(CNN) – In the weekly Republican radio and Web address, Rep. Jeb Hensarling of Texas takes President Obama to task over the size of his new budget proposal.
“The numbers in his budget are simply breathtaking: a record $3.8 trillion in spending, more than $2 trillion in new job crushing taxes, not to mention a tripling of the national debt – on top of the largest deficit in our nation’s history. Interest payments alone on this debt will set us back roughly $6 trillion over the next decade – that’s about $50,000 per household," Hensarling says in the address.
Full transcript after the jump
“Hi, I’m Congressman Jeb Hensarling of Texas; I serve as the number two Republican on the House Budget Committee. Some of you may have seen me on television last week when I had the opportunity to ask the President if his new budget would once again triple the national debt and dramatically increase the cost of government to 25% of the economy – up from its traditional 20%.
“You may recall that the President declined to answer the question last week. But he has certainly answered it this week by submitting a new budget that does just what I feared.
“The numbers in his budget are simply breathtaking: a record $3.8 trillion in spending, more than $2 trillion in new job crushing taxes, not to mention a tripling of the national debt – on top of the largest deficit in our nation’s history. Interest payments alone on this debt will set us back roughly $6 trillion over the next decade – that’s about $50,000 per household.
“Now, you’re probably like me and believe, in America, you ought to work hard today, so your children can have a better, more prosperous tomorrow. But with this budget, it is like Washington has said, ‘let’s let government live easier today, so our children have to work harder tomorrow.’
“You know, it was about this time last year, President Obama and Democrats in Congress promised that if we passed their trillion-dollar ‘stimulus’ bill – and grew big government even more – that jobs would be created ‘immediately.’ [and] they said unemployment would remain below eight percent.
“Well, Republicans stood on principle and offered a better alternative that, according to an analysis developed by the President’s own economic advisors, would have created twice the jobs at half the cost. But, Democrats chose to go it alone and jam through their ‘stimulus.’ What did the American people get? A bill for $1.2 trillion and 3 million more jobs lost.
“Americans are still asking, ‘where are the jobs? Where ARE the jobs?’ But all they are getting from Washington is more spending, more taxes, more debt and more bailouts.
“Now, when it comes to budget matters, I usually find myself agreeing with about 80% of what the President says, but I DISAGREE with 80% of what he does.
“While the President’s budget rhetoric gives a nod to reducing the deficit, he punts the problem to a ‘commission’ that does not yet exist, and whose recommendations may never see the light of day. We have to do better.
“Additionally, President Obama’s proposed spending freeze unfortunately is not really a freeze at all. It exempts 86% of the federal budget from the freezer, does not turn on the freezer until next year and then turns it off shortly thereafter. In fact, when you run the numbers, the President’s idea of fiscal responsibility unfortunately amounts to choosing to grow government by 49.01 percent over 10 years instead of 49.27 percent. We have got to do better.
“Serious fiscal responsibility requires more than just tinkering around the margins. Republicans have proposed adopting strict budget caps that limit federal spending on an annual basis and are enforceable by the President. These caps were a critical plank in the fiscally-responsible budget alternative Republicans proposed last year and yet they are notably absent from the President’s budget.
“The federal budget must never be allowed to grow faster than the family’s budget ability to pay for it. You can learn more about our better Republican budget solutions on the web at solutions.gop.gov.
“So, you pile up all this Democratic spending, all their borrowing and all their debt, you add it to their government takeover of health care, their ‘cap-and-trade’ national energy tax and their continued bailouts – is it little wonder that job growth is lagging in our economy? Small business owners and investors tell me every week, We’re not taking the risk to start or expand our business in this climate.
“We cannot continue on this reckless path, and the American people know it. But now it’s up to Democrats in Washington to listen and change course. We’re willing to work with them, but we will continue to stand on principle, we will oppose more reckless Washington spending, and we will fight for better solutions that make government live within its means. Our budget plan will help create jobs, prevent a fiscal calamity and give our children a brighter economic future.
“Thank you for listening.”
From CNN Politics
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It's like the GOP giving the banks Carte Blanche.
The GOP has no budget concerns except to place a barrier in front of the President at every turn, regardless of what his budget is.
After the previous administration's gutting our treasury and taking us to the brink of depression, it is amazing to me that Republicans have the audacity even to bring up the subject.
And to think we thought George Bush was a big spender, he can't touch obama and we can't afford three more years of his spending.
No one in the history of the United States has spend so much so fast as Obama. He will be remembered as the American Nero.
As usual, the repugs gloom and doom however, they never have a solution, just the same smoke and mirror, tax cut for the wealthy and all others fend for your self.
Hey, the man's right on. More should listen to him.
Politics as usual. A proposal to freeze all discretionary spending for the next 4 years – which is what the Obama budget recommends – feels like it would have been designed by the Reagan administration. And yet, the Republicans are pouncing to declare it inadequate.
One of two things are going on: 1) The Republicans simply are using the strategy of block, obfuscate, delay, and lie about anything associated with this administration or 2) the ideological right wing extremists have now so thoroughly overtaken the Republican Party that it can no longer remember that THEY would have recommended this very budget not so long ago. Perhaps it is both.
Can you just imagine....Republicans having NOTHING GOOD to say about the budget! Of course the NO party has nothing to offewr on ANYTHING. Losers:)
People no matter if they are democrats or republicans had better take aim at this budget; we cannot continue this out of controll spending and expect our country to survive. I could care less if the president is a democrat or republican this spending has got to stop and stop now.
Okay – SOLVE the countries problems with NO MONEY!!! GOPers must really believe that President Obama is JESUS – more than the voters who put him in office believe!!!
I voted for President Obama because I truly believe that he WILL get us out of this deficit – not because he was JESUS!!!
“We cannot continue on this reckless path,,, it’s up to Democrats in Washington to listen and change course... will fight for better solutions that make government live within its means..."
What do YOU suggest??? You are FLIPPING and SPINNING when you say Democrats need to listen – how can they LISTEN when you suggest NOTHING!!! How do YOU propose fighting for better solutions and NOT spend any money in doing so????
You GOPers really get on my nerves – just like the health care plan – you have one that requires NO MONEY to be spent – Bull-CRAP!!!
