Corker, Alexander, Fleischmann Hit Obama Budget

Tuesday, March 04, 2014

Senator Lamar Alexander on Tuesday said President Obama’s proposed 10-year budget for 2015 “never balances” and does not do enough to address “runaway entitlement spending” that is driving the federal government’s debt, which is more than $17 trillion.

“President Obama’s proposed 10-year budget never balances and adds about $8 trillion to the federal debt over the next 10 years,” Senator Alexander said. “The president also failed to include a more accurate measure of inflation for adjusting entitlement spending and tax rates, a simple, fair way to fix the federal debt that he already proposed last year.

“We need to do more to fix the federal government’s more than  $17 trillion debt by enacting plans like the Fiscal Sustainability Act I’ve introduced with Senator Corker, which would reduce the growth in runaway entitlement spending by nearly $1 trillion over 10 years. If we don’t make tough decisions now, we’ll have let America slip from the hands of the ‘greatest generation’ to the ‘debt-paying generation’ with nothing to show for it but the bill.”

In last year’s 10-year budget, the president proposed what is known as the chained Consumer Price Index, which Senator Alexander said is a more accurate way to calculate inflation for entitlement spending and tax rates. The Fiscal Sustainability Act Alexander introduced with Senator Bob Corker includes chained CPI and other reforms to reduce the growth in mandatory entitlement spending by nearly $1 trillion over the next 10 years.

Senator Bob Corker said,  “I think everyone understands that this budget proposal is not a serious document and will have no effect on policy. Unfortunately, the administration continues to be unwilling to deal with the critical issue of putting our fiscal house in order.”

Congressman Chuck Fleischmann said, “Unfortunately, this budget proposal is just more of the same from President Obama.  It further maintains the status quo that is simply not good enough for the American people.  His budget weakens our national defense, does nothing to preserve or reform mandatory spending programs, and increases the tax burden on the American people with the sole intent of allowing Washington to spend more.  

"With three years left in his presidency, this budget is just further proof that the President has no desire to address the root of our fiscal challenges.”

 

 

 


Marcus Davis Shot On Walker Avenue Friday Night

Marcus Davis, 25,  was shot Friday night on Walker Avenue. At approximately 10:52 p.m., Chattanooga Police responded to the 1900 block of Walker Avenue on a person shot call.  The victim suffered a gunshot wound to the left knee, and was transported to a local hospital with the non-life-threatening injury. Chattanooga Police ask anyone with information regarding ... (click for more)

Latest Hamilton County Jail Booking Report - And Mug Shots

Here is the latest jail booking report from Hamilton County: BATES, JOE EDWARD     2472 ELLA DR CLEVELAND, 37323     20     Hamilton County          Booked for Previous Charges or Other Reason(s) BELL, AQUANTIS JACKEE     8881 MILLER LEE LN APT 101 CHATTANOOGA, 37416    ... (click for more)

Mackey Should Be Thankful For The State Troopers On Highway 153

This is in response to a statement made by Warren Mackey at the commission meeting.  His question was to the mayor regarding the state troopers writing tickets on Highway 153, saying they were on a rampage.   It is apparent that Mr. Mackey doesn’t travel this highway.  His only concern was that the ticket money was going into state funds and not into county funds. ... (click for more)

Roy Exum: A Must-Read For Parents

If you have a child or if you love one, what you are about to read could be one of the most important lessons in your life. I have a great friend in Dallas – Sandy Pohfal – who regularly shares stories with me that are moving, inspirational or important. This is all three. This story was written by a celebrated author, Christie Craig. She has written hundreds of articles for ... (click for more)

Signal Mountain "Grounds" East Hamilton, 28-19

Signal Mountain was determined to run the football and take time off the clock Friday night in the second half of its 28-19 non-district victory over rival East Hamilton before a standing-room-only crowd at Hurricane Hill. “That’s our kind of football,” Eagles coach Bill Price said after the season opening game for both teams. “It was a tough football game and we just got out ... (click for more)

Maynor Leads Soddy Daisy Past Hixson, 49-36

If you wanted to see a lot of offense in a high school football game, then you should have been at  Soddy Daisy's Robert Talaska Field Friday night. Defense was all but non-existent on either side as the host Trojans took advantage of five touchdown passes from southpaw senior quarterback Hunter Maynor to outlast the Hixson Wildcats, 49-36. The last two minutes of the ... (click for more)