Fine print of spending deal ’still under negotiation’
The fat lady hasn’t sung yet: The budget deal fine print is “still under negotiation.”
The fat lady hasn’t sung yet: The budget deal fine print is “still under negotiation.”
The fat lady hasn’t sung yet: The budget deal fine print is “still under negotiation.”
A government shutdown is averted as congressional leaders have reached an agreement on a budget deal. Here’s some analysis of the political ramifications.
A government shutdown would idle all but 500 NASA workers.
This monstrosity has got to be repealed: Six pages of Obamacare equals 429 pages of regulations.
Two Americas: public vs. private. The graph illustrates our nation’s problems quite clearly.
Looks like he has decided to shut the government down: Obama rejects latest Republican budget.
The House Republicans last night introduced a one-week stopgap continuing resolution with $12 billion in spending cuts.
My heart bleeds: Federal workers in shutdown limbo.
Considering government workers generally make twice the salary of workers in the private sector, I have little sympathy for them and consider this to be nothing more than a pig squealing.
The Republican response to the various Democratic claims that a budget deal is imminent: There is no deal, and $33 billion in cuts is “not enough.”
It’s a start, though it really isn’t enough: the Republican 2012 budget will call for $4 trillion-plus in cuts over the next decade.
Ryan said Obama’s call for freezing nondefense discretionary spending actually locks in spending at high levels. Under the forthcoming GOP plan, Ryan said spending would return to 2008 levels and thus cut an additional $400 billion over 10 years. [emphasis mine]
Note that no one was starving and children weren’t dying for lack of federal spending in 2008.
So, why did we pass this piece of garbage again? The Obama administration has issued another 129 waivers to Obamacare (almost half to unions), bringing the total to 1,168.
Bernard Lewis: “The tyrannies are doomed.” I hope he’s right.
It’s a trend! Ohio and New Hampshire have followed Wisconsin, their legislatures passing laws limiting union power.
Note that in New Hampshire, the law still has to be approved by the state Senate.
This idiotic thing has got to be repealed: Nearly $2 billion already paid to unions, state public employee systems, and big corporations under Obamacare.
The program began making payouts on June 1, 2010. Between that date and the end of 2010, it paid out about $535 million dollars. But according to the new report, the rate of spending has since increased dramatically, to about $1.3 billion just for the first two and a half months of this year. At that rate, it could burn through the entire $5 billion appropriation as early as 2012. [emphasis mine]
The squealing is now getting idiotic: The administrator of the U.S. Agency for International Development claimed on Wednesday that GOP budget cuts for the 2011 budget “would lead to 70,000 kids dying.”
More proof it’s nothing but pork: Witnesses at House committee hearing express strong concerns about the heavy-lift rocket plan (the-program-formerly-called-Constellation) imposed on NASA by Congress.. Key quote:
“We simply do not know what is next,” said Maser, president of Pratt & Whitney Rocketdyne, which builds the space shuttle’s main engines. “We are in a crisis.”
Gotta have your KGB: Homeland Security accused of witness tampering, political manipulation of FOIA requests, and the attempted theft of Congressional committee documents.
So this is why they lobbied for the crappy bill: AARP’s billion dollar Obamacare windfall.
Almost half of the $500 billion in ObamaCare’s Medicare cuts come out of Medicare Advantage. The cuts don’t kill the program, but they mortally wound it. CBO estimates that the Medicare Advantage program will be cut in half, causing over 7 million seniors to lose their health care coverage. They will be forced to return to traditional Medicare and, in most cases, will need to purchase Medi-Gap coverage.
Using very conservative assumptions (AARP keeps its current share of the Medi-Gap market and premiums don’t rise), this increase in the Medi-Gap market will generate more than $100 million a year in additional license fee revenue for AARP. Over a billion dollars every decade. Keep in mind, this revenue is simply for using AARP’s name, so it is almost pure profit.
Now CNN reports a deal in Congress calling for $73 billion in cuts for this year.
Once again, though these amounts are minuscule, I like the political trend, which is blowing increasingly in the direction of cuts, and cuts only.
The reckoning is about to arrive: The federal treasury is down to $58.6 billion in cash with only $130.5 billion in borrowing authority.
Meanwhile former Democratic operative George Stephanopoulos reports that a tentative deal between the parties in Congress will finalize the cuts from last year’s budget at $33 billion.
As I said, the reckoning is about to arrive.
A quick summary of the legal situation in Wisconsin.
Are they blinking finally? Harry Reid (D-Nevada) suggested yesterday that the Democrats might be willing to compromise in budget talks.
Repeal the goddamn thing already! It appears that Louisiana will be the ninth state to seek a waiver from Obamacare.
Congressmen rack up unpaid parking tickets.
As Glenn Reynolds would say, laws are for the “little people.”
The pigs rule! Congress to NASA: follow the authorization act.
In other words, Congress wants NASA to spend money (Pork!) on a rocket it can’t complete for the cash provided.
How the IRS harasses and oppresses.
The Defense and Transportation departments have slammed the FCC over its approval of a new broadband service that they think will interfere with GPS.
More leftwing civility: Wisconsin Republican legislators continue to face threats.
“Protesters have congregated at the homes of Republican legislators, surrounded their cars and jeered at them as they walk to work, Mr. Jefferson said,” the Journal reported.