Fifteen Trillion In The Hole And Counting

Everybody knew we were going to have to increase our debt, you can’t solve a problem this big overnight or turn around this much government spending on a dime. However, the inexplicable and incredibly shameful reality is, the Washington criminal enterprise gang that is Congress and Obama still haven’t cut anything yet. In fact, they’re still increasing spending.

Debt Clock Strikes $15 Trillion

With the deadline on the Super Committee looming, the Treasury Department said on Wednesday the U.S. national debt crept over the $15 trillion threshold this week, providing a fresh reminder of the unsustainable amount of borrowing on the government’s bloated balance sheet.

See also:
Federal debt tops $15 trillion
National debt crosses $15 trillion mark
U.S. debt passes $15 trillion milestone… and it just keeps getting worse
National Debt Hits $15 Trillion Mark as Super Committee Flounders
US debt hits £15 trillion as cut-off looms
The $15 Trillion Super Circus
Deficit committee locked in budget stalemate
At $15 trillion in debt
GOP pounces as national debt tops $15 trillion
IN HIS OWN WORDS: Republicans SLAM Obama For Allowing The National Debt To Break $15 Trillion
U.S. National Debt Clock

Th primary obstacle to getting our fiscal house in order is that Democrats flatly refuse to cut anything. They’re bizarre notion of “cutting spending” is to cut the rate of future spending increases. How insane is that? It’s a grim milestone and if Democrats don’t accept the obvious financial reality, and soon, our creditors and the markets will force draconian austerity on all of us. This isn’t Greece, is this Greece?

/vote Republican in 2012, adult swim, get the Democrat children out of the pool

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The Path To Prosperity

Adult swim, Democrats out of the pool!

Republicans embrace Rep. Ryan’s government budget plan for 2012

House Republicans announced a far-reaching vision for a leaner federal government on Tuesday, presenting a 2012 budget blueprint that would privatize Medicare for future retirees, cut spending on Medicaid and other domestic programs, and offer sharply lower tax rates to corporations and the wealthy.

The proposal represents the most comprehensive philosophical statement by resurgent Republicans since they claimed control of the House in last fall’s midterm elections. It promises to define the party heading into the 2012 presidential election and to shape the policy debate in Washington as both parties grapple with a soaring national debt.

Drafted by House Budget Chairman Paul Ryan (R-Wis.), the proposal aims to eventually shrink federal spending, measured against the economy, to its lowest level since 1949. Ryan said the plan would create jobs, promote growth, and rebuild an economy ravaged by recession and “relentless government spending, taxing and borrowing.”

Read the budget proposal:

The Path to Prosperity

See also:
House Republicans unveil ‘Path to Prosperity’ budget cuts
U.S. Republicans present budget plan with massive cuts
Proposal Transforms Role of Government
The CBO scores Paul Ryan
The Ryan Resolution
GOP budget proposal would cut feds, extend pay freeze
Ryan Rides To The Rescue With Realistic Budget Plan
Editorial: Ryan’s Budget Plan Gets The Job Done
The GOP Path to Prosperity

Right on cue, the Democrats are already squealing like stuck pigs being electrocuted in an acid bath. Children will die, senior citizens will be forced to eat cat food! Brace yourself, because the cynical and deceitful doomsday din will only get louder. Gird yourself for the 2012 elections, Republicans need to oust Obama, take the Senate, and hold the House in order to wrangle this country back onto the road to fiscal sanity. The Democrats’ irresponsible and ruinous spending gravy train must be brought to an end, the status quo is unsustainable and not an option. Vote Republican to save this country’s future from the economic abyss.

/the Path to Prosperity won’t be painless, but it has to be taken, the other road leads the United States down the third world drain

Bogus Obama Math Busted

It’s bad enough that Obama had the gall to release a farcically irresponsible 2012 budget that kicks the fiscal sanity can down the road and shoves the United States well down the path to third world status, but then he and his clown posse minions have the further, cynical audacity to lie about it to the American public.

CBO: W. House Lowballs Debt

The president’s budget plan would double the debt over 10 years to $20.8 tril, the CBO estimated, $2.3 tril more than the White House had projected. Interest on the debt would top 18% of federal revenue in 2018, a level that Moody’s has said could trigger a downgrade of America’s AAA rating.

