Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Monday, January 14, 2013

Top 10 Percent of Earners Paid 71 Percent of Federal Income Taxes....

 Top earners are the target for new tax increases, but the federal income tax system is already highly progressive. The top 10 percent of income earners paid 71 percent of all federal income taxes in 2009 though they earned 43 percent of all income. The bottom 50 percent paid 2 percent of income taxes but earned 13 percent of total income. About half of tax filers paid no federal income tax at all.

Thursday, January 03, 2013

Obama to 'Quickly' Go for Immigration Reform and Gun Control....

We must stay vigilant!!! 
I feel the reason the Obama Administration makes "everything" that happens in DC these days a "crisis" situation is that they feel it will eventually wear people down. 
Heck, it is already. They believe they can wear us down to the point we don't even watch anymore. 
That "my vote doesn't make a difference" mentality.....we must NOT allow this to happen. 
Not to sound dramatic..but our Country and the very Constitution it was created from are in serious danger. Their only protection will have to come from "We the People"....

"The timeframe is likely to be cheered by Democrats and immigration reform advocates alike, who have privately expressed fears that Obama's second term will be drowned out in seemingly unending showdowns between parties."

The outlet claims that it is "unclear what type of immigration policies the White House plans to push in January."

No details on what sort of gun control legislation the White House will seek were offered in the article.

Wednesday, January 02, 2013

Tax Cuts and Duplicity.....

Interesting read....gives me hope for Paul Ryan - though he just disappointed me more than I thought possible voting for the Fiscal Cliff proposal....

Those income tax rates reflect a middle class tax cut that was adopted by a Republican Congress and a Republican President 12 years ago, which virtually all Congressional Democrats voted against at the time. That is why they are called the Bush tax cuts. President Obama told us when he was running s office that the Republicans only cut taxes for the rich. But now all we have heard is about how we can’t let the Bush tax cuts for the middle class expire.

Wednesday, December 19, 2012

Obama’s Fiscal Cliff Plan Still Not Balanced.....

Obama’s latest counteroffer is no more acceptable than his first offer. Short on details concerning actual spending reductions, especially on entitlements, it is replete with his requisite tax hikes and (we are shocked) new stimulus spending. The cherry on top is an extension of the debt limit for two years, essentially handing over authority to raise it to the President.

Right.

Wednesday, November 28, 2012

The Fiscal Cliff: Absolutely everything you could possibly need to know.......

Analysts disagree on exactly how quickly the recession would begin. That’s why the “cliff” metaphor is inapt. If financial markets freak out, it might happen very quickly, proving the “cliff” imagery correct. But it might happen gradually, affirming those who’ve argued it’s a “slope.”

D.C. Suburb Spending $100K on ‘Application Assistance’ for Illegals Seeking Obama's 'Deferred Action'......

Run for the hills...all hope is lost.......JEEZ!

Officials in Montgomery County, Maryland, an affluent suburb of Washington, D.C., voted to approve $100,000 of public money to help illegal aliens sign up for President Barack Obama’s administrative amnesty program for certain young illegal immigrants.

Monday, November 19, 2012

Treasury Secretary Geithner: Lift Debt Limit to Infinity .....

Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity.

On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he believes “we ought to just eliminate the debt ceiling.”

“Oh, absolutely,” Geithner said.

“You do? Will you propose that?” Hunt asked.

Paul Ryan Emerges as Power Broker in Fiscal Talks ......

Speaker John A. Boehner has tapped Mr. Ryan, who has returned to his post as the House Budget Committee chairman after an unsuccessful run for vice president, to help strike a deal to avoid big tax increases and spending cuts by the end of the year, and to bring along fellow Republicans.

“He helps us toward creating a product,” said Senator Rob Portman, Republican of Ohio, “and he helps sell the product.”

Thursday, November 15, 2012

Jackson Jr. won’t resign until he gets disability pay......

Sources tell FOX 32 News that Congressman Jesse Jackson Jr. is willing to give up his 2nd Congressional District seat if he's given disability when he steps down.

Jackson Jr. was re-elected to his tenth term but last month, sources say, he applied for a disability package--what could be his only income if he resigns. It is expected to take a couple of weeks for Congress to approve or deny the request.

Ryan to Obama: Get 'Revenue Through Growth,' Not Taxes.....

This isn't obstructionist...it's educational. Find out why Class Warfare does NOT work....the House is our last line of defense!



