Posts Tagged ‘federal budget’

Indicted Lawmaker’s Wife Also Handled Federal Budget

Rep. Duncan Hunter's wife, Margaret, managing federal budget | ScrappleFace by Scott Ott

Rep. Duncan Hunter blamed his wife, Margaret, for their illegal use of campaign funds, and for the deplorable condition of the federal budget, which he claims she has also managed for years.

(2018-08-24) — Indicted U.S. Rep. Duncan Hunter, R-CA, who blamed his wife for illegally using $250,000 in campaign cash to fund a lavish lifestyle because she handled the finances, today admitted that Margaret Hunter has also managed federal spending for years.

“Congress doesn’t really have time to keep an eye on the budget,” said the conservative lawmaker, “so years ago, we gave Margaret authority to deposit the checks, pay the bills, and manage the petty cash as she sees fit.”

Experts say Margaret Hunter outspent federal income by more than $665 billion last year, and she has racked up roughly $21.3 trillion in debt, not including her long-term off-the-books ‘unfunded obligations’ that could outpace tax revenues in years to come.

“Duncan’s wife has done a terrible job managing the budget,” said a Congressman who spoke anonymously to avoid responsibility. “You can’t keep borrowing money, and buying everything you want without a plan to pay it off. She often hides the true extent of her mismanagement, and her scheme to take a second mortgage on our grandchildren has been a disaster.”

If history gives any indication, an unnamed prosecutor said, Mrs. Hunter’s fiscal mismanagement should lead to a six-figure salary and a corner office at a government contractor.

Share Button
 

Obama: Sasha & Malia Deserve Massive Debt Burden

President Obama shares parenting tips with ABC's George Stephanopolous. "We're loving but firm," Obama said. "Sasha and Malia know that disobeying your parents has consequences. When they push us too far, Michelle or I will just tell them, "That's it. No more American Dream for you."

President Obama shares parenting tips with ABC’s George Stephanopolous. “We’re loving but firm,” Obama said. “Sasha and Malia know that disobeying your parents has consequences. When they push us too far, Michelle or I will just tell them, “That’s it. No more American Dream for you.”

President Obama on Tuesday told ABC’s George Stephanopolous that Americans should not feel sorry that their children will be stuck with more than $16 trillion in debt, noting that: “I have two teenage girls. I know how it is. They can get a little mouthy and disrespectful sometimes.”

“Sasha and Malia are getting to that age where they think they know everything,” Mr. Obama said. “So Michelle and I have made a decision as parents to, you know, if they’re so smart — let them figure out how to pay down the national debt.”

The Obamas have experimented with a variety of discipline methods from ‘time out’, to grounding, to taking away electronic devices for a few hours, but the president said, “Nothing we’ve tried has the lasting effects of a lifetime of crushing tax rates, crumbling infrastructure and bankrupt entitlement programs. We call it ‘tough love’.”

The president said he’s tired of Republicans talking like the next generation is “a bunch of little angels who never disobey, and who need to be protected from the consequences of their misbehavior.”

“If the kids can’t obey their parents,” Obama said, “maybe they can do without the America dream for a generation or two. That’ll teach them.”

The president added that when Sasha and Malia complain about this form of discipline, he and the First Lady, say, ‘If you think we’re harsh, wait until you’re living under Chinese communist rules’.”

Share Button