Posted by
Stefano on Saturday, April 04, 2009 1:18:58 AM
We have a congressman who apparently believes the convoluted "Fantasy Land" talking points of the Democrat leaders in the U.S. House of Representatives. He claims in this letter that the Obama budget blueprint will cut the deficit by two thirds in 4 years. What it will actually do is increase the national debt to a total three times what it is today within 10 years. The interest on the national debt will be nearly 1 trillion dollars by then. The government is on track to spend 12.8 trillion dollars (and rising) for bailouts, rescue plans, toxic debt purchases, stimulus packages, and 8,500 pork barrel projects. In these difficult times the voters in the Missouri Third District deserve a representative who will speak the truth and vote with common sense, not someone who will simply barf up truth-bending talking points from Democrat leaders like Nancy Pelosi. When the next election comes up, let's change Mr. Carnahan's address.
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BROAD ECONOMIC PLAN FOR GROWTH
Dear
Yesterday, I voted in favor of a budget that serves as a long-term economic plan that will get our economy working again and put us on a path toward renewed prosperity.
President Obama inherited an economic and fiscal mess. It will take time and a lot of tough decisions to turn our economy around. The budget the House of Representatives passed yesterday makes those tough decisions and invests in the areas that will spur growth and lead to prosperity for decades to come.
The best way to cut the deficit in the long term is to make investments in areas that will grow our economy and create jobs. The long-term economic plan we passed yesterday does just that.
The House-passed long-term economic plan will cut the deficit nearly two-thirds by 2013. It cuts taxes for middle class families by $1.5 trillion. It will create jobs and grow our economy with targeted investments and reforms in health care, clean energy and education while reducing non-defense discretionary spending to its lowest level in nearly half a century.
This common-sense economic plan ushers in a new era of honesty in budgeting by fully accounting for known expenses like the wars in Iraq and Afghanistan that previous administrations left out in order to make the deficit look smaller. To bring change and restore integrity to Washington , this budget puts an unprecedented effort on rooting out waste, fraud and abuse in government spending.
This country cannot afford more of the failed policies of the last eight years. Government failed to invest in our economy and protect taxpayers and we will not repeat those mistakes. With this long-term economic plan we are making the tough choices to turn our economy around, create jobs, reform health care, move toward energy independence, and invest in education.
When President Obama came into office he inherited a record deficit. The national debt is double what it was eight years ago, wages are flat and unemployment is skyrocketing. The House-passed economic plan takes the necessary steps to dig our economy out of this hole, cut the deficit, and stimulate broad growth for the good of all Americans.
Sincerely,
Congressman Russ Carnahan |
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for a breakdown of the money being borrowed on your behalf go to Bloomberg here: