Category Archives: U.S. national debt

Biden vows to bring back Obamacare’s individual mandate penalty for not having insurance

From CNBC: Joe Biden, former vice president and 2020 Democratic presidential hopeful, said Friday he would bring back the individual mandate, the penalty for not having health insurance, which was a pillar of the Affordable Care Act.

“Yes, I’d bring back the individual mandate,” Biden said in an interview on CNN. The individual mandate would be popular now, “compared to what’s being offered,” he added.

Biden played an integral part in crafting the ACA, commonly known as Obamacare. However, President Donald Trump eliminated the individual mandate in 2017 by signing the Republican tax bill, effective the 2019 tax year.

Nearly all of the Democratic presidential hopefuls support some kind of government health-care plan.

While he does not support of “Medicare for All,” Biden said people should have the option to buy into Medicare if they want it.

“If you provide an option for anybody who in fact wants to buy into Medicare for All, they can buy in,” the Democratic presidential front-runner said.

Biden also took a nuanced approach Friday, saying he supports providing emergency health care for undocumented immigrants in the U.S.

“I think undocumented people need to have a means by which they can be covered when they’re sick,” Biden said. “In an emergency, they should have health care.”

Read the whole story here.

DCG

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Why wait? Send a big, fat check NOW: America’s richest billionaires say they want to be taxed more

Absolutely NOTHING is stopping these fools from writing a check RIGHT NOW to the US government. Demorats, send your money here.

From NY Post: The richest of the one percent have a message for the 2020 presidential candidates – tax us.

Financier George Soros and heiress Abigail Disney are among the 19 billionaires who published an open letter Monday to Republican and Democratic hopefuls saying that they “support a moderate wealth tax on the fortunes of the richest 1/10 of the richest 1% of Americans — on us.”

”The next dollar of new tax revenue should come from the most financially fortunate, not from middle-income and lower-income Americans,” they wrote.

Along with Soros and Disney, other signers include Facebook co-founder Chris Hughes, Molly Munger, daughter of Berkshire Hathaway vice chairman Charlie Munger, and members of the Pritzker family – along with one anonymous.

”America has a moral, ethical and economic responsibility to tax our wealth more,” they write in the letter.

A wealth tax could raise funds to address the climate change crisis, bolster health care measures, curb income inequality and provide relief for those with student loans.

”The concept of a wealth tax isn’t new: Millions of middle-income Americans already pay a wealth tax each year in the form of property taxes on their primary form of wealth — their home,” the letter says. “The kind of moderate tax on the richest 1/10 of 1% that we support just asks us to pay a small wealth tax on the primary source of our wealth as well.”

The letter noted that a number of Democratic candidates – Sen. Elizabeth Warren, Mayor Pete Buttigieg, former Rep. Beto O’Rourke and Rep. Tim Ryan – support the idea.

DCG

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Demorats’ 2020 platforms: Bribery and pandering!

Reparations for gay people!

Reparations for African Americans!

Cancel your student loan debt!

Illegal immigrants don’t have to leave once ordered to be deported!

Free everything-else!

I can’t wait to see who gets promised free money after next week…there are so many days left until the election it could be any one of us!

DCG

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$16.2 trillion tax hikes to fund millionaire-socialist Bernie Sanders’ Medicare For All plan

Although he had never worked at a productive job in his life, Bernie Sanders, 77, the Demonrat senator of Vermont who fancies himself an “independent” but actually identifies as an outright socialist, is that curious oxymoronic creature — a millionaire socialist with three homes.

One of the three homes is a lakefront summer home in North Hero, Vermont, which Sanders purchased for $600,000 just five days after the 2016 Democratic National Convention, in which he sold out his idealistic millennial supporters by enthusiastically endorsing his rival, one-percenter Hillary Clinton who had used the Democratic National Committee to undermine his presidential campaign. The Democratic National Convention even called a SWAT team on Sanders’ delegates.

