Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Friday, December 18, 2015

Ryan's folly includes $1.6 billion to resettle illegal immigrants

No additional vetting or border enforcement...

Via Free Beacon:
A massive appropriations bill expected to be approved by Congress would provide more than $1.6 billion to resettle illegal immigrants arriving at the U.S. border through 2018.
Congress would award the massive check to the government just as the U.S. is experiencing a surge in arrivals of immigrant children at the southern border. Last week, federal agencies said they were opening two temporary shelters with 1,000 beds in South Texas to cope with the surge. A 400-bed shelter is also to be opened in Southern California.
“Out of an abundance of caution, the Office of Refugee Resettlement at the Department of Health and Human Services has begun a process to expand its temporary capacity to house unaccompanied children,” the Department of Health and Human Services said in a statement last Monday.
Keep on reading…
This si why Trump or Cruz will be the 2016 GOP nominee. The base wants a fighter.

Thursday, December 17, 2015

Omnibus spending bill includes $12 billion tax break for health insurers that is bigger than the cancelled risk corridor bailout...

RONO Republicans gloat about killing the the bailout/subsidies for insurance companies losing money on Obamacare plans, but they put a tax break in the Omnibus spending bill that feeds insurance companies $12 billion dollars. This amount is larger than the bailout amount would have been. Do you feel like Republicans are lying to you and deceiving you? You should.
Here’s the Obama administration’s playbook: First, pass a law requiring the public to buy insurance-company products. Then impose big penalties on anyone who doesn’t buy. Finally, when insurers still can’t make money, bail them out using taxpayer dollars.
Outrageous. Fortunately, Republicans in Congress showed backbone and refused to go along. By the end of last week, the bailout idea was dead.
Behind the scenes, the White House and insurance-industry lobbyists continued to press Congress for special concessions to insurers.
With all that pressure, Congress’ principled stand started to crumble. The omnibus bill reportedly contains a huge tax concession to the same industry.
Money is fungible, and this rewards the same players. The new deal suspends the health-insurance tax for a year. That tax applies to all health-insurance policies, not just ObamaCare. It was enacted as part of the Affordable Care Act to help pay for it.
Suspending the tax is in effect handing the industry an estimated $12 billion a year, according to the Congressional Budget Office, exceeding even what insurers would’ve received in a bailout.

Thursday, July 23, 2015

House Speakers surrenders again on spending bills before the battle seriously begins...

Someone tell me what the difference between the current GOP leadership and Democrats is...
WASHINGTON (MarketWatch) - There won't be a federal-government shutdown this year, and Congress will work on a temporary spending measure in September, once lawmakers return from their summer recess, House Speaker John Boehner, said Thursday. Democrats and Republicans have been unable to agree on annual spending bills, and without a deal by Sept. 30, the government will partially shut down.

Thursday, February 12, 2015

Government spending up over 8%

It's only money...

Via My Way News:

Last year's deficit benefited from a $24 billion special payment Freddie Mac made for the support it received during the financial crisis. The Congressional Budget Office forecasts a deficit of $468 billion for the full 2015 budget year, 3.1 percent lower than in 2014.
For the current budget year, government revenues total $1.05 trillion, an increase of 8.7 percent from the same period a year ago. Government spending totals $1.24 trillion, up 8.3 percent over last year.
The deficit in 2014 narrowed to $483.3 billion from $680.2 billion in 2013. Before that, the deficits soared to record heights as the government grappled with revenue losses from the Great Recession and increased spending in such areas as unemployment benefits and food stamps.
President Barack Obama unveiled last week his new budget proposal, which projects the 2015 deficit to rise to $583 billion, sharply higher than the CBO's latest estimate. Obama's new budget is asking Congress for authorization to spend $4 trillion next year and projects a 2016 deficit of $474 billion.

