/PRNewswire/ -- Democratic Senators Tom Harkin and Mary Landrieu and Congresswoman Debbie Halvorson joined Mike Draper, a small business owner from Des Moines, Iowa; Gwendolyn Barnes, a small business owner from Shreveport, Louisiana; Dr. Ken Brantley, a small business owner from Richmond, Virginia; and other small business owners from across the country at a press conference this morning to discuss how health insurance reform will benefit small businesses. Recent studies indicate that small businesses are likely to see their premiums rise 15% in the coming year, double the rate of last year's increase. Small businesses employ roughly 40% of the private labor force in America, making it crucial that we work to ensure affordability of health coverage for this central part of the American workforce.
"The status quo in health insurance spending for America's small businesses is intolerable and it is unsustainable," said Harkin. "Today, we have a simple message for small business owners across America: help is on the way and it comes in the form of a health reform plan that puts a stop to the discriminatory insurance industry practice of jacking up premiums for small businesses by up to 200 percent when an employee gets sick or because the business hires a woman. Our bill will end the practice of denying coverage based on preexisting conditions or increasing premiums based on health status, gender, or industry. As I have said many times, the biggest winners in a reformed health system will be small business owners and their employees."
Landrieu said: "Small businesses are suffering from skyrocketing health insurance premiums that are eating into their bottom lines and threatening their survival. As we continue to make progress toward comprehensive health care reform, Democrats are working to address the health care needs of small businesses. And while we may not yet completely agree on everything, one thing we can all agree on is that doing nothing is simply not an option."
"Small businesses are the backbone of our economy, and right now health care costs are simply too much to bear," said Halvorson. "If we truly want our small businesses to help lead us out of our current economic troubles, we must act to reform health care. Small business owners and their employees are depending on it. We must act now."
Draper said: "We try to be flexible, but it's an expensive way to do it. Right now, health insurance is a volatile commodity such as oil -- the price swings, the price increases, and it takes up a larger portion of a company's budget. If the government were to provide a more stable option and take the market out of things, it would help settle business's books, it would help them better predict the future. As a business owner, I wouldn't have to worry about finding policies, knowing what is covered, what isn't covered and how much the company will end up paying."
"We started off with everybody on a group plan, but as the premiums continued to climb and climb, my employees had to start dropping out, so we switched to individual plans," said Barnes. "But one of my employees was denied for a pre-existing condition. And we've had trouble with the insurance company -- when my daughter needed a surgery, they mysteriously took her off the surgery schedule. That's not right. It's time to fix health care -- for small businesses like mine and for the communities we serve."
Brantley said: "The lack of affordable health insurance hurts millions of small-business owners like me. I would love to hire several highly skilled staff to work with me. This would balance the workload, expand our care, and create more jobs. It is virtually impossible, however, to find qualified applicants who will accept a job offer without health insurance benefits. The high cost of health care hurts my ability to create new jobs here in Virginia and retain skilled employees. Without competition and meaningful health care legislation, we will continue to see rising health insurance premiums each year that harm businesses and squeeze families."
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Showing posts with label increase tax. Show all posts
Showing posts with label increase tax. Show all posts
Tuesday, November 3, 2009
Wednesday, September 9, 2009
Bauer Calls for News of Concrete Compromise from President Obama
/PRNewswire/ -- Former presidential candidate Gary Bauer on the eve of President Obama's health care address said Tuesday that he would be listening for specifics from the President about "compromises and concessions he is willing to make to show that his promises of bipartisan policy development were real."
The chairman of the Campaign for Working Families made the following comments: "President Obama's idea of bipartisanship is that the GOP blindly accepts all his ideas without comment and offer up other people's money via taxes for his proposals. The speech tonight needs to include specifics from the President about the kind of compromises he plans to make to address the very real concerns Americans have with his plans. The only bipartisanship coalitions being created are those among Democrats and Republicans who oppose key elements of Obama's proposal.
"No one believes that you can increase coverage without raising the costs, and the most disingenuous reality of the proposed health care take over is the fact that never once is a tremendous contributor to rising health care costs addressed: runaway legal cost. The fact that trial lawyers are such strident supporters of the Democratic Party seems to be the reason that that ballooning legal fees are not curtailed. Real health care reform involved cutting off the legal gravy train. We need tort reform.
