As I write this, it is sequestration day. Has Obama overplayed his hand on this? He has been warning of dire consequences if sequestration is allowed to happen. Checks stop coming to those who get government payments, our military may be stranded in some far off land, and police and fire protection will cease and it is all the fault of the Republicans who refuse to compromise, or should we say, who may not cave. Most of his claims are wildly and absolutely absurd. In the first place, sequestration was HIS idea, not that of Republicans. I am sure he hoped that the effects would be a political embarrassment for the opposition, but I think the best thing that can happen is nothing . (See below for explanation.
Second, the so-called cuts are cuts in the projected rate of increase of FUTURE expenditures. Only in the rarified air of Washington DC is a decreased increase a cut. Even WITH sequestration, the budget will increase.
I believe that Democrats are getting themselves into a very bad strategic position but I'm not sure how many of them even realize it.
For several weeks they have been bemoaning how horrible life will be in America if the sequestration spending cuts go through as scheduled. Republicans in the House of Representatives already passed two measures that would help target the spending cuts better but Democrats in the Senate have done nothing and the president is too busy playing golf and shooting skeet to care.
This week, I introduced the 2013-15 biennial state budget.
We focused on our five priorities, which are creating jobs, developing our workforce, transforming education, reforming government, and investing in infrastructure. Specifically I’m proud to announce a $343 million middle-class income tax cut. Under our budget plan, you, the hardworking middle-class taxpayers, will get to keep more of the money you earn.
While reducing income taxes, we also worked to control spending to ensure the promises we make today will be able to be fulfilled in the future. The budget I proposed contains a responsible, comprehensive entitlement reform package. These programs will provide a hand up, but not a permanent hand out.
Reforming entitlements, focusing on my five main priorities, and cutting income taxes are all aimed at providing Wisconsin citizens with more prosperity, better performance, and true independence.