Hey Dummy – It was your party under the Cheney/Bush administration that drove the economy into ruins with your solution to everything – tax cuts – and your testosterone overloaded cowboy foreign policy.
Can we please give Texas back to Mexico and rid ourselves of the tiny-brained ideologues.
This clown has become the biggest company owned liar here in Texas.
How many spending bills have you voted for? Talk is cheap, it takes money to buy whiskey.
Congressman Hensarling, You have my attention...what specifically do you want to cut from proposed budget?
Send the budget back with notes. This is ridiculous! A moratorium on spending needs to be applied to this budget. We can't buy our way out of debt. Start by freezing Congress' pay, Nancy Pelosi's jetting parties, and WH and Congress' pushing their agenda on American tax payers who don't want it. Who works for whom anyway!
According to Nobel Prize economists, it was the ELEPHANTS' policies of the last 8 years, that killed AMerica. Their policies did nothing for us and left us 5 trillion dollars worth of debt.
By the time, Obie took over, he had to deal with an economy, that was pushed over a cliff.
At this point in time, we need Nobel prize economists to draft economic policies for Obama. We DONT NEED MORE OF THE SAME FROM THE ELEPHANTS...
I love this idiotic thinking. One day I will talk about raising the budget ceiling to 3.8 tril but then next day I want help lowering the deficit from the party that didn't spend us into bolivian! Who ever voted for this community organizer should have their heads examined!! What I think is really funny is the ones that voted for him (the majority) young adults & black people & dems. Now they get to pay for it long after I am gone so you will no longer get my money!!My son was happy because he thought he would get free health care, then he found out how much it would cost him. Then he only had to claim anything over 2400.00 on his unemployment, He said see Obama is doing something good> I had to explain to him that it was his money that did that!!! No response on his end!!
We have heard these same empty promises from the GOP before. They say they are for Smaller Government, lower spending and individual Liberty. But their action say otherwise.
When will you folks open your eyes and recognize that there is no difference in the two major parties. These two parties the Democrats and the Republicans have a monopoly on our government. I sure both sides will love bashing each other over this, but the truth is there is no difference if you vote Democrat or Republican Liberal or Conservative. We will get the same we have always received from big brother, the people who can attract the billions required to be elected are not getting that money from the people. Both of these parties are bought and paid for by the Special interest groups, PACs, Unions, Wall Street, banking, global Corporations are all contributing billions to re-election funds that undermine the people's representation
I say in 2010 ask who is funding your representative? Look to see where the money is coming from? If the money comes from outside your district then who do you think they will represent if they are elected or re-elected? We need to bring these professional politicians back into line.
Think if they are in office then vote them out no matter what party they belong to this fall, and in every election after that until they return to being servants of the people once more.
IT IS ABOUT OUR FREEDOM AND LIBERTY!
Please, Please take a look at the Libertarian platform again. If you truly want truth, justice and the American way, you will need to join us as we make these very unpopular choices to save our Republic from extiction.
Huh, it was your policy that made this recovery slow. Obama was dumb enough to give 50% tax cuts away. He could have use that money to fuel green energy and we would have taken off by now....
America, the country that got rid of Deming. Deming went over to Japan and made Japan #1 in quality.
America, the country that did not vote for Gore and voted for W, now we are in the ditch.
GORE COULD HAVE MOVED US TO THE JETSON AGE. NOW, WE'RE DEEP DOWN THE OIL PIT WITH THE ELEPHANTS, WHO REFUSES TO MOVE FORWARD...
He is just another GOPer with no solutions, and can only comment after the President makes a speech. That's because the GOP has no plans, and no clue.
What a lying piece of Republican garbage. I hope the GOP and any mental midget that supports them enjoys their time burning in Hell for eternity for their crimes against Americans. With their denial of health care reform, they are responsible for the deaths of nearly 50,000 American deaths each year, a stat that they and Al-Queda are both proud of.
Mr. One and Done Obozo the Liberal Clown is a joke. Thank god that him and the rest of the American Al Queda will be thrown back into the cesspool they crawled out of soon enough. Maybe they should move to Pakistan and join the jihad. They would be fighting a common enemy, America.
Instead of taking aim at his budget, why don't YOU come up with a realistic budget that actually contains the price of two wars. The reason why President Obama's budget is so high is that he is actually including the cost of the wars. Why didn't you people feel this way when the nation started to slide under Bush? If you had a budget plan that would create jobs, why didn't you present it to Bush when these job losses started???? Now, all of a sudden, you're so smart. You make me sick.
It sure would help if the GOP were to get objective facts rather than deal with political bias noise. Yes, the deficit is up, but why? Because (a) inherited problems and deficits, and (b) real needs for action to save the country. George W. Bush added over six trillion to the deficit but that seems to be O.K. Hmmm. The country's financial system melted down in September 2008 before the election, but that was O.K. Hmmm. The GOP continues to refer to the 8% unemployment limit, which was stated by Obama, but wasn't that a few days after taking office, and based on info given by Bush's administration? Hmmm. And the platitudes – specifically what actions would he propose? Hmmm.
I am sick and tired of all the back/forth of the constant bickering between both parties. I watched C-Span last night in regards to the the President's FY 2010 budget. I found the meeting pretty much a blame game of who had the the most spending on their watch. Chart after chart illustrated that it's true under the leadership of former President Clinton there was a budget surplus in which former President Bush squandered with (2) wars not pd for, tax credits in 2001/2003 for the wealthy americans, Medicare part D?? (also not pd for). These are undisputed facts. Now the Repubs say they have the magical answers; please cry me a river. I seen what Repub policies have done to affect my bottom line and it totally sucks.
Here is the Repub's plan to counter the presidents:
1. Extend the current Bush tax cuts
2. Offer Medicare vouchers for individuals approaching 55 to pay for their health care. (Basically, eliminate Medicare)
3. Eliminate the capital gains tax, estate tax, payroll tax
4. Less regulation on Wall Street
5. Privatize Social Security, etc, etc
6. Shift tax burden from employer based health care to individual
If this is the counter proposal–NO THANKS
It's time for America to emerge as the Super Power that She has always been but we will never achieve success if we as American's can't come together to solve these problems. I honestly, don't care about the fight over big vs small government. I just want a 21st century government that is willing to work for the PEOPLE who elected them to do so. If not, let's vote them all out.
