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U.S. Can´t Avoid The Entitlement Cliff By Raising Taxes
Investors Business Daily, by Staff
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Original Article
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Posted By:Desert Fox, 12/5/2012 10:06:19 PM
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| A new government report finds that the country is heading toward fiscal ruin, and the only way to avoid that is to make deep cuts in entitlement programs; tax hikes can´t fix the problem. In other words, what´s needed is the opposite of what the Obama administration and congressional Democrats propose as part of the fiscal cliff talks. The Government Accountability Office report found that, even using optimistic assumptions about spending, the government is "on an unsustainable long-term fiscal path" that will lead to debt exceeding the economy within a few decades.
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Reply 1 - Posted by:
bamapreacher, 12/5/2012 10:17:45 PM (No. 9050766)
So what entitlements are they going to end up cutting, the money that is wasted on giving the urban "poor" enough to buy Nikes and smart phones, Tommy Helfiger clothes and bling or the Social Security and Medicare money that people actually worked hard for? Knowing the leftist democ rats the answer is obvious, shared misery.
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Reply 2 - Posted by:
Axeman, 12/5/2012 10:53:54 PM (No. 9050796)
Unsustainable spending on unattainable goals. They just wont say it.
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Reply 3 - Posted by:
LanieLou, 12/5/2012 11:06:47 PM (No. 9050808)
Someone please pull an Obama and go on morning, evening & Sunday shows and explain to the brainwashed peeps that Obama´s tax the rich plan doesn´t put a dent in the problem????? Show them a graph, for crikey sake!
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Reply 4 - Posted by:
grounded, 12/5/2012 11:34:47 PM (No. 9050830)
The REAL number of all the unfunded/underfunded obligations of the federal government is closer to 100 TRILLION DOLLARS. That´s trillion with a "T". That includes not just the so-called "entitlements", but also veterans´ benefits and government workers´ pensions and health plans.
The economy generates about 16 trillion bucks GDP annually or about 1/6 of the total. The whole world´s GDP was about 63 trillion bucks in 2010 per the world bank.
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Reply 5 - Posted by:
veritas, 12/6/2012 12:38:47 AM (No. 9050878)
Come on, IBD. You know Stinky´s said, flat out, higher rates aren´t about raising revenue, but about "fairness." And do we really need more evidence he has no interest whatsoever in working at the job?
Republicans have no business -- no business, period -- talking about or offering more revenue to Stinky the Usurper. Two numbers settle the issue of where the problem lies -- total spending under Bush versus total spending under Stinky. Spending is the problem. Spending. Obama´s spending.
Obamacare? A. No Constitutional authority. [Yeah, I know. But shame on us if we don´t keep bringing up his un-Constitutional actions.] B. No incorporation of tort reform. SS? Look at Chile. We´ve know for a decade, more, that they solved the problem. But the Dems would rather scare Gramma and Grampa than solve the problem for them. Medicare? Again, no authority, badly-designed, another Santa´s bag for vote-buying pols.
Well, at least we don´t have to waste a lot of time ferreting out cleverly-buried-and-disguised problems. Plenty of stuff Stevie Wonder could find on a dark night without even looking.
Hey -- could we hire Gallagher and send him to D.C. to start cleaning it up?
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Below, you will find ...
Most Recent Articles posted by "Desert Fox"
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Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Desert Fox"
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Slinging Mud at Ashley Judd
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Wall Street Journal, by James Taranto
Original Article
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Posted By: Desert Fox- 4/10/2013 3:01:51 PM
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Ashley Judd is a Hollywood actress who thought about, and decided against, running as a Democrat for U.S. Senate in Kentucky, where Minority Leader Mitch McConnell is up for a sixth term next year. That´s about all we knew about her until yesterday, except for one other fact that led us to suspect she was kind of strange. Back in December a reader sent along a headline from a Kentucky paper describing Judd as "Still Mum" on a prospective candidacy. "Mum" is easily recognizable as the British translation of "Mom," so we thought this might make for an amusing juxtaposition.
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Weaned on the Beeb´s hatred, no wonder the young rejoice at her death
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Daily Mail (U.K.), by Stephen Glover
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Posted By: Desert Fox- 4/10/2013 2:37:35 PM
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Because the BBC had a series of run-ins with Margaret Thatcher in the 1980s, and is hardly well disposed towards the Tory-led Coalition, I had expected it to pour buckets of cold water over the memory of the Iron Lady. To begin with, I was pleasantly surprised. The tone of BBC News 24 on Monday afternoon was slightly awed, even reverential, as is befitting when any great figure dies. Some of the newscasters even wore a black tie. A picture of Margaret Thatcher was shown as silence was observed.