On February 19, 2019, Sanders joined the ever-growing list of Demonrat freaks and communists by declaring his candidacy for the 2020 presidential election, pledging to run a campaign focused on “transforming” the U.S. and “creating a government based on the principles of economic, social, racial and environmental justice” — blah, blah, blah. Shedding his political identity as an “Independent” as readily as a snake sheds its skin, Sanders will, once again, run as a Democrat, as he did in 2016.

3½ hours after announcing his candidacy, Sanders raised over $1 million from small donations. Within a week of his announcement, Sanders had raised $10 million from 359,914 donors, including some 12,000 registered Republicans.

Central to his campaign is a “Medicare for All” plan. What you may not know is that the plan is not just for all Americans or U.S. citizens, whether Medicare age (65 years) or not, Sanders means to extend Medicare to all residents in the United States, including the tens of millions who are here illegally. Even Obamacare doesn’t do that, but instead provides medical coverage to only U.S. citizens and “lawfully present” immigrants. Sanders’ Medicare for All, however, will not only prohibit the government from denying medical coverage because of “citizenship status”, it will cover even those who can’t meet the loose definition of resident — “Even if an individual is not covered under a broad definition of ‘residency’ by the secretary of HHS, the federal government can take steps ‘to ensure that every person in the United States has access to health care.'” (The Blaze)

Sanders’ insanely expansive and expensive Medicare for All will have to be funded — with what he calls tax hike “options”.

According to an estimate by Americans for Tax Reform, a nonprofit, 501(c)(4) taxpayer advocacy group founded in 1985 by Grover Norquist at the request of President Ronald Reagan, Sanders’ Medicare for All proposal will increase taxes by $16.2 trillion over ten years, which “would hit American families at every income level and businesses large and small.”

The dizzying list of proposed tax hikes will include:

  1. A new 4% employee payroll tax: Sanders would impose another 4% payroll tax on top of existing payroll taxes. This new 4% payroll tax will be “income-based premium paid by employees,” which will  increase taxes on American families and individuals by $3.9 trillion.
  2. A new 7% employer payroll tax: Sanders would impose another 7% payroll tax on employees which he calls an “income-based premium paid by employers”, estimated to be a $3.5 trillion tax increase over ten years.
  3. Eliminating health tax “expenditures”: Sanders’ Medicare for All proposal would ban employer-provided insurance and repeal the deduction for health care and the Health Savings Accounts utilized by about 25 million U.S. families, mainly the middle class. The deduction for cafeteria plans and the medical expense deduction is also eliminated. All of which will increase taxes on families and businesses by $4.2 trillion.
  4. 70% top tax bracket for ordinary income and capital gains income, which would make America the highest income tax rate in the world. According to the Tax Foundation, a top 70% rate for ordinary income and capital gains income above $10 million will raise $51.4 billion over a decade. After accounting for macroeconomic effects, the proposal would actually cost the government $63.5 billion because the proposal would suppress investment and economic growth.
  5. 77% death tax: Currently, the death tax applies to estates over $11 million and applies a 40% rate. Under Sanders’ proposal, the death tax would kick in at $3.5 million with a rate of 45%. He also proposes raising the death tax rate to 77% for inheritances. All of which will increase taxes by $2.2 trillion over ten years.
  6. Wealth tax: Sanders proposes an annual wealth tax of 1 percent kicking in above $21 million in assets. Sanders estimates the proposal will increase taxes by $1.3 trillion over ten years.
  7. Bank tax: Sanders proposes a tax on financial institutions totaling $800 billion over ten years.
  8. Broaden the self employment tax: Sanders would require business owners to report more of their business income as salary, increasing the amount of self-employment tax owed, which would increase taxes by $247 billion over ten years.

U.S. national debt is already over $22 TRILLION. Imagine what Medicare for All taxes would do to our national debt. It would kill this country.

See also:

~Eowyn

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California elects idiots: Maxine Waters has no idea that US government nationalized student loans

This womyn is serving her 15th term in Congress. She is a Ranking Member of the Financial Services Committee.

She is also an idiot.

Hope you are proud, California!

