Democrat Erskine Bowles Says in CBS ‘Face the Nation’ … “We Have to Cut Spending … In order to Put out Fiscal House in Order”
Bowles states emphatically that increasing taxes top tax rates back to Clinton era rates will do nothing to solves the problem … we need to cut spending. The presidents plan is not enough.
Democrat Erskine Bowles, who served as President Bill Clinton’s White House Deputy Chief of Staff and one half of the Bowles-Simpson debt reduction duo, said Sunday on CBS’s ‘Face the Nation’ that we have to cut spending to get out fiscal house in order. Bowles went on to say, “the most important thing is, if we are going to raise revenue and if we are going to raise it in any form then we darn well better well cut spending. Cuz spending is the biggest part of this problem and the biggest part of the problem is that healthcare is growing at a greater rate than GDP.”
Bowles said movement is apparent because both sides have taken positions that differ from previously hardened stances. He noted Boehner’s willingness to increase taxes and the president’s openness to cut entitlements.
Although Bowles expressed some optimism, he said the president has to go further. He said the president’s proposal to cut around $350 billion to Medicare is “not enough.”
“We simply made promises we can’t keep. We’ve got to face up to it,” Bowles said of the health care program for seniors. “We’re going to have to do more.”
The full VIDEO of Bowles appearance on CBS ‘Face the Nation’ can be seen HERE.
Posted December 10, 2012 by Scared Monkeys Barack Obama, Democrats, Economy, Healthcare, Obamacare, Out of Control Spending, Social Security, Wasteful Spending, You Tube - VIDEO | no comments |
An Obama Christmas … Salvation Army Seeing Record Number Of Families In Need During Holiday Season
President Barack Obama … The Grinch Who Stole More than Christmas.
The Salvation Army are seeing record number of families asking for help this Christmas season. But what else would one expect when a record number of Americans are on food stamps and an employment participation rate at a dismal 63.6%. Obama and Democrats continue to tour the faux-unemployment rate of 7.7%. More and more Americans are dropping out of the work force, including 350,000 in November alone. All this while Obama claims there is a job recovery without any recovery. Obama and Democrats can spin the economic numbers and situation all they want, Americans know the truth and their circumstances are bleak. At some point Americans will wake up and realize that GWB is not to blame and Obama is. When that occurs there will be hell to pay by Democrats.
Officials with the Salvation Army say they’re seeing a record number of families asking for help this holiday season.
Nearly 18,000 families have registered for Christmas assistance in the last month. That number has grown by 2,500 since last year, breaking the 2009 record.
The Salvation Army official web site.
With all this suffering going on in the US and we have liberals that are more concerned with their liberal ideology than helping those who are in need. This clearly is a mental defect of liberals and shows just how little they care about those who are in desperate need. Their hate so consumes them that they would rather harm the people who are aided by The Salvation Army because of their liberal political ideology. This was never more evident than the screwballs at UC Berkeley who are calling for students on campus to ban the Salvation Army citing their alleged homophobic practices. But these liberal college kids would be the first to be looking for a government hand out at tax payers expense.
Barack Obama has not just stole Christmas, he has stole our children and grand children’s future with the unsustainable debt.
Obama Willing to Go Off “Fiscal Cliff” to Raise Tax Rates on Rich … Harry Reid Blocks Senate Vote on Obama’s Deficit Reduction Plan
What a joke and you are to blame America … You voted this snarky, vindictive, non-serious President back into office and now America will suffer for years to come. What a mess …
President Barack Obama nor US Senate Majority Leader Harry Reid are not serious about fixing the out of control government spending and the ever-growing $16 trillion national debt, all they care about is being vindictive and getting a liberal trophy for raising tax rates on the rich. Yesterday, Treasury Secretary Turbo Tax Timothy Geithner stated that the Obama administration “absolutely” willing to allow the United States to fall off the “fiscal” cliff unless Republicans drop their opposition to higher income tax rates on the wealthy. But what does this really do, nothing. The amount of revenue that would be gained as compared to the $16 trillion debt and continued +$1 trillion Obama deficit spending is like firing a pea at an elephant. The amount of revenue from raising tax rates on the rich would fund government for eight days. That’s it. So why is Obama so adamant about going off the fiscal cliff if tax rates are not raised? To of course get some kind of liberal trophy from the far Left of course. In the end it will accomplish nothing to help the problem we are in and will most likely cause us to go backwards into yet another recession.