Read the Congressional Budget Office report:

Preliminary Analysis of the President’s Budget for 2012

See also:

Report says Obama budget underestimates deficit
CBO Claims Obama Budget Underestimates Future Deficits by $2 Trillion
CBO: Obama budget underestimates deficits by $2.3 trillion over upcoming decade
CBO: Obama understates deficits by $2.3 trillion
Obama Budget Underestimates Deficits by $2 Trillion
CBO: Obama FY12 Budget Would Result In $9.5T In Deficits Over Next Decade
CBO: Obama policies would require deficits of $9.5 trillion through 2021
CBO: Obama budget worse than projected on 10-year deficit
Congressional Budget Office projects higher Obama deficits
CBO Analysis: Obama’s 2012 Budget Increases Deficit
US budget to worsen deficits: CBO
UPDATE 2-Obama budget would worsen deficits – CBO report
Oooops! CBO says Obama’s budget understates deficits
To Bull[expletive deleted] . . . And Beyond!

Paul Ryan and the Republicans will soon unveil their 2012 budget which will address the looming entitlements disaster, make the hard choices, and put America back on the road to fiscal solvency. And, of course, Obama and the Democrats, in control of the Presidency and the Senate, will fight tooth and nail to sabotage and undermine any attempt to walk America back from the edge of the financial abyss which they seem hell bent on flinging us into.

/I can’t emphasize just how important the 2012 elections are, without a new President and Republican control of the Senate, the United States economy will continue to recklessly stagger towards economic collapse under Obama’s crushing, unsustainable debt load

,

To Bull[expletive deleted] . . . And Beyond!

The budget Obama released today is a joke, a farce, a massive, steaming pile of bull[expletive deleted]. It’s hard to believe they wasted even more taxpayer money having it printed. It’s a non-serious document from a non-serious politician. It’s painfully obvious that Obama cares more about getting reelected than he does about the country he’s supposed to be leading.

Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years

If the federal budget released by President Barack Obama today is implemented, it will double the national debt over the next 10 years. The current national debt is $13.56 trillion (end of FY 2010). By the end of 2021, that debt would rise to $26.3 trillion under the White House budget.

The figures reflect the effects of Obama’s fiscal year 2012 budget priorities, particularly a federal deficit that never falls below $500 billion in any year between 2010 and 2021.

Read it and weep for the future of America:

THE BUDGET FOR FISCAL YEAR 2012

See also:
Boehner, GOP pan Obama budget as ‘spending the future’
McConnell: Obama budget ‘unserious’ and ‘irresponsible’
Democratic senators slow to embrace Obama’s budget
Business community blasts Obama’s budget proposal
Obama Budget 2012: Harsh Reactions to the President’s Latest Budget Proposal
Obama budget small down payment on very big debt
Obama’s budget shies away from tough choices
Rejected Tax Increases Make a Return in Obama Administration Budget Plan
Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years
Obama’s budget is more political guide than spending plan
Deficit Would Stay High for Years to Come
Big Role for Tax Increases Fuels Criticism From Business Groups
GOP Denounces Absence of Entitlements Overhaul
Notably Absent from Obama’s Budget: Deficit Commission Recommendations
In his new budget, Obama kicks the can one more time
Despite promise to fix hole in budget, Obama fails to address huge deficits
‘Debt on Arrival’
“Debt On Arrival”: GOP’s Ryan Rips Obama’s Budget, Says “It’d Be Better If We Did Nothing”
Obama’s Pathetic Budget
Editorial: Obama’s Gutless Budget Proposal

Of course, we’ll default on our national debt long before it ever reaches $26 trillion. Welcome to the Third World.

/hello, are their any adults with a spine in Washington?

How Do You “Invest” When You’re Broke?

Hey Obama, what part of “we don’t have any money” don’t you understand?

CBO: Federal deficit to hit $1.5T this year

Last month’s bipartisan tax cuts and spending deal has deepened the federal deficit dramatically this year, putting the government on track for a nearly $1.5 trillion shortfall — the largest in history — the Congressional Budget Office said Wednesday.

The sobering check on the country’s finances was announced a day after President Obama‘s address to Congress and underscored the country’s tenuous fiscal standing, which could doom many of Mr. Obama‘s initiatives to boost government spending on education, roads and other infrastructure.

The CBO did say the economy appears to be improving, albeit slowly, from a deep recession that drove the unemployment rate to more than 10 percent. The rate is still above 9 percent, despite efforts by Mr. Obama and Congress to pump money into the economy.

“It’s been a slow recovery by the standards of our past. The labor market in particular has been coming back slowly; income has been coming back slowly,” said CBO Director Douglas Elmendorf.

Social Security Will Post Shortfall This Year, CBO Says

Social Security will post a $45 billion shortfall in fiscal 2011 and will pay out more in benefits than it accepts in payroll taxes through at least 2021 without legislative changes, the Congressional Budget office said on Wednesday.