DCG

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10 reasons NOT to vote next Tuesday

From John Philip Sousa IV’s essay on Stars & Stripes Forever:

Given that just a 2 or 3 percentage point drop in turnout among Republicans mean Democrats take control of Congress next year, I thought I’d list a few reasons why Republicans might want to consider skipping this election. Here goes …

1. If you like higher taxes, and you hate the explosive growth, new jobs, and higher incomes, that have lifted every American family — especially the poor — then don’t vote.

2. If you enjoy the polarization, blame shifting, and finger pointing in Congress, don’t vote. It seems like the moment the results of the last election were announced Democrats have been doing everything they can to create chaos and stop any progress at all. Imagine the congressional investigations they’ll launch if they take control of Congress. With Democrats in charge, expect even more resist, disruption, and delay.

3. If you want more violence in the streets, stay home. Groups like ANTIFA attack regular Americans with Democrat encouragement. Black Lives Matter regularly advocates for violence against police. Put Democrats in control and voters will send a clear message to these groups that their approach works and they should step it up in time for the 2020 Presidential elections.

4. If you want to replace rule of law with rule by the mob, don’t go to the polls. We all watched while Democrats found now Justice Kavanaugh guilty by allegation without the slightest shred of proof. They sought not to prevent confirmation by appealing to reason or argument. They worked to destroy a man’s reputation, career, and life — along with his wife, 2 daughters, and distraught mother — without presenting even a hint of justification.

5. If you want to stop the confirmation of conservative judges and appointees, forget about voting. Democrats have successfully stopped or delayed more presidential appointments than any congress in the last hundred or so years. Put them in charge of Congress and the trickle of confirmations will grind to a total stop.

6. If you think open borders for anyone who cares to enter is a good idea, then do nothing on November 6th. If you hate the idea of a wall, border security, or immigration enforcement; then Democrat control is for you. Don’t vote, let Democrats win, and we’ll see millions of new migrants enter America scot free. Not only that, but we’ll also see many billions more in spending on things like welfare, health care, and education for immigrants who flock here.

7. If you want more sanctuary towns, cities, and states that protect criminal illegal immigrants, then ignore election day. Crimes committed by illegal immigrants include murder, assault, rape, robbery and many more. But in sanctuary states and municipalities, police are banned from cooperating with federal authorities responsible for prosecuting and deporting illegal immigrants who commit crimes. If you want more places where violent criminal immigrants are protected, vote Democrat in November!

8. If your heart’s desire is more government-controlled everything, then don’t vote. If you agree Obamacare doesn’t go far enough and that only a total takeover of healthcare by government is acceptable, then stay home on November 6th. Health care is only the beginning. Democrats now openly advocate socialism as a better approach than allowing free people, freely choosing, to decide our economic well-being.

9. If you’re ready to dispense with the Constitution and the freedoms it protects, forget about voting. If you agree with the left’s view that things like respect for personal freedom, individual dignity, and limited government are old-fashioned, then don’t vote. The Kavanaugh hearings were only a single shot in their assault on justice, rule of law, and freedom. They’ve been clear they also want to repeal the 2nd Amendment — by legislation or court decree. And it won’t stop there. With them in charge, our constitution and guaranteed rights will be little more than a memory.

10. If you like the idea of breaking the budget and running up even bigger deficits, don’t vote. Obama ran up our deficit by trillions of dollars — more than all the other presidents in America’s 200 year history COMBINED. More Democrats in Congress will make sure Trump and Republicans don’t return to the old-school idea of discipline and restraint in spending, that they can’t cut the size of government, make it more responsive, or bring new efficiencies.

These are just a few of the reasons you may want to stay home and let Democrats run rampant over the election this November.

Or, you can go to the polls and stop Democrat Socialist policies that will hurt our future, damage our economy, and destroy our freedom.

In this highly polarized, divided environment, every single vote counts, and with this election everything is on the line.

November 6th, it’s up to you.

~Eowyn

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How will Ocasio-Cortez pay for her socialist agenda?

