I'm cutting back and you should too...

h/t CC

I'm going to bite the bullet, too!!!!

President Obama ordered the cabinet to cut $100,000,000.00 ($100
million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget.

I'm so impressed by this sacrifice that I have decided to do the same
thing with my personal budget. I spend about $2,000 a month on
groceries, household expenses, medicine, utilities, etc., but it's time
to get out the budget cutting axe, go through my expenses, and cut back.

I'm going to cut my spending at exactly the same ratio (1/35,000) of my
total budget. After doing the math, it looks like instead of spending
$2,000 a month, I'm going to have to cut that number by six cents. Yes,
I'm going to have to get by with $1999.94, but that's what sacrifice is
all about.

I'll just have to do without some things, that are, frankly, luxuries –
six cents worth.

Did this President actually think no one would do the math? Please send
this to everyone on your list so people understand how idiotic a $100
million cut is in a $3.5 trillion budget – ludicrous!!!!!!!

"There are two ways to conquer and enslave a nation...
One is by sword...
The other is by debt."
John Adams 1826

VIDEO - Paul Ryan took apart El Presidente and sodomized medicine -- in 6 minutes!

Paul Ryan: Hiding Spending Doesn't Reduce Spending

 

316,108 

    

Uploaded by AmericanRoadmap on Feb 25, 2010

"I will not sign a plan that adds one dime to our deficits -- either now or in the future."
(Remarks by President Obama to a Joint Session of Congress, September 9, 2009)

This afternoon Budget Committee Ranking Member Ryan walked through why the bill put forward by Democrats FAILS the President's deficit test.
--

The Majority Leader said the bill scores as reducing deficit by $131 billion over the next 10 years.

First a little bit about CBO: I work with them every single day; very good people; great professionals. They do their jobs well. But their job is to score what is placed in front of them. And what has been placed in front of them is a bill that is fill of gimmicks and smoke and mirrors.

Now what do I mean when I say that?

First off, the bill has ten years of tax increases and ten years of Medicare cuts to pay for six years of spending. The true ten year cost when subsidies kick-in? $2.3 trillion.

The bill is full of gimmicks that more than erase the false claim of deficit reduction:

- $52 billion of savings is claimed by counting increased Social Security payroll revenues. These dollars are already claimed for future Social Security beneficiaries, and claiming to offset the cost of this bill either means were double-counting or were not going to pay Social Security benefits.

- $72 billion in savings is claimed from the CLASS Act long-term care insurance. These so-called savings are not offsets, but rather premiums collected to pay for future benefits. Senate Budget Committee Chairman Kent Conrad has called these savings, A ponzi scheme that would make Bernie Madoff proud.

Additionally, the nearly half-trillion dollars in Medicare cuts cannot be counted twice. Medicare is in dire need of reform in order to make certain that we can ensure health security for future seniors.

Using Medicare as a piggy bank, it raids a half trillion dollars from retirees health coverage to fund the creation of another open-ended health care entitlement.

The Presidents chief Medicare actuary says up to 20% of Medicare providers may go bankrupt or stop taking Medicare beneficiaries as a result. Millions of seniors who have chosen Medicare Advantage will lose the coverage they now enjoy.

Objections to the policy aside, you cannot use these savings twice to both extend the life of Medicare and to pay for other spending. The half-trillion dollars in Medicare cuts are either to extend the programs solvency or to reduce the cost of this deficit but not both as its authors claim.

When you strip away the double-counting of Medicare cuts, the so-called savings from Social Security payroll taxes and the CLASS Act, the deficit increases by $460 billion over first ten years and $1.4 trillion over second ten years.

Finally, one of the most expensive and most cynical of the gimmicks applies to Medicare physician payments, the so-called Doc Fix.

By your own estimate, the Doc Fix adds an additional $371 billion to the cost of health care reform. With the price tag beyond what most Americans could handle, the Majority decided to simply remove this costly provision and deal with it in a stand-alone bill.

Ignoring this additional cost does not remove it from the backs of taxpayers. Hiding spending doesnt reduce spending.

http://www.youtube.com/watch?v=zPxMZ1WdINs

http://drudgereport.com/

McConnell says his Senate will work harder. Do you believe that?

Can we get rid of McConnell AND Boehner after the elections?  Both of them are too much in the ol-boys club and know "how Congress needs be run" to make significant changes.  It's time for both of them to be put out to the south 40.

McConnell promises busy Senate if GOP retakes upper chamber

By Alexander Bolton and Bob Cusack - 07/24/12 05:00 AM ET

  

Sen. Mitch McConnell (R-Ky.) on Monday said the Senate will be “much busier” in 2013 should the GOP take control of the upper chamber, criticizing what he said is the Democrats’ penchant for closing up shop at 6 p.m.

In an interview with The Hill, McConnell detailed how he would run the Senate, vowing to pass a budget, repeal “Obama-Care” and reform entitlement programs. 

He thinks Senate lawmakers need to work harder, which means keeping longer hours and taking politically difficult votes. This might cause grumbling among his rank and file, but McConnell has warned them to buckle down for a heavy lift next year. 

“What has done significant damage to the institution is not doing the things that we’re supposed to do — passing a budget, for example,” he said. 

More

http://thehill.com/homenews/senate/239645-mcconnell-promises-busy-senate-under-gop

http://visiontoamerica.com/11094/mcconnell-promises-busy-senate-if-gop-retakes-upper-chamber/