Tag: Budget

Demagogue In Chief Slams Corp. Jets After Spending Stimulus Money on Them?

-By Warner Todd Huston In his Wednesday presser on the state of the economy President Obama several times attacked those evil rich folks flying about in corporate jets saying that the filthy rich could “afford” higher taxes. But while he spent so much time slamming corporate jets today, back in 2009 the president was pushing... Read more »

Truth in Accounting's Fifty State Study Uncovers the True Financial Condition of the States

From the Institute for Truth in Accounting… Only four U.S. states have sufficient assets to pay their debt and obligations related to pension and retirees’ healthcare Today, the Institute for Truth in Accounting (IFTA) announces completion of a significant, comprehensive study of all 50 states’ assets and liabilities, including pension and retirement healthcare obligations. The... Read more »

Senator Coburn's Ahistorical, Unworkable Tax Hike Plans

-By Warner Todd Huston Senator Tom Coburn (R, OK) is trying to break heavy with the Tea Partiers — and for that matter his own party — by encouraging Republicans to include massive tax hikes in the on going budget discussions in congress this year. Coburn appears to feel that a tax hike simply must... Read more »

Dems Plan Proves Medicare Dead by 2024

-By Warner Todd Huston Congressman Peter Roskam, House GOP Deputy Majority Whip, got on record the fact that as things stand right now Medicare is dead by 2024. No ifs, ands, or buts, unless a major overhaul of the system is undertaken, Medicare is done in a little more than a decade. Before congress two... Read more »

Democrat Budget 'Plan' is Nothing But a 'Blank Check' for Spending

Many Democrat Senators were all about fiscal responsibility… waaay back in 2006. Today, though, that whole idea is out the window. Check out some info on the Democrat Budget Plan HERE.

Chicago Teachers Losing Their Raises

-By Warner Todd Huston As the Daley years wound down, Chicago’s public schools teachers were handed an automatic 4 percent raise across the board that was supposed to take effect next year. However, that largess from the taxpayers has just been rescinded by a unanimous vote of the Chicago Public Schools board. Citing the $712... Read more »

Illinois So Broke They Want to Sell Ads on License Plates

-By Warner Todd Huston You know things are bad when governments start selling things they “own.” The latest is the state of Illinois so over spent and in a budgetary hole that authorities are floating the idea of selling advertising space on its auto license plates. The Democrat led general assembly has given the Secretary... Read more »

Quinn's Tax Hikes Chasing Away Chicago Merc?

-By Warner Todd Huston Illinois Governor Pat Quinn and his profligate Democrat Party cohorts have been racking up the loss of one business after another since they decided to wildly raise the state’s taxes. Quinn’s and the Democrat’s next target seems to be the Chicago Mercantile Exchange, an ongoing Chicago tradition since 1898. Chicago has... Read more »

Class Of 2011 Faces Highest Unemployment Rate In History

From BankruptingAmerica.org… Graduates Face 21.1 Applicants Per Job Arlington, VA – Today, BankruptingAmerica.org (an awareness campaign by Public Notice) released a new Web video titled “Is Washington Creating Our Job Crisis?” As the 1.7 million college students of the class of 2011 graduate, they face one of the highest unemployment rates for college graduates in... Read more »

More Arts Funding Boondoggles in Age of Obama Economic Meltdown

-By Warner Todd Huston Yes, it’s time for another tale of millions of your tax dollars wasted by the NEA on “art” in America. Supporters of the National Endowment for the Arts (NEA) like to puff themselves up as saviors of high “art” in lowbrow America. They love to imagine that without their advocacy for... Read more »