President Barack Obama Says He Won’t Balance Budget ‘Just for the Sake of Balance’ … In Other Words, He Will Never Balance It!

File the following under something we did not know … Barack Obama has no intention of ever balancing the budget.

In an exclusive interview with ABC News, President Barack Obama rejected calls to balance the federal budget, as set forth by Rep. Paul Ryan (WI-R) in his recently released budget, in the next ten years and instead argued that his primary economic concern was not balancing the budget, but rather growing the economy. HUH? Growing the economy, how does this socialist, anti-capitalist, over-regulating president plan on doing this? What a shock, Barack Obama has returned back to his fear mongering and smear tactics after Paul Ryan released a responsible way to provide growth and reduce the budget. Let’s face it, Obama has no idea what he is doing with the economy and does not plan to reduce the deficit, because he is the one who has mainly helped in creating this $16 trillion and counting debt. The only growth that Obama knows is the record number of Americans on food stamps.

 Obama, I plan on balancing the budget this much.

My goal is not to chase a balanced budget just for the sake of balance. My goal is how do we grow the economy, put people back to work, and if we do that we are going to be bringing in more revenue,” he said. Obama rejected a proposal put forth by Rep. Paul Ryan today that would balance the budget in ten years, saying the Republican House member’s plan “slashes deeply” at programs like Medicaid.

Instead, Obama went back to his more comfortable demonization and “Divider” in Chief, community agitator mode and told George Stephanopoulos that Ryan and Republicans are attempting to balance the budget on the backs of the poor, the elderly, students. So much for the “offensive charm”, welcome back the blame and division of America. So I guess Obama is trying to destroy America on the fronts of the poor, elderly and students? Just wondering, what ever happened to shared sacrifice and everyone is supposed to have skin in the game, including the poor, elderly and students?

We’re not gonna balance the budget in ten years because if you look at what Paul Ryan does to balance the budget, it means that you have to voucher-ize Medicare, you have to slash deeply into programs like Medicaid, you’ve essentially got to — either tax — middle class families a lot higher than you currently are, or you can’t lower rates the way he’s promised,” the president told me. “So it’s really, you know, it’s a reprise of the same legislation that he’s put before.” “If we controlled spending and we have a smart entitlement package, then potentially what you have is balance — but it is not balance to, on the backs of the poor, the elderly, students who need student loans, families that have disabled kids. That is not the right way to balance,” he said.

 As we are reminded by the WAPO, Obama plans to release his own budget plan in April, two months after the president is required to announce his budget priorities to Congress. Far be it from Obama to actually perform the required duties of his office. Yet another case of leading from behind as Obama will first see the Ryan and Senate Democrat plan before he puts together his own. Like he would know how to create a budget in the first place. With this deficit $trillion spending president, it is akin to an alcoholic penning his own “what I will not drink today” plan.

Paul Ryan: GOP Budget Blueprint Includes Repeal of Obamacare (Obamatax Job Killing, Budget Increasing) Disaster

This weekend on FOX News Sunday, Rep. Paul Ryan (WI-R) stated that the budget blueprint he plans to unveil on Tuesday will promote repealing Obamacare.  Let’s hope that both Ryan and the GOP are sincere and have a spin and the conviction to go through with this. As we continue to learn every day, Obamacare will bankrupt the United States and destroy jobs. We need healthcare reform in the US, Obamacare is not it. Obamacare is not providing any of its promises, in fact it is doing just the opposite.

Wisconsin Rep. Paul Ryan, chairman of the House Budget Committee, said Sunday that his new budget includes the repeal of President Obama’s health-care reform law known as ObamaCare.

Ryan told “Fox News Sunday” that the new proposal will make enough cuts to balance the federal budget in 10 years, compared to his previous one that tried to achieve that goal in 25 years.

“We think we owe the American people a balanced budget,” the Republican congressman said.

Ryan said the focus of the ObamaCare repeal would be to stop the expansion of Medicaid, the federal program that provides medical services to low-income U.S. families.

“Our budget does promote repealing ObamaCare and replacing it with a better system,” said Ryan, who did not say whether his 2014 budget is based on a full repeal.

Thanks to Obamacare … Businesses Are Hiring Less And Laying Off Workers

Former Speaker of the House Democrat Nancy Pelosi may have told only one truth in her political life when she said, We have to pass Obamacare to find out what’s in it. However, it was like playing Russian roulette in doing so. Guess what America, there was a bullet in the chamber.

