[StBernard] STOP THEM BEFORE THEY SPEND AGAIN

[Westley Annis]

STOP THEM BEFORE 
THEY SPEND AGAIN
As Dems Plan Their Binge Spending For 2010, A Look Back At Their
Record-Setting Binge In 2009
 
View This Research Briefing At GOP.com
<http://link.sc.states.gop.com?164-1267-1517-25548-7306> 
 
TODAY: "House Democrats Will Gather In Washington For Their Annual Issues
Conference, With The Focus On Job Creation - An Issue Democrats Hope To
Emphasize As They Head Toward The November Elections."(Carl Hulse, "House
Lawmakers Return To Focus On Jobs, Health Care," The New York Times's "The
Caucus" Blog <http://link.sc.states.gop.com?164-1267-1517-25548-7310> ,
1/11/10)
 
INSTEAD OF CREATING JOBS, DEMOCRATS SET RECORDS 
WITH THEIR BINGE SPENDING IN 2009
 
Democrats Increased Size Of Government By 64 Percent Since Obama Took
Office, Largest Increase In At Least 3 Decades.(White House Office Of
Management And Budget, "Discretionary Budget Authority By Agency: 1976-2014
<http://link.sc.states.gop.com?164-1267-1517-25548-7302> ," Accessed,
12/11/09)
 

*	Including Their $787 Billion Stimulus Bill In February Which Has
Failed To Prevent Unemployment From Reaching Double Digits. (U.S. Bureau of
Labor Statistics, www.bls.gov
<http://link.sc.states.gop.com?164-1267-1517-25548-7300> , Accessed 1/11/10)

 

*	Their $410 Billion Omnibus Spending Bill In March Containing Over
8,500 Earmarks Worth $7.7 Billion. "President Barack Obama signed a $410
billion spending bill Wednesday ... that includes more than 8,500 pet
projects worth $7.7 billion." (Jonathan Weisman and Greg Hitt, "Obama
Outlines Plan To Curb Earmarks," The Wall Street Journal,
<http://link.sc.states.gop.com?164-1267-1517-25548-7307>  3/12/09)

 

*	And Their $450 Billion Omnibus Spending Bill In December That
Increases Non-Defense Discretionary Spending By 12 Percent From Last Year.
"The sweeping omnibus package ... reflects a 12 percent increase in
discretionary spending over last year ...". (H.R. 3288, Roll Call Vote #949
<http://link.sc.states.gop.com?164-1267-1517-25548-7303> ; Approved 221-202;
D 221-28; R 0-174 , 12/10/09; Jennifer Bendery, "Both Parties Pile Earmarks
Onto Spending Bill," Roll Call
<http://link.sc.states.gop.com?164-1267-1517-25548-7311> , 12/10/09)

 
Democrats Created Record Deficit Of $1.42 Trillion In FY 2009, Three Times
More Than Previous Record Year Before. "The Obama administration has
released new deficit numbers, and they are not pretty. The deficit for
fiscal year 2009, which ended Sept. 30, came in at a record $1.42 trillion,
more than triple the record set just last year." (David Jackson, "Obama Team
Makes It Official, Budget Deficit Hits Record. By A Lot," USA Today's "The
Oval <http://link.sc.states.gop.com?164-1267-1517-25548-7320> " Blog,
10/16/09)
 
Democrats' Budget Creates $9.1 Trillion In Debt Over Next Decade, Nearly The
Amount Of Debt America Has Accrued In Its Entire History Up To July 2008
($9.5 Trillion). ("An Analysis Of The President's Budgetary Proposals For
Fiscal Year 2010," Congressional Budget Office
<http://link.sc.states.gop.com?164-1267-1517-25548-7305>  , June 2009;
Public Debt, www.treasurydirect.gov
<http://link.sc.states.gop.com?164-1267-1517-25548-7314> , Accessed 7/20/09)
 
AND THEIR MASSIVE NEW TAX SCHEMES ...
 
Obama Wants To Impose Tax On Banks. "The Obama administration is considering
imposing a fee on banks to help recover some of taxpayers' costs of bailing
banks out from the financial crisis, according to multiple reports on
Monday. The White House said President Barack Obama wants to ensure that
taxpayers are paid in full. 'That's the president's goal,' White House
spokesman Robert Gibbs told reporters. He declined to provide details on how
that might be done." (Matt Spetalnick and Glenn Somerville, "White House
Reported Mulls Bank Fee In Budget," Reuters
<http://link.sc.states.gop.com?164-1267-1517-25548-7299> , 1/11/10)
 
House Speaker Nancy Pelosi And Obama's Treasury Secretary Tim Geithner Open
To Stock Transaction Tax. "Speaker Nancy Pelosi gave her strongest
endorsement yet of a global financial transaction fee Thursday after raising
the issue directly with Treasury Secretary Timothy Geithner in a
conversation this week. ... But after their phone conversation Wednesday,
Pelosi told colleagues that the secretary indicated he was more open to some
such fee than had been reported." (David Rogers, "Pelosi Pushes Global
Financial Fee," Politico
<http://link.sc.states.gop.com?164-1267-1517-25548-7313> , 12/3/09)
 

