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For the past two years, Americans have been told that the only way to economic recovery is more federal spending that drives up federal debt. The White House and Washington Democrats continue to cling to this failed economic model, refusing to listen to the voices of respected economists in America.

The job gap between Democratic promises and the results is significant. After nearly $5 trillion in fiscal and monetary stimulus, there are 2.3 million fewer jobs today than when the stimulus began. The White House fell more than 7 million jobs short of its year-end 2010 forecast, and our unemployment rate is far above the promised 6.9%.

The Obama administration’s tough statements about Wall Street misdeeds mask a strange fact: For an administration that talks so much about helping the little guy, it is astonishing how many of President Barack Obama’s “reforms” work to the advantage of powerful corporate interests at the expense of small employers and independent entrepreneurs.
By creating a National Commission on Fiscal Responsibility and Reform, President Barack Obama has acknowledged the new political reality: Voters have had enough of this administration’s attempts to spend the country’s way out of this recession while permanently increasing the size of government
The latest U.S. national-debt figures are truly mind-boggling: According to the Treasury Department, for the twelve-month period ending Dec. 31, 2009, the federal government ran a deficit of $1.472 trillion, which is 116 percent greater than the deficit for the twelve-month period that ended December 31, 2008.
For over 30 years, the Hyde amendment has prevented the expenditure of federal funds on abortion, which so many regard as the taking of an innocent human life. Named after the late Henry Hyde, longtime member of Congress from Illinois and pro-life hero, the Hyde amendment established the principle that taxpayers should not be required to pay for abortions, even if the Supreme Court decision in Roe v. Wade had effectively overturned 50 state laws to legalize the procedure across the nation.
There is some hope in the latest report on unemployment that our battered economy may be showing some tentative signs of recovery as the rate of job loss continues to slow.

But with consumer confidence still low, unemployment hovering at 10 percent, and over 7 million jobs lost since the beginning of this recession, it should be clear that any potential recovery is still fragile.
Last summer, the American people voiced their dissatisfaction with health care plans under consideration, but it is now clear that congressional leaders are not listening to their concerns. The Baucus plan, reported out of the Senate Finance Committee two weeks ago, is the latest “reform” effort that will reduce, not increase, access to quality affordable health care. In particular, disabled Americans and their families will be severely penalized by this proposal, which will saddle them with new costs and a much greater financial burden.
The Obama administration and Democratic members of Congress have been claiming that the huge price tag of their health care reform proposal will require no new taxes on the middle class, and that it can be paid for in full with a new surtax on the top 1 percent of earners.
If taxpayers knew that the U.S. Treasury was sitting on $80 billion dollars that could be used to pay down the gigantic federal debt, they would not be pleased.

Aug 03 2009

Don’t Punish Seniors for Health-Care Reform

Denying care options to retirees is necessarily a part of the Democrats plan.

In addition to being fiscally unsustainable, the health-care-reform plan emerging from Democrats in Congress raises disturbing questions for our nation’s seniors. If President Obama pushes through proposed “reforms,” seniors could very well face rationed care as the result of a raid on the coffers of a Medicare program that’s already nearly bankrupt.