Showing posts with label tax cuts. Show all posts
Showing posts with label tax cuts. Show all posts

Saturday, April 14, 2018

Sensenbrenner, Grothman Support Bill to Protect US From Sensenbrenner, Grothman


House action last week showed us another example of the incredible hypocrisy of this GOP-led Congress. Glenn Grothman (6th CD-WI) and Jim Sensenbrenner
(5th CD-WI) voted for a Balanced Budget Amendment to the Constitution.

In a pompous Thursday floor speech, Sensenbrenner declared that "This proposed constitutional amendment will give us the discipline that we have not had as we’ve sat and watched the deficit go up and up and up and away". He admitted, "Congress can’t discipline itself."

Sensenbrenner has been a Congressman since 1979. Based on his long-term record, It is clear that old Jim is one of those without discipline. He voted for the Reagan tax cuts. He voted for the Bush II tax cuts. He and Grothman voted for the Trump tax cuts. They are as responsible for mortgaging America's future as anyone in the House. Showboating with their goofy Balanced Budget Amendment does not disguise that fact.

We don't need a Balanced Budget Amendment to do the right thing. Fiscal responsibility is not rocket science. In order to balance a budget, we must take-in at least as much as we spend. During prosperous times, we should put-away a surplus as a buffer for less prosperous times.

The traditional Republican modus operandi, as followed by Sensenbrenner and Grothman, flies in the face of common sense. They borrow heavily to cut taxes during good times. They borrow heavily to cut taxes during bad times. They purchase every conceivable weapons system. This long-term fiscal irresponsibility gave us the large Reagan deficits. They took us from the Clinton budget surpluses to the huge Bush II deficits. They are now taking us from the economic restraint of the Obama years into a new economic dumpster fire.

The GOP tax scheme that was jammed through Congress in December will have a devastating effect on our national solvency. The CBO projects a return to trillion-dollar annual deficits. They project a mind-boggling $27 trillion national debt by 2027.

At the end of the GOP's reckless tax-cut-and-spend binge, average Americans will not be better-off. By the time that the full effect of the tax scheme has kicked-in in 2028, fully 80% of the benefit will go to foreigners. By 2027, an estimated 83% of the tax cut will go to the top 1% of earners. You and other average Americans will be forced to clean-up the Republican's economic mess.

After voting for this monstrosity of a tax bill, Grothman and Sensenbrenner have the gall to claim fiscal responsibility. They have the brass to strut around, pretending to be deficit hawks. They were both front and center in promoting the for-show Balanced Budget Amendment. In reality, they are deficit peacocks. While talking a good game, they vote for schemes that will make US deficits far worse.


If a Balanced Budget Amendment were to come to pass, the main effect would be to protect us from the fiscal malfeasance of Congress members like Sensenbrenner and Grothman. 

 
As expected, the proposed Constitutional Amendment went down in defeat on Thursday. Amendments require a 2/3 vote to pass the Congress. This proposal received only a 233-184 vote, with most "ayes" coming from Republicans.

We need more than cynical posturing from our Representatives. If Sensenbrenner and Grothman were were serious about the ballooning national debt, they would reduce the grossly bloated military budget. They would not have axed governmental revenue through their ruinous tax scheme. Their votes last week for a silly Balanced Budget Amendment were a ruse to distract us from their gross fiscal irresponsibility. We are not so stupid as to be fooled by their antics.



Friday, December 15, 2017

Political Winners and Losers of 2017


Each December, the staff at Radio Free W.O.W. selects the biggest Political Winners and Losers of the past year. 2017 has been an incredibly busy year in the political arena. We had little difficulty in identifying Losers in this Walker/Ryan/Trump era. Winners were a little harder to come by. Here are our nominees:

Losers- The 8,900,000 American children who count on the Children's Health Program (CHIP) to access medical care and the 700,000 Dreamers who face deportation to countries they don't know. All are still waiting on Congress to do something about their situation.

