Insists On Job-Killing Tax Hikes, Raising Debt Ceiling Without Spending Reform In the wake of President Obama and U.S. Senator Claire McCaskill’s deficit spending binge in Washington, our national debt now stands at a record-high $14.3 trillion. But rather than taking America’s debt and spending crisis seriously and getting Washington’s spending under control, McCaskill continues to stand with Obama in demanding job-killing tax hikes – even as more of her fellow Democrats join Republicans in demanding that tax hikes be taken off the table. As Roll Call’s David Drucker noted just minutes ago, liberal Nebraska Senator Ben Nelson came out today against tax hikes saying “Debt reduction should focus on spending cuts..Raising taxes at a time when our economy remains fragile takes us in the wrong direction. That won’t create jobs in Nebraska.” Meanwhile, as The Hill reported last week, “[West Virginia Democrat Senator Joe] Manchin, who is a top…
Tag Archives: Claire McCaskill
Almost 800 Days Later, McCaskill & Fellow Democrats To Propose $2 Trillion Tax Hike Budget
While Seeking To Increase The Country’s Credit Card Limit By Another $2 Trillion A full 798 days – and $3.2 trillion in new debt – since Senate Democrats last passed a budget, it appears Senator Claire McCaskill (D-MO) and her Democrat colleagues may finally be on the verge this week of at least introducing their own budget this Congress. But there’s a critical catch – according to published reports on Capitol Hill this morning, the Senate Democrats’ budget is expected to include at least $2 trillion in new tax increases – at a time when the national unemployment rate stands at 9.1%. Notably, this matches the $2 trillion in unchecked spending that McCaskill is calling for by increasing the debt limit without tying it to any serious spending reforms. “Missourians have waited almost 800 days for Senate Democrats to pass a budget, while the federal debt has climbed to $14.3…
White House Economists: Obama-McCaskill Stimulus Cost Taxpayers $278,000 Per Job
Obama’s Top Economists Reveal Hefty Price Tag For Failed Stimulus Debacle Since liberal U.S. Senator Claire McCaskill (D-MO) helped President Barack Obama ram his $787 billion stimulus into law, America has lost nearly 1.9 million jobs and our national debt has skyrocketed to a record-high $14.3 trillion. But despite these facts, McCaskill still insists that the stimulus has been “wildly successful.” Now, President Obama’s own top economists estimate that the Obama-McCaskill stimulus debacle cost taxpayers an average $278,000 per job. As the Weekly Standard notes: The report was written by the White House’s Council of Economic Advisors, a group of three economists who were all handpicked by Obama, and it chronicles the alleged success of the “stimulus” in adding or saving jobs. The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of”…
After Failing To Pass Any Budget For More Than Two Years, McCaskill Wonders If Balancing Budget Is “Reasonable”
Reasonable To Go 800 Days With No Budget, But Unreasonable To Live Within Means? As was widely reported yesterday, each and every U.S. Senate Republican is standing in full support of a common-sense Balanced Budget Amendment that would finally put our federal government back on a road to fiscal sanity – and against President Obama and the Democrats’ demands for more deficit spending and job-killing tax hikes. As a candidate in 2006, Claire McCaskill (D-MO) told Missourians she was in favor of a balanced budget, routinely casting herself as a proponent of fiscal responsibility. But in Washington, it has been nearly 800 days since McCaskill and her fellow Senate Democrats passed any budget, much less a balanced budget – and during that time our national debt has grown by a whopping $3.1 trillion. Now, as Missourians continue to demand that Washington get its reckless spending and debt under control, McCaskill…
As Republicans Seek Balanced Budget Amendment, McCaskill & Obama Demand New Tax Hikes, Wasteful Spending
Walks In Lockstep With Obama, D.C. Party Bosses, Against Missouri’s Interests It’s been more than 790 days since liberal U.S. Senator Claire McCaskill (D-MO) and her fellow Senate Democrats passed a federal budget – during which time our national debt has exploded to a record-high $14.3 trillion. But as Senate Republicans today propose – and unanimously support – a common-sense Balanced Budget Amendment to finally bring Washington’s spending and debt under control, McCaskill is standing instead with President Barack Obama and the rest of her Washington party bosses, joining their calls for new job-killing tax hikes and yet another round of wasteful “stimulus” spending. Notably, as a candidate for U.S. Senate in 2006 McCaskill expressed support for a balanced federal budget and routinely presented herself as a proponent of fiscal responsibility. But since arriving in the Senate, McCaskill has abandoned her earlier rhetoric, instead joining her liberal Democrat colleagues as…
Why Doesn’t McCaskill Agree With Fellow Senate Dem That More Spending & Tax Hikes Should Be Off The Table?
