Congressional GOP Proposes Alternative Budget

Congressional GOP Proposes Alternative Budget, To Avert Country's Turn Towards “Socialism.”
ALG News Bureau - April 1, 2009, Fairfax, VA: House Republican members today unveiled an alternative proposal to the Democrat budget, calling for $4.8 trillion less spending over the next decade and an immediate freeze on non-defense discretionary spending.

Senator Mike Enzi (R-WY) elaborated, on why it was necessary for the House of Representatives to introduce an alternative Budget.

"On the Senate side, we are not introducing an alternative budget; the House only gets four hours to do a debate, so they have to do it in a comprehensive way. On the Senate side, we get 50 hours of debate – so we are taking each item of the budget and putting in a substitute for that item. If just half of the things that the Republicans in the Senate are introducing are accepted, it would be an acceptable budget. It would drive down those costs and debt and taxes!” [Video ==>>

Senator Enzi, added that it is important to get “back to basics” and attempt to halt a massive train wreck of spending. The alternative budget also includes proposal to make the President Bush's 2001 and 2003 taxes permanent.

Congressman Louie Gohmert (R-TX) detailed on the importance of an alternative budget that places emphasis on restructuring our capitalist economy and avoiding the rapid move towards Socialism:

"We are moving rapidly [towards socialism], in three month time we have moved so far, that its just unbelievable, who would have ever thought that we own the current interest in AIG, and in Wall Street and in the Big banks of America, and in the Big car companies….People are saying we are moving toward a European style Socialism, we are moving more towards a pilgrim style socialism, because half of them nearly starved that first winter…the answer is not more socialism, its going back to basic that made us the greatest country in the history of the world, before its too late." [Video ==>>

The Republican proposal comes on the heels of one of the largest budgets proposed by Democrats in the nation's history. According to Republicans, at the Alternative Budget unveiling, Obama's 3.7 Trillion is simply “Unacceptable”. With limited numbers in both the House and Senate, the Republicans are not likely to pass their version, unless they are able to pressure moderate Democrats into a deal.

The GOP proposal also includes measures to assist businesses by cutting the corporate income tax from a record 35% to 25% and cutting the capitol gains tax in 2009 and 2010. Congressman Robert Adelhort (R-AL) predicted the astonishing tax rates that will be implemented on the public, if the current spending levels continue at this rate.

“…the tax rates, the lowest will be about 25%, the middle will be at about 65% and the highest for small business will be 88%, and so with those numbers, when people see those numbers, and see what that does to their children and grandchildren, I think that they will fall behind what the Republican alternative will be.” [Video ==>>

The Alternative Budget bill is expected to come to the house floor this afternoon.

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