Winners-The children of Wisconsin after Tony Evers won the State Superintendent race with 70% of the vote. The only areas carried by his wack-a-doo opponent, Lowell Holtz, were (sadly) my own Washington County and adjacent Waukesha County.

Loser- Former Milwaukee County Sheriff David Clarke. Clarke was a regular fixture at far-right events. Known for a chest full of cereal-box medals, cowboy hat, and deaths at his jail. Clarke gave definition to the term "snowflake" when he had his deputies detain a man who looked at him meanly.

Winners- Lovers of the English language. 2017 politics popularized a number of formerly obscure and interesting terms like emoluments, dotard, collusion, narcissist, the Dunning-Kruger effect, and cofeffe.

Losers-The 58 people killed in October's Las Vegas shooting. The 26 people killed at a church in rural Texas in November. The other 14,683 Americans killed by gun violence in 2017. The 29,893 Americans injured in 2017 by gun violence. Still, Congress only offers thoughts and prayers instead of real solutions.

Winners- Foxconn executives for getting an unsophisticated rube of a governor to give them a cool $3 billion to locate a plant in southeast Wisconsin. This is the largest public subsidy to a foreign company in US history.

Loser- American leadership in world. We alienated our closest allies (Canada, Mexico, UK, France, Germany, Australia) while sucking-up to dictators (Russia, China, Turkey, Philippines). We ceded moral leadership by dropping-out of the Paris Accord. We alienated Arab friends with the move of our embassy to Jerusalem.

Winners- All of the comedians who have given us a bit of comic relief in these trying political times. Special kudos to Stephen Colbert, Jimmy Kimmel, Samantha Bee, Alec Baldwin, Anthony "the Mooch" Scaramucci, Melissa McCarthy, Omorosa Manigault, and Randy Rainbow.

Losers- The tiki-torch-carrying, polo-shirt-wearing Nazi wannabes who marched in Virginia in August. Of course, Trump thinks that some of them are good people.

Winners- Billionaires. The ultra-rich usually win, but their wholesale purchase of Congress is paying-off big-time. They are getting a huge tax break, despite what it will do to the middle class and to the national debt.

Losers- All of the politicians who betrayed the public trust by acting in sexually inappropriate ways. US Senator Al Franken, Senate candidate Roy Moore, Rep. John Conyers, Rep. Blake Farenthold, Rep. Trent Franks, and Rep. Joe Barton are the latest examples to come to light. One of the worst violators still occupies the Oval Office.

Winner-Robert Mueller, for assembling a top-notch team of investigators. They are carrying-out a thorough and impeccably honest investigation of interference in US elections by a hostile foreign government. Four solid indictments down and many more to follow.

Losers-The hardworking taxpayers of Wisconsin who were forced to pay $245 million for school vouchers and another $12 million for tuition tax credits to send other people's children to private, mostly religious, schools.

Winners- Democrats in deep red regions. Whether in W.O.W. counties, Indiana, or Texas, dedicated Democrats everywhere are making a difference. We always have an impact on purple-state statewide races. Sometimes, we can even pull-off an upset, as in the Virginia and Oklahoma legislature elections or the Alabama US Senate race!

Loser- Donald Trump, who showed that he has very weak political influence. His heavily-endorsed gubernatorial candidate in Virginia lost. His heavily-endorsed primary candidate for Alabama Senate lost. His heavily-endorsed general election candidate for Alabama Senate lost. Is there a pattern here?

Winners- The Washington Post, The New York Times, Politico, and the few other media outlets that still conduct investigative reporting. You are needed now, more than ever.

Losers- The 3.5 million people of Puerto Rico and the US Virgin Islands who suffered from September's Hurricane Maria. FEMA's weak response was a national disgrace. The islands did, however, get badly needed paper towels. We also were amazed to discover that they are islands in the middle of the ocean.

