Corker Says CBO Report Is "Sobering"

Tuesday, February 04, 2014

Senator Bob Corker released the following statement after the non-partisan Congressional Budget Office announced today that the U.S. will add over $9 trillion in new debt and nearly double Medicare and Social Security spending over the next 10 years. The report also finds that the health care law will continue to negatively impact economic growth and result in 2.5 million fewer Americans working in the next decade, he said.

 

Senator Corker said, “Today’s CBO report gives a sobering outlook on our economy.  It confirms what we’ve known all along: The health care law is having a tremendously negative impact on economic growth, while entitlement spending continues to drive our nation’s debt to historic levels. Reforming Medicare and Social Security so they are strong and solvent is the only way to put our country on a sound fiscal path that will allow for continued growth and prosperity.”

 

Last year, he said he and Senator Lamar Alexander introduced the Fiscal Sustainability Act, S. 11, to reduce the growth of entitlement spending (Medicare, Medicaid and Social Security) by nearly $1 trillion in the next decade in order to improve the programs’ solvency. The bill incorporates many of the recommendations made by President Obama’s Debt Commission (Simpson-Bowles) as well as by former Republican Senator Pete Domenici and Alice Rivlin, budget director for former President Clinton, he said.

Senator Lamar Alexander said:

“The CBO’s new report that Obamacare is likely to force more than two million Americans out of their jobs is yet more evidence that the president took the country in the wrong direction on health care reform. We need to start over and go step by step with reforms that reduce the cost of health care so more Americans can afford to buy insurance.”

 


Upcoming City Council Agendas

Here are the upcoming City Council agendas: I.    Call to Order. II.        Pledge of Allegiance/Invocation (Chairman Henderson). III.    Minute Approval.              IV.    Special Presentation. V.        Ordinances ... (click for more)

Dalton Police Arrest Antonio Cruz, 41, On Rape Charge

The Dalton Police Department arrested 41-year-old Antonio Cruz of 500 Barbara Ave. on Friday morning, at his residence on charges of rape, aggravated stalking and aggravated assault. Cruz was arrested at his residence shortly before 6 a.m. and the rape was reported earlier in the morning at a nearby apartment complex. The rape was reported to police at approximately 3 a.m. ... (click for more)

Walking Among Memories, The USS LST-325

I have walked among the head stones at Flanders Fields and have seen the entrenchment of soldiers with only bayonet tips sticking out of the earth. Later I traveled to Normandy where I stood on the sand and made scuff marks with my shoes on Omaha Beach and climbed the hill to the magnificent American Cemetery there. I again walked among the many, many tomb stones so neatly and ... (click for more)

Roy Exum: Troubling Jameis Winston

One of the greatest things about the American legal system is that each and every crime is judged on its own merits. Just because Arizona Cardinals running back Jonathan Dwyer and Carolina Panthers defensive end Greg Hardy were each arrested for domestic abuse earlier this week, each National Football League football hero will be given an independent hearing and trial, if need be, ... (click for more)

Hill, Wolfe Help Central Hand East Ridge First 6-AA Loss

On Tuesday, Central dropped its first District 6-AA volleyball match to Hixson. Two days later the Lady Purple Pounders did the same to East Ridge. With Rebekah Hill and Skyler Wolfe leading the rebound from Tuesday’s loss, Central swept East Ridge 3-0 and remained in the hunt for their second straight district championship. Set scores were 25-14, 25-16, 25-22. “The ... (click for more)

Lee Davis A Successful Runner Among Other Things

Lee Davis grew up in Philadelphia, went to college at Elizabethton College in Central Pennsylvania and graduated from law school at Boston University. He also became a pretty good runner during that time. Davis is a high-profile attorney in Chattanooga who does something physical every day.   He doesn’t train like he once did and he doesn’t even like to talk about ... (click for more)