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Showing posts with label Obama budget. Show all posts
Showing posts with label Obama budget. Show all posts

Saturday, August 22, 2009

Obama Forced to Revise Deficit Projection Upward


The U.S. government’s long-term budget outlook is darker than expected, with projected deficits over the next 10 years totaling $2 trillion more than had been forecast, according to an Obama administration official.

A White House budget review set for release Aug. 25 will show cumulative deficits over the next decade amounting to $9 trillion, up from $7.1 trillion that the administration predicted in May, the official said on condition of anonymity because the figures haven’t been made public.


The rest of the story is at Bloomberg.

Of course, the upshot of this is that the economy is in much worse shape than anyone in the Obama administration was willing to acknowledge. Yet Obama continues to push programs that spend taxpayers' money like a drunken gang of juvenile delinquents who just stole a billionaire's credit card.

Friday, May 08, 2009

Obama: No More Funds for Jailing Illegal Aliens

Obama's new budget for 2010 includes no funds for states that jail illegal aliens. This is according to a report filed by The Hill.

Given the blatant disregard for the law exhibited by the federal government on the issue, states have often taken it upon themselves to enforce immigration laws within their own jurisdictions.

From the report:

Mark Krikorian of the Center for Immigration Studies, a group that has called for tougher border security, predicted it is "very unlikely" that Obama's proposal to cut the program will be accepted by Congress. He noted that the Bush administration repeatedly tried to zero out the program, but always ran into opposition in Congress.

"It's hard to justify getting rid of it honestly," Krikorian said. "It's a necessary program because the federal government is reimbursing states and localities for the federal government's own mistakes."

The discontinuation of funding for the program is going to be a hard-sell in Congress due to the fact that Congressional liberals want to add provisions within the funding that provide for healthcare and education to illegals.

Thursday, April 30, 2009

Obama's Unprecedented 3.5 Trillion-Dollar-Budget

These figures are astounding. 3.5 trillion dollars for 2010 alone. How is this going to be paid for?

These are some issues I discuss today at Columbia Conservative Examiner.

I hate to break bad news to ya, but Obama and Congressional Democrats just mortgaged away the future of your children, grandchildren, and great-grandchildren.

Click on the link, read, and share. Thanks.