See also:
The Budget and Economic Outlook: Fiscal Years 2011 to 2021
CBO projects record-high $1.5 trillion budget deficit this year
As deficits, debt soar, Obama, Congress fail to confront them
Deficit Outlook Darkens
CBO forecast: frightening fodder for both parties
It’s official: The debt is ballooning. Now can we think clearly?
Social Security to Run Deficits for Foreseeable Future, CBO Says
Social Security fund now seen to be empty by 2037
Social Security to Operate in the Red for the Next 10+ Years: CBO
Social Security to run permanent deficits, says CBO
CBO: Social Security Will Run Permanent Deficits
A Roadmap for America’s Future

I swear, Is Paul Ryan the only adult in Washington? When are these moron politicians going pay attention, grow some spines, and start taking this fiscal crisis seriously. Every day that goes by, we dig ourselves deeper into the national debt hole and it becomes ever so much more difficult and painful to try and climb out of our self inflicted, bottomless deficit pit.

/we’d better just forget about pie in the sky choo choo trains and go straight to the required austerity budget measures

You May As Well Try And Read It, Your Congresscritters Probably Won’t Bother

UPDATE:

Ruh roh, chicanery time, they really are desperate to jam this through without anyone getting to read it.

The Democrats’ 2,309-page reconciliation bill was released for public viewing Sunday and will begin the mark-up process in the Budget Committee Monday at 3pm. Contrary to the Democratic pledge to post the reconciliation measure 72 hours before consideration, the bill posted is a dummy — or a “shell” as Rep. Paul Ryan (R., Wisc.) put it — an early version of the House bill that cleared key committees in 2009, thus making it eligible for the reconciliation process under budget rules. Once that bill clears the the committee it will be gutted and replaced with the closed-door “fixes” agreed upon by Congressional Democrats, and appended with an unrelated student loan bill.

*****

House Democrats release bill for Budget markup Monday

House Democrats on Sunday night set into motion what they hope will be the final steps on healthcare reform.

The House Budget Committee on Sunday evening released text that will serve as the base legislation for the changes the House will seek to the Senate bill this week.

Specifically, the Budget committee released a 2,309-page effort that had been previously recommended to the Education and Labor Committee and Ways and Means Committee last year.

The measure posted online does not include the substantive changes to the Senate healthcare bill that House Democrats will seek. Those changes will be offered during the markups in the Budget and Rules committees, which the budget panel hopes to begin on Monday afternoon.

The House is expected to approve the Senate’s healthcare bill along with the package of changes. The Senate would then be expected to approve the package of changes under budget reconciliation rules.

Because the bill will be considered under budget reconciliation rules in the Senate, GOP senators will not be able to filibuster the package and Democrats will not need 60 votes to move the legislation through the Seante.

A BILL
To provide for reconciliation pursuant to section 202 of
the concurrent resolution on the budget for fiscal year 2010.

Oh, sure, it’s 2300+ pages, but to make any real sense of it, you’re also going to need to refer to the United States Code a lot.

Oh yeah, you’re going to need to reference the 2400+ page Senate bill too.

Have fun! Pack a lunch.

See also:
Next Steps: How The Health Bill Could Move Forward
The Hitchhiker’s Guide to Health Care This Week
Democrats look for consensus on final health overhaul package
A Big Week for Health Care Reform: What Could Happen Next?
Nancy Pelosi’s strategy for passing health-care reform
The House Health-Care Vote and the Constitution
John Campbell: ‘It ain’t over ’til it’s over’ on health care

Remember, it’s still not too late to make your voice heard.

/Take Action!

Just Say No Repeatedly, As Often As Possible

What crackhead devil spawn manner of bull[expletive deleted] is this?

Although nobody has any idea as to what’s really in this bill that hasn’t even really been written yet, let’s start with some educated guesses.

SuperCaliforniaGuy (5 hours ago) Show Hide 0 Marked as spam
Reply The real costs are:

(1) 10 years of taxes for 6 years of benefits.
(2) Cut $460 billion from Medicare.
(3) Rob $52 billion from SS.
(4) Rob $72 billion from long-term disability.
(5) Double count the above as bill cost offsets.
(6) Transfer $371 billion into another bill called Doc Fix.

Thus, the true cost is $2.3 trillion for first 10 years, not the democrats advertised $950 billion. This means ballooning the deficit.

Just say no, make your voice heard before it’s too late.

The Free Our Health Care NOW! Action Army

Stopping Obamacare: Weekend Targets

/just do it, before it’s too late