Tag Archives: Budget Cuts

Top 10 most shocking spending cuts Republicans voted for | The Raw Story

People really need to be paying attention…

Instead of taxing Millionaires and Corporations at an appropriate level, the GOP wants to decimate important Government programs.

Here is another list- on top of some of the other cuts I’ve already listed…

From Rawstory.com:

House Republicans recently passed over $60 billion in spending cuts from current levels for fiscal 2011, pitched as necessary to reduce the massive budget deficit.

From disaster relief funding to aid fr abused women, the GOP went after the government’s 2011 budget with a zeal it normally reserves for tax cuts. Though the Democratic-led Senate rejected the proposal, here are some of the most shocking programs Republicans voted to slash.

1) The National Weather Service

The bill stripped $126 million from the Natural Weather Service, the agency within the National Oceanic and Atmospheric Administration tasked with preparing us for natural disasters such as tsunamis, hurricanes, blizzards, floods and fires.

It’s the same agency that issued a tsunami warning Friday for people on the West Coast after an 8.9 magnitude earthquake devastated Japan. The measure cut a total of $454.3 million from NOAA operations, research and facilities.

2) Emergency Oil Reserves

The GOP budget plan slashed $120.2 million from the Strategic Petroleum Reserve, a critical source of emergency oil supplies in case flow is interrupted.

 

In the wake of the earthquake in Japan, President Barack Obama said the US is “prepared to tap” into the Strategic Petroleum Reserve “should the situation demand it.”

3) Assistance For Firefighters

$510 million was axed from the Federal Emergency Management Agency’s grants for firefighters, part of a broader $1.5 billion cut to various FEMA programs.

4) Communication Among Emergency Responders

The Law Enforcement Wireless Communications office took a $70 million cut — it’s responsible for facilitating “secure, reliable and interoperable” communications to help with “counterterrorism, counterintelligence, law enforcement and emergency response.”

According to the New York Times, an improved capacity for public safety officers across different jurisdictions to effectively communicate with each other would have dramatically helped first responders on 9/11 and Hurricane Katrina.

5) Oversight Of Financial Markets

The Commodity Futures Trading Commission, tasked with overseeing derivative swaps and financial instruments, saw a $56.8 billion cut in the GOP plan. The financial crisis of 2008-09 is believed to have been caused by a lack of effective oversight. (President Obama wants to increase CFTC’s funding.)

6) Prosecution Of Financial Crimes

In the wake of Bernie Madoff, and after big banks apparently got away with suckering people into predatory loans, Republicans voted to cut $2.1 million from the Treasury Department’s Financial Crimes Enforcement Network.

7) Helping Women Escape Domestic Abuse

MORE:   Top 10 most shocking spending cuts Republicans voted for | The Raw Story.

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Pay Teachers More

Great article from Nicholas Kristof in today’s New York Times.

No matter where you fall on the issue of Teacher’s Unions, it makes sense….

This is another one of those issues that just seems impossible to argue…

Who wants poor quality, under-paid teachers?

Oh, the the Republicans, who fear a well educated electorate with strong critical thinking skills….

Here is an excerpt from Mr Kristof’s column.  I encourage you to click the link and read it in it’s entirety. Italics emphasis is mine…

Until a few decades ago, employment discrimination perversely strengthened our teaching force. Brilliant women became elementary school teachers, because better jobs weren’t open to them. It was profoundly unfair, but the discrimination did benefit America’s children.

These days, brilliant women become surgeons and investment bankers — and 47 percent of America’s kindergarten through 12th-grade teachers come from the bottom one-third of their college classes (as measured by SAT scores). The figure is from a study by McKinsey & Company, “Closing the Talent Gap.”

Changes in relative pay have reinforced the problem. In 1970, in New York City, a newly minted teacher at a public school earned about $2,000 less in salary than a starting lawyer at a prominent law firm. These days the lawyer takes home, including bonus, $115,000 more than the teacher, the McKinsey study found.

We all understand intuitively the difference a great teacher makes. I think of Juanita Trantina, who left my fifth-grade class intoxicated with excitement for learning and fascinated by the current events she spoke about. You probably have a Miss Trantina in your own past.

One Los Angeles study found that having a teacher from the 25 percent most effective group of teachers for four years in a row would be enough to eliminate the black-white achievement gap.

