House Democratic Budget Focuses On Infrastructure And Job Creation, Reduces Deficit By $1.7 Trillion

20 days after automatic sequestration cuts went into effect, Congress is still trying to reconcile House Republicans’ and Senate Democrats’ budget proposals. On Wednesday, House Democrats introduced their own vision for the federal budget, promising to balance the budget by 2040 without the draconian spending cuts proposed by the GOP, while offering double the stimulus funding in the Senate Democratic plan.

The House Democrats’ budget, authored by Rep. Chris Van Hollen (D-MD), includes $1.2 trillion in revenues and reduces the deficit by $1.7 trillion, slightly less than the Senate’s goal of $1.85 trillion. Other highlights include:

$200 billion in stimulus. Like the Senate budget, House Democrats set aside $50 billion for urgent infrastructure repairs, but sets aside an additional $10 billion to establish an infrastructure bank. Borrowing from President Obama’s blocked American Jobs Act, the House budget surpasses the Senate’s on funding to boost employment for teachers, police officers, firefighters, and veterans. $19 billion is also set aside as a tax credit for businesses that increase their payroll.

A focus on job growth. The Century Foundation estimates Van Hollen’s budget would boost GDP growth by .4 percent and add roughly 450,000 jobs more than under current policy in 2013, while cancelling sequestration would add even more. The House GOP budget, in turn, would keep sequestration in place, eliminating 750,000 jobs in 2013 and more than 2 million in 2014. Compared to the House GOP budget, Van Hollen’s budget would boost GDP 1.8 percent and add more than 2.1 million jobs by 2014.

Protection for the safety net. While the Republicans’ plan would end the guaranteed Medicare benefit, privatize health insurance for seniors and turn Medicaid into a block grant program run by the states, the House Democrats affirms protections for Medicare, Medicaid and Social Security.

Elimination of tax breaks for millionaires. Van Hollen’s budget permanently extends Bush tax cuts for the middle class while generating $1 trillion in new revenue by ending tax cuts and closing loopholes that benefit the wealthiest Americans. It also includes a “Buffet Rule” to ensure millionaires do not pay lower tax rates than the middle class.

The House Republicans’ plan purports to balance the budget in 10 years through severe spending cuts, though they would have to raise taxes on the middle class in order to pay for the tax cuts for millionaires without adding to the deficit.

The Democratic budget still cuts $80 billion from government programs. As multiple studies have noted, the past 3 budget deals have been dramatically skewed towards spending cuts, to the extent that the next deal should be 90 percent comprised of new tax revenues in order to round out a balanced deficit reduction plan.

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Communists, Cop-Killers, and Cocaine: Why the Washington Post Focuses on Romney Instead

Let's Focus on Undocumented Fifty Year Old Events Because Otherwise We'll Have To Talk About The Economy

Now this is just silly. The Washington Post can’t be bothered to worry about Barack Obama’s college years, college transcripts, communist friends, cocaine use, or cop-killing plotters in whose living room he first launched his major political career, but they can get in the really way back machine to 1965 and Mitt Romney’s high school years.

Mitt Romney cut a hippy’s hair at his preparatory high school. A day after Barack Obama caved on gay marriage, the Washington Post “coincidentally” says Mitt Romney cut the hair of a boy who “was perpetually teased for his nonconformity and presumed homosexuality.”

Let’s leave out the fact that the kid who got his haircut was subsequently thrown out of school for smoking one cigarette, but we’re to believe that the assailants of his hair, witnessed by many, were ignored. Oh, and the guy who got is hair cut never, ever, ever mentioned it, including to family, and died in 2004 so it can’t be verified. But a handful of students who now probably support Barack Obama have a crystal clear memory of events from 50 years ago. The people who were adults at the time of the incident and still alive have no memory of it, but remember Romney and said he was never a disciplinary problem.

N*gg*rhead rock, anybody?

After four years of ignoring Barack Obama’s bullying of religious groups and others from inside the White House, it’s fair game to go after Mitt Romney as a supposed high school bully.

I guess we won’t hear the left whining any more when we mention Barack Obama eating a dog since, as they are quick to point out, he was a kid when it happened.

We have now had more in depth examination of Mitt Romney by the Gang of 500 than of Barack Obama.

We do not really know much about Barack Obama’s constituent record in the Illinois Legislature.

We still don’t know his college transcripts.

We still don’t know what exactly he did for ACORN in his community organizing time.

We still don’t know all the details about the depth of the cocaine use Barack Obama admitted to in his book. Likewise, we know very little about his drug use in high school beyond just a few lines of reporting from 2007.

We know very little, outside of his own autobiographical spin, about how he overcame his rage at white people — something he wrote about, but again, as a politician in an autobiography.

We still don’t know about just how many communists Barack Obama chose to surround himself with.

We still know very little about Barack Obama’s ties to Bill Ayers and the media sure hates to talk about Barack Obama getting his major political start in Bill Ayers’ living room.

But the press is perfectly happy to go back several decades to tell us every salacious detail about Mitt Romney the teenager.

This reminds me of 1992 all over again. The George H. W. Bush team wanted to go focus on Bill Clinton the draft dodger from Vietnam because they couldn’t fight on the economy. Unlike 1992, Barack Obama has the media doing it for him.

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