It's time to wake up and come to terms that the World is ever changing and we need to change with it. Partisan arguments from the last decades really don't advance the progress needed for the severity of problems we are facing today. Yes, we can learn from the past triumphs/mistakes but we need FRESH, BOLD, and PRAGMATIC ideas in order to do so.
and the GOP solution is..............?????
No doubt the brainless Obamatrons will respond with whining about deficits under Bush. Yes, they were bad, but does that give Obozo a blank check to have an annual deficit triple that of the worst Bush deficit? Of course it doesn't, but that won't stop the tax and spend liberals from destroying us.
Thank You Congressman Jeb Hensarling.
yes, the numbers in the budget are breathtaking – and we have the GOP and Bush to blame for it.
Republicans should have thought about this when they were voting for two unfunded wars, an unpaid for $250 B tax cut for the rich and a $450 B unfunded Medicare drug program. My dog has a longer memory than these folks. Quit saying "NO" and start governing.
This is what happens when we're in a recession/depression. The only entity large enough to actually stimulate a depressed economy is our government. Republicans know this, so their faux outrage is a laughable. ( Maybe large tax breaks for companies that ship jobs overseas, as well as the wealthy, as well as throwing out regulation that kept economic meltdown in check hurt us. How soon they forget. How incredibly convenient for the party that revises history to suit their narrative.)
And where was the outrage when Bush produced budgets for nearly 7 years without the wars first in Afghanistan and then the illegal war in Iraq included? It's ok if you're a Republican, right? No!
they say that the previous administration was to blame. that is getting old. the figure that bush left 1.3 trillion is wrong because alot of the money was from tarp and once that money from tarp was paid back which it was,it was suppose to pay the debt "not be re-spent " . the obama administration spent it. and they continue to spent the most recent money from tarp. they are not listening to the american people, but they will in november when it is a little to late.
Uncontrolled federal spending is rapidly propelling the United States to a fiscal situation similar to where the country of Greece is right now. And not far behind Greece in dire financial condition is Portugal, Italy, Ireland and Spain. France and Belgium are also not doing well.
The common thread among these countries are that they have been under the control of liberal/socialist governments who would not restrain their spending programs. Perhaps the Obama Administration and the Democrats in Congress should take a long hard look at Europe before they drive us furhter into debt.
Let me guess: Republicans now say they're concerned about spending and debt.
Right.
What a crock of B.S.
Pres. Obama already destroyed all of the GOPs campaign talking points – and it's not even campaign season yet.
Any sane economist will tell your the failed economic policies of the GOP are what caused this recession.
And you can't fix a problem using the solutions that created it!
All you gotta do is take ECON 101 to understand that during a recession, you need a stimulus plan (ie. spending plan) to keep the economy from collapsing.
These GOP have been selling the American people a bag of B.S. because everything they says sounds good for re-election but makes things worst in reality.
Another GOP moron.....
What increases in taxes? There haven't been any.... Another GOP LIAR
Oh Please!!! The republicans are the reason we are in this mess. They were handed a budget surplus in 2000 and what we are experiencing now is their doing.
They have no room to lecture Obama.
Where was their concern, their outrage and their contempt when George Bush was destroying this country economically (not to mention our image)?
Hypocrits...
Most of what he said was factually wrong as well....
I think that is a serious question about small biz. Is not like they don't wanna hire or take big chances, but the climate it is now, why are they gonna be bold and take opportunities if their efforts to do it have failed so far? Don't pressure someone to do a mans job unless the man knows how is working for him.
I read a good opinion about how our Pres is doing the right thing, helping small business and pursue towards them, but should let the SMA(Small Business Administration) get in the action. That's a very good way to say it, a heck of a good way. I think our Pres might as well tell em to go start hiring just like he did to the big boys at Wall St...by the way, being a bully ain't gonna get you nowhere, especially if you haven't showed tendency and consistency.
So I agree that our Pres should see was up with the SMA. Small business account for over 50% of innovation and we know now, innovation is not what they are doing. If giving them more money is gonna make them more innovative, the wasting more money is gonna make them more conservative in this environment. It just doesn't make sense, that's my opinion.
But for real, he has to do something about the debt, or national debt. Is way too high and is unacceptable for our future generations.
I think he has a right to his opinion. What I am worrying about is , who will take this guy seriously. There are too many right wing nuts running around. There are probally too many left wing nuts around without barriers.
I think it is high time that the politics of "we say, they say" is ended.
There should be a neutral referee organization to fact check numbers and claims presented. In its absence Republican-leaning people will merely believe them, and Democrat-leaning people will merely believe them. In the absence of credible statements, Independents will merely believe that the entire apparatus is broken.
Someone neutral must run and report annual statistics (budget surplus or deficit, trade deficit, unemployment percent, monthly jobs created or lost, and so forth) to demonstrate the continuity, or connectedness year after year, of the performance of our economy. In that way it will make it clear that the measures being taken now address a situation that was generated before.
For example take monthly jobs created or lost: this shows that the highest number of monthly jobs lost occurred in January 2009. Ever since the trend has been a reduction in the jobs lost each month. At this time the jobs lost is a small number, and it signals a time coming very soon when jobs will be created.
It takes a long time to turn around a complex system such as a national economy. The monthly jobs lost/created statistics over the last year show that the economy has indeed been trending in a favorable direction.
Now this is funny, a Red giving a lecture on something he knows NOTHING about, fiscal responsibility.
Otherwise, there would not have been two wars funded "off the books" and a tax cut all at the same time.
These cons were either drunk or passed out during Econ 101!
WHEN is the GOP going to become citizens of the United States and cooperate with ALL of us here in this country, not just with othe politicians?
He was right on with everything he said. STOP this president who through what some call lofty speeches (I see them as a guy telling us one thing to look good then doing the opposite) from spending us into third world status. Stick to your guns GOP and make OB balance the budget.
Why didn't the Bush admin put the 2 wars in the budget for the 7 years that they could? Where did all that cost go? did it evaporate into thin air? Why weren't we asking then? I'm just saying...
