Catch 22
ERNEST F. HOLLINGS, former U. S. senator
JULY 15, 2011 -- Congressman Jeb Hensarling just stated on Morning Joe that the problem is too much spending. On the contrary, the problem is not paying for too much spending. Even Bill O'Reilly understands the problem. He has suggested a 1% national sales tax to pay down the debt.
When we had a balanced budget, Congressman Eric Cantor voted for a loss of revenues from the Bush tax cuts. He voted for the wars in Iraq, Afghanistan and Pakistan without paying for them. President Obama approved the loss of revenues with tax cuts and refused to pay for the wars in Iraq, Afghanistan and Pakistan. Now after eleven years of not paying for wars and loss of revenue from tax cuts, Cantor and Obama want to balance the budget. Cantor insists we can balance with spending cuts alone. Tax cuts cost the budget $4 trillion in eleven years. Defense, State Department contractors, and CIA bribes have cost the budget $3 trillion in eleven years. Ask Cantor to give us his $7 trillion in spending cuts.
Grover Norquist isn't the only lobbyist in Washington. There are hundreds of lobbyists responsible for the financing of Congressmen and Senators. For thirty-eight years my main concern was textiles. Textiles had my support and textiles (until they turned Republican) supported me. Members of Congress will always respond to their District or State's interest. But we can't outsource our ability to pay for government with pledges such as the Norquist pledge. The solution to this problem is to limit spending in Federal campaigns so that lobbyists will be limited in influence, and Members of Congress will have time to work for the people. Congress limited spending in 1971 and 1973 to so-much per registered voter, and President Richard Nixon signed the Acts into law. Our intent was to prevent the rich from buying the office. But the Supreme Court in Buckley vs. Valeo disregarded our intent and now one has to get rich in order to run for office.
http://www.citizensforacompetitiveamerica.com/index.htm