Free Republic 3rd Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $13,249
15%  
Woo hoo!! And the first 15% is in!! Thank you all very much!!

Keyword: sequester

Brevity: Headers | « Text »
  • The Idiots Guide to Wealth Creation; or How to Become a United States Senator

    05/24/2014 5:42:58 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | May 24, 2014 | John Ransom
    As long as one sorely needs a certain additional amount, that man isn’t rich. Seventy times seventy millions can’t make him rich, as long as his poor heart is breaking for more. I am just about rich enough to buy the least valuable horse in your stable, perhaps, but I cannot sincerely and honestly take an oath that I need any more now. And so I am rich. But you, you have got seventy millions and you need five hundred millions, and are really suffering for it. Your poverty is something appalling.—Mark Twain to Cornelius Vanderbuilt He lies in little...
  • White House won't say if Obama kept promise to return 5% of his salary

    05/20/2014 10:42:24 AM PDT · by SkyPilot · 10 replies
    Daily Mirror ^ | 20 May 14 | Joseph Weber
    790 shares 100 View comments President Barack Obama pledged in the spring of 2013 to give back 5 per cent of his $400,000 salary in solidarity with federal government workers who were expected to lose an average of two weeks' pay because of automatic budget cuts – known in Washington parlance as a 'sequester.' A year later, however, it's not clear that he made good on his $20,000 promise. Mr. and Mrs. Obama's 2013 tax return, which the White House published last month, shows an adjusted gross income of $481,098. The couple claimed $147,769 in itemized deductions, but no line-item...
  • How Will the Ukraine Crisis Affect the Defense Budget?

    04/28/2014 3:23:46 PM PDT · by SkyPilot · 4 replies
    Government Executive ^ | 28 Apr 14 | Charles S. Clark
    Rep. Mac Thornberry, R-Texas Russian President Vladimir Putin’s ongoing push into Ukraine represents a “startling brazenness not seen in history,” a top House defense thinker said on Monday. “It means we need to expand the range of military options for which we have to be prepared,” according to Rep. Mac Thornberry, R-Texas, a member of the Armed Service Committee. On a recent trip to Asia just ahead of President Obama, “I heard that China is a rising power and the U.S. is a declining one, which doesn’t mean conflict is inevitable, only that there’s the potential for increasing complexity,”...
  • Local impact of defense budget uncertain (20,400 fewer airmen proposed)

    03/05/2014 1:30:26 AM PST · by Up Yours Marxists · 5 replies
    News Herald ^ | 3/4/2014 | LAUREN SAGE REINLIE
    TYNDALL AIR FORCE BASE — Force reduction measures and degradation of military benefits could have an effect on local service members under the Pentagon’s proposed budget cuts. The Pentagon officially unveiled its 2015 budget proposal Tuesday as part of the White House’s total budget request. The first post-Afghanistan war budget calls for a drawdown of Army and Air Force personnel, but invests additional funding in training, new weapons systems and special operations. The budget still requires approval of Congress, where a heated battle is expected. Although the budget calls for the Army to reduce its ranks by 40,000 to 50,000...
  • US deficit to drop to $514B, lowest of Obama years

    02/04/2014 9:42:18 AM PST · by ColdOne · 22 replies
    cnsnews.com ^ | 2/4/14 | ANDREW TAYLOR,Ap
    WASHINGTON (AP) — The U.S. budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Barack Obama took office five years ago, a congressional report said Tuesday. The Congressional Budget Office credits higher tax revenues from the rebounding economy and sharp curbs on agency spending as the chief reason for the deficit's short-term decline. But the budget experts see the long-term deficit picture worsening by about $100 billion a year through the end of the decade because of slower growth in the economy than they had...
  • President Pinocchio

    01/22/2014 11:05:38 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | January 22, 2014 | Donald Lambro
    WASHINGTON - President Obama's bogus promises, predictions and claims are legendary, but perhaps you've forgotten his "sky is falling" forecast about the $85 billion budget sequester. Last February, as Congress's automatic budget cuts began chipping away at the government's out-of-control spending levels, Obama went hyperbolic. The spending cuts would deal a "huge blow... to our economy as a whole" and "all our economic progress could be at risk." In a string of speeches, the president played his fear card again. Air traffic control operations were being put at risk. Cancer research projects would be halted. Your food safety was in...
  • Why the Sequester Had to Die : It was Too Successful