"It is equally strange that the president argues that a health care bill must be forced through this year, only to languish for years and take effect AFTER he is up for reelection. If there is a real crisis in his eyes, he should be willing to stand before the voters and be accountable for his health care take over. If there is time for more careful deliberation, it should involve the bipartisan efforts of all our elected officeholders. Health care reform should receive the attention and care that most Americans believe was not given to the emergency stimulus bill which was long on funds for Democratic interests and short on the kinds of help that would curtail rising unemployment. False emergency proclamations are poisoning the process. We need thoughtful, bipartisan, thorough problem solving for effective health care reform."
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The chairman of the Campaign for Working Families made the following comments: "President Obama's idea of bipartisanship is that the GOP blindly accepts all his ideas without comment and offer up other people's money via taxes for his proposals. The speech tonight needs to include specifics from the President about the kind of compromises he plans to make to address the very real concerns Americans have with his plans. The only bipartisanship coalitions being created are those among Democrats and Republicans who oppose key elements of Obama's proposal.
"No one believes that you can increase coverage without raising the costs, and the most disingenuous reality of the proposed health care take over is the fact that never once is a tremendous contributor to rising health care costs addressed: runaway legal cost. The fact that trial lawyers are such strident supporters of the Democratic Party seems to be the reason that that ballooning legal fees are not curtailed. Real health care reform involved cutting off the legal gravy train. We need tort reform.
"It is equally strange that the president argues that a health care bill must be forced through this year, only to languish for years and take effect AFTER he is up for reelection. If there is a real crisis in his eyes, he should be willing to stand before the voters and be accountable for his health care take over. If there is time for more careful deliberation, it should involve the bipartisan efforts of all our elected officeholders. Health care reform should receive the attention and care that most Americans believe was not given to the emergency stimulus bill which was long on funds for Democratic interests and short on the kinds of help that would curtail rising unemployment. False emergency proclamations are poisoning the process. We need thoughtful, bipartisan, thorough problem solving for effective health care reform."
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Wednesday, June 10, 2009
Libertarians say “cancel stimulus spending”
America’s third largest party Wednesday called on Congress to terminate the remainder of stimulus spending citing new polling data showing plurality of Americans now believe what Libertarians have said since January – Obama’s stimulus package is too big, too expensive and doesn’t help the economy.
“Despite a Jan. 10 White House report that the Obama spending explosion would keep unemployment under eight percent, it instead grew to 9.4 percent,” said William Redpath, Libertarian National Committee Chairman, citing both a January White House report selling the "stimulus" package, and new Labor Department statistics released last week placing unemployment at a 26-year-high, with 14.5 million workers now jobless.
“It’s no surprise that 45 percent of Americans now agree with the Libertarian Party. They know Big Government cannot create wealth and they want the stimulus spending canceled,” said Redpath.
The independent, non-partisan polling firm of Rasmussen Reports released data Wednesday morning showing 45 percent of Americans say the rest of the new government spending authorized in the $787-billion economic stimulus plan should now be canceled.
Thirty-six percent (36%) disagreed and 20 percent were not sure. Fifty-five percent (55%) want the tax cuts preserved, a position they share with the Libertarian Party. Thirty-nine percent (39%) say the increased spending will be good for the economy, but 44% say it will be bad.
“The best way to create the jobs Americans need is to cut taxes for families and employers, cut or eliminate taxes on savings and investments and begin to repeal the twisted jungle of federal regulations that employers had to spend $1.17 trillion to comply with in 2008,” said Redpath.
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“Despite a Jan. 10 White House report that the Obama spending explosion would keep unemployment under eight percent, it instead grew to 9.4 percent,” said William Redpath, Libertarian National Committee Chairman, citing both a January White House report selling the "stimulus" package, and new Labor Department statistics released last week placing unemployment at a 26-year-high, with 14.5 million workers now jobless.
“It’s no surprise that 45 percent of Americans now agree with the Libertarian Party. They know Big Government cannot create wealth and they want the stimulus spending canceled,” said Redpath.
The independent, non-partisan polling firm of Rasmussen Reports released data Wednesday morning showing 45 percent of Americans say the rest of the new government spending authorized in the $787-billion economic stimulus plan should now be canceled.