Winners- People of the resistance. Millions of American patriots who were awakened by the most granny-starving, hate-filled, rights-restricting agenda the country has ever seen. They raised their voices through the Woman's March, the March for Science, airport rallies, taking a knee during the National Anthem, calling Congressional offices, knocking doors for candidates, and participating in town halls. America is now woke.

Thursday, December 7, 2017

Who Will Defend Social Security and Medicare?




The GOP scheme to give giant tax cuts to billionaires and corporations is well on its way to becoming law. The plan will blow an unprecedented $1.4 trillion hole in the National Debt. In order to make-up for the Republican largess to their rich donors, huge automatic cuts in spending will likely kick-in. An estimated $25 billion per year will be taken from Medicare alone.

But that is not enough punishment for those retired or near retirement. After finishing their job of enacting the largest ever transfer of wealth from the middle class to the rich, Republicans will just be hitting their stride. Next on their agenda? A total and complete gutting of both Social Security and Medicare.

Much buzz has been made over Paul Ryan's interview yesterday on Denver right-wing radio. Most of the conversation centered on Ryan's next plans for his GOP majority. Ryan boasted, “We're going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit. ... Frankly, it's the health care entitlements that are the big drivers of our debt, so we spend more time on the healthcare entitlements — because that's really where the problem lies, fiscally speaking.”

The interviewer asked if Ryan was making an impact on Trump when talking to him about the importance of Medicare "reform". Ryan responded, "This is my big thing for many, many years. I think its the biggest "entitlement" that's got to have reform."

It is no big surprise that, with Republicans now in power, Ryan plans to gut the Social Security and Medicare benefits you have earned. After all, this has been a central feature of Ryan's "Path to Prosperity" manifestos for years. In these documents, Ryan has advocated the privatization of Social Security and replacing Medicare with discount coupons for private insurance. 


Ryan claims that even as a college student, he was dreaming about gutting the safety net. While everyone around him was thinking about dating and classes and parties, young Paul was pondering the block-granting of Medicaid. He was wondering how he could deny healthcare to millions of Americans.

But Ryan cannot destroy Social Security and Medicare all by himself. He needs the complicity of the entire Republican Party. How does the rest of the Wisconsin Congressional delegation feel about taking a wrecking-ball to your retirement security? Do they share in Ryan's youthful fantasy?

Certainly, Jim Sensenbrenner is on-board. In a 2016 statement, he said, "Every day that goes by, the situation grows worse and will require more drastic changes to the Social Security and Medicare programs. The time to act is now. The health and security of all Americans depend on it.”
 

Sensenbrenner's record on the two crucial programs for retirees leaves something to be desired. He has earned an abysmal 5% Lifetime Rating from the Alliance for Retired Americans (AFRA). Jim got a "thumbs down" rating on 10 of 11 key Medicare votes, as reported by MedicareVotes.org. He is certainly not an advocate for his district's older constituents.

Glenn Grothman is no better on strengthening these programs for retired Americans. He has a 0% lifetime rating from the AFRA and "thumbs down" on all three of his three key Medicare votes.

Senator Ron Johnson just admitted that he is OK with adding 2 to 3 trillion dollars to the National Debt to fund GOP tax cuts for the wealthy. Yet, he claims that we cannot afford the programs that keep so many of our elderly out of poverty. He famously compared Social Security to a giant Ponzi scheme. He voted for Paul Ryan's plot to turn Medicare into a discount coupon plan. Johnson has certainly earned his failing 2% lifetime rating from the AFRA.


In stark contrast, Senator Tammy Baldwin and Representatives Gwen Moore, Mark Pocan, and Ron Kind have earned 100%, 100%, 100%, and 89% Lifetime ratings, respectively from the AFRA. The four Democrats in Wisconsin's Congressional delegation are 7/7, 9/10, 4/5, and 10/11 for "thumbs up" on key Medicare votes since 2003. Wisconsin Democrats stand with our state's seniors.

