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View Full Version : Mitch McConnell REFUSES to consider Balanced Budget Amendment




Napoleon's Shadow
07-02-2011, 01:08 PM
http://www.upi.com/Top_News/US/2011/07/02/McConnell-No-balanced-budget-amendment/UPI-53341309623420/

eduardo89
07-02-2011, 01:17 PM
I'm not one bit surprised.

Vessol
07-02-2011, 01:18 PM
Could anyone explain the text of this amendment to me?

It sounds rather retarded, to put it bluntly.

GunnyFreedom
07-02-2011, 01:22 PM
Of course not, he doesn't want to put Republicans on the record voting against it because he knows it will lose them their seats. I'm sure he fancies his primary job as "keeping Republican incumbents in office" as I have recently come to understand such things.

Aratus
07-02-2011, 01:24 PM
mitch mcconnell hath noticed mitt romney's right
shifting flipflops post-scott-brown-care merrily???

Aratus
07-02-2011, 01:26 PM
as a freshman senator, if one jams all four buttons in front of one,
can one vote yes+no+maybe+all of the above? (mitch is the man!)

tsai3904
07-02-2011, 01:30 PM
Could anyone explain the text of this amendment to me?

Details of the Balanced Budget Amendment (source here (http://demint.senate.gov/public/index.cfm?p=PressReleases&ContentRecord_id=664b7cbf-78d1-4f66-8d3f-07b4482fe89c&ContentType_id=08d747dd-8c3f-4b8c-87fb-4522a138d510&1b1318b3-cb83-47e4-9ad1-749dd7a5da53&a2165b4b-3970-4d37-97e5-4832fcc68398&679aab09-c48f-4707-9255-fd28e72e3f86&57c97336-7688-4d0b-86a3-b5e80bf19840&Group_id=23378754-e19b-45e5-aa93-f1f2c95740e9&MonthDisplay=3)):

Presidential Requirement to Submit a Balanced Budget

Prior to each fiscal year, the President must transmit to Congress a balanced budget that limits outlays to 18 percent of GDP.

Requirement to Pass a Balanced Budget

With the following limited exceptions, Congress must pass a balanced budget.


Requires 2/3 of both Houses for a specific deficit for a fiscal year.
Requires a majority of Congress for a specific deficit for a fiscal year during a declared war.
Requires 3/5 of Congress for a specific deficit for a fiscal year during a military conflict declared to be “an imminent and serious military threat to national security” and the deficit must be limited to “outlays…made necessary by the identified conflict.”

18 Percent Spending Cap

With the following limited exceptions, Congress must limit outlays to 18 percent of GDP.


Requires 2/3 of both Houses for a specific excess above 18 percent for a fiscal year.
Requires a majority of Congress for a specific excess above 18 percent for a fiscal year during a declared war.
Requires 3/5 of Congress for a specific excess above 18 percent for a fiscal year during a military conflict declared to be “an imminent and serious military threat to national security” and the excess be limited to “outlays…made necessary by the identified conflict.”

Supermajority for Tax Increases

Establishes new supermajority requirement for net tax and rate increases.


Requires 2/3 of both Houses for any bill “that imposes a new tax or increases the statutory rate of any tax or the aggregate amount of revenue.”
Excludes increases in revenue resulting from tax cuts.

Supermajority to Raise the Debt Limit

Establishes new supermajority requirement for an increase in the debt limit.


Requires 3/5 of both Houses to increase the debt limit.
Requires a majority of Congress for a fiscal year during a declared war.

Congressional Enforcement and Use of Estimates

Provides for congressional enforcement and the use of estimates.

Limits on Courts

Prohibits courts from ordering revenue increases to enforce.

Effective Date

Becomes effective the fifth fiscal year after ratification.

Zippyjuan
07-02-2011, 01:55 PM
Prior to each fiscal year, the President must transmit to Congress a balanced budget that limits outlays to 18 percent of GDP.

The President can propose a budget, but it is the Congress (House of Representatives) which is given the power to actually write the spending legislation.


