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DEC 25, 2014
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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  12/25/2014
THURSDAY, FEB 14, 2013  |  3 comments
Economist: Obama using 'abracadabra budgeting'

President Obama claimed significant progress in deficit reduction, called for additional tax hikes and pushed dozens of new programs that he says won’t add a dime to the deficit.

However, Club for Growth founder and Wall Street Journal economist Stephen Moore told WND the facts show Obama is not at all serious about reducing our deficit and is engaging in budgetary sleight of hand when it comes to his agenda.

In his speech, Obama said he and members of Congress have already agreed to $2.5 trillion in deficit reduction and are on the way to fiscal stability. Moore said technically those cuts are scheduled to take effect in the next few years, but he’s very skeptical that they’ll actually happen. ...


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· Page 1 ·  Found: 3 user comment(s)
News Item2/14/13 9:22 AM
joe lee | usa  Find all comments by joe lee
One important things to keep in my mind when you hear the word cuts in dc. None of them are talking about cuts; they are only speaking of reducing the increase in spending. That is not a cut. Even if the automatic decreases kick in, your government will still be spending more. I have never understood why candidates..particularly presidential (with exception of paul) cannot and do not hit on basic math. Obama is able to portray repubs as being against social security and medicare even though
they are only ones trying to save them.
3

News Item2/14/13 8:14 AM
Wind and waves obeyed Him | USA  Find all comments by Wind and waves obeyed Him
In our society, Big God that promises to meet all needs is increasingly rejected. Big government that promises to meet all needs is increasingly accepted.

Time and money and obedience not given willingly to the One are likely to be given soon enough by compulsion to the other. #freedomslost

2

News Item2/14/13 7:52 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
Well, I wish someone would abracadbra his butt out of office before we become a 3rd world nation.
1
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