We Just Don't Have Enough Money!
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February 5, 2010 at 9:03 am
It's simply unbelievable what the Democrats are doing in Washington. Do they really have that little respect for the American people? By a margin of 217-212, the House of Representatives voted to raise the federal debt limit by $1.9 trillion.
This vote, coupled with the Senate's 60-40 vote last month to do the same, the overall debt ceiling will rise to $14.3 trillion. This is the highest amount of debt the United States has ever carried! Just look at Obama's budget that he just sent to Congress. A full one-third of it will be paid for with funds we don't have!
As noted in the AP story on GOPUSA, every Republican in the U.S. House voted against the measure to raise the debt limit. The Republicans were joined by 37 Democrats. However, the remaining 217 Democrats voted to put our country further into debt, which will handcuff our economy and add to the growing financial burden that generations of Americans will have to pay.
The federal government is simply doing too many things that it was never intended to do, and most people don't even realize the extent or nature of the federal budget. As noted in a new Rasmussen Reports poll, just 35% of people realize that most federal spending goes to national defense, social security, and Medicare.
"These figures highlight a massive failure of leadership from both Republicans and Democrats among the nation's political elite," says Scott Rasmussen, president of Rasmussen Reports. "Given the amount of political chatter about the budget in recent years, it is almost beyond comprehension that neither party has seen fit to highlight the basics so that the American people can make reasoned choices on the fundamental issues before them."
So, spending on defense, social security, and Medicare represent over half of federal spending. Now, let's look at the revenue side. For fiscal year 2009, 98% of all federal revenue went to defense, Social Security, Medicare, and interest on the federal debt. All these other programs were paid with borrowed money!
First of all, if we don't have enough money to pay for programs, then cut the programs. Every American has to live within a budget. We are cautioned over and over and over again on the dangers of going into debt. Yet, our so-called leaders in Washington spend and spend and spend as if it were Monopoly money, and not our money... all with the goal of adding one more pet project or creating a program that will ensure reelection or increased government control.
Second, it's not the role of the federal government to get into all these programs! Defense yes, but most other things, NO!
The American people have already expressed frustration, and their voices are getting louder. According to a story on FOXNews.com, a new Fox News poll shows that "54 percent of voters say the deficit makes them feel worried, while 32 percent say they feel angry." Only 8 percent of respondents are "okay" with "new estimates that have the federal deficit growing to over $1.5 trillion dollars."
As another measure of hope that the American people are catching on, "47 percent [of voters] think President Obama's federal spending freeze proposal is just a gimmick that won't really help."
In the same poll, 84 percent agreed that "the Founding Fathers would be unhappy with the way things are going in Washington these days."
So, people are concerned about all the debt, they keep losing jobs, and Washington is voting for even more debt. The solution for Obama and the Democrats, of course, is to raise taxes. They are proposing to raise taxes on the top two income brackets. The people in these brackets are often the ones who HIRE people. Does anyone really think that hiring will improve if taxes go up? How does taking more money out of the economy help the economy? All it does is put more power and control in the hands of Obama and the Democrats so that they can "create" a job that they deem is worthy. Isn't it better to have real companies create real jobs that aren't paid for by taxpayers???
I congratulate the Republicans in Congress for standing united on this important issue. Just as important, the Republicans must get the message out as to what the Democrats are doing. The Democrats voted America into more debt. Plain and simple. Now, Republican leaders... get a clue, get the message out, and show the American people that you have a better plan.
