Posted on 02/01/2006 8:49:34 AM PST by Reagan Man
President George W. Bushs State of the Union address called for restraining federal spending, reforming runaway entitlements, and making permanent the tax cuts that are set to expire in the years ahead. President Bush proposed much less new spending than is typical in a State of the Union address and called for savings of $14 billion next year alone. However, the President declined to reveal his goal for total spending next year, and the tradeoff he envisions between new spending and any savings will not be known until his budget is released next week. As the President said, progress in slowing the growth of federal spending must continue. The real test for President Bush this legislative year will be whether he enforces spending restraint with a veto, if necessary.
The President emphasized that 77 million retiring baby boomers will push the cost of Social Security, Medicare, and Medicaid to an unsustainable level. Indeed, these programs are projected to double in size over the next 25 years, from 8 percent of GDP today to over 16 percent, according to the Congressional Budget Office. Unless these programs are reformed, the nation will face tax increases that bring the total level of taxation to European levels, the elimination of nearly all other federal programs, or a massive, unprecedented federal debt that would place the entire economy at risk. To address this looming crisis, the President proposed a bipartisan commission on entitlements that will focus on actual policy solutions rather than political gamesmanship. Commission recommendations for entitlement reform should quickly become legislation, because each year of delay makes reform more painful and more costly.
While competitiveness is an important issue, the Presidents call for large increases in research and development spending is not the answer. Since 2000, such spending has surged 58 percent to $132 billion with little to show for it. Instead, these spending programs have placed Washington in the impossible role of selecting marketplace winners and losers through its grants. The result thus far has been too many programs like the notorious Advanced Technology Program, which provides millions of dollars to Fortune 500 companies and has very little technological innovation to show for it. Lawmakers should focus on fixing the current failed research and development programs rather than layering more costly programs on top of them.
The Presidents calls for eliminating 140 outdated federal programs and paring back congressional pork projects will help restrain the growth of government. However, last year Congress terminated only 24 of the 99 programs that the President had hoped to end, despite strong evidence of these programs failures. Acknowledging the need to reform the role of earmarks in the budget process, President Bush should exert strong leadership to end the corrupting earmarking practice. The record 13,999 pork projects in 2005 forced hard-working taxpayers to fund things like the Please Touch Museum and Rock and Roll Hall of Fame. More than merely wasteful, pork invites corruption, encourages big government, distracts lawmakers from vigorous oversight, and compromises lawmaker independence. Eliminating outdated programs and wasteful pork projects will make Washington more efficient and accountable. If necessary, a veto would be instrumental in enforcing discipline.
Yesm, I knew MNJohnnie is a charter member of the quisling brigade ;)
I love how they sing their theme song while sticking their fingers in their ears.
Well I guess the answer is the Whine All The Time Choir is going to cling to the same old tired nonsense they have spewed a few thousand times before and continue to be completely politically irrelevent instead of actually trying to do something about the problem. Have fun spending the rest of your lives as political irrelevents. Note for you Boyos. Just posting the same old tired whines day in day out on Free Republic does NOTHING to solve the problem you CLAIM you care about.
An attempt to paw off responsibility for his lack of spine. He knew that Congress already attempted to pass such a thing last decade, and SCOTUS rightly declared it unconstitutional.
And yet you continue to do so. Bizarre, if you ask me.
Random capitalization really reinforces lame arguments.
And by that I mean it makes them even more lame, not more effective.
Inquest! Still here pushing the Moveon.org "inflitrate the Conservative website and spew disinformation" agenda I see.
Which bills were those exactly? You do know what a veto is, right? You do know that a veto sends a bill back to both houses of Congress where it has to be overridden by a two-thirds majority.
Sure, you knew all that.
ROFLOL! At least it's lunch, and i'm pretty sure no one heard me laugh-snort on that one.
Oh man, coffee out the nose on that one.
Don't worry, there's only one quisling on this thread who thinks anyone here is letting Congress off the hook. Of course, as soon as someone tries to criticize the Republicans in Congress, he'd no doubt throw an infantile tantrum over that as well.
He has it, but the balls to use it have gone missing. He has vetoed nothing, something only seven previous presidents have done (that includes Garfield and Harrison, who didn't really serve long enough to do anything). He even promised to sign the "assault weapons" ban renewal, although that didn't make it to his desk.
Yeah, funny how the Whine All the Time Choir scream for veto's of bills that all ready passed the Congress with more then enough votes to override the veto. Guess the Whiners all slept thru their High School Civics classes. Wonder when the Winers will actually develop the guts to call the CONGRESS to account for it's out of control spending?When the President has the guts to veto and Congress has the guts to override it...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.