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Thread: Rand forces Senate on record for balanced budget

  1. #1

    Thumbs up Rand forces Senate on record for balanced budget

    From a press release:



    Dr. Rand Paul Forces Senate on the Record on Balanced Budget

    WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY) forced the U.S. Senate to go on the record on fiscal responsibility with a vote on his “Penny Plan” balanced budget. Ultimately, 20 senators stood with Dr. Paul to get Congress’ spending under control, while 76 senators voted to continue trillion-dollar deficits.

    “[T]he bottom line is whether the debt is threatening our national security, whether it’s threatening the security and the economic foundation of our country, and I think without question it is. This vote is a litmus test for conservatives. Are you a conservative? Do you think we can cut one penny out of every dollar? I think it is a conservative notion that we have long said we are for. Now it’s time to step up to the plate and actually vote what you say you stand for,” Dr. Paul said on the Senate floor shortly before the vote.


    You can watch Dr. Paul’s speeches on the Senate floor HERE and HERE.



    Introduced in April, Dr. Paul’s budget would have balanced within five years, without touching Social Security, by restoring spending to pre-Bipartisan Budget Act of 2018 levels and utilizing the “Penny Plan.” His proposal also included instructions that would have paved the way for the expansion of Health Savings Accounts (HSAs) to help Americans more easily cover their health care costs.

    You can read Dr. Paul’s budget HERE, and you can find more information below.

    Dr. Rand Paul’s Balanced Budget:


    • Senator Paul’s budget simply states that for every on-budget dollar the federal government spent in FY18, excluding the BBA, it spend one penny less for the next five years (at which point balance is reached), with spending then growing at one percent thereafter.



    • Reduces spending by $404.8B in FY19 and by $13.35T over 10 years relative to baseline.



    • On total, spending still increases by 14.6 percent over the 10-year window. Only in Washington could a 14.6 percent increase be characterized as a “cut.”



    • This budget balances without making any changes to Social Security.



    • This budget makes no specific policy assumptions. All the savings are reflected in a new budget function - 930: New Efficiencies, Consolidations, and Other Savings. This budget sets a goal of balance and then calls on Congress to use the tools provided to make the changes in law needed to achieve that objective.


    The BBA of 2018


    • The Bipartisan Budget Act of 2018 raised the defense and non-defense discretionary spending caps imposed by the Budget Control Act of 2011 at a cost of nearly $300 billion. With federal debt over $21 trillion, the negative impact of borrowing for this spending outweighs any benefit derived from it.


    Expands Health Savings Accounts


    • Provides reconciliation instruction to reduce revenue by $18.6 billion to Senate Finance to allow for expanded HSAs.



    • Expansion would allow patients to save for their entire out-of-pocket costs and use HSAs to pay premiums, while also widening eligible disbursements to include supplements, over-the-counter medicine, and other activities that promote wellness and reduce the overall cost of health care.


    Reconciliation and Budget Process Reform


    • Provides reconciliation instructions to each committee with mandatory spending in its jurisdiction, as was the original purpose of reconciliation, ensuring every committee plays a part and has skin in the game. This is a departure from the recent practice of using reconciliation’s privileged process to “filibuster-proof” different policy priorities instead of bringing existing spending, revenue, and debt-limit laws in line with the budget resolution’s articulation of fiscal priorities.



    • Raises the threshold of waiving budget points of order. The Senate now operates on a 60-vote threshold to pass legislation, meaning that, under existing constructs, if the votes exist to pass a bill, they are also there to waive a budget point of order. Raising the threshold says that fiscal responsibility needs to be taken seriously and have a higher standard - but not so high as to be unreasonably onerous.



    • In years in which Congress does not adopt a budget, the spending totals of the corresponding year of the most recently passed budget would be enforced. This proposal also makes budget function totals enforceable. It recognizes that the existing budget functions are meant to serve as portfolios, and it calls on Congress to weigh objectives against each other instead of programs.



    • Recommends several new points of order: against providing appropriations to a program not already authorized in law, as well as doing so in excess of authorized amounts; a surgical point of order against new duplication; and a point of order against any piece of legislation that contains funding subject to more than three 302(b) allocations.


    ###
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst



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  3. #2

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    Who were the traitors?
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  4. #3

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    Quote Originally Posted by dannno View Post
    Who were the traitors?
    Yeah, who were the Flakes?

    ETA: Turns out Flake voted right on this one.
    Last edited by kcchiefs6465; 05-17-2018 at 11:35 AM.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  5. #4

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    The proposed budget would seem to be a relatively painless solution to the dept problem... yet 76 of those mutha-F'ers would actually go on record to continue to break this country. Is there a tally of the votes to show who voted yay or nay?

    Last edited by shakey1; 05-17-2018 at 11:34 AM.

