Tag: balanced budget

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Accountability free trade & free markets general freedom media and media people national politics & policies responsibility too much government

Working for Whom?

Rand Paul, John McCain, Vladimir Putin, balanced budget, spending cap

Two articles on Sen. Rand Paul appeared in my Reason feed the other day. Up top. 

So it was hard not to look. 

They were “John McCain: It ‘Wasn’t Incorrect’ to Say Rand Paul Was ‘Working for Vladimir Putin’” and “Rand Paul’s Plan to Balance the Budget by 2023 Will Get a Senate Vote This Week.”

The latter story is the bigger one, of course. In it, Eric Boehm asked, “Do Republicans have the guts to impose strict spending caps?”

His answer was “probably not.” Good guess.

“Passing the Kentucky Republican’s so-​called ‘Penny Plan’ would be a dramatic reversal for Congress,” Boehm wrote, “which earlier this year approved enormous spending hikes that busted Obama-​era spending caps and threaten to put the country on pace for a $1 trillion annual deficits.… Paul tells Politico that it will be a ‘litmus test for Republicans who claim to be conservative, but are only too happy to grow the federal government and increase our debt.’”

I am afraid the litmus paper has turned … red. As in red ink. As in accumulating debt till we drop.

Yesterday Paul’s plan was voted down, 21 – 76.

In the other Reason piece, Matt Welch noted that Arizona’s senior senator stands by his calumny, last year, against Kentucky’s junior senator. Paul had delayed “ratification of Montenegro’s entry into the North Atlantic Treaty Organization (NATO).” McCain, a gung-​ho NATO expansion proponent, accused Paul of “working for Vladimir Putin.”

If Putin really seethes with ill will towards America, wouldn’t he want to see the country burdened with debt? 

So, on this vote, those 76 senators who didn’t “stand with Rand” are undoubtedly working for Putin.

This is Common Sense. I’m Paul Jacob.

 

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Photo of Rand Paul by Gage Skidmore | Photo of John McCain from Wikimedia Commons

 

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Accountability government transparency national politics & policies responsibility

That Bright, Shining, Responsible Congress

congress, responsibility, budget, balanced, fiscal, debt, pay, paycheck, illustration

The latest Gallup public approval rating for our so-​called “representatives” on Capitol Hill stands at 11 percent — two whole percentage points higher than 2013’s worst-​ever 9 percent measure.

But what if Congress changed? What if our representatives did something dramatic? You know, to show Americans that they get it, that they’ll start representing us, that they’re about doing the job and not just riding the gravy train of power, high pay, lavish pensions, special exemption from Obamacare, etc.?

No, I don’t envision a majority of the 535 House and Senate members jumping into a phone booth and coming out with Super Solon capes. My fantasy actually has its roots in reality.

Neither Obama nor congressional Democrats dare stop Republicans in Congress from passing The Fiscal Responsibility Act of 2016, introduced by Rep. Rod Blum (R‑Iowa). The legislation presents a straightforward incentive: do your job, balance the budget or … your pay will be cut.

Okay, disincentive.

Until the deficit is closed, and budget balanced, Blum’s law would reduce each congressman’s salary by 5 percent the first year, then 10 percent each year thereafter. Once Congress balances the budget, their full pay will be restored.

“For the sake of our children and grandchildren who will be stuck paying off our $19 trillion debt,” Rep. Blum argues, “it’s time we make our politicians face the reality of our fiscal crisis by hitting them where it counts: their own pocketbook.”

If the Republican-​controlled Congress passed The Fiscal Responsibility Act, cutting their own pay until they get our country’s finances in order, the elections this November would be a rout.

Just a dream?

This is Common Sense. I’m Paul Jacob.

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media and media people national politics & policies too much government

What a Deal!

David Brooks, writing in the New York Times on Independence Day, cajoles Republicans to accept the deal that allegedly now faces them: Raise a few taxes (just a few!) in exchange for the Democrats going along with “a debt reduction measure of $3 trillion or even $4 trillion.” After all, he writes,

If the Republican Party were a normal party, it would take advantage of this amazing moment. It is being offered the deal of the century: trillions of dollars in spending cuts in exchange for a few hundred million dollars of revenue increases.

And then Brooks goes off on how unreasonable the Republicans have become, how abnormal.

Well, we can only hope.

There’s good reason for recalcitrance in the Republican party. Our beloved congressfolk do not have a revenue problem, they have a spending problem. They keep increasing spending, year by year, no matter what the revenue actually is.

Increasing revenue — which is still not certain even if marginal tax rates get upped or “loopholes” get closed — does not solve the base problem, which is spendaholic politicians. 

Besides, the “trillions” in cuts are in the future, while the taxes would be immediate. We’ve been burned on such deals before, like Lucy and Charlie Brown’s football.

There was a reason the New York Times chose Brooks for its “conservative.” He can always be counted to chatter “kick the ball.” 

Don’t fall for it, Charlie Brown.

This is Common Sense. I’m Paul Jacob.