Corker Offers Plan To Begin Reducing Deficit, Rebuilding Trust In Washington

Tuesday, January 8, 2013

To begin reducing the nation’s long-term deficits and rebuilding the lack of trust in Washington over excessive spending, U.S. Senator Bob Corker, R-Tenn., today called on Congress to begin making reforms to Medicare, Medicaid and Social Security to deal with the upcoming fiscal deadlines.

Senator Corker identified two reforms as a starting point: moving to a more accurate measure of inflation (“chained CPI”) and requiring wealthy seniors to contribute more for their Medicare benefits (“means testing”), both of which were advocated by the president’s Simpson-Bowles deficit commission and were considered in budget talks between President Barack Obama and House Speaker John Boehner.

“When Congress reconvenes in two weeks, we will be facing twin deficits: dealing with the issue of our time, our country’s crushing debt, and addressing the deficit of trust in Washington. I think we have all seen that recent attempts at grand bargains have created crisis after crisis, and in the end, that approach has under delivered,” said Senator Corker.

“In our nation’s history, the best way big problems have been solved is through presidential leadership, but in the absence of a president who will lead on this issue, one constructive way to start tackling our financial deficit and the fiscal deadlines we face this quarter – raising the debt ceiling, passing a continuing resolution to fund government, and resolving the sequester – is to begin legislating on entitlements in areas where there has been strong bipartisan consensus in Congress as well as White House support: chained CPI adjustments and Medicare means testing.

“I plan on introducing legislation to enact these reforms when we return, and after we pass these, though it will not be fast or easy, we must continue grinding through a similar process, month after month, using regular order, one piece at a time, until we have put our country’s finances back on a sustainable path. In this manner, these fiscal deadlines we face don’t have to create a crisis but could be addressed incrementally, one step at a time. 

“Elected officials have praised the concept of ‘entitlement reform,’ but it’s way past time to move beyond platitudes, start enacting real reforms now, save these programs for the future and save our country in the process. Only responsible actions will begin to rebuild the trust deficit that exists in Congress.”



Chattanooga Police Identify, Charge Social Media Poster Who Warned Students Not To Go To School; 2nd Student Also Charged In Hoax

Police said they have identified the person who used social media to place warnings of a possible shooting at three local high schools.   Authorities said the teenage girl would be charged in Juvenile Court.   Police said additional hoax threats have been made, and a teen boy from another school has been charged in Juvenile Court.   Officials said, ... (click for more)

Latest Bradley County Arrest Report

Click  here  for the latest Bradley County arrest report. (click for more)

MLK Boulevard TIF Is A Public Scam From People You Should be Able To Trust

TIFs (Tax Incremental Financing) were created to allow cities to do projects they cannot afford.  A TIF project also allows various private construction costs to be subsidized by sequestered  future  property taxes that normally would go into the general fund for running a city. It’s credit card spending with a new fancy name. Politicians love it because it sounds ... (click for more)

Roy Exum: Want To Buy An AK-47?

On Sunday night I got an email from a reader who I enjoy that read, “How about, ‘Don’t sell assault weapons to 18-year-olds.’ The blood is on your hands (and all the other gun and violence idolaters)!” While I beg to disagree with him, this is a nation where – right now, this minute -- there are an estimated ONE TRILLION rounds of ammunition and over 300 million firearms. I can ... (click for more)

Howard Nips Red Bank In McGary's Final Home Game

Two consolation games were played in the District 6-AA basketball tournament Monday night at Howard’s Henry Bowles Gymnasium and one was much more significant than the other. The Brainerd Lady Panthers had a strong fourth quarter to finally pull away from Tyner en route to a 48-34 victory while the Howard Hustlin’ Tigers escaped a hungry Red Bank team by a 71-68 final that was ... (click for more)

Howard Plays Like A "Miss Basketball" As Bradley Rips Lady Canes For 5-3A Title

CLEVELAND, Tenn. – In each of the last eight seasons, Bradley Central coach Jason Reuter hasn’t come close to winning the District 5-3A Coach of the Year award, an award voted on by the league coaches. In those eight years, however, Reuter has directed the Bearettes to a district tournament championship. Every year. Just like clockwork. That’s a tradeoff Reuter ... (click for more)