The reported budget deal between Obama, Reid, and Boehner is set to cut $38.5 billion, but did you know that in the eight days it took to reach that deal the national debt increased by $54.1 billion? Last week was a step in the right direction with the budget actually being cut, but the deal […]
The Washington Post, of all publications, calls out Minority Leader Nancy Pelosi for her “absurd” and “invented” claims on the effect of compromising with Republicans on the budget. Earlier in the week, Pelosi said that 6 million seniors would be “deprived of meals” if Republicans had their way in the ongoing budget negotiations. The Washington […]
Senate Majority Leader Harry Reid does not take our budget crisis seriously and is refusing to budge from the failed status quo because he is more interested in scoring political points and protecting his pet projects. Instead of working on a fiscally responsible budget, last month he wasted time pontificating about how a cowboy poetry […]
What a difference a day makes. Today President Obama is gassing up Air Force One and heading out of Washington as a government shutdown looms. But just yesterday President Obama said, “Myself, Joe Biden, my team we are prepared to meet for as long as possible to get this resolved.” (And we all know how […]
The Obama Administration’s chief negotiator for the budget, Vice President Joe Biden, has just wrapped up a vacation in Aspen, Colorado. In early March, President Obama touted that Vice President Biden would help broker a budget deal with Congressional Republicans. Since then, Vice President Biden has been traveling the world from Russia to Moldova, and […]
With the Obama Administration and Congress still haggling over how to fund the federal government in 2011, the national debt jumped $72 billion in just one day this week. The cuts that are being debated in Washington do not go far enough. Tough decisions have to be made by both the Obama Administration and Congress […]
Senate Democrats claimed last week that they would cut $6.5 billion from the 2011 budget, which has still not even been passed yet. But last night, the Congressional Budget Office (CBO) released a report saying that the Senate Democrats’ plan was off by almost $2 billion and would actually only cut $4.7 billion. This error, […]