Trip to Africa! Add to our debt, Fuehrer ... funny, Judi C!

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Black Smoke ... Isn't this charming? ... Thanks Judi C!

Subject: black smoke

Paul Ryan's proposed budget cuts ... Thanks John M and Frank D!

John M- I wonder if the amounts of each are partial or entire.  I wouldn't mind cutting all of them out entirely!  There are probably more ridculous items in there, but Paul Ryan seems to be the only one searching it out.  I feel certain that Little o won't help with his 'charm offensive'.

Sam K

Sorry to burden you... but we're all in this you know.

WARNING, YOU MAY GET SICK WHILE READING THIS

PAUL RYAN'S PROPOSED BUDGET CUTS

A List of Republican Budget Cuts

Notice S.S. and the military are NOT on this list.

These are all the programs that the new Republican House has proposed cutting. Read to the end.

* Corporation for Public Broadcasting Subsidy -- $445 million annual savings.
* Save America 's Treasures Program -- $25 million annual savings.
* International Fund for Ireland -- $17 million annual savings.
* Legal Services Corporation -- $420 million annual savings.
* National Endowment for the Arts -- $167.5 million annual savings.
* National Endowment for the Humanities -- $167.5 million annual savings.
* Hope VI Program -- $250 million annual savings.
* Amtrak Subsidies -- $1.565 billion annual savings.
* Eliminate duplicating education programs -- H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually.
* U.S. Trade Development Agency -- $55 million annual savings.
* Woodrow Wilson Center Subsidy -- $20 million annual savings.
* Cut in half funding for congressional printing and binding -- $47 million annual savings.
* John C. Stennis Center Subsidy -- $430,000 annual savings.
* Community Development Fund -- $4.5 billion annual savings.
* Heritage Area Grants and Statutory Aid -- $24 million annual savings.
* Cut Federal Travel Budget in Half -- $7.5 billion annual savings
* Trim Federal Vehicle Budget by 20% -- $600 million annual savings.
* Essential Air Service -- $150 million annual savings.
* Technology Innovation Program -- $70 million annual savings.
* Manufacturing Extension Partnership (MEP) Program -- $125 million annual savings..
* Department of Energy Grants to States for Weatherization -- $530 million annual savings.
* Beach Replenishment -- $95 million annual savings.
* New Starts Transit -- $2 billion annual savings.

* Exchange Programs for Alaska Natives, Native Hawaiians, and Their Historical Trading Partners in Massachusetts -- $9 million annual savings
* Intercity and High Speed Rail Grants -- $2.5 billion annual savings.
* Title X Family Planning -- $318 million annual savings.
* Appalachian Regional Commission -- $76 million annual savings.
* Economic Development Administration -- $293 million annual savings.
* Programs under the National and Community Services Act -- $1.15 billion annual savings.
* Applied Research at Department of Energy -- $1.27 billion annual savings.
* Freedom CAR and Fuel Partnership -- $200 million annual savings..
* Energy Star Program -- $52 million annual savings.
*Economic Assistance to Egypt -- $250 million annually.
* U.S.Agency for International Development -- $1.39 billion annual savings.
* General Assistance to District of Columbia -- $210 million annual savings.
* Subsidy for Washington Metropolitan Area Transit Authority -- $150 million annual savings.
*Presidential Campaign Fund -- $775 million savings over ten years.
* No funding for federal office space acquisition -- $864 million annual savings.
* End prohibitions on competitive sourcing of government services.
* Repeal the Davis-Bacon Act -- More than $1 billion annually.
* IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget -- $1.8 billion savings over ten years.
*Require collection of unpaid taxes by federal employees -- $1 billion total savings. WHAT'S THIS ABOUT?
* Prohibit taxpayer funded union activities by federal employees -- $1.2 billion savings over ten years.
* Sell excess federal properties the government does not make use of -- $15 billion total savings.
*Eliminate death gratuity for Members of Congress. WHAT???
* Eliminate Mohair Subsidies -- $1 million annual savings.
*Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change -- $12.5 million annual savings. WELL ISN'T THAT SPECIAL

