Skip to content

Sequester and the Budget

March 18, 2013

Sequester and the Federal Budget

During this turbulent time of Conservatives trying to balance their run-away spending over the last 14 years – while blaming the liberal news media for misrepresenting their efforts to manage 2 unfunded wars and Medicare Part D – it is refreshing to discover the following facts:

The 24-hour news/talk television program producers creating daily aired segments regarding lack of White House Tours versus segments regarding proposed budget cuts in Food Stamps, Housing Assistance and Head Start programs reads as follows: 

Fox news 163- mentions of tours 3-social concerns

CNN    59-mentions of tours 0-social concerns

MSNBC    43-mentions of tours 5-social concerns

This lack of publicity only solidifies the coverage of the 2012 presidential campaign when just 2% of campaign coverage and print-outlets addressed Poverty.

Presently in the Federal legislature, the battle between conservatives and progressives is underway over what budget we should have for the next year. While the Democratic budget strives not tohamper the economy with massive cuts, it does implement critical investments in infrastructure, science and education.  This progressive budget repeals the sequestered debacle and delays all spending cuts until 2015.

The Republican budget, under Paul Ryan, contains enormous cuts which will hamper long-term investments in scientific research, education and infrastructure. These cuts will be counterproductive.  They will  reduce jobs

Growth and do nothing, in the long run, for our current fiscal situation. The proposed progressive budget, as proven in the past, produces faster growth, more jobs, and, therefore, more deficit reduction.

Conservative Ryan’s budget, like the last three proposed budgets passed by the house, relies strictly on theory which has already been proven to be unworkable. However, it does provide the wealthiest with draconian reductions in their tax bills!

Of these two bills, the Senate’s Progressive Budget proposal follows very closely the Simpson-Bowles Presidential Fiscal Commission‘s original budget plan. Both plans would enable the federal government to rein in spending, increase income and work to a balanced budget without cutting Medicaid, Medicare and other discretionary essential non-defense spending.

Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: