Posts Tagged ‘budget’

When in doubt, scare the elderly

July 12th, 2011 | No Comments

In the heat of a budget stand-off, President Obama had this bi-partisan spirited comment to smooth the hurt feelings and bruised egos: That’s right, the Republicans are going to take away your social security after August 3 if Obama doesn’t get what he wants. Scaring the beejeebers out of the elderly, we’ve not seen that [...]

Obama’s rousing economy speech

April 19th, 2011 | No Comments

A few days ago President Obama delivered his vision of the 2012 budget.  It was less than well received: The Republicans, as expected, weren’t too pleased with it either. Here it is if you want to watch it before discussing any further: Now, the main gripe was, as per the norm with Obama, it had [...]

Passing on the most basic responsibility of governing

June 22nd, 2010 | No Comments

Steny Hoyer has decided Congress doesn’t need to pass a budget this year.  It’s just too darned complicated to pass a budget when there’s all that darned debt.  Rather than being faced with the possibility of increasing the debt even more, or making painful budget cuts during an election year, Hoyer is punting until later [...]

The economy Obama inherited

January 26th, 2010 | 2 Comments

A full year into Obama‘s four year term, he’s still passing the buck: “Today’s report from C.B.O. confirms that the recession inherited from the Bush Administration continues to erode the budget’s bottom line,” said Representative John M. Spratt Jr., the Democrat of South Carolina who is chairman of the House Budget Committee. From the start [...]

Health Care reform and program funding cuts

November 18th, 2009 | No Comments

I’m dealing with this right now: Most state agencies could face additional 6 percent budget cuts to help offset a projected $161 million revenue shortfall. Kerri Richardson, spokeswoman for Gov. Steve Beshear, said the administration is now gathering information on the potential impacts of the budget cuts. State Budget Director Mary Lassiter sent letters to [...]

The economy Obama inherited

August 25th, 2009 | No Comments

Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]

Protesting health care reform

August 7th, 2009 | 2 Comments

I’ve been watching some videos of people getting very agitated while attending health care reform forums.  In some cases, legislators have resorted to locking people out entirely, such as this: To ease the tensions surrounding the issue, Obama’s staff have vowed to “punch back twice as hard“.  And of course, some Democrats are accusing Republicans, [...]

Pulling the wool over our eyes

February 5th, 2009 | No Comments

Representative Lynn Woolsey is in the same bed as Nancy Pelosi ( now is that a scary vision or what? ): Sift through their self-righteous attacks on the Senate floor and the bluster of their talking heads on FOX News, and there’s an important aspect of the debate over the recovery package that the Republicans [...]

$128 billion surplus morphed to giant deficit

July 28th, 2008 | No Comments

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 [...]

Minimum Wage goes up 70 cents today

July 24th, 2008 | No Comments

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 [...]