Time for leadership, not finger pointing
This week, President Obama conducted a press conference to discuss the debate over raising the statutory debt limit. His remarks were long on rhetoric and short on substance.
In it, the President discussed a number of bills he thinks Congress should pass to create jobs. After two "stimulus" bills and all the bailouts, it should be clear that government does not create jobs. The government can, and should, help create jobs by providing a pro-growth economic environment. If the President would like to join House Republicans in this pursuit, he can and should call his former colleague and Senate Majority Leader Harry Reid to ask about the growing number of jobs bills waiting for Senate action.
To date, only one serious budget has been proposed and passed on either side of the Capitol-- the Ryan Budget which the House passed in April. While even the government of Libya has managed to enact a budget, it has been 793 since the Senate passed one. The President's budget was so out-of-touch it was unanimously rejected in the Democrat-controlled Senate.
While the President can take to the podium and point fingers he ought to show leadership and offer a real plan for addressing our fiscal situation. His call for tax increases ignores that while revenues are expected to average 19.7% of GDP over the next decade while spending is expected to average 23.4% - far above the post-WWII average.
It is clear that we have a spending problem, not a revenue problem. That is why Congress should quickly take up my plan to limit spending as a percentage of the economy. My proposal would begin making cuts today to balance the budget and begin paying down our national debt. It should be enacted before any increase in the statutory debt limit to provide a path for a stronger, better America for our children.
What did you think of the President's remarks? Take the time to share your thoughts and continue the conversation by commenting on my blog.
Thoughts on Independence Day
Monday marks the 225th anniversary of the signing of the Declaration of Independence, the day America was born. While the challenges we face have evolved, I am confident that the same spirit that won our independence will win again today.
This week, I had the pleasure of helping the 3rd Infantry Division stationed at Fort Stewart kick off their celebration of Independence Day and to attend a change of command ceremony at Naval Submarine Base Kings Bay. I was honored to have the opportunity to personally thank some of our soldiers, sailors, and coast guardsmen for all they do for their country. I would like to extend a heartfelt thanks to all our men and women in uniform and all those who serve or have served our country. It is because of them that we have the freedoms we do today.
If you would like to share your thoughts on Independence Day, visit my blog.
Have you shared your thoughts on Libya?
Last week I asked you to share your thoughts with me about Libya by taking my online poll. So far, the vast majority of you -- 88 percent -- oppose the President's actions in Libya. Eighty-nine percent of you believe he has violated the War Powers Act and 76 percent believe toppling Gadaffi and other dictators is not in the national security interest of the United States.
This week a Senate Committee voted to authorize the use of force in Libya and Majority Leader Reid announced the Senate will vote on the resolution next week.