Thirty-six percent (36%) disagreed and 20 percent were not sure. Fifty-five percent (55%) want the tax cuts preserved, a position they share with the Libertarian Party. Thirty-nine percent (39%) say the increased spending will be good for the economy, but 44% say it will be bad.
“The best way to create the jobs Americans need is to cut taxes for families and employers, cut or eliminate taxes on savings and investments and begin to repeal the twisted jungle of federal regulations that employers had to spend $1.17 trillion to comply with in 2008,” said Redpath.
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Thursday, March 5, 2009
RNC: Tax and Spend Fever
/PRNewswire-USNewswire/ -- The following was released today by the Republican National Committee:
Today, President Obama Will Host A Health Care Summit:
Today, President Obama Will Host A Summit On Health Care Issues. "On Thursday, Mr. Obama will host a summit on health-care issues where a variety of stakeholders will come together with members of Congress." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
EVEN MORE SPENDING? HIGHER TAXES?
President Obama's Health Care Plan Could Cost More Than $1 Trillion:
Estimates Place The Cost Of President Obama's Health Care Plan At Over $1 Trillion Over The Next Decade. "Estimates put the full cost of Mr. Obama's health plan at more than $1 trillion over 10 years." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
The President Has Been Vague About Funding His Health Care Plan:
President Obama Has Been Vague On How His Health Care Plan Would Be Financed. "Mr. Obama has been vague about how the country's future health-care system should be structured, but he was detailed last week about how to pay for it. He proposed raising $634 billion over 10 years through tax increases on the wealthy and cuts to existing government health-care spending." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
In The Past, Obama Proposed Funding Health Care Reforms By Repealing The Bush Tax Cuts:
Originally, President Obama Said He Would Finance His Health Care Plans By Rolling Back The Bush Tax Cuts. "On his Presidential Transition website, President Obama said he would 'pay for his $50 - $65 billion health care reform effort by rolling back the Bush tax cuts for Americans earning more than $250,000 per year and retaining the estate tax at its 2009 level.'" (Jake Tapper, "Read His Lips: New Taxes," ABC News' "Political Punch" Blog, www.abcnews.com, 2/26/09)
But Instead, Democrats Have Already Announced Plans For Billions In New Taxes To Fund Health Care:
President Obama Still Plans On Ending The Bush Tax Cuts; But Instead Of Using Them To Fund Health Care, He Proposed A New Tax. "But as we learned yesterday afternoon, though the President is certainly planning on raising taxes on the wealthiest Americans by allowing the Bush tax cuts to expire next year -- making the top rate jump from 35% to 39.6% -- the President plans on partially funding the Health Care Reserve fund by raising another, new tax on those families making $250,000 a year, specifically from reducing the itemized deduction rate for families with incomes over $250,000, limiting it to 28 percent." (Jake Tapper, "Read His Lips: New Taxes," ABC News' "Political Punch" Blog, www.abcnews.com, 2/26/09)
President Obama Proposed A $634 Billion Reserve Fund For Health Care, That Experts Believe Will Cost At Least $1 Trillion. "President Obama is proposing to begin a vast expansion of the U.S. health-care system by creating a $634 billion reserve fund over the next decade, launching an overhaul that most experts project will ultimately cost at least $1 trillion. The 'reserve fund' in the budget proposal being released today is Obama's attempt to demonstrate how the country could extend health insurance to millions more Americans and at the same time begin to control escalating medical bills that threaten the solvency of families, businesses and the government." (Ceci Connolly, "Obama Proposes $634 Billion Fund For Health Care," The Washington Post, 2/26/09)
Democrats Plan To Pay For The Reserve Fund By Capping Tax Deductions, Amounting In A Tax Increase Of More Than $300 Billion. "About half the money for the new fund would come by capping itemized tax deductions for Americans in the top income bracket. The proposal, which administration officials characterize as a 'shared-responsibility issue,' would reduce the value of tax deductions for families earning more than $250,000 by about 20 percent, according to administration documents." (Ceci Connolly, "Obama Proposes $634 Billion Fund For Health Care," The Washington Post, 2/26/09)
Does The Obama Administration Plan On Using An Employer Tax Exclusion To Help Fund Health Care?
