Barrage of New Taxes on Table Under Banner of Deficit Reduction

President Obama has received warnings that the increased government spending needs to be counteracted by an increase revenue soon or we could be in trouble and that higher taxes need to be considered. The current path the administration has put us on would lead to a third fiscal year in a row of record deficits if the left cannot reign in the money they owe soon. The most logical solution to the problem would be dramatically reducing the spending within government today, but that idea is diametrically opposed to the ideology of the president. Read more of this post

Governor Patterson Calls NY State Legislature out on Spending

Isn’t it funny when a reckless spender preaches to a group of people about fiscal responsibility? It’s beyond hysterical, but rather actually quite sad. This was the case during Governor Patterson’s State of the State address in New York today. It brought to the front table the definition of hypocrite in case anyone was confused. The only reason New York state’s budgetary problems haven’t been heard about more on the national scale is because they remain in the limelight of  the disaster in California. The state had albeit driven into the ground by the current government. Read more of this post

New York May Be Out of Money by December

History wins out every time whether you’ve learned from it or not. Governor Patterson of New York is suffering the consequences of out of control spending and endless subsidies as he continues to search for ways to prevent the state from going broke. He made an announcement today that if cuts are not made to education and hospitals, the state will be broke by Christmas. This could have big consequences for residents in the state because that in turn would spike the already astronomic property taxes people are paying just to be able to stay in their homes.

I find this rather interesting because the governor knew the state was in trouble last year because he made substantial cuts in funding of my school. As a result it sent tuition up by over $1,000 per year, 90% of that increase went directly to the state’s general fund. Patterson didn’t learn though because last year, he in cooperation with the state senate raised state spending by $12,000,000,000.

It’s funny that he is now panicking about the budget gap now, although I’m sure New York residents don’t see the same humor.

Patterson committed the two cardinal economic sins during the receding economy to get himself into this situation. He irresponsibly raised spending, and tried to offset it by raising people’s taxes, a move that has people fleeing this state. Not to mention the fact that he is running a campaign advertisement saying that we need to do the right thing for the people of New York by Re-Electing him. This is the same man who came out six weeks ago saying that he felt his popularity was going down because he was black. If you’ve ever seen a picture of the guy, he looks whiter than some Hispanics I know – but I’m just saying the race card is getting old, and he’s digging in the sand for excuses.

Governor Patterson You Sir, are NOT qualified to be governor of anything larger than a 4 by 6 foot cubicle. Your irresponsible fiscal policies have drowned this state and have mortgaged the future of children who grow up in New York. If you want what’s right by the people of New York than get the hell out of Office. Residents of New York: If you re-elect this man than you must like being the state’s ATM, It’s time to wake up.

Obama looking for ways to cut the budget

Obama has finally come out and said that the current proposed budget must be cut in order to keep the country in the track he intends to keep them on as far as the deficit is concerned. Earlier this month he proposed a 3.6 trillion dollars budget for this fiscal year which would. His proposal is to cut the budget by $100 million dollars. Unfortunately the president is not very proficient in mathematics because that would little more that put a dent in the 1.2 trillion dollar deficit that will be posted this year as a result of his spending spree. 

From going paperless to eliminating multimillion-dollar contracts for companies that create logos, Cabinet agencies are laying out a number of ways they can meet President Obama’s call to slash $100 million from the federal budget. 

The president held his first Cabinet meeting Monday morning and ordered his department heads to draft ways to trim the federal fat.  

The $100 million figure represents a drop in the bucket of the president’s $3.5 trillion budget proposal, and would do little to erase the more than $1.2 trillion deficit that has become the rallying cry of fiscal conservatives. 

But the White House released a list of cost-cutting measures Monday that marked a start to what Obama pledges will be long-term fiscal responsibility. 

– The Veterans Affairs department has canceled or delayed 26 conferences, projected to save nearly $17.8 million. The department will be using less expensive alternatives as well, like video conferencing.

– The Department of Agriculture is working to combine 1,500 employees from seven office locations into a single facility in 2011 — expected to save $62 million over a 15-year lease term.

– The Department of Homeland Security estimates it can save up to $52 million over five years by purchasing office supplies in bulk. It also estimates it can save $3 million by ending consulting contracts to create new seals and logos. 

– Both the Department of Justice and State Department propose going paperless with specific programs. Doing so is projected to save $6.7 million on the Justice side over five years, and $1 million on the State side in the first year. 

– The Department of Education expects to save $2 million annually by reducing the number of computers provided to staff. 

So once again we have a president who is trying to give the illusion to the American people that he is doing something to relieve the deficit we are seeing but that could not be farther from the reality of this situation. The budget on top of the two massive stimulus bills he has passed are a far cry from the 100 million dollar cut.

Republicans have kept up a steady stream of criticism of Obama’s spending, both of his $787 billion stimulus plan and his $3.6 trillion budget proposal.

“Earlier this week, President Obama said that we need to get serious about fiscal discipline by trimming waste in the federal budget,” Rep. Kevin McCarthy, R-Calif., said in the GOP address. “Republicans couldn’t agree more. We want to work with the president to get our financial house back in order.”

“It’s irresponsible to borrow more than all previous American presidents combined. And it must stop if we want to get our economy moving again,” McCarthy said. “When will all this spending and borrowing end?”

Republicans say that budget cuts are a worthwhile effort, but emphasize the size of the Democratic spending bills.

McCarthy singled out “the trillion-dollar ‘stimulus’ bill the $410 billion dollar ‘omnibus’ spending bill and the massive, fiscally irresponsible Democratic budget that doubles the debt in just over five years, and triples the debt in just over ten years.”

What an incompetent fraud, a reckless spender and an american hater. These all describe our current president very nicely. This budget needs to be slashed not trimmed. (http://www.foxnews.com/politics/first100days/2009/04/20/obama-seeks-m-cuts-cabinet-meeting)

Happy Patriots Day – Conservative Underground

Follow

Get every new post delivered to your Inbox.

Join 531 other followers