Obamanomics

Obama to Boehner: ‘We Don’t Have a Spending Problem’

Posted January 6, 2013 by Tea Party

(Breitbart) – In an interview with Stephen Moore of the Wall Street Journal, newly re-elected House Speaker John Boehner (R-OH) opened up about President Obama’s utter unwillingness to cut a single dollar from federal spending. In a stunning admission, Obama reportedly told Boehner, “We don’t have a spending problem.” Boehner added that President Obama continues [...]

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Obamanomics

Obama lets Chinese own U.S. energy resources

Posted January 21, 2013 by Tea Party

Beijing acquiring major ownership in oil, natural gas across nation  (Dr. Jerome R. Corsi) -  The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S. The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a [...]

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Obamanomics

Obama Payroll Tax Hike Sparks Shock, Outrage

Posted January 13, 2013 by Tea Party

(Breitbart) – On Friday, millions of Americans began getting a taste of higher taxes as the expiration of the payroll tax holiday took a bigger bite out of their paychecks, leaving them with less cash in their wallets. Gabriella Hoffman, a 21-year-old nonprofit worker, told Fox News that the tax hike will mean about $780 [...]

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Obamanomics

Obama budget to target retirement accounts…

Posted April 5, 2013 by Tea Party

(The Hill) -  President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts. The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code. SPECIAL: [...]

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Obamanomics

Limbaugh: We’re in midst of designed ‘race wars’

Posted January 23, 2013 by Tea Party

(Rush Limbaugh) – RUSH: I want to grab a phone call real quick because I forgot this. I thought about stealing this and then telling HR to tell the caller to go take a hike. But I want to give the caller credit for this. This is Grace in New York City. Hi, Grace. I’m [...]

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Obamanomics

Obama’s $2.5M Hotel and ‘Vehicle Rental’ Tab on Last Mexico Trip…

Posted May 1, 2013 by Tea Party

(Weekly Standard) – As the White House first announced in March, Barack Obama is scheduled to visit Mexico and Costa Rica later this week. The trip is billed as “an important opportunity to reinforce the deep cultural, familial, and economic ties that so many Americans share with Mexico and Central America.” And at yesterday’s White House press [...]

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Obamanomics

Exclusive: McConnell Calls Out Obama’s Negotiation Charade

Posted December 27, 2012 by Tea Party

(Breitbart) – The office of Senate Minority Leader Mitch McConnell (R-KY) responded to reports today that President Barack Obama called him and other congressional leaders to receive updates about negotiations to avoid the Jan. 1 “fiscal cliff” by noting that it was the “first time McConnell has heard from any Democrat, including the President, on [...]

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Obamanomics

Obama Gives Raise to Biden, Congress as Fiscal Cliff Looms!

Posted December 28, 2012 by Tea Party

(Weekly Standard) – President Barack Obama issued an executive order to end the pay freeze on federal employees, in effect giving some federal workers a raise. One federal worker now to receive a pay increase is Vice President Joe Biden.According to disclosure forms, Biden made a cool $225,521 last year. After the pay increase, he’ll [...]

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Obamanomics

Obama’s Paycheck Exempt From ‘Sequester’…

Posted February 25, 2013 by Tea Party

(CNS News) – President Barack Obama won’t have to worry about his paycheck if the spending sequestration included in the Budget Control Act that he signed into law in 2011 begins taking effect this Friday. A report published last month by the Congressional Research Service–“Budget Sequestration and Selected Program Exemptions and Special Rules”–identifies certain programs [...]

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Obamanomics

Report: Obama Spent Twice as Much Time on Vacation/Golf as Economy

Posted April 28, 2013 by Tea Party

(Breitbart) – According to a new report by the nonpartisan Government Accountability Institute (GAI), President Barack Obama has spent over twice as many hours on vacation and golf (976 hours) as he has in economic meetings of any kind (474.4 hours). The report, “Presidential Calendar: A Time-Based Analysis,” used the official White House calendar, Politico’s [...]

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