There Is Speculation That Democrats Will Propose An Employer Tax Exclusion To Help Fund The Health Care Proposals. "The administration, as John Cohn says, means to leave the rest of the financing question to Congress. But according to both members of Congress and the administration, that ambiguity obscures a specific solution under examination: The employer tax exclusion." (Ezra Klein, "What Obama's Budget Does -- And Doesn't - Say," The American Prospect's "Ezra Klein" Blog, www.prospect.org, 2/22/09)
-- This Is The Same Idea That The Obama Campaign "Brutalized" McCain For
Suggesting. "This is a particularly tricky policy for the Obama
administration to propose because they brutalized John McCain for
suggesting much the same thing. McCain, they said, was planning to tax
employer health care benefits for the first time in history." (Ezra
Klein, "What Obama's Budget Does -- And Doesn't - Say," The American
Prospect's "Ezra Klein" Blog, www.prospect.org, 2/22/09)
Even Other Democrats Are Beginning To Question The Amount Of Debt That President Obama's Health Care Plans Would Bring:
Rep. Jim Marshall (D-GA) Suggested Avoiding More Debt Was More Important Right Now Than Providing Universal Health Care. "One Blue Dog Democrat in the House made clear today that he is unlikely to support President Obama's health care reform plans unless it is revenue neutral and does not add long-term debt to the nation's balance sheet. In an appearance on ABC News Now's 'Politics Live,' Rep. Jim Marshall, D-Ga. ... suggested that avoiding additional debt is a greater priority for the country's economic health than providing universal health care coverage for all Americans." (David Chalian, "Blue Dog To Obama: Health Care Shouldn't Increase Debt," ABC News' "The Note" Blog, www.abcnews.com, 3/2/09)
-- Rep. Marshall: "Increasing Spending Without Coming Up With Revenue
That Matches That Spending Or Cutting Spending Some Place Else Is Just
Not The Direction That We Need To Head In." Marshall: "Frankly all of
us would like to see more Americans have access to health care and
there will be a lot of different arguments concerning the appropriate
plan, but I think there's a larger issue on the table now and I think
the President has a real opportunity to show some leadership with
regard to that issue, and it's the long-term fact that our budget just
isn't sustainable ... Increasing spending without coming up with
revenue that matches that spending or cutting spending some place else
is just not the direction that we need to head in. We've been doing
that too long now. We're addicted to debt, w e ran up debt
unbelievably during the Bush administration years, and I hope the
administration will show some real leadership and head this country
towards a sustainable course in the long run." (David Chalian, "Blue
Dog To Obama: Health Care Shouldn't Increase Debt," ABC News' "The
Note" Blog, www.abcnews.com, 3/2/09)
Democrats Have Already Passed And Proposed Trillions Since President Obama Was Sworn In:
President Obama Proposed Spending Between $3.5 And $4 Trillion In His FY2010 Budget. "Obama's budget overview will call for between $3.5 trillion and $4 trillion in spending in fiscal year 2010 and creates space for up to $750 billion in additional bank bailout funds this year - money that hasn't been requested and the administration hopes will not be necessary to stabilize the still-reeling financial system." (Major Garrett, "Obama's Budget Projects $1.75 Trillion Deficit," FoxNews.com, www.foxnews.com, 2/26/09)
Last Month, President Obama Signed The $787 Billion Economic Stimulus Package. "The $787 billion stimulus bill that President Barack Obama signed Tuesday was a warm-up act, an emergency provision aimed at stimulating a moribund economy." (David Lightman and Margaret Talev, "How Much Government Spending Is Ahead? Stay Tuned," The Miami Herald, 2/20/09)
Last Week, Democrats In The House Passed A $410 Billion Omnibus Spending Bill. "The U.S. House voted to boost spending on domestic programs by 8 percent, ease restrictions on travel to Cuba and kill a school voucher program in Washington, D.C., as part of a $410 billion spending bill." (Brian Faler, "House Approves $410 Billion 'Omnibus' Spending Bill," Bloomberg, 2/25/09)
President Obama Announced A $275 Billion Plan To Stave Off Foreclosures. "After a week dominated by programs that involve spending -- in addition to the stimulus package, the plan to stave off foreclosures could cost taxpayers as much as $275 billion -- Mr. Obama used his weekly radio and Internet address to chart the immediate road ahead." (Sheryl Gay Stolberg, "Obama Pledges To Seek Deficit Cuts," The New York Times, 2/21/09)
WILL A HEALTH CARE PROPOSAL INCLUDE CAMPAIGN PROMISES?
