Two More Days

Know a young conservative who should be on Red Alert's 2015 '30 Under 30' List? Nominate them by this FRIDAY.

Nancy Pelosi says it’s “almost a false argument” to say the U.S. has a spending problem

There really isn’t a spending problem in Washington, according to House Minority Leader Nancy Pelosi.

“It is almost a false argument to say we have a spending problem,” she said. “We have a budget deficit problem that we have to address.”

Pelosi gave an exclusive, pre-taped interview to Chris Wallace, which aired on Fox News Sunday this week. The two of the them spent the first part of their interview talking about the looming sequestration, and the best strategies for avoiding it. And while Pelosi advocated a balanced solution, for the House Minority Leader and her fellow Democrats, spending cuts really aren’t a big part of the solution.

“The fact is, we’ve had plenty of spending cuts,” she told Wallace. “$1.6 trillion in the Budget Control Act. What we need is growth — we need growth with jobs.”

Wallace questioned Pelosi’s assertion that tax increases need to be part of the sequester avoidance plan — especially since he noted even a 100 percent tax on those making more than $1 million a year wouldn’t even match the projected deficit for this year — and kept pushing her hard on spending cuts.

“Are you really saying that in a government that spends $3.5 trillion a year, that increased federal discretionary spending by 14 percent over the last four years, you can’t find $85 billion to cut, to avoid sequester?” Wallace asked.

Pelosi said that certain subsidies had been cut, but Wallace again called her out.

“But why not just cut spending?” he asked. “$85 billion in a $3.5 trillion government.”

Pelosi countered with a familiar Democratic card and blamed the Bush administration for the financial situation of the nation. Wallace responded that the debt increased by $5 trillion under President Obama, which Pelosi blamed on trying to avoid the fiscal cliff.

During the interview, the House Democratic leader also struggled to remember exactly what the income limit was for the fiscal cliff tax increase — an increase to 39.6 percent from 35 percent for families earning more than $450,000 and individuals earning more than $400,000. She said it was “a very good thing” to raise taxes “on people making over, uh — the high end of our population.”

Comments

Comments

  1. The problem isn’t spending it’s that the government is spending with the wrong mind set.
    You see the government and all businesses in general operate with the idea citizens are corporations who always has money even when unemployed and businesses are corporate property. “18th amendment”
    When the government has to change it’s mind set and think Citizens are people and businesses are businesses and corporations are corporations.
    The government is going with the Tax more and prey policy it don’t work. Higher taxes means less jobs.
    Our economy needs to become one of job creation.
    The secret to prosperous economy is not taxation it’s not a massive military it’s not subjected people. It is industry look at our economy after world II the US was the largest manufacturer after that and because of this we grew in to a super power. Now our government is trying live in that shadow.

    To fix this economy what needs to be done.
    Change the constitution to return the meaning of People back into citizens of the united states.
    Cut taxes on industry.
    Create grants for american citizens to start up industrial businesses with in the united states.
    Permit a tax break time of 2 years on new businesses and corporations. Because that is the make or break time.
    Also in areas of high unemployment give the government authority to seize condemned “Abandoned” property to be developed into a businesses then sold to it’s people as long as it is for the purpose of creating jobs.

  2. Roger Mitchell says:

    Having ran and growing my own business for 45 yrs All I would say is the Gov at any level is incompetent and lacking any real business intelligence . Yet the locust state and Federal Governments are the nations largest employer’s and if any real business or simple household ran their budgets like the Gov’s do we would all be bankrupt the tax well is running dry as my old granddaddy used to say you can’t get blood from a turnip .
    Economics 101 don’t spend what you do not have hoping a windfall check will arrive in your mail box before the check clears .