* Eliminate Market Access Program -- $200 million annual savings.
* USDA Sugar Program -- $14 million annual savings.
* Subsidy to Organization for Economic Co-operation and Development (OECD) -- $93 million annual savings.
* Eliminate the National Organic Certification Cost-Share Program -- $56.2 million annual savings.
*Eliminate fund for Obamacare administrative costs -- $900 million savings.
* Ready to Learn TV Program -- $27 million savings..
* HUD Ph.D. Program.
* Deficit Reduction Check-Off Act.
*TOTAL SAVINGS: $2.5 Trillion over Ten Years

 My question is, what is all this crap doing in the budget in the  first place?

Please Send to everyone you know..

Cut back like little o ... Thanks John Bob L!

Leave it to a Md. Pk Urchin, ex-Marine, retired postmaster to use common sense like our pusa:


>During this Christmas Season-
>
>    I 'm cutting back and you may want to also....
>I 'm going to bite the bullet, too!!!!
>>
>>President Obama ordered the cabinet to cut $100,000,000.00 ($100
>>million) from the $3,500,000,000,000.00 ($3.5 trillion) federal
>>budget.
>>
>>I 'm so impressed by this sacrifice that I have decided to do the same
>>thing with my personal budget. I spend about $2,000 a month on
>>groceries,  etc., but it 's time to get out the budget cutting axe, go
>>through my expenses, and cut back.
>>
>>I 'm going to cut my food spending at exactly the same ratio (1/35,000) of
>>my total budget. After doing the math, it looks like instead of
>>spending $2,000 a month, I 'm going to have to cut that number by six
>>cents. Yes, I 'm going to have to get by with $1999.94, but that 's
>>what sacrifice is all about.
>>
>>I 'll just have to do without some things, that are, frankly, luxuries
>>– six cents worth.
>>
>>Did this President actually think no one would do the math? Please
>>send this to everyone on your list so people understand how idiotic a
>>$100 million cut is in a $3.5 trillion budget – ludicrous!!!!!!!
>>
>>"There are two ways to conquer and enslave a nation...
>>One is by sword...
>>The other is by debt."
>>John Adams 1826
>
>

obama budget

How does little o escape Debt responsibility?

He continues to bluff himself through, ignoring little things like Benghazi and the tremendous debt he has compiled above all preceding presidents of the USA.  The guy is a very popular and a consistent liar but voting Americans don't care as we tumble over more than just a fiscal cliff.

He just stalled beyond this current cliff and now he will be off to Hawaii again as the USA tumbles on down the step slope which millions of the protariat of Germany and Russia have fallen.

Isn't it amazing?

Best analogy, Lou f.! Thanks!

BEST STATEMENT YET...

 This should be engraved in stone at the front of the Capitol. 

“Witnessing the Republicans and the Democrats bicker over the U.S. debt is like watching two drunks argue over a bar bill on the Titanic.”

obama's proposed budget cut ... Thjanks Dr. H.!

Subject: Bite the bullet

     Isn't the pres. doing a GREAT job??? 

     I'm going to bite the bullet, too!!!! Will you join me!

          President Obama ordered the cabinet to cut $100,000,000.00 ($100 million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget.

          I 'm so impressed by this sacrifice that I have decided to do the same thing with my personal budget. I spend about $2,000 a month on groceries, household expenses, medicine, utilities, etc., but it 's time to get out the budget cutting axe, go through my expenses, and cut back.

          I 'm going to cut my spending at exactly the same ratio (1/35,000) of my total budget. After doing the math, it looks like instead of spending $2,000 a month, I 'm going to have to cut that number by six cents. Yes, I 'm going to have to get by with $1999.94, but that 's what sacrifice is all about.

