From Tea Party Patriots --
Since the Republicans took back the majority in the House in January, do you think they have been responsible in handling this fiscal year's budget? Have they lived up to your idea of leadership? Where is the budget that will get us through the rest of the fiscal year? Are they letting the Democrats rope-a-dope them? Do they seem to understand the urgency of America's fiscal situation? Should we let them get away with passing a Continuing Resolution that doesn't rescind the $105 billion that has already been appropriated to Obama Care?
Your sacrifices are the reason that the GOP holds the gavel today. You put them in office, and yet they aren't listening to you, and they're not listening to those in their caucus that would dare to tell the truth. What kind of a leader goes to the negotiating table with all of his cards showing, having already given in to the opposition? Is it time, once again, for the American people to take the lead?The FactsMany members of the GOP are proud that they have cut $10 billion from the budget over a period of 5 weeks. And while cutting spending rarely ever happens in Washington DC, Republicans and all Americans need to keep things in perspective. The facts are simple. Let's review.
- The same day that the House GOP voted to cut $6 billion, our national debt jumped up by $72 billion.
- An analogy: If every penny represents $1 billion, our national debt plus current deficit equals 15,800 pennies. The GOP has removed 10 pennies so far. That's it. And the Democrats wanted to remove about 4 and 1/2 pennies for the rest of the fiscal year, which ends in October.
- The national debt is over $14.2 trillion while we borrow about $4 billion every single day. This doesn't include unfunded liabilities (see below).
- $10 Billion in cuts is equal to 0.07% of the national debt. That's less than 1/10th of 1%!!!
- The current deficit is projected to reach $1.6 trillion - just for this fiscal year.
- Our deficit for the single month of February (the shortest month of the year!) was $223 billion - the largest deficit in our history.
- We would have to invest $60 trillion right now to cover the current unfunded liabilities of our federal government, including the debt and current deficit. In other words, we need $60 trillion today to keep the promises of payments made by politicians who will be long gone when the bills come due.
- Every single US man, woman, and child owes almost $200,000 to pay for the deficit + debt + unfunded liabilities.The recent events in Japan are showing us that a nation living so close to the fiscal edge cannot afford an unexpected disaster to occur. We are drowning in so much red ink that one unexpected, unpreventable, uncontrollable event could bring our house of cards right down on top of us.