Don’t hold your breath waiting for an answer…

h/t Twitchy

DCG

 

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Obamaphone massive fraud & abuse: GAO finds 36% with Obamaphones are not eligible

The Federal Communications Commission (FCC) has a welfare program called Lifeline, popularly known as Obamaphones, which provides discounts to eligible low-income households for home or wireless telephone and, as of December 2016, broadband service. Administered by the not-for-profit Universal Service Administrative Company (USAC), Lifeline disbursed about $1.5 billion in subsidies to 12.3 million households in 2016.
The subsidies are paid for by all of us via a fee charged on our telephone bills. 
While the Lifeline program predates the Obama administration, having been created in the 1980s, it was vastly expanded under Obama.
Now, an investigation by the Government Accountability Office (GAO) found that as many as 36% — more than one in three — of those supposed low-income households given Obamaphones are actually of dubious qualification.

On June 29, 2017, the GAO released an 89-page report on its findings, titled Telecommunications: Additional Action Needed to Address Significant Risks in FCC’s Lifeline Program. Here are some highlights:
(1) To begin, although the GAO recommended that the FCC conduct an evaluation of its Lifeline program more than two years ago in March 2015, the FCC has not done that. In a July 2016 Order, the FCC finally announced its plan for an independent third party to evaluate Lifeline’s design, function, and administration by December 2020.
(2) The Lifeline welfare program depends on a flawed system of over 2,000 phone companies, called Eligible Telecommunication Carriers, to (a) provide the discounts for the phone and broadband services, which Lifeline then reimburses; and (b) verify subscriber eligibility. But the GAO notes that “This complex internal control environment is susceptible to risk of fraud, waste, and abuse as companies may have financial incentives to enroll as many customers as possible.” The FCC says it will create a third-party national eligibility verifier by 2019 to determine subscriber eligibility.
(3) Given the Eligible Telecommunications Carriers’ self-interested, financial incentives to enroll as many customers as possible, it should not be surprising that the GAO investigation discovered that as many as 1.2 million — 36% or more than 1 in 3 — Lifeline recipients are not qualified for the Obamaphones. In the words of the GAO report:

“Based on its matching of subscriber to benefit data, GAO was unable to confirm to whether about 1.2 million individuals of the 3.5 million it reviewed, or 36 percent, participated in a qualifying benefit program, such as Medicaid, as stated on their Lifeline enrollment application.

(4) Although all Americans with phone service are paying for the Lifeline program, strangely the Lifeline funds of more than $9 billion in net assets (as of September 2016) are in a private, non-government (i.e., outside of the Department of Treasury) bank account called Universal Service Fund (USF). The GAO points out at least two problems with this arrangement:

  • Federal government funds outside the Treasury do not have the same rigorous management practices and regulatory safeguards as other federal programs.
  • If the Lifeline funds are in the Treasury, some of the $9+billion in net assets could be used to offset federal debts, not to mention help reduce the crushing $20 trillion national debt.
  • Although the GAO had recommended in 2005 to the FCC to move Lifeline’s Universal Service Fund to the Department of Treasury, it was only this March 2017, some 12 years later, that the FCC finally developed a preliminary plan to move the fund to the Treasury. The GAO report warns that “Until FCC finalizes and implements its plan and actually moves the USF funds, the risks that FCC identified will persist and the benefits of having the funds in the Treasury will not be realized.”

~Eowyn

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MAGA: $182B budget surplus in April 2017; illegal border crossing down 76%

Whatever misgivings the Deplorables may have about President Trump’s continuation of the neo-con’s policy in Syria or his empowerment of daughter Ivanka and son-in-law Jared Kushner, there’s no denying these Trump effects:

(1) Budget Surplus

Confounding market expectations for a deficit, the U.S. government had a $182 billion budget surplus in April 2017, according to Treasury Department data released on May 10.

Government revenue last month totaled $456 billion, up 4% from April 2016, while government expenditure stood at $273 billion, a decrease of 18% from the same month a year earlier.

That budget surplus for just the month of April 2017 is $36 billion more than the adjusted surplus of $146 billion for the entire 2016 year.

