Obama Falsely Claims to Cut the Deficit in 10 Years

Obama is confused between reduces deficit spending and reducing the national debt. There is a humongous difference. Also, Obama is planning to reduce the deficit by adding over $7 trillion to the national debt over 12 years instead of 10 years. Huh??

(HotAir) When Barack Obama gave a much-anticipated speech on the budget and deficit spending last week, it turned into a disappointing mix of ambiguities and demagoguery. Most people couldn’t discern any “plan” at all in the speech, only hazy promises with few specifics. As it turns out, Obama himself doesn’t appear to be aware of even those few specifics he did offer. In yesterday’s Facebook townhall event, Obama not only mischaracterized the scope of the Republican plan to cut deficits, he also mischaracterized his own:

Obama Speech is Weak and Has TOO Many Hole

Today, President Obama gave a speech on deficit reduction. Besides pandering to the Liberal base, the speech is nothing more than a class warfare tactic to increase the tax on the rich. America heard that cliché before many times and I think we are sick of the rhetoric. When Liberals and Democrats say tax the rich, they meant to tax everybody. Look at the price of food and other consumable goods. Look at the gas price we are currently paying. These are form of taxes that everybody pays.

Democrats had their chance when they took over in 2006. Since then, they didn't create a balance budget. In reality, they weren't serious about it. Initially, Obama created a Fiscal Commission and that was a façade. It was ceremonial pageantry. In fact, Obama ignored the commission’s recommendations and disregarded many of their suggestions from the budget. Now, Obama decides to play leadership. In the speech today, Obama wants to put another commission to solve the problem he refuses to confront. This is called "kicking the can" down the road. Obama is hoping a miracle that the deficit will fix itself.

(Weekly Standard) House Budget chairman Paul Ryan's office highlights "key facts" from Obama's speech:

· Counts unspecified savings over 12 years, not the 10-year window by which serious budget proposals are evaluated.

· Postpones all savings until 2013 – after his reelection campaign.

· Runs away from the Fiscal Commission’s recommendations on Social Security – puts forward no specific ideas or even a process to force action.

Calls for the appointment of another commission, after mostly omitting from his Fiscal Year 2012 Budget any of proposals submitted by the commission he appointed last year.

· Non-specific framework fails to meet his Fiscal Commission's own deficit-reduction goals.

Taxes:
· Proposes to raise taxes on the American people by more than $1 trillion, devastating our fragile economy and stifling job creation.

· Endorsed the Fiscal Commission’s ideas on taxes, which specifically called for lower tax rates and a broader base, but then called for higher tax rates. Which is it?

· Government health and retirement programs are growing at more than twice the speed of the economy. At the current rate of spending, revenue would have to rise “by more than 50 percent” just to keep debt at its current level, according to the Government Accountability Office. That means tax increases across-the-board, now and in the future.

Medicare:
Instead of proposing structural reforms that would actually reduce health care costs, the President proposed across-the-board cuts to current seniors’ care.
· Strictly limits the amount of health care seniors can receive within the existing structure of unsustainable government health care programs.

· Gives more power to unelected bureaucrats in Washington to determine what treatments seniors should or shouldn’t get, against a backdrop of costs that continue to rise.

· Conceded that the relentlessly rising cost of health care is the primary reason why the nation is threatened by debt, and implicitly conceded that his health care law failed to solve the problem.

· Eviscerates the only competitive element anywhere in health-care entitlement programs – the competition amongst Part D prescription-drug plans – which allowed the drug benefit to come in 41 percent under budget.

Medicaid:
Acknowledges that the open-ended financing of Medicaid is a crippling financial burden to both states and the federal government, but explicitly rejected the only solution to this problem, which is to give states the freedom they need to design systems that work for the unique needs of their own populations.

Defense:
Proposes more cuts on top of $78 billion in cuts included in his own defense budget, which he proposed just two months ago – all at a time when he continues to task the military with new missions.

Flashback: Obama pledges to cut the deficit in half by the end of his first term

I have waited to this point to bring this article back from the archives. Obama has served for over 2 years in office and I am still waiting to see the $1.3 trillion national deficit to be cut in half by the end of his first term. It was on February 2009 when Obama made that very bold and idiotic statement. With the recent cuts to avert a government shutdown, Obama is still running a trillion dollar yearly deficit. In addition, Obama promise transparency which he reneged. Obama promised to end accounting tricks to make the numbers look good, which he reneged. Obama also pledged to end no-bid contracts in Iraq, end waste in entitlement programs such as Medicare and Medicaid, and reinstate "pay as you go" rule, which were all lies. Obama boast that the estimated $1.3 trillion deficit inherited from the Bush administration will be halved to $533 billion by 2013, or from 9.2% of the gross domestic product. In reality, Obama's math is extremely fuzzy and his optimism foolish.

(CNN) WASHINGTON -- President Barack Obama pledged Monday to cut the nation's $1.3 trillion deficit in half by the end of his first term.

He identified exploding health-care costs as the chief culprit behind rising federal deficits during a bipartisan "fiscal responsibility summit" convened to discuss ways to restore fiscal stability without deepening the recession.

