Defense Secretary Proves Obama Set to Slash Defense Spending

Donna Cassatta,The Idaho Statesman

President Barack Obama’s choice of expert budget-cutter Leon Panetta to lead the Defense Department is a clear signal that the White House perceives the nation’s deficit crisis,not the wars in Iraq and Afghanistan,as its toughest challenge.

After winning the presidency in November 2008,Obama asked Robert Gates [...]

Ryan’s Roadmap to Prosperity or Obama’s Highway to Hell?

Michael Reagan,FloydReports.com

There is a struggle now being waged in Washington,the outcome of which will determine whether the nation’s economy will grow or continue to falter.

The main combatants are President Barack Obama and a thoughtful member of Congress from the nation’s heartland,Rep. Paul Ryan,R-WI.

One of them,the president,[...]

Cartoon of the Day:How to Write an Obama Speech

Paul Ryan’s Plan:Not “Radical”Enough

Dr. Mark W. Hendrickson,FloydReports.com

Question for those of you concerned about the size of federal debts and deficits:Would you endorse a plan which would add another five or six trillion dollars to the federal debt over the next decade while increasing Uncle Sam’s annual expenditures by $1.1 trillion? If so,you’re in [...]

Obama:America Was Not a “Great Country,”1776-1965

Ben Johnson,FloydReports.com

As the nation digests Barack Obama’s plan to ride a tax hike to re-election,one phrase from yesterday’s budget speech confirms what this author has long stated:the president is fundamentally an anti-American Messianic figure who believes he was sent to save our nation from itself and its Founders. Speaking a [...]

Death (Panels) and Taxes

Ben Johnson,FloydReports.com

Barack Obama has unveiled his agenda for balancing the budget:Raising taxes on the living,then sending them to an early grave. In his speech this afternoon,Obama confirmed long-running suspicions that he views extravagant expenditures as “core investments,”believes all wealth belongs to the government,questions the “patriotism”of those [...]

Obama’s March of Folly

Dr. Marvin J. Folkertsma,FloydReports.com

The budget deficits from the first two years of the Obama administration are of sufficient magnitude to spring Dr. “Billions and Billions” Carl Sagan from his grave. Sagan could sue for copyright infringement for misuse of astronomical numbers.

On second thought,the figures now being bandied about are in [...]

Medi-Scare,Take 3 Million

Michael Reagan,FloydReports.com

The current furor over the national budget is ample proof of the fact that federal budgets should be completed in time and based on reality,and not based on welfare-state politics.

Instead,Congress keeps kicking the can down the road by enacting so-called CRs (Continuing Resolutions) that have become nothing more [...]

Obama’s Three-Card Monte Budget Plan

Michael Reagan,FloydReports.com

Welcome to three-card monte. That’s all that the Obama administration’s economic program amounts to —a sleazy con man’s card trick.

The president didn’t even bother to pay any attention to the recommendations of his deficit reduction group,headed by former Sen. Alan Simpson. That would have required adhering [...]