Breaking news! The federal debt has increased more during Obama’s three years in office than it did during Bush’s eight year presidency.
Both Presidents spent uncontrollably. Obama has just been the most uncontrollable of all, at least up to now.
New budget estimates by the Congressional Budget Office say that the proposed 2013 Obama budget will increase the federal debt by $3.5 trillion.
Finding out what’s in it: New numbers released today from the Congressional Budget Office estimate that the cost of Obamacare over the next decade will be $1.76 trillion, not $940 billion as predicted by the Democrats who passed it.
The only word I can think of that aptly describes the people who pushed this law on us is incompetence. That any rational person would consider voting for these people again boggles the mind.
The director of Russia’s manned program told the press today that the Russians do not have that a signed contract with NASA to fly astronauts to ISS after 2015, despite NASA’s announcement that such an agreement exists.
If true, NASA’s management has committed a very serious error which will cost the U.S. a great deal of money in the coming years, especially if there are significant delays in getting the new commercial companies online to provide the U.S. an American capability for ferrying humans to orbit.
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The Senate’s tea party caucus yesterday proposed a budget plan aimed at balancing the federal budget by 2017.
The news article gives a broad outline of the plan, including some basic changes to several entitlement programs, a freezing of government spending at 2008 levels, and the elimination of four government agencies and the privatization of the TSA. A detailed look will probably find that some of these proposals are poorly thought out or impractical. However, at least these senators are proposing something, unlike the Democrats, who in the Senate have not even introduced a budget for more than three years.
In a February 29 letter to NASA, House appropriators have challenged the Obama administration’s decision to shut down the agency’s Mars planetary program.
People could live with big. It’s too big that’s getting to them. Under the Obama presidency, something outside the norm happened. Amid ObamaCare, Dodd-Frank, the $800 billion stimulus injection and a federal spending boom, something snapped in the steady-state relationship between many citizens and Washington. A lot of people feel the government, finally, is really starting to crowd them. It has made them uneasy. For the Santorum audience, the call-and-response word to push back against the unease is “freedom.”
The day of reckoning looms: The federal government recorded its worst monthly deficit in history in February 2012.
The [Congressional Budget Office] projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011. It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.
Obviously, this record-setting deficit is racist for occurring during the term of Barack Obama.
The U.S. debt, graphed to show how it rose or fell since 1981, compared with who controlled Congress and the White House.
Though to my mind the Republicans have generally been a failure in controlling the growth of government when they held power during the past thirty years, this data shows clearly how far worse the Democrats have been during this same time period.
2010 was a trend, not a fluke: An incumbent eight year Republican Congresswoman lost to a tea party favorite in Tuesday’s Ohio primary.
This story illustrates once again that the tea party movement is not a partisan movement. Republican candidates who don’t toe the line on spending and taxes, like the Democrats, are going to lose.
Explaining the limits of the Congressionally mandated Space Launch System.
In trying to explain why SLS can never function as a crew ferry for ISS, I think Muncy also illustrates why the whole system makes no sense and is really a complete waste of money. Consider this:
SLS’s first uncrewed test flight would be in December 2017, with the first crewed mission nearly four years later, in late 2021. Even worse, NASA’s plan showed that Orion and SLS would be able to fly only one exploration mission every two (or more) years.
We are spending a lot of money for very little results.
The law is such an inconvenient thing: For the fourth year in a row, President Obama has defied a law that demands he take action on Medicare.
This paragraph sums up why Obama has been so negligent:
Why won’t Barack Obama put forth a Medicare proposal? Simple. If he does, Democrats lose the opportunity to demagogue the issue in the run-up to the 2012 election.
The only politicians to propose any reasonable plan to make Medicare solvent have been the Republicans, led by Paul Ryan. I don’t like all the details in Ryan’s plan, but at least he’s proposed something. All Obama and the Democrats have been doing is fiddling while Rome burns, while blaming others for the fire.
“Santorum talked himself out of the nomination.”
As did all the conservative alternatives to Romney:
The auditions are just about over. Michele Bachmann, Rick Perry, Herman Cain, Newt Gingrich and Rick Santorum all had their chances to be the conservative champion of the nation. Each blew it in his own special way. They soared like rockets and faded away.
In Santorum’s case, it was this:
Late-breaking voters went overwhelmingly for Mitt Romney in today’s Michigan primary as Rick Santorum’s robocalls to Democratic voters, who failed to turn out in big numbers, apparently encouraging Republicans to turn out to back the former Massachusetts governor.
If you are going to run as a conservative, don’t campaign using Democrat Party talking points: Santorum tried to win Democratic union votes by criticizing Romney for not backing the auto bailout. Since the auto bailout is generally despised by conservative voters, they heard this and abandoned Santorum in droves.
Fifteen questions the press would ask Barack Obama if he were a Republican.
I especially like the last three:
13) Why should the American people reelect you when your 10 year budget saddles America with more debt than all previous Presidents combined?
14) Your stimulus bill cost more in real dollars than the moon landing and the interstate highway system combined. Many prominent economists have concluded the stimulus plan was a total failure. What do we have to show for all of that money spent?
15) Members of your administration promised that the trillion dollar stimulus would keep unemployment under 8 percent. Instead, we’ve had 35+ months of 8% and above unemployment. Doesn’t that mean we wasted a trillion dollars on nothing?
These, as well as the other 12 questions, are all perfectly reasonable and are exactly the kinds of questions any good journalist would be itching to ask any elected official with the disastrous track record that Barack Obama has. Unfortunately, we don’t have very many good journalists in the White House press corp or on the major television/cable networks. Instead, what we have are “former” Democratic Party operatives like George Stephanopoulos, disguised as journalists whose only goal is to make Republicans look bad so that Democrats can get elected.
Shooting himself in the foot: Mitt Romney said Tuesday that cutting government spending would hurt the economy.
Though Romney clearly was trying to make a more subtle point, this is the kind of statement that is killing him with Republican voters.
The White House chart that illustrates the irresponsible nature of Obama’s proposed budget.
Yes, that’s right, the chart is from the White House itself, which means they themselves know how useless their proposed budget is, and how little they care. More here, including video of a truly entertaining but clarifying exchange between Congressman Paul Ryan and Treasury Secretary Tim Geithner.
From Obama’s own Treasury Secretary, describing Obama’s own budget proposal:
Even if Congress were to enact this budget we would still be left with – in the outer decades as millions of Americans retire – what are still unsustainable commitments in Medicare and Medicaid.
The day of reckoning looms.
