President Obama said Saturday that he´s willing to compromise with Republicans on taxes and spending cuts in coming months, but will not budge on honoring America´s obligations as the national debt this week topped $16.4 trillion – the congressionally set "debt ceiling." "I will not compromise over ... whether or not Congress should pay the tab for a bill they’ve already racked up," Mr. Obama said in his taped weekly address, his first of the new year. "If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire
Comments: As usual the media is most interested in Obama ´winning the fight´, not the stability of the country´s finances.
There´s plenty of money to "pay the tab for a bill they’ve already racked up". There´s just not any money to rack up new bills. So, tell those federal workers to take some time off without pay. Also, deny all new applications for food stamps, unemployment, etc. These are not previous obligations.
The gall of this lying oaf is simply unbelievable. First he talks congress into spending trillions on various vote-buying boondoggles, now it´s they who racked up the bills. If republicans cave on this decision, all is truly lost. When you give an addicted spendaholic a no-limit credit card, disaster is unavoidable.
Boehner is talking tough. He better follow through with it. He is becoming a joke for caving in to Obama. He has the upper hand this time so if he cries and caves again he is done. Boehner you wanted to be the leader so LEAD.
Boehner and the House Republicans passed 2 budgets detailing the cuts they would make in spending. It went nowhere because Republicans..don´t..control..the process. Obama and the Senate Democrats have the power to ignore anything Boehner and the Republicans pass. Demanding that Boehner " lead " ignores math and the Constitution. The Tea Party Senate candidates of O´Donnell, Akin, Angle, Buck, Mourdock, Raese, Rehberg and Berg cost us the Senate in 2010 and 2012. Boehener´s options and McConnell´s would be entirely different if Democrats did not have a 10 seat advantage in the Senate and the Presidency. The far right and talk radio demand that Boehner " lead." Apparently that means making unrealistic demands that will never happen legislatively . Limbaugh and Levin promote some type of Congressional fantasy land where all Republicans have to do is stick to their " principles " and voila !-wonderful legislation happens. Do they really think Obama and Reid and Schumer and Leahy and Boxer et. al and the rest of the 53 Democrats and 2 Indys will suddenly agree with conservative ideas ???
EVERY Republican should be briefed and learn the mantra..If you have maxxed out your credit card, can you go to the bank and demand that they raise the spending limit? Well, neither can the government. It has to stop, and stop now. Take 2% off Foo Stamps and the Obama pho for starters..call it a tax.
I have no doubt whatsoever that the Republican "leaders" will concede the debt limit - they are already a joke, they will prove it once and for all. My preference would be to shut down the government - it has no money to spend anyway. It may take weeks without freebies for the truth to seep into the low intelligence mush minds. If ever there was a need for tough love, it is now.
Bottom line: the debt ceiling is going up. Spending will go up. Taxes will go up. And a generation born today will deal with the reckoning of today´s weak. When there is no more money to be borrowed or printed, people will line up readily behind the next "leader" who promises bread and full employment. I pray, not for today, but for my son´s future.
What kills me is this bogus argument the left puts out there hat debt ceiling fights lead to a credit downgrade when it´s actually new spending and declining revenues that´s the problem.
It´s really distressing that people trying to keep a lid on the debt have become national villains. These are the people who make it possible to make absurd demands that the president should be allowed to raise the ceiling any time he wants. There´s almost no chance that the debt will be $20 trillion by the time Obama leaves office,especially with the huge costs of Obamacare on the horizon.Instead of expanding or hiring more people,business will be strapped for all these unnecessary costs rammed down their throats.
As Ron made famous --Here we go again- all negative ranting without an ounce of support. The dems don´t have to crush the GOP critters the so called party members do it for them. But don´t get stressed because the Liberal nancy and others are trying to invoke the 14th amendment to allow any amount they want to spend. Ain´t just wonderful how they can be so 100 percent to claim that outdated national operating plan when they want.
#23 is right on, the downgrade will come if we have no credible plan to deal with our deficits and debt. Obama is inviting a downgrade. That would force bernanke to create even more phony money to buy treasury debt, no one else wants it.
To make matters worse the student loan bubble is about to burst. 90 day plus delinquent loans are soaring.
24 - this isn´t negative ratings without support. Reality is, Republican leadership begged for our support, we´ve given it to them, and the result is Boehner folds like a house of cards after an appropriate amount of Kabuki.
A lack of trust and confidence is well deserved and earned by the idiots in DC. I simply don´t believe they´ll do the right thing.
So Obama wanted the debt ceiling where it is, now he is blaming Congress for giving it to him and wants to now raise it higher? Let the government not pay it´s bills they will soon find out what we all know if we do not pay our bills or have the money to pay our bills, we do without or budget differently.
A couple of questions: 1) who racked up the trillion dollar bill for Death? 2) who racked up the billion dollar bill for Dodd-Frank? 3) who racked up the bill for shafting bond holders and turning over 2 car companies to the union? 4) who racked up the loss for the failed stimulous which just turned money over to the favored bundlers and elitists? 5) who racked up the bill for cash for clunkers which shredded over 650,000 vehicles instead of recycling them? 6) who racked up the bill for Solyndra and other bankrupt failed solar companies? 6) who racked up the bill for handling over billions to every muslim country they could find? 7) Etc.
