Well, perhaps we should take a look at this chart.....
Hmmmmm....perhaps letting a few of those tax breaks expire wouldn't be too
bad....yes, cut and yes....restore equity -
http://www.theatlantic.com/politics/archive/2011/07/the-chart-that-should-accompany-all-discussions-of-the-debt-ceiling/242484/
--- On Sat, 7/30/11, wle...@aol.com <wle...@aol.com> wrote:
From: wle...@aol.com <wle...@aol.com>
Subject: [FairfieldLife] Fwd: This Week In News For Senator Rand Paul - July
30, 2011
To: FairfieldLife@yahoogroups.com
Date: Saturday, July 30, 2011, 6:21 PM
From: sena...@paul.senate.gov
To: wle...@aol.com
Sent: 7/30/2011 3:36:38
P.M. Eastern Daylight Time
Subj: This Week In News For Senator Rand Paul -
July 30, 2011
RAND'S NEWSLETTER UPDATE
JULY
30, 2011
In
Kentucky
It
is always a pleasure meeting with Kentuckians and last week I had
another opportunity to do just that. The Tea Party hosted a
special event in Northern Kentucky, celebrating its
two-year-anniversary, and I was honored to speak before the group
of over 500 people. Read about my visit HERE.
I spoke on a number of issues but mainly the debt problem we face
and let me be clear that there is a tremendous amount of work
left
to do to fix the debt ceiling. The solution - the Cut, Cap and
Balance Act.
Voted
In Favor of Cut, Cap and Balance Act
My
Senate colleagues and I were given the opportunity to vote on the
Cut, Cap and Balance Act, following its passage in the House of
Representatives. As an original co-sponsor of the only plan that
both raises the debt ceiling and solves our debt problem in the
long-run, I confidently voted in its favor.
Unfortunately,
this reasonable and responsible proposal failed to pass the
Senate. But this fight is not over. To read my statement after
the
Senate vote on the Cut, Cap and Balance Act click HERE.
An
End To The Scare Tactics
If
President Obama were to support the Cut, Cap and Balance Act, a
historic and much-needed bill, we would have averted the debt
crisis he has made worse. Instead, the President took to the
airwaves and threatened Americans with the possibility of
defaulting on our debt. He insisted on using scare tactics rather
than telling the truth. The truth is we have enough money coming
in to keep paying out Social Security checks, the interest on our
debt, and our soldiers' salaries. Read my response to President
Obama's address HERE.
I
have introduced a plan to ensure the United States does not
default on its debt obligations in the event the debt ceiling is
not raised. There is no reason whatsoever for Social Security
recipients not to get a check, for an interest payment to be
missed, or for our soldiers not to get paid. It is now the
President's choice.
Oppose
Any Deal That Doesn't Balance
Members
of both chambers of Congress who wish to protect American
taxpayers must stand together in opposition of any debt 'deal'
that fails to balance. The stakes are too high to assume we can
incur more debt without a serious plan to eventually balance our
budget. Perpetual debt is unsustainable and the consequences are
frightening.
I
issued a letter
to my House GOP colleagues in opposition to the debt limit
extension bill that would increase our national debt by at least
$7 trillion. It fails to change the current trajectory we're on
by
failing to balance.
I
refuse to allow House Republican and Senate Democrat leaders add
TRILLIONS
more to our national debt without a serious fix that will end
Washington's spending addiction. One solution, which I strongly
support, would increase the debt ceiling by $2.4 trillion but
also
include a Balanced Budget Amendment to the Constitution.
Looking
Forward
Next
week, the situation should be clearer. The nation will know
whether or not their elected officials intend to pass meaningful
legislation that changes our currently unsustainable path or
continue to default on the Constitution.
Stay
tuned for further updates as the situation develops. Also, next
week, I plan to return to Kentucky and take part in the annual
Fancy Farm Picnic. Hope to see you there!
Media
Wrap-Up
This
week I appeared on several news stations to discuss the most
pressing issues of the day. These included: Your
World with Neil Cavuto, Fox's
Greta Van Sustern, CNN's
John King, Freedom
Watch with Judge Napolitano, Fox's
Sean Hannity, and America
Live with Megyn Kelly.
Stay
tuned for future updates. You can follow my official Twitter
account HERE
and subscribe to my YouTube channel HERE.
Also, don't forget to become a fan of my official
Facebook page for other timely updates.
Warm
Regards,
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