My congressman explains why he voted for the Budget Control Act.
Dr. Dan writes, "I chose a different path based on what I thought would best promote jobs in Northern Michigan. My vote reflected a strong concern of what a possible government default could do to Northern Michigan’s already fragile job market."
He adds, "Although the bill does not contain the level of spending reductions I would have liked to see, it does make a significant down payment on America’s growing federal deficit. The bill reduces the deficit by $917 billion over the next decade and establishes a mechanism to reduce another $1.2 trillion in savings before the end of the year."
My response: How does going further into debt help anybody in northern Michigan create jobs? The people that we, the people, have to give this money to are the people we owe money to (e.g. the Chinese, the Fed). The proposed savings are barely drops in a huge federal bucket. Nothing is quote, unquote, cut. Increases are barely reduced. Default was not an option. (Dr. Dan if you believe that, you've been smoking medical marijuana.)
Bottom line: Obama got what he wanted; business as usual in Washington, D.C.
Charles Butler: "Multiple wars, illegal immigration costs, foreign aid and pork-barrel projects are just the beginning of looking for ways to curb excessive spending."