I would like to see all who support the Balanced Budget Amendment proposal to also submit their own plans to balance the budget. They won't because they would be forced to make unpolular cuts whch would cost them votes and probably their jobs. It is easier to talk about balancing it in the abstract without any real intent to carry it out or saying how they would get there. The Balanced Budget proposal is merely political theater. They don't really want or intend to do it- and there is a reson they don't want to offer specifics.

18% of GDP today would allow $2.5 trillion in spending today. Current tax revenues would be able to cover that, but the question would be how do you get rid of $1 trillion here without pissing off any constituents:

http://en.wikipedia.org/wiki/2010_United_States_federal_budget

The President's budget request for 2010 totals $3.55 trillion. Percentages in parentheses indicate percentage change compared to 2009. This budget request is broken down by the following expenditures:[8]
Mandatory spending: $2.173 trillion (+14.9%)
$695 billion (+4.9%) – Social Security
$571 billion (+58.6%) – Other mandatory programs
$453 billion (+6.6%) – Medicare
$290 billion (+12.0%) – Medicaid
$164 billion (+18.0%) – Interest on National Debt






Discretionary spending: $1.378 trillion (+13.8%)

$663.7 billion (+12.7%) – Department of Defense (including Overseas Contingency Operations)
$78.7 billion (−1.7%) – Department of Health and Human Services
$72.5 billion (+2.8%) – Department of Transportation
$52.5 billion (+10.3%) – Department of Veterans Affairs
$51.7 billion (+40.9%) – Department of State and Other International Programs
$47.5 billion (+18.5%) – Department of Housing and Urban Development
$46.7 billion (+12.8%) – Department of Education
$42.7 billion (+1.2%) – Department of Homeland Security
$26.3 billion (−0.4%) – Department of Energy
$26.0 billion (+8.8%) – Department of Agriculture
$23.9 billion (−6.3%) – Department of Justice
$18.7 billion (+5.1%) – National Aeronautics and Space Administration
$13.8 billion (+48.4%) – Department of Commerce
$13.3 billion (+4.7%) – Department of Labor
$13.3 billion (+4.7%) – Department of the Treasury
$12.0 billion (+6.2%) – Department of the Interior
$10.5 billion (+34.6%) – Environmental Protection Agency
$9.7 billion (+10.2%) – Social Security Administration
$7.0 billion (+1.4%) – National Science Foundation
$5.1 billion (−3.8%) – Corps of Engineers
$5.0 billion (+100%-NA) – National Infrastructure Bank
$1.1 billion (+22.2%) – Corporation for National and Community Service
$0.7 billion (0.0%) – Small Business Administration
$0.6 billion (−14.3%) – General Services Administration
$0 billion (−100%-NA) – Troubled Asset Relief Program (TARP)
$0 billion (−100%-NA) – Financial stabilization efforts
$11 billion (+275%-NA) – Potential disaster costs
$19.8 billion (+3.7%) – Other Agencies
$105 billion – Other

matt0611
07-02-2011, 02:15 PM
The President can propose a budget, but it is the Congress (House of Representatives) which is given the power to actually write the spending legislation.


I would like to see all who support the Balanced Budget Amendment proposal to also submit their own plans to balance the budget. They won't because they would be forced to make unpolular cuts whch would cost them votes and probably their jobs. It is easier to talk about balancing it in the abstract without any real intent to carry it out or saying how they would get there. The Balanced Budget proposal is merely political theater. They don't really want or intend to do it- and there is a reson they don't want to offer specifics.

18% of GDP today would allow $2.5 trillion in spending today. Current tax revenues would be able to cover that, but the question would be how do you get rid of $1 trillion here without pissing off any constituents:

http://en.wikipedia.org/wiki/2010_United_States_federal_budget

A bit off topic, but whats in the "other mandatory" programs? I've searched and searched for this but I've never found an answer.

Pro-Life Libertarian
07-02-2011, 02:41 PM
We need to out him next election.

Mr. SaggySkin is an old relic of big GOP.

tpreitzel
07-02-2011, 02:45 PM
Mitch, I'd recommend some whitener on those pearly dull teeth.

Aratus
07-02-2011, 03:12 PM
be nice to mitch. he might toss KY to Trey and retire.
pore trey WAS promiced a nice neat senate seat that
once had henry clay's gloriously patriotic buttocks on it.