    01/15/2014 7:34:49 AM PST · by SeekAndFind · 7 replies
    National Review ^ | 01/15/2014 | Kevin D. Williamson
    Sequester, we hardly knew ye. The omnibus budget deal slithering its way toward President Barack Obama’s desk for signing abandons the automatic spending cuts that resulted from an earlier fiscal compromise. Why was the sequester abandoned? Like the Gramm-Rudman Act a generation earlier, the sequester had to be stopped for one fundamental, undeniable, bipartisan reason. It worked. It did not work perfectly, and it did not balance the budget or put us on course for a balanced budget. But it did play a critical role in nudging the deficit away from “catastrophic existential threat” territory and toward “terrifying money-suck.” It...
  • Crashing and Burning in 2013

    12/30/2013 2:29:16 AM PST · by afraidfortherepublic · 14 replies
    PJMedia ^ | 12-29-13 | Victor Davis Hanson
    Recent polls suggest Barack Obama has become a turn-off. Why? In part, all presidents wear on Americans. Their presence has become as ubiquitous in our lives as the busts of the emperor Augustus dotting the Mediterranean world. So who wouldn’t annoy after speaking and appearing on our screens 24/7 for five years? But in Obama’s case, two character traits made him especially aggravating this year. Both explain why vero possumus and hope and change have descended to “you can keep your plan, period.” ~snip~ Why so? Few care to speculate anymore other than the obvious that his cursus honorum was...
  • Federal government not as important as politicians believe

    12/19/2013 12:30:51 AM PST · by Cincinatus' Wife · 8 replies
    Pittsburg Tribune Review ^ | December 18, 2013 | Scott Rasmussen
    Entering the world of official Washington is a bit like the mythical trip Alice took through the looking glass. Everything is upside-down and nonsensical. This was highlighted most recently in a Wall Street Journal article about how the American people have “a deepening distaste for all Washington institutions” and “angst over Washington dysfunction.” At the same time, the reporter noted that Americans were “surprisingly upbeat about their own lives.” Solid majorities were happy with their personal finances and “more optimistic about the economy.” This disconnect is surprising only to those who have gone through the D.C. looking glass and believe...
  • McCain: Republicans opposed to budget deal ‘lack some intellectual integrity’ [VIDEO]

    12/17/2013 6:09:56 PM PST · by servo1969 · 31 replies
    The Daily Caller ^ | 12-17-2013 | Brendan Bordelon
    Arizona Republican Sen. John McCain excoriated his conservative Republican colleagues Tuesday on the Senate floor for planning to vote against the House-passed budget deal, claiming their opposition “lacks some intellectual integrity.” The budget agreement cleared a key procedural block Tuesday morning, after the Senate voted 66-33 to end debate on the bill. Twelve Republican senators joined Democrats in supporting the move, but 33 others — mostly fiscal conservatives — voted against advancing the bill and are expected to reject the deal itself later this week. That didn’t sit well with Sen. McCain. “I understand that there are many of my...
  • The Air Boehner Tax ["Sorry. My Irish is up."]

    12/17/2013 4:09:49 AM PST · by Cincinatus' Wife · 26 replies
    The American Spectator ^ | December 17, 2013 | Jeffrey Lord
    He is the new tax collector for the welfare state. And House Speaker John Boehner’s latest gift to the American people — a 124% tax increase on air travel — can aptly be called The Air Boehner Tax. But first…a short time travel trip. The date: Monday. January 11, 1982 The place: The White House Wrote President Ronald Reagan in his diary of this day: Repub. House Leaders came down to the W.H. —Except for Jack Kemp they are h—l bent on new taxes… Another date: Wednesday, August 4, 1982 The place: The White House. Another entry from Reagan’s diary:...
  • Cuts for military retirees costing GOP support for budget deal

    12/16/2013 10:07:17 AM PST · by SkyPilot · 101 replies
    Washington Post ^ | 16 Dec 13 | Josh Hicks
    <p>GOP lawmakers and military groups have lined up against the bipartisan budget deal making its way through Congress because of a provision that would trim pay for young military retirees.</p> <p>In a joint statement last week, Sens. Kelly Ayotte (R-N.H.), Lindsey Graham (R-S.C.) and Roger Wicker (R-Miss.) said they cannot support the legislation because it “disproportionately and unfairly targets those who have put their lives on the line to defend our country.”</p>
  • Sequester We Hardly Knew Ye - No Vote on Budget Deal