"The numbers in his budget are simply breathtaking" This should have been breathtaking 2007, 2008 when Bush was in office. I hope you know Bush did not pay any of the spending he did while he was in the office he just gave you fat cats tax cut. Why don't you give back some of the money Bush gave you it would help a little.
Bush's budgets were outrageous, now Obamas are even worse. Until one of the two parties get serious about cutting spending, the people will keep kicking them out of office. We should have a budget this year that cuts every program including Defense and Social Security by 3%....then raise everone's taxes by 3% (rich and poor!). What you will find it with that formula the economy will do just fine and the deficit will be 30% less than the current Obama proposal. Do this for 4 years in a row and we'll have a balance budget, a strong economy and President Obama would sail through re-election and go down in history as the most responsible President in history! Will he do that? Probably not. We need smaller, smarter government.
Coming from the party that inherited a surplus; took us to two wars, gave the wealthiest 1% a tax cut and prescription drug plan that they never put in a budget!???? Puh LEEEEzzzzzzzz.
I am tired of the LIES this party puts out that can be easily proven a lie. At least in the good ole days politicians were sneakier.
REPUBLICAN PARTY BUDGET OF 2000-2009 = WHAT BUDGET?
Its not surprising that once the RepliCONS is against the President. That will never change. They will keep disagreeing with him until november with the hopes off get the Majority back in both the Senate and the House. I just hope that the American people are paying close attention to what they have been doing from the start and give them a MAJOR disappointment in November. if not, it will be BUSH policies all over again.
It is really easy to criticize, but where are their suggestions? They will blame the current administration for not listening. There are other ways to get their message out if they really have constructive solutions. Obviously, they don't.,,or the suggestions would be out there for the public to review.
Most of us by now should realize that Limbaugh is missing a few cards from his deck. We should totally ignore him, and not waste our time mentioning his name in any format, as though he does not exist. Mentally, he does not exist.
I'm so sick of the news outlets refusing to do their jobs. How about instead of just reposting the inaccurate talking points of a partisan hack like Jeb here... how about some context about whether what he's saying is actually true?
It's not hard to fact check this stuff CNN. Do the same thing for democratic talking points too. Y'all wonder why voters are so uninformed, it's because news outlets have gotten so lazy they'll repost anything and consider it 'job done'.
At Least this proposal considers the cost of our war. Bush never included it in his budgets. And this budget also takes into consideration the fluctuation in future income. no budget in modern time has done that.
So, Senator critize all you want. At least this proposal, with its wish list, is based on real math
The GOP has worked against and obstructed anything and everything. They have lost all concept of what they were elected to do and in the process destroyed any honor and integrity they ever had.
With their goals to destroy our president, protect big business and win at any cost they are destroying, sacrifing us and our country.
The republicans are well on their way to becoming our most dangerous domestic terrorists.
Where was the GOP when their president created the worst deficits in history with his war based on lies? The party of NO is also the party of no memory. All they can do is complain, deny and obstruct.
He is admittedly number two. He said so. I agree. HA.
How can you accuse the christians of opposing something to help businesses and little people? The republicans would NEVER lie, they would never criticize something helpful to the people. Say it ain't so. (yuck – I'm gonna throw up now).
The GOP has nothing more to do but complain, but never have a solution to a darn thing. Good grief people the GOP is acting like a bunch of children. always wanting to play the victim
A republican criticizing President Obama? What a surprise!
Notice how everything he proposed helped "OUR" ..............
That's right, it's all for the wealthy old republicans and their worshipers. Not for US
Health care reform, aint happening. Cap and trade, won't make it out of the senate, continued bailouts = free money to small business.
Those small business owners who are telling this guy they won't take the risk to start or expand their business are just helping out someone else who will.
Also, are republicans really serious about shrinking government this time? Their record doesn't speak well for them.
These domestic terrorists will stop at nothing to bring this country to it's knees even further than G.W. Bush did...what a waste of human flesh.
And just where nin the hell were you when the idiot bush was spending america down the drain. stupid republican.
It's too bad that the Republicans hadn't wanted to practice fiscal discipline when George Bush took office in 2001 and during his presidency. Things were looking pretty good as Bill Clinton left office and then the Republicans took over. They raided the federal budget like a drunken gambler going through his inheritance. If they had practiced fiscal responsibility, we might not be in the fix we are today. Of course, if they had practiced fiscal responsibility, George Bush might not have been reelected in 2004. Liberals are accused of taxing and spending. Conservatives, when in office, can be accused of spending and putting it on the tab.
I am bewildered – where were all these people when George got us in so much debt – not a word. I think most of them are so angry a black man is in office-but they would never be truthful about the reason.
Where where these people during the last eight years of spending this country into debt with the – ONE TRILLION 300 Billion- which we find ourselves trying to Dig out of now !
The two wars that bush started were not even in his budget....
They are trying to rewrite history now which isn’t to difficult as Most Americans have an attention span of about three days.
as far as I can tell, the only real concern the republicans have is ... trying to badmouth our president.
nothing else. no work towards a better country, no plausible ideas on any front ... just complaints about the opposing party.
if my congressman/representative does that sort of thing i will vote them out of office every single time, I don't care what party they belong to, that is not acceptable behaviour.
The GOP is really funny! All the concerns about the budget! Especially since Rep. Hensarling did get an answer that was quite eloquent from the President at that meeting. But, they just do not want to understand. Rather, repeat and repeat the sad fact that it will cost…Cost to bring back America after what it has been through in the Republican CONSERVATIVE time. The time when the GOP run such a "tight and surplus" budget.
Coming from all the guys who approved all of Bush's budgets and who don't mind loading up millions of dollars in pork for their own states, these statements are laughable. The Republicans need to grow up and accept responsibility for driving this country into the greatest economic crisis since the Great Depression. Considering that their policies got us here, all of these Republican politicians need to sit down and shut up.
Of course the Grand Obstructionist Party is going to find fault with every little detail of what the Democrats propose, even if they would otherwise agree with it under a Republican administration. All the Conservatives want to do is obstruct and prevent anything from moving forward.
Can the economy and the people afford this kind of obstructionism? I don't think so. Vote Progressive 2010!