Recent scholarship suggests that good teachers, even kindergarten teachers, increase their students’ earnings many years later. Eric A. Hanushek of Stanford University found that an excellent teacher (one a standard deviation better than average, or better than 84 percent of teachers) raises each student’s lifetime earnings by $20,000. If there are 20 students in the class, that is an extra $400,000 generated, compared with a teacher who is merely average.

A teacher better than 93 percent of other teachers would add $640,000 to lifetime pay of a class of 20, the study found.

Look, I’m not a fan of teachers’ unions. They used their clout to gain job security more than pay, thus making the field safe for low achievers. Teaching work rules are often inflexible, benefits are generous relative to salaries, and it is difficult or impossible to dismiss teachers who are ineffective.

But none of this means that teachers are overpaid. And if governments nibble away at pensions and reduce job security, then they must pay more in wages to stay even.

Moreover, part of compensation is public esteem. When governors mock teachers as lazy, avaricious incompetents, they demean the profession and make it harder to attract the best and brightest. We should be elevating teachers, not throwing darts at them.

via Pay Teachers More – NYTimes.com.

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Michael Moore: The Smug Wealthy Have Gone Too Far — And We’re Finally Fighting Back | Economy | AlterNet

Michael Moore can be a little over-the-top for me sometimes, but this time he’s pretty much on target….

From Michael Moore via AlterNet:

Contrary to what those in power would like you to believe so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.

Today just 400 Americans have more wealth than half of all Americans combined.

Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer “bailout” of 2008, now have more loot, stock and property than the assets of 155 million Americans combined. If you can’t bring yourself to call that a financial coup d’état, then you are simply not being honest about what you know in your heart to be true.

And I can see why. For us to admit that we have let a small group of men abscond with and hoard the bulk of the wealth that runs our economy, would mean that we’d have to accept the humiliating acknowledgment that we have indeed surrendered our precious Democracy to the moneyed elite. Wall Street, the banks and the Fortune 500 now run this Republic — and, until this past month, the rest of us have felt completely helpless, unable to find a way to do anything about it.

More:   Michael Moore: The Smug Wealthy Have Gone Too Far — And We’re Finally Fighting Back | Economy | AlterNet.

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Dem Senator: Republicans brewing ‘toxic tea’ that will ‘bring shame to our country’ | Raw Replay

All I can say is “Amen”…..

Sen. Frank Lautenberg (D-NJ) on Thursday excoriated Republicans for taking their cues from the tea party movement, which he deemed to be pushing “dangerous” spending cuts that will “create pain for our children” and “shame” America.

“Here in Congress, tea party activists have seized control of the Republican side of the aisle—and it is far from a tea party for lots of jobless people and those qualified to study in college but unable to pay the freight,” Lautenberg said.

“Now that they are in power, we see they’re brewing Toxic Tea—a dangerous concoction that will create pain for our children and bring shame to our country.  We know that cutting critical programs now brings sky-high prices later—in more illnesses and a less-educated society. So we look at the future and we say we must invest in our children, our environment and medical research. But every time, they say: ‘No.’”

The New Jersey Democrat tore into the slew of Republican spending cuts, which include deep cuts to education, medical research, and women’s health services.

via Dem Senator: Republicans brewing ‘toxic tea’ that will ‘bring shame to our country’ | Raw Replay.

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Sanders introduces millionaire surtax to slash deficit | The Raw Story

Okay…81% of Americans favor this, but it doesn’t have a chance in hell of passing in Congress…

So much for representative democracy for anyone except the Rich and the Oil Companies….

WASHINGTON – As Democrats and Republicans battle over how much spending should be cut to bridge the budget shortfall, one senator is focusing on the other side of the equation: revenues.

Sen. Bernie Sanders (I-VT) on Thursday afternoon introduced a bill (pdf) that would establish a surtax on millionaires and strip tax deductions for oil companies — a proposal he claims would cut the deficit by about $50 billion.

The Emergency Deficit Reduction Act would accomplish this by raising taxes by 5.4 percent on annual income over $1 million.

Congress has yet to pass a budget to fund the government for fiscal 2011, approving three continuing resolutions to avoid a shutdown. The latest expires March 18. The Senate rejected the Democratic and Republican proposals Wednesday.

A NBC/Wall Street Journal poll found late February that 81 percent of Americans believe a surtax on millionaires is an acceptable way to close the budget shortfall.

Yet in Congress, the quest is a lonely one. Though leaders of both parties admit the deficit is a pressing problem, none have advanced tax increases to trim the gap. And the outspoken Vermonter isn’t pulling any punches.