As reported at The Hill, the Federal Reserve released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring.  The complex and all encompassing law is not just about healthcare, its about control of ones life and the government take over of healthcare. Why would one think that there are over a thousand pages? As reported at the Weekly Standard, that Obamacare baffles even its ardent supporters as was the case with Donna Brazile who famously tweeted her confusion a week or so ago. The bill is awesomely complex and the claims made for it by its authors and supporters are impossibly optimistic many of whom may not really expect it to perform as sold.  Obama, Pelosi, Reed, Democrats and the liberal MSM all knowingly misrepresented Obamacare and inflicted this Hell on America.

America, Pelosi, Obama and Reed at laughing at you!

The Federal Reserve on Wednesday released an edition of its so-called “beige book,” that said the 2010 healthcare law is being cited as a reason for layoffs and a slowdown in hiring.

“Employers in several Districts cited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff,” said the March 6 beige book, which examines economic conditions across various Federal Reserve districts across the country.

That line was found in a section of the Fed’s report on employment, wages and prices. That same section also said the Atlanta district noted that healthcare regulations are so burdensome there is a shortage of compliance specialists.

“Atlanta noted a lack of compliance specialists due to heavier regulations in the healthcare industry,” it said.

Remember when Nancy Pelosi told us that Obamacare would create 400,000 jobs, almost immediately? She stated that this job was not only about health care, it was about jobs too. As it turns out, it was about neither and you bought it hook, line and sinker America.

Obamacare is a nightmare for America and now it appears that the cowardly establishment Republicans  do not have the spine to defund this beast.

Barack Obama, the Lying King: White House Econimic Adviser Gene Sperling Admits WH Proposed Sequester After Obama Lied About It in Debate

BARACK OBAMA, THE LION LYING KING: SEQUESTRATION EDITION …

Yesterday on NBC’s ‘Meet the Press,’ White House economic adviser Gene Sperling admitted that, yes, in fact, the sequestration was President Obama’s plan, even though Obama lied about it during the 2012 Presidential debates and more recently. Obama claimed that the sequester was not his idea and something he did not propose. Mr. President, YOU LIE!

“We put forth the design of” the sequestration, Sperling finally admits after a long back-and-forth

What is interesting is that the liberal MSM actually did pursue this story. Although it happens of rarely as Halley’s Comet, David Gregory did make Gene Sperling twist in the wind until he finally admitted that the sequestration was Barack Obama’s idea. Weasel Zippers asks, could there be some hope for the MSM to actually hold this administration accountable? Probably not, but anything is better than the nothing that we have observed for the past 4+ years. Which begs the question, what shape would the country be in and would have Obama ever been reelected, let alone elected if the MSM had done their job and held Obama’s feet to the fire?

From Ann Althouse comes the portion of the transcript regarding WOODWARDGATE:

DAVID GREGORY: Here was an e-mail from you to Bob Woodward that was released. In it: “I do truly believe you should rethink your comment about saying that the president asking for revenues is moving the goalpost. I know you may not believe this, but as a friend, I think you will regret staking out that claim.” When you said “you will regret staking out that claim,” what did you mean?

GENE SPERLING: I meant that, while the first issue of whose idea it was, the sequester, was one I disagreed with him on but I could see how honorable people could disagree. I was trying to explain to him, from a substantive point of view, that the idea that the president of the United States was moving the goalpost by asking for the type of balance of tax reform that raised revenues, that the Speaker Boehner himself, as you noted, had called for, as well as long-term entitlements, together, to get rid of the sequester, was not only not moving the goalpost: That was the whole idea of the sequester. And I think that e-mail was cordial. It was substantive. It was polite.

DAVID GREGORY: But you say, “You’re going to regret it.” I mean, does the president think that’s a good idea to say to reporters, to challenge them that, “You’re going to regret staking out that claim”?

Another Accomplishment for Barack Obama … Americans See Biggest Monthly Income Drop in 20 years As Obama Adds $6 Trillion to National Debt

Thanks to Barack Obama … Incomes Down and Debt through the stratosphere.

Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. Of course the bias MSM will have you believe that it is merely a coincidence that this occurred on Obama’s watch. It was Obama’s tax the so-called rich agenda that made corporations pay  out early dividends to avoid the upcoming Obama tax hikes. It was Obama’s refusal to extend the payroll tax cuts that made  most workers (including the middle class that Obama claims to care about) had  to pay 2% more in taxes this year.

Obama must wet himself laughing every day that an ignorant electorate reelected him DICTATOR

Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.

Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.

All this as Barack Obama added $6 Trillion to the National Debt.

Since President Barack Obama took office in January 2009, more than $6 trillion dollars has been added to the national debt.

“Without fanfare, the Bureau of Public Debt at the Treasury Department quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37),” reports Mark Knoller of CBS. [debt clock]

“On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion.”

And debt is expected to increase by nearly another trillion this year. “Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years – all of which will add to the national debt.”

Barack Obama is killing America.