Today, several news organizations indicated that in the early hours of the morning, the national debt tops $13 trillion for the first time in history. This news comes as Congress gets set to vote this week on an additional $130 billion of spending to add to the 2010 Obama budget deficit of over $1.4 trillion. The...
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Congress
National Debt Tops $13 Trillion
Jan Brewer Video: Read The Bill
The Arizona Immigration bill signed into law by Gov. Jan Brewer has many supporters and a few critics. Several of those critics are in the Obama Administriation. Several of thoseleading critics of the bill including Janet Napolitano and Eric Holder have spoke out against it. However, neither of them have actual read the law Arizona immigration bill...
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Richard Blumenthal Lied About Vietnam
Connecticut AG and Senate candidate Richard Blumenthal is making news recently when it was reported he lied about Vietnam service as a Marine. There are several reports and videos showing Blumenthal speaking about “returning from Vietnam”, “I served in Vietnam”, “wore the uniform in Vietnam”. This issue is that he never left the United...
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You Cut Federal Budget Results
Last week Rep. Eric Cantor (R-VA) announced the start of the You Cut Federal Budget program. The idea behind the you cut budget program is that voters can vote on items presented each week to cut from the federal budget. As we reported last week, Youcut is a program put forth by House republicans to help...
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You Cut The Federal Budget
Youcut is a program put forth by House republicans to help curb federal spending, reduce the budget deficit, and potentially reduce the national debt. The program is designed to allow Americans to vote for federal budget items that they would support cutting from the federal budget. In a recent interview in the Richmond Times...
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Does Obama Think You Make Too Much Money?
The Obama Administration is well known for its attacks on corporations, CEOs, the wealthy, the rich, wall street bankers, and Fat Cats. However, over the last several years, Obama has hinted at his views toward the amount of money people should earn and when they should earn it. He often attacks CEO salaries, executive...
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Initial Jobless Claims Continue To Rise
The media and the Obama administration continually spin the jobless claims numbers. The initial jobless claims go up or down weekly. When the number goes down, the media and the Obama administration hail the falling initial jobless claims as a sign that Obama’s policies are working. When the numbers go up the answer is...
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The VAT Tax Is A Great Idea
A new tax debate is about to begin. Recently, the White House advisor Paul Volcker proposed that a VAT tax would help reduce the budget deficit. He further indicated that other taxes, such as taxes on carbon would could also help reduce the deficit. A Value Added Tax (VAT) is a tax that is...
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Obama Deficit Will Cause National Debt to Soar
The Obama administration has produced a record budget deficit of over $1.3 trillion for fiscal year 2010. The CBO has re-estimated its 10 year projections to predict that Obama’s budget deficits will push the country almost $10 trillion further in debt by 2020. Putting the federal deficit in terms that Americans can understand, when Obama...
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Health Care Reform a Done Deal?
With the issuing of an executive order, President Obama may have tipped the scales in favor of the Democrat Health Care Reform plan. Representative Bart Stupak has indicated that with the assurance that an executive order barring the use of federal funds for abortions issued by President Obama, he and several other pro-life Democrats...
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