127 results for search: Lew


Treasury Secretary Jack Lew, Two Pinocchios and Climbing

Here at Tea Party Patriots, correcting the media and politicians on dishonest or misleading claims is more than a full-time job. Recently, Treasury Secretary Jack Lew made such a remark. Fortunately, The Washington Post’s The Fact Checker did most of the work for us. First, Lew’s claim: “Because of the policies that we’ve put in place, our deficit has fallen faster than at any point since the demobilization after World War II,  and should continue to decline relative to GDP [gross domestic product] over the 10-year budget forecast.” Glenn Kessler, who runs The Fact Checker blog, points out the following: …Lew attributing the decline ...

Another case against Jacob Lew

Last Thursday, Tea Party Patriots outlined concerns regarding President Obama’s nomination of White House Chief of Staff Jacob Lew for Secretary of the Treasury. As we explained, Lew has spent most of his career in government or on Wall Street, and has shown a complete lack of regard for the fiscal straits of America. This morning, Timothy Carney of The Washington Examiner looked into Lew’s career a little more deeply: Jack Lew, President Obama's nominee for treasury secretary, is a revolving-door K Streeter and Wall Streeter who pocketed a near-million-dollar bonus from Citibank three months after taxpayers bailed out the failed financial ...

Jacob Lew nominated as Treasury Secretary

Via Bloomberg, the bad news: [Jacob] Lew, 57, who also has served as director of the Office of Management and Budget, has been offered the Treasury post by Obama, according to the person, who asked for anonymity to discuss personnel matters. Geithner, 51, the only remaining member of Obama’s original economic team, has told White House officials he doesn’t want to serve in a second term and intends to leave the job by the end of the month. The position of Treasury Secretary is a powerful one. Unfortunately, its recent occupiers have been creatures of  (former Goldman Sachs CEO Henry Paulson) as well as  (current Treasury Secretary Timothy ...

News Briefing for Wednesday, March 25

HEALTHCARE: How many will have to pay back Obamacare subsidies? “More Americans will owe the government money for their Obamacare subsidy than won't, says a new analysis. A big upcoming Tax Day question is how many Americans with government-subsidized health insurance will find that they collected more in subsidies than they're qualified for and have to pay some of it back — and how many will find themselves in the opposite position, with the government owing them money. The Kaiser Family Foundation estimates that half of all subsidy-eligible households will be in the first boat, owing the government an average payment of $794. That situat...

News Briefing for March 21

TEA PARTY PATRIOTS: Early line: 3-man race for 2016 GOP nomination “Much of who’s ahead and who’s not at this stage “is based on who’s known and who’s not known,” said Fergus Cullen, another former New Hampshire Republican chairman. Cullen hosted a reception at his home for Bush last week. What’s lacking in the top tier is a hardcore conservative or tea party favorite. Tea party loyalists are sympathetic to Walker, for example, but still have some doubts. At a Tea Party Patriots telephone town hall meeting this week, some questioned whether he has shifted his position on government help for ethanol over the years. Mike Huckabee, ...

News Briefing for Thursday, March 19

HEALTHCARE: GOP aims to sink Obamacare with reconciliation But first they have to strike a difficult deal on an overall budget “Senate Republicans want to use a powerful budget maneuver known as reconciliation to go after President Barack Obama’s health care law — particularly if the Supreme Court strikes down key provisions of Obamacare this June. Using the fast-tracking procedure offers some advantage for Republicans, largely because a reconciliation package can’t be filibustered. But it’s not going to be easy. First, House and Senate Republicans need to agree on a budget resolution, which could be difficult with fiscal conserva...

News Briefing for Wednesday, March 18

TEA PARTY PATRIOTS: Scott Walker: I Will Run as a Conservative “…Later in his town hall remarks, Walker criticized the Obama administration's handling of foreign policy challenges posed by the Islamic State and expressed concern about the administration's handling of the Iranian nuclear threat. Walker also responded to a question from Tea Party Patriots President Jenny Beth Martin over his position on ethanol. Her question noted that while Walker had opposed a Wisconsin effort to mandate its use in midgrade gasoline, he recently said in Iowa that he would "go forward on continuing the [federal] Renewable Fuel Standard." Walker responded that ...

News Briefing for Tuesday, March 17

TEA PARTY PATRIOTS: Scott Walker Joins Tea Party Patriots for a ‘Tele-Town Hall’ Tonight “Wisconsin Gov. Scott Walker join will joining Tea Party Patriots “for a national tele-town hall meeting tonight.” “Over the last four years, all Scott Walker does is win,” TPP President Jenny Beth Martin said. “Any Republican who can win three elections in four years – in a blue state – will be a force in 2016, and we look forward to hearing his conservative vision for a post-Obama America.” According to TPP, “The call will run from 8-9 p.m. EDT Monday, March 16. Anyone may take part by clicking here.“ http://www.nationalrevie...

News Briefing for Monday, March 16

HEALTHCARE: Nearly 200K Coloradans face Obamacare cancellations by 2016 “Nearly 200,000 insured Coloradans will lose their health-care plans next year under the state’s embattled Obamacare exchange, Connect for Health Colorado. State insurance commissioner Marguerite Salazar touched off an outcry Friday by confirming to news outlets that health-care policies covering 190,000 people will be dropped in 2016 because they fail to comply with the Affordable Care Act. Colorado Senate Majority Leader Bill Cadman called the action “a huge blow to another 190,000 Coloradans who will be forced out of their existing healthcare plans.” A year ago, ...

News Briefing for March 14

HEALTHCARE: Obamacare special enrollment for penalty payers a one-time deal, admin says “The Obama administration said Friday the special enrollment period that kicks off this weekend for uninsured Americans who missed Obamacare’s signup deadline and face a tax penalty will be a one-time deal, as the nation confronts the confluence of health care and tax season for the first time. Customers in 37 states can select a health plan on the federal HealthCare.gov exchange between Sunday and April 30 if they meet three conditions — they’re paying the “individual mandate” tax for lacking insurance in 2014, they learned about the penalty ...