This week, Congress contemplates passage of a $1.1 trillion omnibus spending bill. With many criticizing the inclusion of 6,488 earmarks just weeks after Senate Republicans self-imposed an earmark moratorium, the Libertarian Party of Georgia is asking Republican Senators Johnny Isakson and Saxby Chambliss why they have 24 and 42 earmarks, respectively, in the proposed legislation.
In both the 2008 and 2010 re-election campaigns of the incumbent Senators, they stressed their fiscally conservative credentials during their respective campaigns against far more fiscally conservative Libertarian candidates Allen Buckley and Chuck Donovan. With a combined 66 earmarks, both Senators joined 33 other Republicans in packing the omnibus bill full of pork-barrel spending prior to the moratorium that both Chambliss and Isakson supported.
"My question to the Georgia Senators is this: Why, after running campaigns touting fiscal discipline and reducing Federal spending, are you back to 'business as usual?,'" said Brett Bittner, Executive Director of the Libertarian Party of Georgia. "Both Senators, along with their Republican colleagues, show us that they can 'talk the talk,' but they are unable to 'walk the walk.'"
While the self-imposed moratorium on earmarks is non-binding and did not pass as an amendment to S. 510, the recent food safety bill, the aversion to reducing federal spending on a small scale indicates that the Senate may not be taking the temporary earmark ban all that seriously.
"This is another example of our elected officials saying one thing to get elected, only to turn around and do the opposite once in office," stated Libertarian Party of Georgia Chairman, Daniel N. Adams. "I am curious to know how long this ruse will continue to be effective."
The Libertarian Party is Georgia’s third largest political party and the only party in Georgia promoting fewer taxes, less government and personal liberty for all Georgians. To learn more, please visit www.LPGeorgia.com
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Showing posts with label consumer spending. Show all posts
Showing posts with label consumer spending. Show all posts
Friday, December 17, 2010
Tuesday, March 24, 2009
Campaign to Sell President's Budget Has "No Noticeable Impact" as Americans Realize It Spends Too Much, Taxes Too Much, Borrows Too Much
President Obama will hold a news conference this evening, as the campaign to sell his fiscally-irresponsible budget continues. Last week, the effort kicked-off with some fanfare, as news broke that his presidential campaign apparatus would be called upon to spin his $3.6 trillion budget blueprint. However, more than a week into the “budget campaign,” it seems the Administration and its political allies are having some trouble building support for the budget with the American people – and even some Democratic Members of Congress. McClatchy News reports:
“President Barack Obama’s army of canvassers fanned out across the nation over the weekend to drum up support for his $3.55 trillion budget, but they had no noticeable impact on members of Congress, who on Monday said they were largely unaware of the effort.”
“‘News to me,’ said Rep. Lloyd Doggett, D-Texas, a House Budget Committee member, of the canvassing.”
The reason the President’s campaign seems to be spinning its wheels is because the American people are realizing his budget will harm our economy and destroy jobs by spending too much, taxing too much, and borrowing too much. Last Friday, the nonpartisan Congressional Budget Office (CBO) issued a devastating report, noting that the President’s budget is actually $2.3 trillion more costly than the White House initially claimed. And yesterday, the President doubled-down on his plan for a national energy tax, with the Administration promising that it will fight for the tax, even though it will cost families up to $3,100 more per year. In other words, the more the American people are learning about this budget, the less they like it – and Members of Congress, including many Democrats, are hearing about it.
On WKRC radio in Cincinnati this morning, House Republican Leader John Boehner (R-OH) discussed the Democrats’ nervousness over the President’s budget:
“And so, the real key is what’s going to happen here over the next couple of weeks – whether we can stop the budget proposal that he has and put enough pressure on my colleagues on the other side of the aisle to take a second look at this proposal…”
“There’s a lot of nervousness over there right now over this, and what I’ve been doing and my colleagues have been doing is helping the American people understand that his budget spends too much, it taxes too much, and it borrows too much from our kids and grandkids.” (AUDIO)
While the Administration and Democratic leaders on Capitol Hill continue their budget campaign, Republicans are prepared to offer a better budget solution – one that will help create jobs, rebuild savings, and restore fiscal sanity. In a web video released last week, Boehner outlined for the President the GOP’s principles for a better budget, including:
- Helping create and protect jobs by letting families and small businesses keep more of what they earn.
