From the time Obama assumed the office of POTUS, he has disobeyed the law regarding submitting a #budget.
- The Budget and Accounting Act of 1921 requires a budget for each fiscal year
31 U.S. Code § 1105 (a) stipulates “On or after the first Monday in January but not later than the first Monday in February of each year, the President shall submit a budget of the United States Government for the following fiscal year. Each budget shall include a budget message and summary and supporting information…”
It’s now six years into his reign of economic #plunder and he again flaunts the law. He is required by law to submit a budget to Congress no later than the first Monday in February. Six times late. Why?
Dave Ramsey says, “A budget is telling your money where to go instead of wondering where it went.”
Obama’s ploy is and has been to intentionally obfuscate expenditures from us.
For those Bush haters who will say, “But, Bush…“, I say, “Suck it up, moron.”
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.” — Ronald Reagan
Barack Obama, empowered by a Democrat Senate majority, has added more national debt than the sum of all previous presidents from the first “George” to the last “George”.
As of this morning, 3/6/014, national debt has skyrocketed to the astronomical sum of $17,409,592,000,000! We are running a deficit over $638 billion. Those of us who pay taxes – we are called taxpayers – owe $150,827 EACH – JUST TO SATISFY NATIONAL DEBT.
Year by year, the Congressional Budget Office warns, as it does this year, that Obama’s spendthrift ways are unsustainable. What does unsustainable mean?
Unsustainable means “incapable of being maintained at a steady level”. Let’s try a different definition: it means we are headed into the most disastrous bankruptcy the world has ever known.
Are you listening? Do you understand? If yes, can you share your understanding with everyone you know?
Tell Congress to cut federal spending on agencies that in and of themselves threaten our national existence: Environmental Protection Agency (all states have their own), Dept. of Education (all states have their own), Dept. of Energy (created to help, it now works against us), Dept. of Homeland Security, aka Obama’s National Police Force (you know the drill) and all funding to nations who wish us evil.
Keynesian economists believe taxes and revenue run parallel paths: increasing taxes will increase revenue. Presidents Kennedy and Reagan disproved this false economic theory.
“The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction.” Thomas Sowell
Foremost in endangering America is the Affordable Care Act, aka ObamaCare. Tell Congress you want #FullRepeal. This law is utterly destroying the medical insurance industry and it is causing closures of regional hospitals.
If Dave Ramsey asks where all the money has gone, you can truthfully say, “I don’t know.”
“You balance the budget by restraining the growth of government and encouraging the growth of the private sector.” – Mitt Romney