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 »
After promising time and time again to focus on jobs. After promising time and time again to pivot to jobs. After promising time and time again to give a jobs plan speech right after his Martha’s Vineyard vacations. After promising new fresh proposals, not a rehash of plans he has pitched previously. After demanding time and time again before a joint session that Congress pass | Read More »
Unfortunately, except for the price tag, President Obama’s big jobs stimulus speech was nothing new and all too familiar and repetitive. It really was that repetitive. Obama used some version of “pass this bill” — 17 times in his stimulus speech.
President Obama will address a Joint Session of Congress tonight to present his new jobs reelection stimulus plan, which is all too similar to the Obmacrats 2009 failed stimulus plan. A number of members of Congress let it be known that they did not intend to show up for Obama’s presentation. Concerned that empty seats would ruin the optics for the Obama reelection campaign videos, | Read More »
How is President Obama going to say anything in his big jobs speech tomorrow night that will make a difference? Apparently he is not. Obama’s new jobs plan looks remarkably like his $830 billion 2009 economic stimulus package. According to Al Hunt the latest Obama job plan stimulus includes tax cuts, infrastructure spending, unemployment benefits extension and direct aid to state and local governments. At | Read More »
Our national strength does not come from bailouts and government spending. It comes from a free enterprise system and the hard-working honest citizens who make it run. — Pat Toomey In this week’s Weekly Republican address, Republican Senate candidate and former Representative Pat Toomey talks about the wasteful and extravagant spending of the Democrats’ extreme agenda. Toomey succinctly lays out the problem Obama and the | Read More »
The Recovery Accountability and Transparency Board, the government watchdog which oversees how the stimulus monies are spent reports contractors who received money from President Obama’s failed $787 billion stimulus program created or saved 30,383 jobs by the beginning of October. According to the Wall Street Journal, this report covers only spending on infrastructure and social programs being carried out by private companies, which were awarded | Read More »
Despite all the happy talk that there are signs that the economy is improving, or at least bottoming out, there is little hope that the unemployment rate will improve anytime soon. Job losses accelerated last month to 467,000, “an unexpectedly large amount.” The unemployment rate rose to 9.5%, the highest level since August 1983. According to the Associated Press, unemployment is actually much worse: If | Read More »
In today’s “Weekly Republican Address,” House Republican Leader John Boehner asks, “Where are the jobs?” It’s a good question. After all, to justify spending trillions of borrowed money on President Obama’s so-called stimulus, energy and health care bills, Obama and the Democrats promised the unprecedented spending would create jobs: The president and Democrats in Congress claim this spending binge is necessary to put Americans back | Read More »
In Hartford, part of New England which has only Democrat representation in D.C., the tax day Taxed Enough Already (TEA) party protest drew a crowd of thousands: An anti-bailout, anti-stimulus “tea party” at the state Capitol in Hartford on Wednesday drew an estimated crowd of 3,000 to protest what they consider excessive government spending on the day that many Americans pay their federal and state | Read More »
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 »
With the so-called “stimulus” bill, President Obama has thrown the change he promised under the bus. On his Change.gov website, Obama promised to “end the practice of writing legislation behind closed doors” – to “restore the American people’s trust in their government by making government more open and transparent. Obama will work to reform congressional rules to require all legislative sessions, including committee mark-ups and | Read More »
“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 »
The Boston Globe reports Senator Edward Kennedy is going back to Florida, where he has been resting after suffering a seizure on Inauguration Day, Kennedy’s absence has Senate Democrat leader Reid seeking another moderate Republican or two to vote for the compromise version of the stimulus on Friday: With Kennedy’s vote and those of three Republicans, the Senate passed the plan with 61 votes — | Read More »
The Heritage Foundation reports that the true cost of the so-called “stimulus” is going to be $3.27 trillion. That’s right, President Obama’s bloated bailout boondoggle is going to cost four times the already outrageously expensive $789 trillion Senator Susan Collins finds “fiscally responsible.” Here’s the skinny from Heritage:
Now that President Obama, the House and Senate Democrat leadership, and three Republicans have agreed upon the parameters of Obama’s now $789 billion bailout, unelected Democrat staffers, in total secrecy, will write the biggest spending bill in the country’s history in total secrecy. Today or tomorrow, Congress will vote blind, without having anything like a reasonable amount of time to read, let alone sufficient time | Read More »
Republicans push back against turning a stimulus package into a bloated boondoggle. Republican Senators spent the day at a retreat at the Library of Congress with three distinguished economists–Martin Feldstein, Larry Lindsey, and Peter Wallison–talking about how to get the economy going. At the conclusion of the retreat Senators McConnell and Alexander spoke about what an economic stimulus ought to contain: Senator Alexander: We — | Read More »
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