- Ensuring the federal budget doesn’t grow faster than family budgets.
- Aiming to expand access to affordable health care for every American, while preserving Social Security and Medicare for future generations.
- Ending the bailouts to protect taxpayers and reforming the financial system so this crisis never repeats itself.
- Encouraging an “all of the above” energy strategy that harnesses new technologies, encourages greater conservation and efficiency, and increases American energy production in an environmentally-safe manner – without imposing a national energy tax.
- Fighting inflation so the prices of goods and services Americans depend on every day remain stable during and after this economic crisis.
The House Budget Committee will consider the President’s budget blueprint tomorrow, and Boehner today announced that Republicans will live-blog the debate on the Republican Leader’s blog, at http://gopleader.gov/Blog. During tomorrow’s debate, Republicans will remind Democrats that the President’s budget spends too much, taxes too much, and borrows too much and will offer better solutions for improving the blueprint, strengthening the economy, and creating jobs. Will Washington Democrats give these GOP solutions the consideration they deserve?
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“President Barack Obama’s army of canvassers fanned out across the nation over the weekend to drum up support for his $3.55 trillion budget, but they had no noticeable impact on members of Congress, who on Monday said they were largely unaware of the effort.”
“‘News to me,’ said Rep. Lloyd Doggett, D-Texas, a House Budget Committee member, of the canvassing.”
The reason the President’s campaign seems to be spinning its wheels is because the American people are realizing his budget will harm our economy and destroy jobs by spending too much, taxing too much, and borrowing too much. Last Friday, the nonpartisan Congressional Budget Office (CBO) issued a devastating report, noting that the President’s budget is actually $2.3 trillion more costly than the White House initially claimed. And yesterday, the President doubled-down on his plan for a national energy tax, with the Administration promising that it will fight for the tax, even though it will cost families up to $3,100 more per year. In other words, the more the American people are learning about this budget, the less they like it – and Members of Congress, including many Democrats, are hearing about it.
On WKRC radio in Cincinnati this morning, House Republican Leader John Boehner (R-OH) discussed the Democrats’ nervousness over the President’s budget:
“And so, the real key is what’s going to happen here over the next couple of weeks – whether we can stop the budget proposal that he has and put enough pressure on my colleagues on the other side of the aisle to take a second look at this proposal…”
“There’s a lot of nervousness over there right now over this, and what I’ve been doing and my colleagues have been doing is helping the American people understand that his budget spends too much, it taxes too much, and it borrows too much from our kids and grandkids.” (AUDIO)
While the Administration and Democratic leaders on Capitol Hill continue their budget campaign, Republicans are prepared to offer a better budget solution – one that will help create jobs, rebuild savings, and restore fiscal sanity. In a web video released last week, Boehner outlined for the President the GOP’s principles for a better budget, including:
- Helping create and protect jobs by letting families and small businesses keep more of what they earn.
- Ensuring the federal budget doesn’t grow faster than family budgets.
- Aiming to expand access to affordable health care for every American, while preserving Social Security and Medicare for future generations.
- Ending the bailouts to protect taxpayers and reforming the financial system so this crisis never repeats itself.
- Encouraging an “all of the above” energy strategy that harnesses new technologies, encourages greater conservation and efficiency, and increases American energy production in an environmentally-safe manner – without imposing a national energy tax.
- Fighting inflation so the prices of goods and services Americans depend on every day remain stable during and after this economic crisis.
