Category Archives: Budget

Does Ryan Now Agree with Gingrich?

A good explanation of what Newt meant by saying that Ryan’s Budget plan was “social engineering” by the Right…And he was right!

Does Ryan Now Agree with Gingrich?.

Blog: Dems risk government shutdown so they can fund Democratic-linked ‘slush fund’

Blog: Dems risk government shutdown so they can fund Democratic-linked ‘slush fund’.

And then say the Republicans are playing politics by not voting for the disaster relief! Emphasis mine. –rhl

The Senate Democrats are playing a high-risk game at America’s expense. They are refusing to vote for a House-passed continuing resolution to assure the government stays operating after October 1st. They will pin the shutdown and financial chaos on the Republicans. But what is their real goal? They want to ensure continued funding for yet another “green program”. But this one has had two big beneficiaries that are linked closely to two Democrats people may be familiar with: Al Gore and Joe Biden.

Blog: Dems risk government shutdown so they can fund Democratic-linked ‘slush fund’.

Sarah Palin on Crony Capitalism: GE & Solyndra

Sarah Palin in IowaView the article on Facebook

In my recent speech in Iowa, some eyebrows were raised when I took on our government’s enormous economic problems caused by crony capitalism. As if on cue, just days later President Obama selected someone who exemplifies a major crony capitalism problem to sit next to the First Lady when he delivered his “jobs plan” speech before Congress. He selected General Electric CEO Jeffrey Immelt as his honored guest.

Having grown up with great respect for GE thanks to stories my grandfather shared with us about his days working for the company and even meeting GE spokesman-at-the-time Ronald Reagan during a company event, I am saddened at GE’s leadership evolution. This corporation is now the poster child of corporate welfare and crony capitalism.

This icon of American industry is a company full of good employees who make some good products (and is the parent company of a huge media outlet), but GE is also a large American corporation that pays virtually no corporate income taxes despite earning worldwide profits of $14.2 billion last year, $5.1 billion of it in the United States. In fact, they claimed a tax benefit of $3.2 billion, meaning they received more of our hard earned tax dollars than they contributed. How is that possible? It’s because not only do they shelter their money from taxes, but they also get many tax credits, loans, government grants, and other benefits from the federal government that our smaller businesses couldn’t even imagine being able to profit from.

Read the rest of this entry

Why Haven’t We Heard More about ObamaCare?

H/T: Rep. Culbertson told me last night they have been bringing up ObamaCare monthly! So I googled and found this from Fox News:

Just because Congress spent the last several months locking horns over the debt ceiling doesn’t mean Republicans have forgotten how much they hate the health care overhaul. 

They haven’t. 

And when lawmakers return from break after Labor Day, conservatives are planning a renewed effort to chip away at the law. Read the entire article here.

DEBT CEILING: “Young Guns” Video Links & Article Link

From Washington Post –  Majority Leader Rep. Eric Cantor to our TEA Party reps:

“You have to get a mandate from the country that’s big enough” — control of House, Senate, White House — “to do what we want to do,” he recalled telling them. “We don’t have that kind of mandate right now.”

Great article with wonderfully encouraging insights. Liberal bias alert towards the end, but great stuff before then. CLICK HERE TO READ ENTIRE ARTICLE.

VIDEO: Peggy Noonon’s WSJ Interview with House Majority leader, Rep.Eric Cantor.

VIDEO 2: Sean Hannity’s interview (and transcript) with Rep. Paul Ryan.

MUST READ/PRINT – Revenues & Tax Rates: An Historical View from Heritage

Time for Lower Income Tax Rates: The Historical Case for Supply Side Economics is a 13-pg document (Heritage Executive Summary).

The first 2 pages are a summary; the final 11 pages contain historical data from the 1920’s and the Kennedy years which illustrate that low taxes brings more money into play in the economy and tax revenues go up. It ends with a great summary of why everyone benefits when the economy is freed of government intervention and theft.

I will be printing this out and keeping mine handy!

MUST READ: Origins of the Debt Showdown

From Washington Post –  Majority Leader Rep. Eric Cantor to our TEA Party reps:

“You have to get a mandate from the country that’s big enough” — control of House, Senate, White House — “to do what we want to do,” he recalled telling them. “We don’t have that kind of mandate right now.”

Great article with wonderfully encouraging insights. Liberal bias alert towards the end, but great stuff before then. CLICK HERE TO READ ENTIRE ARTICLE.

Rep. Brady votes in support of Bipartisan Budget Control Act; Then Says “Enough is Enough?

Though we have to ultimately decide on Rep. Brady’s merits based on ALL of his decisions, listen to this interview re the Debt Ceiling Bill. It is true that we don’t have the votes to change things on our own, and the dems are intransigent in their dedication to policies that dine on the Golden Goose while expecting to continue collecting the Golden Eggs after her demise.

Peggy Noonon’s WSJ Interview with House Majority leader, Rep.Eric Cantor.

Potomac Fever Strikes Again.

Rep. Brady should start making plans to head home for a Texas-sized reality check, if not for good…

[Bold-face emphasis, not the words, is mine (rhl)]:


Washington, D.C. – U.S. Congressman Kevin Brady of Texas, the top Republican on the Joint Economic Committee, today released the following statement after voting in support of the bipartisan Budget Control Act, which will cut spending, advance the cause of a Balanced Budget Amendment and prevent America from defaulting on its obligations.  The measure passed the House of Representatives 269- 161 and will go to the Senate tonight.

