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Tax revenue

Started by Jim Babcock, 08/04/2009 01:03AM
Posted 08/04/2009 01:03AM Opening Post
As Obama and the Dems continue to take full advantage of a disaster by spending as much as they can as quickly as possible, revenues to the federal government are tumbling.

http://news.yahoo.com/s/ap/us_plummeting_taxes

The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health care and other programs on the nation's plate and struggling to find money to pay the tab.

The numbers could hardly be more stark: Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression, while the federal deficit balloons to a record $1.8 trillion.


Just remember that this is just the start of the Obama spending spree. The CBO said that the full amount that the libs have spent in the end could reach $26 trillion. And that does not even include his destruction of the health care system. He has only been spending your descendant's money for 6 months. Now is the time to make your voice of disgust for the leftist and socialist policies. Congress is on summer break and out there talking to the voters. Find out where your representatives are and make sure that they understand that if they continue to go along with the Obama madness you will do everything legal to help defeat them when they come up for reelection.

Clear Skies,
Jim

"You guys make a pretty good photo op" Obama said about the military. A perfect example of how libs support the troops.
Posted 08/04/2009 02:01AM #1
Actually I read an article where the VP tried to justify spending even more in order to get out of debt. How liberal of him.

Clear Skies,
Jim

"You guys make a pretty good photo op" Obama said about the military. A perfect example of how libs support the troops.