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Practically Speaking

Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.

What happened to the "pay-as-you-go" Days of pork...as a strategy' are over Obama?

President Obama, TAXES, THE ECONOMY

 

http://elections.nytimes.com/2008/president/debates/transcripts/third-presidential-debate.html

While looking at the 3rd debate transcript for Obama's quote on Partial Birth Abortion, I noticed this statement:

 

SCHIEFFER: All right. Let's go to another topic. It's related. So if you have other things you want to say, you can get back to that.

This question goes to you first, Senator Obama.

We found out yesterday that this year's deficit will reach an astounding record high $455 billion. Some experts say it could go to $1 trillion next year.

Both of you have said you want to reduce the deficit, but the nonpartisan Committee for a Responsible Federal Budget ran the numbers on both of your proposals and they say the cost of your proposals, even with the savings you claim can be made, each will add more than $200 billion to the deficit.

Aren't you both ignoring reality? Won't some of the programs you are proposing have to be trimmed, postponed, even eliminated?

Give us some specifics on what you're going to cut back.

Senator Obama?

OBAMA: Well, first of all, I think it's important for the American public to understand that the $750 billion rescue package, if it's structured properly, and, as president, I will make sure it's structured properly, means that ultimately taxpayers get their money back, and that's important to understand.

But there is no doubt that we've been living beyond our means and we're going to have to make some adjustments.

Now, what I've done throughout this campaign is to propose a net spending cut. I haven't made a promise about...

SCHIEFFER: But you're going to have to cut some of these programs, certainly.

OBAMA: Absolutely. So let me get to that. What I want to emphasize, though, is that I have been a strong proponent of pay-as- you-go. Every dollar that I've proposed, I've proposed an additional cut so that it matches.

OBAMA: And some of the cuts, just to give you an example, we spend $15 billion a year on subsidies to insurance companies. It doesn't -- under the Medicare plan -- it doesn't help seniors get any better. It's not improving our health care system. It's just a giveaway.

We need to eliminate a whole host of programs that don't work. And I want to go through the federal budget line by line, page by page, programs that don't work, we should cut. Programs that we need, we should make them work better.

Now, what is true is that Senator McCain and I have a difference in terms of the need to invest in America and the American people. I mentioned health care earlier.

If we make investments now so that people have coverage, that we are preventing diseases, that will save on Medicare and Medicaid in the future.

If we invest in a serious energy policy, that will save in the amount of money we're borrowing from China to send to Saudi Arabia.

If we invest now in our young people and their ability to go to college, that will allow them to drive this economy into the 21st century.

But what is absolutely true is that, once we get through this economic crisis and some of the specific proposals to get us out of this slump, that we're not going to be able to go back to our profligate ways.

And we're going to have to embrace a culture and an ethic of responsibility, all of us, corporations, the federal government, and individuals out there who may be living beyond their means.

SCHIEFFER: Time's up.

 http://www.cnn.com/2008/POLITICS/12/07/obama.economy/index.html

 (CNN) -- President-elect Barack Obama issued a warning Sunday to officials around the country who want to fund projects with federal dollars: no more business as usual.

In an interview on NBC's "Meet the Press," Obama said: "What we need to do is examine: What are the projects where we're going to get the most bang for the buck? How are we going to make sure taxpayers are protected?

"You know, the days of just pork coming out of Congress as a strategy, those days are over."

Later, at a news conference in Chicago, Illinois, Obama said in his recent meetings with the National Conference of Governors, there was a "strong bipartisan" consensus that "we've got to get people working on some key projects that have been sitting there for a long time."

Infrastructure, energy programs and school construction projects will get people working and ultimately help build a stronger economy, he said.

But, he added: "We are not going to simply write a bunch of checks and let them be spent without some very clear criteria as to how this money is going to benefit the overall economy and put people back to work. We're not going to be making decisions on projects simply based on politics and -- and lobbying."

The president-elect faced questions about a possible bailout of the auto industry, which he supports with caveats.

