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Encouraging news via the NY Times:
WASHINGTON, March 6 — With Congress heading into a politically perilous budget season, influential House conservatives plan this week to propose an austere alternative spending plan that would pare more than $650 billion over five years, balance the budget and drastically shrink three cabinet agencies.
The legislation, part of a push by some Republicans to re-establish themselves as champions of fiscal restraint, was taking shape as President Bush struck a similar theme on Monday by asking Congress to grant him line-item veto power to eliminate federal spending that he might judge wasteful.
“We can’t be all things to all people when it comes to spending the taxpayers’ money,” Mr. Bush said at a ceremony installing a new chairman of the Council of Economic Advisers.
But House conservative leaders would go far beyond the president’s own budget proposal, illustrating the difficulty the White House and the Republican leadership have had in persuading the caucus to speak with one voice on the matter.
Senior aides say the conservatives’ plan would wring about $350 billion from Medicare, Medicaid and other social programs and save $300 billion partly through a major reorganization of the Education, Commerce and Energy Departments.
“We are putting our money where our mouth is,” said one of the officials, who would discuss the proposal only without being identified because it was still being prepared for release Wednesday by leaders of the Republican Study Committee.
The officials said it was particularly important for conservatives to lay down a marker because the Senate is facing an imminent vote on whether to increase the statutory debt limit, which will remind the public of the increasing deficits under the Bush administration.
It’s an election year, of course, so fiscal conservatives are trying now more than ever to show that they are at least making an effort to trim back the excess and unnecessary overspending we’ve seen in the last five years under the Bush administration. Election year or not, I’ll stand behind any effort at trimming the pork – let’s just hope once the election has come and gone and assuming those same conservatives get re-elected that they continue to push for a smaller gov’t with less spending.
Hat tip: Captain Ed
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Woo Hoo…
Now the only problem is lying liberals who proclaim these are cuts aimed at the poor when these are TRULY only decreases in the amount of increases (no cuts GBA).
We’ll have to be “locked and loaded” and set the record straight when the time comes that’s for sure because liberals instead of debating the issue will demagogue the issue…. and cast aspersions on conservatives motives… (because really conservatives don’t “care” about the needy – really … didn’t everyone know that?)
Conservatives? Snow told congress today, to raise the debt ceiling to $8.2 trillion, up $3 trillion since bush took office. He also indicated that the government has cleaned out the Stabilization Fund to the tune of $15 billion and raided the G-fund for $63.5 billion. $1 trillion of the $3 trillion in new debt went to the Iraq war and $2 trillion went to tax cuts for the top 5% of the wealthy. Conservative? Isn’t it time to raise taxes on the upper 10% and get our grandchildren out of debt? Peace
It seems like a great solution would be, excluding military, every dept gets a 4% cut. All salaries, all spending. Any dept that can’t cut their spending by 4% needs new leadership. And the 4% salary cut might make beurocrats consider finding a job that produces something.
As the great Ronald Reagan said, “Government is not a solution to our problem, government is the problem.” Unfortunately, it seems that the current Republicans have just as little inclination to reduce spending as a liberal does.
Tommy, Those tax cuts were not ‘unconcisable’. They were clearly inpramtimur, as any reasonable person can see.
Yep. We have had big government liberal types in charge for over 6 decades steve. It’d be interesting to see your panties in a knot when conservatives finally get enough in numbers to govern conservatively…..
I’m waiting for that day to cheer!
Your question:
Isn’t it time to raise taxes on the upper 10% and get our grandchildren out of debt?
Response:
The premise of your question and the following “and get our grandchildren out of debt” statement is incorrect.
Raising tax rates on upper income folks would have a negative effect on the economy and have a negative effect on the amount of revenue brought into the treasury. That would hurt our grandchildren.
Additionally, the top 10% of income tax payers pay more as a percentage of income taxes than ever according to the graph at this link.
One paragraph in this research says:
This paragraph is particularly interesting:
These paragraphs are interesting also:
Don’t confuse the liberals with facts. “Rich” people are EVIL! That’s all they are able to wrap their little minds around.
Tommy wrote, “Youse controlled all branches of elected government
You obviously haven’t read my posts during the last year Tommy. Both Republicans and Democrats are left of center. We’se (as you like to say Youse) don’t have an elected majority of conservatives elected in government. We have had growing government for 6 decades and you want to act like Republicans = Conservatives and conservatives are “evil” and then so therefore Republicans are “evil”.
