Debt ceiling increase $5.365 trillion or 90 percent under Bush

Republican who voted for debt ceiling increase  

The debt ceiling was raised on seven occasions during President George W. Bush's two terms in office, from $5.95 trillion in 2001 to nearly double that, $11.315 trillion, in 2009 - an increase of $5.365 trillion or 90 percent increase over 8 years.

Under Bush the debt ceiling increased:

    by $450 billion to $6.4 trillion in June 2002;

    by $984 billion to $7.384 trillion 11 months later, in May 2003;

    by $800 billion to $8.184 trillion 18 months later, in November 2004;

    by $781 billion to $8.965 trillion 16 months later, in March 2006;

    by $850 billion to $9.815 trillion 18 months later, in September 2007;

    by $800 billion to $10.615 trillion 10 months later, in July 2008;

    and by $700 billion to $11.315 trillion three months later, in October 2008.

Immigration Reform - the Cost

                                                                                                                                                                                 May 6, 2013  Chapter one      

Heritage Foundation Estimate,

The conservative Heritage Foundation has issued a scathing report against the immigration reform bill proposed by the Senate’s “Gang of Eight,” arguing that the bill would cost more than $6 trillion Dollars a claim summarily rejected by Republicans pushing for the bill.

Gang of Eight by-Party Senators “It probably understates real future costs because it under counts the number of unlawful immigrants and dependents who will actually receive amnesty and underestimates significantly the future growth in welfare and medical benefits,” Rechtor and Richwine write.The report states that legalizing current illegal immigrants would cost $9.4 trillion over a lifetime and pay just $3.1 trillion in taxes, resulting in a net cost of $6.3 trillion. And the authors of the study, Robert Rechtor and Jason Richwine, say that’s a conservative estimate.

                                                 ------------------------------------------------

Thursday, June 20
Chapter Two
In a new report by the Congressional Budget Office (CBO) that estimates the fiscal and economic impact of the immigration reform legislation taking shape in the Senate. Not surprisingly, budget analysts found that a net increase of 10.4 million people living in the United States over the next decade, and an increase of 16 million over 20 years, would be a tremendous shot in the arm. 

The CBO found that over the next decade direct spending would increase by $262 billion if, among other measures, the Senate immigration bill is passed, opening a path to citizenship for many of the 11 million immigrants now in the United States illegally. But at the same time, the CBO calculated that with so many more people working, revenues would soar by $459 billion over the same decade; the federal deficit would go down by almost $200 billion. Likewise, the CBO found the legislation would boost the country’s overall economic output by 3.3 percent over the next decade, and by 5.4 percent over two decades, compared to what it would be without reform.

On Thursday June 20th, Republican senators reportedly made progress in formulating a security plan that would satisfy enough border hawks to ensure passage of a bill. We worry about the price, in dollars and unneeded infrastructure; but the main thing is to keep moving toward a bill that will bring most of these hard workers out of the shadows.

"Randy Altschuler" Outsourcing American Jobs.

I am a voter who always want to be well informed, I cannot avoid the Election ads on my Television in Long Island. I did not know much about Randy Altschuler so I did some research through Google and went to Wikipedia. I am now well informed about Randy Altschuler and extremely respectful of his achievements but Randy could not get my vote first as a Long Islander and then an American.

Randolph "Randy" Brody Altschuler (born December 8, 1970) is an American businessman and politician. He was the Republican Party candidate for Congress in New York's 1st Congressional District in 2010. Altschuler is currently running for Congress from New York's 1st Congressional District for the second time after his slim loss in 2010.

In 1999, Randy Altschuler and Princeton classmate Joseph Sigelman started Office Tiger, a business process outsourcing company (BPO) that performs back office support services for American companies.As of July 2005, Business Week magazine reported that Office Tiger was the only successful start-up in India’s outsourcing industry owned and managed by U.S. entrepreneurs.

With RR Donnelley acquisition of Office Tiger from Altschuler and Sigelman in March 2006 for $250 million, and its combination by Donnelly with another Donnelley acquisition, Aston BPO, by September 2006, Office Tiger expanded to 29 offices and 42 client locations across nine countries and employed 4,000 people in India, 4,000 in Europe, 1,000 in Sri Lanka, 750 in the United States, and 300 in the Philippines. Altschuler has claimed Office Tiger is not a traditional outsourcing company, but rather one whose overseas employees "enhance the services and jobs that Americans are doing here domestically." Later in the interview, he contends, "You want the professionals here doing different kinds of things than he or she is doing today. Office Tiger allows them to take some of the more traditional tasks and outsource that offshore." 

In 2001 he co-founded an electronic waste (e-waste), recycling company Cloud Blue Technologies, which is based in, Norcross Georgia, having moved there in 2011 from Alpharetta GA. Altschuler serves as the company’s executive chairman and works out of their Port Jefferson, NY offices.

 Altschuler was awarded membership in the exclusive GOP "Young Guns", a select group of young candidates chosen by Majority Leader Eric Cantor and Majority Whip Kevin McCarthy.

From Wikipedia, the free encyclopedia.