Federal budget deficit to stand at $1.1 trillion:
A new budget report released Tuesday predicts the government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still very high by any measure.
Now, will someone in the legacy media please ask President Obama what his plans are to lower the deficit? And follow up when he talks about raising taxes on millionaires and billionaires as such hikes will barely dent the deficit?
I have been looking for an analysis of just how much the “Obama Tax Increases” will raise. I can’t seem to find a “reliable” number. Can anyone help?
No need. We all know he can’t make any plans to lower the deficit because there are icky Republicans controlling the House of Representatives…. Duh!
There’s thousands of tax increases coming from ObamaCare, Dodd-Frank, Porkulus & new EPA regulations. The uncertainty in the above matters is part of the reason why no one is hiring.
Obama is stumped when woman confronts Obama about husband unable to find a job:
http://www.realclearpolitics.com/video/2012/01/30/obama_tells_woman_her_husband_shouldnt_be_unemployed_according_to_him.html
His response? “Interesting.” In other words, Obama’s handlers let a person in who is not an Obama sycophant & he was unprepared for the question.
For whatever reason, it appears that cutting your expenses and paying your bills is an “extremist” act.
Apparently, we have some obligation to increase the taxation on those who pay taxes in order to keep the goodies flowing to those who don’t pay taxes.
Apparently, it is “extremist” to cut back on the goodies to people who don’t pay taxes which has added 1.1 trillion dollars to the deficit this year alone.
I wonder how one arrives at the non-extemist definition of extremist.
As the host decays, the saprophyte demands more nutrition. Maybe it is time to put the fungus to some useful purpose.
As long as the Democrats keep up the old bait-and-switch of “Tax increases now, spending cuts ten years from now (*wink*),” there is no reason for Republicans not to hold the line.