There is no more clear cut difference between the two major parties than on Social Security and Medicare policy. Wisconsin Congressional Democrats consistently vote to preserve the programs, while state Republicans vote to demolish them. We know which party is looking-out for the interests of retired Wisconsinites and those who plan to retire someday. We know which party's candidates deserve to be sent to Washington in 2018.





Thursday, November 2, 2017

Do Something !



IQ45 has become increasingly deranged as the FBI investigation of his collusion with Russia closes in. In a desperate attempt at distraction, he resurrected a discredited conspiracy theory accusing Hillary Clinton of handing-over US uranium to the Russians.

On Sunday, he tweeted: 



It is unclear who Trump is desperately begging to "DO SOMETHING !" It is equally unclear what he expects them to do. However, I have a suggestion for somebody in Washington who really should do something.

Congress has much that they should deal with before the end of the year. They must do something to allow the Dreamers to remain in America, after Trump ended DACA. They must do something to authorize payment of Affordable Care Act cost-sharing subsidies, after Trump ended those payments. They must do something to reauthorize the expired Children's Health Insurance Program (CHIP). They must do something to increase the debt limit in December, so that the Government can actually stay open.

But instead of doing something on these four critical tasks, what has the House of Representatives done since the first of October? They voted to criminalize abortion after twenty weeks (Sensenbrenner, Grothman voted for). They named three Post Offices. They jammed through a sham budget in a procedural scheme targeting huge tax cuts for corporations and the wealthy. They passed a bill allowing clear cutting of National Forests with no environmental review or public comment (Grothman for, Sensenbrenner against).

Most importantly, the House passed the South Carolina Peanut Parity Act of 2017. This all-important bill will allow South Carolina to appoint members to the Peanut Standards Board.

With only twelve in-session days remaining in November and nine in December, we should worry about the ability of the House to act on the critical matters waiting for them. However, all we seem to hear from House leaders is the importance of gigantic tax cuts.

The American people are not clamoring for tax cuts. We have been here before. We realize that the unwise move will balloon the deficit in order to give huge tax breaks to profitable corporations and the ultra-rich. These cuts, that Republican politicians are hell-bent on jamming-through by the end of the year, are a callous pay-off to wealthy political contributors.

Failure of Congress to implement a new Dream Act will affect over 700,000 young people. Since Trump killed the DACA program two months ago, the lives of these kids have been a Kafkaesque nightmare. Paul Ryan has not promised any plan of action on the issue.
 

It has been 33 days since Congress allowed the Children's Health Insurance Plan to expire. The program provides healthcare to 8.9 million children through state-run Medicare and CHIP plans. The House GOP is attempting to attach poison pills to this must-pass bill. States are scraping to keep their programs going, but can't continue emergency funding efforts forever.

It has been 21 days since Trump announced that he was ending cost-sharing subsidies, a provision of the Affordable Care Act. This cost-sharing program helped low-income families afford health insurance. Last year, nearly six million people received assistance. Trump timed his announcement for maximal disruption of the insurance markets. His decision means that millions will be unable to afford insurance, the government will pay billions more, and fewer insurance companies will participate in the exchanges. Neither Paul Ryan nor Mitch McConnell appear to be interested in a bipartisan solution negotiated in the Senate.

The 700,000 Dreamers, and the 6,000,000 poor getting cost-sharing insurance subsidies, and the 8,900,000 children on CHIP do not seem to be a priority with this Congress. Their piece-of-mind does not concern Paul Ryan or Mitch McConnell or Donald Trump. Calls for Congress to "Do Something!" on these issues fall on deaf ears. The problems of millions of Americans will be addressed, maybe sometime, at a future date, in the not-too-distant future.

No, the number one priority of the Republican Congress is tax cuts for the wealthy and big corporations. Everybody else will just have to wait their turn. After all, there are only twenty-one Congressional work days left in 2017.