          I 'll just have to do without some things, that are, frankly, luxuries – six cents worth.

          

          Did this President actually think no one would do the math? Please send this to everyone on your list so people understand how idiotic a $100 million cut is in a $3.5 trillion budget – ludicrous

          

          "There are two ways to conquer and enslave a nation...

          One is by sword...

          The other is by debt."

          John Adams 1826

 

obama scoffs at Gop Proposal to save 4.6 Trillion in cuts

Tuesday December 04, 2012

ObamaCare Secrets Revealed for First Time, Read More

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Tags: gop | cuts | fiscal | cliff

House GOP Propose $4.6 Trillion in Cuts to Obama

Monday, 03 Dec 2012 03:49 PM

By Newsmax Wires

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House Republicans, rejecting President Barack Obama’s demand for tax rate increases, offered a $4.6 trillion deficit reduction plan today that doesn't raise tax rates on the wealthiest Americans.

The proposal is based on a framework from a year ago outlined by Clinton White House chief of staff Erskine Bowles, one of President Obama's debt commission chairs, and includes an increase in the eligibility age for Medicare benefits, likely to age 67.

"What we're putting forth is a credible plan that deserves consideration by the White House," Boehner told reporters.

Editor's Note The IRS’ Worst Nightmare — How to Pay Zero Taxes
The proposal, contained in a letter today to Obama from House Speaker John Boehner and other Republican leaders, calls for $800 billion in new revenue over the next decade. It would also cut spending on entitlements such as Medicare and Medicaid by at least $900 billion and save another $300 billion through cuts in discretionary spending, according to the letter to Obama.
The House Republican leaders also proposed saving $200 billion by revising the way cost-of-living increases are calculated for Social Security recipients and others, such as retired federal workers.

The White Houre swiftly fired back that the plan "does not meet the test of balance," and that Republicans were clearly not "serious" about averting the fiscal cliff.

"Their plan includes nothing new and provides no details on which deductions they would eliminate, which loopholes they will close or which Medicare savings they would achieve," he said. "While the president is willing to compromise to get a significant, balanced deal and believes that compromise is readily available to Congress, he is not willing to compromise on the principles of fairness and balance that include asking the wealthiest to pay higher rates ... Until the Republicans in Congress are willing to get serious about asking the wealthiest to pay slightly higher tax rates, we won't be able to achieve a significant, balanced approach to reduce our deficit our nation needs."

After days of stalemate, the Republicans' offer showed deep differences with President Barack Obama as the two sides work to head off across-the-board spending cuts and tax increases due to take effect in January.
But the proposal could allow negotiators to begin their work in earnest as both sides now have outlined their visions in concrete terms. Analysts say the talks will have to show tangible progress this week to ensure that a deal can be signed into law before the end of the year.
"If you are agreeable to this framework, we are ready and eager to begin discussions about how to structure these reforms so that the American people can be confident that these targets will be reached," Boehner, of Ohio, and several other House Republican leaders wrote in a letter to Obama. The Republican proposal would overhaul the complicated U.S. tax code to raise $800 billion in new revenue over 10 years, roughly half the total Obama is seeking.
But the Republicans said they would oppose raising tax rates on the wealthiest 2 percent of U.S. households, a central element of Obama's proposal.
The plan would also trim government healthcare costs by $600 billion over a decade, $250 billion more than Obama proposed in his opening bid last week.
It would slow the growth of cost-of-living increases on federal benefits by $200 billion by changing the way they are calculated and cut other government spending by $600 billion.
Using the White House's accounting methods, the Republican proposal would reduce annual budget deficits by $4.6 trillion over 10 years, within shouting distance of the $4.36 trillion in savings proposed by Obama.
But the relative similarity of the headline number masks stark differences in how those savings would be achieved.

