U.S. Deficit Drop Rains on Republican Parade

U.S. President Barack Obama and first lady Michelle Obama walk through a gate in the Columbia Parc Development to visit newly built homes in New Orleans

Many Republicans in Congress have been parading around Washington D.C. thinking that they finally have President Barack Obama where they want him with all the controversies that have come out. Well, news about the U.S. deficit drop is about to rain on their parade.

We all know how Obama saved General Motors and how he has brought the country out of the recession that was caused by the actions of his predecessor in President George W. Bush. Well you can add reducing the deficit at a far larger pace as a new report from the Congressional Budget Office estimates that when the fiscal year ends on September 30th the deficit will fall to $642 billion which is $200 billion lower than what the office estimated just three months ago.

The news is a huge blow to Republicans as it shows that their talk is nothing more than hot air.

Since Obama got his Affordable Care Act passed, Republicans have touted that the law would be costly and hurt the country. Across the aisle Democrats have stated that the law would help the economy as it would control health care costs and give coverage to people who don’t have any. The report shows that Democrats were right on that issue.

Also, the report takes raising the debt ceiling out of the picture for now. That is another huge blow to Republicans as they were trying to obtain spending cuts to Social Security and Medicare in exchange for raising the debt ceiling.

That may not be the only thing that could come to blow up in their face. Two controversies that have risen recently may backfire on Republicans.

The first is the scandal that is involving the IRS.

The IRS gave extra scrutiny to Tea Party Organizations that were seeking social welfare tax exemption status. Reports have that there has been a huge increase of tax exempt applications since the Supreme Court ruled on Citizens United. If the investigation by the Department of Justice shows that these parties were indeed abusing the system then Republicans will come out looking like a bunch of cheaters.

The other scandal is the Justice Department subpoenaing Associated Press phone records.

Many media outlets are upset that the Department of Justice subpoenaed phone records who subpoenaed the records after the Associated Press reported about a successful CIA operation last year. While some may compare this to the same type of bullying that President Richard Nixon imposed in the 1970s, the fact is the two are very different. The reason is that Nixon’s Watergate was a criminal investigation while the phone record scandal is a matter of national security.

There is a fine line in journalism and the Associated Press crossed it. Editors should have shot down the story as it put in danger the operative that infiltrated the Yemen branch of Al Qaeda, and their own reporters. Also, the operation was classified, so that means there is a good chance that the editors and reporters involved in the report will be charged with treason just like what happened when Wikileaks published classified U.S. information.

U.S. Army Private First Class Bradley Manning faces a slew of charges for releasing the information to Wikileaks. One of those charges is aiding the enemy and if he is convicted on that charge he could be given the death penalty. Wikileaks founder Julian Assange most likely would have been charged with something as well, but he is currently residing in the Ecuador Embassy in London for political asylum from extradition to the U.S. or the other countries that currently have charges laid against him.

So, next time you hear some kind of scandal coming out of Washington D.C. wait awhile for all the information to come out as usually what is reported at first is completely different than what the whole story is at the end.

Written By: Paul Kasprzak

19 Responses to "U.S. Deficit Drop Rains on Republican Parade"

  1. Brian Macker   May 17, 2013 at 10:56 pm

    Projections are just that projections, and they are still projecting a gigantic deficit. Besides the problem isn’t the deficit but the debt. I understand that you Europeans don’t understand these things being worse socialists than Obama. At some point you do run out of other people’s money.

  2. Ken   May 17, 2013 at 10:04 pm

    This article is laughable at best. Is this an actual news organization putting this out? ugh. to say it’s skewed the truth would be the understatement of the year. So, what is the price for your journalistic integrity?

  3. APatriot1   May 17, 2013 at 10:01 pm

    The GOP sharks smell blood in the water. They’re even worse than the second term of the Clinton administration. Economic progress means nothing to these political animals. They’re a greater threat to our nation than any terrorist group by far. Of course the GOP will claim credit for the deficit reduction due to sequestration.

  4. Cavster   May 17, 2013 at 9:46 pm

    Boy this article is filled with a lot of what ifs and speculation for it to arrive at its I told you so headline!

  5. Ron   May 17, 2013 at 9:41 pm

    I don’t know where you get your numbers from but why don’t you use the same numbers congress uses? Go to usdebtclock.org and please tell me where you see the debt shrinking: Does one of your CEO’s have a relative working in the upper levels of Obama’s administration like ABC, CBS and CNN? Your obviously an Obama shill publication without any credibility. Just of the record, I am a registered independent and did a write in candidate last election because I did not think anyone on the ticket was qualified. Just the facts please.

  6. Rick Goddard (@RGod8855)   May 17, 2013 at 9:37 pm

    Mr. Fields, the Republicans have not in recent years ever demanded increased revenues and the only ones suggesting a balanced approach have been Democrats. I must admit, however, that the Democrats over-sensationalized the effects of the sequester

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