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Topic: Obama’s second-term agenda will be shadowed by budget woes |
Obama’s second-term agenda will be shadowed by budget woes
Washington Post, by Peter Wallsten and David Nakamura
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Original Article
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Posted By:Dreadnought, 12/8/2012 11:03:28 PM
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| Even if President Obama succeeds in getting Republicans to agree to tax hikes on the wealthy as part of a “fiscal cliff” deal, the country’s grim budget realities will still cast a long shadow — limiting his ambitions as he begins plotting a second-term agenda. Any agreement is likely to result in less than the $1.6 trillion in new taxes over the next decade that Obama requested in his initial offer to House Republicans, and White House aides are signaling to allies that any new money from taxes would be used almost entirely for deficit reduction
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Reply 1 - Posted by:
provide, 12/8/2012 11:07:01 PM (No. 9055947)
What budget?
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Reply 2 - Posted by:
IowaDad, 12/8/2012 11:26:15 PM (No. 9055956)
His "agenda" is totally irrelevant. His second term will destroy Western Civilization. So much for his "woes"
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Reply 3 - Posted by:
veritas, 12/8/2012 11:56:05 PM (No. 9055962)
I guess the fact that "tax hikes on the wealthy" will hurt them, but do basically nothing to help the country, escaped notice.
FTA: the country’s grim budget realities....
a. They´re not "grim budget realities;" they´re "reckless spending realities." b. They´re not "the country´s"; yeah, we´ll be the ones who suffer plenty, but the mess is Obama´s.
FTA: any new spending programs will, by necessity, be small and narrow in scope....
WaPo says this like Stinky´s not borrowing 46 cents of each dollar spent already. Why wouldn´t he borrow 50 cents? 60 cents? Or more so he could spend, if he so chose?
FTA: Allies expect Obama to [make]... an aggressive push to legalize millions of illegal immigrants....
So what if we already have "a path"? So what if illegals bankrupt hospitals? So what if they stuff our prisons? So what if they´re responsible for all kinds of [uninsured] drunk-driving mayhem and violent crime? Lock in votes and lock in power!
FTA: weakening the tea party movement’s two-year stranglehold on Republican leaders....
Not funny, WaPo. Not funny.
And so the articles goes.
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Reply 4 - Posted by:
Mr. Hanky, 12/9/2012 2:08:58 AM (No. 9056003)
What is $1.6 trillion anyway? What Obama and the dyna have spent in the last 12 months? They are not serious at all. Screw them.
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Reply 5 - Posted by:
Trigger2, 12/9/2012 3:51:29 AM (No. 9056035)
The House should demand zero-based budgeting and make each and every useless Goobermint agency justify each and every dollar they want.
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Reply 6 - Posted by:
Spidey, 12/9/2012 6:40:13 AM (No. 9056093)
IfMcCain had got elected in 2008,we would have had a short term recession we would have been out of by now.Most of thelay offs were in response to Obama simplygetting elected.Employers wouldn´t be facing the ungodly expense of Obamacare looming.
Everybody´s talking about spending driving the deficit and rightly so but it´s Obama job killing policies which have created the explosion in safety net programs.More people have fallen ito poverty and the demand for holiday needs such as food and toys are exploding despite Obama claiming all sectors of the economy are dong fine.
Not only that but criminals are becoming bolder and stooping to lower levels. Boy Scouts being robbed on top of batches of collected toys being stolen. Quadriplegics having their IPhones stolen. Churches being robbed.Lot of Black Friday shoppers were actually black Friday shoplifters.
Theoretically,every time someone in the private sector loses their job the deficit goes up because of their lost revenues.One person´s is infinitesimal compared to the total but 10-15 million jobs Obama has killed adds up to real money. Replacing them with government workers only doubles the debacle.
Obamaa and people like Krugman are stuck on this theory that hiring scores of government workers puts a demand on the private sector.This theory has failed abysmally in Europe but they think it´ll work here.The racked up interest on the debt obliterates any benefit a government worker provides.
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Reply 7 - Posted by:
nonsense, 12/9/2012 2:15:43 PM (No. 9056647)
All the Demonrat congresscritters use code for tax and spend. Nearly a century long tradition of spending and then taxing to keep spending. Too bad they have the 47% fooled, because the makers know just what the takers and Demonrats want...more and more and more of your private property (which means your money).
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Steve wrote this morning about a hearing being held this week by the Senate Permanent Subcommittee on Investigations, in which Apple’s CEO, Tim Cook, will testify tomorrow. The subcommittee apparently is trying to highlight supposed tax avoidance on the part of American companies, as the Associated Press reports: Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world’s most valuable company is holding overseas some $102 billion of its $145 billion in cash, and an Irish
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Posted By: Dreadnought- 5/20/2013 9:54:52 PM
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Gunmaker Smith & Wesson tops the list of best businesses in bright blue Massachusetts — after not making the list at all last year — a new report in the Boston Globe found. The 161-year-old company, based in a state with some of the stricter gun control laws in the nation, tried to diversify its holdings by acquiring a security company in recent years, only to do an “about-face” by focusing on its product line, the newspaper said in its explanation of the Springfield firm’s top spot. “We went back to what we do best, which is handguns,”
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Journalists, First Amendment watchdogs and government transparency advocates reacted with outrage Monday to the revelation that the Justice Department had investigated the newsgathering activities of a Fox News reporter as a potential crime in a probe of classified leaks. Critics said the government’s suggestion that James Rosen, Fox News’s chief Washington correspondent, was a “co-conspirator” for soliciting classified information threatened to criminalize press freedoms protected by the First Amendment. Others also suggested that the Justice Department’s claim in pursuing an alleged leak
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Perhaps no other IRS official is more intimately associated with the tax agency´s growing scandal than Lois Lerner, director of the IRS’s Exempt Organizations Division. Since admitting the IRS harassed hundreds of conservative and Tea Party groups for over two years, Lerner has been criticized for a number of untruths—including the revelation that she apparently lied about planting a question at an American Bar Association conference where she first publicly acknowledged IRS misconduct. Still, Lerner has her defenders in the government and the media. Shortly after the scandal broke, The Daily Beast published an article headlined "IRS Scandal’s Central
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Posted By: Dreadnought- 5/20/2013 9:24:12 PM
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The Obama administration has no business rummaging through journalists’ phone records, perusing their e-mails and tracking their movements in an attempt to keep them from gathering news. This heavy-handed business isn’t chilling, it’s just plain cold. It also may well be unconstitutional. In my reading, the First Amendment prohibition against “abridging the freedom .?.?. of the press” should rule out secretly obtaining two months’ worth of the personal and professional phone records of Associated Press reporters and editors, including calls to and from the main AP phone number at the House press gallery in the Capitol
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DES MOINES, Iowa — Is the tea party getting its groove back? Shouts of vindication from around the country suggest the movement´s leaders certainly think so. They say the IRS acknowledgement that it had targeted their groups for extra scrutiny — a claim that tea party activists had made for years — is helping pump new energy into the coalition. And they are trying to use that development, along with the ongoing controversy over the Benghazi, Libya, terrorist attacks and the Justice Department´s secret seizure of journalists´ phone records, to recruit new activists incensed about government overreach.
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