I love getting press releases from Sen. Robert Bennett because they have a certain entertainment value all beyond the usual government communications.
Today I got one saying that President Obama’s budget message is confusing because it spends too much, borrows too much and, horror of horrors, raises money through taxes.
The reason this is funny is that Sen. Bennett was never an outspoken critic, that I recall, of the Bush administration’s many, many budgts that spent trillions of dollars while cutting taxes.
The entire Iraq war was not only done with borrowed money, it was done “off budget” on an allegedly “emergency” spending basis, although after four or five years the emergency status of the thing should have worn a bit thin. World War II wasn’t financed that way and it was sure as heck an emergency, so why was this? During World War II they sold war bonds and asked people to conserve gasoline through ration stamps (which was actually to conserve rubber tires, not oil, but it all works out to the same thing).
for he Iraq War, Bush told all of us to go shopping and, as if to set the example, put the entire war on VISA.
If Sen. Bennett wants to be more useful, he should come up with constructive ways to finance things. All I keep hearing is tax cuts for everyone, but as we saw during the Bush years, lowering government revenue is not the way to balance the budget.
As for a national tax at the gas pump and on energy bills, while unpleasant, this does not strike me as a bad thing. We need to use less gasoline, for one thing, just as a basic national security measure. We need to not be so tied economically to the Saudi Arabians who, do not forget, hate our guts while the cash our checks.
If a higher tax will encourage more gasoline conservation, that’s a good thing.
We’re all about equal access here at the Rambler Blog. Here’s Sen. Bennett’s release, complete with links.
BENNETT: OBAMA BUDGET SENDS MIXED
MESSAGES TO AMERICANS
Says budget “spends too much, taxes too much and borrows too much”
WASHINGTON, D.C. – Senator Bob Bennett (R-Utah) today made the following statement regarding the non partisan Congressional Budget Office’s (CBO) report on President Obama’s $3.6 trillion proposed budget:
“The CBO report today on President Obama’s Budget confirms what my Senate Republican colleagues and I have been saying all along: this budget spends too much, taxes too much, and when the taxes do not cover what is being spent, it borrows too much. The president’s budget sends mixed messages to Americans. The administration says it wants to create jobs, but the budget indicates that they are going to tax the small business sector, which is the greatest engine of job creation. The administration says they want people to get involved in national service, but the budget reduces the deduction for charitable donations. The administration says they will not tax 95% of Americans, but the budget creates a new national energy tax at the gas pump and on utility bills. America needs a budget that will focus more on creating jobs and protecting taxpayers.”
The CBO report estimates that if the president’s budget was enacted, the national deficit would total $1.8 trillion or 13.1 percent of GDP in 2009.
Click here to read more about the CBO report on the president’s budget.