Posts Tagged ‘Federal Budget’

  • The Twisted Budget

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    I am amazed by the press coverage of President Obama’s budget speech at The George Washington University.

    Obama came across as disingenuous as he stumbled and stammered on issues that he appeared to know nothing about. The Daily Caller posted an article regarding the”Fourth Estate’ which alludes to the massive growth of government entitlements. We all know that Medicaid is broke and this is one of the reasons that many states are on the brink of bankruptcy. Obama wants to create a new set of entitlements for all of the uninsured, which I call “The Third Entitlement”.  By creating this third entitlement he wants to cut Medicare and vastly expand Obamacare.

    Obama’s knee-jerk reaction was to blame Rep. Paul Ryan for his well-thought out budget plan that would actually save Medicare, cut Medicaid programs and create block grants at the state level where they can be managed better.

    The bottom line is that the president does not have an understanding of Paul Ryan’s plan. Obama is concerned only about the expansion of government where Ryan is attempting to reign it in.  It is a much different scenario today for the Republicans after Obama’s major 2012 campaign speech yesterday — Speaker John Boehner and the Republican Leadership are saddled with the absolute theme of Obama’s Presidency: Obamacare, a new costly entitlement to expand Medicaid while robbing funds from Medicare and creating the third entitlement to cover the uninsured, illegal immigrants.  What an outrage!

  • Obama won’t stop until America is bankrupt

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    Obama was visibly absent and uninvolved during the budget negotiations between Speaker of the House John Boehner and Senate Majority Leader Harry Reid last week. Today he sauntered over to GWU with multiple agendas in his back pocket.

    First, Obama was going to university campus to deliver his rhetoric.  He has been showing up at a lot of College campuses lately.

    He is on his daily campaign stop for 2012 tore-energize  the youth vote that proved so important to his election in 2008. While  recent polls that show 69% of Americans feel the country is headed in the wrong direction, Obama has to counter the deal that almost had to shut down the Government last Friday.

    So Obama proposes that he wants to reduce the budget cuts and raise taxes. Just as there was a little light at the end of the tunnel he reverses the progress. He wants to reinstate Medicaid cuts and all of the social drains contained within Obamacare. He truly is taking us on the road to a financial meltdown. Stay tuned for the Republicans response…

  • The GOP Stood Firm on the Budget

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    As the terms of the Budget deal were tossed around last week, many things stood out. First, kudos to the Republicans who stood their ground and hit a home run. Speaker John Boehner was determined to get the budget through even if it meant shutting the government down. He was loyal to the constituents who voted in 87 house members in November demanding our inflated federal government stop spending money at the rate that it had been for the past two years.

    Rep. Paul Ryan (R-WI)

    President Obama was no where to be found all day Friday as Boehner and a weakened Harry Reid duked it out. It is important to note that the original Democratic budget plan included ZERO budget cuts. Harry Reid bowed to the Republican push and agreed to allow issues surrounding funding for Planned Parenthood and NPR voted on in the Senate. These programs may not get defunded, but we will get our elected officials on the record regarding these non-deserving drains on our budget and the American taxpayer’s wallet.

    While Obama, who’s now focused on 2012, wants to take credit for passing a budget and avoiding a shutdown, the kudos go to the Republicans and Speaker Boehner for driving these cuts home. There’s much more to do, but this is a solid start.

    Congressman Paul Ryan, Chairman of the House Budget Committee, is getting the attention he deserves as the only Member of Congress putting together realistic plans to cut federal spending. He is a problem solver and has the facts and numbers to back things up.

    Under his plan, Medicare will stay the same as it is now for those currently 55 and older. For those under the age of 55, Medicare and Social security will change, and for the better. You will still receive Medicare but it will be managed by private insurance companies to reduce the drain on government coffers.

    For Social Security, we may have the opportunity to direct some of your funds in investments just as you manage your portfolio. I believe that both Social Security and Medicare need to be privatized to allow free enterprise to market, sell and create the actuarial tables. This not only would draw out efficiencies via a capitalist model, but if managed correctly it could make money for our economy and not drain it. In my role as a Registered Nurse and owner/operator of a home health care company, I deal with Medicare provisions each and every day. The current Medicare model is broken. These changes are absolutely necessary.

    I believe that Paul Ryan’s plan, even though it may not make it through the Senate, will have a lasting impact on our economy, spending and certainly healthcare. It shows that the recklessness of Obama’s spending and Obamacare will bankrupt our nation and destroy our free market system. Paul Ryan and John Boehner have made great strides in seeing that this doesn’t happen.

  • The Rounds: The Budget Battle and Health Reform

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    As the budget standoff in Washington steers us towards a government shutdown, health reform, and Obamacare in particular, has moved to the center of the debate.

    Rep. Paul Ryan of Wisconsin has been featured here before as he has consistently demonstrated he is one of the few Members of Congress who is truly serious about attacking our nation’s fiscal ills. Ryan is making news again with his budget plan that puts repeal of Obamacare front and center.

    In his op-ed in the Wall Street Journal, Ryan addresses his approach to Medicare:

    The open-ended, blank-check nature of the Medicare subsidy threatens the solvency of this critical program and creates inexcusable levels of waste. This budget takes action where others have ducked.

    While Ryan does not discuss Obamacare in his WSJ piece, his plan clearly targets it. Michael Cannon of CATO states that:

    On Tuesday, House Budget Committee Chairman Paul Ryan, R-Wis., released a budget blueprint that tackles the three big health care challenges facing the federal budget — ObamaCare, Medicare and Medicaid – with a strategy of repeal, vouchers and block grants. Done properly, those steps would simultaneously improve health care and help balance the budget within a decade.

    In other news, the Accountable Care Organization (ACO) regulation details were released and everyone’s pouring over them. These outline how health delivery organizations must comply with Obamacare starting in 2012. It’s the details, and there’s likely many devils contained within.

    Finally, Investors Business Daily calls out AARP, which I just blogged about.

    The tax-exempt seniors group that pushed hard to get ObamaCare passed stands to reap a billion-dollar reward over the next decade as ObamaCare destroys the competition to the products it endorses.

    The long saga of Obamacare continues. Let’s hope it ultimately has a happy ending. One with repeal in it.