    Sequester We Hardly Knew Ye By Congressman Tom McClintock The great irony of the Republican decision to bust the budget sequester is that barely two months ago, congressional roles were reversed. The Democrats insisted on funding the government according to existing law. The Republicans sought one simple change: that the individual insurance mandate under Obamacare be delayed for one year. They were trying to spare the American people the Obamacare disaster that is now unfolding, but to no avail. The American people sided overwhelmingly with the Democrats on the principle that the government should be funded according to current law...
  • Paul Ryan tells Tea Party to keep budget disagreements ‘within our conservative family’

    12/15/2013 4:30:03 PM PST · by servo1969 · 56 replies
    The Daily Caller ^ | 12-15-2013 | Brendan Bordelon
    Wisconsin Republican Rep. Paul Ryan tried to calm the burgeoning feud between Republican Party leadership and its conservative critics over the budget deal passed in the House this week, requesting that the Tea Party “keep these conversations within our family.” Ryan appeared on “Fox News’ Sunday” with Chris Wallace to discuss the budget deal he brokered with Washington Democratic Sen. Patty Murray. The agreement, which passed the House on Thursday, scraps nearly one third of sequester cuts and replaces them with promised future reductions. Conservative groups largely came out against the deal, prompting an angry tirade from Speaker of the...
  • Durbin: GOP presidential ambitions and Tea Party challengers imperil budget deal

    12/15/2013 11:01:55 AM PST · by Cincinatus' Wife · 23 replies
    The Hill ^ | December 15, 2013 | Alexander Bolton
    Senate Democratic Whip Dick Durbin (Ill.), the second-ranking Senate Democratic leader, said Sunday that Republicans jockeying for the White House in 2016 and Tea Party challengers in 2014 have imperiled the budget deal. Durbin estimated that Democrats will lose three members of their caucus on the vote, which means they’ll need at least eight Republicans to cross the aisle and vote with them. The challenge Democratic leaders face in trying to round up the vote has been compounded by the outspoken opposition to the deal from Republicans weighing presidential bids and a slew of Republican primary races in 2014. “A...
  • Senate poised to pass budget

    12/13/2013 11:52:27 AM PST · by Cincinatus' Wife · 15 replies
    Politico ^ | December 13, 2013 | MANU RAJU and BURGESS EVERETT
    Senate Democrats are on the cusp of securing enough GOP votes to break a filibuster next week on the bipartisan budget, temporarily ending the fiscal crises that have dominated Washington for the past several years. With 53 Democrats and two independents expected to back the measure, four Republicans — John McCain of Arizona, Susan Collins of Maine, Jeff Flake of Arizona and Richard Burr of North Carolina — said that they would vote to cut off debate on the budget, putting proponents just one vote shy of advancing the measure to final passage. Several additional GOP senators signaled Friday that...
  • Paul Ryan Gave Away the Sequester, Along With Fiscal Discipline

    12/12/2013 8:39:43 AM PST · by SeekAndFind · 15 replies
    RCM ^ | 12/12/2013 | Wayne Brough
    With the clock quickly winding down on the legislative year, Congress has cobbled together a budget deal, something they have failed to do since April 2009. The details have yet to be finalized, but many are praising it as a return to regular order, ending the budget brinksmanship that dominated Washington for most of Harry Reid's tenure as Senate Majority Leader. Unfortunately, the budget deal breaches the spending caps created under sequestration-the only measure of fiscal discipline that has made it through Congress in recent years-in exchange for promises of budget cuts down the road. Rep. Paul Ryan (R-Wis.) and...
  • Ryan Deal Limits Senate GOP’s Power to Block Tax Increases

    12/11/2013 6:54:47 PM PST · by Mount Athos · 92 replies
    National Review ^ | 12/11/13 | Jonathan Strong
    Senate Republicans scrubbing the Ryan-Murray budget deal have come across a little-noticed provision that will limit the GOP’s ability to block tax increases in future years. The bill includes language from the Senate Democrats’ budget to void a budget “point of order” against replacing the sequester cuts with tax increases. The process is quite complicated, but in practice it grants Harry Reid the authority to send tax increases to the House with a bare majority, rather than the 60 vote threshold that would be required under the point of order. The provision has angered key Republican Senators. Reeling from Harry...
  • Hidden disaster in new budget: Demonic plot to raid pensions

    12/12/2013 3:09:04 AM PST · by Cincinatus' Wife · 44 replies
    Salon ^ | December 11, 2013 | David Dayen
    2013 has not been a pleasant year if you work for the federal government. You’ve been subject to pay freezes, furloughs and shutdowns. One of you got yelled at by a Tea Party Republican at the World War II memorial. And if Congress passes the budget deal announced Tuesday night by Rep. Paul Ryan and Sen. Patty Murray – a big if – you will get a final Christmas present: You’ll have to pay more into your pension, an effective wage cut that just adds to the $114 billion, with a “B,” federal employees have already given back to the...
  • Budget deal is either same old-same old or pragmatic step toward 2014

