The Obama Fiscal Responsibility Farce Continues!

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The Obama Fiscal Responsibility Farce Continues!

April 27, 2010 by weroinnm

Question: Is Obama’s National Commission on Fiscal Responsibility and Reform seen as another farce?

The following article and/or blog post reveals the disturbing answer to this question-You Decide:

The Obama Fiscal Responsibility Farce Continues!-Posted on The Heritage Foundation-On April 27, 2010:

http://blog.heritage.org/2010/04/27/morning-bell-the-obama-fiscal-responsibility-farce-continues-2/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

These are pertinent excerpts from this article:

“Today President Barack Obama’s National Commission on Fiscal Responsibility and Reform will convene for the first time at the White House. Tasked with making recommendations to Congress that would put the budget in primary balance by 2015 and “meaningfully improve” our nation’s long-term fiscal outlook, the commission meets a little over a month after Congress approved a new $2.5 trillion health care entitlement that the Obama administration now confirms will increase our nation’s total health care spending.

This is a now familiar pattern for the White House: first enact record breaking levels of deficit spending, then turn right around and promise austerity sometime in the future. This February, after signing the largest single-year increase in domestic federal spending since World War II, President Obama held a “fiscal responsibility” summit designed to “send a signal that we are serious” about putting the nation on sounder financial footing. The Washington Post’s Dana Milbank quipped at the time: “Holding a ‘fiscal responsibility summit’ at the White House in the middle of a government spending spree is a bit like having an Alcoholics Anonymous meeting at a frat house on homecoming weekend.”

The leftist majorities in Congress are no better. Congress has now missed its April 15 deadline for enacting a budget resolution, which is one of the few pieces of legislation that Congress must pass annually. If Speaker Nancy Pelosi (D-CA) fails to pass a budget it will be the first time since the 1974 Congressional Budget Act that the House has failed to do so. All over the country, recession-weary families are examining their income and spending, making difficult decisions, and setting family budgets. Yet Congress—despite a $1.5 trillion deficit in 2010 and historic deficits as far as the eye can see—cannot manage to set any budget framework for the next few years.

Some may argue that Congress does not need to pass a budget since President Obama’s commission will be making all the tough choices. But this would only make our fiscal crisis worse: Congress is under deadline to finance the FY 2011 spending bills before September 30—well before the commission is even scheduled to release its report. Without a budget, Congressional appropriators are completely free to ignore all caps on discretionary spending for fiscal year (FY) 2011. Worse, the commission itself is fatally flawed since: 1) its recommendations are not guaranteed a vote in Congress; 2) its recommendations will be considered by a lame duck Congress; 3) there is no indication the commission will take any input from public hearings.

Last week, Pew Research Center released a survey showing just 22% of respondents said they trust the federal government almost always or most of the time. Last March Pew found by 54% to 37%, people favored the government exerting more control over the economy. Now, by 51% to 40%, a majority of Americans say they want less government control. If President Obama’s fiscal responsibility commission is to have any credibility with the American people, the first item on its agenda must be the full repeal of the President’s $2.5 trillion health care entitlement.”

Note: What follows are numerous articles and/or blog posts and videos that relate to and/or support the above article and/or blog post-You Decide:

Debt supercommittee might turn out to be a useful failure!-Posted on The Washington Post-By David A. Fahrenthold and Felicia Sonmez-Posted on November 23, 2011:

http://www.washingtonpost.com/politics/debt-supercommittee-might-turn-out-to-be-a-useful-failure/2011/11/23/gIQAuF0GpN_story.html?tid=pm_pop

Obama ‘Actively’ Made Supercommittee’s Job ‘More Difficult,’ Toomey Says!-Posted on CNSNews.com-By Susan Jones-On November 22, 2011:

http://cnsnews.com/news/article/obama-actively-made-supercommittees-job-more-difficult-toomey-says

Video: Democrat: Obama Owns Deficit Reduction Failure!-Posted on ExposeObama.com-On November 21, 2011:

http://www.exposeobama.com/2011/11/21/democrat-obama-owns-deficit-reduction-failure/

Super Committee Fails?-Posted on The New Republic-By Timothy Noah-On November 20, 2011:

http://www.tnr.com/blog/97638/super-committee-fails

Deficit Supercommittee Nears Failure as Obama Steers Clear!-Posted on NewsMax.com-On November 20, 2011:

http://www.newsmax.com/Headline/supercommittee-hensarling-obama-deficit/2011/11/20/id/418638?s=al&promo_code=D8EF-1

Rubio: Obama Is Playing Politics With Supercommittee!-Posted on NewsMax.com-By Amy Woods-On November 20, 2011:

http://www.newsmax.com/InsideCover/Rubio-Obama-supercommittee-politics/2011/11/20/id/418616?s=al&promo_code=D8EF-1

Why We Want the Super Committee to Fail!-Posted on Western Journalism-By BY FLOYD AND MARY BETH BROWN-On November 19, 2011:

http://www.westernjournalism.com/why-we-want-the-super-committee-to-fail/?utm_source=Western+Journalism&utm_campaign=b72281c611-RSS_EMAIL_CAMPAIGN&utm_medium=email

Breaking: Senate Rules Committee Blocks Tea Party Debt Commission Hearing on Budget Reform!-Posted on Freedom Works-By Tabitha Hale-On November 17, 2011:

http://www.freedomworks.org/press-releases/breaking-senate-rules-committee-blocks-tea-party-d

Video: Allen West to Media, “Stop Being Afraid of this President” who is “Destroying this Country”!

