Posts Tagged ‘debt ceiling’

The Pork Report

Pork Report, December 11, 2009: Puppet Show Edition

by The Pork Report

Nearly one in five federal employees paid $100,000 a year or more, and that doesn’t count overtime pay or bonuses

Congress to increase the federal debt ceiling by $1.8 trillion before year’s end

Minneapolis puppet show receives federal stimulus dollars

Columbus City Schools have more than 120 buildings, but the district is renting banquet halls, high-end hotels and conference centers with $145,000 in federal grant dollars intended help low-income students

Washington, DC receiving nearly 10 times as much federal stimulus funds per capita as the rest of the nation

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Rep. John Boehner

America Needs More Jobs, Not More Debt

by Rep. John Boehner (R-OH)

Last week, as the national debt topped $12 trillion for the first time in U.S. history, one influential policymaker said, “I think it is important, though, to recognize if we keep on adding to the debt … that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession.”

WaPo_deficit_chart_March_21st

This analysis was delivered by President Barack Obama, on whose watch “red ink as far as the eye can see” has become the status quo.

While mostly accurate, President Obama’s comments actually miss the fact that our rapidly decaying fiscal situation has already undermined confidence in the U.S. economy.  Washington Democrats saw to that with a trillion-dollar ‘stimulus’ that was supposed to be about creating jobs, but has instead produced countless examples of wasteful government spending while more than three million more Americans have lost their jobs.

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Capitol  Confidential

Coburn to Senate: You Actually Have to Pay For These Bills

by Capitol Confidential

The Democrats are holding a press conference at this afternoon to blast Senator Tom Coburn’s demand that new programs and increased spending approved by Congress be paid for.

At issue is a veterans bill that the Senators would like to pass and issue press releases praising themselves for supporting over Congress’ Veterans Day vacation.  Problem is the bill is not paid for and therefore is just another bounced checked to be charged to future generations of Americans who are already inheriting the $12 trillion debt created by Congress’ reckless addiction to borrowing and spending.   In addition to not being paid for, the bill discriminates against many vets who sacrificed for our nation and were injured as a result.


coburn letter

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