The CBO estimated that the 2012 budget deficit will top $1 trillion for the fourth consecutive year under the Obama administration. The CBO estimated that the 2012 budget deficit will be approximately $1.1 trillion in a year that President Obama will be making the case to the American people that he deserves four more...
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Obama Adds To Budget Deficit Four Times Faster Than Bush
News Flash: Mitt Romney is Rich
Facing mounting criticism, Republican presidential candidate Mitt Romney released his 2010 and 2011 estimated tax returns today. In summary, the tax returns of Mitt Romney show that Mitt Romney makes a lot of money, he gives a lot to charity, and he pays a lot of money (in terms of dollars) in taxes. According to the...
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The VP Pick Romney Should Avoid
Today, Gov. Mitt Romney picked up an endorsement from Virginia Governor Bob McDonnell. This endorsement should help Romney in a critical swing state both in the 2012 GOP primaries and the 2012 general election should he become the nominee. However, this endorsement brings up the VP pick Romney should avoid. This endorsement adds to...
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Herman Cain Suspends Campaign
All eyes were on Republican presidential candidate Herman Cain today as he was expected to announce if he would be ending his campaign or continuing his quest for the Republican nomination for president. Today at a 1:30 announcement, Herman Cain declared that he would suspend his campaign but would not be silenced. Cain said that...
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What is Behind the Drop in the Unemployment Rate to 8.6%?
The Bureau of Labor statistics announced today that the U.S. labor market added 120 thousand jobs in October and that the unemployment rate dropped from 9% to 8.6%. The number of jobs added and lost and the unemployment rate often seem to be out of step as adding or losing jobs can have a...
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Democrats Pave The Way To Repeal Obamacare
President Obama would be surprised to learn that Senate Democrats have paved the way to repeal Obamacare. Republicans and conservatives have been planning ways to repeal Obamacare and were facing an up hill battle. However, Senator Reid (D-Nevada) unwittingly gave a gift to those wishing to repeal Obamacare earlier this week. Senator Reid invoked...
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Senate Democrats Block Obama Jobs Bill
Earlier this week, Senate Democrats blocked the passage of the Obama jobs bill. Lacking support by both Democrats and Republicans, Senator Reid (D-Nevada) used the so-called nuclear option to block Senate Republicans from bringing the Obama jobs bill to a vote. President Obama has been demanding that the congress pass his American Jobs Act. ...
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Senate Republicans Introduce Honest Budget Act
Today, Senate Republicans introduced the Honest Budget Act in an attempt to change the way that the Federal Government budgets and spends money. Sen. Jeff Sessions (R-Ala.) and Sen. Olympia Snowe (R-Maine) introduced the Honest Budget Act to make it harder for Washington to hide and justify spending to make the Federal Government operate...
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Perry Up 11 Points Over Romney
A new Rasmussen poll has Gov. Rick Perry up 11 points over Romney in a nation wide poll. The poll shows Perry with 29% support from 1,000 likely GOP primary voters. Romney had 18% with Bachmann finishing third with 13%. The remaining GOP contenders all came in under 10% each. Perry announced his presidential...
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Pawlenty Drops Out of 2012 Race
This morning the Sunday news shows will be discussing the news that former Minnesota Governor Tim Pawlenty (R) ended his campaign for the Republican presidential nomination for the 2012 race following a disappointing finish at the Ames straw poll. Although the Ames straw poll does not have a roll in officially declaring the nominee for Iowa,...
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