A Quote by Reince Priebus
Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.
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The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.
A budget matters to people who worry about protecting and saving critical programs like Medicare and Social Security. A budget matters to younger workers who fear that more and more money will be taken from their paychecks to fund another generation's spending spree.
In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually.
While the Left seems obsessed with increasing taxes and spending even more money, conservatives have focused more heavily on the need for spending restraint and entitlement reform - primarily to preserve and protect the future of the Medicare program. Overlooked in all of this is the future of Medicaid.
I will continue my consistent record of voting for lower taxes, less spending and fewer regulations to make our government more effective and efficient while upholding our Constitution.
No more painters, no more scribblers, no more musicians, no more sculptors, no more religions, no more royalists, no more radicals, no more imperialists, no more anarchists, no more socialists, no more communists, no more proletariat, no more democrats, no more republicans, no more bourgeois, no more aristocrats, no more arms, no more police, no more nations, an end at last to all this stupidity, nothing left, nothing at all, nothing, nothing.
As more and more Americans own shares of stock, more and more Americans understand that taxing businesses is taxing them. Regulating businesses is taxing them. They ought to be thinking long-term about their ownership, not just their income, and that they should pay taxes on capital, as well as taxes on labor.
Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.
The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the program's finances separately from the rest of the budget.
I'd also remind people, if I were running for Presidency, that a long-term problem facing the budget is Social Security and Medicare.
I'm not advocating spending less on the elderly, but I am strongly advocating spending more on kids while also putting the country on a sound, long-term fiscal trajectory. To do that, we have to reduce the rate of growth of entitlement-related expenditures and add more revenues.
Those policies - more taxes, more regulation, more debt, more spending, more government - will make American worse. It just will, in my view.
Motorists who want to save money on gas will demand and buy more fuel-efficient vehicles. We should not limit their freedom with more government regulations.
For more than forty years, the United States Congress has shamelessly used payroll taxes intended for Social Security to fund big government spending.
What we need is to make our senior citizens feel secure once more with their own Social Security and Medicare. But going forward, we need to personalize that program in a way that the government can't go in and raid it any more.
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