President Obama’s lead negotiator in the “fiscal cliff” talks said the administration is “absolutely” willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.
Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are “making a little bit of progress” toward a deal to avert the “cliff” but remain stuck on Obama’s desired rate increase for the top U.S. income-earners.
So how serious is Obama and Reid about helping America through these troubled times of over spending? Not at all. they are merely playing party politics with America’s future. Barack Obama had presented a deficit reduction plan. Senate Minority Leader Mitch McConnell (R-KY) offered an amendment to force a vote on President Obama’s deficit-reduction plan, however, Senate Majority Leader Harry Reid (D-Nev.) blocked it. Do you think that Obama or Reid are serious about what they are doing? Hardly. Reid knew Obama’s plan was a pathetic joke and not serious. Reid knows that no self-respecting member of the Senate, including Democrats would vote for this crap. As reported at the Weekly Standard, Reid calls Minority Leader Mitch McConnell’s request to vote on the plan a “stunt.” Really, what would you call Obama’s deficit reduction plan then, that you are unwilling to put to a vote knowing it would fail and embarrass Obama?
It is obvious that Obama wants to go over the fiscal cliff, thinks he does not to negotiate and believes he is a King not a President.
Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday offered an amendment to force a vote on President Obama’s deficit-reduction plan, but Senate Majority Leader Harry Reid (D-Nev.) was having none of it.
“Last week [Treasury] Secretary [Timothy] Geithner brought up a proposal that was so unserious,” McConnell said on the floor, “I would like to see if my Democratic friends would like to support it.”
Senate vote on what he called the president’s “ridiculous” plan as an amendment to the Russian trade bill that is being considered.
Reid, however, objected to McConnell’s suggestion, saying the Russian trade bill, H.R. 6156, is about job creation, not political stunts from Republicans.
Barack Obama cared little during the first years of his first term as president what the people thought and forced through Obamacare. What exactly did you think this vindictive president was going to do if reelected knowing he does not have to face another election and has no accountability to ‘We the People”.
Welfare State on Steroids … Welcome to America Where it Does not Pay to Work
Welcome to Obama Land, a “welfare” state on steroids … For Every 1.25 People in Private Sector, 1 Person Gets a Government Check.
Remember an America where individuals believed in hard work and perseverance? Remember an America where individuals took pride in their work and believed in an honest days wage for an honest days work? Remember when we believed in getting ahead over entitlement? NOT ANY MORE. Welcome to an Obama world where many do not want to work a normal work week but expect to be paid for it. Welcome to the Obama progressive welfare state where the slackers succeed off those that work hard. America just elected a president who spent $5 trillion during his first term and looks to double down in this second one. Who really gets hurt by this, the rich? Nope, the middle class. For those in the middle class who work for a living to put food on their families table and a roof over their head, have been sold down the river by federal and state governments that have created a welfare system on steroids. How bad has it become in the United States, it does not pay to work. This country is about to hit a tipping point and the point of no return. Who thinks that this was the vision of Our Founding Fathers?
The grim and disturbing news from Zero Hedge Fund:
[I]t is now more lucrative – in the form of actual disposable income – to sit, do nothing, and collect various welfare entitlements, than to work. This is graphically, and very painfully confirmed, in the below chart from Gary Alexander, Secretary of Public Welfare, Commonwealth of Pennsylvania (a state best known for its broke capital Harrisburg). As quantitied, and explained by Alexander, “the single mom is better off earning gross income of $29,000 with $57,327 in net income & benefits than to earn gross income of $69,000 with net income and benefits of $57,045.“
As aptly stated by Powerline, Those who work for a living have been sold out by federal and state governments that have created a welfare system gone mad.
Posted November 28, 2012 by Scared Monkeys 2012 Elections, Barack Obama, Economy, Food Stamps, Government, Government Dependent Class, Jobs, Nanny State - Big Government, Obamanation, Obamanomics, Out of Control Spending, Progressives, Wasteful Spending, Welfare | 3 comments |
Daily Commentary – Thursday, October 18, 2012 – Wastebook 2012 Details Governments Porkiest Projects
- Sen. Tom Coburn has come out with his 2012 Wastebook outlining government waste
Daily Commentary – Thursday, October 18, 2012 Download
Posted October 18, 2012 by Klaasend Dana Pretzer, Facebook, Government, Scared Monkeys Radio, Wasteful Spending | one comment |