President Obama has declared that he will veto the Cut, Cap,and Balance Bill if it passes. The White House is calling the Bill “extreme, radical, and unprecedented” and ” the Ryan plan on steroids.” I’m hoping the Republicans in Washington remember who their base is and count his threat as a dare – and call his bluff.
Cut spending first, show a good faith effort, then we”ll talk. President Obama needs to bite the bullet, eat his own peas, and decide that if he wants to cut the deficit and cut debt, some – in the form of savings from cutting unnecessary spending – is better than none.
What Congress and the bureaucracies in DC have done by expanding the federal governments, increasing regulations, permits, heaping ObamaCare on top of the “Stimulus” on top of TARP and all of this on the other spending that made Conservatives angry enough to stay home in 2006 and 2008 is not the answer. We didn’t like it in November, 2010 and we don’t like it now.
I remember that the tax code was simplified when Ronald Reagan cut the tax rates in the 80’s. The Democrat controlled Congress promised cuts in spending to go along with the lost deductions. Those cuts never materialized and federal spending grew even faster than the remarkable Federal revenue.
more and more people became beneficiaries of Federal largess.
It’s gotten to the point that more than half of people in the U.S. fell right off the tax rolls.
Has the United States of America reached the Alex de Tocqueville moment when,”The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money?” What’s your price?
Edited for spelling 3/28/2012 BBN
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