Oct 172011
 

Doc Conspiracy will be at the Asheville NC airport today, wearing a ‘Born in the USA’ T-shirt, for a stop on President Obama’s jobs speech tour.

In order to attend the speech tomorrow, each person had to show up personally in Asheville today to receive a complimentary ticket. Due to another commitment I was only able to arrive at the ticket location 40 minutes after they started handing them out. This photo shows what the line looked like after they had been handing out tickets for 40 minutes, 4 servers at a time with less than 30 seconds required to get a ticket:


Obamaconspiracy.org

Update: Doc seems to have had a good time – see more pictures.

 Posted by at 9:47 am
Oct 102011
 

CBO: Obama jobs bill reduces budget deficit

The Congressional Budget Office on Friday confirmed that President Obama’s jobs bill would be fully paid for over ten years and also gave its seal of approval to Senate Democrats’ version that includes a surtax on millionaires.

The CBO said that the original Obama stimulus bill would involve $447 billion in tax cuts and new spending—the same estimate given by the administration. It said the bill would raise $450 billion over ten years. The result is a $3 billion decrease in deficits over ten years.

The Senate Democrats’ bill, which replaces Obama’s taxes on the upper middle class with a 5.6 percent surtax on those with annual incomes above $1 million, raises $453 billion over ten years and reduces deficits by $6 billion. The tax kicks in in 2013.

Senate Majority Leader Harry Reid’s office highlighted that the CBO affirmed 60 percent of the stimulus comes in the form of tax cuts rather than spending and that most of the tax relief is for workers.

CBO also said that the bill “could have a noticeable impact on economic growth and employment in the next few years.” CBO under its own rules is prevented from factoring in increased unemployment, and the possible increased tax revenue that could result into its cost estimate.

The Hill



 Posted by at 12:42 am
Sep 222011
 

Republicans Decrying ‘Job Killing’ Green Energy Agenda Have Sought Green Jobs For Their Own Districts

WASHINGTON — The GOP-led House Oversight Committee may be accusing the White House of a “job killing” green energy agenda in a hearing Thursday — but at least ten Republicans on the panel have signed letters seeking to land green energy jobs in their districts.

In dozens of letters obtained by The Huffington Post, the lawmakers, led by Chairman Darrell Issa (R-Calif.), argue convincingly about Department of Energy funding going to their favored projects, often touting the job-creating potential of numerous endeavors.

The issue erupted earlier this month when reports broke that the bankrupt solar manufacturer Solyndra, which got $535 million in loan guarantees from the stimulus bill, was raided by the FBI.

Although the guaranteed loan project began under the Bush administration, many Republicans were quick to hammer the deal as evidence of “cronyism” — and proof that Obama’s key green jobs effort was a huge bust.

As it turns out, many of the committee members set to grill Obama administration officials Thursday were plenty eager to help constituents cash in on the efforts.

Huffington Post

Politico has more.

See also:

Issa Sought U.S. Clean Energy Aid in the Past

 Posted by at 8:23 am