    12/12/2013 2:17:00 AM PST · by Cincinatus' Wife · 3 replies
    Washington Examiner ^ | December 11, 2013 | MARK TAPSCOTT |
    There are two ways of looking at the deal announced Tuesday night by House Budget Committee Chairman Paul Ryan and Senate Budget Committee Chairman Patty Murray. Either the deal — which rolls back the 2011 sequestration budget ceiling by increasing federal spending from $967 billion to $1.012 trillion in 2014 — represents another cave by spineless congressional Republican leaders or a brainy, pragmatic decision to take the issue off the legislative calendar until after the 2014 election. Either way, it's indisputable that the same GOP leaders who in August said defending sequestration was far more important than defunding Obamacare are...
  • Republican establishment bites back

    12/11/2013 11:53:36 AM PST · by Stingray51 · 21 replies
    Yahoo News ^ | 12/11/13 | Chris Moody
    ...These Republicans had just been briefed on a new, bipartisan budget blueprint that would establish long-term federal government spending caps. The plan, a product of months of negotiation between Wisconsin Rep. Paul Ryan, a Republican, and Washington Sen. Patty Murray, a Democrat, lacks many priorities Republicans have fought for during the Obama era. ... Because the new budget deal sets spending levels until 2015, it eliminates the possibility of shutdown battles over the next few years, which serves as a welcomed relief to Democrats and Republicans alike. ... “Most major conservative groups have put out statements blasting this deal,” the...
  • TODAY’S BUDGET AGREEMENT: GOOD POLITICS, MAYBE, BUT NOT GOOD POLICY

    12/11/2013 8:44:28 AM PST · by Hojczyk · 6 replies
    Powerline ^ | December 10, 2013 | JOHN HINDERAKER
    The Democrats hated the sequester, and have been trying to bust it ever since it went into effect. Today, they succeeded. The Ryan/Murray deal pegs FY 2014 spending at $1.012 trillion, which Ryan’s press release described as “about halfway between the Senate budget level of $1.058 trillion and the House budget level of $967 billion.” What Ryan didn’t say is that $967 billion isn’t just the House proposal, it is the discretionary spending limit under current law. The sequester is now out the window. Republicans did get something in exchange for increasing spending: notably, federal employees will have to increase...
  • Some Thoughts on the Budget Deal

    12/11/2013 10:10:15 AM PST · by SeekAndFind · 23 replies
    National Review ^ | 12/11/2013 | Yuval Levin
    The actual text of the Ryan-Murray budget deal came out late last night, so it’s only now possible to really consider the particulars and see how it looks. It seems to me that the details look a fair bit better than the general outline that had been reported in the press over the past week or so, particularly on the question of whether the entitlement cuts that would replace some discretionary sequester cuts could be expected to actually materialize. As it stands, this strikes me as more or less a very small-scale version of the sort of thing that Republicans...
  • Budget text released as House moves swiftly toward vote

    12/11/2013 4:45:53 AM PST · by Cincinatus' Wife · 11 replies
    The Hill ^ | December 11, 2013 | Erik Wasson
    The House Budget Committee filed the text of the new Ryan-Murray budget deal before midnight on Tuesday and the Rules Committee announced an emergency meeting at 2 p.m. on Wednesday to prepare a House floor vote on the package. The text of the $85 billion deal is here. [77 page PDF] The deal sets spending levels for 2014 and 2015, allowing appropriators to create a fully detailed omnibus spending package before the government shutdown deadline of Jan. 15. The spending panel will also now have the chance to do all 12 individual appropriations bills for 2015 before the Oct. 1...
  • ‘This Is Mickey Mouse’: No Softball Questions in Levin’s Interview With Ryan on Budget Deal

    12/11/2013 1:05:52 AM PST · by Cincinatus' Wife · 13 replies
    The Blaze ^ | December 10, 2013 | Jason Howerton
    Conservative radio host Mark Levin hosted Rep. Paul Ryan (R-Wis.) on Tuesday to discuss the new budget deal announced by lawmakers. Levin wasn’t exactly impressed with the deal and he let Ryan know it, even calling the agreement “Mickey Mouse” more than once. Ryan first explained that the deal, titled “The Bipartisan Budget Act of 2013,” replaces sequester cuts with savings from future cuts. He said he was happy with the plan because it prevents deep budget cuts to the Defense Department and the U.S. military. Mark Levin Challenges Paul Ryan on New Budget Deal in Contentious Interview “This prevents...
  • MARK LEVIN TO PAUL RYAN: BUDGET DEAL IS 'MICKEY MOUSE'

