Revenue

Image Credit: Wall Street JournalImage Credit: Wall Street Journal

IRS Targeting Pumps Tea-Party Patriots Up!

With clipboard in hand and “don’t tread on me” rattlesnake earrings dangling, Jenny Beth Martin, the woman sometimes described as the tea party’s den mother, stood guard over the microphone at a Capitol Hill protest of the Internal Revenue Service’s targeting of conservative groups. Lawmakers sweltered in a long line waiting to take the stage earlier this summer before a crowd of roughly 10,000 and a live Web audience. It [...]

Chorus of Democrats Deny Government Spending is a Problem

Chorus of Democrats Deny Government Spending is a Problem

A Growing Chorus Of Democrats Refuse To Acknowledge The Fact That The U.S. Government Has A Grave Spending Problem, Calling Instead For More Taxes LEADING DEMOCRATS DENY A SPENDING PROBLEM EXISTS In A Senate Appropriations Hearing, Sen. Tom Harkin (D-IA) Said “No,” The Nation Does Not Have A Spending Problem. SEN. TOM HARKIN (D-IA): “Thank you, Madam Chair. I think, first of all, I want to disagree with those who [...]

Senate Fiscal Cliff Bill Is $600 Billion Tax Hike, Increases spending by $330 billion

Senate Fiscal Cliff Bill Is $600 Billion Tax Hike, Increases spending by $330 billion

The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the beginning of the New Year. Despite knowing for a long time that taxes would go up on all Americans today, the Senate waited until we technically went over the cliff to act. Washington’s dysfunction was even fodder for New Year’s revelers in Times Square. Going over the [...]

41:1 Ratio of Revenue to Cuts – Obama Claims Victory

41:1 Ratio of Revenue to Cuts – Obama Claims Victory

The White House claims victory in the Fiscal Cliff Aversion deal.  Obama said that he would agree to  $2.50 dollars of Cuts for every dollar of Revenue.  This was his Balanced Approach.  When it was all said and done and the CBO scoring returned, Democrats gained forty-one (41) dollars of revenue for every one (1) dollar in cuts. It is the Democratic promise of old, “give us the revenue and [...]

Transcript of President Obama’s remarks on fiscal cliff, economy

Transcript of President Obama’s remarks on fiscal cliff, economy

REMARKS BY THE PRESIDENT East Room   1:08 P.M. EST     THE PRESIDENT:  Thank you.  (Applause.)  Thank you so much. (Applause.)  Thank you very much, everybody.  Everybody, please have a seat.  (Applause.)   Well, good afternoon, everybody.  Now that those of us on the campaign trail have had a chance to get a little sleep — (laughter) — it’s time to get back to work.  And there is plenty [...]