During The Campaign, Obama Proposed An Employer Mandate And Government-Organized Marketplace For Health Insurance:
Obama Proposed A "Government-Organized Marketplace" For Health Insurance. "During his presidential campaign, Mr. Obama proposed a system in which people could buy insurance through a government-organized marketplace, where private plans and a new government-run plan would compete." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
Obama Proposed Forcing Businesses To Cover Their Employees Or Pay Into A Fund. "During his campaign, Mr. Obama proposed that large businesses be required to offer coverage or pay into a fund, while small businesses that offer coverage would get a tax credit." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
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Today, President Obama Will Host A Health Care Summit:
Today, President Obama Will Host A Summit On Health Care Issues. "On Thursday, Mr. Obama will host a summit on health-care issues where a variety of stakeholders will come together with members of Congress." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
EVEN MORE SPENDING? HIGHER TAXES?
President Obama's Health Care Plan Could Cost More Than $1 Trillion:
Estimates Place The Cost Of President Obama's Health Care Plan At Over $1 Trillion Over The Next Decade. "Estimates put the full cost of Mr. Obama's health plan at more than $1 trillion over 10 years." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
The President Has Been Vague About Funding His Health Care Plan:
President Obama Has Been Vague On How His Health Care Plan Would Be Financed. "Mr. Obama has been vague about how the country's future health-care system should be structured, but he was detailed last week about how to pay for it. He proposed raising $634 billion over 10 years through tax increases on the wealthy and cuts to existing government health-care spending." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
In The Past, Obama Proposed Funding Health Care Reforms By Repealing The Bush Tax Cuts:
Originally, President Obama Said He Would Finance His Health Care Plans By Rolling Back The Bush Tax Cuts. "On his Presidential Transition website, President Obama said he would 'pay for his $50 - $65 billion health care reform effort by rolling back the Bush tax cuts for Americans earning more than $250,000 per year and retaining the estate tax at its 2009 level.'" (Jake Tapper, "Read His Lips: New Taxes," ABC News' "Political Punch" Blog, www.abcnews.com, 2/26/09)
But Instead, Democrats Have Already Announced Plans For Billions In New Taxes To Fund Health Care:
President Obama Still Plans On Ending The Bush Tax Cuts; But Instead Of Using Them To Fund Health Care, He Proposed A New Tax. "But as we learned yesterday afternoon, though the President is certainly planning on raising taxes on the wealthiest Americans by allowing the Bush tax cuts to expire next year -- making the top rate jump from 35% to 39.6% -- the President plans on partially funding the Health Care Reserve fund by raising another, new tax on those families making $250,000 a year, specifically from reducing the itemized deduction rate for families with incomes over $250,000, limiting it to 28 percent." (Jake Tapper, "Read His Lips: New Taxes," ABC News' "Political Punch" Blog, www.abcnews.com, 2/26/09)
President Obama Proposed A $634 Billion Reserve Fund For Health Care, That Experts Believe Will Cost At Least $1 Trillion. "President Obama is proposing to begin a vast expansion of the U.S. health-care system by creating a $634 billion reserve fund over the next decade, launching an overhaul that most experts project will ultimately cost at least $1 trillion. The 'reserve fund' in the budget proposal being released today is Obama's attempt to demonstrate how the country could extend health insurance to millions more Americans and at the same time begin to control escalating medical bills that threaten the solvency of families, businesses and the government." (Ceci Connolly, "Obama Proposes $634 Billion Fund For Health Care," The Washington Post, 2/26/09)
Democrats Plan To Pay For The Reserve Fund By Capping Tax Deductions, Amounting In A Tax Increase Of More Than $300 Billion. "About half the money for the new fund would come by capping itemized tax deductions for Americans in the top income bracket. The proposal, which administration officials characterize as a 'shared-responsibility issue,' would reduce the value of tax deductions for families earning more than $250,000 by about 20 percent, according to administration documents." (Ceci Connolly, "Obama Proposes $634 Billion Fund For Health Care," The Washington Post, 2/26/09)
Does The Obama Administration Plan On Using An Employer Tax Exclusion To Help Fund Health Care?
