Tuesday, February 14, 2012

Obama Ushers in a New Era of Debt and Irresponsibility

In 2009, Barack Hussein Obama addressed the need for a responsible approach to the federal government and its expenditures.

“Government has failed to fully confront the deep, systemic problems that year after year have only become a larger and larger drag on our economy,” Obama said in his first budget message in February 2009. “From the rising costs of health care to the state of our schools, from the need to revolutionize how we power our economy to our crumbling infrastructure, policymakers in Washington have chosen temporary fixes over lasting solutions.

“The time has come to usher in a new era—a new era of responsibility in which we act not only to save and create new jobs, but also to lay a new foundation of growth upon which we can renew the promise of America,” said Obama.

The Anointed One has indeed ushered in a new era – a new era of insurmountable debt and budgets that are so irresponsible that the Senate voted 97 – 0 against it in 2011. This year’s budget proposal is so laughable, that Sen. Harry Reid (D) won’t even allow it to come to the floor for a simple majority vote. The projections are so astronomical, that it is determined by the year 2021 we will have a national debt of $25 trillion with a debt to GDP ratio of 110%. That is outrageous!









And to make matters worse, the Senate hasn’t passed a budget in three years. Senator Jeff Sessions (R) is up in arms over this flagrant violation of federal law:

It’s been more than 1,000 days since Senate Democrats have offered a budget plan to the American people. Now, once again, the Senate’s ineffectual Democrat majority balks at the task of leadership. Majority Leader Reid is denying the American people the opportunity to become engaged in the debate about the nation’s fiscal future and the difficult choices we face. He obviously continues in his belief that it would be politically foolish for his members to go on record in support of any long-term vision. But by refusing to lay out a budget plan for public examination—a fact no one can deny—the Democrat Senate has forfeited the high privilege to lead this chamber. If Sen. Reid and his members stand by this announcement, it means that the American people will go through yet another year of crisis without Senate Democrats unveiling and standing behind a financial plan for our future.

Budget Control Act spending caps, crafted behind closed doors and rushed to passage at the 11th hour under threat of panic, do not even approach the definition of the budget process that the law requires. They are not in any way or any sense a Senate Democrat budget plan. There is no argument that can be made that these caps are a long-term vision for this country—not on taxes, not on entitlements, not on spending, not on debt. Presumably, this obvious fact is why Chairman Conrad has said he will mark up a budget in our Committee. However, this process will be eviscerated if Sen. Reid refuses to allow a budget resolution to come to the floor.

I will continue to insist that the public process be carried out and that Senate Democrats bring an actual budget resolution to the Senate floor.

Senator, you can insist all you want, but these people believe they are above the law. The only way we can restore the integrity of the Senate is get rid of the Democratic majority. And that will be a tall order come November.


Source: http://cnsnews.com/news/article/debt-has-climbed-447t-obama-released-first-budget-calling-new-era-responsibility

http://content.usatoday.com/communities/theoval/post/2012/02/obama-budget-to-miss-deficit-goal/1

http://thehill.com/homenews/senate/163347-senate-votes-unanimously-against-obama-budget

http://www.powerlineblog.com/archives/2012/02/budget-who-needs-a-budget.php

http://www.buzzfeed.com/zekejmiller/obamas-budget-would-have-the-national-debt-break#HTWF2

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