• Barack Obama,  economics,  Evan Byah

    Moderate Democrats Bag on Obama Taxation and Spending Plans – NO to Omnibus Appropriations Act

    ramirez toon030409

    Political Cartoon by Michael Ramirez

    The Obama Administration has been spending like drunken sailors and have now met with resistence from moderate Democrat Senators.

    Moderate and conservative Democrats in the Senate are starting to choke over the massive spending and tax increases in President Barack Obama’s budget plans and have begun plotting to increase their influence over the agenda of a president who is turning out to be much more liberal than they are.

    A group of 14 Senate Democrats and one independent huddled behind closed doors on Tuesday, discussing how centrists in that chamber can assert more leverage on the major policy debates that will dominate this Congress.

    Afterward, some in attendance made plain that they are getting jitters over the cost and expansive reach of Obama’s $3.6 trillion budget proposal.

    What a surprise?

    Not

    These Pols, like Senator Evan Byah of Indiana understand
    that they will be held accountable when the hyper-inflation returns and foreign countries start to put pressure on the United States for concessions because they hold the notes on all of our debt.

    This week, the United States Senate will vote on a spending package to fund the federal government for the remainder of this fiscal year. The Omnibus Appropriations Act of 2009 is a sprawling, $410 billion compilation of nine spending measures that lacks the slightest hint of austerity from the federal government or the recipients of its largess.

    The Senate should reject this bill. If we do not, President Barack Obama should veto it.

    The omnibus increases discretionary spending by 8% over last fiscal year’s levels, dwarfing the rate of inflation across a broad swath of issues including agriculture, financial services, foreign relations, energy and water programs, and legislative branch operations. Such increases might be appropriate for a nation flush with cash or unconcerned with fiscal prudence, but America is neither.

    Drafted last year, the bill did not pass due to Congress’s long-standing budgetary dysfunction and the frustrating delays it yields in our appropriations work. Since then, economic and fiscal circumstances have changed dramatically, which is why the Senate should go back to the drawing board. The economic downturn requires new policies, not more of the same.

    Change you can believe in?

    Nope

    Democrat tax and spend PLUS CA CHANGE.


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