Again Stands With Obama, Left Wing Of Democrat Party In Washington With our national debt already topping a record $14.3 trillion, liberal U.S. Senator Claire McCaskill (D-MO) is standing with the left wing of the Democrat party in Washington as they continue to put crucial debt negotiations at risk with their insistence on more wasteful spending and job-killing tax hikes. Meanwhile, even some of McCaskill’s fellow Democrats are beginning to join Republican calls to take these harmful proposals off the table, including U.S. Sen. Joe Manchin (D-WV). As Politico reports: Manchin, who is a top GOP target in next year’s elections, has said he will not vote to raise the debt ceiling without spending reforms, and sides with the Republicans on keeping tax raises off the table. “I don’t believe in tax hikes,” Manchin said. “We have to start living within our means in this country.” “At a time when…
Why Won’t McCaskill Ask That Tax Increases & More Spending Be Off The Table For Debt Hike Talks?
Talks Frayed Over Democrats’ Insistence That Both Be Part Of The Final Deal With America’s debt now skyrocketing past $14.3 trillion, negotiations on Capitol Hill to increase the debt limit by another $2 trillion are currently stalled over Democrats’ insistence that tax increases and new “stimulus” spending be part of any final package, instead of the needed reform measures that non-partisan experts say are needed to prevent Medicare from going bankrupt. “America is on the brink of an economic crisis of historic proportions and yet Claire McCaskill and her fellow Democrats in Washington are insisting on job-killing tax hikes and even more ‘stimulus spending,’” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond today. “Americans know that the problem with Washington isn’t that our government taxes too little, but that it spends too much. At what point will Senator McCaskill listen to that message and finally stand up to her…
As McCaskill Seeks $2 Trillion Blank Check, CBO Issues Dire Report On Debt Crisis
On the 784th day since U.S. Senator Claire McCaskill and her fellow Senate Democrats last passed a federal budget, and in the midst of calls by McCaskill for a $2 trillion debt ceiling increase without any substantive spending reforms, the non-partisan Congressional Budget Office (CBO) today released a deeply troubling report on our country’s fiscal future. In its latest update of The Long-Term Budget Outlook, the CBO provides an overview of the looming debt crisis and projects that by the end of this year, the federal debt will reach roughly 70 percent of gross domestic product (GDP)—the highest percentage since shortly after World War II. “Years of borrowed spending and bigger government have brought our country to the most predictable economic crisis in American history, and instead of passing a budget in the last 784 days, Senator McCaskill wants to increase our credit card limit by another $2 trillion,” said National…
Obama & McCaskill’s Endless Summer…
One Year After Declaring “Recovery Summer,” Stimulus Failure Continues To Highlight McCaskill’s Reckless Spending, Broken Promises WASHINGTON — In case liberal U.S. Senator Claire McCaskill (D-MO) lost track of the date and forgot to remind Missourians, it’s been a full year since she and her fellow Washington Democrats declared that it was “Recovery Summer,” promising that their $787 billion in reckless deficit spending would fix America’s ailing economy. So, to mark the one-year anniversary of McCaskill and the Democrats’ “Recovery Summer,” it’s worth examining a few of the claims she and her party bosses made regarding their failed $787 billion stimulus. For instance… · The Obama administration claimed their stimulus would “save or create 3.5 million jobs before 2011,” and McCaskill claimed it was “about creating jobs.” But America has lost nearly 1.9 million jobs since she helped ram the stimulus into law. As President Obama admitted this week, “[s]hovel-ready…
Even Libya Passed A Budget – Why Can’t McCaskill & Fellow Senate Democrats?
Even in the midst of a civil war and daily air strikes by NATO forces, the Libyan Government has succeeded in doing something that U.S. Senator Claire McCaskill (D-MO) and her fellow Senate Democrats have refused to do for 778 days – pass a budget. Reuters news agency reports that Libya’s government this week approved a $31.4 billion budget for the rest of 2011. Yet, here in the United States, Senate Democrats like McCaskill haven’t even offered a budget proposal, let alone passed one. McCaskill’s liberal leaders, Senators Harry Reid (D-NV) and Chuck Schumer (D-NY), have said that to do so would be “foolish,” and that Democrats do not have the time to propose a budget. “It speaks volumes that even in the middle of a civil war, the Libyan government has succeeded in doing something that has eluded Senator McCaskill and her fellow liberal Democrats for more than two…