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Michelle Obama to speak on gun violence, which could mean a more activist role
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Washington Post, by Philip Rucker & Krissah Thompson
Original Article
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Posted By: Desert Fox- 4/10/2013 2:35:58 PM
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CHICAGO — When she returns home here Wednesday to deliver a speech on gun violence, first lady Michelle Obama will be making a rare foray into the politics of the day that could presage a more activist role during her husband’s second term. Obama is taking what aides described as an intentional step outside her narrow focus on military families and childhood nutrition to confront the dark reality of young people being gunned down on the streets of America’s cities. The remarks come amid a contentious debate on Capitol Hill over stricter gun laws advocated by President Obama.
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Woman behind street parties to ´celebrate´ death of Margaret Thatcher named
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Telegraph (U.K.), by Staff
Original Article
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Posted By: Desert Fox- 4/10/2013 1:10:30 PM
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The woman behind an internet campaign to organise street parties to "celebrate" the death of Baroness Thatcher can be named as Romany Blythe, a drama teacher from Brighton. Romany Blythe, 45, created a group on Facebook called The Witch is Dead followed by more than 5,000 people, calling for “demonstrations of disapproval” across the country. A number of places on the list were locations of riots and demonstrations that took place across the country on Monday, including Bristol city centre and George Square in Glasgow. Blythe is a drama teacher with a workshop company that visits secondary schools.
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Bipartisan deal reached on gun background checks
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Washington Post, by Ed O´Keefe
Original Article
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Posted By: Desert Fox- 4/10/2013 10:56:39 AM
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A bipartisan group of senators has struck a deal to expand gun background checks to all commercial sales — whether at gun shows, via the Internet or in any circumstance involving paid advertising, according to Senate aides familiar with the talks. The proposed agreement would be more stringent than current law, which requires checks only when purchases are made through a licensed dealer, but less than originally sought by President Obama and congressional Democrats, who were seeking to expand background checks to nearly every kind of sale.
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The Obama Budget Proposal: Tax Increase on Charity
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Forbes, by Howard Husock
Original Article
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Posted By: Desert Fox- 4/10/2013 10:26:21 AM
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President Obama’s long-awaited budget proposal, to be released today, does not come right out and say that intends to reduce contributions to charity—but that is almost certainly what would happen were it to become law. Here’s why. The White House has effectively doubled down on a tax change it has been pushing for four years that would limit the value of the charitable tax deduction. The Administration has, since 2009, pushed unsuccessfully to allow only 28 cents on a dollar donated to charity to be deducted—even
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Obama to unveil $1.058T budget
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The Hill, by Erik Wasson
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Posted By: Desert Fox- 4/10/2013 10:23:50 AM
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President Obama’s budget to be released on Wednesday would leave the nation with a $744 billion budget deficit in 2014 despite new entitlement cuts and tax hikes. The $1.058 trillion budget for fiscal year 2014 — which will arrive on Capitol Hill about two months late — would turn off the automatic spending cuts known as the sequester and raise $580 billion in new tax revenue over ten years by limiting tax deductions for upper-income households.
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What Were Mrs.Clinton´s Foreign Policy Successes?
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Rushlimbaugh.com, by Rush Limbaugh
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Posted By: Desert Fox- 4/10/2013 7:12:45 AM
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RUSH: Let me start with a couple things here. The nuclear threat. The little dictator in Iran, Mahmoud Ahmadinejad has announced that Iran has gone nuclear. Whether it has or not, nobody knows, but he´s saying that Iran has gone nuclear. Ahmadinejad has ordered officials to speedily start five more nuclear reactors, so it looks like we better try to talk them into a sequester, too. Sequesters seem to be more effective than any sanctions have been.
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Guns: The Left´s True Aim, and How to Thwart It
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American Thinker, by Lewis Dovland
Original Article
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Posted By: Desert Fox- 4/10/2013 6:55:47 AM
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We must not lose focus on the end goal of progressives regarding guns. Make no mistake; regardless of what they say, their ultimate goal is confiscation of all guns in America. And a "universal background check" will get them closer to this nirvana than the banning of a few selected weapons ever could. To understand progressive methodology, let´s use another similar issue: the gay marriage agenda. Say the current definition of "marriage" as it has been for thousands of years is represented by "A" on a
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Most Active Articles (last 48 hours)
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The most shocking news you won´t see in the MSM today
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American Thinker, by Thomas Lifson
Original Article
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Posted By: magnante- 4/9/2013 11:49:09 AM
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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Obama says he´s ´determined as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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White House: Planned GOP gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Obama enjoys ´sequester soul concert´ at White House amid massive budget cuts and government worker furloughs
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Business Insider, by Staff
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Posted By: Attercliffe- 4/10/2013 4:24:28 AM
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The sequester may have many across the country singing the blues, but for President Obama, it was all about Memphis Soul. Even with the threat of furloughs and government cuts sparked by the sequester, Obama took the time to enjoy a star-studded concert at the White House tonight. The White House celebration of Memphis Soul music in the East Room--which included special guest appearances by Queen Latifah and Justin Timberlake--is likely to rile Obama´s Republican foes. Some conservatives have called on Obama to give up golf, especially since popular public tours of the White House have been canceled because of
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Obamacare architect Rockefeller: It´s ´beyond comprehension´
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Washington Examiner, by Paul Bedard
Original Article
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Posted By: Drive- 4/10/2013 7:17:19 AM
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West Virginia Democratic Sen. Jay Rockefeller, one of the towering architects of Obamacare, on Tuesday openly criticized program managers for not moving quickly enough to build the system, warning that if it gets off to a bumpy start it will just get worse. Decrying the Patient Protection and Affordable Care Act as way too complex, he warned the acting Medicare director that Obamacare is "so complicated and if it isn´t done right the first time, it will just simply get worse."
