(Non)Funding of the American Jobs Act: “Paid For” Doesn’t Mean Someone Else Will Find the Cuts!
Usually, when Democrats on the national level propose something that is misguided, irresponsible, stupid or – worst of all – presuming of stupidity on the listener’s part, it goes in one ear and out the other. As this item from the President’s speech Thursday night is all of the above in truckloads, however, there simply isn’t room to let it pass.
And here’s the other thing I want the American people to know: the American Jobs Act will not add to the deficit. It will be paid for. And here’s how:
The agreement we passed in July will cut government spending by about a trillion dollars over the next ten years. It also charges this Congress to come up with an additional $1.5 trillion in savings by Christmas. Tonight, I’m asking you to increase that amount so that it covers the full cost of the American Jobs Act.
So it’s funded not because the President found a new “revenue” source or because he himself made room for it in the budget by identifying cuts. It’s funded because he assigned someone else – i.e., Congress – the task of making the requisite budget cuts???
He goes on to say,
And a week from Monday, I’ll be releasing a more ambitious deficit plan -– a plan that will not only cover the cost of this jobs bill, but stabilize our debt in the long run.
Again, absolutely no specifics at this point. But you go ahead, Congress, and identify half a trillion in budget cuts for my initiative. That way, you can get the political blame for those cuts and I’ll get the praise when the initiative is implemented.
This is not the proposing of responsible policy or the sharing of a vision. It’s the exposition of a fantasy, pure and simple. No amount of Presidential spam
After the president’s jobs speech before Congress Thursday night, his staff sent out 39 e-mails to reporters, each declaring that yet another Obama ally “backs the American Jobs Act,” as the subject lines boasted.
The e-mails came within a 1-hour, 5-minute period between 8:32 p.m. and 9:37 p.m. That’s an average of one every minute and 40 seconds.
can make it otherwise.