Patriot Update

Tag Archives: 2012 budget

• Post: GOP Uses Flyswatter to Defend Against Incoming Debt Missile

  Even with only  modest cuts in the continuing resolution bill offered by the GOP-controlled House of Representatives, it is highly unlikely to see the light of day when the Senate returns from recess, just before the March … Continue reading →

  

• Article: Reckless Spending

  Nothing more clearly illustrates the utter irresponsibility of Barack Obama than his advocacy of “high-speed rail.” The man is not stupid. He knows how to use words that will sound wonderful to people who do not … Continue reading →

  

• Article: Budget or Card Trick?

  Welcome to three-card monte. That’s all that the Obama administration’s economic program amounts to — a sleazy con man’s card trick. The president didn’t even bother to pay any attention to the recommendations of his deficit … Continue reading →

  

• Post: DEBT NOW EQUALS ENTIRE ECONOMY

  President Obama‘s budget, released Monday, was conceived as a blueprint for future spending, but it also paints the bleakest picture yet of the current fiscal year, which is on track for a record federal deficit and … Continue reading →

  

• Post: White House Expects Deficit to Spike to $1.65 Trillion

  The White House projected Monday that the federal deficit would spike to $1.65 trillion in the current fiscal year, the largest dollar amount ever, adding pressure on Democrats and Republicans to tackle growing levels of debt. … Continue reading →

  

• Post: Republicans, White House Brace for Twin Budget Battles

  Republicans looking to make deep spending cuts are girding for twin budget battles in Washington starting this week — a fiscal fight one lawmaker said will define the rest of President Obama’s term. The president plans … Continue reading →