The Fair Tax Act Lower Gas Prices

2010 U.S. projected Federal Budget

March 1st, 2009 Comment On This Post

Total receipts

Estimated receipts for fiscal year 2010 are $2,381 billion, an increase of 8.9%.

Total spending

Further information: Government spending

The President’s budget for 2010 totals $3,552 billion. Percentages in parentheses indicate percentage change compared to 2009. This budget request is broken down by the following expenditures:

  • Mandatory spending: $2,184 billion (-17.9%)
    • $695 billion (+4.9%) - Social Security
    • $453 billion (+6.6%) - Medicare
    • $290 billion (+12.0%) - Medicaid
    • $0 billion (-100%) - Troubled Asset Relief Program (TARP)
    • $0 billion (-100%) - Financial stabilization efforts
    • $11 billion (+275%) - Potential disaster costs
    • $571 billion (-15.2%) - Other mandatory programs
    • $164 billion (+18.0%) - Interest on National Debt

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Obama predicts a net deficit of approximately $1,171.4 billion, adding to a United States governmental debt of about $6,578.9 billion.

2009 U.S. Federal Budget

March 1st, 2009 1 Comment »

Total receipts

Estimated receipts for fiscal year 2009 are 2.7 trillion(+7.1%).

Total spending

Further information: Government spending

A pie chart representing spending by category for the US budget for 2009

The President’s budget for 2009 totals $3.1 trillion. Percentages in parentheses indicate percentage change compared to 2008. This budget request is broken down by the following expenditures:

The financial cost of the Iraq War and the War in Afghanistan are not part of the defense budget; they are appropriations.

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 407 billion dollars, adding to a United States governmental debt of about $10.2 trillion.

2008 U.S. Federal Budget

March 1st, 2009 1 Comment »

Total receipts

Estimated receipts for fiscal year 2008 were $2.66 trillion.

Total spending

Further information: Government spending

A pie chart representing spending by category for the US budget for 2008

The President’s budget for 2008 totals $2.9 trillion. Percentages in parentheses indicate percentage change compared to 2007. This budget request is broken down by the following expenditures:

The Iraq War and the War in Afghanistan are not included in the regular budget. Instead they are funded through special appropriations.[1]

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 240 billion dollars, adding to a United States governmental debt of about $10.8 trillion.

Is this the change Americans were looking for?

February 22nd, 2009 Comment On This Post

Change that we can believe in:

  • The Dow at a 10-year low.
  • A tax cheat running the IRS
  • Another tax cheat as the Chief of Staff
  • A trillion-dollar plus federal deficit
  • Over one-half of voters relieved of any federal tax liability
  • Government mandated limits on executive compensation
  • Three failed attempts and still no Commerce Secretary
  • Tom Daschle rides his free limo into the sunset - after paying taxes he evaded.
  • The White House performance czar turns out to be a tax cheat also
  • Lobbyists hired to work for the Obama Administration
  • The census gets politicized
  • Double government spending in one year
  • The word “freedom” fades into obscurity
  • Increasing home loan mortgage rates across the board
  • Millions of Americans made dependent on government
  • Moving unionization-by-intimidation forward
  • Welfare checks become “tax cuts.”
  • Illegal aliens free to work on taxpayer-funded “stimulus” projects
  • Welfare reform reversed, states ordered to increase welfare roles
  • Move to silence critical talk radio shows
  • Selling Senate seats
  • Obama books in religious sections of book stores
  • More government workers, not private sector jobs
  • A government bureaucracy to intrude on doctor/patient relationships
  • Stage set for medical services rationing
  • Annual welfare checks for middle income families

Interesting articles to read for January 30, 2009

January 30th, 2009 Comment On This Post

Some interesting articles to read:

Here’s Nancy Pelosi’s brilliant defense of STD prevention in the economic stimulus bill.

In case you didn’t know, Nancy Pelosi didn’t go to Washington to be bipartisan. This woman is vile.

The FCC commissioner says that if the Fairness Doctrine were to come back, it would have to be “rebranded.” Yeah, just like the Democrats have rebranded “pork barrel spending” to be “economic stimulus” and welfare checks to be “tax cuts.” The FCC dude is acknowledging the stupidity of the American people here.

The National Endowment for the Arts wants its piece of the stimulus.

The Heritage Foundation wants to know why non-existent unemployed climate modelers are getting $140 million in economic stimulus.

The FBI has cut off call contacts with the Council on American-Islamic Relations (CAIR) because they are concerned that it has roots in a Hamas-support network.

People are outraged when the government wants to tax candy and soda .. but $825 billion in Democrat pet projects is OK.

Which do you think is the “reddest” state? How about the “bluest”? The Gallup Organization has the answers.

The Journal Sentinel in Milwaukee has uncovered some disturbing news about how people in Wisconsin are conning the state child care welfare system. Golly! I’m just shocked!

Bruce Springsteen says that he wants to “inspire” people with his half time performance at the Super Bowl. If he wants to inspire me he can shut the hell up. “The Boss” my posterior.

Apparently I have a lot to learn from Denver’s mayor. He has declared it to be “wear your PJs to work” day in order to raise awareness for homelessness.

The Pew Research Center has done some interesting research and found that more than half of Americans wish they lived somewhere else. When I want to live somewhere else I start the prop spinning and … .live somewhere else. Like early next week.

All articles were obtained from boortz.com

Californians will not be receiving any tax refunds or welfare checks

January 19th, 2009 2 Comments »

dollar_sign_melting11I love this story.  Due to extreme socialism in the state of California, John Chiang announces that his office will suspend $3.7 billion in payments owed to Californians starting Feb. 1, because with no budget in place the state lacks sufficient cash to pay its bills.

The state will suspend tax refunds, welfare checks, student grants and other payments owed to Californians starting Feb. 1, Controller John Chiang announced Friday.

Chiang said he had no choice but to stop making some $3.7 billion in payments in the absence of action by the governor and lawmakers to close the state’s nearly $42-billion budget deficit. More than half of those payments are tax refunds.

And Americans want the government to take more of our income tax so they can spend it on bullshit like a nationalized healthcare system so the country ends up in a situation like California.  Like I’ve said before,  when we have our socialized healthcare system and your sorry ass is laid up in the hospital because you have cancer or AIDS and the government has no money to pay for the expenses, you just better start planning on the funeral proceedings.

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    The more laws and order are made prominent, the more thieves and robbers there will be. - Lao Tzu