Tag Archive for "Deficit"March 1, 2013
Erick Erickson over at Red State says that Republicans in the House and Senate are set to break with two elections worth of campaign promises and the rationale behind their current majority in the House of Representatives to “endorse Obamacare and approve its funding.”
Ouch. This one is going to sting all the liberals who are trying to paint VP candidate Paul Ryan’s proposed budget as extremist and evil.
Failed President Barack “AA+” Obama went into hiding Tuesday, canceling a public appearance and having his Press Secretary cancel the day’s so-called daily briefing, one day after his remarks on the nation’s first credit downgrade precipitated a downward spiral in the stock market.
Anyone wondering why S&P downgraded Double A-Plus Obama’s record national debt need only look to the four days following the agreement to raise the debt ceiling, when, in inflation adjusted dollars, Obama accumulated more national debt than the country amassed during the entire 1950s.
Failed President Barack “Double A-Plus” Obama will make a statement regarding the credit downgrade his wild spending has caused at 1PM EDT.
Timothy “AA+” Geithner has informed failed President Barack Obama that he will be staying on as Treasury Secretary despite S&P’s historic downgrade of America’s credit rating.
CNBC is reporting that the rating agency Standard & Poor’s is likely to downgrade America’s Triple-A credit rating, and that the move could come as early as tonight.
Democrat and Republican negotiators alike had to ask President Crybaby to leave the room in order to have any hope of reaching a deal to raise the nation’s debt ceiling.
Despite taking to the airwaves every day to scare the American people about the risk of the US going into “default” if the debt ceiling is not raised, Barack Obama has been secretly signaling banking institutions that there is zero risk of default even if that debt ceiling doesn’t budge.
Failed President Barack Obama will hold his second press conference in a week this morning at 11 AM Obama Time (which is 11:30-11:45 in the Eastern time zone) to rail against Republicans for blocking his plan to spend more money we don’t have and raise taxes on job creators.