Comments on: The route to a real budget deal http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: upstater http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-71029 Wed, 27 Feb 2013 21:57:38 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-71029 Why does Reuters give a Petersen Institute shill space? Shouldn’t this be paid advertising for the billionaire class?

The Grand Bargain is nothing more than taking earned benefits from the elderly and transferring those benefits to corporations.

This problem would go away if (1) deferred compensation, capital gains and carried interest were taxed as ordinary income, (2) FICA was applied to ALL income at lower rates and (3) progressive income tax at Eisenhower-era rates (indexed to inflation) were re-instituted, (5) single-payer health care was instituted and (5) the US cut military and security spending to OECD levels.

Walker is a shill for billionaires. Dump this guy — he has nothing to say that you can’t get from Koch brothers or AEI.

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By: tmc http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-71016 Tue, 26 Feb 2013 20:38:12 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-71016 I hope Mr. Walker and his supporters are successful. I don’t believe they will be though. The only way to “save” the US government is to hold a public vote to put term limits on Congress and the SCOTUS, and a second vote on the ballot for campaign finance reform. Without those two thing, nothing can safely be “fixed” past the next election cycle.

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By: breezinthru http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-71004 Tue, 26 Feb 2013 09:02:42 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-71004 American citizens elect their government, charging them with the duty to govern. Managing the expenses of operating government is one of the most fundamental expectations of the job.

If they are incapable of performing that duty in a timely fashion, they shouldn’t just get their pay nicked. They should be tarred and feathered and forced to resign en masse.

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By: AJ876 http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-70999 Tue, 26 Feb 2013 05:05:45 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-70999 I dislike big leftist journalists.

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By: ptiffany http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-70990 Mon, 25 Feb 2013 19:09:07 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-70990 You’re kidding, right? This comes across as impossibly naive or an attempt at satire. It certainly is desperate.

If you want to open up the channels of legislative action that supports the general welfare, pass a bill that prevents legislators and their staffs from joing the ranks of the lobbyists at any time within two years after they leave office or their positions. The definition of lobbying activity would have to be broad enough to catch activities like that of the ex Speaker of the House who claimed to provide “historical advice” to Fannie Mae, certainly not “lobbying”.

Congress is so good at turning what would otherwise be criminal activity into something “legal” for them. The writing of IOUs – never to be repaid – against the Social Security and Highway “Trust” Funds would be considered embezzlement in the private sector.

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By: COindependent http://blogs.reuters.com/great-debate/2013/02/25/the-route-to-a-real-budget-deal/#comment-70988 Mon, 25 Feb 2013 16:33:08 +0000 http://blogs.reuters.com/great-debate/?p=18286#comment-70988 What you describe as a penalty is merely a postponement–as under the current model they are reimbursed for lost compensation once a bill is pass. That dilutes the pain.

If you want real teeth in this proposition, nick them the full 30 days compensation for both the Senator (Representative) AND their staffs. They would lose a full month’s salary for each month (e.g. April 16, May 15, June 15, etc.) a budget is not approved and submitted to the President for signature. And when I say “lose their salary” I mean it–no reimbursement after the fact!

Let each Senator and Representative explain to both their staff, and their spouse back home, that they are not getting paid this month because they are incapable of getting the job done.

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