Tag Archive | "net spending cut"

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Obama One Year Later — A Legacy of Lies and Broken Promises

It’s been a year since the president was elected, and he’s already piled up an impressive list of lies and broken promises.

The broken promises include his pledge to enact a “net spending cut,” his promise not to raise taxes on anyone making less than $250,000 a year, and his promise not to sign bills without first giving the public five days of notice.

The Congressional Budget Office says that Obama’s proposed budgets will explode the national debt through massive spending increases, increasing the already large deficits…

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Posted in Agriculture, Economy, Energy, Environment, Ethanol, Global Warming, Healthcare, Insurance, International, Legal, Natural Resources, Personal Liberty, Politics as Usual, Precaution & Risk, Sanctimony, Stimulus to Nowhere, TradeComments (0)

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AP: Obama Health-Care Plan Raises Taxes, Breaks Campaign Promises

The Associated Press is now chiding President Obama for falsely claiming that his proposed tax on uninsured people is not a tax.   It is a tax increase, the AP says, and it would be enforced by the IRS: “Memo to President Barack Obama: It’s a tax. Obama insisted this weekend on national television that requiring people to carry health insurance - and fining them if they don’t - isn’t the same thing as a tax increase. But the language of Democratic…

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Posted in Energy, Environment, Global Warming, Healthcare, Natural Resources, Politics as Usual, SanctimonyComments (0)

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Deficit Rises $880 Billion to Record $1.3 Trillion, Due to Massive, Unprecedented Government Spending

The federal budget deficit has already risen by $880 billion to an unprecedented $1.3 trillion. Most of the increase is attributable to recent increases in federal spending, including Obama’s $800 billion stimulus package, which the Congressional Budget Office says will actually shrink the economy in “the long run,” and which ended welfare reform, destroyed thousands of jobs in the export sector, and substituted welfare for productive investments.

Ironically, Obama had campaigned on a promise, since broken, to make a “net spending cut” in…

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Posted in Economy, Employment, Healthcare, Politics as Usual, Sanctimony, Stimulus to Nowhere, TradeComments (9)

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Obama: 100 Days of Lies and Broken Promises

Obama has asked the big three networks to give him a free hour of air time on his hundredth day in office. They have said they’ll probably give it to him — not surprising if you consider all the support they gave him in the 2008 election.

One thing they probably won’t do is ask him any inconvenient questions about all his broken campaign promises, like his pledge to enact a “net spending cut,” his promise not to raise taxes on anyone making less than…

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Posted in Bailout Watch, Economy, Energy, Environment, Global Warming, Legal, Politics as Usual, Sanctimony, Stimulus to NowhereComments (4)

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