best way to create jobs over our nation’s 233 year history. Certainly our country wasn’t built on hard work, initiative, common sense, innovation, and enterprise. We always have looked to the government to make it better for us.

According to the Peter Peterson Foundation, 80% of voters nationwide rank “dealing with our growing budget deficit and national debt” a high priority, while health care reform (56%) and cutting taxes (51%) rank much lower as a priority. Additionally, 7 out of 10 voters support a bipartisan commission to develop budget, spending and tax reforms to be voted on by Congress. Check out their web site on the debt at http://www.knowthedebtfacts.com/.

At least some in congress understand the great danger the government is putting us in by its continued back-breaking deficits, including careening us towards a $1 trillion health care bill, by continuing to propose the SAFE Commission.

Both Rep. J. Randy Forbes and Rep. Frank Wolf from Virginia support such a reform. According to Forbes:
The SAFE Commission Act, H.R. 1557, would establish a Commission that would review federal spending and develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues.
That’s clearly a “long view”, but the right view. Unfortunately, for the past decade, Congress has wasted budget surpluses and has continued spending money the U.S. just doesn’t have; in doing so, we have threatened future generations with an unavoidable crisis, and may be doing more to eliminate our existence and way of life than Al Qaeda ever could.

The entire Democratic delegation from Virginia: Reps. Glenn Nye, Gerry Connolly, Bobby Scott, Rick Boucher, and Tom Perriello, as well as Sens. Warner and Webb, voted in favor of the bill. Rep. Jim Moran missed the vote.

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Wednesday, April 29, 2009

Obama Promises to Reduce Federal Spending by Less Than One Penny?

It would be even less if this guy had a bigger table! This is really a neat perspective!

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Wednesday, January 28, 2009

Why the Democrats Want You to Believe We Live In A Democracy


By LIZ SIDOTI, Associated Press Writer

WASHINGTON – In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration's plan to revive a badly ailing economy. The vote was 244-188, with Republicans unanimous in opposition despite Obama's frequent pleas for bipartisan support.

"This recovery plan will save or create more than three million new jobs over the next few years," the president said in a written statement released moments after the House voted. Still later, he welcomed congressional leaders of both parties to the White House for drinks as he continued to lobby for the legislation.

Earlier, Obama declared, "We don't have a moment to spare" as congressional allies hastened to do his bidding in the face of the worst economic crisis since the Great Depression. The vote sent the bill to the Senate, where debate could begin as early as Monday on companion measure already taking shape. Democratic leaders have pledged to have legislation ready for Obama's signature by mid-February.

A mere eight days after Inauguration Day, Speaker Nancy Pelosi said the events heralded a new era. "The ship of state is difficult to turn," said the California democrat. "But that is what we must do. That is what President Obama called us to do in his inaugural address."

With unemployment at its highest level in a quarter-century, the banking industry wobbling despite the infusion of staggering sums of bailout money and states struggling with budget crises, Democrats said the legislation was desperately needed.

"Another week that we delay is another 100,000 or more people unemployed. I don't think we want that on our consciences," said Rep. David Obey, D-Wis., chairman of the House Appropriations Committee and one of the leading architects of the legislation.

Republicans said the bill was short on tax cuts and contained too much spending, much of it wasteful, and would fall far short of administration's predictions of job creation.

The party's leader, Rep. John Boehner of Ohio, said the measure "won't create many jobs, but it will create plenty of programs and projects through slow-moving government spending." A GOP alternative, comprised almost entirely of tax cuts, was defeated, 266-170. [MORE]

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