Well if it ain't 'May i call you Jim Hensarling"
The republicans made the bed that we are all forced to sleep in, it is the fundamentaly flawed policies that they are responsible for that continue to increase the debt. Regarding the stimulous, they are talking out of their ass and still playing political games, hell McCain talked about the need for a stimulous during his campaign and most republican economists agreed to the need of such. Much of the stimulous went to extending unemployment benefits, what did you want these people to starve? Regarding taxes, reverting from the Bush tax policies that favoured the elite and not the common person is just common sense and the public made their opinion on this quite clear when Obama was elected.
Considering recent election results, our nation may be spared the ultimate devastation that would result were President Obama's Robin Hood economic policies and socialistic agenda to continue for eight years.
However, citizens who are rational about work and money need to remain as active as they were just before the election of Senator Scott Brown.
Blah Blah Blah, the Repukes can throw numbers around and make numbers up all they want, spin, twist, lie...it's the only thing they're good at, the proof is what we have endured through this recession that started in 2007.
Start passing bills using Executive Power and 50 + 1.
Let them cry all they want, we start using our power and we'll have everything on our Agenda done by August. Just roll right over 'em!!!!!
to the congressman jeb of texas; i've tried to get the prez to put this nation on a diet. and to trim nasa's budget some more since gov. perry declined the stimlus money. all you red states that have lived high on the hog while bush 1 and 2 ran the show is doing OK. if the president would reroute that money for nasa and put it into the HIGH SPEED RAIL PROJECT for around the country.... would be fine w/ me.. also i would recruit the people in japan or france or britan to consult on how to build and complete this job. union workers in the US would have to set this one out , because they would turn the rail project into the boston tunnel dig times 3 as far as cost... this country is its own worst enemy.
If Obama issued a proclimation that the Earth is round I'm sure Mr. Hensarling and the rest of his lockstep republican cronies would vigorously oppose it. Where do these people get their "facts"??
Why wasn't this idealogue saying this while the Republicans were destroying our economy? He helped the hogs to the trough, and now he and his cohorts have found fiscal responsibility. This is laughable!
I am confused. Republicans and Teapartiers want government out of their lives (no regulations, no taxes, no government, etc.) but THEY (repubs & Teapartiers) want President Obama (the government) to erase the budget deficit, that they created with their tax-cut and spend policies over eight years, and create jobs, that they ran offshore with their trade policies during the same period. And don't forget, the republicans controlled the house and the senate from 1994 to 2006, so why didn't they do those things that they want this administration to do? Those policies didn't work for Reagan, they didn't work for Bush 41 or Bush 42. So, what makes them think their "fiscal conservative policies" will work this time? President Clinton, a DEMOCRAT, balanced the budget inspite of republican opposition. So republicans, please take one giant step back and let President Obama and the Democrats get us out of the mess you made.
More corrupt spending and debt than in the history of the world! What can you say. Obama and the Democrats are taking us into the ditch at 100 miles per our. We are all going to pay and pay and pay and pay for generations!!!!
Given the Republicans' track record, I'm sure Rep. Hensarling's comments are filled with distortions and outright lies.
I would also like to remind him and everyone else that GW Bush took the Clinton surplus and turned it into a huge deficit.
8 years of Bush/Cheney policies – including irresponsible tax cuts for the wealthy during wartime – resulted in:
- a global economic meltdown
- two arrogantly and naively waged wars that are huge recruiting tools for the enemies of the United States
- a world community largely unwilling to help us because of the Bush arrogance and use of such abhorrent tactics as torture
- a polarized American populace
In a word, Hensarling and the Republicans don't know diddly squat about anything except saying "NO".
The GOP should keep its pie hole SHUT!
After you clear away GOP hysteria, we find the only countries with lower tax rates than the U.S. are Finland and Iceland. I was going to move to Finland for the lower tax rate but the only health care there is for reindeer.
What don't the Republicans take aim at when it comes to President Obama. Same old, same old NO from the Republicans.
"Our budget plan will help create jobs, prevent a fiscal calamity and give our children a brighter economic future."
Is this the same kind of budget you had last year? Glossy cover, lots of press coverage, but no actual numbers (you know, like a plan for the dollars you plan to collect and spend, kind of the definition of a "budget")?
What is your plan? More supply side economics? that worked so well in the 80's and 2000's, right?
Does it ever, ever sink in to you all to look at history. Actual history, not what you want it to be. The 80's, Reagan cut taxes his first year in office (and raised them every year thereafter). If you will remember, in 1984, unemployment was more than 10%, interest rates were 16%? What was, at best, a meager expansion brought then unheard of debt to our children.
In the 2000's, W cut taxes, ran up astronomical debt, and drove us full speed to September, 2008, when every credible economist said we were on the brink of collapse. We are now in the worst recession since the great depression. It started in March, 2007, almost two years before Obama took office (yes, I know, it is his fault. Don't blame bush!)
In the 1990's, when the 1992 democratic congress and Clinton balanced the budget, it led to unprecedented economic expansion and our budget running the first surplus since 1969.
Can we connect the dots? Fiscal responsibility = paying our bills, and if we want smaller government, actually cutting the government. Republican tax cutting and increased spending is a train wreck, as Reagan and Bush proved. Fiscal responsibility, under Clinton and the Democrats, leads to growth.
It is actual history. Right there in the books for anyone who cares to read it. Oh, right. Neocons despise educatin', readin', any actual knowledge.
George W. Bush created over one trillion dollars of deficits to fight the unnecessary war in Iraq (all the money appropriated for Iraq is NOT counted in the budget), most of which was channeled to large private corporations...and NOT ONE REPUBLICAN SAID ANYTHING.
Jeb.....Support the President. Things are getting better and you republicans know it!
GOP has zero credibility on fiscal discipline. They spend just as foolishly as the Democrats do. They just spend on different things.
Because the budget includes two wars,which the rescrubs hadn't included in theirs 8 years ago
I am so sick of hypocritical Republicans whining about the budget, the deficit, and government spending.
Under Bush they wasted trilliions of dollars on 2 fraudulent wars, tax cuts for the wealthiest Americans, and perks for corporations.
Not one cent was spent for the benefit of the American People, unless of course you were rich, white, and part of their elitist club.
