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Tax Cuts Only When We Can Afford Them ( RAT Tauscher Alert )
WP ^ | 1/9/2002 | By Ellen Tauscher

Posted on 01/09/2002 10:18:13 AM PST by KQQL

Edited on 09/03/2002 4:49:49 AM PDT by Jim Robinson. [history]

About a year ago, I sat in the rain with most of my congressional colleagues and witnessed George W. Bush's inauguration. I had supported the other guys, the Gore-Lieberman team that won the popular vote, but I was ready to work with our new president in what he promised would be an opportunity for bipartisanship, a new demagogue-free zone. With surpluses projected for as far as the eye could see, I looked forward to passing, among many other things, a fiscally responsible tax cut that would be growth-inducing and budget-balancing and that would not invade or jeopardize Social Security and Medicare. The age of fiscal discipline had arrived, and the old debate over who should get how much of the tax cuts could perhaps be decided without rancor or recrimination.


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


TOPICS: Front Page News; News/Current Events; Politics/Elections
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1 posted on 01/09/2002 10:18:14 AM PST by KQQL
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To: KQQL
demoncrats always want things both ways. They are never satified. This is pure tripe if there is such a thing.
2 posted on 01/09/2002 10:41:19 AM PST by set the record straight
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To: KQQL
I have a better idea. How about tax increases only when WE (the People) can afford them.
3 posted on 01/09/2002 10:41:51 AM PST by Maceman
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To: KQQL
Simply put, a "triggered" tax cut is based on actual surplus money in the Treasury, rather than projections.

I like the idea of a "Trigger". How about this... We "trigger" a CUT IN SPENDING!

4 posted on 01/09/2002 10:55:23 AM PST by Drango
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To: KQQL
She doesn't seem to understand that the tax cuts have already been passed, including the votes of 12 DemocRATS.

This is a loser issue, and it will backfire on the RATS come November.

5 posted on 01/09/2002 10:57:58 AM PST by SunStar
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To: Drango
CUT SPENDING

Here are a few ideas Ellen...

http://www.cagw.org/site/PageServer?pagename=news_NewsReleases_01082002
Citizens Against Government Waste

Daschle Must Cut Waste to Restore

Fiscal Responsibility

Why Tax Hikes Preferred to Cutting Spending?

(Washington, D.C.) – Citizens Against Government Waste (CAGW) today blasted Senator Tom Daschle's (D-S.D.) economic plan and applauded President Bush's stated opposition to any tax increases.

"Sen. Daschle is missing the boat on how to stimulate the economy and improve Washington's fiscal health. His economic plan would increase spending without any offsetting reductions in waste, fraud, abuse, and mismanagement, while at the same time offering targeted tax breaks instead of across-the-board rate reductions," CAGW President Tom Schatz said.

"Since Sept. 11, Sen. Daschle has blocked the economic stimulus package, tried to push through a massive increase in farm spending, added $15.6 billion to the railroad pension fund, let Senate Appropriations Chairman Robert Byrd (D-W.Va.) run wild with pork barrel, and failed to suggest one single program that could be cut or reformed to finance the war on terrorism."

"What Washington needs now is bipartisan leadership of the kind afforded Presidents Franklin Roosevelt and Harry Truman during their war-time administrations," Schatz also said. "In conjunction with non-obstructionist congressional leadership, those executives were able to achieve non-defense spending reductions of 22 percent and 25 percent, respectively, in order to fund World War II and the Korean War. Daschle has cited not a single waste cut in his plan. Where's the leadership?"

Examples of areas to cut government spending:

-Cut the pork: this year estimated to have surpassed the $20 billion mark.

-Eliminate corporate subsidies: $80 billion this year.

-Stop improper government payments: at least $20 billion.

-Make some or all of the 543 specific spending cuts listed in CAGW's Prime Cuts publication: $1.2 trillion over the next five years.

"To stimulate this economy it is necessary to trim government's fat and restore real fiscal discipline, meaning spending cuts, not tax hikes. Working Americans deserve to know what sacrifices Sen. Daschle is willing to make. Will he give up or postpone projects like the $500,000 earmarked last year in his home state to help improve infrastructure at the Sioux Falls Empire Fair Association's W.H. Lyons Fairgrounds? Or the $250,000 to renovate the Homestake Opera House in Lead? Or even the $75,000 for development at the Spearfish Economic Development Corporation's industrial park?" Schatz added.

Citizens Against Government Waste is the nation's largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

6 posted on 01/09/2002 11:13:35 AM PST by Drango
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To: KQQL
"The age of fiscal discipline had arrived,"

"Fiscal discipline" is the language of the new socialists. It is "fiscal discipline" and "balanced budgets" which provide socialists with the argument that we can affort new and better socialist programs. The truth is that:

DEFICITS ARE NOT A PROBLEM,

DEFICITS ARE A CURE!

