About Me

My photo
This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Monday, December 16, 2013

10 Reasons to Vote Against the Murray-Ryan Giant Spending and Deficit Increase -- By Michael Hammond, RedState

(1) IT INCREASES SPENDING BY OVER $50 BILLION DOLLARS. PERIOD.

“New discretionary spending” would be increased by $26,300,000,000 this year, $21, 600,000,000 next year (fiscal year 2015), and $8,600,000,000 in fiscal year 2016. Thus, the total discretionary spending increases for three years is $56,500,000,000. This budget’s projections concerning spending in 2023 or any other out-year aren’t worth the paper they’re printed on.

Even the fake spending offsets are only $2.625 billion this year, $1.830 billion next year, and $2.026 billion in 2016 — for a total of $6.481 billion. But these are unenforceable, for reasons which will be discussed later.

But, even assuming their fake spending “offsets,” the net spending increase as a result of the Murray-Ryan bill will be slightly over $50 billion.

(2) IT INCREASES THE DEFICIT BY OVER $45 BILLION. PERIOD.

As a result of the spending increases above, the deficit would increase $23.226 billion in 2014, $18.154 billion in 2015, and $4.126 billion in 2016 — for a total deficit/debt increase of $45.506 billion.

(3) IT RAISES TAXES IN ORDER TO RAISE SPENDING. PERIOD.

The proposed budget raises a little over $4 billion in “fees” for the next three years. These tax increases mean they can increase discretionary spending a net of over $50 billion, but “only” increase the deficit by $45.506 billion.

Many of us have had problems with this Republican conceit that “user fees” are somehow not taxes. But, even for those who embrace “user fees,” the fact is that things like this bill’s “aviation security fees” are not required to be used — and will not be used — to increase “aviation security,” but rather to create a slush fund for more social spending.

(4) THE INCREASED SPENDING WILL BE SPENT ON DEMOCRATIC PRIORITIES WHICH WILL EXPLODE IN OUT-YEARS. PERIOD.

Supposedly, new discretionary spending will be over $55 billion in the next three years, but will drop to $2 billion in 2018, $600 million in 2019, and nothing after that.

To quote Speaker John Boehner: “ARE YOU KIDDING ME?????”

Massively expanding programs in the short term doesn’t create a rubric for those programs to disappear. It insures that they will grow even faster in the future. And that that $55 billion will be significantly increased in 2017 and beyond.

 (Click link below to read more)
READ MORE Sphere: Related Content

No comments:

Post a Comment