“Enough is enough. Washington must stop spending and learn to live within its means.”

“Without this Budget Control Act the federal government would keep growing to over 23% of the economy this decade; with its passage the government shrinks to 21.6%. That’s the direction President Reagan took our nation, and the economy grew strong.

“Today we cut government spending by the size of the stimulus. This fall we cut it again by the size of ObamaCare. That’s a start, but hardly enough. I will continue to fight as long as it takes to stop heaping more and more debt on our children, and until we force Washington to balance its budget.”

Thank you, Rep. Poe! Call, Email, Visit His KW Ofc TODAY, Tues. 8/2/11, noon (MoveOn Alert 2)

U.S. Rep. Ted PoePlease thank Rep. Poe for his principled vote yesterday, Mon., 8/1/11 to  REJECT the Debt Ceiling Compromise bill. The letter that the TEA Party sent to Rep. Poe is below–with the reasons why we asked him to reject the bill.

Please stop by his Kingwood office Tuesday at noon if possible, go sign in and ask Kristin to thank the Judge for us! Thank him for following our good old American values of not spending our children’s and grandchildren’s livelihoods away. It is immoral to place generations as yet unborn under slavery to a debt they did not incur.

MoveOn.org is once again targeting all of our Representatives today, Tues. Aug. 2,

who are standing for fiscal solvency at a time when so many Americans think it is right and just to take increasing amounts of other people’s money to spend on others at an astronomical rate that is unprecedented in my lifetime if not all of history. Those who are trying to spend us into obscurity may be stopping by his district office, calling locally AND in DC. (MoveOn sent out an email to that effect.)

You can email Rep. Poe here, and his office numbers and Kingwood Office address follow:

WASHINGTON, D.C. OFFICE:

  • (202) 225-6565
  • (866) 425-6565 toll free

KINGWOOD OFFICE

  •  1801 Kingwood Drive, Suite 240
  • Kingwood, TX 7733
  •  (281) 446-0242
  • (866) 447-0242 toll free

NEXT MEETING: THURSDAY, 8/4/11 Spring Creek BBQ, 7 pm MAP.

Come early to be assured a seat & dine with us! Click here to RSVP.

Welcome TX Rep. Brandon Creighton on TX Sovereignty & Larry Lane on the TX Gallop Straw Poll that just might put Texas back non the electoral map.

Letter sent to Rep. Poe

KWTP Letter to Rep. Poe sent yesterday, 8/1/11 The Kingwood TEA Party once again asks you to REJECT the compromise budget bill, but even more strongly this time. Most of our reasons remain the same, but our request is much stronger now because of the threat of severe cuts to the Military.

I. The cuts to the Military which the President is overextending are too heavily weighted. Half of the cuts are slated to come from across the Board programs PLUS Entitlements, and half from the Military which is one of the FEW Constitutional responsibilities of the Federal Government.

II. Acceptance means we are accepting the false budgetary assumption which defines the budget baseline as swollen budgets including TARP, QEI, & QEII budgets PLUS projected increases instead of true baseline budgeting. By SUPPORTING this plan, we’d be giving the democrats a new definition of “necessary” baseline spending, and as a result this bill will become one of the single largest debt bills in history, if not the largest. See my slideshow commentary. NOTE: It was written before I knew about the Military cuts. rhl)

III. To avoid higher interest rates the S&P rating service says $4 trillion would be a “good start” or minimum amount to stave them off. With its inflated budgetary baseline this plan provides cuts in the rate of growth of around 2 trillion and doesn’t even come close to $4 trillion worth of real cuts to the pre-spending spree budgets. Interest rates are still probably going to rise even more than they probably would have. The slated cuts (most likely from the rate of growth are nowhere near the $4 TRILLION needed to stave off the lowering of the credit rating by Moody’s and S & P.

IV. Cuts down the road still are NOT balanced out by the promise of cuts years down the road and a vote on a balanced budget amendment. It might never happen and if it does it could be used to justify ever-increasing taxation. This panders to Congress’s overspending habit; it does not decrease the SPENDING SPREES which put us in this position to start with.

Compromise isn’t giving them what they want and accepting in return promises that may never happen. That’s capitulation. Capitulating now means giving them the victory of setting the parameters and defining the terms even though they are absolutely wrong. It allows the American people to think that this is sound policy when it is really destructive policy.

Considering the possible repercussions to this bill, we need to stand tall and tell the American people the truth about this bill and its underlying premises. We are still giving them real money now as they refuse to reciprocate and give us the needed real cuts in spending now. It is time to stand on the facts.

Republican governors who have cut taxes and spending are seeing job creation; it would work on the federal level as well.

For all of these reasons, the Kingwood TEA Party continues to strongly urge Congressman Poe to REJECT this plan.

A Balanced Approach – A Commentary by Robin Lennon of the Kingwood TEA Party

Robin Lennon of the Kingwood TEA PArtyA commentary by Robin Lennon of the Kingwood TEA Party on the so-called “Balanced Approach” the President and the progressives want us to take in solving the debt crisis that was made astronomically worse by their failed economic policies.