Speaker Boehner has outlined a bipartisan way forward to avoid the "fiscal cliff" and get our economy growing: common-sense entitlement reform coupled with pro-growth tax reform. We can find common ground on responsible spending restraint and greater revenue through economic growth, but we have yet to see either a serious plan or leadership from President Obama. Speaker Boehner and House Republicans have delivered both.

Wednesday, November 07, 2012

Ryan returns to House: What next?

Gone are the platitudes that defined Mitt Romney’s campaign. Speaker John Boehner (R-Ohio) and Congress will almost certainly have to cut a massive debt and deficit deal with President Barack Obama. And without Ryan’s imprimatur – or at least public approval – any compromise will be a tough sell.

Paul Ryan loses vice presidential bid, keeps House seat....

One bright spot..........

Of all the major candidates up for election Tuesday, Paul Ryan was the only one who really couldn't lose either way.


If he won, he'd be a heartbeat behind Mitt Romney in the White House — establishing a strong vice presidency he said would be modeled after former Vice President Dick Cheney.

Thursday, November 01, 2012

The Case for Mitt Romney .....

A President Romney would be utterly unburdened by messianic expectations. If he’s elected, the American public will have hired him to do a job, not to save the planet or redeem our politics. Thankfully. We’ve had enough self-styled heroic government to last us a good long time.

Paul Ryan: '2013 Could Be A Renaissance In America'.....

PAUL RYAN: “Our commitment is really clear. We're saying here are the solutions; here are the principles we're going to use; here's our proven bipartisan track record of actually delivering results and getting things done; here's what we're going to do. And I've got to tell you, 2013 could be a renaissance in America, in the world and in America. 2013 can be the year we get our economy growing, we start creating 12 million new jobs, we put these pro-growth policies in place and we reaffirm the American idea by electing Mitt Romney the next President of the United States.”

Wednesday, October 31, 2012

On Halloween, the Specter of Taxmageddon Rises.....

On this Halloween, a truly frightening specter is looming.

No amount of garlic, crosses, or exorcists can help us—only Congress and the President can chase this ghoul away.

It’s Taxmageddon.

A horrifying combination of expiring pro-growth tax policies from 2001 and 2003, the end of the once-temporary payroll tax cut, and just a few of Obamacare’s 18 new tax hikes, Taxmageddon will be the largest tax increase EVER to hit Americans. It’s nearly $500 billion in one year, starting January 1. That’s two months away.

Thursday, October 25, 2012

8,803,335: Another New Record for Disability—Up 975 Per Day Under Obama.....

The number of American workers collecting federal disability insurance benefits hit yet another record high in October, according to the Social Security Administration.

This month 8,803,335 disabled workers are collecting benefits, up from the previous record of 8,786,049 set in September.

Obama Privately Touts Sequester After Denying Responsibility in Debate.......

After loud complaints from new and mainstream media alike, the transcript of the President's interview with the Des Moines Register was made public today. Since these comments on the sequester represented a complete reversal of the position he took at the debate less than 24 hours earlier, it's easy to understand why the President's campaign initially wanted to keep them off the record.

Paul Ryan Lays Out a Vision for Reforming Welfare, Fighting Poverty....


Tragically, this massive welfare state has been a driver of dependency. Today, 100 million Americans—roughly one-third of the U.S. population—receive aid from a government welfare program (not including Social Security, Medicare, or unemployment insurance).

As Ryan noted, in the 1990s Congress passed the historic welfare reform law, inserting work requirements into the largest federal cash assistance program. This was a huge success.

Wednesday, October 24, 2012

In Ohio, Ryan takes on poverty, topic Obama largely avoids.....

In Cleveland today, Republican vice presidential candidate Paul Ryan devoted an entire speech to a topic President Obama has largely avoided in this campaign: poverty. While the GOP team has routinely discussed the plight of the nation’s poor, references to poverty have been largely absent from Obama’s speeches. And today, Ryan made the Republican ticket’s most extensive statement yet on poverty and the question of how to promote upward mobility in America. Here is the speech, in its entirety:

Thursday, October 18, 2012

Govt spent $1.028 trillion on welfare in FY 2011....


“These astounding figures demonstrate that the United States spends more on federal welfare than any other program in the federal budget,” Sessions wrote The Daily Caller in an email. “It is time to restore — not retreat from — the moral principles of the 1996 welfare reform. Such reforms, combined with measures to promote growth, will help both the recipient and the Treasury.”