Greetings to our constituents, fellow Floridians, and all Americans, here we are for another weekly update. There is only one word that describes the past week: appalling.
It was appalling to hear the President of the United States truly threaten our nation’s senior citizens and Military Veterans/Retirees. Furthermore, the blatant lie that 80% of Americans want their taxes raised is beyond unconscionable.
I believe we are headed towards the ultimate ideological clash in America. There is a widening chasm which has developed between those who believe in principled fiscal policies and those desiring the socialist bureaucratic nanny-state. An unfortunate aspect to this is the complicity of a mainstream media which does not report facts, but rather ideological bias. This clash will determine the future and legacy of our Constitutional Republic.
I know who wins in the end, but it is going to be one heck of a fight.
This week the House GOP shall vote on a plan that will enable us to protect the full faith and credit of the United States but also tackle the long-term fiscal viability of our nation. The plan is summarized by the concept of “Cut, Cap, and Balance.” Our Congressional office issued a statement on Friday which explains the legislation, of which I am an original cosponsor - you can click here to view.
Neither I nor any other reasonable person wants to see the United States default on its debt interest payments and threaten a potential rise in our interest rates. I do not want to see my country devolve into the European situation played out in Portugal, Italy, Ireland, Greece, or Spain (PIIGS). However, now is the time to get our fiscal house in order by implementing spending control measures which will begin to turn around our economic ship of state.
We must have equitable and immediate spending cuts to our non-defense discretionary spending. We must cap federal government spending as per the Gross Domestic Product (GDP), currently near 25%, down between 18-20% putting it in line with revenues. And lastly, we must have a balanced budget amendment to the Constitution which will force us to prioritize and operate within our means, similar to American households and many state governments.
As for President Barack Obama, he has no such plan. He has never had a plan, just words, just speeches. His Budget for Fiscal Year 2012 failed 0-97 in the United States Senate. Speaking of the Senate, it has been over 800 days since the Senate, under Democrat control, has passed a budget.
President Obama has added some $4.5 trillion to our national debt in less than three years. President Obama has produced record deficits, the negative difference between revenues and spending, of $1.42 trillion, $1.29 trillion, and an estimated $1.65 trillion for each year since taking office.
The unemployment rate under President Obama is a problem of epic proportions, national (9.2%), black community (16.2%), and among veterans (approx 12%). This comes from someone who told us his almost trillion-dollar stimulus would keep unemployment in America under 8%. As well, the almost $2 trillion Patient Protection and Affordable Care Act has been a disaster, and the worst is yet to come.
This has nothing to do with race (unfortunately my colleague from Texas, Representative Sheila Jackson-Lee believes so), and it has everything to do with an economic vision which is anathema to our free market/free enterprise system...an economic vision which has failed at every turn.
And all we hear from the President is talk about “shared sacrifice,” “tax the rich,” and “increase revenues by tax hikes.” It was just December 2010 that President Obama and the Democrats extended the Bush era tax rates for two years…now less than a year later they are FLIP-FLOPPING!
The problem is, there is no confidence and certainty in the fiscal vision emanating from Washington D.C. and hence revenues and receipts are down. We are not setting the conditions or creating an environment for economic and job growth. For all of you, that is what has to change, and that is where I am committed to seeing change and not the empty rhetorical doublespeak of 2008.
I suppose the President forgot that 47% of wage earning households in America do not pay federal income taxes.
In the area of foreign policy, the United States has officially recognized the Libyan rebels as the “legitimate” government of Libya. Now, I am just a simple fella from down South, but I recall a previous Democrat President recognizing a bunch of undefined ideological zealots called the Taliban…and we all see how that ended up!
The voices of the American people who want sound fiscal, taxation, and regulatory policy need to be heard this week. I am issuing a “call to action” – let the White House, Nancy Pelosi, and Harry Reid hear how you feel. Are there REALLY 80% of Americans who want higher taxes?
I must confess, when I see anyone with an Obama 2012 bumper sticker, I recognize them as a threat to the gene pool.