WELCOME TO TOM'S BLOG

Thank you for stopping by for a visit. You are invited to read and comment on anything posted on this blog. I advocate the maximum amount of Personal and Economic Liberty, consistent with the defense of individual rights. I am fiscally conservative yet socially tolerant, I favor lower taxes, free trade, individual rights, strong national defense and limited government. I subscribe to the Freedom Fighters Creed: I am an American Patriot, defender of the Constitution, First Principles and Essential Liberty.

I believe that buried deep down inside every Conservative you'll find a Libertarian - And Inside Every Liberal Is A Totalitarian Screaming To Get Out.

"One of the penalties of refusing to participate in politics is that you end up being governed by your inferiors" - Plato

FYI any crude or vulgar comments will be removed from the blog.

Sunday, August 7, 2011

A Dangerous Debt Ceiling Deal

The deep cuts in defense spending envisioned in the just-announced debt ceiling deal[1] raise a fundamental question for Americans: Will we let a deal stand that promises to end American security as we know it? Or will Americans demand that the deal, born of crisis-driven politics in Washington, be abandoned as they come to understand what is at stake?

The deal promises to raise the debt ceiling by the highest amount ever—more than $2 trillion—while reducing spending by close to $1 trillion over the next decade.[2] It envisions 6 percent and 7.5 percent cuts in defense spending from the President’s budget request in February for fiscal years 2012 and 2013, respectively. It sets a non-binding goal of $1.5 trillion worth of deficit reduction to be recommended by the congressional Joint Select Committee on Deficit Reduction, which the legislation creates.

If Congress does not enact a sufficient deficit-reduction plan by this December, the deal calls for an automatic sequestration that would authorize making half of the cuts only in security spending,[3] with the bulk coming out of the Department of Defense. Thus a single federal agency—one that is actually doing a good job and serving a constitutionally mandated role—will have to bear nearly the same amount of cuts as all the remaining domestic agencies combined, including Health and Human Services, Housing and Urban Development, Education, Interior, Energy, Justice, and Labor. CONTINUE READING

1 comment:

AngelaTC said...

Unreal. Obama will slash defense spending, but "trains are off the table."