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U.S. CONGRESSMAN JOHN C. FLEMING, M.D.
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LATEST NEWS

  • Fort Polk Update December 5, 2014

    Fort Polk not in danger of closing, but base could face cutbacks By Jeff Matthews Stakeholders already are battling to spare Fort Polk from a personnel reduction that would hurt the economy. Now,at le...Read More

  • Fleming Wants Answers on California’s Forced Coverage for Abortion Services November 26, 2014

    Congressman John Fleming, M.D., issued the following statement about a letter he sent to Health and Human Services Secretary Sylvia Burwell regarding California’s insistence that all insurance plans u...Read More

  • Fleming Wants More Pressure on Iran November 25, 2014

    Congressman John Fleming, M.D., issued the following statement about the seven-month extension of nuclear talks with Iran: “This delay represents another foreign policy failure by the Obama Administra...Read More

  • Dr. Fleming named new Co-Chair for GOP Doctors Caucus October 17, 2014

    Following the upcoming retirement of current GOP Doctors Caucus Co-Chair Rep. Phil Gingrey, Rep. John Fleming will join Rep. Phil Roe in leading the group. The Congressmen made the following remarks r...Read More

QUICK LINKS

National Income and Expenditures Source: OECD & Tax Foundation

Contradictory Messages from the Obama Administration on Tax Increases:

"You don't raise taxes in a recession.”
President Obama - August 5, 2009

“We have a Democratic president and administration that is prepared to sign a tough package that includes…a revenue component.”
President Obama - July 19, 2011

Former Obama Economic Guru admits Negative Effect of Tax Increases.
  • In a study authored by Christina Roemer, Former Chair of President Obama’s Council of Economic Advisors, found that even a tax increase of just 1% on the economy, would conversely have almost double a negative effect on the economy.
  • If taxes went up just 1% - 1.84% would be taken out of the economy – hurting job growth and economic activity.
  • To view the study – click HERE
Source: OECD & Tax Foundation
National Income and ExpendituresImage: Mary Meeker, Kleiner Perkins

Budget Growth at a Glance

  • This chart is good summation of our fiscal picture.
  • Note the size of the two pies, Income vs. Expenses.
  • The Obama anemic economy and high unemployment has resulted in $250B in less revenue since 2008.
  • Growth in the economy alone will not balance the budget-spending cuts are a must.
  • Entitlement programs–58% of the budget–is the fastest growing segment of our budget, rising 27% in just two years.
  • ObamaCare is a new entitlement program that has yet to be costed into this chart.
  • CBO says interest payments on debt will grow to $1 trillion in just 10 years.
  • Spending cuts outside of Entitlement programs won’t be enough to balance the budget.

Click here to view more charts

 
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