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Tag: President Obama
obama on IRS scandal

Bankrupting America’s Spending Daily

Posted: May 14, 2013 at 3:50 pm   /   Features, Politics, Top Stories

Spending Daily | May 14, 2013 IRS Commissioner: No “political or partisan motivation” in Targeting of Groups Acting IRS Commissioner Steven Miller editorializes in USA Today, “The Internal Revenue Service recognizes that we should have done a better job of handling the influx of applications by advocacy organizations. Mistakes were made, but they were in […]

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obama jobs tour texas

Bankrupting America’s Spending Daily

Posted: May 10, 2013 at 2:00 pm   /   Features, Politics, Top Stories

Spending Daily | May 10, 2013 “On Jobs Tour In Texas, Obama Offers Little New Hope For Jobs Progress In Washington” TIME reports, “President Barack Obama’s campaign-style, jobs-focused swing through the Texas technology core on Thursday was notable mainly for what it left out—any plan for putting his proposals into law. … Ostensibly Obama flew […]

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Spending Cuts

Bankrupting America’s Spending Daily

Posted: May 6, 2013 at 1:45 pm   /   Features, Politics, Top Stories

Spending Daily | May 6, 2013  No More Tax-Free Online Shopping? The Associated Press reports, “Attention online shoppers: The days of tax-free shopping on the Internet may soon end for many of you. The Senate is scheduled to vote Monday on a bill that would empower states to collect sales taxes for purchases made over […]

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Cutting Spending 2

Bankrupting America’s Spending Daily

Posted: May 3, 2013 at 2:30 pm   /   Features, Politics, Top Stories

Spending Daily | May 3, 2013 US Economy Adds 165,000 jobs in April Market Watch reports, “The U.S. created a net 165,000 jobs in April, the Labor Department said Friday. The increase surpassed the 135,000 forecast of economists polled by MarketWatch. What’s more, the economy created an additional 124,000 jobs in March and February than […]

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handing_money1

Bankrupting America’s Spending Daily

Posted: May 2, 2013 at 12:55 pm   /   Features, Politics, Top Stories

Spending Daily | May 2, 2013  SHOCK: White House Can’t Avoid Furloughs Bloomberg reports, “President Barack Obama began experiencing first-hand the effects of across-the-board federal spending cuts as the first wave of White House furloughs kicked in yesterday. The $85 billion in cuts known as sequestration hit White House staffers with day-long furloughs scattered throughout […]

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oh behave

No Smart Way? Oh, Behave…

Posted: May 1, 2013 at 5:10 pm   /   Features, Politics, Top Stories

No Smart Way? Oh, Behave… The blame game in Washington reached a new low yesterday when President Obama said that he shouldn’t have to tell Congress how to “behave” when it comes to the sequester.  In light of the comments, Bankrupting America decided to take a look back at how the White House has been […]

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spending

Bankrupting America’s Spending Daily

Posted: April 30, 2013 at 12:00 pm   /   Features, Politics, Top Stories

Spending Daily | April 30, 2013 “Treasury to pay down debt for first time since Obama took office” According to The Hill, “The Treasury Department announced Monday that it would reduce its level of debt in financial markets for the first time since President Obama took office. The department said it expects to pay down a […]

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hoarding money

No Smart Way? Debt Hoarders

Posted: April 30, 2013 at 7:45 am   /   Features, Politics, Top Stories

No Smart Way? Debt Hoarders More and more lawmakers in Washington are lining up to say we don’t have a spending problem and are ready to defend their massive deficits that add trillions to the debt.  But a new poll from Public Notice shows that the vast majority of Americans disagree; the best way to improve the economy is by […]

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