In an interview this morning, House minority leader Nancy Pelosi made the case that we don't have a spending problem. Indeed, Pelosi says, it is wrong to say we have a "spending problem":
Paul Ryan, chairman of the House Budget Committee, blasts President Barack Obama in a statement for breaking the law by refusing to submit an annual budget. "President Obama is required by law to submit his budget request for Fiscal Year 2014. For the fourth time in five years, however, he will miss the statutory deadline," Ryan's office explains.
The Senate Republican Conference released this video, accusing President Obama of "Empty Talk" on tackling spending:
"The Senate Republican Conference today released a video contrasting President Obama’s rhetoric on the need to reduce the nation’s debt with the reality that more than $5 trillion of debt has accumulated on his watch over the past four years," writes the conference in a press release.
Wisconsin congressman Paul Ryan knocked President Barack Obama for "shadowbox[ing] a straw man" in his inaugural address. Speaking Tuesday morning on the Laura Ingraham Radio Show to guest host Raymond Arroyo, Ryan responded to Obama's statement that Medicare, Medicaid, and Social Security "do not make us a nation of takers, they free us to take the risks that make this country great."
Ryan called Obama's insinuation that he and other reform-minded Republicans consider recipients of these benefits "takers" a "switcheroo."
President Barack Obama used his second inaugural address Monday to offer an aggressive, unapologetic defense of activist government and to call for a new spirit of unity even as he seeks to move the country even further left.
Federal welfare spending will skyrocket 80 percent over the next decade, according to new analysis by the minority side of the Senate Budget Committee. Here's a chart, provided by the committee, detailing the growth in spending:
At his press conference today, President Obama showed that he either thinks he can pull the wool over Americans’ eyes through the sheer force of his own outrageous rhetoric, or else he really believes his own rhetoric and is living in a fantasyland. The guess here is that it’s a roughly even mix of the two.
White House spokesman Jay Carney said yesterday that "deficit reduction is not a worthy goal unto itself":
"Most importantly because deficit reduction is not a worthy goal unto itself," said Carney, talking about government spending. "This is all about making our economy stronger, making it more productive and allowing it to create even more jobs. That is the most important thing when it comes to economic policy as far as the President is concerned."
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