Details about the huge amnesty to be included in the budget reconciliation bill are out, after being passed by the House Judiciary Committee. It’s every bit as bad as I feared, including amnesty for most of the illegal aliens in the U.S.
Continue reading “A devastating blow to our solvency”Tag: budget
Oppose omnibus spending bill
Please oppose the 1,500-page, trillion-dollar, sequester-scrapping secret spending bill that is coming up for a vote. We sent you to Washington because you promised fiscal responsibility and accountability. Spending ever-more on an ever-increasing Federal government provides neither.
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The One Number You Need to Know in O’s Budget
By Kevin D. Williamson
Here’s the number to keep in mind: $763 billion.
If enacted, Barack Obama’s latest budget would mean that in just ten years, interest payments alone on the national debt would begin pushing the trillion-dollar mark: $763 billion a year by 2023. That may be a rosy estimate: It assumes that interest rates, currently near historic lows, do not rise a great deal over the next ten years as the Treasury continues to pile up new debt. If interest rates do climb a bit higher — not even to their historical average, but higher than they have been of late — then those interest payments easily could be more than $1 trillion a year.
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Obama’s budget in one infographic
President Obama released his 2014 budget more than 60 days late. Not surprisingly, it doesn’t even attempt to balance the budget — now or in the future. Heritage.org put together this handy infographic on Obama’s budget to help you understand what’s in it and how it exposes the President’s worldview.
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