Posts Tagged ‘budget’
Out-of-control spending off Democrats’ radar
Despite a national debt that keeps soaring, Democratic presidential contenders are proposing plans that would increase our national debt instead of shrinking it. Fox Business reports: Almost a decade after out-of-control spending and borrowing fueled the Tea Party revolution in a historic midterm election, no major presidential candidates from either party seem interested in the…
Read MoreLawmakers Carelessly Fatten Up Pork Barrel Projects
Balancing the government budget is a tough issue. How are lawmakers handling it? By coming up with unnecessary projects to increase more spending, of course. The Hill has the details: When you tally up all 435 representatives, 100 senators, and the needs of 50 states, the spending grows so large that ridiculous projects can be…
Read MoreWill Republicans Fight For Their Voters? Or Will They Cave?
By Jenny Beth Martin There is a conservative majority that voted to put Republicans in power. When the act of voting is divorced from the conduct of governing, voters begin to ask, what is the point of voting? These conservative voters gave Republicans control of a unified government – at least in name…but the policies…
Read MoreTea Party Patriots Weekly Report from Washington for 8/28/17
CALENDAR: The House and Senate have both left for their August recess, and will not return until Tuesday, September 5. DEBT CEILING: Treasury Secretary Steven Mnuchin has advised Congress that he will reach the limit of his ability to use what he calls “extraordinary measures” – what regular people call “smoke and mirrors” – to…
Read MoreFreedom Caucus chairman wants the corporate tax rate to drop down to teens
House Freedom Caucus Chairman Mark Meadows (R-N.C.) wants Congress to pass legislation that would drop the corporate tax rate from the current 35 percent down to the teens. The Hill has the scoop: “I don’t want to nibble around the edges,” Meadows said Wednesday at an event hosted by Americans for Prosperity (AFP), a group…
Read MoreCBO estimates budget deficit will decline 4.6 percent compared to last year
The 2017 U.S. budget deficit – if it remains unchanged through Sept. 30 – will decrease compared to the 2016 budget deficit, according to a recent Associated Press report. CNBC has the details: The Congressional Budget Office has projected that the deficit for the full budget year, which ends on Sept. 30, will decline 4.6…
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