    12/10/2013 8:41:58 PM PST · by Hojczyk · 56 replies
    Breitbart Big Government ^ | December 10, 2013 | by JOEL B. POLLAK
    Talk show host Mark Levin told House Budget Committee Chair Rep. Paul Ryan (R-WI) that the budget deal announced today with Sen. Patti Murray (D-WA) was a "Mickey Mouse" deal, tinkering at the margins of the federal budget, undoing the sequester and exchanging immediate spending increases for future spending cuts. Ryan countered that "elections have consequences," and that many members of the Republican caucus were worried that the next tranche of sequester cuts would hit the military exclusively. He explained that there would be a net savings of $23 billion after $62 billion in new spending was offset by $85...
  • Lawmakers' conference readies budget to jam through House

    12/10/2013 1:13:51 AM PST · by Cincinatus' Wife · 9 replies
    The Hill ^ | December 9, 2013 | Erik Wasson and Russell Berman
    Congressional leaders are preparing to unveil a last-minute budget deal that could be quickly jammed through the House. It looks like a deal could be unveiled as late as Wednesday, just two days before the House is scheduled to recess for the rest of the year. Wednesday is the last day a bill can be filed in the House to allow a Friday vote without going around House rules. Releasing the bill that late in the week could be the best way to cut off a rebellion from the right, and conservatives on Monday were already expressing wariness. “I’m resigned...
  • The “Stupid Party” Strikes Again: Republicans Poised to Give Up Sequester Victory

    12/07/2013 2:15:27 PM PST · by SeekAndFind · 34 replies
    Townhall ^ | 12/07/2013 | Daniel J. Mitchell
    There’s a saying in the sports world about how last-minute comebacks are examples of “snatching victory from the jaws of defeat. I don’t like that phrase because it reminds me of the painful way my beloved Georgia Bulldogs were defeated a couple of weeks ago by Auburn. But I also don’t like the saying because it describes what Obama and other advocates of big government must be thinking now that Republicans apparently are about to do the opposite and “snatch defeat from the jaws of victory.” More specifically, the GOP appears willing to give away the sequester’s real and meaningful...
  • Save the Sequester: The only effective brake on spending, debt and the growth of government

    11/27/2013 7:47:16 AM PST · by SeekAndFind · 2 replies
    National Review ^ | 11/27/2013 | Michael Tanner
    Don’t look now, but we are just 16 days away from the December 13 deadline for House and Senate budget negotiators to reach an agreement on a 2014 budget and avoid another potential government shutdown. Okay, December 13 is less a deadline than a suggestion. The current continuing resolution (CR), the product of October’s government shutdown, doesn’t actually expire until January 15, giving Congress an additional month to come to an agreement. But the December 13 date is still important, because the House is scheduled to recess from the 13th until January 7, with the Senate getting back one day...
  • Budget ax may fall on fed pensions

    11/26/2013 4:28:27 AM PST · by Cincinatus' Wife · 21 replies
    The Hill ^ | November 26, 2013 | Erik Wasson
    Federal workers look like they could be the big losers if House and Senate budget conferees reach a deal. Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) are working behind closed doors to reach a deal that would replace some of the automatic spending cuts known as the sequester with other reductions. They are believed to be looking at hiking federal worker employee retirement contributions, which would effectively lower federal pay. The savings would be used to prevent sequester cuts to the Pentagon and non-defense discretionary spending. Unions representing workers are worried about the cuts already on the table....
  • Pentagon orders plan to close all commissaries

    11/25/2013 8:01:13 AM PST · by SkyPilot · 18 replies
    World Net Daily ^ | 25 Nov 13 | F. Michael Maloof
    WASHINGTON – The Department of Defense is seriously looking at eliminating all of the the military’s remaining commissaries as a budget-cutting measure, but the action, to begin in 2015, would cut one of the basic benefits allotted to military families. Since DOD efforts to shut down the 178 stores statewide and another 70 overseas require congressional approval, there promises to be stiff opposition among lawmakers who are reluctant to cut benefits for the military. There also is concern that elimination of the commissary benefit for service personnel who already receive comparatively lower pay when compared with civilian counterparts could negatively...
  • Entitlement Reform, Tea Party Style

