* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let’s now remove 8 zeros and pretend it’s a household budget: (more…)
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let’s now remove 8 zeros and pretend it’s a household budget: (more…)
Watch through the entire video to hear the response from the NYSE Trading Floor – People, it’s time the needle of opposition moves firmly and decisively in the RIDICULE Direction. It’s a spending issue – A Spending Issue. What are you willing to cut?
No, this is not a spoof. Facing desperate financial struggles, a pending fiscal cliff, the first ever Bond Rating downgrade – which might soon become the first of two – no federal budget for the past four years, dead ambassadors in Benghazi, the middle-east in flames, North Korea launching ICBM missiles, and an innocent Marine sitting in prison in Mexico because the Mexicans are pissed at Obama for illegally and intentionally sending guns to arm their drug lords…but this is a priority? Since when did the role of government become to control ethnic diversity in chosen professions…think about it.
I kid you not, this has all the earmarks and tell-tale signs of another Pigford Fraud – Just replace “farmers” for “healthcare workers” and switch the “Dept of Agriculture” for “National Institute of Health” and …… line up for your free checks folks….. Unreal.
WASHINGTON DC – While the U.S. government commits senseless acts like skimping on consulate security in violent North African countries, it spends $500 million to help minorities—especially blacks—enter biomedical research fields where lack of diversity is “disturbing and disheartening.”
The grand plan was announced this month by the National Institutes of Health (NIH), the nation’s medical research agency. As part of the U.S. Department of Health and Human Services, the NIH doles out north of $31 billion annually to hundreds of thousands of researchers at thousands of universities and institutions around the globe. (more…)
This is why John Boehner is insufferably inept as a conservative voice for fiscal discipline. You can’t negotiate with this mentality (more after video)
On Thursday’s “Your World,” Neil Cavuto repeatedly pressed Rep. Eddie Bernice Johnson for specifics on what Democrats would be willing to cut as part of a budget agreement. For her part, the Texas congresswoman insisted on focusing on “revenue generation.”
(more…)
Yet for some insufferable reason the truth of this fiscal insanity cannot penetrate the blood brain barrier of infected congresscritters.
(CNSNews.com) – The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to $4.8 billion of borrowed money each day.
“The federal budget deficit was $292 billion for the first two months of fiscal year 2013, $57 billion more than the shortfall recorded in October and November of last year,” CBO said in its Monthly Budget Review Friday.
This means that the government borrowed $4.8 billion for each calendar day so far in 2013.
If the Treasury Department restricted its borrowing to only weekdays, its per day average would jump to $6.5 billion per day thus far in fiscal year 2013. CBO reported that federal revenues rose by $30 billion – a 10 percent increase over last year, but spending increased more, going up by $87 billion or 16 percent. (more)
Mentality = we put you back in office so you’d best be coming up with some payback n stuff. Obamaphones, Obama-foodstamps, Obama-ebt, Obama “stimulus”……
DETROIT – Speaking before the Detroit City Council on Tuesday, Councilwoman JoAnn Watson said it’s time President Barack Obama pays back the ailing city for putting him back in office by giving them a government bailout.
“Our people in an overwhelming way supported the re-election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that,” said Watson, according to FOX 2 Detroit. “Of course, not just that, but why not?” (more…)
Scientific STUDY – 80% Black Females “overweight or obese” (4/5)
This statistic, from a BU Today report on fighting obesity, is enough to ruin your morning: “No population in the United States has a higher obesity rate than African American women, four out of five of whom are overweight or obese, according to a 2012 study by the Centers for Disease Control and Prevention.” (more…)
Obama’s Fiscal Cliff Proposal: $1.6 Trillion In Tax Hikes, $50 Billion In Stimulus Spending, Obama Can Raise Debt Limit Without Congressional Approval…
OOps…. srroy AbOuT…. T.haT… BaNgInG HeAd on KeYbOaRd…
The president says raising tax rates would help solve our long-term debt problem, but it’s hard to take this argument seriously, for two reasons. (more…)