The White House’s sob story on sequester
February 11, 2013 at 6:29 pm in News by Tea Party Patriots 4 Comments
Remember when President Obama invented the sequester in August 2011? Oddly, whoever wrote the President’s “fact sheet” on certain aspects of sequestration forgot to mention that fact:
Unless Congress acts by March 1st, a series of automatic cuts—called a sequester—that threaten thousands of jobs and the economic security of the middle class will take effect. There is no question that we need to cut the deficit, but the President believes it should be done in a balanced way that protects investments that the middle class relies on. Already, the President has worked with Congress to reduce the deficit by more than $2.5 trillion, but there’s more to do. The President believes we can not only avoid the harmful effects of a sequester but also reduce the deficit by $4 trillion total by cutting even more wasteful spending and eliminating tax loopholes for the wealthy.
Unfortunately, many Republicans in Congress refuse to ask the wealthy to pay a little more by closing tax loopholes so that we can protect investments that are helping grow our economy and keep our country safe. Our economy is poised to take off but we cannot afford a self-inflicted wound from Washington. We cannot simply cut our way to prosperity, and if Republicans continue to insist on an unreasonable cuts-only approach, the middle class risks paying the price. The most damaging effects of a sequester on the middle class are:
Feel free to follow the link above, but warning: it’s an incredibly sad story of how spending reductions and cuts will devastate the poor and middle-class, all because those darn Republicans won’t raise taxes on the rich. (Oddly, the “fact sheet” fails to mention tax increases on the wealthy already happened in January. Though that was a rate increases, not loophole eliminations.)
The other odd thing about the Administration’s wish to eliminate loopholes is they didn’t appear to be a priority in the fiscal cliff deal that raised taxes on the rich. As reported by Tea Party Patriots, White House Press Secretary Jay Carney defended over $60 billion in special interest tax credits and loopholes for Goldman Sachs, NASCAR, wind energy, and other largely wealthy, well-connected industries. In other words, eliminating loopholes for tax increases is a good thing if it doesn’t impact the Administration’s friends.
Contrast that with Tea Party Patriots, which supports eliminating as many loopholes as possible in as many industries as possible in order to lower rates for all Americans.
Hat tip to The Washington Post Wonk Blog’s Brad Plumer for the list.
So, The PRESIDENT is giving prizes to crossing the border illegal? its that right? so now mexico it will be usa again? with 12 million of new mexicans getting the usa citizenship they will pull the whole family from mexico… So, in just 10 years the usa population will be most mexicans? they want the usa ciziten just to get the green card and then ask for government benefits such as unemployment, retirement and irs credits. I can belive that now the illegal people have the congress working.
In the words of the apostle to the gentiles-”The truth is not in him”, now, tommorow, we get to tolerate a demagogue lieing to us, and his slavering minions get all goosey on his every word.
This is where our attention and efforts should be focused on. Remember, debt ceiling and fiscal cliff fight belonged to the TPP during that 13 week endurance contest back in the summer of 2011. We are now beginning to see the results now. Obama will be the face of the cuts to the entitlements. Especially Medicare. There is now way for him to be able to blame the the Tea Party or even the Bush administration for very long.
We must also remember that we are beginning to just now experience drastic increases in the costs of living and by October 2013, we anticipate an outraged public because they are going to be hurting.
So better get ready to collect those outraged masses, and be sure to brag a little bit about the successes of the Tea Party Patriots. We are the organization that they need to connect to.
How about a flat tax where EVERYONE pays their fair share of what the government spends. That is the only reasonable answer. Making those who are already paying a disproportionate share of earnings pay more, while at the same time exempting almost half the population from paying any income tax is ludicrous. Half the population paying everything for the entire population won’t work no matter what kind of economic system being employed.
If EVERYONE had to pay their fair share of what the government costs, they certainly wouldn’t be sending the clown act we have running the leadership of both parties back to Washington, which may be the very reason Congress won’t even begin a discussion of a flat tax.