http://www.youtube.com/watch?feature=player_embedded&v=RAl_13DtQ1w

Alan Simpson, Erskine Bowles Predict Coming Economic Crisis!-Posted on NewsMax.com-By Forrest Jones-On June 18, 2011:

http://www.newsmax.com/Headline/Economy-AlanSimpson-ErskineBowles/2011/06/18/id/400503?s=al&promo_code=C76C-1

America’s Reality Check-Posted on The American Spectator-By Philip Klein-On December 3, 2010:

http://spectator.org/archives/2010/12/03/americas-reality-check

Deficit Commission Report Fails to Advance to Congress-Posted on FoxNews.com-On December 03, 2010:

http://www.foxnews.com/politics/2010/12/03/deficit-commission-report-fails-advance-congress/

Opinion: 6 Hidden Gems in the Deficit Commission Report-Posted on AOLNews.com-By John Merline, Opinion Editor-On December 2, 2010:

http://www.aolnews.com/opinion/article/opinion-6-hidden-gems-in-the-deficit-commission-report/19741541

Debt-Busting Issue May Force Obama Off Fence-Posted on The New York Times-By MATT BAI-On November 30, 2010:

http://www.nytimes.com/2010/12/01/us/politics/01bai.html?nl=us&emc=politicsemailemb1

End Deficit-Reduction Commissions: ‘They just provide political cover to the politicians who created the deficit.’-Posted on National Review Online-By THOMAS SOWELL-On November 16, 2010:

http://www.nationalreview.com/articles/253334/end-deficit-reduction-commissions-thomas-sowell

Wielding the Budget Knife: ‘The Bowles-Simpson “illustrative list” is only that — an illustration. But it will give novice legislators an appropriate starting point.’-Posted on National Review Online-By ANDREW STILES-On November 15, 2010:

http://www.nationalreview.com/articles/253283/wielding-budget-knife-andrew-stiles

Rough road ahead for Obama, unions as compromises loom-Posted on The Hill-By Sam Youngman-On November 11, 2010:

http://thehill.com/homenews/administration/129041-rough-road-ahead-for-obama-unions-as-compromises-loom

Heritage Reacts to Simpson-Bowles Deficit Reduction Panel Proposal-Posted on The Heritage Foundation-On November 10, 2010:

http://blog.heritage.org/2010/11/10/heritage-reacts-to-simpson-bowles-deficit-reduction-panel-proposal/

Bowles–Simpson Commission Co-Chair Report: A Good and Welcome First Step-Posted on The Heritage Foundation-By Alison Acosta Fraser-On November 10, 2010:

http://www.heritage.org/research/reports/2010/11/bowles-simpson-commission-co-chair-report-a-good-and-welcome-first-step

Obama’s Deficit Commission Won’t Help Fiscal Crisis-Posted on NewsMax.com-By David Limbaugh-On November 12, 2010:

http://www.newsmax.com/Limbaugh/Obama-Deficit-Commission-Obamacare/2010/11/12/id/376861

The Debt Commission is a Trick-Posted on Rush Limbaugh-On November 11, 2010:

http://www.rushlimbaugh.com/home/daily/site_111110/content/01125106.guest.html

SEC IG Probes Timing of Goldman Sachs Suit and Financial Reform Legislation-Posted on CNSNews.com-By Fred Lucas, Staff Writer-On April 27, 2010:

http://www.cnsnews.com/public/content/article.aspx?RsrcID=64749

Goldman execs defend conduct under Senate barrage-Posted on Yahoo News-By MARCY GORDON and TOM RAUM, Associated Press Writers-On April 27, 2010:

http://news.yahoo.com/s/ap/20100427/ap_on_bi_ge/us_goldman_sachs_investigation

Poll: Support for Repeal of Health-Care Reform Law Increases After One Month-Posted on CNSNews.com-By Christopher Neefus-On April 27, 2010:

http://www.cnsnews.com/public/content/article.aspx?RsrcID=64746

Report: ObamaCare will be a total disaster-Posted on ExposeObama.com-By Robert Moon, Examiner-On April 27, 2010:

http://www.exposeobama.com/2010/04/27/report-obamacare-will-be-a-total-disaster/

Actress Janine Turner: New Health Care Law Not ‘A Vision of What Our Founding Fathers Would Have Liked’-Posted on CNSNews.com-By Edwin Mora-On April 27, 2010:

http://www.cnsnews.com/public/content/article.aspx?RsrcID=64737

Did HHS Sect. Sebelius Spike a Report-Posted on ExposeObama.com-By The Prowler, American Thinker-On April 26, 2010:

http://www.exposeobama.com/2010/04/27/did-hhs-sect-sebelius-spike-a-report/

Economists: The stimulus didn’t help-Posted CNNMoney.com-By Hibah Yousuf, staff reporter-On April 26, 2010:

http://money.cnn.com/2010/04/26/news/economy/NABE_survey/

Wall St. Socialism-Posted on The NYPost.com-By Rich Lowry, New York Post-On April 24, 2010:

http://www.nypost.com/p/news/opinion/opedcolumnists/wall_st_socialism_xsVuC2wFeHSiVAL48ttb4K#ixzz0mFdW28k0

A letter to the young American-Posted on Weshartlione.wordpress.com-By weshartline-On March 25, 2010:

http://weshartline.wordpress.com/2010/03/25/a-letter-to-the-young-american/

Note: The above articles and/or blog posts relate to and/or support my following blog posts-You Decide:

U.S. Debt to Hit $20 Trillion in 10 Years!

http://weroinnm.wordpress.com/2010/04/23/u-s-debt-to-hit-20-trillion-in-10-years/