Tag Archives: Budget

13 State Attorney Generals File Lawsuit Against Health Care Reform

The Attorney Generals of 13 states have filed a lawsuit against Obamacare.  The only Democrat in the bunch is Louisiana’s Buddy Caldwell.  See the petition they filed below

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Filed under 10th Amendment, Article 1 Section VII, Barack Obama, Congress, Conservatives, Constitution, DEFICIT, Economics, Entitlements, Government Spending, Healthcare Reform, individual rights, Medicaid, Medicare, United States of America

Paul Ryan at his best! Remarks on House Floor in opposition of Majority’s Health Care Bill

In case you missed Paul Ryan in all his awesomeness on the house floor yesterday, here it is…

YouTube – Paul Ryan: Remarks on House Floor in opposition of Majority’s Health Care Bill.

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Filed under Barack Obama, Budget, Capitalism, Congress, Conservatives, Constitution, DEFICIT, Economics, Entitlements, Executive Orders, Government Spending, Healthcare Reform, House of Representatives, Ideology, individual rights, IRS, Jobs, Limited Government, Medicaid, Medicare, National Debt, Parlaimentary Procedure, Social Security, Uncategorized, United States of America

The Video That Will Put Geithner Behind Bars

You gotta see this! If this doesn’t convince you that Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don’t know what will.

Keep in mind, that Geithner ran Lehman through 3 “stress tests” prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas–the examiner who wrote the 2,200 page investigative-report which was released on Thursday– has provided plenty of information detailing Lehman’s “materially misleading” accounting and “actionable balance sheet manipulation.”

In other words, they cooked the books

via The Video That Will Put Geithner Behind Bars | Economy | AlterNet.

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Filed under Big Government, Economics, Federal Reserve, Government Spending, Liberals, Tim Geithner, TREASURY, Treasury Bills, Treasury Bonds

Paul (TX14) – Press Releases – Congressman Paul Returns Over $100,000 to Treasury

For Immediate Release

March 1, 2010

Congressman Paul Returns Over $100,000 to Treasury

Washington, D.C. – Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

“Since my first year in Congress representing the 14th district I have managed my office in a frugal manner, instructing staff to provide the greatest possible service to the people of the 14th district at the least possible cost to taxpayers,” said Paul.

via Paul (TX14) – Press Releases – Congressman Paul Returns Over $100,000 to Treasury.

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I SOOO LOVE THIS!  We need more elected officials to cut their spending! On a sad note,the 100k Returned by Congressman Paul will only cover 2/3 of the money Speaker Pelosi spent last year for BOOZE on the government jet she uses to shuttle herself and her family (sometimes just her family) to and fro from California.

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Filed under Budget, Economics, Government Spending, United States of America

SENATOR HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL

HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL

Utah Senator Calls Trillion-Dollar Spending Bill “A Profound Disappointment”

WASHINGTON – U.S. Senator Orrin Hatch (R-Utah) issued the following statement today on the one-year anniversary of the President signing the “stimulus” bill that Hatch opposed, into law:

“In its first year, the trillion-dollar stimulus has been nothing less than a profound disappointment costing tens of billions more than estimated. The American people were promised that it would stop the unemployment rate from going over 8 percent, that 90 percent of the jobs created would be in the private sector and that it would jump start our economy immediately. Regrettably, none of those things has turned out to be true. Giving Utahns and Americans their hard-earned money back through tax relief to make choices for themselves is a much better way to turn our economy around – not another big-government Washington solution that adds to our already sky-high debt.”

via HATCH ON ONE-YEAR ANNIVERSARY OF STIMULUS BILL.

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Filed under Economics, Government Spending

Deficit Will Push Economy Over The Cliff – Forbes.com

President Obama’s 2011 budget proposal was so outrageously egregious that he had to hold a special press conference on Monday just to spin the news.

The scope of the proposed budget for fiscal 2011 is $3.8 trillion. The difference between revenue and expenditures for the current fiscal year will leave us with a deficit of $1.6 trillion. Amazingly, that shortfall will equal 10.6% of gross domestic product–the highest since World War II. For 2011, Obama’s own Office of Management and Budget projects the deficit will fall by just $300 billion to $1.3 trillion, or 8.3% of GDP, the second highest since WWII.