Republicans, Sanders fumed, want to balance the budget “solely on the backs of the middle class and some of the most vulnerable people in this country.” Democrats, he added, aren’t “serious” about deficits if they ignore revenues.

via Sanders introduces millionaire surtax to slash deficit | The Raw Story.

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ThinkProgress » Schumer’s Deficit Reduction Steps: Millionaires Tax, Prevent Corporate Tax Dodging, Cut Wasteful Subsidies

Of course this will fail…

It makes too much sense for Congress to pass it….

 

First, Schumer revived his proposal from last year to institute a surtax on millionaires and billionaires. “I must say I noted with interest that in last week’s Wall Street Journal-NBC poll, the most popular proposal to reduce the deficit — out of 23 options surveyed — was a surtax on millionaires and billionaires,” he said.

Schumer also promoted closing the tax gap by cracking down on tax dodging and income sheltering by big corporations. “There is much we can do in the tax code to crack down on cheaters and vastly improve compliance,” he said. “Any credible deficit plan should tackle the so-called ‘tax gap’ — the gap between taxes owed and taxes paid — which has gotten as high as over $300 billion a year this past decade.”

He also advocated cutting the wasteful subsidies that are handed out every year to industries, including the oil and gas industries, that don’t need them. Schumer expanded on these ideas in an interview today with ThinkProgress:

“All these kinds of subsidies should be on the table, but the one that sticks out like a sore thumb is oil and gas because the entire rationale for it is gone. It was passed, I think, when the price of oil was $17 a barrel, we had low production, and now of course, the price of oil is $100 a barrel. The subsidy, in economic terms, doesn’t mean anything other than to make some people wealthy who are already wealthy.”

via ThinkProgress » Schumer’s Deficit Reduction Steps: Millionaires Tax, Prevent Corporate Tax Dodging, Cut Wasteful Subsidies.

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New Budget Campaign Asks ‘What Would Jesus Cut?’ — CNN.com

I don’t agree with Jim Wallis on everything, but he’s doing some great work here….

A coalition of progressive Christian leaders has taken out a full-page ad that asks “What would Jesus cut?” in Monday’s edition of Politico, the opening salvo in what the leaders say will be a broader campaign to prevent cuts for the poor and international aid programs amid the budget battle raging in Washington.

“They’re talking about cutting bed nets for malaria and leaving every piece of military spending untouched,” said the Rev. Jim Wallis, who leads the Christian group Sojourners, referring to Republican spending proposals for the rest of this year.

“Are we saying that every piece of military equipment is more important than bed nets, children’s health and nutrition for low-income families?” said Wallis, whose group paid for Monday’s ad. “If so they should be ashamed of themselves.”

The ad and the broader campaign are aimed mostly at a spending measure passed by the Republican-led House of Representatives that cuts $61 billion from current spending levels, including cuts to Head Start, the Women Infants and Children (WIC) program and international aid programs.

Senate Democrats consider those cuts draconian and won’t pass them.

The faith leaders behind the “What would Jesus cut” campaign are also lobbying the Obama administration to forego proposed cuts to programs like college grants and heating assistance to low-income Americans in the 2012 federal budget.

via New budget campaign asks ‘What would Jesus cut?’ – CNN Belief Blog – CNN.com Blogs.

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This is Not Fiscal Conservatism. It’s Just Politics. – Jim Wallis – God’s Politics Blog

Another great article from Jim Wallis at Sojourners….

The Republican governors’ counter parts in the U.S. House of Representatives are also not cutting spending where the real money is, such as in military spending, corporate tax cuts and loop holes, and long term health-care costs. Instead, they are cutting programs for the poorest people at home and around the world. This is also just political and not genuine fiscal conservatism. It is a direct attack on programs that help the poor and an all-out defense of the largesse handed out to big corporations and military contractors. If a budget is a moral document, these budget-cutters show that their priorities are to protect the richest Americans and abandon the poorest — and this is an ideological and moral choice. The proposed House cuts, which were just sent to the Senate, are full of disproportionate cuts to initiatives that have proven to save children’s lives and overcome poverty, while leaving untouched the most corrupt and wasteful spending of all American tax dollars — the Pentagon entitlement program. This is not fiscal integrity; this is hypocrisy.

MORE:   This is Not Fiscal Conservatism. It’s Just Politics. – Jim Wallis – God’s Politics Blog.

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