About Me

Lake Charles, Louisiana, United States
I am a left-leaning Independent and self-proclaimed political junkie who is most interested in LGBT and human rights. You'll definitely see this in my essays and posts.
Showing posts with label debt celing. Show all posts
Showing posts with label debt celing. Show all posts

Tuesday, December 27, 2011

Introducing the Congressional Voter Index

The Congressional Voter Index:


This index is a measure of the true balance of power on the hill reflected through victories and the mood of the electorate. May 15th may be an outlier, or it is an indicator that the Democrats seemed to have gotten some control in the debt ceiling debate. May fifteenth is also a turning point for the Democrats who were riding on Obama's coat tails after the raid on and killing of Osama bin Laden.

The Democrat's horrible handling of the debt negotiations lead to a massive loss for them during the summer, as well as a loss of the public's trust. However, this was not the end of the Democrats because they had another trick up their sleeves: the American Jobs Act.

Failing to act on a package, any package, that would produce jobs and failing to gain the lead on the messaging, the Republicans began to suffer and never regained their footing. The Democrats continue to control the messaging, but will this trend hold until November 2012?

Sunday, October 9, 2011

My Platform

Instead of writing this out, I'll just provide a chart of my platform if I were running for president.  What would you change?  Would you add anything?  Comments are more than welcome!


Category
Items
Federal
State
Private
Total
Infrastructure
    • Aviation
    • Bridges
    • Dams
    • Drinking Water
    • Energy
    • Hazardous Waste
    • Inland Waterways
    • Levees
    • Public Parks & Recreation
    • Rail
    • Roads
    • Schools
    • Solid Waste
    • Transit
    • Wastewater
    • Cover 90% at federal level, 7% at state level and 3% from private funding
$ 1,980B
$ 154B
$ 66B
$ 2,200B
Student Loans
    • Forgive federal student loans
$ 830B


$ 830B
R & D
    • Increase subsidies for research and development for universities, medical research, non-profits, and for-profit commercial businesses making less than $ 1 M per year.
Increase
Deficit



Trade
    • Eliminate taxes on exports
Increase



Welfare
    • Continue unemployment insurance
    • Fund job training programs
Increase



Bush Tax Cuts
    • Eliminate Bush tax cuts for incomes of $ 250 K+
    • Phase out Bush tax cuts for incomes of $ 175 K + over next three years
    • Phase out Bush tax cuts for incomes of $100 K + over next six years
    • Phase out remaining Bush tax cuts for incomes under $100 K over next ten years
-$1,400B


-$1,400B
Corporations
    • Close tax loopholes and simplify the tax code
    • Reduce corporate tax rate
    • Subsidize corporations who operate completely in America
    • Eliminate subsidies to oil and gas
    • Eliminate tax cuts for corporate jets
    • Print more money
    • Tax corporate savings
    • Institute a tax penalty on American-based companies who sell foreign built products in America
Decrease



USPS
    • Eliminate regulations that drain the postal service of funds
Increase



Defense
    • Cut spending by 30% as suggested by Robert Gates
-$ .800B


-$ .800B
Social Security
    • Social Security is actually in the least amount of danger when compared to the rest of the social safety net
    • Do not change Social Security for people age 40 and up
    • Ages 30 - 39:  Raise retirement age by two years
    • Below age 30:  Raise retirement age by four years
    • Reduce amount of benefits based on earnings and retirement
    • Increase FICA deduction but cut the amount employers have to match (55 employees/45 employers for companies making less than $ 1 M; no change for companies making higher than $ 1 M)
    • Eliminate income tax cap on Social Security payroll tax without burdening employers



-$ 0.0B
Medicare
    • Lower eligibility age by fifteen years every three years to include a healthier population
    • Require higher copayments for wealthy seniors
    • Eliminate Medicare Advantage plans
    • Do not repeal the ACA
    • Negotiate drug prices with pharmaceutical companies (Act of Congress)




Wages
    • Increase minimum wage to $ 10 per hour



-$ 0.0B
Sales Tax
    • Ban the use of national sales taxes and internet sales taxes



-$ 0.0B
Main Street
    • Bail out Main Street by forgiving underwater mortgages
    • Rescind the stimulus given to big banks who withhold lending
    • Limit debit card fees
    • Match interest on college or trade school savings accounts
    • Continue payroll tax holiday for middle and lower class
Increase



Education
    • Eliminate national testing
    • Eliminate attendance discouragements by outlawing bullying with a clear and defined comprehensive non-biased anti-bullying program that includes training for instructors, principals, and students
    • Expand broadband to rural areas
Increase



Laws & Elections
    • Stop defending DOMA with taxpayer funds by repealing it
    • Legalize same-sex marriage across the nation
    • Pass the DREAM Act
    • Pass ENDA
    • Eliminate the debt ceiling
    • Limit influence of Super PAC's in elections & investigate voter suppression
    • Institute a non-partisan fact checking organization to fact check claims made by legislators and the executive
    • Balance the Supreme Court by appointing one more Liberal justice and a true independent justice (there is no limit to the number of justices on the bench)
    • Pass fair pay legislation
    • Require companies consider American citizens for any job before workers in nation on a work Visa
    • Expedite citizenship for foreign students here on a Student Visa after graduation



-$ 0.0B
Tax the Rich
    • Tax capital gains as if it were regular income
Decrease



Discretionary
    • Reduce DOD spending (-71.5 B)
    • Reduce War on Terror Spending (-26.3 B)
    • Increase spending on VA (+12.3 B)
    • Increase disaster spending bank (+14.0 B)
-$ 71.5B


-$ 71.5B
The Dollar
    • Use interest rates for borrowing and lending to stabilize the domestic economy and strengthen the dollar



-$ 0.0B

Monday, July 11, 2011

No Deal: My Letter to the President

Dear Barack Obama,

No deal, Mister President!  No, I’m not talking about your capitulation on our nation’s solvent social safety net, I’m talking about any deal to trim the deficit whatsoever in conjunction with this debt ceiling vote.  I, and more than likely, the majority of the American people, want to see this debt ceiling vote come to a head with no political bipartisanship affecting its outcome.

The American debt ceiling is not a tool to use as a weapon against the heads of the American people and the economy, nor is it negotiable, raising it to pay our debts and keep the government functioning is constitutionally mandated; you, Mister President and constitutional scholar, should already know this.  If you offer any type of deal, be it good or bad, even from a progressive stand-point, this will open the Pandora’s Box for what can be leveraged with the debt ceiling vote, so offer no deal!

Offer no deal and use your constitutional and executive authority to raise the debt ceiling yourself with the aid of the Treasury Department; our economy is at stake, America is at stake, Americans are at stake, do not throw any of these things or people under the bus with meaningless political theater.  Allowing any deal undermines the authority of the executive and sets a precedent for others who will follow this Congress to use the debt ceiling as leverage against a sitting president.  I and the American people understand the deficit needs to be tamed, however, I must urge you that doing so with the Full, Faith, and Credit of the United States and the economies of other nations which rely on our economy to keep the markets stable and fair with proper competition literally at gun point would be the destruction of any recovery made thus far since the end of the Great Recession.

Sincerely,

A Concerned American Citizen