Month: July 2011

…and say that everything in Washington is royally messed up.  You know all of these cuts they are talking about?  Well, they aren’t real cuts…they are simply cuts in the rate of increase.  ARG!

Tonight, I wrote my Senators and Representative and urged them to vote NO on any debt ceiling bill that does not call for REAL cuts in the budget.  I urged them to support the Connie Mack Penny Plan.  1% real reduction in the federal budget!  1%.  1 penny on the dollar.

In summary, here is what it does:

1. Reducing overall spending by $7.5 trillion over 10 years.
2. Setting an overall spending cap of 18 percent of gross domestic product in 2018
3. The Penny Plan balances the budget byCutting total federal spending by one percent each year for six consecutive years

If Congress and the President are unable to make the necessary cuts, the bill’s fail-safe triggers automatic, across-the-board cuts to ensure the one percent reductions are achieved.

Image from The Suss-Man via flickr