President Obama is not only cleaning up the disaster messes left by Republicans but doing everything he can to get money, funding, and programs in place to help Americans in desperate need of jobs, saving their homes, and giving them the right to healthcare.
All Republicans know how to do is criticize and obstruct. They have done NOTHING for the American People so when they start whining about President Obama – I just tune out the liars. They care nothing about anyone but themselves and are incapable of delivering a single new solution or idea to restore this nation. They were never shut out, they just didn't show up.
Whatever a Republican says is either nothing but a lie or unwarranted criticism. They are stuck on constant negativity and no work and it's gotten reallly old and they are totally useless to the future of our country.
My party the GOP just doent get it. Went to the site solutions.gop.gov and their so called solutions are recycled failed policies that along with the Federal Reserve caused this whole mess.
The jobs section is nothing but blaming Obama and no real solutution even mentioned.
The energy policy hinges on breaking into ANWR, and other policies to keep us on an oil based economy.
These bums need to be sent home and some real patriots sent to DC, patriots that will fight for the populus not banks, corporations and the oil industry.
Take action Now, become a delegate and give the people a real choice to vote for in November.
If only Jeb Hensarling could tell the truth. The budget presented by the President represents the result of years of fiscal irresponsibility by Republican Presidents and the Congress. President Obama is stuck with a structural deficit largely comprised of spending from the past eight years on two wars, a medicare drug program and huge tax cuts that were all unfunded. George Bush took a budget surplus and turned it into the largest deficits in history. If anyone is interested in the truth, look at the recently published budget and deficit analysis from the Congressional Budget Office and the OMB. It's easy to see how irresponsible 30 years of administrations, other than Bill Clinton, have been and why we are in the deep budget mess. The mess started under Ronald Reagan, was under control for a few years under Clinton and went completely off the deep end under George W. Bush. The budget crisis in now Obama's to fix, but he didn't create it in 12 months. It's been 30 years in the making, mostly at the hand of Republican Administrations and Congressional Leadership.
Obama's budget is the biggest oxymoron of all times...he and this coungress do not know the meaning of the word....we are in debt up to our ears to China....we need to quit spending $$$$ and quit printing it. We need for the federal government to reign in costs not exerbate them.
1. No one working for the federal goverment gets a raise.
2. The have to pay for their own health care.
3. Go thru and find all the fraud in medicare, medicaid and social security.
4.quit borrowing $$$$$$.
The "Federal government" is a misnomer. We have not seen much effective governing for decades. Although Obama has made good moves, the people who make our laws are bickerers, power mongers,
sometimes law-breakers. GOP is no more loved than the Democratic party. Why should we trust these ineffective people with our lives?
-“Now, you’re probably like me and believe, in America, you ought to work hard today, so your children can have a better, more prosperous tomorrow. But with this budget, it is like Washington has said, ‘let’s let government live easier today, so our children have to work harder tomorrow.’
First- this man probably NEVER worked hard in his life....as a reptili'con', he probably had the 'silver spoon' at birth!
Second- He should remember(but he purposly omits) that this budget is the remedy for the 'Bush recession'. Nobody WANTS to spend like this, but ECONOMISTS say it is necessary. We must defer to their 'expertise'!!
Third- Isn't he 'part' of government??? Doesn't he want his children to have healthcare(not the 'socialistic' healthcare he has as a member of congress)??? What is his solution??? Just keep the status quo and let the country fail???
Fourth- You cannot spend to avoid a recession and not raise taxes.....most intelligent Americans understand this!!!!
There is no defense or justification for Obama's 3.8 trillion dollar budget. Spending should be CUT NOW. Obama's plan to freeze a small portion of the budget a year from now as a deficit reduction measure is a joke. It is an insulting attempt to fool independents that he is serious about controling spending and deficit reduction.
This commission!! that you are now against was started by republicans. You only turned against it when Obama decided to support it. The jokes on you because Democrats didn't want this commission to begin with. We all know that when you talk about republicans wanting to cut spending, what you really mean is cutting Social Security and Medicare. You have never cared about deficits until now, in fact the republican response until we got a Democratic Administration was deficits don't matter. We know republicans care about their!! children, just not the average middle class children.
The party with no ideas of their own, is only waiting for the Democrats to say something so that they will have a chance to get some talking points with the public. Their mentality is to resist the ideas that President Obama has because they are resisting rallying around the President because their mentality is that they "tell" him what to do. Talk about transparent...
Thank you for reminding us about our current economic situation.
You forgot to mention (as usual) how the republicans plan to FIX this mess.....opposition to everything is about as helpful as a ship's navigator continuing to shout that the ship is going the wrong way.
WHAT YOUR PLAN????
Cutting taxes and government spending sounds great, show us some numbers of WHAT you want to cut......unless....you don't have a clue.
I know, you want to wait until AFTER the fall elections and you have two more years to drag your feet adn hope everything will fix itself.
I get tired of listening to republicans use the term "American people". I am an American person that worked all my life in public service and now that I am disabled, I can't afford health care. I don't ask where are the jobs but rather where did the jobs go? As for my children's future, I ask why did my son have to quit college during the previous administration because he could no longer get necessary funding despite the fact he is handicapped? As for being fiscally responsible, I ask why a record surplus turned to record debt? As for a family budget, I ask why workers went 9 years without a minimum wage increase when corporate execs were reporting record salaries? As for taxes, I never got a tax break during the previous administration but 2 months into Obama's term I got a break that now pays my home and auto insurance.
Of course, the Republicans voted AGAINST a "pay-as-you-go" bill that would've forced a balanced budget. Hmm, hypocrisy?
The same Hensarling lied about budgets during President Obama's meeting with House Republicans (see fact checking). Credibility please.
Rep. Hensarling also wants to put our seniors at risk with his disastrous proposal of privatizing Social Security.
Guess who gave us a deficit first .....the repub.....as the bible says "Take the beam out your eyes first so you can see clearly to pick the plank out of your eyes...remember bill clinton left a record surplus in the kitty....but you all went in and have a field day...but you all have amenisa...when it comes to that part...stop playing politics and get to work...vote them all out in 2010...every last one of them....and maybe they will take heed...that we tax payers are serious
Look, the Republicans are complaining again...Blah, Blah, Blah...
