Dear Patriot,
Greetings to our constituents, fellow Floridians, and all Americans, I have spent the last day recovering from my Saturday half-marathon- the last one of the season. I truly enjoy being out with fellow South Floridians who know their health is a personal matter and also run to support causes for those not as fortunate as this is the essence of being an American!
I suppose that is why I reject the assertion of government dictating edicts of “shared sacrifice” and “fair share” as they are not in a position to be the arbiters of fairness. Americans believe in equality of opportunity and shun the premise of a bureaucratic nanny-state promoting a policy of equality of achievement.
That is why I was absolutely appalled at the horrific Fiscal Year 2013 budget proposal from President Barack Obama released last week. His budget vision does nothing to promote and enhance the American dream of opportunity. What his budget does is endanger the promise that all of us want for our children and grandchildren — fiscal security.
The President’s budget brings about $47 trillion of new Federal Government spending over the next 10 years. It will increase our federal debt to $25.9 trillion by the end of Fiscal Year 2022. It means that we shall have added $10.6 trillion in new debt, resulting in debt payments alone of $5.7 trillion in Fiscal Year 2013-2022.
In the immediate term, President Obama is asking for $3.8 trillion in government spending for Fiscal Year 2013, $1.9 trillion in higher taxes, and $1.1 trillion in debt held by the American citizen. This totals $48,000 for each and every one of us in America. By year’s end, America will be in debt to the tune of $16.3 trillion, equating to a debt to GDP ratio of 106.2%.
Now, I know there are people who are reading this update who will always defend the President’s policies, but I challenge any of you to defend this clear and present danger to the future of the American Republic. This is not an “economy that is built to last” this is an “economic vision that is built to destroy” any chance for our children to have the highest quality American standard of living.
The politics of demagoguery dividing America will only hasten our eventual demise. The Keynesian economic philosophy of tax and spend of which President Obama and other liberal progressives subscribe will not lift us to new economic heights. We are crushing hardworking American taxpayers and retarding the incentive for Americans to strive for a better life.
The indomitable entrepreneurial spirit of the American innovator and worker must be unleashed with tax, regulatory, monetary, and fiscal policies that enable investment and ingenuity. It is intellectually dishonest to compare personal income tax rates to capital gains tax rates to justify raising capital gains from 15 percent to 30 percent. The resulting effect on investment in America will be catastrophic. Government has no responsibility to select the winners and the losers by manipulating tax policy, and certainly should not be funneling taxpayer funds to political cronies for its own ideological agenda.
President Obama stated by the end of his first term, he would cut the deficit in half. We are instead on our fourth straight year of trillion dollar plus deficits: $1.42 trillion, $1.29 trillion, $1.3 trillion, and an estimated $1.3 trillion for this year. Please, don’t tell me about what was “inherited.” Continual excuses are indicative of a person who takes no responsibility for his actions.
Payroll tax cut? Please America, see this for the politicized gimmick it really is and do not allow yourself to be bribed over a short term $40. We are destroying Social Security as well as American homeowners who will be seeing a $9,000-$10,000 increase in loan guarantee fees to fund this one-year extension.
Lastly, as we hear testimony from our military on the Fiscal Year 2013 National Defense Authorization (NDA), all I can think about is the volatility across the world. Here we are in economic straits and we send $1.2 billion in aid to a Muslim Brotherhood-controlled Egypt now holding 19 Americans hostage. Their sheer gall of declaring a threat to our ally, Israel, if we cut off aid, makes my blood boil.
Reports are that the Iranian Revolutionary Guard forces are now operating in Syria. Consider if we had maintained a credible American military force in Iraq as an external cordon along the borders with Syria and Iran, as well as in Kurdistan. Would this situation be so dire?
Elections have consequences.
Steadfast and Loyal,
