Most will never hear this. Fact is, what needs to be hear at the 8min mark, for sure won't be heard!
We have massive beaurocratic duplication - listen to it. For instance, inside FEMA, a department of HS, there are 17 different agencies at work for disaster relief. CRAZY!
At 10:30min Senator John Kerry jumps in with flattery and then says we have to have more "revenue" income....TAXES people. Really, his comment was a waste of oxygen and Coburn comes back in for reclaiming his time.
Here is somewhat his closure: "There has been a failure of leadership...and when we (Repubs) didn't do it either." And further:
"There are absolutely no cuts in what either Senator Reid or Speaker Boehner proposed in discretionary spending. The spending will rise $832 billion over the next 10 years in the discretionary accounts. Only in Washington is that a cut. Quite frankly, I am willing to work with my colleagues. I have been out there. I said we have to move and eliminate some of these loopholes; we have to reform the Tax Code. I am willing to take heat from my side on that"
He calls for a sacrifice of the American people. Immediate hurt and cuts. On the down-side less, but a stronger economy either way.
What is unfortunate is Dr. Tom Coburn will not be running in 2016 because he promised he wouldn't be. He is a true statesman (as he just mentioned most in Congress are not) and he gets laughed at. John Kerry further jumps in, clearly wanting his partisan desires. Coburn says that these partisan things are not working.
What was not called for is a Budget Amendment. I believe this is the only tidbit that was not mentioned. Now, I realize, at this moment, we probably can't get a BBA, but we need to be shooting for it.
Showing posts with label Coburn. Show all posts
Showing posts with label Coburn. Show all posts
Sunday, July 31, 2011
COBURN: EPIC GOVT FAIL
Just consider these for a while from Coburn's speech this weekend:
Medicare. "Medicare Part A trust fund. Worst-case scenario this year to 2016. That is the fund that solves and pays for hospitalizations for our seniors...The average Medicare recipient paid $130,000 into Medicare. The average Medicare recipient takes $350,000 out. How long do we think that can continue? How long can we continue to tell seniors that we can continue a program based on its utilization rates, based on its reimbursement rates, based on the tax rates, that has a $220,000 difference between what goes out in benefits versus what comes in? It is broke"
Medicaid. "Medicaid is broke. The reason it is broke is because the States are broke trying to take care of it. We mandate what they must do, and yet the States are choking on Medicaid, and we are choking on matching the amount of dollars. Under the Affordable Care Act, it is now estimated 25 million more people will go into Medicaid. So it is broke"
U.S. Census Bureau. "The Census was broke before it started. It cost twice what it did 10 years ago, $8 billion more than what was estimated"
Fannie and Freddie. "We know they are broke. They are $190 billion--that you have now committed for, to pay to get them out of hock--Congress created that $190 billion. That is where we are today. It is going to be $300 or $400 billion that we have to pay--we will be required to pay, citizens of this country"
Social Security. "People say it is not broke. We have $2.5 trillion worth of IOUs. Well, the fact is, that money is gone. Congress stole it, spent it on other things. Now we lack the ability to go into international financial markets to borrow that money to put that trust fund whole"
U.S. Post Office. "The U.S. Post Office is bleeding every day. Yet we have not fixed it. We are going to do a gimmick to buy some time. But the fact is, we have set it up under a system when they negotiate labor contracts under the arbitration system. They cannot consider the financial health of the Post Office. That would be like paying somebody to mow your grass and saying, they will set the price on it and you cannot negotiate what the price is. Yet they are going to lose $8 to $10 billion this year and more every year going forward, and we have not fixed it, not done anything"
Cash for Clunkers. "When you look at the dollars--and the home buyer program, the new home buyer program--they actually had a negative effect on the economy. That is what the studies show now. So we blew through all of that money.
