O-mama - Opinionated Moms

• CUT IT OUT: Senate Okays Tax Cuts
• Posted by Opinionated MAMA • 12/17/10

Photo newscom UPI/Roger Wollenberg

Update, 12/17/09:  Tax cuts passed, Obama signed the legislation.  Now unemployment will be extended for another year, there will be a payroll tax holiday, Obama middle class tax cuts extended for one year, Bush tax cuts extended another 2 years.

Original post 12/16 - The Senate passed the tax cut package proposed by the President, who is now urging the House to do the same…and quickly.

The...

• EXTENTION ACCORD: Bush Tax Cuts/Unemployment
• Posted by • 12/6/10

Photo Associated Press

Lawmakers are thinking they may be able to cut a deal to extend Bush-era tax cuts for all and get jobless aid for the unemployed.  Oh goody - tantrums work. "Daddy, I want an Oompa Loompa and I want it now!" So, we all get what we want. Right? Where are the grown ups talking about the short-term and long-term consequences of these negotiations?  Where is the "I wish you could have an Oompa...

• NO PAIN, NO GAIN: President’s Fiscal Recommendations Out
• Posted by • 12/1/10

Photo PBS

The President’s fiscal commission’s report is aimed at lowering our nation’s debt by $4 trillion by the end of the decade.  But it’s gonna hurt! The report recommends cuts in military spending, a higher retirement age, higher Medicaid premiums, less money for wealthier Social Security recipients, cutting domestic spending and other reforms that could cost tax payers about $1,700?!  Ouch!  But,...

• HIT OR MISS: Obama Returns From Asia Trade Trip
• Posted by • 11/16/10

Photo Bloomberg Pool Yuri Gripas

President Obama is back from his trip to four Asian nations: India, Indonesia, South Korea and Japan. The President’s message was that the U.S. needs to “step up our game,” in order to be economically competitive, and the U.S. is looking to level the playing field.  The bases he wanted to round included negotiating trade deals with India (as a counterweight to China’s domination in the...

• FUNNY MONEY: Battle To Cut Deficit Begins
• Posted by • 11/11/10

It’s not funny.  Our nation is overdrawn…big time!  How do we balance the big federal checkbook? Well, a bipartisan budget commission has been crunching numbers and the co-chairs have come up with a plan. MAMAs know that sometimes “reality bites,” but we have to have some give and take to get our fiscal house in order.  We need to deal with this problem…together...realistically.  Too bad we...