Romney extends lead among Independents to 14 percent

By: Dan Spencer (Diary)  |  July 10th at 11:00 AM  | 

In the new ABC News/Washington Post poll, former Massachusetts Governor Mitt Romney extends his lead among Independents to 14 points, 53-39 percent. Two months ago, a  POLITICO/George Washington University Battleground poll found Romney had a ten-point lead among the critical Independent voters. The mainstream media is touting the poll as showing the race is “dead even” — a 47-47 percent Obama-Romney contest among registered voters. | Read More »

Romney: Obama’s reckless spending fans a ‘prairie fire of debt’

By: Dan Spencer (Diary)  |  May 15th at 05:00 PM  | 

Speaking in Des Moines, Iowa this afternoon, Romney took President Obama to task for his incessant spending and borrowing: “Today America faces a financial crisis of debt and spending that threatens what it means to be an American. Here in the heartland you know in your hearts that it’s wrong.  We can’t spend another four years talking about solving a problem that we only make | Read More »

Obama’s deficit reduction – a measly $400 billion over ten years

By: Dan Spencer (Diary)  |  February 13th at 10:30 AM  | 

President Obama offers deficit reductions of a woefully inadequate $400 billion over ten years as he continues his ”trillion-dollar deficits for years to come.” In this week’s edition of his, or rather “Your Weekly Address,” President Obama claims he is ”proposing a new budget that will help us live within our means”: My budget freezes annual domestic spending for the next five years – even on programs I | Read More »

Obama’s shameless ‘having it both ways’ press conference

By: Dan Spencer (Diary)  |  March 26th at 08:16 AM  | 

Calvin Woodward fact checked Obama’s second presidential press conference and concluded Obama is trying to have it both ways on the economy — Obama asked for patience for the economy to turn around, but his budget is based on the bullish assumptions of solid growth next year after a mild, further decline this year:

Obama deficit spending interest – another $4.5 trillion

By: Dan Spencer (Diary)  |  March 4th at 12:30 PM  | 

A hidden cost of President Obama’s big government spending orgy is the interest that will have to be paid on all the money that must be borrowed so Obama can expand the size and role of government. William W. Beach says the Obama deficits in this year’s proposed budget will cost an additional $1.6 trillion on the national debt over 10 years. If we go | Read More »

Obama budget – more spending than anyone can comprehend

By: Dan Spencer (Diary)  |  February 28th at 08:35 AM  | 

With his debt-busting budget which contains a $trillion tax increase, President Obama plans to have the Federal government spend 25 percent of the entire U.S. economy – one out of every four dollars produced in the U.S. Obama’s massive spending plan puts the Democrat-controlled Congress on track to double the national debt by 2010 – to $17.6 trillion, after just four years of controlling the | Read More »

Obama’s Budget: $4 trillion in spending, a $1.75 trillion deficit, and another $750 billion bank bailout

By: Dan Spencer (Diary)  |  February 26th at 07:47 AM  | 

President Obama’s national debt busting first budget projects a $1.75 trillion deficit so Obama can spend nearly $4 trillion in fiscal year 2010 and “creates space” for another $750 billion bank bailout. The White House will formally release Obama’s budget boondoggle overview at 11:00 a.m., but at FoxNews, Major Garrett provides a preview: Senior administration officials would not disclose a precise figure for the entire | Read More »

Obama the deficit hawk

By: Dan Spencer (Diary)  |  February 14th at 12:30 PM  | 

“We are not going to be able to perpetually finance the levels of debt that the federal government is currently carrying.” — President Obama, February 12, 2009 That was yesterday, before the Congressional Democrats and three Senate Republicans gave President Obama his national debt-busting $787 billion bailout boondoggle, which will actually cost $3.27 trillion. Now, with his so-called “stimulus” in hand, Obama will morph into | Read More »

Obama and the Democrat-controlled Congress are real big spenders

By: Dan Spencer (Diary)  |  January 16th at 12:15 PM  | 

In an audacious display of chutzpah, President-elect Obama and the Democrat-controlled Congress advance plans to spend an additional $1.2 trillion — an amount that will double the record breaking $1.2 trillion budget deficit, while Obama tells Washington Post reporters and editors he will convene a “fiscal responsibility summit.” Under Obama’s veto threat, the Senate, by a vote of 52 to 42, released the second $350 | Read More »

Obama: ‘Trillion-dollar deficits for years to come’

By: Dan Spencer (Diary)  |  January 6th at 04:17 PM  | 

President-elect Obama predicts “trillion-dollar deficits for years to come.” “We’re already looking at a trillion-dollar budget deficit or close to a trillion-dollar budget deficit, and that potentially we’ve got trillion-dollar deficits for years to come, even with the economic recovery that we are working on at this point,” Obama said. The federal deficit was about $455 billion for fiscal year that ended on Sept. 30, | Read More »