Our nation has received sobering news.
As you probably heard : the U.S. government deficit has hit another record high.
For months we have written you about all of the liberal policies Obama has shoved through Congress, spending more and more taxpayer money.
Obama's spending has included trillion dollar stimulus plans, auto bailouts, funding for ACORN, and budget plans that taxed too much, borrowed too much and spent way too much.
Literally the spending list could go on and on.
Now there are new rumors that they might just try another round of stimulus spending.
New stimulus rumors - we warned you about this before, as well.
This made a point crystal clear in our minds. As the Senate debates the $1.3 trillion and climbing Pelosi health care plan, as the House considers more "stimulus," as demands from liberal constituents for more pork earmarks grow - there is a need to step back and make sure that Congress hears one simple message:
THE WASTEFUL SPENDING MUST STOP.
It is really that simple. And, there could not be a better time to send that message right now.
We need to send this message to our conservative friends to keep them strong, and also to all Republicans and Democrat Members of the House and Senate.
The Associated Press reported today that the US government deficit hit a record high for October as the new budget year began (the government budget runs October - September). The new fiscal year begins where the old one ended: with the government awash in red ink.
The AP went on to say, "Economists worry that if such a deficit continues it could push up interest rates, further dragging on the fragile economic recovery."
It had already been reported that the previous fiscal year's deficit had tripled - for the fiscal year that ended last month.
That's right, Obama had already tripled the deficit for the previous ending fiscal year. Now the red ink is continuing to flow with no end in sight right into the new fiscal year.
Worse, the 2009 deficit was 9.9% of the gross domestic product. That was the highest level since the World War II-era deficit hit 21.5% of GDP in 1945.
Don't forget that as the government runs up the red ink, the money has to be borrowed. Where is it coming from? China.
The AP story continued, "China, the largest foreign holder of U.S. Treasury securities, has expressed concerns about the size of the U.S. deficits, prompting administration officials to issue repeated pledges that it will start to tackle the deficits as soon as the recovery is on more sustained footing."
So, our President - our administration - is answering to China to assuage their concerns.
Let's not forget that when the stimulus spending plan passed, Obama and Biden promised us that jobs would be created.
Obama said that the unemployment rate would go no further than 8%.
Now unemployment is over 10% and they seem to be at a loss for words as the taxpayer dollars continue to flow.
And, just as we warned, there is waste and fraud in the stimulus spending.
Vice President Joe Biden himself admitted as much. He told the ASSOCIATED PRESS that some waste was inevitable and that a team of federal auditors had already uncovered problematic projects. "People are being scammed already," Biden said.
Unfortunately the people being "scammed" are the taxpayers who will have to pay back all of this spending.
Please help ACU send this message.
Let our conservative members of the House and Senate know we are standing behind them as they fight wasteful spending.
Let the liberals know that we are holding their feet to the fire!
Let the moderates know that it is time to put the brakes on as they increasingly fear the next election.
Together our voice matters.
