LATEST NEWS

  • Fleming on Louisiana Medicaid Expansion Vote April 23, 2014

    Congressman John Fleming, M.D., released the following statement after the Health and Welfare Committee of the Louisiana State Senate voted against an effort to expand Medicaid in Louisiana: “Today's ...Read More

  • Fleming on Obama’s Latest Claim April 2, 2014

    Congressman John Fleming, M.D., released the following statement about the Obamacare enrollment figures: “We’ve now seen the Obamacare formula for success: Cancel the policies of millions of Americans...Read More

  • Fleming on Obama’s Latest Military Cuts February 24, 2014

    Congressman John Fleming, M.D., released the following statement following the announcement of proposed cuts in defense spending by the Secretary of Defense: “Louisianians frequently ask me: ‘Why does...Read More

  • Fleming Applauds New Technology Center and New Jobs to Bossier City February 18, 2014

    Congressman John Fleming, M.D., released the following statement after speaking at a press conference today in Bossier City, where it was announced that the company CSC would establish a new technolog...Read More

National Income and Expenditures Source: OECD & Tax Foundation

Contradictory Messages from the Obama Administration on Tax Increases:

"You don't raise taxes in a recession.”
President Obama - August 5, 2009

“We have a Democratic president and administration that is prepared to sign a tough package that includes…a revenue component.”
President Obama - July 19, 2011


Former Obama Economic Guru admits Negative Effect of Tax Increases.
  • In a study authored by Christina Roemer, Former Chair of President Obama’s Council of Economic Advisors, found that even a tax increase of just 1% on the economy, would conversely have almost double a negative effect on the economy.
  • If taxes went up just 1% - 1.84% would be taken out of the economy – hurting job growth and economic activity.
  • To view the study – click HERE
Source: OECD & Tax Foundation
National Income and ExpendituresImage: Mary Meeker, Kleiner Perkins

Budget Growth at a Glance

  • This chart is good summation of our fiscal picture.
  • Note the size of the two pies, Income vs. Expenses.
  • The Obama anemic economy and high unemployment has resulted in $250B in less revenue since 2008.
  • Growth in the economy alone will not balance the budget-spending cuts are a must.
  • Entitlement programs–58% of the budget–is the fastest growing segment of our budget, rising 27% in just two years.
  • ObamaCare is a new entitlement program that has yet to be costed into this chart.
  • CBO says interest payments on debt will grow to $1 trillion in just 10 years.
  • Spending cuts outside of Entitlement programs won’t be enough to balance the budget.

Click here to view more charts

 
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