Thursday, June 30, 2011

Steelman: We need a balanced budget amendment

(In her second last-minute fundraising plea today, former State Treasurer Sarah Steelman, a Republican candidate for the U. S. Senate seat currently held by Claire McCaskill, rips into McCaskill.)

While the value of our homes are falling and the cost of gas and food are rising, Senator Claire McCaskill and her bosses Harry Reid and President Obama want to raise your taxes to pay for more government spending. UNBELIEVABLE!!!


As an economist, I can tell you that the spending they are addicted to and the debt they have saddled our nation with already represent a crippling amount of economic overhead. Our economy is in the ditch because we're spending money we don't have and and can never repay. What we've seen in the last few years is a complete failure of the Keynesian economic model: We can't spend our way out of a recession.

Everyone outside of Washington recognizes that now is the time to break the cycle of borrowing and spending that threaten to leave this country in worse shape than Greece. Instead of raising taxes as the Democrats are demanding here is what we need to do: Cut. Cap. Balance.

Cut: Make immediate spending reductions in both discretionary and mandatory programs to cut the deficit in half by next year.

Cap: Federal spending has historically been at 18% of GDP: we need to cap it there, with automatic spending cuts if the cap is exceeded.

Balance: We need a Balanced Budget Amendment.

Help me take this message to Washington by contributing $25 to my campaign for U.S. Senate today at sarahsteelman.com before this quarterly fundraising report is due. A $25 donation TODAY will go directly to unseating big spender Senator Claire McCaskill!

Thank you for your help!!

2 comments:

Anonymous said...

Shut up Sarah! What do you know about anything that is going on? Not much. But you're cute.

Anonymous said...

They don't want to raise my taxes because I am poor. They want to raise your taxes because you are rich and need to pay them to offset all the bogus write offs you take to keep from paying any.