Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor)

Senator Pryor pictured below:

Why do I keep writing and email Senator Pryor suggestions on how to cut our budget? I gave him hundreds of ideas about how to cut spending and as far as I can tell he has taken none of my suggestions. You can find some of my suggestions here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here,  here, and  here, and they all were emailed to him. In fact, I have written 13 posts pointing out reasons why I believe Senator Pryor’s re-election attempt will be unsuccessful. HERE I GO AGAIN WITH ANOTHER EMAIL I JUST SENT TO SENATOR PRYOR!!!

Dear Senator Pryor,

Why not pass the Balanced  Budget amendment? As you know that federal deficit is at all time high (1.6 trillion deficit with revenues of 2.2 trillion and spending at 3.8 trillion).

On my blog www.thedailyhatch.org . I took you at your word and sent you over 100 emails with specific spending cut ideas. (Actually there were over 160 emails with specific spending cut suggestions.) However, I did not see any of them in the recent debt deal that Congress adopted although you did respond to me several times. Now I am trying another approach. Every week from now on I will send you an email explaining different reasons why we need the Balanced Budget Amendment. It will appear on my blog on “Thirsty Thursday” because the government is always thirsty for more money to spend. Today I actually have included a great article below from the Heritage Foundation concerning an area of our federal budget that needs to be cut down to size. The funny thing about the Sequester and the 2.4% of cuts in future increases is that President Obama set these up and then he acted like the sky was falling in as the cartoons indicate in the newspapers.

IF YOU TRULY WANT TO CUT THE BUDGET AND BALANCE THE BUDGET THEN SUBMIT THESE POTENTIAL BUDGET CUTS PRESENTED BELOW!!

___________

Better

Published on May 28, 2013

No description available.

____________

Agriculture: Downsizing The Federal Government

Uploaded on Dec 19, 2008

Agriculture is easily the most distorted sector, with high tariffs and, in developed countries at least, large amounts of government subsidies through price supports and direct payments. On the other hand, developing countries, who have a comparative advantage in these products, cannot afford to subsidize their agriculture sector and face prohibitive tariffs for their products abroad. The powerful agriculture lobby groups, particularly in the large developed countries, make reform politically difficult. Chris Edwards, Sallie James and Dan Ikenson discuss the inequities of American farm policies.

____________________

We got to stop spending money on the dumb farm programs.

May 8, 2013 at 11:00 am

Federico Gambarini/dpa/picture-alliance/Newscom

Newscom

Every five years or so, Congress reauthorizes recurring legislation known as the “Farm Bill.” The Senate and House Agriculture Committees are expected to mark up new farm bill legislation this week and next week, respectively. As Congress develops a new farm bill, here are a few things it should keep in mind:

1) Central planning is just as bad with agriculture as it is with any other industry. Some in Washington may think, for example, that they can take on the impossible tasks of determining the perfect price for soybeans or the proper supply of sugar. Only the free market, and not centrally planned economic systems, can allocate resources in the most productive manner. Agriculture is an extremely complicated sector, and those who advocate for limited government and free-market principles in all other aspects of the economy shouldn’t create a special exception for agriculture.

2) Respect farmers and the agriculture sector. Farming is a sophisticated business and there are endless innovations within the field. Farmers are just as capable of handling the challenges and risks associated with their work as any other business leaders, as evidenced by record high net farm income. They don’t need subsidies upon subsidies, and they especially don’t need taxpayer dollars to try and eliminate virtually all of their risk. Just like with other business leaders, they can minimize their risk through private means and sound risk management. The myriad different farm policies can also hurt farmers, such as through quotas that limit the amount of a crop that can be placed in commerce and conservation restrictions that tie the hands of farmers when it comes to how they can utilize their own property.

3) Stop paying farmers to not grow crops. Under the direct payment program, farmers are paid regardless of whether they grow crops. According to a 2012 Government Accountability Office report, from 2003 to 2011, $10.6 billion (about 25 percent of all direct payments) went to farmers who did not grow any of the crops for which they were being allocated money in a given year.

4) Don’t forget about taxpayers and family farms. If the existing farm bill programs continue as is, it would likely cost about $1 trillion from 2014 to 2023. That’s not the federal government’s money, that’s taxpayer money. At a minimum, Congress should represent the interests of taxpayers by, among other things, placing a cap on all premium subsidies that farmers can receive through the crop insurance program, setting caps on total subsidies received, and setting strict income eligibility limits for receipt of any subsidies.

There’s a misconception that the purpose of the farm programs is to assist small family farms. While family farms receive significant subsidies, the large farms are the primary beneficiaries of subsidies. As stated in a recent Heritage report, “Nearly 80 percent of farms with gross cash farm income of $250,000–$999,999 receive government payments, compared to 24 percent of farms with gross cash farm income of $10,000–$249,999.” Ironically, as large farms receive massive subsidies, they are better able to compete against smaller farms and keep out any new competition.

5) No shell games: There needs to be a significant net reduction in subsidy costs. Last year, the Senate passed a farm bill that would have repealed costly programs, including direct payments. The House Agriculture Committee did the same thing. The problem is that the Senate and the House Agriculture Committee would have just replaced the direct payment program with programs that would have been as costly, or even costlier, than the direct payment program. Eliminating one program only to replace it with another is just a shell game that can’t hide the fact that taxpayers will continue to bear the large financial burden of massive farm subsidies.

6) Subsidies hurt consumers. The cost of subsidies is not just limited to the burden on taxpayers. Consumers are also harmed because of higher prices that result from artificial attempts to drive up prices, such as through quotas and tariffs. The sugar program, for example, which is essentially one big anti-consumer market distortion, has led to American sugar prices being two to four times greater than world sugar prices.

The farm bill is one of the most important pieces of legislation that Congress will consider this year. As it does so, these six principles would serve as a useful framework for providing direction in developing sound agriculture policy.

_______________

The Balanced Budget Amendment is the only thing I can think of that would force Washington to cut spending. We have only a handful of balanced budgets in the last 60 years, so obviously what we are doing is not working. We are passing along this debt to the next generation. YOUR APPROACH HAS BEEN TO REJECT THE BALANCED BUDGET “BECAUSE WE SHOULD CUT THE BUDGET OURSELF,” WELL THEN HERE IS YOUR CHANCE!!!! SUBMIT THESE CUTS!!!!

Thank you for this opportunity to share my ideas with you.

Sincerely,

Everette Hatcher, lowcostsqueegees@yahoo.com www.thedailyhatch.org, 13900 Cottontail Lane, Alexander, AR 72002, ph 501-920-5733

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By Everette Hatcher III | Posted in Arkansas Times, Mark Pryor, Max Brantley | Edit | Comments (0)

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