Spending

Obama has continued Bush’s failed policies

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Romney’s biggest missed opportunity in the second debate wasn’t on Libya – he’ll get to address that in depth in the third debate. It was on the question about how he would differ from Bush administration economic policies. It was a missed opportunity because he should have connected the dots between Obama and Bush to illustrate the accurate point that on the most significant dimensions of economic policy, Obama has accelerated Bush’s policy errors rather than reversing them.

Read the rest at Fox News Opinion.


The Debate Between Obama’s Promises and His Record

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The usual spin from both sides declaring victory in the vice presidential debate underscores just how stunning and unusual Romney's blowout win in the first presidential debate was. That win up-ended the race and catapulted Romney into the lead in most national polls. President Obama, in turn, has reacted by shifting his campaign's central theme from the implausible claim that Romney is an extreme conservative to an accusation that he's a flip-flopper. But it is Obama who has a head-spinning record of, on issue after issue, doing the opposite of what he promised on the campaign trail in 2008.

Read the rest at American Commitment.


Obama’s tax hikes will make deficits worse

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The national debt weighs heavily on the public consciousness, and for good reason. In 2008, the federal government added $458 billion to the national debt, at that point that largest annual deficit in history. Under President Obama, the deficit has been upwards of $1 trillion – more than twice the previous record – not once, but every year for four years running. Americans know that we cannot continue on our present fiscal course. But, unfortunately, the concern over the debt has diverted attention from its own underlying cause, the explosion in federal spending, and allowed Obama to pretend that his proposed tax hikes are part of the solution.

Read the rest at American Commitment.


Farming For Food Stamps

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Can a piece of legislation be a “farm bill” if nearly 80 percent of its spending goes to food stamps? According the United States Congress – yes.

The Senate passed its so-called farm bill — whose $970 billion price tag is 78 percent food stamps — on a 65-34 vote. There were 16 Republican “yes” votes. The House agriculture committee passed its so-called farm bill — whose $957 billion price tag is 79 percent food stamps — on a 35-11 vote. There were only four Republican “no” votes. Now Speaker John Boehner, who so far is holding firm, is coming under intense pressure to bring it to the floor. Let’s be honest: it’s not a farm bill. And Boehner should scuttle it permanently.

Read the rest at American Commitment and contact Congress on this issue here.



Phony Student Loan Issue Obscures Real Fight Over Spending

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Phil Kerpen, 5/17/2012

The interest rate on federal Stafford Loans is a phony political issue. Yet the legislation proposed in Congress to address this non-issue is still hugely consequential, because the Republican version would end a particularly destructive big government spending program and the Democratic alternative would raise taxes on small businesses. It’s a fight that epitomizes the choice voters will face when they head to the polls this fall.

Read the rest at American Commitment.


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