Editor's Note The IRS’ Worst Nightmare — How to Pay Zero Taxes
MUTUAL DISTRUST
The cuts proposed by Republicans are sure to face fierce resistance from Democrats, who are still smarting over $1.1 trillion in cuts that Republicans extracted in a budget deal last year.
And Obama has insisted that he will not sign any deal that does not raise taxes on the wealthiest households -- a step Republicans have resisted so far, even as they expressed a new willingness to reconsider the anti-tax stance that has defined the party for decades.
Negotiators must overcome more than just mutual distrust as they work toward a deal in coming weeks. While some business leaders and grassroots groups are urging Washington to craft a "grand bargain" that would put federal finances on a sustainable course, lawmakers also face a more immediate lobbying blitz from groups that worry that any deal could decimate favored federal programs.
Anti-tax activist Grover Norquist has been in the spotlight as he pressures Republicans to stick by a pledge many have signed to oppose any tax increases.
On the other side of the ledger, industry groups are scrambling to protect spending on everything from education to defense and scientific research. Liberal groups have mobilized to protect popular federal health and retirement programs.
"Everyone wants something to happen before the end of the year, but what's more important than having something happen is having the right thing happen," said Nancy Altman, co-director of Social Security Works, a coalition of liberal and labor groups.
"A bad deal is worse than no deal at all," she said.
Editor's Note The IRS’ Worst Nightmare — How to Pay Zero Taxes
© 2012 Newsmax. All rights reserved.

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Why don't you believe o? ./.. Thanks Lyle s. and Janis R.!

Janis K.

shared a photo: "Mmmmmhmmmm".

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Townhall Columnists John Ransom

 

Obama Budget: A Lie Wrapped in a Theory Inside a Stimulus

• 
 
• John Ransom
  

 

Now that Obama has officially unveiled this year’s blueprint for Democrat pork, the only mystery is whether Obama will actually get a vote for his new budget. Last year his budget never made it to the House and received not a single vote when presented in the Senate, going down 0-97.

With Obama proposing another $2.2 trillion in deficit spending just for this year and next, plus uber tax increases for people not named Warren Buffett- tax increases, by the by, arealways very popular in an election year - look for Democrats to keep their record intact for governing without a budget.

1001, 1002, 1003, 1004 …just keep counting. But don’t hold your breath.

“The time for austerity is not today,” said the most under-worked guy in DC, Jacob Lew, Obama budget guy-turned-chief-of-staff on NBC’s Meet the Press on Sunday. “If we were to put in austerity measures right now, it would take the economy in the wrong way.”

There are a bunch torch and pitchfork types in Greece who would likely agree with him, if they could stop burning down buildings for a day or two.

Get it? The guy who was responsible for the non-budgets now is running the whole really big shew at the White House. Only Obama could give a promotion to a guy who couldn’t even get budgets passed by his own party, yet alone reach a compromise with the GOP

Look for the budget to go down by more than 97 votes this time.

This is the same Obama who was preaching cutting the deficit back in July, pretending he was a deficit hawk.

I’d like to say that he was either lying to you then or lying to you now. But who are we kidding? He was lying to you then and now. And if you wait a few months he’ll lie on the budget again. The Obama budget is a lie wrapped in a theory inside a stimulus. 

And that ladies and gents is why S&P downgraded US sovereign debt. Obama may be fooling someone, but it’s not the credit rating agency. They know the administration is lying about anything, everything. Heck even liberals know it. 

From the liberal New Republic:

Treasury officials felt that if S&P moved ahead with this decision [to downgrade the debt], the company would only embarrass itself, not the U.S. government. In this vein, Geithner simply informed the visitors that his country’s economic performance had exceeded S&P’s expectations on almost every measure it claimed to care about. As for the one where it lagged—the deficit—Geithner pointed out that the president had proposed cutting it by $4 trillion that very morning.

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John Ransom

John Ransom is the Finance Editor for Townhall Finance. You can follow him on twitter@bamransom and on Facebook: bamransom.