There Is Speculation That Democrats Will Propose An Employer Tax Exclusion To Help Fund The Health Care Proposals. "The administration, as John Cohn says, means to leave the rest of the financing question to Congress. But according to both members of Congress and the administration, that ambiguity obscures a specific solution under examination: The employer tax exclusion." (Ezra Klein, "What Obama's Budget Does -- And Doesn't - Say," The American Prospect's "Ezra Klein" Blog, www.prospect.org, 2/22/09)
-- This Is The Same Idea That The Obama Campaign "Brutalized" McCain For
Suggesting. "This is a particularly tricky policy for the Obama
administration to propose because they brutalized John McCain for
suggesting much the same thing. McCain, they said, was planning to tax
employer health care benefits for the first time in history." (Ezra
Klein, "What Obama's Budget Does -- And Doesn't - Say," The American
Prospect's "Ezra Klein" Blog, www.prospect.org, 2/22/09)
Even Other Democrats Are Beginning To Question The Amount Of Debt That President Obama's Health Care Plans Would Bring:
Rep. Jim Marshall (D-GA) Suggested Avoiding More Debt Was More Important Right Now Than Providing Universal Health Care. "One Blue Dog Democrat in the House made clear today that he is unlikely to support President Obama's health care reform plans unless it is revenue neutral and does not add long-term debt to the nation's balance sheet. In an appearance on ABC News Now's 'Politics Live,' Rep. Jim Marshall, D-Ga. ... suggested that avoiding additional debt is a greater priority for the country's economic health than providing universal health care coverage for all Americans." (David Chalian, "Blue Dog To Obama: Health Care Shouldn't Increase Debt," ABC News' "The Note" Blog, www.abcnews.com, 3/2/09)
-- Rep. Marshall: "Increasing Spending Without Coming Up With Revenue
That Matches That Spending Or Cutting Spending Some Place Else Is Just
Not The Direction That We Need To Head In." Marshall: "Frankly all of
us would like to see more Americans have access to health care and
there will be a lot of different arguments concerning the appropriate
plan, but I think there's a larger issue on the table now and I think
the President has a real opportunity to show some leadership with
regard to that issue, and it's the long-term fact that our budget just
isn't sustainable ... Increasing spending without coming up with
revenue that matches that spending or cutting spending some place else
is just not the direction that we need to head in. We've been doing
that too long now. We're addicted to debt, w e ran up debt
unbelievably during the Bush administration years, and I hope the
administration will show some real leadership and head this country
towards a sustainable course in the long run." (David Chalian, "Blue
Dog To Obama: Health Care Shouldn't Increase Debt," ABC News' "The
Note" Blog, www.abcnews.com, 3/2/09)
Democrats Have Already Passed And Proposed Trillions Since President Obama Was Sworn In:
President Obama Proposed Spending Between $3.5 And $4 Trillion In His FY2010 Budget. "Obama's budget overview will call for between $3.5 trillion and $4 trillion in spending in fiscal year 2010 and creates space for up to $750 billion in additional bank bailout funds this year - money that hasn't been requested and the administration hopes will not be necessary to stabilize the still-reeling financial system." (Major Garrett, "Obama's Budget Projects $1.75 Trillion Deficit," FoxNews.com, www.foxnews.com, 2/26/09)
Last Month, President Obama Signed The $787 Billion Economic Stimulus Package. "The $787 billion stimulus bill that President Barack Obama signed Tuesday was a warm-up act, an emergency provision aimed at stimulating a moribund economy." (David Lightman and Margaret Talev, "How Much Government Spending Is Ahead? Stay Tuned," The Miami Herald, 2/20/09)
Last Week, Democrats In The House Passed A $410 Billion Omnibus Spending Bill. "The U.S. House voted to boost spending on domestic programs by 8 percent, ease restrictions on travel to Cuba and kill a school voucher program in Washington, D.C., as part of a $410 billion spending bill." (Brian Faler, "House Approves $410 Billion 'Omnibus' Spending Bill," Bloomberg, 2/25/09)
President Obama Announced A $275 Billion Plan To Stave Off Foreclosures. "After a week dominated by programs that involve spending -- in addition to the stimulus package, the plan to stave off foreclosures could cost taxpayers as much as $275 billion -- Mr. Obama used his weekly radio and Internet address to chart the immediate road ahead." (Sheryl Gay Stolberg, "Obama Pledges To Seek Deficit Cuts," The New York Times, 2/21/09)
WILL A HEALTH CARE PROPOSAL INCLUDE CAMPAIGN PROMISES?
