Dardenne has so far raised $650,000 for his re-election campaign
Take the Debt Ceiling Poll at the bottom of this article
CheronBrylski has passed on some bad news. The local political scene will be less colorful with the passing of Robert Berning. Berning produced many winning commercials including one for Ray Nagin who ultimately became the Mayor of New Orleans. Here's the link to his company: http://www.berning.com/
House Natural Resources Committee Chairman Doc Hastings today released a YouTube video unveiling discussion draft legislation to reorganize and reform the Interior Department’s offshore energy oversight. The draft proposal officially abolishes the Minerals Management Service to create three separate agencies and establishes a new Under Secretary of Energy, Lands and Minerals in order to elevate the role of American energy production on public lands within the Interior Department.
Obama and Debt Deiling
Just released by the White House
The President has been advocating a balanced plan that would reduce our deficit by $4 trillion by making large cuts in domestic and Pentagon spending, reforming entitlement programs, and closing tax loopholes for corporations, millionaires and billionaires. This sort of approach won support from Democrats and Republicans in the Senate, but the House Republicans walked away after insisting that the budget be balanced on the backs of seniors and the middle class.
Now, faced with the “my way or the highway,” short-term approach of the House Republicans, Senator Reid has put forward a responsible compromise that cuts spending in a way that protects critical investments and does not harm the economic recovery. All the cuts put forward in this approach were previously agreed to by both parties through the process led by the Vice President. Senator Reid’s plan also reduces the deficit more than enough to meet the contrived dollar-for-dollar criteria called for by House Republicans, and, most importantly, it removes the cloud of a possible default from our economy through 2012. The plan would make a meaningful down payment in addressing our fiscal challenge, and we could continue to work together to build on it with a balanced approach to deficit reduction that includes additional spending reforms and closing tax loopholes for corporations, millionaires and billionaires.
Senator Reid’s plan is a reasonable approach that should receive the support of both parties, and we hope the House Republicans will agree to this plan so that America can avoid defaulting on our obligations for the first time in our history. The ball is in their court.
The following are comments from President Obama today addressing THE NATIONAL COUNCIL OF LA RAZA
I just want to talk about this for a second, because it has a potential impact on everybody here and all the communities you serve. If we don’t address the debt that’s already on our national credit card, it will leave us unable to invest in things like education, to protect vital programs.
So I’ve already said I’m willing to cut spending that we don't need by historic amounts to reduce our long-term deficit and make sure that we can invest in our children’s future. I’m willing to take on the rising costs of health care programs like Medicare and Medicaid to make sure they’re strong and secure for future generations.
But we can’t just close our deficits by cutting spending. That’s the truth, and Americans understand that. Because if all we all do is cut, then seniors will have to pay a lot more for their health care, and students will have to pay a lot more for college, and workers who get laid off might not have any temporary assistance or job training to get them back on their feet. And with gas prices this high, we’d have to stop much of the clean energy research that will help us free ourselves from dependence on foreign oil.
Not only is it not fair if all of this is done on the backs of middle-class families and poor families, it doesn’t make sense. It may sound good to save a lot of money over the next five years, but not if we sacrifice our future for the next 50.
And that’s why people from both parties have said that the best way to take on our deficit is with a balanced approach –- one where the wealthiest Americans and big corporations pay their fair share, too. (Applause.) Before we stop funding energy research, we should ask oil companies and corporate jet owners to give up special tax breaks that other folks don’t get. (Applause.) Before we ask college students to pay more to go to college, we should ask hedge fund managers to stop paying taxes that are lower in terms of rates than their secretaries. Before we ask seniors to pay more for Medicare -- (applause) -- before we ask seniors to pay more for Medicare, we should ask people like me to give up tax breaks that we don’t need and weren’t even asking for. (Applause.)
So, NCLR, that’s at the heart of this debate. Are we a nation that asks only the middle class and the poor to bear the burden? After they’ve seen their jobs disappear and their incomes decline over a decade? Are we a people who break the promises we’ve made to seniors, or the disabled, and leave them to fend for themselves?
That's not who we are. We are better than that. We’re a people who look out for one another. We’re a people who believe in shared sacrifice, because we know that we rise or fall as one nation. We’re a people who will do whatever it takes to make sure our children have the same chances and the same opportunities that our parents gave us -- not just the same chances, better chances, than our parents gave us. That's the American way.
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