*	That Some House Dems Say Would Be Large "Burden On Our Fragile
Economy" And Create More Job Loss. "Reps. Carolyn Maloney (D-N.Y), Mike
McMahon (D-N.Y) and Debbie Halverson (D-Ill.) are asking members to sign on
to a 'Dear Colleague' letter, claiming its impact would go well beyond the
Wall Street fat cats everyone's so angry at these days.  'The imposition of
such a tax would place a huge new tax burden on our fragile economy and
could drive up an already high 10.2% unemployment rate. It also may have
serious unintended consequences on our financial markets by raising the cost
of credit and private investment for businesses and governments alike,' the
letter says."  (Victoria McGrane, "Dems Sour On Stock Transaction Tax,"
Politico <http://link.sc.states.gop.com?164-1267-1517-25548-7316> ,
11/30/09)

 
Obama's Economic Recovery Advisory Board Chair, Paul Volcker, Laying The
Groundwork For National Sales Tax. "My tax philosophy would be if we can't
deal with our expenditure loan with the present tax system, we've got to
think about changing the tax system ... When you think about changing the
tax system, given the problem that we started out talking about, you've got
to talk about some tax that hits consumption." (Henry J. Pulizzi, "Volcker:
Carbon Tax VAT Should Be On Table If Cost Cuts Insufficient," Dow Jones
Newswires <http://link.sc.states.gop.com?164-1267-1517-25548-7309> ,
9/29/09)
 

*	That Would Increase Cost Of Almost Everything, Hit Poorest Americans
Hardest. "Highly visible, it would increase the cost of just about
everything, from a carton of eggs to a visit with a lawyer. It is also
hugely regressive, falling heavily on the poor. (Lori Montgomery, "Once
Considered Unthinkable, U.S. Sales Tax Gets Fresh Look," The Washington Post
<http://link.sc.states.gop.com?164-1267-1517-25548-7321> , 5/27/09) 

 
Obama Pushing National Energy Tax Legislation That Could Mean Nearly 1
Million Jobs Lost Per Year. "Overall, a cap-and-trade system that reduces
annual GDP by 0.34 percent per year can be expected to reduce U.S.
employment by roughly 964,900 jobs per year ..." (Andrew Chamberlain, "Who
Pays For Climate Policy?," Tax Foundation
<http://link.sc.states.gop.com?164-1267-1517-25548-7312> , 3/09)
 
WILL BE USED FOR EVEN MORE BINGE SPENDING IN 2010, NOT DEFICIT REDUCTION
 
FY 2010 Off To Worse Start Than Last Year, With $390 Billion Deficit In
First Three Months. "The federal budget deficit was about $390 billion in
the first quarter of fiscal year 2010, CBO estimates in its latest Monthly
Budget Review--$56 billion more than for the same period in fiscal year 2009
despite reduced spending related to turmoil in the financial markets."
(Douglas W. Elmendorf, "CBO Estimates A Federal Budget Deficit Of $390
Billion For First Quarter Of Fiscal Year 2010," Congressional Budget
Office's "Director's Blog" Blog,
<http://link.sc.states.gop.com?164-1267-1517-25548-7315>  1/7/10)
 
With Deficit In FY 2010 Expected To Reach Record $1.5 Trillion. (White House
Office Of Management And Budget, "Mid-Session Review: Fiscal Year 2010
<http://link.sc.states.gop.com?164-1267-1517-25548-7319> ," 8/25/09)
 
Dems Rushing To Get $2.5 Trillion Government-Run Health Care Experiment
Passed. Sen. Max Baucus (D-MT): "Just for a second -- health care reform,
whether you use a ten-year number or when you start in 2010 or start in
2014, wherever you start at, so it is still either $1 trillion or it's $2.5
trillion, depending on where you start..." (Sen. Max Baucus, Floor Remarks
<http://link.sc.states.gop.com?164-1267-1517-25548-7301> , 12/2/09)
 

*	Which David Broder Wrote "Are Budget-Busters." "While the CBO said
that both the House-passed bill and the one Reid has drafted meet Obama's
test by being budget-neutral, every expert I have talked to says that the
public has it right. These bills, as they stand, are budget-busters." (David
S. Broder, Op-Ed, "A Budget-Buster In The Making," The Washington Post
<http://link.sc.states.gop.com?164-1267-1517-25548-7308> , 11/22/09)

 
House Democrats Already Forced Through $174 Billion Stimulus II. "The House
narrowly passed Speaker Nancy Pelosi's (D-Calif.) $174 billion jobs bill
Wednesday, only after Pelosi and other party leaders yelled, pleaded and
cajoled reluctant Democrats worried over deficit spending. The vote was
217-212. No Republicans voted for the bill, and 38 Democrats voted against
it." (Mike Soraghan and Jared Allen, "House Narrowly Passes Pelosi's $174B
Jobs Bill," The Hill
<http://link.sc.states.gop.com?164-1267-1517-25548-7317> , 12/16/09)