This is an election year and the opposition’s strategy will be simple. They will attack Bush for using tax cuts to turn a budget surplus into a budget deficit. The socialists know that mounting deficits and mounting federal debt will choke and kill their pet socialist schemes, namely Socialist Security, and Medicare.

So, get ready to see lots of opposition campaign ads featuring dozens of little old Socialist Security and Medicare parasites begging, “Please don’t kill me.”All I can suggest is that you change the channel and try not to throw up.

The only way to KILL THE WELFARE STATE is to starve it. Tired of Socialist Security? Want to end the Medicare Ponzi scheme? Sick of socialist Meicaid programs?

CHOKE THE WELFARE STATE!

SUPPORT MORE TAX CUTS NOW!

Tired of socialist parasites deciding what should be done with your money? Choke them with Federal debt!

BUILD THE DEFICIT HIGHER, HIGHER!

7 posted on 01/09/2002 11:22:01 AM PST by snakebitevoter
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To: snakebitevoter
Ditto. I hope Bush passes another tax cut so that the Democrats will have to spend the next ten years having to dig their way out of a hole.

As for Tauscher, she's a spoiled rich kid who bought a seat on the NYSE at age 26. She will go down in flames in 2002 for her vote against fast-track.

8 posted on 01/09/2002 11:33:31 AM PST by Holden Magroin
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To: Drango
CUT IN SPENDING!

Only if we can afford that.

9 posted on 01/09/2002 12:42:16 PM PST by lowbridge
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Comment #10 Removed by Moderator

To: KQQL
Isn't it amazing?
The libs say when we're running a surplus we shouldn't cut
taxes but increase spending.
And when we're running deficits we shouldn't cut taxes but
increase spending.

When do the libs think it's a good time to cut taxes?
Never, that's when.

11 posted on 01/09/2002 12:56:52 PM PST by tractorman
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To: Maceman
Actually, W. needs to be wary ...the tax cut thing usually works to get one elected, can usually be a boost to approval ratings early, but if the cash isn't there, can run one out of office as well. As a resident of Va, I've seen it happen up close and personal. Gilmore was elected on the basis of "no car tax"--sounded great--but in the end, after state employees hadn't been given raises in 3 years, college construction projects were halted, much needed road construction funds were frozen, and finally, even a Republican controlled Va gov't couldn't pass a budget--it ran the Republicans out of office and got Gilmore canned from the RNC... It'll be a very fine line, and tied directly to the economy. If the economy picks up, people are working, and cash is flowing into the coffers, everything will be fine. If social security is about to be raided, there's no cash for prescription drugs, and working America is still hurting--it'll be ugly. Trying to sell a tax cut primarily to the rich in this scenario will be political suicide....and W knows it. Therefore, everyone should pray for the economy to turn or it will be disaster. I've seen it up close and personal right in my backyard....
12 posted on 01/09/2002 1:00:34 PM PST by winallcosts
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To: winallcosts
I suppose spending cuts are out of the question.
13 posted on 01/09/2002 1:03:19 PM PST by Maceman
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To: snakebitevoter
uhhh...higher deficits ruined W's daddy and the economy at the same time...not a good thing. Cut the pork, say NO to ANY economic "stimulus" bill--more pork and wasted cash. Trim spending substantially, pray for the economy to recover--as it appears to be doing on its own--and you've got a recipe for success. Deficits are never good. Ever. Do you run your personal life at a deficit? I doubt it. How long would you last doing so before you went into the gutter. Same principle.
14 posted on 01/09/2002 1:04:39 PM PST by winallcosts
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To: winallcosts
"there's no cash for prescription drugs,"

I can hear the parasites already:

“Please don’t kill me.”

BUILD THE DEFICIT HIGHER, HIGHER!

15 posted on 01/09/2002 1:11:52 PM PST by snakebitevoter
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To: KQQL
We can always afford tax cuts, along as the government is spending money wastefully and in areas where they don't belong. Therefore, we can ALWAYS afford tax cuts.
16 posted on 01/09/2002 1:14:10 PM PST by dead
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To: dead
DEAD, all you stated is that A + B = C which was true when I went to school 50 years ago, and must be true now. These government critters think they must spend every dime available so they can spend the same or more the next year.
17 posted on 01/09/2002 3:14:30 PM PST by box221
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To: KQQL
For starters, how about basing government spending on only the Constitutional limits legally allowed? And without the Marx/Engles inspired DemocRATic "interpretations" that definitely do not agree with the founder`s interpretations.(Federalist Papers for instance)
18 posted on 01/09/2002 3:55:09 PM PST by nomad
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To: KQQL
They just don't get it!
19 posted on 01/09/2002 4:45:33 PM PST by CPT Clay
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