False alarms. From pink slips that teachers haven’t gotten, to long lines at airports that haven’t developed (sub. req’d), to imaginary impacts of sequestration on vaccines for children, the Obama White House and the liberals in the media have had difficulty keeping up their dramatic sequester act. In a sure sign of desperation, they’ve resorted to a mass cancelation of White House tours to strike fear in Americans (the horror!).
It’s been almost amusing watching the Left’s futile attempts to dramatize the sequester, and though the humor will wear off, the act is bound continue for some time.
But why are we having this discussion in the first place?
President Obama used the small sequester “cuts” as a means of manipulation to inflict “pain” on Americans. Some Republicans and conservatives considered the level of the sequester a victory since it was, after all, at least a semblance of fiscal responsibility… even though the butcher knife style impact of defense is problematic.
But the reason we’re even having this discussion is the debt and deficit, the cause of which is excessive federal spending.
In a memo to her Democratic colleagues, Senate Budget Committee Chairman Patty Murray (D-WA) made it abundantly clear that President Obama’s liberal friends in Congress are more than simpatico when it comes to taking an ever-increasing chunk of our paychecks.
Just how simpatico are they?
According to the memo, Murray calls for a “balanced, bipartisan, and comprehensive” deal. Translation: Murray wants a higher ratio of revenue to spending cuts, i.e., more taxes:
As we continue working to tackle our budget challenges and build on recent efforts, it is valuable to look to the work of bipartisan groups over the last several years as frameworks for what a balanced, bipartisan, and comprehensive deal could look like.
Ever wish there was more transparency in government? Care how your taxpayer dollars are being spent and how much you owe on the deficit?
Yesterday the House passed legislation (sub. req’d) that would “require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit, and for other purposes.” The bill, H.R. 668, passed 392-28 under suspension of the rules, an expedited procedure that limits debate and amendments and requires a two-thirds majority for passage. The deficit requirement would apply to all future budgets as well.
The Left has stood by President Obama, as he has attempted to use the sequester to teach Republicans – and the whole country — a painful lesson about cutting spending. The lesson, of course, is that spending should never be cut, even when we’re drowning in the depths of unfathomable debt; rather, taxes should always be raised.
Gene Sperling, the President’s top economic policy assistant, laid out this radical approach over the weekend.
As this pain starts to gradually spread to communities… more Republican colleagues who are concerned about this harm to their constituents will choose bipartisan compromise on revenue raising tax reform with serious entitlement reform.
Sperling also wrapped up one of the myths so central to liberalism: that the Left is pro-middle class and the Right is anti-middle class; conversely, that the Left’s policies are conducive to a thriving middle class and the Right’s policies bring economic destruction to them.
Despite what President Obama and his ilk may have you believe, America has a spending problem. CQ reports (sub. req’d) Rep. Kevin Brady (R-TX), the new chairman of the Joint Economic Committee, is going to use his position to “promote the idea of limiting overall spending to a percentage of the gross domestic product.”
He has already drafted legislation that would limit overall spending to about 19 percent of GDP in fiscal year 2014, gradually declining to about 16.5 percent of GDP in fiscal year 2017. To put that goal in perspective, current federal spending amounts to 23 percent of GDP, a great deal above the historic average of 18 percent of GDP.
Cutting spending isn’t just an idea conservatives are throwing out there because it makes them feel good (remember, acting solely on feelings is a liberal thing). It is absolutely essential if we want our country to thrive and prosper now and in the future. Every dollar spent by the government is a dollar that is confiscated from the private sector economy and (at least right now) from our future.