    11/14/2013 4:24:37 AM PST · by Cincinatus' Wife · 2 replies
    The American Spectator ^ | November 14, 2013 | Peter Ferrara
    The Tea Party/Republican House majority was elected in 2010 to stop the runaway Obama Progressive Democrat big government spending spree........Federal spending soared from $2.655 trillion in 2006,when the Democrat Congress was elected to replace the Republican Congress, to $3.6 trillion in fiscal 2011, reflecting the last spending legislation adopted by that completely Democrat Congress in the prior year, an increase of 36% in just four years of control.But after the new Tea Party/Republican House majority forced a major budget showdown in 2011,total, actual, nominal federal spending actually declined in fiscal 2012 to $3.54 trillion. Such an absolute decline rarely ever...
  • GOP’s humiliating new predicament: Why it may have to fund the law it hates!

    11/04/2013 7:52:46 AM PST · by Cincinatus' Wife · 13 replies
    Salon ^ | November 4, 2013 | Brian Beutler, Salon's political writer.
    If the budget negotiations succeed, Democrats should insist on a full-year appropriation for HHS, not just to smooth the rocky implementation of Obamacare but to restore funding to badly damaged programs and agencies like Head Start and the National Institutes of Health. “It’s a disaster. A disaster if we continue with the yearlong sequester and continuing resolution,” said Sen. Tom Harkin, D-Iowa, who chairs the appropriations subcommittee with jurisdiction over the Labor-H bill, on the Senate floor during the shutdown. Failing a full-year HHS budget, Democrats should insist on restoring HHS funding to its pre-sequestration levels. Put another way, they...
  • Obama blasts sequester during remarks at FBI - "politics in this town" - "I'll keep fighting..."

    10/28/2013 10:28:26 AM PDT · by Cincinatus' Wife · 11 replies
    The Hill ^ | October 28, 2013 | Justin Sink
    President Obama told FBI agents on Monday that he would fight to reverse sequester cuts that have trimmed the agency's budget, declaring that the "least we can do" for those who put their lives on the line was make sure "operations are not disrupted because of the politics in this town." "I'll keep fighting for those resources because our country asks and expects a lot from you, and we should make sure you've got the resources you need to do the job, especially when many of your colleagues put their lives on the line on a daily basis, all to...
  • House Republicans at odds over revenue issue in budget talks

    10/26/2013 12:32:52 AM PDT · by Cincinatus' Wife · 8 replies
    The Hill ^ | October 25, 2013 | Bernie Becker
    Republican harmony over new budget talks is already starting to break down, days before a negotiating committee is scheduled to meet for the first time. The split for the GOP is over whether they should put revenue increases on the table – a no-go for many in the Republican rank-and-file – as they shoot for their longtime goal of restraining entitlement spending. Rep. Tom Cole (R-Okla.), one of four House GOP conferees, said multiple times this week he could back new revenues if it helped to get a deal, most recently in an interview with Bloomberg Television. “The reality is,...
  • Harry Reid: ‘Everybody, including rich people, willing to pay more’ taxes

    10/25/2013 5:28:14 PM PDT · by 2ndDivisionVet · 34 replies
    BizPac Review ^ | October 25, 2013 | Tom Tillison
    Saying there will be no grand bargain in the House-Senate budget conference involving spending cuts to entitlement programs, Senate Majority Leader Harry Reid claimed everyone is “willing to pay more” in taxes. When asked by a Nevada Public Radio host what Republicans would have to concede to get Medicare and Social Security cuts on the table, Reid made it clear he is more interested in getting rid of the only cuts to actual spending seen thus far — sequestration, as reported by Roll Call. “On sequestration, we’ve done one year of sequestration. It has been brutal,” Reid said. “The only...
  • Should You Know Who You're Subsidizing?

