• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Venango County Tea Party Patriots

A non-partisan, non-profit, non-member, association dedicated to educating the public and promoting the principles of fiscal responsibility, constitutionally limited government and free market economics, and all other lawful activities.

  • Home
  • Events
  • Alerts
  • Resources
    • Resources – National
    • Resources – Pennsylvania
    • Resources – Venango County
    • Election Voter Registration Resources for Churches
    • Voter Resources
    • Resources – Other Organizations
  • Voter Registration Tools
  • Get Email Alerts
  • Contact Us

President Obama

Jane Richey / December 17, 2013

Social Security Disability Funds Nearly Depleted

The number of Americans receiving Social Security disability payments has increased 20 percent since President Barack Obama took office and the influx of new recipients has pushed the program close to insolvency.

The annual deficit in the Social Security Disability Trust Fund hit $31.49 billion in fiscal 2013 and the remaining balance of $100.49 billion in the fund will be depleted by 2016, the Social Security Administration predicts.

“At the time this program began we were much more of a blue collar, manual labor society, so there was some real need for it. Today, we are a lot more white collar, we have better medicine and devices to assist the disabled, but those receiving benefits have nonetheless exploded,” Tad DeHaven, a budget analyst at the Cato Institute, told Newsmax.

DeHaven noted that applications for Social Security Disability Insurance, or SSDI, tend to increase during recessionary periods, but he said the program’s expenditures were an estimated $144 billion this year, nearly double what they were a decade ago.

When Obama took office there were over 7.4 million workers on disability. The Social Security Administration announced in October that the number is now more than 8.9 million, a 20 percent jump. Another 2 million spouses and children of disabled workers also receive SSDI benefits, bringing the total number of beneficiaries to some 10.9 million Americans.

The fund has run a deficit every year since Obama took office, after 15 straight years of surpluses. In the 57-year history of the program, there have been 19 years where the trust fund ran a deficit, five of them under the current president.

Since Obama took office, the annual deficits in the disability trust fund totaled $8.46 billion in fiscal 2009; $20.83 billion in 2010; $25.26 billion in 2011; and $29.70 billion in 2012.

Adding in the fiscal 2013 deficit of $31.49 billion brings the program’s red ink under Obama to $115 billion, according to SSA.
Read more.

Jane Richey / September 13, 2013

Obama Tries to Ease Unions’ Obamacare Concerns

Union fears about the effect of Obamacare on their health insurance plans were getting swift attention from the White House on Friday as President Barack Obama and Vice President Joe Biden prepared to huddle with labor leaders.

The session, scheduled for 3:35 p.m. in the Roosevelt Room of the White House, comes just two days after the largest union federation, the AFL-CIO, passed a resolution calling for sweeping changes.

The White House was staying mum about the purpose of the meeting and even canceled press spokesman Jay Carney’s regular daily media briefing.

“It is entirely possible that this afternoon, the president will try to placate the unions; offer them some kind of exemption from some part of the plan,” Fox News business contributor Stuart Varney said Friday on “Fox & Friends.”

Or, Varney said, the meeting could even lead to a delay in the implementation of the individual mandate for another year, “like they’ve delayed the employer mandate.”

“Unions offer generous plans,” Varney pointed out. “They’re going to be taxed. That’s going to hurt membership. They’re already declining. Obamacare could kill some of them off.

“The unions say, ‘This is highly disruptive. We want changes.'”

Read more.

Jane Richey / August 1, 2013

Obama: We Need More Government Workers

President Barack Obama – citing the job losses since he took office — said “the economy would be much better off,” unemployment would be 6.5 percent and the national deficit would be in decline if there were more federal, state and local government workers.

“If those layoffs had not happened, if public sector employees grew like they did in the past two recessions, the unemployment rate would be 6.5 instead of 7.5,” Obama said. “Our economy would be much better off, and the deficit would still be going down because we would be getting more tax revenue.”

Read more.

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Interim pages omitted …
  • Go to page 22
  • Go to Next Page »

Primary Sidebar

Recent Posts

  • Local Candidate “Meet & Greet” – March 2, 2023
  • Sept. 11, 2022 – Patriot’s Day – 2nd Screening
  • So, what’s VCTPP doing to bring Election Integrity back?

Archives

Footer

Contact Us

Venango County Tea Party Patriots
155 Summit Drive
Franklin, PA 16323

Phone
814-671-7110

Email
jane@vctpp.org

Frequently Searched Terms

Agenda 21 Barack Obama Ben Bernanke budget climate change Congress Congressional Budget Office debt deficit Department of Energy Department of Health and Human Services economy environment Environmental Protection Agency EPA Federal Reserve fiscal cliff food stamps fracking gas prices global warming Government Accountability Office Governor Corbett green energy Internal Revenue Service IRS Keystone Pipeline marcellus shale Medicaid Medicare natural gas Obamacare President Obama recession regulations sequestration small businesses Social Security spending cuts stimulus taxes TEA Party unemployment United Nations voter ID

Facebook has been “fact-checking,” blocking and removing conservative posts. Follow us on Telegram.org for unedited access.

Click Here

Follow Us

Follow Us

Copyright © 2023 Venango County Tea Party Patriots · Web Design by OptimusMedia.com · Log in