The Trump administration’s budget surplus helps accounts for a reduction in the government deficit, which was $344 billion in fiscal 2017 year-to-date deficit — down $9 billion from the $353 billion in the same period of fiscal 2016. (Reuters)

(2) Illegal border crossing

The Trump administration’s commitment to enforcing the law has changed the reality along the U.S.-Mexico border even before a foot of the border wall is built:

  • Illegal immigration across the southwestern border is down a stunning 76% since President Trump was elected.
  • The flow of children and families across the border is down even more. The number of unaccompanied illegal immigrant children nabbed at the border dropped below 1,000 — a level not seen since before the “surge” in Obama’s second term, which he aided and abetted.
  • Overall apprehensions by the Border Patrol dropped to just 11,129 in April, according to numbers released on May 9, 2017, marking the lowest monthly total for any month in decades. (Washington Times)

We all know that if Hillary Rotten Clinton had been elected president, the deficits and illegal border crossings would have worsened, and U.S. taxpayers would still be paying for abortions across the world — among other ills. See:

~Eowyn

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Your tax dollars at work: $390k grant to study duck penis

Elizabeth Harrington reports for Washington Free Beacon that among the protesters at the “March for Science” on Earth Day, April 22, 2017, against the Trump administration’s budget cuts was Patricia Brennan, a visiting lecturer of biological sciences at Mount Holyoke College in Massachusetts, and a native of Columbia.

Brennan has a vested interest in taxpayers’ largesse as she is a leading researcher of a taxpayer-funded duck penis study that received $384,949 from the National Science Foundation. The grant was funded through the Obama administration’s 2009 stimulus package. The study looked at the differences in the corkscrew-shaped penises of ducks.
A recent interview with New England Public Radio revealed that Brennan is still fascinated by the genitalia of marine animals. She is now using her expertise on the penises of orca whales.
When an orca whale penis recently was delivered from Sea World to her lab, Brennan exclaimed, “Holy cow. Oh wow. Oh my goodness. It’s enormous! So this is the tip right there. It’s not super long, it’s just wide.”
New England Public Radio reported that “Although Brennan has spent 20 years studying the sex organs of marine animals, she’s never seen anything this big. It takes up an entire lab sink.”
In the face of a national debt of $20 trillion, President Trump wants to cut funding for frivolous research, among other cuts. Trump’s budget blueprint would leave the National Institutes of Health with $25.9 billion, but makes no mention of the National Science Foundation that currently gets about $7 billion annually.
Since taxpayers were informed about how much her duck penis study cost, Brennan has become a “sought-after science activist,” giving lectures on how scientists can defend their research.
Brennan said of news outlets reporting the nearly $390k grant for her duck penis study, “They were attacking everything. They were attacking the science itself, like, ‘what a waste of money.’ They were attacking me, as a person, like, I must be some kind of deviant to be looking at penises. Like, who does that?”
In a self-righteous article in Slate, Brennan justified her $390k duck penis study by its important, earth-shaking findings that:

  • Male ducks rape female ducks. (It doesn’t take a $390k study to know this. Anyone who lives near a lake, as I did, would have seen female ducks being gang-raped by males in springtime.)
  • Both the vaginas and penises of ducks have evolved in response to “sexual conflict”. As Brennan puts it, with barely suppressed outrage: “Males have counterclockwise spiraling penises, while females have clockwise spiraling vaginas and blind pockets that prevent full eversion of the male penis. Male ducks force copulations on females, and males and females are engaged in a genital arms race with surprising consequences. Male competition is a driving force behind these male traits that can be harmful to females.”

New England Public Radio calls Brennan a “basic scientist,” meaning she only observes how things work and is not “necessarily applying that knowledge to a particular problem.” In other words, there is no particular reason why she studies duck and orca whale penises. In Brennan’s words, “Just the fact that we just don’t know what we’re going to find is so exciting.”
Why, like, already beleaguered taxpayers must, like, fund her, like, “basic” pointless research on, like, marine animal penises is, like, not her concern.
~Eowyn

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