Tag Archive 'budget'

$128 billion surplus morphed to giant deficit

Posted by Moonage on 28 Jul 2008 | Tagged as: Uncategorized

That’s the teaser on CNN.  Here’s some of the meat:
A Democratic point man on the budget, Sen. Kent Conrad of North Dakota, blasted the administration for its “reckless fiscal policies,” blaming the president’s tax cuts for driving the government into deficit and saying Bush “will be remembered as the most fiscally irresponsible president in our [...]

Minimum Wage goes up 70 cents today

Posted by Moonage on 24 Jul 2008 | Tagged as: Fed Policy, Idiot of the day, National Politics

That’s the headline on CNN.  The headline NOT on CNN is:
Unable to pay bills, London, Ky. YMCA closes
And, the reason they decided to give up?
Director Don Burgin said the London-Laurel County “Y” struggled with $6,000 monthly utility bills and its budget was further stretched by an increase in the minimum wage.
And of course, who do [...]

Peter Welch defines Democrat bigger government

Posted by Moonage on 25 Jun 2008 | Tagged as: Idiot of the day

According to Congressional Quarterly, the House is on its way to passing an Alternative Minimum Tax patch to keep things the way they are right now.  Apparently the Republicans, who initially raised the limits, support it, the Democrats want those exemptions gone.  That’s good news to me.  According to the Democrats over the last few [...]

Kentucky governor completely ignores state constitution

Posted by Moonage on 17 Jun 2008 | Tagged as: Ethics

Last year Kentucky elected a new governor to replace the one we had. The one we had had been accused of inappropriate hiring practices. That never was resolved since the person making the charges decided to drop the charges so he could run for governor, and lose.
So, Kentucky ( not me ) elected a guy [...]

The politics of spending too much

Posted by Moonage on 08 Nov 2007 | Tagged as: Legislative Process, National Debt, National Politics

Here’s where the congressional budget process has gone wrong the last twenty years or so for those that think Congress spends too much:

Now, the problem I have here is this is a two part issue that sums all the problems in Congress right now:

Spending for Veterans was lumped in with a huge budget for HHS [...]

Budget deficit drops, again

Posted by Moonage on 12 Aug 2007 | Tagged as: Fed Policy, The Media

Seems the federal budget deficit dropped.  Again.  Seems all of a sudden hardly anyone really seems to care.  Wasn’t that an issue last fall?  Didn’t people totally ignore the numbers of a shrinking deficit and decide to buy the rhetoric that the budget was out of control?  Why did they do that?  Now, what’s getting [...]

Nancy Pelosi Condemns Rangel for dissing Mississippi

Posted by Moonage on 10 Nov 2006 | Tagged as: Shock and Awe

The Democrats haven’t even officially taken over the government yet, but they are already tossing out anything Republican as fast as they can.  Along with that, I guess we can totally dismiss Bush’s "conservative compassionism":
Its not just committees our influence within the House Democratic caucus will grow enormously, Mr. Rangel said in an interview.
To [...]