"It makes no sense for us to shovel more money into the problem if you have not seen an auto industry that is committed to restructuring -- restructuring that, frankly, should have been done 10 years ago, 20 years ago, 30 years ago," he told reporters.

He added: "Congress is doing the exact right thing by asking for a conditions-based assistance package that holds the auto industry's feet to the fire, gives them some short-term assistance, but also insists that that assistance leads to some very difficult choices involving all the stakeholders ... including management, labor, shareholders, creditors, and so on."

Asked whether he supports Sen. Christopher Dodd's call Sunday for General Motors CEO Rick Wagoner to step down, Obama did not respond directly. But he said generally that "if this management team that's currently in place doesn't understand the urgency of the situation and is not willing to make the tough choices and adapt to these new circumstances, then they should go."

In the NBC interview, recorded Saturday, Obama slammed executive compensation packages in the industry as "out of line" compared to Japanese auto companies.

"Now, it's not unique to the auto industry. We have seen that across the board. Certainly we saw it on Wall Street," he said. "And part of what I'm hoping to introduce as the next president is a new ethic of responsibility."

Facing a financial crisis that is "going to get worse," Obama said his top priority is building a recovery plan "equal to the task." He gave no specifics, saying his economic team is "crunching the numbers."

Despite the nation's massive debt, Obama said he won't be focusing on building a balanced budget at the start of his administration.

"We understand that we've got to provide a blood infusion to the patient right now to make sure that the patient is stabilized. And that means that we can't worry short term about the deficit. We've got to make sure that the economic stimulus plan is large enough to get the economy moving," he said.

Part of that movement means taking big steps to fix the mortgage crisis, he said, adding that he is "disappointed that we haven't seen quicker movement" by the Bush administration on that front.

Asked whether he has "personally conveyed" that disappointment to the administration, Obama said only: "We have specifically said that, moving forward, we have to have a housing component to any actions that we take."

Throughout his campaign, Obama vowed to raise taxes on couples earning more than $250,000 and individuals making more than $200,000 while lowering taxes for all others. Asked whether that is still his plan, Obama said "we don't yet know what the best approach is going to be."

"But the overall thrust is going to be that 95 percent of working families are going to get a tax cut and the wealthiest Americans ... are going to give up a little bit more," Obama said.

He did not say when that may happen.

 

From AFA:

House Speaker Nancy Pelosi pledged on national television that under the Obama administration there would be no pork barrel spending. Watch Speaker Pelosi make that pledge.

On January 11, Speaker Pelosi publicly pledged "no pork" when being interviewed by Wolf Blitzer. She promptly broke that pledge when it was convenient to do so.

The trillion dollar stimulus bill pushed by Speaker Pelosi and passed overwhelmingly by the House has more pork spending than any bill in history! In fact, the bill (H.R.1) contains so much pork spending that Speaker Pelosi included $227 million simply for oversight of the pork barrel projects included in her stimulus bill. (Page 11 of the stimulus bill.)

 

 

AFA's emailAre you sick and tired of being lied to by members of Congress? Then do something about it!

House Speaker Nancy Pelosi pledged on national television that under the Obama administration there would be no pork barrel spending. Watch Speaker Pelosi make that pledge.

On January 11, Speaker Pelosi publicly pledged "no pork" when being interviewed by Wolf Blitzer. She promptly broke that pledge when it was convenient to do so.

The trillion dollar stimulus bill pushed by Speaker Pelosi and passed overwhelmingly by the House has more pork spending than any bill in history! In fact, the bill (H.R.1) contains so much pork spending that Speaker Pelosi included $227 million simply for oversight of the pork barrel projects included in her stimulus bill. (Page 11 of the stimulus bill.)

See some of the pork included in this bill.


Take Action!

Help us send one million e-mails to Speaker Pelosi. Tell Speaker Pelosi that you are fed up with pledges being made and broken.
• Please forward this to all your friends and family and ask them to take a pledge not to vote for a member, of either party, who lies to the people.

 

 

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