Washington (CNN) – With the U.S. economy still reeling from the Great Recession and fears growing of a double dip, it's critical that the Obama administration and Congress keep a very careful eye on every taxpayer dollar spent.
Like all of you, I was relieved that they finally worked out a temporary fix to keep 4,000 FAA employees and tens of thousands of construction workers on the job. Had they failed to work out a deal, taxpayers would have lost more than $1 billion while Congress remains in recess until September 7. Now, with the Senate having solved the problem, we won't lose that money.
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The US is going back on a spending spree, with Obama announcing new spending proposals daily. We have to hope, the House will stop those spending proposals, and prevent them from taking place.
Had they failed to work out a deal, taxpayers would have lost more than $1 billion while Congress remains in recess until September 7. Now, with the Senate having solved the problem, we won't lose that money.
How ludicrous is this statement??!!! Is Wolf Blitzer a government employee now? It IS the taxpayers money that is being TAKEN by the government via a tax. Prior to being taken, it was the taxpayers rent money, or food money, or gas money. Instead the money was taken in the form of a TAX. The taxpayer must now work longer and harder to get the rent/food/gas money they need. Problem is that too many don't have jobs thanks to Obama and the rest of the incompetent Democrats.
Really, Wolf? Really? Because Congress won't "spend" that money, we won't "lose" it. Really? You're as bad as the politicians who should be voted out of office. How do we get rid of you?
Wrong question. "How can we reduce the deficit?" That's the correct question. We can reduce the deficit by creating more jobs, which would generate more tax revenues. We climbed out of The Great Depression by investing heavily in our infrastructure. For evey dollar spent on infrastructure, a larger percentage would be spent, which would increase demand and that would lead to more jobs. For evey dollar spent on a tax cut, to the wealthy, a large percentage would be spent on investments, which would lead to a slower turn around for each dollar being spent.
It's a short-term fix. The republicans/baggers will use the same unscrupulous hostage-taking, terrorist means to hold up future legislation in a few weeks.
Obama/Biden 2012 (and kick the jr. hi teabaggers out of our contress - they are the financial terrorists).