    Don't need a weather man to know which way the wind blows

  6. #5

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    Yeas
    Barrasso (R-WY)
    Cornyn (R-TX)
    Crapo (R-ID)
    Cruz (R-TX)
    Daines (R-MT)
    Enzi (R-WY)
    Ernst (R-IA)
    Fischer (R-NE)
    Flake (R-AZ)
    Grassley (R-IA)
    Johnson (R-WI)
    Kennedy (R-LA)
    Lankford (R-OK)
    Lee (R-UT)
    Moran (R-KS)
    Paul (R-KY)
    Risch (R-ID)
    Rubio (R-FL)
    Sasse (R-NE)
    Scott (R-SC)
    Toomey (R-PA)

    Nays
    Alexander (R-TN)
    Baldwin (D-WI)
    Bennet (D-CO)
    Blumenthal (D-CT)
    Blunt (R-MO)
    Boozman (R-AR)
    Brown (D-OH)
    Burr (R-NC)
    Cantwell (D-WA)
    Capito (R-WV)
    Cardin (D-MD)
    Carper (D-DE)
    Casey (D-PA)
    Cassidy (R-LA)
    Collins (R-ME)
    Coons (D-DE)
    Corker (R-TN)
    Cortez Masto (D-NV)
    Cotton (R-AR)
    Donnelly (D-IN)
    Durbin (D-IL)
    Feinstein (D-CA)
    Gardner (R-CO)
    Gillibrand (D-NY)
    Graham (R-SC)
    Harris (D-CA)
    Hassan (D-NH)
    Hatch (R-UT)
    Heinrich (D-NM)
    Heitkamp (D-ND)
    Heller (R-NV)
    Hirono (D-HI)
    Hoeven (R-ND)
    Hyde-Smith (R-MS)
    Inhofe (R-OK)
    Isakson (R-GA)
    Jones (D-AL)
    Kaine (D-VA)
    King (I-ME)
    Klobuchar (D-MN)
    Leahy (D-VT)
    Manchin (D-WV)
    Markey (D-MA)
    McCaskill (D-MO)
    McConnell (R-KY)
    Menendez (D-NJ)
    Merkley (D-OR)
    Murkowski (R-AK)
    Murphy (D-CT)
    Murray (D-WA)
    Nelson (D-FL)
    Perdue (R-GA)
    Peters (D-MI)
    Portman (R-OH)
    Reed (D-RI)
    Roberts (R-KS)
    Rounds (R-SD)
    Sanders (I-VT)
    Schatz (D-HI)
    Schumer (D-NY)
    Shaheen (D-NH)
    Shelby (R-AL)
    Smith (D-MN)
    Stabenow (D-MI)
    Sullivan (R-AK)
    Tester (D-MT)
    Thune (R-SD)
    Tillis (R-NC)
    Udall (D-NM)
    Van Hollen (D-MD)
    Warner (D-VA)
    Warren (D-MA)
    Whitehouse (D-RI)
    Wicker (R-MS)
    Wyden (D-OR)
    Young (R-IN)
    Last edited by kcchiefs6465; 05-17-2018 at 11:36 AM.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  7. #6

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    McCain (R-AZ), Not Voting - chicken $hit.

    Don't need a weather man to know which way the wind blows

  8. #7

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    All 20 of the Yeas were Republicans.

  9. #8

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    Keep in mind from their perspective this vote was symbolic.

    No one seriously thought it would pass, so many Republican bad guys thought that they were ok to vote for it. If there was a chance it would pass I am willing to bet that most of the same would not have voted for it (aka Rubio, Cornyn, etc)
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst

  10. #9

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    Quote Originally Posted by Matt Collins View Post
    Keep in mind from their perspective this vote was symbolic.

    No one seriously thought it would pass, so many Republican bad guys thought that they were ok to vote for it. If there was a chance it would pass I am willing to bet that most of the same would not have voted for it (aka Rubio, Cornyn, etc)
    And people think there's hope...
    AF, sleeping in a waterbed does not make you a sailor.

  11. #10

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    (Yeah, it is only a symbolic election year "I voted for a balanced budget" ploy)

    So where were the cuts to actually come from? First year requires $405 billion from this (and then another $350 billion cut from the same pie the next year with another year yet to go)- Trump wants even more for defense spending:

    Last edited by Zippyjuan; 05-17-2018 at 01:00 PM.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  12. #11

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    Quote Originally Posted by Zippyjuan View Post
    (Yeah, it is only a symbolic election year "I voted for a balanced budget" ploy)

    So where were the cuts to actually come from? First year requires $405 billion from this (and then another $350 billion cut from the same pie the next year with another year yet to go)- Trump wants even more for defense spending:

    1% of 4 trillion is 40 billion, not 400 billion.

    400 billion would be a ten percent cut.