There was no real Republican plan. Remember the Republican budget that had pretty pictures and NO numbers! More politics from the party of NO. So sad!
Obamas budget.............ha, now that's funny. Spending us into oblivion is NOT a budget.
Small government a no funding to fight the Terrorists .. fight the Great Recesion.. and fight for jobs in te USA....Which is it Republcians.?. You want to give us all small governmnt to do all this?
Where was all this principle under Bush?
After he was publicly embarrassed and his comments demolished by the President in Baltimore, I'm actually surprised that Mr. Henserling would go for a second round.
I find it laughable and incredible that the republicans continue the "fiscally responsible" and "fiscally conservative" facade when history and facts prove that they have been anything but.
It's the same old drivel, promoting failed philosophies that landed us in this fiasco. And we're supposed to believe that they have the better way? Look at our reality. He must think we're as stupid as he is.
Sorry Mr. Henserling, I'm not buyin' what you're selling.
Raise taxes to pay for the wars. Take the pork out of the military. Tax the corporations that outsource jobs. Tax the banks to recover all the bailout money. Do not allow mortages to be tax deductable. Lower speed limits to 65 mph to save oil. Put a $100 FEDERAL tax on all speeding tickets. Sell "war bonds".
Jobs are lagging because the biggest companies that were bailed out didnt hire. They just paid bonuses to many of the people who created this mess. Stimulate and support local banks and credit unions.
Hank Paulson (President Bush’s Secretary of the Treasure) defined the GOP best in his speech on “morale hazard”. For the record per Hank Paulson, the catechism of “moral hazard” is, “if you bail someone out of a problem they themselves caused what incentive do they have the next time not to make the same mistake.” America ask yourself, who in their right mind would vote for the group that drove the country into the ditch for eight (8) years, and now two (2) years later they still have “no new ideas”? ….Simple! Simple! Simple! Just remember what Paulson said about the catechism of “moral hazard”.
BEWARE! BEWARE! BEWARE!…….In the 1980’s Ronald Reagan ushered in a new era in American economics as he cut the top tax bracket from 70% down to 50% and then down again to 28%. In order to get support for doing this from the people, and also from politicians, a very crafty set of lies were produced. As David Stockman, then Reagan’s budget director, put it: giving small tax cuts across the board to all brackets was simply a “Trojan Horse” that was used to get approval for the huge top tax bracket cuts. “Trickle-Down” was a term used by Republicans that meant giving tax cuts to the rich. Stockman explains that: There is no realistic way for "Trickle-Down" economics to work to increase the income of the working classes of America. In fact I am certain that the developers of the theory of "Trickle-Down" economics were fully aware of this and that "Trickle-Down" has in fact worked as intended. This means that the intent behind implementing "Trickle-Down or Supply-side theory” was to benefit the wealthiest Americans at the expense of working class Americans. "Trickle-Down" hasn't failed, as many modern economists have suggested, it has succeeded in its goals, which is the increase of economic inequality and the shift of a greater portion of America's wealth into the hands of the wealthiest Americans. And too there were tax increases in the “Trickle Down”, these increases fell mainly on consumers, low- and middle-income people. Sales and excise levies. Reagan didn't call these taxes. They were, in his euphemistic lexicon, "user fees" and "revenue-enhancers." The tax increases were to help minimize the budget deficit.
Funny that they failed to mention how we got into this mess..........They are hypocrites beyond belief!
Stop it already and start working for the future of the country not just Texas. There are not any numbers not included in budget like during the Bush years where Pentagon money for wars was not included. Stop being full of it...
The republicans are fairly adept at deflecting the blame from where it truly belongs: themselves. The democrats have problems, but the republican mindset is the true problem for this country. The roots of unemployment and the financial crisis can be traced directly to republican policies. The republicans have made it easy for unscrupulous bankers and big business to do a major number on this country. It should be obvious that tax breaks for the rich and big corporations has not worked. Just look at the results. The only thing that has trickled down is misery.
Please do a fact check on this...especially the business tax. They need to stop confusing a tax on well paid individuals with a tax on business.
"Republicans have proposed adopting strict budget caps that limit federal spending on an annual basis and are enforceable by the President. These caps were a critical plank in the fiscally-responsible budget alternative Republicans proposed last year and yet they are notably absent from the President’s budget."
Just like Obama's plan, that will do NOTHING to resolve the deficit issues. If this guy is serious about getting a balanced budget, he needs to propose either massive cuts in all entitlement spending, or massive tax increases. Cuts would mean cuts in the social security, medicare coverage, and medicaid coverage being offered right now. It would also mean delayed participation for future retirees, and more stringent standards for coverage for welfare.
Absent such drastic cuts, we'll need massive tax increases on all Americans do curb the deficit.
So what's it gonna be, Congressman? Put up or shut up!
Well we can always let the republicans return to the party of HOOVER and we could all see what that would get us – the party of "NO" only wants to get in the way – they offer no leadership – no new ideas – so in the words of Iacoca – lead , follow or get the hell out of the way. All of what the repubs would want to do have been done before and failed – time to get out of the way.
Republicans stood on principle of no. No health care and on jobs.
As usual the GOP has a distorted view of reality. The fail to make the distinction between short- and long-term deficit.
GOP talking points. Nothing new. Same old no.
Rep Hensarling, I am sorry to pose a serious question during you 15 minutes of fame. Tell me, is there a course of action that the GOP can agree with the President on? Can a man of President Obama's intelligence be wrong everytime? I am tired of hearing about how wrong the president is on every single issue. Your party had their chance to be conservative, but all they did was increase our national debt. So please spare us the grandstanding and come up with some real solutions to our everyday problems. If our elected officials can not provide any useful life solutions to the American people, then maybe you and all of your buddies should be voted out of office.
Instead of attacking President Obama's budget I would like to hear specific details from the GOP's proposed budget. What specifically would they cut from the spending side? What taxes would be increased to close the deficit gap? I don't see or hear the details.
This is the guy who earned himself a "false" on politifact.com for his remark at the republican retreat regarding budget issues. I'm thinking that he's full of BS.
