Friday, January 29, 2010
Thursday, January 28, 2010
Tuesday, January 26, 2010
This budget freeze the President came out with last night is absolute hogwash! Nothing more than a bone that he is throwing to fiscal conservatives. And to top it off, it will make absolutely no difference whatsoever.
First of all, the Government plans on spending $15 Trillion over the next ten years and the President said that these budget freezes, which by the way will only affect one-sixth of all budget spending and will not end yearly inflation increases and won't take affect until 2011, will save $250 billion dollars. So if we take $15 trillion and divide it by $250 Billion, we get a total savings of 1.67%. Sounds great doesn't it? But let's look at some other facts.
Do you remember when the President said he was looking for ways to save money back in April? But he was going to save money so that the money could be used for other programs. Do you think that won't happen with these "savings"? Here's the quote from April.
Remarks By The President After Meeting With The Cabinet April 20, 2009
"And in the next few weeks we expect to cut at least 100 current programs in the federal budget so that we can free up those dollars in order to put them to use for critical areas like health care, education, energy, our foreign policy apparatus, which is so important."
And let me remind you of the budget deficits we put on the books each month for 2009. His "savings" would only "save" a month or two. Here are the monthly deficits for last year.
http://crfb.org/blogs/monthly-treasury-statement-shows-1417-trillion-final-deficit-number-fy-2009
And then there's this.
From the American Planning Association
The Department of Housing and Urban Development (HUD) receives $43.7 billion in the proposed budget, which is a 7 percent increase from the enacted FY 2009 level.
The administration proposes $12 billion for the Department of Interior in 2010, an 8 percent increase from FY 2009 levels. This proposal invests in programs that will address climate change and clean energy, and stimulate the economy.
Overall funding levels for the Department of Transportation increased slightly from amounts authorized in the 2009 omnibus appropriations bill. Highways and bridges will receive and 8 percent increase in funding, transit receives a 2 percent increase and Amtrak is allocated an additional 15 percent. High speed rail, a priority of the Obama administration, will receive $1 billion this year, with a planned $5 billion over the next five years.
The president's budget proposes a significant increase in funding for the Environmental Protection Agency (EPA). The administration proposed $10.5 billion in discretionary funding for EPA in FY 2010. This is a 45 percent increase from the level enacted for FY09. The proposed EPA budget reflects the administration's priorities including their efforts to address climate change.
The administration proposes $25.7 billion for the U.S. Department of Agriculture, a 6 percent increase from the FY 2009 appropriation. There are proposed cuts to crop insurance subsidies and direct payments to large farms, which would offset increased funds for food assistance programs.
First of all, the Government plans on spending $15 Trillion over the next ten years and the President said that these budget freezes, which by the way will only affect one-sixth of all budget spending and will not end yearly inflation increases and won't take affect until 2011, will save $250 billion dollars. So if we take $15 trillion and divide it by $250 Billion, we get a total savings of 1.67%. Sounds great doesn't it? But let's look at some other facts.
Do you remember when the President said he was looking for ways to save money back in April? But he was going to save money so that the money could be used for other programs. Do you think that won't happen with these "savings"? Here's the quote from April.
Remarks By The President After Meeting With The Cabinet April 20, 2009
"And in the next few weeks we expect to cut at least 100 current programs in the federal budget so that we can free up those dollars in order to put them to use for critical areas like health care, education, energy, our foreign policy apparatus, which is so important."
And let me remind you of the budget deficits we put on the books each month for 2009. His "savings" would only "save" a month or two. Here are the monthly deficits for last year.
http://crfb.org/blogs/monthly-treasury-statement-shows-1417-trillion-final-deficit-number-fy-2009
| Month (FY) | Jan. 09 | Feb. 09 | Mar. 09 | Apr. 09 | May 09 | June 09 | July 09 | Aug. 09 | Sep. 09 | Oct. 09 | Nov. 09 | Dec. 09 |
| Deficit (billions) | $63 | $194 | $192 | $21 | $190 | $94 | $181 | $104 | $47 | $156 | $125 | $52 |
And then there's this.
From the American Planning Association
The Department of Housing and Urban Development (HUD) receives $43.7 billion in the proposed budget, which is a 7 percent increase from the enacted FY 2009 level.
The administration proposes $12 billion for the Department of Interior in 2010, an 8 percent increase from FY 2009 levels. This proposal invests in programs that will address climate change and clean energy, and stimulate the economy.
Overall funding levels for the Department of Transportation increased slightly from amounts authorized in the 2009 omnibus appropriations bill. Highways and bridges will receive and 8 percent increase in funding, transit receives a 2 percent increase and Amtrak is allocated an additional 15 percent. High speed rail, a priority of the Obama administration, will receive $1 billion this year, with a planned $5 billion over the next five years.
The president's budget proposes a significant increase in funding for the Environmental Protection Agency (EPA). The administration proposed $10.5 billion in discretionary funding for EPA in FY 2010. This is a 45 percent increase from the level enacted for FY09. The proposed EPA budget reflects the administration's priorities including their efforts to address climate change.
The administration proposes $25.7 billion for the U.S. Department of Agriculture, a 6 percent increase from the FY 2009 appropriation. There are proposed cuts to crop insurance subsidies and direct payments to large farms, which would offset increased funds for food assistance programs.
Thursday, January 21, 2010
Friday, January 15, 2010
Tuesday, January 12, 2010
Is The President Pathological When It Comes To Lies?
First, On Whether Or Not Terrorists Should Get Miranda Rights
Next, He Said No Earmarks
Third, No Lobbyists
Fourth, No Tax Hikes
The initiatives amount to a package of tax credits, spending expansions and new mandates on employers to encourage retirement savings by workers. Most of them will be included in Obama's budget for the fiscal year starting Oct. 1, and they will require approval from Congress. Obama will release that budget Feb. 1.
Next, He Said No Earmarks
Third, No Lobbyists
Fourth, No Tax Hikes
The initiatives amount to a package of tax credits, spending expansions and new mandates on employers to encourage retirement savings by workers. Most of them will be included in Obama's budget for the fiscal year starting Oct. 1, and they will require approval from Congress. Obama will release that budget Feb. 1.
Monday, January 11, 2010
Sunday, January 10, 2010
So You Think Socialism And Communism Are Good Systems?
Friday, January 8, 2010
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