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UPDATED: Obama Pushes for PAYGO, Taxes and Emasculation of the Military

by: Scott Martin   posted: 2009-06-10 02:12:00
Viewed 297 times. 0 Comments.

Updated below..

President Obama today announced a proposal to make "pay as you go" budgeting rules -- known as PAYGO -- law. If enacted, PAYGO would replace MAYGO (Make it up As You GO) as official government policy. Anyone else notice that Obama brought up this policy proposal only after already spending more than $1 trillion?

The President most likely does want PAYGO rules back in effect, because the sole purpose of PAYGO is to prevent tax cuts from ever taking place again and entitlements from ever being reformed. IF PAYGO were to pass, Obama would be "forced" to break his campaign promise of not raising taxes, a promise he's already broken or in the process of breaking all over the place. Besides this, the speech had some significance elsewhere.

I'll skip Obama's first seven paragraphs, because they contain too many bold-faced lies to address in the time I have available, and because I respect your intelligence enough to let you pick them up yourself. Or you can just ignore them, because they had very little to do with the point. Let's start here with Obama's one good point.

But we are also called upon to rein in deficits by addressing these and other challenges in a manner that is fiscally responsible. This, in part, requires the kind of line-by-line review of the budget that is ongoing to remove things that we don't need and make the programs we do need work more efficiently. There are billions of dollars to be saved this way.

Yes, a line-by-line review of the budget would be helpful. Unfortunately, your party, combining its hatred of all ideas Reagan with its unadulterated joy for the task of spending other people's money, prevented the line-item veto from becoming law of the land. So good luck with that.

So all told, in the next four years the deficit will be cut in half. Over the next decade, non-defense discretionary spending will reach its lowest level as a share of our national income since we began keeping records in 1962.

But we must go further, and one important step we can and must take is restoring the so-called "pay as you go" rule, or PAYGO.

The first sentence is a flat-out lie. Obama knows it, you know it, I know it... We'll let the record show in four years time just how big of a lie it was.

The next sentence shows the real purpose of Obama's speech. It's not true either, but it is at least Obama's actual desire. Obama wants to make military spending (otherwise known as the only government spending that usually serves a genuine American interest and accomplishes what it sets out to do) as small a portion of government spending as possible. It won't happen, because Obama's appearance of weakness is already making the world a more dangerous place, but the fact that it's one of the President's greatest goals should have prevented his election beforehand.

You can read the rest at the link above.

UPDATE: More on Obama's version of "pay as you go."

The "pay-as-you-go" budget formula plan is significantly weaker than a proposal Obama issued with little fanfare last month.

It would carve out about $2.5 trillion worth of exemptions for Obama's priorities over the next decade. His health care reform plan also would get a green light to run big deficits in its early years. But over a decade, Congress would have to come up with money to cover those early year deficits.

So it's "pay as you go," not "pay as Obama goes." If Congress or the American people want something, they must increase taxes. If Obama wants something, presumably we print more money. Of course Congress would have to eventually make it up. Yeah, that usually happens.

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