Thursday, December 11, 2014

Boehner spending bill deficit tally: $3.8 trillion in the 3.8 years

Wonderful...
(CNSNews.com) – The federal debt has increased by $3.8 trillion in the 3.8 years that have passed since House Speaker John Boehner cut his first spending deal with Senate Democrats and President Obama.
That works out to $32,938.38 for every household in the United States—including those taking federal welfare benefits—and $42,783.20 for every full-time year-round private-sector worker in the United States.
In fact, the $42,783.20 that the federal government has borrowed per full-time year-round private-sector worker since Boehner cut his first federal spending deal exceeds the $41,916 that according to the Census Bureau was median annual earnings of full-time year-round private-sector wage and salary workers in 2013.
Boehner became speaker in January 2011, after the Republicans won a majority of the House of Representatives in the midterm elections of 2010. At that time, the government was operating under a continuing resolution that expired on March 4, 2011. Before that CR expired, Boehner cut a spending deal to fund the government after it expired.
Keep on reading

Wednesday, December 10, 2014

Deal reached on massive $1.1 trillion spending bill

The bill will fund most of the government through next September. If it funds Obamacare, Obama's amnesty program and EPA's unreasonable coal plant and water regulations and doesn't punish the IRS for targeting the Tea Party, it's a major failure for Republicans. They would be giving democrats what they want in exchange for nothing.

Via Washington Post:
Congressional leaders have reached agreement on a massive $1.1 trillion spending bill that will keep most of the federal government funded through next September.
Months of protracted negotiations between Democratic and Republican leaders concluded on Tuesday night, with passage expected in the coming days, according to top aides. Final details of the legislation were still being sorted out and leaders were still mulling whether to approve a stopgap bill to give lawmakers a few more days to pass the final bill and avoid a government shutdown.
Extending current funding for just a few days has happened before, but doing so this year would result in an embarrassing finale to one of the most fruitless congressional sessions in history.
With just two days to go before government funding expires, “There’s no reason the government should shut down,” Senate Majority Leader Harry M. Reid (D-Nev.) said Tuesday. “And we’re ready to pass a year-long spending bill to take care of this.”
Senate Minority Leader Mitch McConnell (R-Ky.) assured reporters that the bill would pass “before we leave here this week.”
Keep on reading

Tuesday, October 14, 2014

Demos blame sequestration cuts for poor CDC Ebola response, but the CDC spent $500 million on bike lanes and farmers markets in last 5 years...

Facts are not democrats friends...

Via Politico
Instead, the Obama administration has focused the CDC on other priorities. While protecting Americans from infectious diseases received only $180 million from the Prevention Fund, the community transformation grant program received nearly three times as much money—$517.3 million over the same five-year period.
The CDC’s website makes clear the objectives of community transformation grants. The program funds neighborhood interventions like “increasing access to healthy foods by supporting local farmers and developing neighborhood grocery stores,” or “promoting improvements in sidewalks and street lighting to make it safe and easy for people to walk and ride bikes.” Bike lanes and farmer’s markets may indeed help a community—but they would do little to combat dangerous diseases like Ebola, SARS or anthrax.
Make no mistake: These types of projects may represent worthwhile endeavors—when funded by states, localities or private charities. And I certainly believe in the goals of wellness as one way to improve health and reduce costs. Here in Louisiana, we’ve launched the Well-Ahead Louisiana program, working with local businesses and organizations on ways to promote healthy lifestyles.

Thursday, August 7, 2014

Federal Government lost track of $619 billion...

I am sure it wasn't wasted. (snark)

And the data that does exist is wildly inaccurate, according to the Government Accountability Office, which looked at 2012 spending data. Only 2% to 7% of spending data onUSASpending.gov is "fully consistent with agencies' records," according to the report.
Among the data missing from the 6-year-old federal website:
• The Department of Health and Human Services failed to report nearly $544 billion, mostly in direct assistance programs like Medicare. The department admitted that it should have reported aggregate numbers of spending on those programs.
• The Department of the Interior did not report spending for 163 of its 265 assistance programs because, the department said, its accounting systems were not compatible with the data formats required by USASpending.gov. The result: $5.3 billion in spending missing from the website.
• The White House itself failed to report any of the programs it's directly responsible for. At the Office of National Drug Control Policy, which is part of the White House, officials said they thought HHS was responsible for reporting their spending.
For more than 22% of federal awards, the spending website literally doesn't know where the money went. The "place of performance" of federal contracts was most likely to be wrong.
That's a problem, said Sen. Tom Carper, D-Del., the chairman of the Senate Homeland Security and Government Affairs Committee.
"We live in a world in which information drives decisions," Carper said. "And, given the budget constraints that our government faces, we need reliable information on how and where our money is being spent."

