137 results for tag: Budget


President Obama isn’t Socialist Enough

Since its inception, Tea Party Patriots has worked hard to be an organization people of all political stripes can be part of. We focus on principles, letting actions of others guide how we react, not arbitrary and often inaccurate titles and name-calling. However, today, we officially declare that President Obama isn’t socialist enough: French government spending will fall next year for the first time since 1958, Prime Minister Jean-Marc Ayrault said Tuesday, as the country begins shifting the austerity effort away from tax hikes. "Every year since 1958, since the beginning of the Fifth Republic, state spending has increased," Ayrault said. ...

Uniforms, Morale and Big Business

In May, Tea Party Patriots reported on how uniform envy in the military has cost taxpayers millions of dollars. With the backlash caused by the Government Accountability Office report that brought this waste to light, it’s no surprise that both the Senate and House Armed Services Committees will be trying to reduce those costs after the fact. According to Roll Call, the issue is causing quite a bit of heartache up on Capitol Hill and within many of the military’s brass. Consolidating the number of uniforms, which would affect almost all of the 2.2 million men and women in the active and part-time armed forces, could save up to a quarter of a ...

Sen. Coburn: “Beauty bailouts for Senators charged to taxpayers”

In looking at the federal budget, neither party is all that serious about reducing or eliminating deficits. Republicans tend to avoid looking at the Pentagon for savings, and Democrats almost entirely refuse to examine social spending. A fiscal crises is the only possible result of these attitudes. In light of this bipartisan failure to prioritize the country over politics, Senator Tom Coburn (R-OK) has decided to highlight taxpayer-provided perks for those in the halls of Congress. From a letter sent to Congressional leaders of both chambers, some examples of ridiculous waste: The U.S. Botanical Gardens received $12 million in funding, some of ...

Senate Hiding Corporate Slush Fund Behind Food Stamps

Every five years, the so-called “farm bill” pushes its way through Congress. With 80% of its funding intended for the Supplemental Nutrition Assistance Program (SNAP), aka “food stamps,” and most of the rest subsidies for various special interests, it is one of the most egregious examples of wasteful spending in the federal budget. Yet 75 Senators supported the Senate’s current version of the bill in today’s cloture vote, effectively ending debate: The Senate voted 75-22 on Thursday to end debate on a five-year farm bill, clearing way for passage of the legislation next week. The bill would cut $24 billion from farm spending over 10 ...

Walking Backwards with Senator Whitehouse

Ever since the start of the Great Recession, liberals have claimed austerity is either happening or on the rise. On Tuesday, the Senate Budget Committee held a hearing on the alleged negative effects of austerity in Europe. The hearing would have been useful for the viewing public, had Senator Sheldon Whitehouse (D-RI) not launched into a completely dishonest seven-minute rant against one of the witnesses, Salim Furth of The Heritage Foundation. The Senator’s lecture can be seen in its entirety at the link above, but here are the basics from a Budget Committee aide: Furth used OECD data to show there has been little austerity in Europe ...

America’s TARP’s bill: More than just cash

In May, the Congressional Budget Office (CBO) projected the total financial cost of TARP to be $21 billion in the long run. While proponents of TARP may cheer this –the program will spend over $400 billion before it’s over – the long-term consequences of TARP cost far more. First, from the report: To fulfill its statutory requirement, CBO has prepared this report on the TARP’s transactions that had been completed, were outstanding, and were anticipated as of April 17, 2013. By CBO’s estimate, $428 billion of the initially authorized $700 billion will be disbursed through the TARP, including $419 billion that has already been disbursed ...

Shocking. GAO: Military propaganda a waste of money

A year ago, the Government Accountability Office (GAO) began examining the Pentagon’s “military information support systems,” AKA the U.S. military’s overseas propaganda efforts. Last week, the results came out – and they weren’t pretty: Pentagon propaganda programs are inadequately tracked, their impact is unclear, and the military doesn't know if it is targeting the right foreign audiences, according to a government report obtained by USA TODAY. Since 2005, the Pentagon has spent hundreds of millions of dollars on Military Information Support Operations (MISO). These propaganda efforts include websites, leaflets and broadcasts intended ...

Obama Administration Recycling Sequestration Boogeyman

It’s happening again – the White House is using sequestration to discomfit the American people, not conduct real prioritization of overspending. First, the lesser of the two offenses: President Obama’s Administration is thinking about cancelling the July 4th fireworks on the National Mall. Like the cancellation of the public White House tours, it’s largely a move designed to annoy the public and bring pressure against Congress to overturn sequestration. No real harm – fireworks are hardly worth deficit spending Worse, though, is this: Furlough letters are going out to civilian employees who care for the nation's wounded warriors at ...

Capitol Capitulation: GOP lays down on Debt Ceiling

It has long been the policy of Tea Party Patriots, at the advice and consent of Local Coordinators and State Coordinators across the nation, to oppose any and all debt ceiling increases. However, many of our allies and supposed allies in Congress may already be folding on the issue, months ahead of reaching the next debt ceiling: At a two-hour listening session Wednesday afternoon in the basement of the Capitol, rank-and-file lawmakers offered suggestions for handling an event that, in 2011, blew their approval ratings to smithereens. The good news: This time around, most GOP lawmakers agree that they probably should not block a debt-limit increase, ...

Head-in-sand Syndrome: Media voices say deficit is not a problem

Since the Congressional Budget Office (CBO) released its latest projections on the national debt this past Tuesday, a chorus of voices has claimed our short-term and/or medium-term deficit problems are largely solved. Unfortunately, these voices are relying on unrealistic assumptions in the CBO’s report. Whenever the CBO releases its budget projections, it includes a “baseline,” or “current law,” scenario. Current law assumes what is on the books will stay on the books. However, since this rarely happens, CBO created a “current policy,” or “alternative fiscal,” scenario, in which certain deficit reduction measures do not go into ...