    10/25/2013 4:11:22 PM PDT · by Kaslin · 3 replies
    Rush Limbaugh.com ^ | October 25, 2013 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: According to the Heritage Foundation, the regime's caught in a new Obamacare dilemma. "Remember sequestration? Those automatic budget cuts that went into effect when Congress failed to do real budgeting a couple of years ago?" Well, guess what? Sequestration is running into Obamacare now. "Both laws have been around for awhile, but the Obama Administration hasn’t done anything to prepare for their collision," which is beginning to happen. "The cuts are hitting a set of subsidies that were supposed to help pay deductibles and co-pays for lower-income Americans with Obamacare coverage." Did you know that? Yes! The...
  • Administration Caught in New Obamacare Dilemma (Husseincare meets Hussein's sequester)

    10/25/2013 5:07:08 PM PDT · by Libloather · 5 replies
    Heritage ^ | 10/25/13 | Amy Payne
    Remember sequestration? Those automatic budget cuts that went into effect when Congress failed to do real budgeting a couple of years ago? It’s hitting Obamacare now. Both laws have been around for awhile, but the Obama Administration hasn’t done anything to prepare for their collision. The cuts are hitting a set of subsidies that were supposed to help pay deductibles and co-pays for lower-income Americans with Obamacare coverage. An Obama official pledged there would be a plan before the Obamacare exchanges opened on October 1, but that didn’t happen.
  • In Shutdown Fight, the Dog That Didn't Bark: Taxes

    10/25/2013 6:10:46 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | October 25, 2013 | Michael Barone
    Sherlock Holmes famously solved a mystery by noticing the dog that did not bark. In the recent government shutdown/debt ceiling fight, there was a five-letter dog that didn't bark: T-A-X-E-S. Democrats insisted they wouldn't negotiate until they negotiated, and they insisted that a government shutdown was unprecedented although it was the 17th such shutdown since people started counting under the current budget rules in the late 1970s. But if you read their lips, the two words that were never enunciated, even silently, were "new taxes." This is something new. For more than 30 years, income tax rates have been...
  • Arthur Laffer: cuts succeeded where stimulus failed - Austerity Works

    10/25/2013 3:02:03 AM PDT · by Cincinatus' Wife · 10 replies
    The Spectator UK ^ | October 26, 2013 | Arthur Laffer
    America has shown that stimulus is pointless — how can a poor person spend himself to prosperity? All the drama coming out of Washington in the last few weeks has obscured some seriously good news: federal government spending is falling. And not at a trickle: think the White Cliffs of Dover. Not since the economic boom following 1945 have Americans seen such a rapid decline in the government’s claim on the nation’s resources — falling by a welcome $94 billion over two years. You need to go back to the end of the Korean war to find a time when...
  • The Next Budget Battle (show conservative stripes and win)

    10/23/2013 5:11:49 AM PDT · by Cincinatus' Wife · 17 replies
    National Review ^ | October 23, 2013 | Michael Tanner
    The fight over the government shutdown may have come to an ignominious end, but the reprieve from Washington budgetary politics will be short-lived. The latest continuing resolution will expire on January 15, while we will hit our debt ceiling again on February 7. In the meantime, a budget conference committee, headed by Representative Paul Ryan (R., Wis.) and Senator Patty Murray (D., Wash.), is supposed to reach an agreement by December 13. While the shutdown fight was so traumatic that many Republicans may prefer that the budget debate simply go away, these negotiations are as crucial as ever. Yes, a...
  • Is The Shutdown Actually A Republican Victory? Op-Ed Suggests Radically Alternative Narrative

    10/18/2013 6:56:45 AM PDT · by cotton1706 · 25 replies
    inquisitr.com ^ | 10/15/13
    The Republicans are desperately losing the government shutdown battle and they’re embarrassing themselves by continuing to fight. It begs many questions, but most importantly, why does the GOP continue to fight a battle with no clear goal at the expense of not just their party, but the fate of then entire U.S. government? Maybe it’s because they’re actually winning. Though the media has largely painted the GOP as the reckless, kamikaze caucus, Peter Beinart argues in a column for The Daily Beast that Republicans are not only in perfect control of the government shutdown fight, but that they’ll win in...
  • Sequester Cuts Going Nowhere. Obama Will Abandon Democrats

    10/17/2013 7:32:46 AM PDT · by Laissez-faire capitalist · 4 replies
    10/17/2013 | Laissez-Faire Capitalist
    The sequester cuts are going nowhere. A "blue ribbon" committee was set up in the budget/debt ceiling deal to look at the sequester cuts. Yet another "blue ribbon" committee - like the joke of a committee, the Super Committee. Obama said on February 19, 2013 that he would VETO any attempts to change the sequester cuts. So, he himself would have to take the lead on getting rid of the sequester cuts. And he can't blame the cuts on Congress again, either. Woodward showed in a fantastically accurate Washington Post article that Obama and Lew were the architects of the...
  • Defense industry sounds the alarm on sequester (GOP abandons the military)

    10/17/2013 7:20:43 AM PDT · by SkyPilot · 25 replies
    Politico ^ | 17 Oct 13 | AUSTIN WRIGHT
    The heads of the world’s largest defense companies are working to reclaim their clout in Congress after failing to push lawmakers to tackle sequestration as part of an agreement to end the latest standoff. The announcement of the deal to reopen the government and raise the nation’s debt ceiling made clear just how far the industry has fallen in its influence on Capitol Hill. Addressing the Senate on Wednesday, Minority Leader Mitch McConnell (R-Ky.) touted the accord as a victory for conservatives precisely because it continues sequestration, the automatic spending cuts that have hit the Pentagon and the sprawling defense...
  • What is the status of the sequester?

