Government Dependence Under Obama Reaches "Tipping Point"

Washington Times

The prognosis is dire:“The very nature of this country’s republican form of government is called into question.”Furthermore,the United States has reached the brink of a “tipping point,”at which “reckless growth in dependence programs has produced domestic debt crises.”Such are the findings of the Heritage Foundation‘s annual “Index [...]

Obama’s Deficit:The Devil Made Me Do It

By Jon N. Hall,American Thinker

Obama signed two bills that spent almost $1.2T,but he still blames Bush

Ever since his inauguration,President Obama has said that he "inherited"the federal budget deficit from his predecessor. But immediately upon taking office,Obama signed two new bills,the $787B [...]

Obama Budget deficit tops $1 trillion

By MARTIN CRUTSINGER,Business Week

Nine months into the fiscal year,the federal deficit has topped $1 trillion for the first time.

The imbalance is intensifying fears about higher interest rates and inflation,and already pressuring the value of the dollar. There’s also concern about trying to reverse the deficit —[...]

California’s Nightmare Will Kill Obamanomics

By Kevin Hassett,Bloomberg

California and US can't seem to stop wasting dollars

Last week,we discovered that the state of California will gladly pay you Tuesday for a hamburger today.

With California mired in a budget crisis,largely the result of a political impasse that makes spending cuts and [...]

Democrats make show of measley budget cuts

By DAVID ROGERS,Politico

Obama and other Democrats hype their "fiscal conservatism"

The greater political challenge for Democrats is the simple fact that the dollars are so big in an environment in which so much money is already moving.

The Justice and Commerce bill last week represented an almost 12 [...]