Give President Obama What He Wants A Massive Tax Increase–Jump Barack Jump!–Republican Senator Paul’s $3 Trillion Budget for Fiscal Year 2014 Would Really Cut Over $500 Billion in Spending–A Balanced Approach Leading To A Balanced Budget!–Videos

Posted on December 28, 2012. Filed under: American History, Banking, Blogroll, Business, Communications, Demographics, Diasters, Economics, Education, Employment, Federal Government, Federal Government Budget, Food, Foreign Policy, government, government spending, Health Care, history, Inflation, Investments, Law, liberty, Life, Links, Macroeconomics, media, Monetary Policy, Money, People, Philosophy, Politics, Programming, Psychology, Public Sector, Radio, Rants, Raves, Regulations, Strategy, Talk Radio, Tax Policy, Taxes, Television, Unemployment, Unions, Video | Tags: , , , , , , , , |

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Since President Obama wants to grow government and make all Americans dependent upon the Government and Democratic Party, let the Democratic Party and Obama jump from the fiscal cliff.

They will own the resulting recession and will be committing political suicide.

Do not negotiate with a person or party that wants to jump off the cliff by raising taxes on all Americans.

The Republican Party should stop negotiating with the person responsible with the massive spending problem resulting in huge deficits and over $5 trillion of new national debt.

Neither the Democratic Party led by President Obama, Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi nor the Republican Party led by House Speaker Boehner, House Majority Leader Eric Cantor and Senate Minority Leader Mitch McConnell, are capable of balancing the budget of the U.S. government.

The table below summarizes the failed 10 year record of both political parties in controlling government spending that have produced massive fiscal-year deficits and an ever increasing national debt.

Summary of Tax Receipts and Spending Outlays of theUnited States Government for Fiscal Years 2002-2012[in million of dollars]
Fiscal Year Tax Receipts Spending Outlays Deficits (+)  or Surplus (-)
2002 1,853,225 2,011,016 157,791
2003 1,782,108 2,159,246 377,139
2004 1,879,783 2,292,628 412,845
2005 2,153,350 2,472,095 318,746
2006 2,406,675 2,654,873 248,197
2007 2,567,672 2,729,199 161,527
2008 2,523,642 2,978,440 454,798
2009 2,104,358 3,520,082 1,415,724
2010 2,161,728 3,455,931 1,294,204
2011 2,302,495 3,601,109 1,298,614
2012 2,449,093 3,538,286 1,089,193
Source: Department of the Treasury, Final Monthly Treasury Statements of Receipts and Outlays of the United States Government for Fiscal Years 2002-2012, table 1.

Simply tell the American people that the Republican Party wants no tax increase for any American and is willing to have a Fiscal Year 2014 budget of $3 trillion that represents a real spending cut of over $500 billion.

Obama rejected the proposal and jumped. Rest in peace.

Pass Senator Rand Paul’s $500 billion spending cuts for Fiscal Year 2014!

FINANCIAL MANAGEMENT SERVICE STAR - TREASURY FINANCIAL DATABASE TABLE 1. SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT (IN MILLIONS) ACCOUNTING DATE: 11/12 PERIOD RECEIPTS OUTLAYS DEFICIT/SURPLUS (-) + ____________________________________________________________ _____________________ _____________________ _____________________ PRIOR YEAR OCTOBER 163,072 261,539 98,466 NOVEMBER 152,402 289,704 137,302 DECEMBER 239,963 325,930 85,967 JANUARY 234,319 261,726 27,407 FEBRUARY 103,413 335,090 231,677 MARCH 171,215 369,372 198,157 APRIL 318,807 259,690 -59,117 MAY 180,713 305,348 124,636 JUNE 260,177 319,919 59,741 JULY 184,585 254,190 69,604 AUGUST 178,860 369,393 190,533 SEPTEMBER 261,566 186,386 -75,180 YEAR-TO-DATE 2,449,093 3,538,286 1,089,193 CURRENT YEAR OCTOBER 184,316 304,311 119,995 NOVEMBER 161,730 333,841 172,112 YEAR-TO-DATE 346,045 638,152 292,107 - - - - - - - - 0REPORT ID: STM0P081 USER ID : DATE: 2012-12-10 TIME: 18.47.19 PAGE http://www.fms.treas.gov/mts/mts1112.txt

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