    Without reading the specifics of the bill, the 404 billion saved spoke of is probably referring to cutting 1% (and negating the 6% increases).

    And with all that said, Education, Housing and Community, Government, Health, take 400 billion from the Military, International Affairs, Energy and Environment, Unemployment and Labor... and we might just come close to being governed by a Constitutional government.

    From there cut it in half.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  13. #12

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    Quote Originally Posted by Matt Collins View Post
    Keep in mind from their perspective this vote was symbolic.

    No one seriously thought it would pass, so many Republican bad guys thought that they were ok to vote for it. If there was a chance it would pass I am willing to bet that most of the same would not have voted for it (aka Rubio, Cornyn, etc)
    Yep. If it looked like it was going to pass, I'd expect more like 98-2 (Rand and Lee).

    Anyway, at least some half of the GOP Senators are now on record voting against this.

  14. #13

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    Quote Originally Posted by kcchiefs6465 View Post
    1% of 4 trillion is 40 billion, not 400 billion.

    400 billion would be a ten percent cut.

    Without reading the specifics of the bill, the 404 billion saved spoke of is probably referring to cutting 1% (and negating the 6% increases).

    And with all that said, Education, Housing and Community, Government, Health, take 400 billion from the Military, International Affairs, Energy and Environment, Unemployment and Labor... and we might just come close to being governed by a Constitutional government.

    From there cut it in half.
    Thanks. I was reading this:

    Reduces spending by $404.8B in FY19 and by $13.35T over 10 years relative to baseline.
    Still won't add up. Cutting one percent won't get you $1 trillion in spending reductions (estimated annual deficits in the forseeable future) over five years years. Interest on the debt alone could eat up more than that. But yeah, it isn't a serious attempt to balance the budget. If they were serious about it, they should have voted against the tax cuts.

    spend one penny less for the next five years (at which point balance is reached),
    $4.1 Trillion budget in year one. Deficit $1 trillion (estimated). Cut spending one percent. (assuming tax revenues stay the same- the tax cuts may reduce tax revenues).
    $4.06 trillion spending year 2. Deficit $994 billion.
    $4.02 trillion spending year 3. Deficit $990 billion.
    $3.98 trillion spending year 4. Deficit $986 billion.
    $3.94 trillion spending year 5. Deficit $982 billion. This is the year it is claimed to balance. A farce.

    But it is good politics- they claim they voted for a balanced budget- even though the deficit is still around $1 trillion every year.
    Last edited by Zippyjuan; 05-17-2018 at 08:23 PM.
    Quote Originally Posted by NorthCarolinaLiberty View Post

    Half the crap I write here is just to entertain myself.
    I am Zippy and I approve of this post. But you don't have to.

  15. #14

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    This bill should have been named The Drunken Sailor Bill - should our government spend less than a drunken sailor?

    No offense to real sailors.
    What is the punishment for the attempted murder of freedom on earth? 👁👁

  16. #15

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    Quote Originally Posted by Matt Collins View Post
    Keep in mind from their perspective this vote was symbolic.

    No one seriously thought it would pass, so many Republican bad guys thought that they were ok to vote for it. If there was a chance it would pass I am willing to bet that most of the same would not have voted for it (aka Rubio, Cornyn, etc)
    Rand sucks at Politics 101. Amirite?
    Theye have refused their Assent to Laws, the most wholesome and necessary for the public good.

    Theye have erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

    Theye kept among us, in times of peace, Standing Armies

    Theye have combined with others to subject us to a jurisdiction foreign to our constitution,

    For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

    For cutting off our Trade with parts of the world:

    For imposing Taxes on us without our Consent:

    For depriving us in many cases, of the benefit of Trial by Jury:

    Theye plundered and destroyed the lives of our people.

    Theye are at this time transporting Armies of Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy of a civilized nation.

  17. #16

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    Conservative Georgia Representing!



    NOT.one.JOT
    The bigger government gets, the smaller I wish it was.

  18. #17

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    Quote Originally Posted by phill4paul View Post
    Rand sucks at Politics 101. Amirite?
    Sometimes yes, sometimes no.
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst

  19. #18

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    Quote Originally Posted by Matt Collins View Post
    Sometimes yes, sometimes no.
    I thinking about doing a money-bomb so you can get a bus ticket to go see him and explain Politics 101 to him. If we did could you find the time?
    Theye have refused their Assent to Laws, the most wholesome and necessary for the public good.

    Theye have erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

    Theye kept among us, in times of peace, Standing Armies

    Theye have combined with others to subject us to a jurisdiction foreign to our constitution,

    For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

    For cutting off our Trade with parts of the world:

    For imposing Taxes on us without our Consent:

    For depriving us in many cases, of the benefit of Trial by Jury:

    Theye plundered and destroyed the lives of our people.

    Theye are at this time transporting Armies of Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy of a civilized nation.






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