Do you believe in Smaller Government, More Freedom, Lower Taxes, fical responsibilites, not sending our military out to be the world's police force, keeping the goverment out of personal matters....
Then look at the platform of the party of principal, The Libertarian Party
Its time for a Change. The Democrats and Republicans have had their chance for far too long and we can see where they have taken us.
Lets give the Libertarian Party a chance.
Yes, but what the GOP has the inability to understand is that this spending is only for a couple of years (counting 2009) to continue pulling us out of the recession (which it has already done) afterwhich this spending will be curtailed. They ALSO are unable to take ANY blame for the debt we're in now. It was thier debt spending that created a HUGE chunk of what we have now and Bush's budget deficit when Obama took office was $1.3 trillion. Compare that to when the last Democrat left the Presidency with a budget surplus.
Oh yes and remember the "nuclear option" they are so fond of warning against the Dems using on healthcare...? That was reconciliation or passing a bill with a simple majority. The Republicans did use this EXACT same process to pass the huge debt creating spending packages that accrued the huge part of the deficit we have now.
Time to hold the GOP accountable for the mess they contributed a helluva lot to.
This Texas Teabagger is lying and distorting the budget facts pure and simple.
Remember folks – Facts don't lie but liars can figure so if the facts are not on your side twist them up so they are – That's what this GOP brown shirt is doing – twisting the facts to make a false argument...
so, they hate the deficit. they hate the spending. they hate taxes. if we cancelled every dime of federal spending, the deficit for this year would still be close to a trillion dollars. what solutions do they offer? none. a group that screams about the problem but offers no solutions isn't contributing to the conversation. so why do people listen to them?
Tell the congressman that the president does not have to answer to him. Republicans should stop scaring people and our kids that they will be paying for this massive budget. We are in an economic crisis that was brought about by his party. I do not hear any proposal from his party except there deep rooted scare they are spreading around the country to oppose the president at every level. His talks about a huge budget but can he answer to the American people what happened with the surplus that Mr. Bush inherited from the Clinton presidency. His party and him do not want to say we "BLEW" it and tell our kids we can take the blame. The American people are not stupid and understand who is telling the truth. You advocate that the government lives within its means, so what happened the last eight years when your party ruled the country. Good politics is when you accept your mistakes and try to work in a bipartisan manner to solve the economic problem of the country. As far as the heath program, see what you politician are enjoying at the expense of the voters who voted for you. This a land of opportunity but should not be governed by a bunch of lobbyists that fill up there pockets at the expense of the American people. We all have the right to stay healthy. God Bless out country.
this comming from the vary people who got us into this mess in the first place . no credability . and still just as theving and lieing as always .its all about the CEO'S of big business and the corporate world of a few hundred wealthy people . not having to pay there fare share to the people government US .. me and you america
I get tired of hearing a bunch of republicans who are criticizing Obama and the democrats while they and Bush ran up 6 TRILLION DOLLARS OF DEBT IN 8 YEARS AT THE RATE OF 1.8 BILLION DOLLARS FOR EVERY DAY BUSH WAS IN OFFICE.
The republicans thought that was great, they gave their owners, (lobbyists and their employers) the three biggest tax cuts in history and then went out and borrowed from China, Saudi, Arabia, South Korea, and others to keep giving the rich massive tax cuts while the only people to sacrifice for a war of ego building with Iraq was costing a TRILLION DOLLARS AND COUNTING.
The republicans even sent a BILLIONS OF DOLLARS IN ONE HUNDRED DOLLAR BILLS TO IRAQ TO PAY OFF THE NATIONS THAT WERE SAYING THEY BACKED BUSH'S POLICIES AND HAD A FEW MEN UP TO A FEW HUNDRED THEY WERE PAYING OFF IN CASH.
That was going so good for them THAT BUSH'S TEAM IN IRAQ LOST 9 BILLION OF THOSE 1 HUNDRED DOLLAR BILLS AND NO ONE HAS EVER FIGURED OUT THEY SAY WHAT HAPPENED TO THE 9 BILLION DOLLARS IN CASH THEY JUST LOST.
When you have intellectually irresponsible people in charge that is what happens and then they point fingers at everyone who is trying to do a good job and get the economy back from where it was when those responsible ran it into the ground.
Bush came into office with a 236 BILLION DOLLAR SURPLUS IN THE BUDGET AND LEFT WITH A 1.2 TRILLION DOLLAR DEFICIT IN THE BUDGET.
If you had invested 10,000 dollars in the stock marker on the first day Bush took office and sold on the last day he was in office, YOU WOULD HAVE HAD THE GRAND TOTAL OF 9236 DOLLARS. WHAT A PRESIDENCY!!!!!!!!!!!!!!!!!!111
The constant march of Republican hypocrisy is stunning. For decades they were for deficit spending and mountains of debt, before they were against it.
After years of deficit-producing budgets submitted by Republican presidents and rubber stamped by Republican controlled Congresses going all the way back to Reagan (who began the explosion of federal debt), all of a sudden they think they have any credibility at all on fiscal matters. Remember "deficits don't matter"? All of a sudden they think the crisis they caused needs to be solved, but somehow the crisis is all Obama's fault and they bear zero responsibility. And of course, the only way to solve the problem is more of what they've done all along – tax cuts for the wealthy that don't create jobs, no investments in the economic success of our nation, and no reforms that would actually reduce federal obligations in the future. Republican "solutions" are like trying to cure an alcoholic by giving him a bottle of whiskey.
The GOP is guilty of malfeasance and negligence, driven by blind ambition and worship of a bankrupt ideology. They are political vermin, pure and simple.
Jeb, where were you during the last adminstration? Next to Rip Van Winkle?
Republicans need to step back and see where the debt came from. No Republican President since Nixon has balanced the budget and every Democrat has before they left office. Democrats may rise taxes because they pay as they go, Republican don't pay for their crap and give tax breaks to the Billionaires who build factories overseas. We should give the tax break to small businesses who create jobs locally. I'm an independent who has done his homework and these are the facts. We need people loyal to the US and not to their political party so please do your research and vote for the best person instead of a political party. DO YOUR OWN RESEARCH at the government site showing debt ran up by President it is non political.
Millionare democrats and politicans dont have to worry about there next loaf of bread