Polititainment

Cher asks how someone can be gay and GOP
Cher turned to her Twitter followers Tuesday night to ask, “Why r There GAY Republicans?” I Don't Get It..Why r There GAY Republicans? They Think u r An Abomination Against Their Religion,Wont Go 2 ur Marriage,Or Christenings.WHY? — Cher (@cher) May 27, 2015 Cher thinks the two must be mutually exclusive because, “They [Republicans] Think u r […]
Stewart mocks Republicans who back NSA

As Congress wrangles over the Patriot Act provisions soon to expire, Jon Stewart laid into Republicans who complain about “government overreach” in healthcare, while simultaneously supporting invasive phone record collection programs from the NSA.

McGowan posts fake Cruz quote on Duggar
Amid the fallout of the Duggar scandal last week, many have spoken up with opinions, including liberal actress Rose McGowan who posted a made-up quote from Sen. Ted Cruz (R-Texas) and later issued a reluctant, almost-apology. The Charmed actress’ not-so-charming tweet included a meme from the self-proclaimed “For Entertainment Purposes Only” website titled, “Stop the World, […]
Anti-Stephanopoulos artwork invades NYC

Posters depicting ABC News anchor George Stephanopolous and a smiling Hillary Clinton with the words "PayPal" and "Donate" written on them have been popping up close to the studio where ABC shoots Good Morning America.

Rubio gets first celeb endorsement

The Florida senator and official GOP candidate for president has just received a big celebrity endorsement from Rick Harrison of the popular show "Pawn Stars," according to a report in the Las Vegas Sun.

2016

Clinton Foundation donors got arms deals
There are new questions about whether there was quid pro quo involving then-Secretary of State Hillary Clinton and foreign governments linking donations to the Clinton Foundation and arms deals. According to the International Business Times, Saudi Arabia received a huge arms deal of $29 billion worth of advanced fighter jets. They were just one of […]
Rick Santorum is running for President
Former Sen. Rick Santorum (R-PA) is making a second run for the White House. According to ABC News, Santorum will be sitting down Wednesday with ABC’s George Stephanopoulos to discuss his intentions and how he thinks he can stand out in the crowded 2016 GOP field. His interview with Stephanopoulos comes as a shock to many […]
If campaign songs were honest

Campaign songs--that signature tune that accompanies a candidate at every amped-up campaign rally--can say a lot about a candidate.

Pot advocate hopes to change Hillary's mind
While Hillary is busy picking out which pantsuit to wear to a Florida fundraiser on Friday, her brassy host is prepping for her conversion on a much less predictable talking point– the legalization of marijuana. Trial attorney and outspoken medical-marijuana advocate John Morgan will host Clinton and her supporters in his Florida home this weekend, according […]
The 7 most hideous Hillary campaign store items

Instead of forcing you to browse through all the (mostly overpriced) items, I thought I'd give you a sampling of the truly most outrageous accessories, signs and clothing pieces put up for sale by the Clinton campaign ... and what they really say about those who buy them.

Policy

Chicago mayor wants even more gun control
Chicago Mayor Rahm Emanuel has a fever, and the only prescription is more gun control. After a bloody Memorial Day Weekend in Chicago that left 12 dead and 43 more wounded, Emanuel’s solution to the carnage is more gun control. At a luncheon Tuesday honoring police the mayor said that only “community action” and “stronger gun […]
Liberals reject over-the-counter birth control

Liberals lose their minds when one business declines to offer just a few forms of birth control.

Gun rights may be coming to NYC
Just last week Federal Judge Frederick J. Scullin struck down D.C.’s requirement that residents show “good reason” for needing a concealed carry permit. Now that battle may be spreading across the country. According to the New York Post, other anti-gun cities like New York City may be facing similar constitutional objections. New York City currently […]
Court rules DMV may ban pro-life license plates

A federal appeals court has ruled that New York can ban pro-life license plates as “patently offensive” messages that might drive someone to “road rage.”

NSA claims to be shutting down bulk surveillance

With key Patriot Act provisions soon expiring, and no legislative extension in sight, the question now becomes: will the NSA actually shut down their metadata program?