Read the rest here: Deficit Will Push Economy Over The Cliff – Forbes.com.

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Filed under Barack Obama, Big Government, Budget, Economic Collapse, Economics, Federal Reserve, Government Spending, Liberals

FDA Requests $4.03 Billion to Transform Food Safety System, Invest in Medical Product Safety, Regulatory Science

FDA Requests $4.03 Billion to Transform Food Safety System, Invest in Medical Product Safety, Regulatory Science.

FDA NEWS RELEASE

For Immediate Release: February 1, 2010

Media Inquiries: Michelle Yeboah, 301-796-4649, Michelle.Yeboah@fda.hhs.gov
Consumer Inquiries: 888-INFO-FDA

FDA Requests $4.03 Billion to Transform Food Safety System, Invest in Medical Product Safety, Regulatory Science
FY 2011 request represents a 23 percent increase over FY 2010 budget

The U.S. Food and Drug Administration is requesting $4.03 billion to promote and protect public health as part of the President’s fiscal year 2011 budget – a 23 percent increase over the agency’s current $3.28 billion budget.

The FY 2011 request, which covers the period of Oct.1, 2010, through Sept. 30, 2011, includes increases of $146 million in budget authority and $601 million in industry user fees.

“The FY 2011 resources will strengthen our ability to act as a strong and smart regulator, protecting Americans through every stage of life, many times each day,” said FDA Commissioner Margaret A. Hamburg, M.D. “This budget supports the ability for patients and families to realize the benefits of science that are yielding revolutionary advances in the life and biomedical sciences.”

The budget request reflects the FDA’s resolve to transform food safety practices, improve medical product safety, protect patients and modernize FDA regulatory science to advance public health. Funding in the FY 2011 request also supports new regulatory authority to regulate cigarettes and other tobacco products received in June 2009.

The proposed budget includes support for the FDA’s investment in addressing the challenges of the 21st century. The FDA envisions a transformed U.S. food safety system that focuses on prevention, increased efforts to address medical product safety challenges and a focus on modernizing regulatory science at the FDA.

These four initiatives are the major highlights for the FY2011 budget increases.

  • Transforming Food Safety (+ $318.3 million)
    The Transforming Food Safety Initiative reflects President Obama’s vision of a new food safety system to protect the American public. The FDA will set standards for safety, expand laboratory capacity, pilot track and trace technology, strengthen its import safety program, improve data collection and risk analysis and begin to establish an integrated national food safety system with strengthened inspection and response capacity.
  • Protecting Patients (+ $100.8 million)
    The Protecting Patients Initiative advances the Obama Administration’s priorities for safe, quality health care for all Americans. The resources in this initiative will support the safety of drugs, devices, and vaccines, as well as the Nation’s blood supply. The FY 2011 resources will also strengthen the FDA’s ability to act as a strong and smart regulator to address medical product safety challenges in the years ahead.
  • Advancing Regulatory Science (+ $25.0 million)
    Advancing Regulatory Science builds on President Obama’s commitment to harness the power of science for America’s benefit. During the past two decades, extraordinary investments have led to revolutionary advances in the life and biomedical sciences. Many key discoveries, however, have yet to translate into real therapies for patients. The FY 2011 budget will allow the FDA to begin to strengthen its core scientific capacity. This investment will allow the  FDA to identify improved pathways to product development and approval for new technologies that offer promising new opportunities to diagnose, treat, cure and prevent disease.
  • Tobacco (+ $215.0 million)
    An increase in tobacco user fees will allow the FDA to continue to implement the Family Smoking Prevention and Tobacco Control Act. Preventing youth from using tobacco and helping Americans quit, promoting public understanding of the harmful constituents of tobacco products, developing the foundation of science for regulating tobacco, and regulating tobacco to reduce the toll of tobacco-related disease, disability and mortality are tobacco program priorities for FY 2011.

For more information

The President’s FY2011 budget for the FDA
http://www.hhs.gov/budget/docbudget.htm

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Filed under Big Government, Budget, Economics, Government Spending, Governmental Agencies