Every Member of Congress has a solemn duty to vote for what they believe is best for the country and the American people, not their party. Respectfully, as I have said for months, I can’t support $3.5 trillion more in spending when we have already spent $5.4 trillion since last March. At some point, all of us, regardless of party must ask the simple question – how much is enough?
What I have made clear to the President and Democratic leaders is that spending trillions more on new and expanded government programs, when we can’t even pay for the essential social programs, like Social Security and Medicare, is the definition of fiscal insanity. Suggesting that spending trillions more will not have an impact on inflation ignores the everyday reality that America’s families continue pay an unavoidable inflation tax. Proposing a historic expansion of social programs while ignoring the fact we are not in a recession and that millions of jobs remain open will only feed a dysfunction that could weaken our economic recovery. This is the shared reality we all now face, and it is this reality that must shape the future decisions that we, as elected leaders, must make.
We can’t pay for Social Security, Medicare, and Medicaid, and they are “essential” (like marijuana and liquor stores in Massachusetts during coronashutdowns?) so we should probably actually cut spending wherever we can until we can pay for these essentials, right? Certainly, it would be “insane” to spend “trillions”.
Let’s compare the above, from September 29, to “Manchin says $1.5 trillion is his limit on Biden economic agenda amid battle with progressives” (CNN, September 30):
Moderate Democratic Sen. Joe Manchin of West Virginia made clear Thursday that $1.5 trillion was the price tag he was willing to settle on for his party’s plan to expand the social safety net, putting him $2 trillion away from the lowest number progressive Democrats have said they would accept.
I would love it if Senator Manchin came to help us with our household budget: “You haven’t saved enough for retirement, you’re feeding the kids ramen noodles, your supply of essential-for-anyone-from-Massachusetts marijuana and liquor is critically low, and your health insurance bills are past-due, so there is simply no way you can buy Paul Allen’s 414-foot superyacht. That would be fiscal insanity. I recommend that you buy a $15 million Riva 110 instead.”
(The CNN article also has a fun quote from Democratic Party thought leader Ilhan Omar: “We didn’t envision having Republicans in our party”)
- Understanding Congress’s solution to the federal deficit problem (2011): “The deal cuts $38 billion from last year’s budget. It’s being called the largest domestic spending cut in U.S. history” … The FY 2011 federal budget is approximately $3.82 trillion (3.82×10^12). Of that, approximately $2.17 trillion will be paid for by taxes collected and the remaining $1.65 trillion will be borrowed from our grandchildren. If we divide everything by 100 million, the numbers begin to make more sense. We have a family that is spending $38,200 per year. The family’s income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year.