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Updated: White House, McCain blast Cruz for threatening filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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Why Is White House Stonewalling on Benghazi
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Investor´s Business Daily, by Rep, Dana Rohrbacher
Original Article
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Posted By: Desert Fox- 4/8/2013 7:13:10 PM
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More than six months since Ambassador Christopher Stevens was assassinated by terrorists in Benghazi, the Obama administration is still trying to keep a lid on information about the attack. Congress and the American people need to know what happened the night of Sept. 11, 2012. Who did the killing and what was their motive? Why wasn´t help sent? And why did the administration lie about who was responsible? Members of Congress have asked hundreds of questions at hearings conducted by several investigative committees, but many of the most significant have been left unanswered. Information detailing what happened before, during and Headline corrected.
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Obama´s Army Outmaneuvered by the NRA
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NationalJournal, by Beth Rinehard
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Posted By: FlyRight- 4/10/2013 7:18:37 AM
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Although the first votes on gun -control legislation have yet to be cast, by some measures the National Rifle Association has already won. Obama’s ambitious plans to ban assault weapons and limit magazine capacities are off the table, while the NRA suggested it could support the most likely outcome -- expanded background checks -- as recently as 1999. The NRA claims that the president’s efforts have triggered a fundraising surge and boosted its membership from 4 million to nearly 5 million.
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The World-Changing Margaret Thatcher
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Wall Street Journal, by Paul Johnson
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Posted By: Desert Fox- 4/8/2013 8:21:53 PM
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Margaret Thatcher had more impact on the world than any woman ruler since Catherine the Great of Russia. Not only did she turn around—decisively—the British economy in the 1980s, she also saw her methods copied in more than 50 countries. "Thatcherism" was the most popular and successful way of running a country in the last quarter of the 20th century and into the 21st. Her origins were humble. Born Oct. 13, 1925, she was the daughter of a grocer in the Lincolnshire town of Grantham. Alfred Roberts was no ordinary shopkeeper.
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Obama: Put Nation´s 4-Year-Olds in ‘Public Preschool;´ Will Save on ‘Child-Care Costs´
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Cybercast News Service, by Terence P. Jeffrey
Original Article
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Posted By: KarenJ1- 4/10/2013 1:18:38 PM
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In the message he issued along with his budget proposal on Wednesday morning, President Barack Obama said he wants to see 4-year-old children in the United States enrolled in public schools. Obama said America needs to start enrolling 4-year-olds to make sure the children are “better prepared for the demands of the global economy” and to help parents save on "child-care costs." After saying the United States needs to “equip our citizens with the skills and training” to fill jobs in manufacturing, energy and infrastructure, Obama said, “And that has to start at the earliest possible age.”
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Poll: Obama underwater on guns, immigration, deficit
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Politico, by Donovan Slack
Original Article
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Posted By: Dreadnought- 4/8/2013 10:17:29 PM
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A new CNN/ORC International poll found President Obama´s overall approval rating has ticked up to 51 percent but ratings have fallen on his handling of the key issues on his agenda: immigration, guns, and the deficit. On immigration, 44 percent approve of the way he is handling the issue, down from 51 percent in January. At the same time, disapproval has jumped to 50 percent, up from 43 percent in January. On guns, 45 percent approve and 52 percent disapprove, the poll found. In January, 46 percent approved and 49 percent dispproved. And on the deficit, 38 percent approve
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Sebelius: Implementing Obamacare More ´Difficult´ Than Anticipated
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Dreadnought- 4/10/2013 7:21:14 AM
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Health and Human Services (HHS) Secretary Kathleen Sebelius conceded Monday that implementing the Affordable Care Act has been more complicated and frustrating than the Obama administration expected, largely due to Republicans who have opposed the law´s state-based exchanges and Medicaid expansion. "The politics has been relentless and that continues," Sebelius said. "There was some hope that once the Supreme Court ruled in July, and then once an election occurred there would be a sense that, ´This is the law of the land, let´s get on board, let´s make this work.´"
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