Statements about Federal Budget
Historically, the Social Security tax has been assessed on about 90% of U.S. income. Now it captures 83% because there's been such a growth of income among the highest earners.
"Even Roger Williams National Memorial in my home state of Rhode Island attracted nearly 51,000 visitors in 2011, with non local visitors adding more than $3.2 million to the local economy."
"If the House of Representatives fails to extend the middle-class tax cuts, 400,000 middle-class Rhode Island families will see their federal income taxes increase."
Rhode Island has taken its federal Medicaid funding and shown it can run the program more cost-effectively than the federal government.
"There are more oil rigs in operation in the United States than the rest of the world combined."
A poll conducted in Egypt revealed that 80 percent of Egyptians oppose receiving foreign aid from the United States.
"We will spend $100 billion in Afghanistan this year, fixing roads, building bridges, training police officers, and more, [and] cutting the same things in our own country."
"For Social Security, which is projected to remain solvent through 2033, Whitehouse has cosponsored [a bill that] . . . would extend the life of the program by an additional 75 years."
"(Brendan) Doherty wants to raise the eligibility age for Social Security benefits for anyone born after 1960, with no regard for the challenges it would cause for people working in physically demanding occupations."
Medicare insurance premiums will be rising to "$120.20 per month in 2013 and $247.00 per month in 2014."
The Congressional Budget Office "has already doubled its estimate for the cost (of Obamacare) so far from roughly $800 billion to $1.7 trillion."
President Obama’s health-care law will "add trillions of dollars in debt."
"Over the past five years the federal government has paid out $601 million in retirement and disability benefits to deceased former federal employees."
"If you put the $47 billion in revenue (raised over 10 years by the Buffett rule) into infrastructure you could create 611,000 infrastructure jobs."
President Obama gave Egypt's Muslim Brotherhood one and a half billion dollars.
The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year."
"Sheldon Whitehouse's failure of leadership, the adding of almost $8 trillion in debt in his first full term, is shameful..."
"The American healthcare system burns 18 percent of our national GDP. Nobody else is close."
"There's no money in Social Security."
"Dubious taxpayer-funded" stimulus spending -- Part II.
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