Thursday, March 7, 2013

Liberal think: Nancy Pelosi claims tax cuts are spending...

Only in an alternate universe, where all the money belongs to the government, is a tax cut spending...
(CNSNews.com) – House Minority Leader Nancy Pelosi (D.-Calif.) said today that the government must cut spending, and then explained that: “Tax cuts are spending.”
“Our whole budget is what $3.5 trillion,” Pelosi said at a Capitol Hill press conference. “So, when we talk about reducing spending, we certainly must, and we certainly have–$1.6 trillion in the previous Congress, $1.2 of it in the Budget Control Act.
“But spending is also related to tax cuts,” said Pelosi. Tax cuts are spending. Tax expenditures, they are called. Subsidies for big oil, subsidies to send jobs overseas, breaks to send jobs overseas, breaks for corporate jets. They are called tax expenditures. Spending money on tax breaks.

Monday, February 11, 2013

WH corrects Pelosi on spending problem statement...

Yes, Nancy. There really is a spending problem...
White House Press Secretary Jay Carney countered House Democratic Leader Nancy Pelosi after she claimed it's a "false argument" to say the federal government has a spending problem.

"Of course, the president believes that we have a spending problem," Carney said Monday, adding that the problem is "specifically driven" by health care spending. "And that's just a fact."

The gentle reminder of the nation's bloated entitlement spending came after Pelosi,  in an interview with "Fox News Sunday," challenged those calling for more cuts.

"We have to recognize that, which cuts really help us and which cuts hurt our future? And cuts in education, scientific research and the rest are harmful, and they are what are affected by the sequestration," she said on "Fox News Sunday." "So, it is almost a false argument to say we have a spending problem. We have a budget deficit problem that we have to address." 

Wednesday, January 30, 2013

Jay Carney refuses to deny Obama said the country did not have a spending problem

Baghdad Bob Jay can neither confirm or deny...
(CNSNews.com) – White House Press Secretary Jay Carney did not deny President Barack Obama, who oversaw a $5.8 trillion increase in the national debt during his first term, believed the country did not have a spending problem.
The Wall Street Journal reported on Jan. 6 about a conversation between Obama and House Speaker John Boehner (R-Ohio). In the article, Boehner said Obama told him, “We don’t have a spending problem.” The article quotes Boehner saying Obama told him the problem is limited to health care spending.
On Wednesday, Fox News reporter Wendell Goler asked Carney, “Boehner also reportedly said the president told him personally this country does not have a spending problem. Did that happen?”
Carney did not give a specific answer.
“Well, you know, there’s a lot of reports about conversations internally,” Carney said. “I don’t have a readout of any of the president’s personal conversations with the speaker or anyone else to provide to you.
Keep on reading…

Monday, January 14, 2013

Obama Claims About Congress: “They Order Me To Spend”…

How is threatening to shutdown the government is there are no spending cuts ordering Obama to spend?




Obama is so full of sh*t...

Monday, January 7, 2013

Dems: Give us another trillion to spend...

Democrats want another trillion dollars in new revenue...

Via The Hill:
Democrats say they want to raise as much as $1 trillion in new revenues through tax reform later this year to balance Republican demands to slash mandatory spending.

Democratic leaders have had little time to craft a new position for their party since passing a tax deal Tuesday that will raise $620 billion in revenue over the next 10 years.  

Thursday, May 24, 2012

After running up $5 trillion in new debt, Obama claims, “I’m running to pay down our debt ..."

