Alexander Supports Balanced Budget Amendment To U.S. Constitution

Wednesday, February 13, 2013

Senator Lamar Alexander (R-Tn.) on Wednesday announced that he will be an original cosponsor of a balanced budget amendment to the U.S. Constitution, saying, “For eight years as governor I balanced Tennessee’s budget, and other states balance their budgets – I don’t see why Washington can’t do the same.”

Senator Alexander said, “Washington is borrowing 42 cents of every dollar it spends, money we don’t have. We must make tough decisions now to fix the debt.”

The proposal by Senate Minority Whip John Cornyn (R-Tx.) would require that the president submit and Congress pass a balanced budget. It would require a supermajority vote in both the House and Senate to raise taxes or increase the debt limit.

It also would cap spending at 18 percent of gross domestic product, which is roughly equal to the historical revenue average of 18.1 percent of gross domestic product. Under President Obama, spending was nearly 23 percent of GDP, according to the Congressional Budget Office.

The Congressional Budget Office also predicts that by 2025, every tax dollar the federal government collects will go toward entitlement spending like Medicare, Medicaid and Social Security, as well as interest on the debt.

“The Medicare trustees have said that within 12 years, the Medicare program will not have enough money to pay all of its hospital bills,” Senator Alexander said.

Senator Alexander and fellow Tennessee Republican Senator Bob Corker have introduced the “Dollar-for-Dollar Act,” which would reduce the growth in entitlement spending by $1 trillion. He also is an original cosponsor of the “No Budget, No Pay Act,” which would cut off pay to members of Congress if they don’t pass a budget and all 12 appropriations bills by the beginning of the fiscal year Oct. 1.

 


Fort Oglethorpe Arrest Report For May 12-18

Here is the Fort Oglethorpe arrest report for May 12-18: 05-12-17 Robert Terrell Day, 25, of 7310 Standifer Gap Road, Chattanooga arrested on charges of driving under the influence of alcohol, driving while license revoked and open container. Alexis Dane Arterburn, 20, of 6783 Sawtooth Drive, Ooltewah arrested on a charge of underage consumption. Allen Lamar Jordan, ... (click for more)

IMPROVE Act Provides $46,417,859 In Transportation Infrastructure Projects In Marion County

The Transportation Coalition of Tennessee said Wednesday that the IMPROVE Act will bring over $46 million in road projects to Marion County. The total impact for Marion County is $10,015,859 for the combined revenue to cities and counties as well as the Tennessee Department of Transportation road and bridge projects, totaling $36,402,000 from the IMPROVE Act. The three ... (click for more)

Life For Our Ancestors In 1890

May 26-27 is the 1890’s Day Jamboree in Ringgold. I encourage any reader to attend and enjoy that wonderful community. I love having grown up in Northwest Georgia and celebrating our veterans, including both of my grandfathers who served in WWII.  But I also want to describe how the 1890’s were for my ancestors, living here in a singularly turbulent time. Based on, among ... (click for more)

Roy Exum: Governor Haslam, Please!

AN OPEN LETTER TO GOV. BILL HASLAM … Greetings to you, my friend. You know with one more year on the course we have sailed during your two terms as the leader of our state you will go down as one of the greatest governors we have ever had. It stands to reason you eye Lamar Alexander’s Senate seat, but whatever you do it will be hard to replicate your service to Tennessee and ... (click for more)

Baylor Gets Offensive In Softball Win Over St. Benedict

MURFREESBORO – The two-time Division II defending state softball champion Baylor looks ready to challenge for another title. The Lady Red Raiders spotted St. Benedict an unearned run in the first inning, but came back strong to prevail by a 12-1 final in six innings. Wednesday’s win, Baylor’s 25 th against three losses, sets up a winners bracket final with arch-rival GPS, ... (click for more)

Brooke Parrott Fires One-Hitter As Central Stays Alive

MURFREESBORO – To make a long story short, Central’s Brooke Parrott simply wasn’t ready for a brilliant high school softball career to end. Pitching like there was no tomorrow – that really would have been the case had the Lady Pounders lost – Parrott was her usual outstanding self as she fired a one-hitter to lead her team to a heart-stopping 1-0 victory over Dyersburg in a ... (click for more)