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July 29, 2011 WASHINGTON, D.C. – Congressman Bob Gibbs released the following statement after the passage of The Budget Control Act of 2011, which cuts $917 billion in spending over 10 years while ensuring that the United States has the necessary funds to pay its bills: Continue reading Keeping America from default and preserving the credit rating Medina County Friends And Neighbors (7/24/2011)
When you open it look at table 9, page 34 under (Receipts, Total). It shows that the amount of money that came into the federal government during the month (people are still working and paying taxes) was approximately $250 Billion. It also shows that the amount of interest to be paid on our national debt was approximately 24 billion ( table 9, page 34 under (Net Outlays, Net Intrest)). That is all that has to be paid to prevent the federal government from going into default. No need to shut down the government.
The simplest way to view the debt ceiling debate in Washington is as a struggle over the kind of government we want. If you want a government that runs everything from the student loan business to car companies, then taxes will have to go up. If you think government is too big already and should start to pull back, then Washington has to change its ways — fast. This is the message I have brought to the White Housefor more than two years in an effort to persuade President Obama to rein in a government that has lost all sense of limits. This is also why, when those discussions failed to bear fruit, I had hoped an approaching limit to the president’s borrowing power would cause him to think again. Unfortunately, it was wishful thinking. As it turned out, the president is simply too committed to big government Continue reading McConnell: If Obama stiff-arms us, we’ll go to the people
WASHINGTON (AP) – The historic $38 billion in budget cuts resulting from at-times hostile bargaining between Congress and the Obama White House were accomplished in large part by pruning money left over from previous years, using accounting sleight of hand and going after programs President Barack Obama had targeted anyway. Such moves permitted Obama to save favorite programs – Pell grants for poor college students, health research and “Race to the Top” aid for public schools, among others – from Republican knives, according to new details of the legislation released Tuesday morning. And big holes in foreign aid and Environmental Protection Agency accounts were patched in large part. Republicans also gave up politically treacherous cuts to the Agriculture Department’s food inspection program. Continue reading Budget tricks helped Obama save programs from cuts Yes, we need more hope and change…but not in this direction.  Members of the Ohio House Republican Caucus today held a press conference to discuss revised motor carrier safety regulations that are enforced by the Public Utilities Commission of Ohio (PUCO), as well as legislation to alleviate the financial strain that these regulations have caused small businesses.
At the press conference, Assistant House Majority Whip Cheryl Grossman (R-Grove City) and State Representative Terry Boose (R-Norwalk) announced jointly sponsored legislation that would address the newly implemented PUCO rules that, when enforced, will impose additional strains on Ohio’s small businesses. “As lawmakers, we have a responsibility to the people of Ohio to ensure that the government is not hindering job creation or economic development,” said Grossman. “I’ve had numerous conversations with business owners within the 23rd District who say that the new regulations are hindering their businesses’ expansion and success. This is an issue that must be addressed immediately.” Continue reading House GOP Works to Alleviate PUCO Mandates on Small Businesses
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Obama Creates White House Rural Council
www.judicialwatch.org/blog
In his never-ending expansion of government, President Barack Obama has created the first-ever White House Rural Council to promote economic prosperity and qualify of life for the poor.
Created by executive order on June 9, 2011, the new council will help low-income residents in rural communities access public funds for “economic growth” and will “promote innovation” and improve access to health care and education.
Continue reading Obama Creates White House Rural Council