Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts
Sunday, July 31, 2011
Which Senate Dems Support Balanced Budget Amendment?
How Long has the Senate gone w/o passing a budget?
Over 2 1/2 years. BO/BS has yet to sign a budget.
Saturday, July 30, 2011
No More Blank Checks
Fun Fact: Congress has NOT passed a budget since BO/BS was inaugurated. How many businesses would still be in business w/o budget?
It's time to cut off D.C. Credit Card.
It's time to cut off D.C. Credit Card.
Saturday, July 23, 2011
Join the Twitter Tea Party Rally
I don't know about you, but I can't make it to D.C. in person this weekend to let the CongressCritters in D.C. know what my position is on them borrowing more money that my kids and grand-kids will have to repay. That is why I'm joining the Twitter Tea Party Rally this Weekend. If you tweet, I encourage you to make your voice heard.
The national credit card maxed out. The DemonRats and BO/BS have added $2.9 Trillion to the national debt in 2 years ~with a projected deficit of an additional $1.65 Trillion this year~ and still haven't presented a budget for 2012; yet now they want Americans to believe that "supposedly" cutting $1.5 Trillion in the next 10 years ~hello, that's less than the deficit is this year~ while increasing taxes immediately is fiscal responsibility? History has shown that tax increases DON'T = increased tax receipts to the government. Taxpayers send enough $$$ to D.C. The problem is SPENDING. D.C.ers are spending addicts and they are shopping with our money. It's got to stop. We the people sent a huge message last November; but apparently the DemonRats didn't get the message. Let them Hear US Again; this weekend.
No New Taxes and Real Spending Cuts!
The national credit card maxed out. The DemonRats and BO/BS have added $2.9 Trillion to the national debt in 2 years ~with a projected deficit of an additional $1.65 Trillion this year~ and still haven't presented a budget for 2012; yet now they want Americans to believe that "supposedly" cutting $1.5 Trillion in the next 10 years ~hello, that's less than the deficit is this year~ while increasing taxes immediately is fiscal responsibility? History has shown that tax increases DON'T = increased tax receipts to the government. Taxpayers send enough $$$ to D.C. The problem is SPENDING. D.C.ers are spending addicts and they are shopping with our money. It's got to stop. We the people sent a huge message last November; but apparently the DemonRats didn't get the message. Let them Hear US Again; this weekend.
No New Taxes and Real Spending Cuts!
Thursday, July 14, 2011
Economic Terrorism by BO/BS
This week BO/BS used CBS to deliver a threat to the Republicans. He told CBS in an interview that he couldn't guarantee that Social Security checks or military checks would go out without a deal to borrow more money by August 3, 2011. Not only is it BS and fear mongering, it is also a complete lie.
First, the truth is that Fed revenues for this year will be $2.17 Trillion and interest payments are $205 Billion. Now I'm not a Harvard Law grad, but I know that leaves $1.9 Trillion for Congress to spend. Social Security is $741 Billion with Medicare @ $488 Billion. Again, not a Harvard Law grad, but that = $1.2 Trillion which unless you went to MCS, is less than $1.9 Trillion. If the Treasury Dept chooses to pay the EPA, HHS, Treasury, Energy, Interior and Education instead of Social Security, then place blame where it rightly belongs on BO/BS. Also remember, that it's the Hellcare Bill that cuts $500 Billion from Medicare.
These facts underscore the reality, that the federal government is tooo big. The DemonRats have added over $5 Trillion to the National Debt in 3 years. Their only plan is to scare the elderly so they can stay in power. Again, Economic Terrorism.
Paul Ryan and the Republicans have a plan to save Social Security and Medicare w/o affecting the current recipients. But what is the DemonRats plan? They have none. They haven't even proposed a budget in 2 years. I am in my 40's. I am under no illusions that all the money that I've paid into Social Security will be there when I retire.
Here's a video where the Social Security chief actuary confirms that if Social Security checks are withheld on August 3, 2011 as BO/BS is threatening, the decision would be made by the Treasury Dept i.e. BO/BS.