Federal Highway Trust Fund. "The highway trust fund--what is used to build highways and roads and bridges in our country--is broke. We are looking for $13 billion to try to make it whole, and all we did was transfer the last 3 years to that. Rather than reform it, we did not do anything about it"
Federal Health Care Law. "The new government-run health care program. Here is what we know. The new studies show that over half of the employers in this country will drop their insurance for the people who presently have insurance at work. Hundreds of billions of dollars of additional taxpayer money is going to be required to subsidize the exchanges those people are going to go into, because the penalty for dropping somebody's insurance is economically too low to keep employers from doing that"
Medicare. "Medicare Part A trust fund. Worst-case scenario this year to 2016. That is the fund that solves and pays for hospitalizations for our seniors...The average Medicare recipient paid $130,000 into Medicare. The average Medicare recipient takes $350,000 out. How long do we think that can continue? How long can we continue to tell seniors that we can continue a program based on its utilization rates, based on its reimbursement rates, based on the tax rates, that has a $220,000 difference between what goes out in benefits versus what comes in? It is broke"
Medicaid. "Medicaid is broke. The reason it is broke is because the States are broke trying to take care of it. We mandate what they must do, and yet the States are choking on Medicaid, and we are choking on matching the amount of dollars. Under the Affordable Care Act, it is now estimated 25 million more people will go into Medicaid. So it is broke"
U.S. Census Bureau. "The Census was broke before it started. It cost twice what it did 10 years ago, $8 billion more than what was estimated"
Fannie and Freddie. "We know they are broke. They are $190 billion--that you have now committed for, to pay to get them out of hock--Congress created that $190 billion. That is where we are today. It is going to be $300 or $400 billion that we have to pay--we will be required to pay, citizens of this country"
Social Security. "People say it is not broke. We have $2.5 trillion worth of IOUs. Well, the fact is, that money is gone. Congress stole it, spent it on other things. Now we lack the ability to go into international financial markets to borrow that money to put that trust fund whole"
U.S. Post Office. "The U.S. Post Office is bleeding every day. Yet we have not fixed it. We are going to do a gimmick to buy some time. But the fact is, we have set it up under a system when they negotiate labor contracts under the arbitration system. They cannot consider the financial health of the Post Office. That would be like paying somebody to mow your grass and saying, they will set the price on it and you cannot negotiate what the price is. Yet they are going to lose $8 to $10 billion this year and more every year going forward, and we have not fixed it, not done anything"
Cash for Clunkers. "When you look at the dollars--and the home buyer program, the new home buyer program--they actually had a negative effect on the economy. That is what the studies show now. So we blew through all of that money.
Federal Highway Trust Fund. "The highway trust fund--what is used to build highways and roads and bridges in our country--is broke. We are looking for $13 billion to try to make it whole, and all we did was transfer the last 3 years to that. Rather than reform it, we did not do anything about it"
Federal Health Care Law. "The new government-run health care program. Here is what we know. The new studies show that over half of the employers in this country will drop their insurance for the people who presently have insurance at work. Hundreds of billions of dollars of additional taxpayer money is going to be required to subsidize the exchanges those people are going to go into, because the penalty for dropping somebody's insurance is economically too low to keep employers from doing that"
COBURN TAKES THE HEAT
Say what you want to say about the Gang of Six and Tom Coburn. They may not have been all that or were too much ... depending on how you view them; but, Senator Coburn-OK, he is trying to shoot straight! Unfortunately, we aren't geting this in the Media or from most in DC. Watch his speech.
Speech highlights...
"You have heard the debate in the House, in the Senate, of a spending cut. And, of course, that goes to what the heart of the problem is in our country; words get twisted around to the advantage of the politicians but to the disadvantage of the American citizens. We are in trouble financially. Most people will agree with that. We have programs that are in difficult straits"
"There are absolutely no cuts in what either Senator Reid or Speaker Boehner proposed in discretionary spending. The spending will rise $832 billion over the next 10 years in the discretionary accounts. Only in Washington is that a cut. Quite frankly, I am willing to work with my colleagues. I have been out there. I said we have to move and eliminate some of these loopholes; we have to reform the Tax Code. I am willing to take heat from my side on that"
"We need to freeze the size of this government. We cannot afford the government we have. The debate is about what will happen in the future. What will be the revenue increases and the spending increases? Nobody is talking about decreasing the size of the Federal Government. We can't afford this government. We can't afford to continue to spend the money we are spending"
Speech highlights...
"You have heard the debate in the House, in the Senate, of a spending cut. And, of course, that goes to what the heart of the problem is in our country; words get twisted around to the advantage of the politicians but to the disadvantage of the American citizens. We are in trouble financially. Most people will agree with that. We have programs that are in difficult straits"
"There are absolutely no cuts in what either Senator Reid or Speaker Boehner proposed in discretionary spending. The spending will rise $832 billion over the next 10 years in the discretionary accounts. Only in Washington is that a cut. Quite frankly, I am willing to work with my colleagues. I have been out there. I said we have to move and eliminate some of these loopholes; we have to reform the Tax Code. I am willing to take heat from my side on that"
"We need to freeze the size of this government. We cannot afford the government we have. The debate is about what will happen in the future. What will be the revenue increases and the spending increases? Nobody is talking about decreasing the size of the Federal Government. We can't afford this government. We can't afford to continue to spend the money we are spending"
Thursday, December 16, 2010
Coburn Tries to Offset Expense of Unemployed
Coburn tried to compromise with cuts to other programs and got shot down 52-47. How does the "tax cut bill" pass 81-19 and Coburn is left hanging on an amendment that supports what people are saying out here? Only needed SIX more votes on Coburn's Amendment for it to have passed!
The above cartoon speaks loudly. Sorry for the poor quality....maybe we should get used to poor mindset - the government is sending us there quickly.
Cartoon and support from Daily Oklahoman, 12/15/10.
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