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sequestration

Jane Richey / December 10, 2013

More Taxes to Fund Obamcare and Increased Spending

James Madison was very adamant that the power of the purse be preserved in the body of government that is closest to the people – the House of Representatives – as a way to redress all grievances against harmful government interventions.  We have a law that is woefully unpopular and universally regarded as unworkable, yet Republicans have made it abundantly clear to the Democrats that Obamacare will never be part of the budget negotiations ever again.  We have a president who is illegally usurping the power of Congress on an array of issues, yet Republicans have preemptively abdicated their authority to reassert their power through the budget process.

Consequently, Democrats are on the cusp of getting everything they want in the upcoming budget bill.  When Democrats are fully committed to growing government and Republicans are publicly committed to surrendering their leverage on budget bills, we are left with a one-sided deal.  It’s that simple.

Read more.

Jane Richey / November 29, 2013

Black Friday Spending Spree in Washington, DC

In Washington, members of the budget conference committee are considering several options that could increase spending by up to an additional $100 billion.

What’s standing in their way is sequestration: the automatic spending cut mechanism President Obama signed into law with the Budget Control Act (BCA). Sequestration enforces spending caps on the discretionary budget, which includes those domestic programs that brought you the infamous IRS Star Trek parody video and the $325,000 RoboSquirrel. The reductions disproportionately fall on defense, and lawmakers should do a better job of prioritizing this core constitutional function while staying within the agreed-upon spending levels.

According to news sources, some budget conference members are considering a compromise deal to bust the sequestration spending caps by up to $100 billion. In an attempt to find offsetting mandatory spending cuts and revenues to entice both sides into such a deal, lawmakers are reportedly considering an increase in “user fees.” This is simply a disguised tax increase.

Raising these fees to cover the cost of providing services is one thing. Increasing them to pay for more spending is just another Washington gimmick. Using gimmicks like this one to get around necessary spending reductions is a destructive habit that has helped fuel the now $17.2 trillion national debt.

Read more.

Jane Richey / October 22, 2013

Surprise, Surprise Democrats Want to Raise Taxes

Congressional Democrats want Republicans to sign off on $50 billion worth of tax increases to eliminate the sequester’s automatic spending cuts. The next phase of these cuts will take effect Jan. 15, when government funding will drop from $986 billion to $967 billion.

“There’s a lot of pressure on both sides, especially Republicans, after what they did to the country by following the Tea Party agenda, to show they are willing to come to the table and compromise,” said a Democratic aide.

Democrats say they would not accept any budget deal unless it includes tens of billions in new tax revenue. Their opening bid is $1 in new taxes for every $1 in spending cuts to offset the cost of ending sequestration for domestic and defense discretionary spending programs.

They add that Republicans will have added incentive to agree to tax increases because a disproportionate share of the sequester for 2014 will hit defense programs.

Read more.

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