Your rhetoric is only proof that you are NOT willing to dialog but only call names. I published some research for you to read. You can either open your mind and read it or continue with your same rhetoric (which doesn’t further the conversation). Q: Why would you want to continue that pattern?
I wonder what you’d actually say if conservatives actually DID get a governing/legislating majority?
And what about anti-poverty spending (where are you GBA)? Here’s this text:
And what about Social Security and Medicare (GBA)?:
And what about defense spending?
Nice little chart to help people with reading comprehension problems (liberals – ok just ribbing you guys)
When you over tax the rich, what do you think they will do?
Businesses and the rich will move thier companies and assets overseas. You will end up causing more problems than solving.
I think Baklava also proved this point on another post when they tried this in CA in the 70s? I beleive they lost alot of people and businesses because they moved them out of state.
Kinda sketchy, perhaps Baklava can remind us all once again what happened. Or I will have to scour back throug hthe posts to find it again.
Sanity.. That was the 90’s. While CA had a very stagnant economy during the early and mid 90’s the surrounding states (where the businesses were going) had an 8% economic growth rate.
The very short 1998, 1999 years had a surplus of revenues come into the state treasurers office only to be spent by Gray as permanent spending increases and not used for one-time infrastructure improvements as he should’ve done. This created a nightmare when the economy sunk after Y2K and then 9/11. Revenues declined and CA’s credit went into junk bond status as we incurred record defecits. The short lived revenues of 1998 and 1999 were not a result of many businesses coming back to CA after having left and therefore was not a result of healthy policies and solutions.
If rich Americans are so disloyal that they would move their wealth overseas, they had better be right behind it. America for Americans. Peace
What are they supposed to do in a Captialist society when people like you want to steal them blind and make them pay for everything so you can sit on your arse and collect welfare while working americans get screwed.
I wouldn’t blame them one bit.
Glad to hear we both agree that Soros is disloyal! I was starting to worry that we had no common ground.
I am ssooooo tired of hearing about the poor poor pitiful poor! The poor are where they are because they continue to make decisions and actions that keep them poor! Hey don’t get pregnant when you can’t afford kids stop buying lottery tickets, beer and cigarettes stay in school it’s really not that hard! The rich continue to stay rich or increase their bank accounts because they continue to do the things that make them rich it’s called WORK!!!!! There is no excuse in this country that you can not make money I have worked two jobs a few times in my life and received my Degree at Forty going to school full time working a full time job and supporting a family of four!!! So don’t tell me it can not be done. What we need to do is cut all welfare spending that would cut 55% of the Federal Budget just think how fast we could pay off the Federal Debt. Any one of you liberals want to find in the United States Constitution where it says the Federal Government has the right to take money away from one person (Taxes) and give it to another that doesn’t want to work (The worthless poor)! If it is illegal for a person to force another at gun point to give his or her money to a poor person then what makes it legal for the Government to do the same thing through taxes? If you liberals feel sorry for the poor then pool your own money and give it to the poor that is called voluntary charity. OH I forgot the Liberal motto “From those with the ability to those with a need” the words of your hero Karl Marx!!!!
Tommy, take your own advice. It was a cleaning contractor who hired the illegals, not Wal-Mart. Shall we check your company for Illegals? Are they getting paid union wage or is your company shafting them?
You post a lot of false accusations as if they are facts, tommy. Rather sophmoric of you because you have be confronted on this behavior before. Why don’t you learn?
Jim M while I hate to seem like i am agreeing with tommy here, I do agree that thre are circumstances that are beyond our control that causes people to have limited to no income.
He is right that economic down turns have alot to do with this, especially in Michigan where we have had multiple plant closing and the Airlines threatening bankruptsy along with strikes and union standoffs.
It is also how the the mendian income is set up that determines who is poor, who is mid and who is well off..ect. If I was to follow that program, then I also would be placed in the ‘poor’ level. My case is because of my one income supporting 4 people, but that is MY choice, since it was mutually agreed that my wife would stay home with the children so they have a full-time parent and not a full-time daycare raising them.
Again, that is my choice, and I live with that, but there are many others out there that do not have a choice that have had economic downturns (plant closing, loss of jobs, ect) or have had the break up of a family unit by one going to jail as tommy noted or in divorce where the mother is now faced with children and no husband/boyfriend.
There are always factors. We do not have the amount of homeless we have for no reason. Events and situations have made them that way for the most part, and no, millions of homeless was not because of drug use.
I do not agree with democrats that howl everytime something is not funded ot the maximum amount though. Just because it gets a smaller increase fro mthe previous budget, does not mean it is a cut, it means it is not getting the maximum increase they want.
