DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY.
Uploaded by debtlimitusa on Nov 4, 2011
A satirical short film taking a look at the national debt and how it applies to just one family. Watch the guy from the Ferris Bueller Superbowl Spot! Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound Mixer Gus Salazar, Written and Directed by Brian Stepanek. Help us spread the word by clicking ads or at www.debtlimitusa.org
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I read some wise words by Rep. Justin Amash (R-MI) and I wanted to pass them on. He sees how dangerous it is to keep kicking the can down the street: “The Budget Control Act trades $21 billion in cuts next year for a debt ceiling increase of $2.1 trillion. That’s one penny in cuts for each dollar of new debt. The bill does not seriously address the drivers of the federal government’s fiscal crisis. It does not improve entitlement programs. It does not include a balanced budget amendment to the Constitution.”
Michael Tanner of the Cato Institute in his article, “Hitting the Ceiling,” National Review Online, March 7, 2012 noted:
After all, despite all the sturm und drang about spending cuts as part of last year’s debt-ceiling deal, federal spending not only increased from 2011 to 2012, it rose faster than inflation and population growth combined.
We need some national statesmen (and ladies) who are willing to stop running up the nation’s credit card.
Ted DeHaven noted his his article, “Freshman Republicans switch from Tea to Kool-Aid,” Cato Institute Blog, May 17, 2012:
This week the Club for Growth released a study of votes cast in 2011 by the 87 Republicans elected to the House in November 2010. The Club found that “In many cases, the rhetoric of the so-called “Tea Party” freshmen simply didn’t match their records.” Particularly disconcerting is the fact that so many GOP newcomers cast votes against spending cuts.
The study comes on the heels of three telling votes taken last week in the House that should have been slam-dunks for members who possess the slightest regard for limited government and free markets. Alas, only 26 of the 87 members of the “Tea Party class” voted to defund both the Economic Development Administration and the president’s new Advanced Manufacturing Technology Consortia program (see my previous discussion of these votes here) and against reauthorizing the Export-Import Bank (see my colleague Sallie James’s excoriation of that vote here).
One of those Tea Party heroes was Justin Amash of Michigan. Last year I posted this below concerning his conservative views and his willingness to vote against the debt ceiling increase:
Amash Issues Statement After Debt Ceiling Vote
Amash Issues Statement After Debt Ceiling Vote
Representative Votes Against Budget Control Act
Washington, D.C. – Rep. Justin Amash (R-MI) issued the following statement after the vote on the Budget Control Act of 2011:
“The Budget Control Act trades $21 billion in cuts next year for a debt ceiling increase of $2.1 trillion. That’s one penny in cuts for each dollar of new debt. The bill does not seriously address the drivers of the federal government’s fiscal crisis. It does not improve entitlement programs. It does not include a balanced budget amendment to the Constitution. I cannot in good conscience vote for so little reform when so much is at stake.
“I had hoped that Democrats and Republicans would work together to develop a reasonable compromise that is fiscally responsible. I would favor a package that combines eliminating special tax breaks and subsidies with a well-structured balanced budget amendment. I believe that type of package would have broad-based support from the American people. Instead, Congress continues to kick the can down the road.
“We can do better. I look forward to working with my colleagues on both sides of the aisle over the next several months to adopt structural reforms that will put the government back on a sustainable path.”
The Daily Hatch 