United States of America: Problem: A Triple A Country With A Triple F President–Solution: Fire The President And Democratic Senators And Representatives–Vote For Tea Party Candidates–Videos

Posted on August 9, 2011. Filed under: Agriculture, American History, Banking, Blogroll, Business, Communications, Economics, Employment, Fiscal Policy, Foreign Policy, government, government spending, history, Inflation, Investments, Law, liberty, Life, Links, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Public Sector, Unions, Video, War, Wealth | Tags: Alan West, Blame Game, Charles Krauthammer, Credit Ratings, Mike Lee Marco Rubio, Rand Paul, Standard & Poor's, Tea Party, Tea Party Candidates, Triple A Country, Triple F President |

Obama: America ‘Always Will Be A Triple A Country’

 

Krauthammer: Obama Blames Tea Party, God, Middle East.. “Everybody Except Him”

 

Tea Party Trashing: Dems Blame Tea Party For Credit Downgrade

 

Sen. Rand Paul on balancing the budget

 

03/17/11: Sen. Rand Paul Introduces Five-Year Balanced Budget Plan

Rubio Joins Floor Debate: No Spending Bills Without A Budget

 

Lee Joins Floor Debate: No Spending Bills Without A Budget

 

“Defending the Tea Party Against Sen. John Kerry”

 

Michele Bachmann Calls on President to Demand Geithner’s Resignation

 

Ron Paul on Bloomberg: Out of Control Spending Responsible for Downgrade

 

 

 

The Tea Party demands that the Democratic and Republican Party establishments live within the means of the American people by balancing the budget every year.

If either political party had done this when they were in power, Standard & Poor’s would not have downgraded the Treasury Securities of the United States.

The Democratic Party controlled both the Senate and House of Representatives from January 2007 through January 2011 and ran up massive budgetary deficits and together with a $787 billion stimulus package increased the National Debt by nearly $7,000 billion.

 

The S&P downgrade was a direct result of this massive spending and huge increases in the National Debt that have now exceeded 100% of Gross Domestic Product.

Now the President, his propagandists and fellow Democrats blame the tea party for the downgrade–the big lie repeated over and over again.

The truth is the Tea Party  pointed out that both political parties were not  fiscally responsible and future budgets needed to be balanced or in surplus.

This requires massive cuts in the budget baseline itself and not just reductions in the rate of growth of the budget baseline.

 http://www.federalbudget.com/

 

Democratic Party Budget Proposals

S-1 FY2012 President’s Budget (Nominal Dollars in Billions)
Fiscal Year	Outlays	Revenues	Deficits	Debt Held By Public
2011	3,819	2,174	-1,645	10,856
2012	3,729	2,627	-1,101	11,881
2013	3,771	3,003	-768	12,784
2014	3,977	3,333	-646	13,562
2015	4,190	3,583	-607	14,301
2016	4,468	3,819	-649	15,064
2017	4,669	4,042	-627	15,795
2018	4,876	4,257	-619	16,513
2019	5,154	4,473	-681	17,284
2020	5,442	4,686	-735	18,103
2021	5,697	4,923	-774	18,967
2012-2021	45,952	38,747	-7,205	n.a.

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf

Republican Party Budget Proposals

S-1 FY2012 Chairman’s Markup (Nominal Dollars in Billions)
Fiscal Year	Outlays	Revenues	Deficits	Debt Held By Public
2011	3,618	2,230	-1,388	10,351
2012	3,529	2,533	-995	11,418
2013	3,559	2,860	-699	12,217
2014	3,586	3,094	-492	12,801
2015	3,671	3,237	-434	13,326
2016	3,858	3,377	-481	13,886
2017	3,998	3,589	-408	14,363
2018	4,123	3,745	-379	14,800
2019	4,352	3,939	-414	15,254
2020	4,544	4,142	-402	15,681
2021	4,739	4,354	-385	16,071
2012-2021	39,958	34,870	-5,088	n.a.

http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf

Sen. Toomey Unveils his FY 2012 Budget

Senator Pat Toomey Talks with Michael Medved about his Budget

S-1 FY2012 Senator Pat Toomey(Nominal Dollars in Billions)
Fiscal Year	Outlays	Revenues	DeficitsSurplus	Debt Held By Public
2011	3,625	2,230	-1,351	10,351
2012	3,477	2,538	-919	11,418
2013	3,485	2,964	-521	12,217
2014	3,509	3,216	-291	12,801
2015	3,623	3,391	-233	13,326
2016	3,765	3,524	-241	13,886
2017	3,853	3,736	-117	14,363
2018	3,955	3,916	-39	14,800
2019	4,140	4,108	-32	15,254
2020	4,302	4,325	23	15,681
2021	4,493	4,566	73	16,071
2012-2021	38,602	36,304	-2298	n.a.

http://www.scribd.com/doc/55116239/Restoring-Balance-Final

 

 

S-1 FY2012 Senator Rand Paul(Nominal Dollars in Billions)
Fiscal Year	Outlays	Revenues	DeficitsSurpluses	Debt Held By Public
2011	3,708	2,228	-1,480	10,430
2012	3,100	2,547	-553	11,051
2013	3,152	2,755	-397	11,532
2014	3,227	3,088	-139	11,748
2015	3,360	3,244	-116	11,942
2016	3,430	3,349	19	11,997
2012-2016	16,269	15,083	-1,188	n.a.

http://campaignforliberty.com/materials/RandBudget.pdf

Tea Party Budget Proposals

S-1 FY2012 Tea Party’s Balanced/Surplus Budget(Nominal Dollars in Billions)
Fiscal Year	Outlays	Revenues	Surpluses	Debt Held By Public
2012	2,500	2,500	0	10,900
2013	2,800	2,800	0	10,900
2014	3,000	3,000	0	10,900
2015	3,200	3,200	0	10,900
2016	3,300	3,300	0	10,900
2017	3,400	3,500	100	10,800
2018	3,500	3,700	200	10,600
2019	3,600	3,900	300	10,300
2020	3,700	4,000	300	10,000
2021	3,800	4,300	500	9,500
2012-2021	32,800	34,200	1,400	n.a.

 

The political elites are aware that the American people know they are being lied to and many of the current Senators and Representatives will be replaced by candidates who truly believe in fiscal responsibility and a constitutional republic.

While it may take several elections to accomplish this, President Obama will be fired by the American people for his failure of leadership in deliverying a peace and prosperity economy.

 

Read Full Post | Make a Comment ( None so far )