If the fears Obama predicts do come to pass, we will have only him to blame. Remember, the sequesters only cut planned increases in spending.
Obama’s false alarms | Fox News
In an effort to remove the hot-potato issue of excessive government spending from the 2012 presidential campaign, and calling the bluff of congressional Republicans who always seem to favor domestic spending cuts but increased military spending, President Obama suggested the concept of “sequester” in late 2011.
His idea was to reduce the rate of increased spending by 2 percent across the board -- on domestic and military spending. To his surprise, the Republicans went along with this. They did so either because they lacked the political fortitude and the political will to designate specifically the unconstitutional and pork barrel federal spending projects to be cut, or because they thought that with the debt of the federal government then approaching $15 trillion (it is now $16.6 trillion and growing), any reductions in spending money the government doesn’t have are preferred to no reductions. So, instead of enacting a budget, and instead of recognizing that much of its spending is simply not authorized by the Constitution, Congress enacted the so-called sequester legislation, and the president signed it into law.
His idea was to reduce the rate of increased spending by 2 percent across the board -- on domestic and military spending. To his surprise, the Republicans went along with this. They did so either because they lacked the political fortitude and the political will to designate specifically the unconstitutional and pork barrel federal spending projects to be cut, or because they thought that with the debt of the federal government then approaching $15 trillion (it is now $16.6 trillion and growing), any reductions in spending money the government doesn’t have are preferred to no reductions. So, instead of enacting a budget, and instead of recognizing that much of its spending is simply not authorized by the Constitution, Congress enacted the so-called sequester legislation, and the president signed it into law.
The good thing about these sequesters is that they will force the president to prioritize.
The reductions the sequesters require are reductions in the rate of increased spending from those originally planned by Obama and authorized by Congress. Since the federal government has not had a budget in four years, even though federal law requires it to have one every year, these are planned expenditures, not budgetary items, on which the president wants to spend more money. Congress does not feel bound to obey the laws it has written; hence it has disregarded the legal requirement of a budget. Without a budget, the president has great leeway as to how to allocate funds within each department of the executive branch of the federal government.
Read more: http://www.foxnews.com/opinion/2013/02/28/obamas-false-alarms/#ixzz2MnT2cFgW
No comments:
Post a Comment