Meeting with the congressional leadership of both parties, as well as a range of business, academic, financial and labor leaders, Obama warned that the country cannot continue its current rate of deficit spending without facing dire economic consequences.

It is Confirmed that 2200 US Marines on Ground in Libya

President Obama said he is admanant he will not put US troops on the ground in Libya. Well, the president lied. US Marines are involved in support operations for the town of Ajdubiyah, Libya. Also, the Marines are involved in search and rescue operations in Libya. There are reports of a rescue for their own marines who crashed an F-15 Strike Eagle due to "malfunction" while on a mission in Libya. Sooner or later, we will eventually see a larger US military presence on the ground in Libya. If that happens, Obama can kiss his second term as president good-bye.

(WCTI12 News)
ONSLOW COUNTY -- We've seen Camp Lejuene Marines in Iraq and Afghanistan and now they are joining the fight against Libya.

About 2,200 Marines from the 26th Marine Expeditionary Unit will take part in support operations based aboard USS Kearsarge at sea. Those support operations have thus far included air strikes and one rescue operation. The overall mission is to help end the violence directed at the Libyan people.

"In Libya right now they are doing exactly what we need them to do. They are doing what they are told and right now that's protecting Libyan people against Qadhafi forces," said Captain Timothy Patrick, a Marine with the 26th MEU.

UPDATE: Conditions set forth by the U.N. Security Council towards resolving the unrest in Libya included the removal of Libyan Leader Muammar al-Qadhafi’s forces from Ajdubiyah. These latest strikes by the MEU aimed at preserving the sanctity of the city and the safety of the civilians within it. In an effort to safeguard the Libyan populace and infrastructure in and around the city of Ajdabiyah from further attacks by regime forces, 26th MEU, as part of Joint Task Force Odyssey Dawn, launched a second round of strikes by AV-8B Harrier jump jets.

“Our primary concern was ensuring the people inside Ajdubiyah were safe from Qadhafi’s artillery and tanks,” said Col. Mark J. Desens, commanding officer of 26th MEU. “Everything we are seeing following these strikes indicates that his forces are now less capable of threatening the town than before.”

A Marine Medium Tiltrotor Squadron, 26th Marine Expeditionary Unit's AV-8B Harrier jump jet returns to USS Kearsarge for fuel and ammunition resupply while conducting air strikes in support of Joint Task Force Odyssey Dawn, March 20, 2011. Joint Task Force Odyssey Dawn is the U.S. Africa Command task force established to provide operational and tactical command and control of U.S. military forces supporting the international response to the unrest in Libya and enforcement of United Nations Security Council Resolution (UNSCR) 1973. UNSCR 1973 authorizes all necessary measures to protect civilians in Libya under threat of attack by Qadhafi regime forces. JTF Odyssey Dawn is commanded by U.S. Navy Admiral Samuel J. Locklear, III
Patrick said that Marines from the 26th MEU are coming on the end of their deployment. They will be replaced with Marines from the 22nd MEU.
A press release from the 26th MEU reads, in part:

"Protecting the innocent and conducting combined operations are what we are designed to do, our forces are doing both as part of the U.S commitment to protect Libyan citizens."

Obama Forces 700,000 Seniors Out of Medical Coverage

Obama laughs at 700 thousand more seniors. President Barack Obama is a bald faced liar and senior citizens will die thanks to this duplicitous Chicago politician.

Obama said while trying to pass his government takeover of your health care that you would be able to keep your doctor and health care plan. Like Jon Lovitz of Saturday Night Live, he lied and he knew it.

Last year we heard it over and over, I'm talking of course about President Obama's promise that if you like your plan you can keep it. Well forget it. Today it was discovered that another 700,000 Seniors will have to change plans, because health insurers are shutting down certain types of plans because of legislative changes and looming cuts to federal funding. That is on top of the announcement in August that three million seniors would have to get new providers.

Cigna Corp., Harvard Pilgrim Health Care, several Blue Cross Blue Shield plans and others aren't renewing hundreds of Medicare Advantage plans, which are Medicare policies administered by private insurers. The moves will displace some 700,000 beneficiaries who must find new policies, according to Humana Inc., a large seller of Advantage plans.

For 2011, the Kaiser Family Foundation said there will be a 13% decline in the number of Medicare Advantage plans. "

He lied about the Death Panels--there are two.

He lied about his takeover of your health care would bring down costs. "The pullback is largely due to a 2008 law that required the plans to have networks of preferred doctors, with the idea that managed care could be less costly and aggressive marketing could be curbed. Some providers of traditional fee-for-service policies decided to close the plans rather than invest in networks. But some insurers say the federal health-care overhaul, which includes $140 billion in cuts to reimbursements for Advantage plans over 10 years, is a factor as well.

Insurers are also saying as the market tightens up more plans will close and prices will go up."

Why would you expect to have costs go down if you cut half a trillion dollars from Medicare and add 32 million people to be served. Oh, all of this without adding a single doctor and lowering reimbursement fee for hospitals and doctors.

Thanks to the hack from Chicago, not only is our economy tanking, the value of our dollar going down 20%, but our very health is now in trouble. About 735 days to regime change--this is no longer about politics; it is about saving your life.