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Palin: Washington Buying Bullets For Us

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Photo Credit: WNDImagine the worst-case scenario if the sequester goes through. The market nosedives. The economy implodes. Empty shelves. Riots. The feds hit the streets in force to restore order in a “national emergency.”

Sounds like something in a Third World country or Greece. It could never happen here, right? Think again, says Sarah Palin.

The former Alaska governor and Republican vice-presidential nominee believes the federal government is “stockpiling bullets in case of civil unrest.” Palin says the feds are afraid of what might happen if the sequester goes into effect.

She writes on her Facebook page: “If we are going to wet our proverbial pants over 0.3% in annual spending cuts when we’re running up trillion dollar annual deficits, then we’re done. Put a fork in us. We’re finished. We’re going to default eventually and that’s why the feds are stockpiling bullets in case of civil unrest.”

The sequester will trigger $85 billion in immediate cuts to federal funding and $1.2 over 10 years unless lawmakers reach a deal by Friday.

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Abdication: Senate GOP Ponders Shifting Power To Obama

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Photo Credit: John Shinkle Days before the March 1 deadline, Senate Republicans are circulating a draft bill that would cancel $85 billion in across-the-board spending cuts and instead turn over authority to President Barack Obama to achieve the same level of savings under a plan to be filed by March 8.

Congress would retain the power to overturn the president’s spending plan by March 22, but only under a resolution of disapproval that would demand two-thirds majorities in both the House and Senate to prevail over an Obama veto.

The proposal would require — like the sequester — that no more than $42.6 billion of the cuts come at the expense of defense programs. But the elaborate, almost Rube Goldberg construct is already provoking sharp criticism from Republicans and Democrats alike and reflects a political scramble to escape the fallout from the sequester.

Indeed, a rival Republican proposal to instead come up with alternative cuts and not cede power to the president was already circulating Tuesday night, a 31 page draft bill crafted by Sen. Kelly Ayotte (R-N.H.)

The sweep of the first GOP option, which has leadership support, is striking. If Congress were to follow this course, significant power would be shifted to the president, an unusual maneuver that even Obama himself and Senate Majority Leader Harry Reid (D-Nev.) have scoffed at. But the plan is being advanced by some conservative Republicans who don’t want the White House to continue using the sequester as a public relations hammer.

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Tom Coburn To White House: With Cuts On Way, Why A 100-City Spending Tour?

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Photo Credit: Medill DCWith sequestration budget cuts set to take effect in less than a week, Republican Sen. Tom Coburn has sent a letter to the White House asking for more information about a new initiative to help cities receive federal grants and other aid. The initiative involves White House and administration officials traveling to 100 cities around the country, helping local governments apply for federal money.

Given the president’s warning about dire effects from the coming cuts, Coburn wrote to Office of Management and Budget Deputy Director Jeffrey Zients, “It is somewhat surprising, therefore, for the White House to be headlining a 100 city government spending tour, transporting representatives from multiple departments and various agencies around the country to promote federal largess. If Washington is truly cutting spending on missions many consider vital, how can we at the same time promise and promote more financial assistance, much less afford this mammoth 100 city cross country tour?”

The White House has not announced the tour. Coburn relied on a news report from the first stop, February 14 in Beaverton, Oregon. “The city will host the feds at a daylong symposium to discuss how government agencies, nonprofits and businesses can help the city,” the Oregonian reported. “The event is the first in a new White House ‘Connecting Your Community’ program, in which national leaders plan to meet with representatives of 100 cities to pair federal programs with local needs.”

The Oregonian reported that officials from the White House, Environmental Protection Agency, Housing Department, Highway Administration, and other agencies traveled to Oregon for the event. The city of Beaverton has hired a consultant to help it win more federal grants, the paper said, looking for more federal dollars to add to millions in current grants from HUD, the CDC, the EPA, and others. The paper said the remaining 99 cities on the federal spending tour have not been announced.

“If Washington is truly cutting spending on missions many consider vital, how can we at the same time promise and promote more financial assistance, much less afford this mammoth 100 city cross country tour?” wrote Coburn. “While well intentioned, I urge you to cancel the 100 city government spending tour.”

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Fox News Poll: Voters Back Spending Cuts To Boost Economy By Huge Margins

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Photo Credit: J Pat CarterBy massive margins, voters say they would rather see the government cut spending than increase it as a way to boost the nation’s economy, according to a Fox News poll that showed, in hindsight, voters largely saying the 2009 stimulus did not work.

The poll showed that, by a 60-34 percent margin, voters say President Obama’s $800 billion strategy for pulling the American economy out of its one-and-a-half year long recession did not deliver on its promise. While more than half of Democrats said they thought the stimulus worked, 87 percent of Republicans and 58 percent of Independents said they thought it did not.

Opposition to another round of stimulus runs two-to-one, according to the poll. This could be because 73 percent of voters polled say cutting government spending would be more likely to help strengthen the nation’s economy — as opposed to just 15 percent who believe increasing spending would do the trick.

While Obama reportedly has said he doesn’t believe the government has a spending problem, the poll showed that out of 13 issues tested, more voters are “extremely” concerned about government spending than any other issue.

Even a majority of Democrats — 55 percent — agreed that cutting spending is the way to help the economy. Ninety-one percent of Republicans held that view.

