"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!
Can't we just turn Congress off and then turn it back on again?
Maybe I'm missing something, but where are the revenues coming from?
I mean...it's one thing to crow on about cuts in "future" spending, but most of the article is about spending money.
Look...if I've got a credit card that has $10,000 on it, and I promise to stop using it, that doesn't make the initial $10,000 go away. Where is the revenue coming from? Facebook alone can't fix it.
He has proposed a budget based upon a multitude of assumptions, accounting gimmicks, and offsets, meaning he's not counting the inconvenient facts such as 500B in unfunded pension liabilities, existing massive debt, cities going bankrupt, and massive waste/fraud/abuse being committed in the Entitlement System.
It's always the same with you Religious Fanatics that believe in Government like a God. A liberal politician makes a declaration/proclamation and you believe it, regardless of past failure. Nearly 25% of the population of the state lives in poverty. Each resident of the state represents about 10K in outstanding debt. About 1/3 of CA residents are on welfare. It has the highest sales tax and income tax in the entire country and was voted the worst state to do business in by Chief Executive Magazine
Another Triumph for Texas: Best/Worst States for Business 2012 | ChiefExecutive.net | Chief Executive Magazine
When Moonbeam pays down the debt and finds a way to cover all those unfunded liabilities let me know. Right now you're propping up a fairy tale and drinking some seriously strong kool-aid. The problem is Brown spiked the punch.In Chief Executive’s eighth annual survey of CEO opinion of Best and Worst States in which to do business, Texas easily clinched the No. 1 rank, the eighth successive time it has done so. California earns the dubious honor of being ranked dead last for the eighth consecutive year.
This year, 650 business leaders responded to our annual survey, up from 550 in 2011. CEOs were asked to grade states in which they do business among a variety of areas, including tax and regulation, quality of workforce and living environment. The Lone Star State was given high marks foremost for its business-friendly tax and regulatory environment. But its workforce quality, second only to Utah’s, is also highly regarded.