Obama doesn't think he is a big spender because $5 trillion isn't a lot of money to him.
COLORADO SPRINGS, Colo. — At a fundraiser for his re-election campaign in Denver tonight, President Obama set out to upend conventional Republican wisdom that his administration has been defined by excessive government spending.
“I’m running to pay down our debt in a way that’s balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law,” he told a crowd of donors at the Hyatt Regency. “My opponent won’t admit it, but it’s starting to appear in places, like real liberal outlets, like the Wall Street Journal: Since I’ve been president, federal spending has risen at the lowest pace  in nearly 60 years. Think about that.”
Obama was referring to an analysis released this week by Rex Nutting, a reporter for CBS MarketWatch who is also affiliated with the Wall Street Journal. Nutting concluded that Obama has presided over the slowest growth in federal spending in decades.
“I just point out it always goes up least under Democratic presidents. This other side, I don’t know how they’ve been bamboozling folks into thinking that they are the responsible, fiscally-disciplined party. They run up these wild debts and then when we take over, we’ve got to clean it up.
The Romney campaign noted that more than $5 trillion has been added to the debt during Obama’s first term, though in 2008 Obama called the $4 trillion added under Bush “unpatriotic.”
The Republican National Committee pointed out that while growth of spending and debt may have slowed, Obama has overseen the three largest deficits in U.S. history.  (They also pass along fact-checker Politifact’s 2011 designation of Obama as the “undisputed debt king” of the last five presidents.)

Wednesday, May 23, 2012

Chutzpah: Jay Carney Claims Obama Has Demonstrated “Fiscal Restraint"

I would hate to think what he would call reckless spending would look like...

Via Beltway Confidential:
White House Press Secretary Jay Carney insisted to reporters on Air Force One today that President Obama has “demonstrated significant fiscal restraint” and applied a “balanced approach.”
Carney cited an article by financial columnist Rex Nutting of MarketWatch, which was also cited by David Axelrod this morning on Twitter.
As AEI’s Jim Pethokoukis writes, Nutting arrives at these numbers by assigning 2009 government spending to George W. Bush.
Keep on reading…

Sunday, April 1, 2012

Delusional: President Obama claims government spending has "made this country great"

President Obama has inadvertently highlighted the difference between liberals and conservatives. Liberals believe the government makes us great. They want a bigger government, more regulations and increased tax revenue to feed the government machine. Good examples of this are Obamacare, the Stimulus, EPA regulation of CO2 and the Buffet Rule. Conservatives believe individual citizens make this country great. We want smaller government, less regulation and lower taxes. You will decide this November.

Via Beltway Confidential
President Obama attacked Republicans for their desire to cut the government spending that "made this country great," while also faulting them for failing to "balance the budget."

Obama said that Republicans have "one message and that is, we're going to make sure that we cut people's taxes even more -- so that by every objective measure our deficit is worse and we will slash government investments that have made this country great," he argued, "not because it's going to balance the budget, but because it's driven by our ideological vision about how government should be. That's their agenda, pure and simple."

Tuesday, February 14, 2012

Obama: Not raising taxes is spending or something

President Obama actually thinks not raising taxes is a form of spending.This is a great example of liberal thinking. Liberals believe all the money in the county really belongs to the government and they are doing you a favor if they let you keep any of it. This is why liberals think it is OK to force citizens to buy insurance under the Obamacare mandate. It really isn't your money in their minds. This is as ridiculous as a business claiming they were spending money by not raising their customer's price.
WASHINGTON – Announcing his budget plans for fiscal year 2013 in an address at Northern Virginia Community College in Annandale, Va., President Barack Obama characterized the current income tax rates–signed into law by President Bush a decade ago–as a form of government spending.
Essentially, the president said that the federal government “spends” when it does not raise taxes.
Right now, we’re scheduled to spend more than $1 trillion more on what was intended to be a temporary tax cut for the wealthiest two percent of Americans,” Obama said.
“We’ve already spent about that much. Now we’re expected to spend another $1 trillion. Keep in mind, a quarter of all millionaires pay lower tax rates than millions of middle class households. You’ve heard me say it: Warren Buffett pays a lower tax rate than his secretary.”
Despite the bankruptcies of three green energy companies that received heavy doses of federal tax dollars, Obama also pledged Monday to “double down on clean energy.”