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Naval Cuts Jeopardize US War Readiness, Experts Say

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Photo Credit: AP/US NavyThe threat of sequestration and looming budget deficits is already impacting the military readiness of the U.S., according to some defense analysts.

A recent Defense Department memo outlined the difficult steps the armed services must take to cope with the nation’s perilous fiscal situation. The memo recommended that the department fire administrative personnel, cut down on research and development, and cancel routine maintenance checks for naval ships.

“Cancel 3rd and 4th quarter ship maintenance availabilities and aviation and ground depot level maintenance activities,” the memo suggested.

The maintenance recommendations are particularly worrisome, and impact the U.S.’s naval preparedness, said Brian Slattery, a defense expert at the Heritage Foundation.

“The military is already having trouble in some circumstances meeting its readiness requirements,” he said in an interview with The Daily Caller News Foundation. “Maintenance is already a pretty significant concern, particularly with the navy.”

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Obama Says U.S. Needs Revenue Along With Spending Cuts

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Photo Credit:Andrew Harrer/Bloomberg President Barack Obama said there is “no doubt” the government needs new revenue from closing tax “loopholes” and limiting deductions, along with enacting spending cuts, to reduce the federal deficit.

There’s “no reason why we can’t have really strong growth in 2013,” the president said in an interview with CBS television yesterday before the network’s Super Bowl broadcast. He cited a recovering housing industry, strong manufacturing and rising car sales.

Revenue could be raised through an overhaul of the tax code, he said, “and we can do it in a gradual way so that it doesn’t have a huge impact.”

“There is no doubt we need additional revenue, coupled with smart spending reductions in order to bring down our deficit,” he said. “I don’t think the issue right now is raising rates.”

Two reports last week suggested worrying signs about the economy. The Commerce Department said Jan. 30 that the gross domestic product, the value of all goods and services produced, dropped at a 0.1 percent annual rate in the fourth quarter, the worst performance since the second quarter of 2009, when the world’s largest economy was still in the recession.

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Rand Paul: House Leaders ‘Retreated’ on Debt Ceiling

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Sen. Rand Paul accused House Republican leaders of having “retreated” in the face of a confrontation with President Barack Obama, criticizing their decision to vote on raising the U.S. debt ceiling this week during a speech in South Carolina Monday night.

In remarks to the Charleston Meeting, a gathering of conservative leaders in the first-in-the-South presidential primary state, Paul rebuked the House for its plans to delay the debt limit fight by a few months. Republicans intend to vote this week on raising the country’s statutory debt limit to delay a spending standoff with the White House by about three months.

“I saw the speaker on TV handing the newly sworn-in president a flag. I am afraid it was the white flag of surrender,” the Kentucky Republican said, according to a GOP source present at the meeting.

Alluding to the House GOP’s gathering last week in Williamsburg, Va., Paul jabbed: “They came out of their retreat and retreated.”

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Trump: If GOP Doesn’t Hold Firm ‘Country Will Go To Hell’

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It’s fair to say that Donald Trump hasn’t exactly been impressed with the GOP’s competence at the negotiating table. In a tweet sent out after Congressional Republicans and President Barack Obama averted the fiscal cliff, the author of The Art of the Deal and Time to Get Tough noted that Republicans may well be the “worst negotiators in history.”

Human Events caught up with Trump and asked him if he had any advice for the GOP moving forward.

When Republicans and Barack Obama came to an agreement on the fiscal cliff, you claimed that the Republicans might be the worst negotiators in history. Is this due to having the wrong people in place, or do they lack leverage to get it done?

Well, I like John Boehner very much and I respect him very much, so I don’t understand the reasoning behind the last negotiation. Republicans were in an incredibly strong position. They got nothing and they gave up their most powerful card. Republicans just didn’t seem to have the ability to deal with this issue.

[Trump Tweet] “Obama and the Democrats are laughing at the deal they just made…the Republicans got nothing!”

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GOP Increasingly Ready for Government Shutdown

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The appetite for a government shutdown is growing among Republicans, who had shied away from one during the debt and spending fights in the last Congress but now say one may be needed.

Several high-profile senators this week began laying the groundwork for a shutdown, saying that it may be necessary in order to restore “fiscal sanity” on the federal budget.

“I think the last time we saw a shutdown, the fact that Republicans were willing to stand together — on fiscally conservative principles — ended up producing a result that was responsible and that benefited the country and that ultimately produced enormous economic growth,” said Sen. Ted Cruz, a freshman Republican from Texas.

Fellow Texan Sen. John Cornyn, the second-ranking Republican in the chamber, wrote an op-ed in the Houston Chronicle on Friday saying a partial shutdown may be needed to show Congress is serious about cutting spending.

“It may be necessary to partially shut down the government in order to secure the long-term fiscal well being of our country, rather than plod along the path of Greece, Italy and Spain,” he wrote.

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Rasmussen: Highest-ever Support for Reduced Government Spending

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photo credit: bensonk42

Nearly three out of every four voters want Washington to slash spending, according to a new Rasmussen Reports poll.

Overall 73 percent of likely voters believe the federal government should cut its spending rather than increase it, the survey reported.

Just 18 percent believe an increase in federal spending is a better solution to the country’s economic woes.

“That’s consistent with earlier data showing that just 19 percent want to see more stimulus spending at this time,” reported Rasmussen.

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