Wednesday, March 18, 2015

No surprises with a Republican majority in the House and Senate. As President Obama reduces the national deficit, the Repubicans increase it.

This is proof the Republicans have no respect for the taxpayer or the credit rating of the USA.

No loophole was closed for the wealthy, there are more loopholes created in this budget for the wealthy. 

The Republicans are known as the frugal party that seeks to lower the national debt and deficit. They are the party stating, "We are taking the future away from our children." The only time the Republicans are frugal or concerned about the taxpayer is when Democrats are in any majority or in the White House.

There is only one reason Republicans are concerned about any national debt and it is to remove spending on the poor and reassign the monies to the real welfare in the USA namely Wall Street and the wealthy.

I hope the Democrats finally take the idea of ending the national debt and deficit as their own to end and lower. The only reason Republicans want a balanced budget amendment for the federal government is to take away any federal spending on the poor or those monies that support the Middle Class through educational funding or health care. 

This Republican budget does not end any ACA tax, it reassigns it to other spending. So, the idea the Republicans want to scuttle the entire ACA bill is a lie. They want to continue the taxes in the ACA and reassign them to Republican cronies.

"W" Bush used the country's credit card all too frequently and now the current Republican majority proves they do the same thing. It is not the Democrats that spend the country's way into a greater and greater national debt, it is the Republicans that spend on items like the F35. If that jet is not a welfare project don't ask me what is.

March 17, 2015

WASHINGTON — House Republicans on Tuesday unveiled a $3.8 trillion budget (click here) plan for next year that effectively breaks tight budget limits on military spending while promising a familiar roster of big cuts to social programs such as food stamps and Medicaid.
The plan by Budget Committee Chairman Tom Price, R-Ga., pads Pentagon and State Department accounts for overseas operations in Afghanistan and elsewhere by $36 billion above President Barack Obama's $58 billion request for such spending, which is not bound by the return of automatic cuts next year.
To meet their promise to balance the budget within a decade, Republicans propose cutting $5.5 trillion from a federal budget that's on track to total $50 trillion over that period. They also swallow up almost $1 trillion in higher tax revenues over a decade by assuming the expiration of popular tax breaks like the research and development tax break that are known collectively in Washington-speak as tax "extenders."
In the immediate term, the measure would produce higher deficits as lawmakers block a looming cut in Medicare fees to doctors and increase Pentagon spending....