CBO report: Debt will rise to 90% of GDP

The federal public debt, which was $56,000 per household
when Mr. Obama entered office, totals $72,000 per household today,
and it's headed to more than $170,000 per household in 2020.

CBO says ObamaCare will cost $115 billion more than original cost projections

The Wrong Prescription: Democrats’ Health Overhaul Dangerously Expands IRS Authority

* IRS agents verify if you have “acceptable” health care coverage;
* IRS has the authority to fine you up to $2,250 or 2 percent of your income (whichever is greater) for failure to prove that you have purchased “minimum essential coverage;”
* IRS can confiscate your tax refund;
* IRS audits are likely to increase;
* IRS will need up to $10 billion to administer the new health care program this decade;
* IRS may need to hire as many as 16,500 additional auditors, agents and other employees to investigate and collect billions in new taxes from Americans; and
* Nearly half of all these new individual mandate taxes will be paid by Americans earning less than 300 percent of poverty ($66,150 for a family of four.)

Despite all these new mandates on Americans, the Democrats prohibit the IRS from imposing these same taxes and penalties on illegal immigrants.

The full report can be viewed here.

What to watch for next: as soon as the predicted budget surpluses turn into huge deficits, Democrats will try to stem the tide not by undoing ObamaCare but by imposing onerous consumption taxes on Americans.

Statement by Gov. Rick Perry on Passage of Federal Health Care Bill:

"Unfortunately, the health care vote had more to do with expanding socialism on American soil than it does fixing our health care finance and delivery systems. The Obama health care bill undermines patient choice, personal responsibility, medical innovation and fiscal responsibility in America.

"As passed by the U.S. House, the bill will cost Texas taxpayers billions more, and drive our nation much deeper into debt. Congress's backroom deals and parliamentary maneuvers undermined the public trust and increased cynicism in our political process.

"Texas leaders will continue to do everything in our power to fight this federal excess and find ways to protect our families, taxpayers and medical providers from this gross federal overreach."

Massachusetts's pilot program has been a fiscal train wreck,
admits state treasurer of Massachusetts

Graphic: what a trillion dollars looks like

Unemployment Rates by County: Watch this and Weep

The Money behind an Anti-Tea Party Hatchet Job

Cap and Trade will Hurt Texas

Bi-Monthly Meetings of 2010

March 11th
May 10th
July 12th
Time: 7:00PM
Location: Grace Bible Church
218 Country Estates Road
San Marcos, Texas 78666

Directions: 218 Country Estates Rd is about a mile west of Merrill Gardens on RR12. There is a Texaco Station on the corner of RR12 and Country Estates Rd and there is a University Church of Christ just behind the Texaco. GBC is the first driveway on the right just beyond the Church of Christ. The education building is the building on the left as you enter the parking lot. The entrance to the meeting area is in the center of the building facing the parking lot.