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The Democrats’ fiscal trap (Trump Must Get His Veto Pen Ready)
Washington Times ^ | 01/22/2018 | Stephen Moore

Posted on 01/22/2018 7:33:15 AM PST by SeekAndFind

With all the talk about a possible government shutdown due to an impasse on immigration reform, no one seems to be paying attention to a story of even bigger long-term consequence. Congress is preparing a two-year budget that blows past bipartisan spending caps to the tune of $216 billion through 2019. These are the latest stunning tallies from an analysis by Congressional Quarterly. (See chart).

That may be a best-case scenario. The budget watchers at Freedom Works estimate that when hurricane disaster relief, funding for the border wall, added Obamacare money for the bankrupt insurance markets, and other last-minute spending “emergencies,” are thrown in the mix, the two-year spending blitz could exceed $300 billion.

President Trump had better get his veto pen handy.

All of this is happening because Republicans have fallen into the Democrats’ fiscal trap. In order to secure more money for national defense, Democrats are demanding an equal amount of extra funding for domestic social welfare programs. So to get an additional $108 billion for the Pentagon, the Republicans may agree to another $108 billion-plus in ransom money for domestic agencies. But when all the emergency funding is included, the ratio could be closer to $2 of additional domestic spending for every dollar of increased military funding. What a deal.

If this treasury raid deal gets cut, the budget caps from the 2011 budget act will be officially and irrevocably washed away. So will any pretense of fiscal discipline and debt control. “Almost no one here on either side of the aisle wants to control spending,” Sen. Rand Paul of Kentucky tells me. “It’s sad, but it’s the new reality.”

If he’s right, then any allegiance to spending control has been tossed aside at the very time the debt has been spiraling.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Kentucky
KEYWORDS: auditthehead; democrats; fiscal; freedomworks; kentucky; maga; obamacare; randpaul; schumershutdown; spending; veto

1 posted on 01/22/2018 7:33:15 AM PST by SeekAndFind
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To: SeekAndFind

Trump has shown no inclination to become Scrooge to the Dem’s Tiny Tim routine. The Pubbies cannot form a single coherent sentence explaining why governemt spending should be restrained. Not that they wish to.

Spending bills originate in the House. That’s the way it’s done according to the US Constitution and Trump actually tries to follow it. What a thought. As the pathetic passive agressive whiney Ryan said: “It’s sad...”.


2 posted on 01/22/2018 7:52:50 AM PST by FreedomNotSafety
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To: sauropod

.


3 posted on 01/22/2018 8:06:48 AM PST by sauropod (I am His and He is mine.)
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To: SeekAndFind
A veto pen would be less effective than a stop-investment order from overseas.

I like Steve Moore, but it's hard to make the case that the U.S. is fiscally irresponsible when foreign governments and domestic institutions are willing to buy U.S. Treasuries paying interest rates that are still near historic lows.

Get back to me when China and Japan start demanding a 10% return on a ten-year U.S. Treasury note.

4 posted on 01/22/2018 8:13:03 AM PST by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: SeekAndFind

Trump has a pen and a phone too.


5 posted on 01/22/2018 9:11:57 AM PST by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small fee.)
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To: SeekAndFind; All
Thank you for referencing that article SeekAndFind. As usual, please note that the following critique is directed at the article and not at you.

"In order to secure more money for national defense, Democrats are demanding an equal amount of extra funding for domestic social welfare programs."

FR: Never Accept the Premise of Your Opponent’s Argument

Patriots are reminded that while the Republicans can justify military spending under Congress’s constitutional Article I, Section 8-limited powers, post-17th Amendment ratification Democrats cannot justify most domestic spending programs under those powers.

Being able to justify any federal spending under Section 8 is very important for the following reason. A previous generation of state sovereignty-respecting Supreme Court justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, basically any issue that Congress cannot justify under Section 8.

In fact, the congressional record shows that Rep. John Bingham, a constitutional lawmaker, had clarified that the Founding States had left the care of the people to the states, not the federal government.

”... the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Federal Constitution, is in the States, and not in the Federal Government [emphases added].” —Rep. John Bingham, Congressional Globe, 1866. (See about middle of 3rd column.)


The bottom line imo is that most domestic federal spending programs are based not only on stolen state powers, but also stolen state revenues uniquely associated with those powers, state revenues stolen by means of unconstitutional federal taxes according the Gibbons v. Ogden excerpt above.

In other words, the founders had expected each state to establish its own social spending programs, ultimately depending on what the legal majority voters of each state want.

But now the states must struggle to establish custom social spending programs because the corrupt feds are stealing state revenues.

The remedy …

Patriots need to finish the job that they started in the 2016 elections when they elected Trump president.

More specifically, patriots now need to be making sure that there are plenty of Trump-supporting, state sovereignty-respecting patriot candidates on the 2018 primary ballots, and pink-slip career lawmakers by sending patriot candidate lawmakers to DC on election day.

And until the states wake up and repeal the 16th & 17th Amendments, as evidenced by concerns about the integrity of Alabama's special Senate election, patriot candidates need to win elections by a large enough margin to compensate for possible deep state ballot box fraud and associated MSM scare tactics.

Hacking Democracy - The Hack

6 posted on 01/22/2018 9:16:59 AM PST by Amendment10
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