President Obama Attempts to Tackle Deficit Spending With High Taxes

On Wednesday, President Obama addressed the nation to talk about the deficit problem. Theannual deficit is the amount of money our government spends in a year that is not covered by the taxes we pay. That is opposed to the national debt, which is the accumulation of these deficits.

Currently, our deficit is $1.65 trillion. To put that in perspective, if one dollar equaled one second, it would take over 52,000 years to equal this year’s deficit. I don’t think my poor little calculator could do the math on our over $14 trillion of accumulated debt.

Obviously something needs to be done. We either need more money coming in, or less money going out. As pointed out on IowaHawk’s blog, not enough money realistically exists to cover our expenditures. Therefore, we must reduce our spending to balance the budget and begin to pay down our tremendous debt.

According to Reuters, 59% of Americans would cut programs to reduce deficit spending, while 30% would raise taxes to cover the cost. President Obama agreed in Wednesday’s speech that cutting some spending might be necessary … right before he slammed Republicans for trying to lead us to a fundamentally different America than the one he’s known.

Read the rest at The Stir

Jenny Erikson Radio Show – Episode 0013

In which I rant about cleaning my daughters’ room, household budgets versus the federal budget, and Amelia Hamilton joins me for Conservative Chick Chat.

All Profeshenal an’ Schtuff

Look at me taking notes on appropriations from Chief Deputy Whip Peter Roskam. This IL (Republican!) Representative sits on the House Ways and Means Committee (those tax-writing people) and is vice-chair of Congressman Roskam was very gracious in inviting us bloggers into his office and answering our questions about the national deficit and debt.

I tried to look smart by writing down stuff he said so that I could share it with you.

Too bad I left my notepad* at the hotel this morning. D’oh!

Taking Notes in Congressman Roskam's Office

Photo by Ms. Blissdom herself Allison Worthington

*Update: My uber fabulous fellow blogger and roommate Molly Teichman picked up my notebook and is sending it to me. She’s my hero today.

No, I Don’t Want to Buy You a Phone.

I just found out about CTAP today.

The California Telephone Access Program (CTAP) distributes telecommunications equipment and services to individuals certified as having difficulty using the telephone. CTAP is a California State mandated program, under governance of the California Public Utilities Commission (CPUC). Equipment and some network services are available at no charge to eligible consumers.

Californians who are deaf, hard of hearing, speech-disabled, cognitively-disabled, blind, or who have low vision, or restricted mobility, are eligible to receive equipment with certification by a medical doctor, a licensed audiologist, a qualified state agency, or a hearing aid dispenser.

CTAP is funded by a small surcharge that appears on all telephone bills in California. The money collected from this surcharge pays for both the California Telephone Access Program (CTAP) and the California Relay Service (CRS). This surcharge appears on your phone bill as “CA Relay Service and Communications Devices Fund.”

No wonder California is broke as a joke. No denying that being blind, deaf, or having fingers too fat to dial on a regular keypad are all tragic conditions. But why do the rest of us have to buy you a phone?

It’s almost as ridiculous as forcing tax-payers to pay for other people’s TV converter boxes.

PS- This picture makes me giggle.

"Your call could not be completed as dialed. Your fingers are too fat. To obtain a special dialing wand, please mash the keypad with your palm now."

Out of Control Spending & Crippling Taxes

Remember this chart?  It was from the 2008 Presidential campaign.  I can’t tell you how many Obama supporters calmly and patiently explained to me that I would be silly to vote for McCain over Obama because I would get a bigger tax cut under Obama.  And I calmly and patiently explained to them that by taxing top earners so significantly, they’d have to cut jobs at their companies.  I also pointed out that in order to fund all of Obama’s socialist pie-in-the-sky ideas, the money would have to come from somewhere, and that I was 100% certain that we’d see that $250k bar drop.

Within a couple of weeks of the inauguration, Obama raised taxes on the poorest people in our country, those who have the highest majority of smokers in their demographic. The cost increase on a pack of nicotine sticks was the highest in US history.

But lots of people don’t see that as a *real* tax, because smokers can choose to quit and probably should for their health.

But even those tobacco-taxes-aren’t-real-taxes people should be worried now.  In an interview out today, President Obama said:

The whole point of it is to make sure that all ideas are on the table… So what I want to do is to be completely agnostic, in terms of solutions.

What I can’t do is to set the thing up where a whole bunch of things are off the table…Some would say we can’t look at entitlements. There are going to be some that say we can’t look at taxes, and pretty soon, you just can’t solve the problem.

The real problem has to do with the fact that there is a just a mismatch between the amount of money coming in and the amount of money going out. And that is going to require some big, tough choices that, so far, the political system has been unable to deal with.

I have a suggestion Mr. President.  How about we spend less money?  Why does Nancy Pelosi need $1000 per week for booze and delicacies on her private cross-country jet rides?  That’s $1000 per week for food and booze, mind you, not the cost of the travel itself. And I’m sure the turtles didn’t really need a $3,400,000 tunnel to cross the road.  What about the $800,000 for repaving a back-up runway at an unused airport?

President Obama, please don’t raise my taxes to fund those ridiculous projects.  I don’t know how much more of your “help” I can afford.