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.

 


10 East Ridge Establishments Sell Beer To Minor In Compliance Check

The East Ridge Police Department last Friday assisted agents from the Tennessee Alcoholic Beverage Commission with an operation aimed at checking East Ridge establishments for compliance in regard to checking identification and alcohol sales to underage patrons. The joint operation checked 36 businesses in East Ridge. Ten received misdemeanor citations for selling alcohol to ... (click for more)

Latest Hamilton County Jail Booking Report - And Mug Shots

Here is the latest jail booking report from Hamilton County: ALLEN, KIMBERLY M 2744 6TH AVE CHATTANOOGA, 37407 26 Chattanooga ASSAULT ALVEREZ-CRUZ, LISANDRO 7102 SHEPHERD VIEW CIRCLE CHATTANOOGA, 37421 19 Chattanooga SPEEDING DRIVING ON SUSPENDED LICENSE ANGLAND, JOSHUA JAMES 1843 BAYHILL DRIVE HIXSON, 37343 29 Hamilton County VANDALISM/MALICIOUS ... (click for more)

Thanks For Publishing The Stokes Photo Book

I pre-ordered the Stokes Photo Book and picked it up Wednesday . The covers and content are very high quality and contain photos you will not see anywhere else.  This book of photos is worth much more than $35.  I have seen many historic photos of my hometown Chattanooga, but this collection is amazing. My favorites are National Cemetery, Confederate Cemetery near ... (click for more)

Roy Exum: Saban: ‘Ratings Don’t Matter’

When the first College Football Playoff rankings were released earlier this week, Alabama football coach Nick Saban got it right on the button when he shrugged, “I don't even care, to be honest with you." "To me, none of it matters, What does it matter?” he laughed at the Tide’s No. 6 ranking. “I mean, it only matters where you end up at the end. So what matters to us is how ... (click for more)

Owls Beat McMinn, 30-12, To Complete Unbeaten Regular Season

Undefeated. Sounds nice, huh. After a sluggish first half that produced only three points on a Laszlo Toser field goa., third-ranked Ooltewah came to life in the third quarter, riddled McMinn County’s defense with three Kelvin Leon touchdown passes in the third quarter and went on to beat the Cherokees, 30-12, at James N. Monroe Stadium to secure the school’s third unbeaten ... (click for more)

Notre Dame Clobbers Grundy Co. For 7-AA Title

Notre Dame coach Charles Fant is always hoping that his Fighting Irish football team can get off to a fast start. He never thought it would be as quick as what he saw Thursday night at Jim Eberle Field. With a District 7-AA championship on the line on an evening when they honored all of the fall senior athletes, a football game turned into a track meet and eventually a victory ... (click for more)