Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.
Hitting the Debt-Ceiling has been in the news for months now. Though in theory we surpass our borrowing limits on Aug. 2nd, we don't have to default on our loans as the President threatens because the Treasury can choose which bills to pay--the essential--and which to not pay--the non-essential.
Our government had prepared to shut down those non-essential services, such as the National Parks, back on April 8th. (I was well aware of that possibility, because we had plans to leave on a 15 National Parks and Monuments vacation in the southwest on the very next day--April 9th!) The shutdown never happened however, because Congress passed a stop-gap measure near midnight on April 8th.
Then there was discussion that the debt limit would be reached in mid May. They got through that crisis by tapping into the Federal worker pension fund and using the $200-some billion that flows into the Treasury every month. But now we are hitting our borrowing limit, the debt-ceiling, again.
We have enough revenue; we just spend too much. Yet the President's solution to his debt crisis is to raise the debt-ceiling limit and increase taxes on the rich. (Maybe he is channeling his inner Herbert Hoover?) The words cut spending don't ever seem to be in Obama's vocabulary.
Our economic recovery is in the doldrums. It has even been called a growth-less recovery by Obama's former Chair of the White House Council of Economic Advisers, and the President sees raising taxes as our only solution?
Raising taxes on anyone right now is NOT the solution to our debt problem. Instead, we need to Cut , Cap & Balance our spending and live within our means by cutting spending and debt and passing a Balanced Budget Amendment to the U.S. Constitution that would include a "spending limitation and super-majority for raising taxes, in addition to balancing revenues and expenses".
Take a moment to sign the Cut, Cap & Balance pledge and then contact your Senators and House Representative and urge them to pass the Cut, Cap & Balance Act of 2011 introduced on Thursday by Senators Toomey, Paul (Rand), Lee, Blunt, Vitter, Sessions, DeMint and our own Ron Johnson. The CC&B Act currently has 21 co-sponsors.
Let your representatives in Washington D.C. know your views on the debt-ceiling problem.
Find your U.S. Senators by last name
Wisconsin's U.S. Senator Ron Johnson (202) 224-5323
Wisconsin's U.S. Senator Herb Kohl (202) 224-5653
Find your U.S. House of Representatives member by state
House Representative James Sensenbrenner Washington D.C. (202) 225-5101, Brookfield (262) 784-1111
President Obama would like to settle our debt problem now, before the summer recess in August, and with enough spending cushion so the borrowing ceiling/spending issue doesn't come up again until after the 2012 elections. This spending crisis is too important to just push on down the road until after November 2012. Make the calls!
Post Script: I tried calling House Speaker John Boehner's office Friday to implore him to stand firm on NO NEW TAXES or fees or tax code loopholes or whatever he would call a revenue increase but couldn't get through on his Representative phone line and mailbox was full (202) 225-6205. I then tried his House Speaker phone line (513) 779-5400 and it was the same story. I'll take that as a good sign that people are hammering him with 'No more spending and no more taxes of any kind'. I will keep trying.
Cut , Cap & Balance Pledge
More reading: As debt talks ramp up, spending cuts not enough for some Republican senators
Schumer confirms White House considering ignoring debt limit
WSJ Obama's Debt-Ceiling Opportunity
WSJ Inside the Disappointing Comeback
Obama to raid Federal pension pot as United States reaches $14 trillion borrowing limit today
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