    10/16/2013 12:12:54 PM PDT · by central_va · 14 replies
    10/15/13 | self
    I know the RINOS caved on debt limit and defunding Bastardcare™. But did we lose the sequester too? Anyone know?
  • House to move its own debt plan

    10/15/2013 7:34:57 AM PDT · by Cincinatus' Wife · 32 replies
    The Hill ^ | October 15, 2013 | Russell Berman
    House Republicans will vote Tuesday on a more conservative version of the Senate fiscal deal that would include a delay of Obamacare's medical device tax and scrapping of subsidies for members of Congress and top Cabinet officials, lawmakers and aides said. The bill would modify an emerging Senate plan crafted by Majority Leader Harry Reid (D-Nev.) and GOP Leader Mitch McConnell (Ky.), but retain that deal's extension of the debt ceiling through Feb. 7. It would also keep the Senate measure's plan of funding the government through Jan. 15 and immediately end the shutdown. That's a shift from last weekend,...
  • I Barely Care Enough To Write This

    10/14/2013 10:36:15 AM PDT · by Shout Bits · 21 replies
    Shout Bits Blog ^ | 10/14/13 | Shout Bits
    So, a small part of the Federal Government is shut down, for how long I really do not care. Most of the EPA is shut down, so that is nice. Some parks I rarely visit are closed, but the ones I do visit normally close after Labor Day, so I would like to care, but I don't. Maybe the Obama Administration will close the ski slopes I use (they lease their land from the Forest Service), but nothing so drastic yet. Things are about the same, really, so the motivation to write a Shout Bits article is slight at best....
  • Report: Reid offers McConnell deal that wo

    10/14/2013 10:13:14 AM PDT · by Ernest_at_the_Beach · 33 replies
    Hot Air ^ | posted at 12:51 pm on October 14, 2013 | by Allahpundit
    The terms: Government re-opens and is funded until mid-December, debt ceiling is raised for another six to nine months, and Democrats maybe agree to repeal ObamaCare’s medical-device tax and reinstate anti-fraud measures for O-Care applicants — depending upon what Republicans give them in return.Peace in our time? The proposal would set up a framework for larger budget negotiations with the House over the automatic sequestration spending cuts and and other major deficit issues, the sources said…McConnell is still reviewing the offer and is privately huddling with groups of GOP senators Monday who could be key to providing enough votes in...
  • Senate Democrats Press New Front in Budget Battle

    10/13/2013 5:34:58 PM PDT · by Innovative · 18 replies
    Wall Street Journal ^ | Oct 13, 2013 | Janet Hook
    Senate leaders attempting to avoid a U.S. debt default remained at loggerheads Sunday and escalated the standoff by reopening the contentious issue of automatic spending cuts... Many Republicans, including Senate Minority Leader Mitch McConnell (R., Ky.), oppose retreating from those cuts. That set up a clash that seemed almost as intense as the one that caused budget talks between House Republicans and President Barack Obama to collapse Friday. Senate Democrats have been strengthened by the sidelining, at least for now, of House conservatives, who dropped nearly all their major policy demands only to see Mr. Obama reject their proposal for...
  • GOP standing firm on sequester

    10/13/2013 12:19:27 PM PDT · by Cincinatus' Wife · 22 replies
    The Hill ^ | October 13, 2013 | Brendan Sasso
    Rolling back the automatic budget cuts known as the "sequester" has emerged as a critical sticking point in the negotiations to reopen the government and avoid default. Democrats don't want to lock in 2014 government funding at the reduced level required by the sequester, but Republicans refuse to increase spending and say Democrats are overplaying their hand. “The dispute has been how to undo the sequester,” Sen. Chuck Schumer (D-N.Y.) said on "Face the Nation" on CBS on Sunday, explaining that Democrats want a mix of entitlement reforms and revenue increases. But Republican lawmakers on the Sunday talk shows vowed...