Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Friday, August 31, 2012

Democrats are trying to destroy this man's character? Really!?

Character assaination on Mitt Romney? That job is bigger than cutting the deficit in half. And it will require another trillion dollars to buy eveyone's silence his life has touched!

Tuesday, August 2, 2011

Ray Stevens On The Obama Budget Plan

Unhappy about Obama’s budget?
So is Ray Stevens!

Wednesday, July 27, 2011

America's Armageddon Can't Interrupt This Presidents Birthday and Vacation

55% of Americans aren’t booking a summer vacation this year, “Don’t tell President Obama that. Even with no debt deal, he is still planning swanky vacation on Martha’s Vineyard.
Oh, and that August 2nd debt deadline that the President keeps referring to Armageddon? Well, the Commander in Chief has a birthday blow out planned for the very next day.”


Thursday, July 7, 2011

The 'Underwhelming' Truth About The Two Trillion Dollar Cut to The Budget

As lawmakers work to cut $2 trillion in federal spending, a new video from the Cato Institute puts that number in perspective.

Monday, January 17, 2011

Liberal state lawmakers across the country are looking at raising and creating new "sin" taxes


Cash-strapped state lawmakers across the country are looking at raising "sin" taxes on everything from traditional vices, like smoking cigarettes and imbibing alcohol, to more recently vilified habits like drinking sugary sodas and hitting the tanning salon.

• In Mississippi, state Rep. John Mayo, citing the state's place at the top of national obesity ratings, is sponsoring a bill that would add about 25 cents in new taxes to a can of soda.

• In New York, state Assemblyman Felix Ortiz, Brooklyn Democrat, wants a new "fat tax," a surcharge on the purchase of sweets and snacks.

• In Maryland, dozens of state lawmakers are getting behind a plan to raise $200 million in revenue with new taxes on beer and wine, but in the face of strong opposition from the state's business community.

Other states and jurisdictions are looking at taxing the use of plastic shopping bags, raising fees for casinos — even in gambling meccas such as Nevada — and taxing tanning salons. In California, proponents of easing restrictions on marijuana cited the tax revenue legal pot could bring in. Some states have even considered new taxes on buyers of pornography and patrons of strip clubs.

Thank you to @bconsdr8 on twitter for this link to the Washington Times Story: http://ht.ly/3FenW

Sunday, May 16, 2010

Unions and State Debt go Hand in Hand - See the 49 States That are 'Underwater'

Public sector unions and state debt go hand in hand
http://ht.ly/1LFj4
By: David Freddoso

There are hundreds of reasons why states accrue debt. In some cases, it has to do with special programs they pursue. (See RomneyCare.) In others, it has to do with their method of taxation.

But the states with the highest per-capita debt all have something in common: Robust public-sector unions that have, over the years, cut sweetheart deals with politicians -- usually, but not always, Democrats.

In the graph below, each blue square represents a state (some are labeled), plotted by its per-capita debt and the percentage of state and municipal workers in public sector unions.



The data comes from the U.S. Census Bureau, the Tax Foundation, and the Bureau of Labor Statistics, whose labor numbers are charted in this paper from the CATO Institute. The numbers for unionization run from 2006 through 2009, and the numbers for debt are 2007, before the current crisis. If anything, this presents a rosier picture for most states than the current one.

A rigorous study would control for dozens of factors, but this chart demonstrates the correlation between state unionism and debt.

As you can see in the graph, the states coalesce into three main groups:

* Among states whose government workers are less than 40 percent unionized, median per capita state debt is $2,238.

* Among states with between 40 and 60 percent of their government workers in public sector unions, the average debt is $3,609.

* Among states with more than 60 percent of the government workforce unionized, the average (median) per capita debt is $6,380.

As you keep an eye on the fiscal collapse of California, and New Jersey Gov. Chris Christie's (R) efforts to rein in the unions' power next year, bear in mind that this is quickly becoming the biggest fiscal issue in America today.

Do public sector unions really protect workers from exploitation, or do they merely bankrupt the treasuries of states nationwide? And more immediately, will the states that made poor fiscal choices get a second bailout from the federal taxpayer after the 2009 stimulus package?

49 of 50 STATE ECONOMIES ARE 'UNDERWATER'
article http://ht.ly/1MR7c

Special Shout Out to Twitter's @bconsdr8 for sharing this with me!