I also think we need to get out of the entitlement mindset. The Government is not there to take care of us, it is there to protect us.
We should investigate thoroughly wasteful spending, have audits on the most expensive programs, move to a flat tax, down size or get rid of the IRS, and revamp the programs like medicare that concentrate on getting people out of that system and back on thier feet.
Tommy isn’t even worth responding to!
Sanity,
I have gone through economic down turns (I lived through Jimmy Carters Presidency) and have been through bankruptcy with Eastern Airlines I had 15 years with them and had to continue to support my family with bills and house payment. Yes I applied to other Airlines but most were having cash flow problems at that time so I worked at a job that I hated until I could figure out where I wanted my career to go.
Most of the people that are making minimum wages are just starting out in the work place this is where kids start to learn work ethics and some skills. Most of these people do not stay in the minimum wage area some move on to other jobs and some through good work ethics get raises. If you are only capable of making minimum wage you can’t afford children so don’t have them and expect the taxpayers to foot the bill.
I have had to move from the Seattle area to Atlanta to Portland OR. To Phoenix and back to Atlanta after Eastern Airlines back to Seattle then by way of Austin TX to the Atlanta area again. Some of these moves were by myself and some with a family but none of it was easy and like I said before working two jobs at times. Because sometimes you have to follow the money depending on your career “Choices are hard but the freedom to make those decisions were mine”. Right or wrong they were my decisions and I did not expect anyone else to have to pay for any wrong decisions.
We need to drop the PC term “Homeless” they are BUM’S (Urban Outdoorsmen) they are drug addicts and alcoholics that made there choice I have seen them in every city. For the very few that circumstances happen to there are charities and churches and what about family that is not the Federal Governments job to be in the charity business.
In the decades of the War On Poverty that percentage of the population has not changed it was about 10% of the population and it is still about 10% of the population. We no the Liberals have created a dependency class of people that can not do for themselves just look at New Orleans. They sat there like baby birds in a nest saying you have to help me where is the Government that is the Liberal legacy.
One funny point relative to taxing the rich…Other than the Newtonians in the 90’s, has there ever been a congress that didn’t spend every extra penny that they could get their grubby little hands on?
It seems to me that having debt free money would make them more likely to blow it simply because they wouldn’t have to justify deficit spending. What do they care? They didn’t have to work for it.
I really think the cold winters help the cities out with the Urban Outdoorsman (Homeless) it turns them into Bumcicles and they are easy to pickup and get rid of before they thaw out and start stinking. Some Liberals wanted to give them (Urban Outdoorsman) jobs at the New Georgia Aquarium and I thought that was a good idea they could clean the glass on the inside of the shark exhibit and put the feeding I mean cleaning time on pay-per-view.
“Lord, I apologize and please be with the starving pygmies down in New Guinea. Amen.”
CB does have a point.
Everytime they get ‘extra’ money it is aqn excuse to open up more entitlement programs or increase spending to entitlement programs that are wasteful.
Want to start reduce spending, start auditing these programs, start auditing wasteful programs and if they don’t seem to be working, cut them out.
Yes, yes, before steve comes in here and spouts about the war, that too will reduce the spending, BUT only after we have finished our objective and withdraw like planned…not cut and run.
“steal it” thats how they got it in the first place–see Abramoff. “From each, to each” comes from Christs admonition about giving away your second coat. Peace
- Federal Expenditures Rule #1:
“All government spending expands twenty percent faster than the money allocated.”
- Federal Programs Funding Rule #1:
“Always request twice as much as you need, to avoid efficiency problems, and cover first round overruns.”
- Federal Funding Usage Rule #1:
“Always spend all funds allocated plus 20%. Unspent funds are a waste of resource, and makes it harder to go back for more next year.”
- Federal Work Process Rule #1:
“Government work expands to fill the time alloted plus 50%. All government programs are expected to overrun. Finishing on time, in budget, is considered obsessive, counter-productive planning.”
- Federal Bidding Rule #1:
“Always select the lowest bidder to insure future work, and rework of existing projects, and second round rebuy of defective materials, which also allows a natural expansion of all projects.”
- Federal Bidding Rule #2:
“Why buy just one of something when you can have two for twice as much.”
- Federal Congressional Project Rule #1:
“It takes 25 minutes to vote for a 150 Billion dollar project, which will pass quickly because no one understands it, but at least 4 months to decide on 25 thousand for toilet paper supply’s for Congressional bathrooms, which everyone can understand.”
- Bang
Can I get an AMEN?
AMEN BIG BANG!
Bang I take a bow!