The House Budget Committee will consider the President’s budget blueprint tomorrow, and Boehner today announced that Republicans will live-blog the debate on the Republican Leader’s blog, at http://gopleader.gov/Blog. During tomorrow’s debate, Republicans will remind Democrats that the President’s budget spends too much, taxes too much, and borrows too much and will offer better solutions for improving the blueprint, strengthening the economy, and creating jobs. Will Washington Democrats give these GOP solutions the consideration they deserve?
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Thursday, January 8, 2009
Libertarians: We're Not Going to Spend Our Way to Economic Recovery
American's largest third party is calling plans by the incoming Obama administration a "multibillion-dollar boondoggle."
"We're not going to spend our way to economic recovery," says Andrew Davis, a spokesperson for the Libertarian Party. "You can't even call Obama's economic plans a gamble because the results are written in stone. We've tried this Keynesian experiment many times in the past, with no proven success. It's nothing but a multibillion-dollar boondoggle."
The Libertarian Party says that Obama's spending proposals, which include funding the largest public works program since the 1950s, will take too long to implement and don't pass a cost/benefit test.
"The best plan for economic recovery would be giving more money back to taxpayers in the form of tax cuts, which can increase consumer spending and increase job creation," says Davis. "It will also avoid the corruption and wastefulness of government spending—something that must be addressed at once if we expect to remain a free and prosperous nation."
"Public works projects, like those proposed by the Obama administration, will take too long to implement and many will cost far more than their economic benefit," Davis explains. "So, not only will the government be spending taxpayer money on wasteful projects, it be spending money during a time when economic relief is not needed. Conversely, tax cuts are always in season."
The Libertarian Party also warns that adding close to a trillion dollars in additional government spending to the budget will push the United States closer to financial ruin.
"Elected officials don't like to talk about the reality of government spending because it's not an issue that gets them reelected, especially when they will be long-gone before it comes time to pay the piper." says Davis. "However, we've reached an event horizon in spending that if government doesn't immediately begin to cut its programs, the only option will be massive tax increases unlike Americans have ever seen."
Davis says the government's focus should be on permanent and significant tax cuts. "However, any tax cuts absolutely have to be offset by a reduction in government spending, or else we're merely asking for higher taxes in the future," Davis explains. "We must not make the same mistakes of the Bush administration, which cut taxes, but also dramatically increased government spending."
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"We're not going to spend our way to economic recovery," says Andrew Davis, a spokesperson for the Libertarian Party. "You can't even call Obama's economic plans a gamble because the results are written in stone. We've tried this Keynesian experiment many times in the past, with no proven success. It's nothing but a multibillion-dollar boondoggle."
The Libertarian Party says that Obama's spending proposals, which include funding the largest public works program since the 1950s, will take too long to implement and don't pass a cost/benefit test.
"The best plan for economic recovery would be giving more money back to taxpayers in the form of tax cuts, which can increase consumer spending and increase job creation," says Davis. "It will also avoid the corruption and wastefulness of government spending—something that must be addressed at once if we expect to remain a free and prosperous nation."
"Public works projects, like those proposed by the Obama administration, will take too long to implement and many will cost far more than their economic benefit," Davis explains. "So, not only will the government be spending taxpayer money on wasteful projects, it be spending money during a time when economic relief is not needed. Conversely, tax cuts are always in season."
The Libertarian Party also warns that adding close to a trillion dollars in additional government spending to the budget will push the United States closer to financial ruin.
"Elected officials don't like to talk about the reality of government spending because it's not an issue that gets them reelected, especially when they will be long-gone before it comes time to pay the piper." says Davis. "However, we've reached an event horizon in spending that if government doesn't immediately begin to cut its programs, the only option will be massive tax increases unlike Americans have ever seen."
Davis says the government's focus should be on permanent and significant tax cuts. "However, any tax cuts absolutely have to be offset by a reduction in government spending, or else we're merely asking for higher taxes in the future," Davis explains. "We must not make the same mistakes of the Bush administration, which cut taxes, but also dramatically increased government spending."
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