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Archive for the ‘2012 Budget’ Category

The Washingon Post

By Editorial Board, Published: March 20 The Washington Post

THERE IS NO credible path to deficit reduction without a combination of spending cuts and revenue increases. This is the fundamental conclusion of every responsible group that has examined the issue, most prominently the Simpson-Bowles commission, and it is the fundamental failure of the budget blueprint released Tuesday by House Budget Committee Chairman Paul Ryan (R-Wis.).

Instead, and unfortunately, Mr. Ryan’s plan lunges in the opposite direction. He dangles the carrots of lower income and corporate tax rates. He says he would maintain tax revenue and in fact have it grow to 19 percent of the gross domestic product by 2025. Yet he fails to do the hard, and politically treacherous, work of specifying what deductions and credits he would eliminate in order to make all that happen.

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By CARL HULSE, NYT
August 1, 2010

WASHINGTON — After months of partisan impasse, the House on Monday approved a budget agreement intended to head off a potential government default, pushing Congress a big step closer to the conclusion of a bitter fight that has left both parties bruised and exhausted.

Despite the tension and uncertainty that has surrounded efforts to raise the debt ceiling, the vote of 269 to 161 was relatively strong in support of the plan, which would cut more than $2.1 trillion in government spending over 10 years while extending the borrowing authority of the Treasury Department. It would also create a powerful new joint Congressional committee to recommend broad changes in spending — and possibly in tax policy — to reduce the deficit.

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by Joan McCarter for Daily Kos

Mon Apr 25, 2011 at 05:20 PM PDT

The progressive advocacy group Americans United for Change is taking on the GOP, running versions of this ad on broadcast television in the districts of Reps. Steve King (R-IA), Sean Duffy (R-WI), Chip Cravaack (R-MN), and Paul Ryan (R-WI).

“What are House Republicans thinking asking millions of seniors, the less fortunate and the disabled to make more sacrifices and the richest among us to make less,” says AUC executive Tom McMahon in a statement.

If Republicans have their way, there would be no more guaranteed Medicare benefits for America’s seniors, only a guarantee of paying more and more out of pocket for less care after being left to the mercy to the private insurance industry. There would only be a guarantee that millions of Americans would lose their jobs – only a guarantee that America’s poor and disabled will live sicker and die younger while millionaires get another tax break they don’t need and the nation cannot afford. This is not a path to prosperity, only a path to bankrupting seniors so Paris Hilton and BP can have another tax break. And there’s nothing courageous about that.

The television ads are in addition to robocalls the organization began making last week in 23 districts for a total 360,000 calls. But Americans United for Change isn’t the only game in town. The House Majority PAC, a new Democratic Super PAC, has launched a six-figure ad buy with radio ads targeting 10 Republican House members.

In what it’s calling a “substantial” media buy, the House Majority PAC is rolling out 60-second radio spots accusing Republican members of voting to “gut Medicare.””Just days ago, Sean Duffy voted for the Republican budget plan that’s going to have the wealthiest Americans lining up at the trough,” says one spot targeting freshman Rep. Sean Duffy (R-Wis.). “It protects billions in subsidies for big oil, and cuts taxes by trillions for the wealthiest Americans and big corporations. That’ll just make the deficit worse.”
….

The nine other GOP targets are Reps. Paul Gosar (Ariz.), Rick Crawford (Ark.), Allen West (Fla.), Chip Cravaack (Minn.), Charlie Bass (N.H.), Ann Marie Buerkle (N.Y.), Joe Heck (Nev.), Francisco “Quico” Canseco (Texas) and Blake Farenthold (Texas).

The biggest chunk is being spent against West, in FL-22. The good news is outside progressive and Democratic groups recognize the political value of protecting Medicare. Hopefully they’ll help convince Democratic electeds that the push for austerity and the subsequent hurt on the middle class is a really bad idea.

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