SOUTH ORANGE, N.J. -- The victim of a vicious knockout attack in New Jersey is speaking out for the first time. He was cold-cocked, and hit not just with a fist, but with a glove with hard plastic knuckles. Two of the four attackers are still on the run. "All of a sudden, I was trying to watch my back and these two came around front and punches my face," the victim said. The 36-year-old restaurant worker does not want his name or face on television, and who could blame him? He still has headaches from a concussion and six
Sears stock plummeted Wednesday as news came out that Edward Lampert, its stubborn billionaire chairman and CEO, had to surrender majority control of the 120-year-old big box retailer when investors in Lampert’s hedge fund pulled money out. With no end in sight for Lampert’s quixotic turnaround efforts, it’s time to question whether there’s any way to save Sears as long as he remains in charge. (Snip) Lampert began at Sears with the ill-fated $12 billion merger with Kmart in 2005. Sales have declined for 27 straight quarters and the company’s stock is down over 70% from its high in 2007.
The Internal Revenue Service (IRS) has no system in place to prevent fraud when individuals apply for tax credits under Obamacare, according to the Treasury Inspector General for Tax Administration (TIGTA). The IG said in an audit released Tuesday that the IRS has no plan to manage, monitor, or mitigate fraud risk when processing premium tax credits available under the Affordable Care Act (ACA). “The ACA Program has not yet completed a fraud mitigation strategy,” the audit found. “It is important for the IRS to thoroughly consider fraud threats and risks that could impact new ACA systems.” Politico reports: The
Around 100,000 Americans successfully signed up for health insurance in November through the troubled federal online marketplace, HealthCare.gov, a person familiar with the preliminary data confirmed to ABC News. The figure reflects a surge in enrollment as software and hardware fixes to the site were made over the course of the month. In October, only 26,000 people could successfully enroll in Obamacare plans, according to the Department of Health and Human Services. "We´ve been working 24/7 to make improvements, and more consumers are successfully shopping online and enrolling in a health plan each week," Health and Human Services Secretary
NEW HAVEN >> The jail cell death last weekend of Yale University professor Samuel See, known as a brilliant writer and rising star in academia, has shaken up the tight-knit college community. Now adding to the mystery of his unexpected death are apparent connections between the online profiles of See and several escort service websites that include a cache of sexually explicit photos. At least four websites advertising male escort services included a phone number connected to See. The website Ryan Cochran Escort Services includes the same phone number listed on an order of protection filed against See in September.
For many Ann Arborites, Thanksgiving is a day devoted to giving thanks, spending time with family, eating turkey and watching the Detroit Lions. This year, retail giants want that to change. (Snip) The early openings change the game for retail giants looking to boost profits through aggressive holiday sales. It also means millions of retail employees in the U.S. are working on the holiday, and it poses the question to consumers: Is a bargain on a 70-inch television or an Apple iPad worth ditching Thanksgiving dinner? “You couldn’t pay me to stand in a line in the cold on Thanksgiving
Macy´s Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales. But it might not be so easy to lure most Americans from their turkey and football - particularly if the weather is foul. Department store rivals Kohl´s Corp and J.C. Penney Co Inc led a string of Thanksgiving opening announcements after Macy´s said it would open its U.S. stores on the popular holiday, ending a 155-year tradition. Sales trends, survey results and an online "Save Thanksgiving" backlash suggest that shoppers
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
President Barack Obama’s Facebook page on Saturday posted a message honoring the dead from Pearl Harbor—accompanied by a picture of Obama descending the stairs next to the Pearl Harbor Memorial. The picture barely fits the name of the Arizona Memorial so it can frame Obama in the foreground. The post´s statement reads: Today, with solemn pride and reverence, let us remember those who fought and died at Pearl Harbor, acknowledge everyone who carried their legacy forward, and reaffirm our commitment to upholding the ideals for which they served. President Obama The Obama Administration´s current shipbuilding plan shrinks the size of
Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. Most significant, he failed to acknowledge something known to the US intelligence community: that the Syrian army is not the only party in the country’s civil war with access to sarin, the nerve agent that a UN study concluded – without assessing responsibility – had been used in the rocket attack. In the months before the attack,
Dr. Ezekiel Emanuel, the hapless, goalpost-shifting so-called "architect" of Obamacare, told Fox News´ Chris Wallace on Fox News Sunday that President Barack Obama´s promise "if you like your doctor, you can keep your doctor" was absolutely true--with one important caveat: if you like your doctor, "you can pay for it." Wallace grilled Dr. Emanuel, challenging his false claims that California´s enrollment was keeping pace with the percentage of the young population necessary to keep the system afloat, and pointing out that the president´s promise on doctors would collapse once people lost their insurance or their
The U.S. isn´t called "America the Beautiful" for nothing. Each year, millions of tourists come from home and abroad to see the country´s majestic landscape and iconic sites, from the Grand Canyon to the Statue of Liberty. But there are also cool, quirky attractions, like Vermont´s Ben & Jerry´s Factory and Tennessee´s Graceland, the former home of Rock and Roll King Elvis Presley. From California to New York and everywhere in between, the country is chock-full of incredible attractions that keep luring in visitors. Here are the best tourist attractions in every state.