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
Tag Archives: Budget
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
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.
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.
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.”
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.