During The Campaign, Obama Proposed An Employer Mandate And Government-Organized Marketplace For Health Insurance:
Obama Proposed A "Government-Organized Marketplace" For Health Insurance. "During his presidential campaign, Mr. Obama proposed a system in which people could buy insurance through a government-organized marketplace, where private plans and a new government-run plan would compete." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
Obama Proposed Forcing Businesses To Cover Their Employees Or Pay Into A Fund. "During his campaign, Mr. Obama proposed that large businesses be required to offer coverage or pay into a fund, while small businesses that offer coverage would get a tax credit." (Laura Meckler, "Tough Questions Dog Health-Care Overhaul," The Wall Street Journal, 3/3/09)
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Monday, February 23, 2009
Boehner Warns Raising Taxes in a Recession Will Hurt Economy, Destroy Jobs
House Republican Leader John Boehner (R-OH) yesterday issued the following statement reacting to media reports that President Obama's budget proposal will increase taxes on families and small businesses during a recession, and rely heavily on military spending cuts at a time when America is fighting a war against international terrorism and radical jihadism:
“Back in November, I urged then-President-elect Obama to take tax hikes off the table, warning that raising taxes in a recession will further hurt the economy and endanger jobs. I’m very concerned by reports that raising taxes on families and small businesses in a recession will be the centerpiece of the President’s first budget. I’m also troubled by reports that the budget relies heavily on military spending cuts, which could jeopardize our troops and their ability to complete their missions safely and successfully.
“Raising taxes on families and small businesses in a recession will do further damage to the economy, discouraging families from working and threatening the very jobs the President wants to help our economy create. Americans are wise enough to know that the additional money being taken out of their paychecks will not go to deficit reduction; in the hands of Democratic congressional leaders, it will be squandered on inefficient government programs and wasteful pork-barrel projects. It happened two weeks ago, and is slated to happen again this week as Democratic congressional leaders rush to the floor legislation that includes the largest discretionary spending hike since Jimmy Carter.
“Stopping out-of-control spending here in Washington, not increasing taxes on families and small businesses or endangering our troops and their mission, is the responsible way to tackle the deficit.”
NOTE: In a November 23, 2008 appearance on Fox News Sunday, Boehner urged then-President-elect Obama not to raise taxes during the recession, asking host Chris Wallace, “If we want to create jobs now and we want to create certainty now, why wouldn’t we lower taxes? And, if we really want to help the economy, why wouldn’t we have the President-Elect say, ‘I’m not going to raise taxes on any American my first two years in office?’”
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“Back in November, I urged then-President-elect Obama to take tax hikes off the table, warning that raising taxes in a recession will further hurt the economy and endanger jobs. I’m very concerned by reports that raising taxes on families and small businesses in a recession will be the centerpiece of the President’s first budget. I’m also troubled by reports that the budget relies heavily on military spending cuts, which could jeopardize our troops and their ability to complete their missions safely and successfully.
“Raising taxes on families and small businesses in a recession will do further damage to the economy, discouraging families from working and threatening the very jobs the President wants to help our economy create. Americans are wise enough to know that the additional money being taken out of their paychecks will not go to deficit reduction; in the hands of Democratic congressional leaders, it will be squandered on inefficient government programs and wasteful pork-barrel projects. It happened two weeks ago, and is slated to happen again this week as Democratic congressional leaders rush to the floor legislation that includes the largest discretionary spending hike since Jimmy Carter.
“Stopping out-of-control spending here in Washington, not increasing taxes on families and small businesses or endangering our troops and their mission, is the responsible way to tackle the deficit.”
NOTE: In a November 23, 2008 appearance on Fox News Sunday, Boehner urged then-President-elect Obama not to raise taxes during the recession, asking host Chris Wallace, “If we want to create jobs now and we want to create certainty now, why wouldn’t we lower taxes? And, if we really want to help the economy, why wouldn’t we have the President-Elect say, ‘I’m not going to raise taxes on any American my first two years in office?’”
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