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Posts Tagged ‘United States Budget’

In my previous post on Monday, I wrote about the horrible prospect of shattering our current national debt ceiling of over $14 trillion.  There is no doubt that our nation is in serious trouble.  We cannot afford these record deficits and any attempts at spending cuts under this current Congress have been laughable at best thus far.

A few moments ago, I received an email from the Radtke campaign regarding her thoughts on this issue.  I’m glad to see that she and I are of a similar mindset.  As I’ve stated, we cannot spend our way to prosperity.  I haven’t found anything from the other candidates on this issue either on their websites or elsewhere, but I hope whomever we elect will work diligently to curb this outrageous spending.

In case you didn’t get the memo, I’m giving an open invitation to all the Senate campaigns; I welcome any and all information that any of you care to send.  Email me something interesting or something I agree with and, chances are, I’ll write about it.

Getting back to the main focus of this article, although I run the risk of sounding like a broken record, it is simply unfair to burden future generations with our current irresponsibility.

So here are Jamie Radtke’s thoughts:

Yesterday the U.S. government reached the federal debt ceiling of $14.294 trillion. The Washington Establishment consensus seems to be that we must raise the debt ceiling and increase the limit on the taxpayer credit card to as much as $16 trillion by some proposals.

There is an expression – “when you are in a hole… stop digging” – but the Washington Establishment and career politicians seem determined to dig us all the way to China. Congressional Republicans should refuse to raise the debt ceiling and should instead take the actual step of balancing the budget.

I have been traveling all over the great Commonwealth of Virginia and something I hear consistently is: don’t raise the debt ceiling and let’s live within our means. People outside of the Washington Establishment are feeling the effects of an irresponsible government every time they fill up with gas or buy groceries. The spending insanity must stop.

It is wiser to make the hard choices now, before the debt crisis explodes and wreaks uncontrollable havoc on our economy. Standard & Poor’s downgraded its credit outlook on the U.S. to “Negative” and has already warned us that business as usual spending approach cannot continue.

The real problem is finding leaders with the backbone to stop the immoral spending. Instead of actual cuts, current career politicians ‘promise’ cuts. However, we saw last March that Congress’ ‘promises’ are meaningless. During the budget negotiations the ‘promised’ spending cuts shrank from $100 billion to $353 million.

So it has fallen to a handful of principled conservatives in the House and Senate to tell Congress and the President: It’s time to stop digging!

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As the federal government rapidly approaches its debt limit, powerful lawmakers and bureaucrats are suggesting that we increase that ceiling as to allow the government to go further into the red.  Now, I’m sure that just about every American knows that the federal government doesn’t merely suffer from some minor credit problem.  After all, how many other industrialized nations have a debt clock to keep track of the gross irresponsibility of their leaders?  Why is it that we have allowed our elected representatives to go $14.29 trillion into debt?

Speaking of that matter, do you have $129,105 sitting around to give to Washington?  No?  Well, that is how much you owe.  Given this information, why are there not daily mass protests in the streets as our legislators spend, not only our future, but the future of our children and their children as well?

Consider your own personal finances for a moment if you will.  Imagine that your spending vastly outpaces your income.  Worse yet, all of your credit cards are maxed out and you only pay the interest on your debt, not the principle.  What is the solution?  Although a wise person might suggest that you seek a credit councilor and get your problem under control, D.C. takes a different approach.  They think that we simply need a higher credit limit or a new credit card.  Although we know such behavior leads to personal ruin, for some reason we have allowed our President and members of Congress to be completely negligent stewards of taxpayer money.  When the government spends our money on foolish and unconstitutional endeavors, we ought to be upset.  However, the time for being merely upset is over.  Given that the government spends money that they don’t even have to the tune of over $14 trillion, we have devolved into a state of crisis.

The solution to this problem is relatively easy, although admittedly not without pain and hardship.  Rather than raise the debt ceiling again and again, we must drastically slash spending, payoff our debts, and balance the budget once and for all.  Every department, agency, and program has to be cut, and many eliminated entirely.  Republicans and Democrats alike have been spending our money like drunken sailors.  Enough is enough.

In a speech back in 1996, President Bill Clinton famously stated, “the era of big government is over” while also calling for a balanced budget.  Back then the deficit was only about $6 trillion.  Unfortunately, Clinton was wrong.  No, boys and girls, big government is alive and well and growing larger by the day.

Maybe we too should take a page from Washington and personally borrow to finance all of our wildest hopes and dreams.  After all, according to their model, we must be able spend our way to prosperity.  Oh, don’t you worry.  We won’t have to pay for any of it.  Put that big-ticket item on my unborn child’s tab.

Although I’m aware that it is merely wishful thinking, I’d like every American to write this simple message to their Representatives and Senators:  you vote to increase the debt ceiling and we vote you out of office.

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