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 herehereherehere, hereherehereherehere, herehereherehereherehereherehereherehere,  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!!

___________

We got to cut spending and this farm bill is the perfect place to start!!!

May 29, 2013 12:33PM

Farm Bill Would Increase Spending 47%

House and Senate farm subsidy supporters are pushing to enact the first big farm bill since 2008. Democratic and Republican supporters say that this year’s legislation will be a reform bill that cuts spending. Hogwash.

Last year, House farm subsidy supporters proposed a bill that would spend $950 billion over the next 10 years, while the Senate proposed a bill that would spend $963 billion. By contrast, when the 2008 farm bill passed, it was projected to spend $640 billion over 10 years. Thus, the proposed House bill would represent a 48 percent spending increase over the last farm bill, while the Senate bill would represent a 50 percent increase.

A new estimate of the House bill finds that it would spend $940 billion over 10 years, which would be a 47 percent increase over the 2008 farm bill. This new estimate is shown in the chart alongside the estimate of the 2008 farm bill.

The CBO score of the 2008 farm bill is here. Scores for the 2012 farm bill proposals are reported in this CRS report. And the new score of the House bill is here.

Since the 2008 farm bill, we’ve had five years of moderate inflation, which has eroded the value of dollars by about 8 percent. Thus, the 2013 House farm bill would increase real spending by 39 percent compared to the 2008 farm bill.

The Republican-controlled House Agriculture Committee says that its bill “saves taxpayer’s money,” “reduces deficit spending,” and “repeals outdated government programs.” That sounds good, and the GOP bill is officially scored to “save” $33 billion over 10 years. But that savings is against the CBO baseline of $973 billion in farm bill spending over 10 years, so the House bill can be said to “cut” spending by 3 percent.

Given today’s huge federal deficits, a 3 percent “cut” by Republicans is a joke in itself. But that’s only a cut against baseline, and since baseline spending has soared in recent years it’s no cut at all.

Consider, for example, that in 2008 CBO estimated that farm bill spending in 2014 would be $67 billion. But CBO is now estimating that farm bill spending in 2014 will be $99 billion. Thus, spending in this single year is $32 billion or 48 percent higher than the politicians promised it would be back in 2008. So you can see that the proposed GOP “cut” of $33 billion over 10 years is incredibly lame.

Despite the fact that politicians are claiming that the proposed new farm bill cuts spending, it’s just a mirage created by rising baselines. The truth is that the House farm bill would spend 47 percent more over 10 years than the last farm bill, or 39 percent more in inflation-adjusted dollars.

For background, see this new study by Sallie James and this essay on the history and failures of farm subsidies. Also note that three-quarters of “farm bill” spending is for food subsidies, which you can read about here. And if you’re in D.C., come and hear about the farm bill at our Capitol Hill event at noon Thursday.

 

_______________

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 TimesMark PryorMax Brantley | Edit | Comments (0)

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