It's the same old playbook from the DemonRats. Call their bluff. We, the American People, are awake and watching. We can't afford the out of control spending of the DemonRats. They must be stopped. Hold fast Speaker Boehner, Mr. Cantor and the rest of the elected Republicans in D.C. We'll be sending reinforcements next year.
Tweet
First, the truth is that Fed revenues for this year will be $2.17 Trillion and interest payments are $205 Billion. Now I'm not a Harvard Law grad, but I know that leaves $1.9 Trillion for Congress to spend. Social Security is $741 Billion with Medicare @ $488 Billion. Again, not a Harvard Law grad, but that = $1.2 Trillion which unless you went to MCS, is less than $1.9 Trillion. If the Treasury Dept chooses to pay the EPA, HHS, Treasury, Energy, Interior and Education instead of Social Security, then place blame where it rightly belongs on BO/BS. Also remember, that it's the Hellcare Bill that cuts $500 Billion from Medicare.
These facts underscore the reality, that the federal government is tooo big. The DemonRats have added over $5 Trillion to the National Debt in 3 years. Their only plan is to scare the elderly so they can stay in power. Again, Economic Terrorism.
Paul Ryan and the Republicans have a plan to save Social Security and Medicare w/o affecting the current recipients. But what is the DemonRats plan? They have none. They haven't even proposed a budget in 2 years. I am in my 40's. I am under no illusions that all the money that I've paid into Social Security will be there when I retire.
Here's a video where the Social Security chief actuary confirms that if Social Security checks are withheld on August 3, 2011 as BO/BS is threatening, the decision would be made by the Treasury Dept i.e. BO/BS.
It's the same old playbook from the DemonRats. Call their bluff. We, the American People, are awake and watching. We can't afford the out of control spending of the DemonRats. They must be stopped. Hold fast Speaker Boehner, Mr. Cantor and the rest of the elected Republicans in D.C. We'll be sending reinforcements next year.
Tweet
Thursday, July 7, 2011
Which Tax Creates Jobs?
Senator Marco Rubio asks an excellent question. Which of the proposed tax increases by the DemonRats will create jobs?
The latest example of millionaires and billionaires demonized by BO/BS are corporate jet owners; however, according to Bloomberg this end of the tax break ~which was in the stiumlus bill so technically, it's a DemonRat tax break~ would only put $3 Billion into the treasure over the next decade. In fact, if you add up all of the proposed tax hikes the DemonRats are currently demagoguing on they would only equal 9 days and 23 hours of deficit spending. That's not going to fix the current budget crisis.
The answer is more taxpayers; not more and higher taxes. History has shown that raising taxes doesn't raise revenue. The latest example of this is the Bush Tax Cuts. BO/BS even know this. During a primary debate in 2008, when asked the question about why when revenues increased when the Capital Gains Tax rate was lowered in 1997, revenues went up, why he would raise the tax rate and his answer? "For purposes of Fairness"
How high does BO/BS and the DemonRats want the unemployment rate to be? It's a bad idea to pass anything that make it harder to create jobs.
I ask with Senator Rubio;
Which of these new taxes will create jobs?
The latest example of millionaires and billionaires demonized by BO/BS are corporate jet owners; however, according to Bloomberg this end of the tax break ~which was in the stiumlus bill so technically, it's a DemonRat tax break~ would only put $3 Billion into the treasure over the next decade. In fact, if you add up all of the proposed tax hikes the DemonRats are currently demagoguing on they would only equal 9 days and 23 hours of deficit spending. That's not going to fix the current budget crisis.
The answer is more taxpayers; not more and higher taxes. History has shown that raising taxes doesn't raise revenue. The latest example of this is the Bush Tax Cuts. BO/BS even know this. During a primary debate in 2008, when asked the question about why when revenues increased when the Capital Gains Tax rate was lowered in 1997, revenues went up, why he would raise the tax rate and his answer? "For purposes of Fairness"
How high does BO/BS and the DemonRats want the unemployment rate to be? It's a bad idea to pass anything that make it harder to create jobs.
I ask with Senator Rubio;
Which of these new taxes will create jobs?
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