Michele Bachmann 2012? Congresswoman to Form Presidential Exploratory Committee

Michele Bachmann 2012? Congresswoman to Form Presidential
Exploratory Committee

March 24th, 2011

Aliyah Shahid, New York Daily News

Tea Party darling Michele Bachmann will form a presidential exploratory
committee in early June, according to a published report.
Sources told CNN the move could come even sooner, allowing her to participate
in early Republican presidential debates in New Hampshire, South Carolina and
California.
“She’s been telling everyone early summer,” one of the sources told CNN’s
website. “If [debate sponspors] come to us and say, ‘To be in our debates, you
have to have an exploratory committee,’ then we’ll say, ‘Okay, fine … I’ll go
file the forms.’”
The decision to form the committee is an important step in any candidate’s
bid for the Oval Office because
it’s a significant fund-raising tool that generally signals an upcoming run.

State of the Union: Mammoth Government is the New Normal

State of the Union: Mammoth Government is the New
Normal

January 27th, 2011

Ben Johnson, FloydReports.com

In his 2011
State of the Union Address
, Barack Obama gave himself five more years of
trillion-dollar deficit spending, a $678 billion income tax hike, a Social
Security tax increase, and the permanent extension of ObamaCare – and he gave
Republicans medical malpractice reform and a joke about a salmon.
Since his inauguration, the president has gone on a two-year spending orgy
unrivaled since the days of Lyndon Johnson or FDR. Faced with a national
backlash against towering debt, he has come up with a “compromise”: Americans
should accept the big government expansion he has forced down their throats and
move on. This follows the president’s familiar pattern of forcing through costly
and unpopular measures, then promising “discipline” after the fact.
The most reported aspect of the speech was Obama’s pledge to freeze
discretionary, non-military spending at their current levels – exempting such
major programs as Social Security, Medicare, Medicaid, and Homeland
Security.
At the risk of stating the obvious, which perhaps no one has yet stated,
there is no “savings.” As President Obama would say, “Let’s be
clear”: Savings is when you reduce the amount of money you are spending. The
president’s proposal is to spend the same amount of money. The only “savings”
would come from the fact that inflation
unleashed by deficit
spending
and quantitative
easing
will devalue the dollar – but this is hardly a cause for cheer.
History shows that spending freezes rarely freeze anything. The most
ambitious attempt was the 1985 Gramm-Rudman-Hollings Act, which attempted to
control deficit spending by future Congresses, but many of the same politicians
who voted for the bill decided they would not abide by its terms the next year.
Deficits continued to mount. To give a more recent example, last year Congress
approved slightly more
than half
of the whopping $11.5 billion in spending cuts Obama requested
last year.
The amount of the budget actually affected is rather modest, indeed. It would
apply to approximately
12 percent of the budget
. Alec Phillips, an analyst with Goldman Sachs,
estimates that if every Congress for the next five years holds to current
levels, it would “save” $200 billion. The New York Times noted its
higher estimate of “$250 billion in savings over 10 years would be less than 3
percent of the roughly $9 trillion in additional deficits the government is
expected to accumulate
over that time.” Obama’s plan would cost
half-a-trillion dollars more
than returning
to 2008 spending levels
, as proposed by the most moderate Republicans. Sen.
Rand Paul has proposed a half-a-trillion
dollar spending cut
this year, which includes cutting food stamps
and eliminating the Corporation for Public Broadcasting and the National
Endowment for the Arts. Ohio Congressman Jim Jordan and Senator Jim DeMint
introduced a bill to cut
$2.5 trillion
over ten years, eliminating the aforementioned programs as
well as Amtrak and the president’s “high-speed rail” and rolling back spending
to 2006 levels. Obama’s freeze is small beer in its own terms and hypocritical
when paired with his calls for new spending.
The State of the Union made only passing reference to the greatest budgetary
crisis facing us: out of control entitlements (and most of his “solutions” are
bad ideas; see below). “Mandatory” spending alone exceeds projected federal
revenues – the amount of money the government took in all year. If we eliminated
100 percent of discretionary spending – privatized the Post Office, dismantled
the military, and fired every federal prosecutor and judge – we would still run a
deficit
.
Nonetheless, the president instructed us, “The final step to winning the
future is to make sure we aren’t buried under a mountain of debt.” As though we
are not already buried under a mountain of debt. As though this were not a
mountain of his own making. As though it were not one he wished to greatly
enlarge
.
What Obama intends to freeze is big government. His proposal to hold-the-line
comes after he jacked
up federal spending by 84 percent
. After inflating the federal government
beyond the free market’s carrying capacity, he now wishes to maintain the status
quo.
As usual Sen. Jeff Sessions, R-AL, had the best analysis of Obama’s spending
freeze, calling it “a plan for deficit preservation.” The day
after the State of the Union speech, the Congressional Budget Office (CBO)
predicted the deficit for 2011 will be….
Read
more
.

Michele Bachmann: The Female Reagan

Michele Bachmann: The Female Reagan

January 24th,
2011

J. Matt Barber, CNSNews.com

From the instant his fruitful eight-year reign ended, Republicans have pined
for the next Ronald Reagan. To date, no man has succeeded in filling the
conservative standard-bearer’s legendary boots. Well, maybe it’s time to swap
boots for pumps. Could he be a she?
Sarah Palin, you say? Perhaps, but there’s actually another outspoken,
attractive, fearlessly conservative Tea Party favorite firing up the
center-right grass roots: Rep. Michele Bachmann, Minnesota Republican.
Forget a Senate run. The buzz inside the Beltway is that Mrs. Bachmann may be
looking to add a woman’s touch to the Oval Office (beyond just sprucing up its
temporary occupant’s eyesore decor). Her spokesman, Doug Sachtleben, has
confirmed to media that the congresswoman is considering a potential
presidential run, saying: “Nothing’s off the table.”
Mrs. Bachmann also hinted at the possibility, recently telling MinnPost.com:
“We’re going to have a deep bench for 2012, I have no doubt, and I think what
people are asking for is a bold, strong, constitutional conservative.”
Read
more
.