Today the President released his 2012 budget an amazing 3.7 trillion dollars. During his state of the Union speech he stated he understood the country had a spending problem and in the words of Representative Frank Guinta, ‘This may be Valentine’s Day, but the $3.73T #budget proposal by #POTUS is no love letter to the American people!”
We are in a severe recession and still the President can not understand you can not spend more of what you don’t have to bring about prosperity to a nation. He has proposed an increase in taxation over the next ten years to raise an additional 1.6 trillion dollars over the next 10 years. CNN stated the President has two choices that will address the problems we face, “He can fix it or ignore it” In the piece they decided he has ignored it. http://bit.ly/fHL7Mh
The budget will drop to 1.2 trillion next year but will balloon to 104% of GDP by 2015. This is not the way to stimulate an economy that is bloated and in need of reduction. Congress has stated they will cut the budget by 100 billion, a mere 2% of the budget when we need to look at cuts across the board by no less than 500 billion each and every year until we contain the uncontrolled spending that has eroded the quality of life for all Americans.
The CBO estimates there is 10% fraud and waste in every government program which is not being address as of yet on the Hill. Every member knows about the problem but no solutions are being presented to reel in the corruption. Patriot Express Radio has offered a solution that would help alleviate the problem. Quite simple pass a law that makes it a mandatory 10 year prison sentence for any individual or corporation that commits acts of fraud when dealing with any government agency. If an individual knows when they decide to steal our tax dollars by submitting fraudulent bills will land them in jail for 10 years many of those individuals would not attempt these deceitful practices.
Second, we must hold those accountable in Congress when appropriating funds. The funding must have a paper trail just as businesses have to track where the money is going and how it is being spent. The funds must not be sent out in bulk but released in segments to the receiving parties. When the parties show how the funds released to them were spent then they receive the next allocation until all criteria has been met.
We the People are tired of our tax dollars being wasted and are now monitoring how our government is spending them. The Congress have to fulfill their promises made on the campaign trail to reduce the nation debt and the size of the Federal Government. They must understand trillion-dollar deficits are no longer going to be tolerated here in America. So get out the pencils and start cutting to save our nation and give future generations of children a country they can be proud to be a citizen of that is working to be fiscally responsible from here on in.