Tag Archives: deficits

Obama Administration Hasn't Implemented $67 Billion In Cost Savings Recommended By The Obama Administration

Obama Administration Hasn't Implemented $67 Billion In Cost Savings Recommended By The Obama Administration

The House Oversight Committee, chaired by Rep. Darrell Issa, released this video today showing the Obama administration’s comical finger-pointing game over who canceled the White House tours and notes that, despite the canceled tours, the President hasn’t implemented $67 billion in cost savings suggested by his own Inspectors General. From PJ Media (emphasis mine): “It’s

Sequester Furloughs Haven't Happened Yet, But Democrats Already Blaming Airport Delays On Cuts

This sort of thing makes me wonder how we ever managed to get by a few years ago when the national debt was like $6.5 trillion smaller. National Review’s Jim Geraghty posts this picture sent in by a reader taken at the Miami airport: As Geraghty notes, already delays are being blamed on the sequester

Obama: "We don’t have an immediate crisis in terms of debt"

We didn’t need President Obama to tell us this directly. The fiscally seriousness budget Senate Democrats have released, and the White House has endorsed tells us how lightly Democrats take our national debt problems. The budget increases spending by $2.1 trillion over the next decade and raises taxes by $1.5 trillion. But hearing the President

Balanced: Democrat Budget Increases Spending By 62%, Taxes By $1.5 Trillion

The ideological break down in the national budget debate has folks on the right arguing for deficit reduction through spending cuts and folks on the left arguing for deficit reduction through tax increases. Yesterday Democrats unveiled a budget – their first in four years, a laughing matter apparently – which true to form proposes $1.5

Sequestered: Military Pulls Funding For Tuition Stipends

A reader sends along the email below which was sent out to Air Force members earlier today. As you can see, it cancels tuition assistance. It was clear that the Obama administration was going to work to make the sequester as painful as possible, and this is another example. Meanwhile, the federal government has advertised

Obama's Sequester Fear Mongering Hasn't Convinced The Public

There’s little doubt that the Obama administration is working hard to make what are, frankly, rather modest spending reductions seem really severe and onerous. But is he convincing the public? Not really, according to a poll from McClatchy: The budget cuts in Washington have not hit home in America, at least not yet. A plurality

Not Sequestered: Obama's Household Budget Is $1.4 Billion Per Year

That’s just the household budget. The personal stuff. Not the policy stuff that’s the President’s job: We are now firmly ensconced in the brutal Age of the Sequester, and things in America are grave. The federal government, we learned on Wednesday, is so strapped for cash that the president has been forced to cut off

Federal Tax Receipts To Set A Record

From the way President Obama and Democrats talk about taxes in America, you’d get the idea that our problem is that we aren’t taxed enough. Yet, according to the CBO, tax revenues are on pace to hit an all-time record this year. The previous record was set in 2007, capping a multi-year expansion in federal

Not Sequestered: Obama Takes 22-Car Motorcade Six Blocks To Dinner

In this report about President Obama’s decision to shut down White House tours as a way to manufacture angst about sequester spending reductions, ABC News’ Jonathan Karl notes that Obama was conveyed last night to a dinner with Senate Republicans by a 22-car motorcade. Total distance traveled? Six blocks. Because, in this time of sequesterpocalypse,

Feds Spend $30,500 On Portrait Of An Ag Secretary Who Served Less Than A Year

Former North Dakota Governor Ed Schafer, a good friend of mine and some-time contributor to this blog, recently had his official portrait hung in Washington DC commemorating his time spent as the Secretary of Agriculture under President George W. Bush. The cost? $30,500. For a cabinet member who served less than a year. Schafer himself,

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