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Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
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One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Monday, March 18, 2013

Debt, Budgets and Obama Nominee

“We don’t have an immediate crisis in terms of debt. In fact, for the next ten years, it’s gonna be in a sustainable place.” — President Obama, March 13, 2013  

Just a minute!  The Congressional Budget Office has previously stated that debt held by the public is projected to remain historically high for the next decade.  What do you think?  Leave your opinion at BankRupting America.

Today in Washington, D.C. - March 18, 2013
President Obama nominated assistant U.S. Attorney General Thomas E. Perez as the next labor secretary today.  There has been controversy over this pending appointment.

The Senate reconvened at 2 PM today and resume consideration of H.R. 933, the House-passed continuing resolution that funds the government through the end of September.

Unless an agreement on voting on more amendments is reached, the Senate is scheduled to vote on cloture on the Mikulski substitute amendment to the bill at 5:30 PM today. The rest of the week the Senate is expected be addressing the democrat Fiscal Year 2014 budge bill

As previously reported, Sen. Tom Harkin (D-IA) amendment failed that would have added hundreds of millions in education spending to the CR. and Sen. Tom Coburn (R-OK)  amendment  failed that would have frozen the hiring of non-essential federal employees for the rest of the fiscal year.

Today, as some members of Congress amber back to Washington, the U.S. House will deal with a couple "permission slip" resolutions to allow events to use Capitol Grounds.  Tomorrow, the House  will address expenses of some committees of the House of Representatives in the 113th Congress.  As an aside, Congress should also consider cutting the cost of haircuts, bottles of waters and other things the taxpayers pay for themselves? Members of Congress get both large salaries and large expense accounts as well as perpetual benefits and retirement programs.  Our forefathers never envisioned perpetual retirements.

For those unaware of it the Republican Study Committee (RSC)  is an independent caucus and can rightfully called "the conservative wing of congressional republicans." Today, Republican Study Committee Chairman Steve Scalise and RSC Budget and Spending Task Force Chairman Rob Woodall released their RSC FY 2014 budget – Back to Basics. The RSC budget repeals Obamacare, saves Medicare, reforms Medicaid, protects Social Security, reduces spending, enacts pro-growth tax reform, and balances in four years, protecting America’s economic security.

“This plan lays out a clear path towards preserving the American Dream for future generations, controlling spending to create jobs and get the economy back on track, and finally returning Washington back on the path to fiscal responsibility,” said Scalise. “The mountain of federal debt being dumped on to the backs of our children continues to grow and the window to rescue our economy is closing. We cannot let another year pass without taking the same common-sense steps toward a balanced budget that families have already taken with their budgets. Both this plan and the Ryan budget are light-years ahead of the Senate Democrats’ proposal which fails to ever balance, and President Obama’s budget which hasn’t even met the legal deadline to be filed for the fourth time in five years.”

“The time is now to produce a budget that tackles our looming debt and spending challenges,” said Woodall. “If we fail to act quickly and responsibly, businesses will not grow, American wages will not rise, and families will continue to suffer unless we do something today. We have produced a budget that deals with the fact that spending is the problem and it proceeds to balance Washington’s budget in four years. If we fail to act, the devastation we will endure will not be measured simply by red lines on a ledger. It will be measured by hardship and suffering for real families. We can choose a different path for America, one that will leave a legacy of opportunity and prosperity for generations to come. I am proud to join with the RSC to introduce such a vision today.”

The Red Tape Tower
The AP reported on Friday that “Senate Republican leader Mitch McConnell of Kentucky is vowing to repeal President Barack Obama's sweeping health care law. McConnell spoke at the Conservative Political Action Conference next to a tower of 20,000 pages of health care rules and regulations. He calls it a ‘monument to liberalism’ and says Republicans will not back down from the fight. . . . He says Republicans need to rebound from election losses last year and, quote, ‘punch back.’ He says Democrats haven't had a new idea, quote, ‘since the days of the Studebaker.’”

Walking onstage next to a massive tower of "Red Tower" of 20,000 pages of regulations that Obamacare has produced so far, Leader McConnell said, “Ladies and Gentleman, I want you to look at that stack of paper behind me. It’s the most powerful argument yet against Obamacare — nearly 20,000 pages of rules and regulations. . . . On Wednesday, we had a vote in the Senate to defund this monstrosity. Every Republican voted in favor. Every Democrat voted against. And that’s what those Democrats voted for: that monument to liberalism behind me. Have fun explaining that to your constituents. This law is a disaster, and anybody who thinks we’ve moved beyond it … is dead wrong.”

National Journal pointed out, “The same day as [Sen. Rand Paul’s] filibuster, [Sen. Ted] Cruz announced he would push for an amendment to the continuing resolution to defund ‘Obamacare.’ . . . McConnell blessed Cruz’s Obamacare amendment early on and saw that it got a vote.”

And The New York Times noted, “On Wednesday, Senate Republicans forced a vote to eliminate financing for the president’s health care law. The effort failed, 52-45, but it was at least the 54th time that one chamber or the other had voted on a proposal to repeal all or part of the law, which was enacted three years ago.”

In fact, liberal Democrat Sen. Tom Harkin of Iowa complained during debate on Senrel="nofollow"target="new">. Cruz’s amendment that Republicans kept trying to repeal or defund Obamacare over and over again. He said, “Madam President, I guess I am compelled to say: Here we go again. We have been down this road a few times before since we passed the Affordable Care Act. Let me see, my notes tell me . . . this makes the 34th time that someone on the Republican side has tried to do away with the Affordable Care Act. . . . It is almost like some people on the other side of the aisle have an obsession with tearing down health care reform.”

As Leader McConnell said
during debate on the Cruz amendment last week, “. . . There is no way to fix this thing [Obamacare] — no way to fix it. It needs to be pulled out by its roots. . . . So far 20,000 new pages of regulations. A stack this high. Twenty thousand pages of regulations. Absolutely indecipherable. . . . And they’re just getting started. . . . Hopefully, someday, maybe even beginning with this amendment, we can begin to undo this massive mistake we made a few years ago.”

Tags: Washington, D.C., budgets, Obamacare To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 2:18 PM - Post Link

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