Friday, February 11, 2005

Senator Voinovich Opposes Bush Budget

Republican Senator George Voinovich has come out against President Bush's federal budget. Now, I can understand the democrats fighting the President's budget. The President's plan is to hold spending down on some government programs and eliminate one's he feels aren't working. The democrats are going to howl because they have a vested interest in a number of social programs whether they work or not. But a republican senator?

Less than 24 hours later, Mr. Voinovich said he has told the White House he will do whatever he can to block the President on tax cuts, include voting against the entire budget. He also delivered a shot across the White House bow by saying the President is wrong to push for Social Security changes this year and denounced some of the President's spending cuts as ill-advised.

Ok, Senator, then how did you balance the budget in Ohio? How did you create the budget surplus in Ohio? I have a lot of respect for the Senator. He and his administration did some great things for the state of Ohio. Under his management, the state was able to generate a "rainy day fund" fund public education, all without raising taxes. But now he is standing in the way of President Bush's attempt to get federal spending under control. Why? His opposition seems to be tied to the president's tax cuts. (Boy, that sounds awful democratic to me.)

Mr. Voinovich said yesterday that because of the cost of the war in Iraq, the $1.8 trillion in deficits Mr. Bush projects to 2010 (including a record $427 billion this year), and the costly expansion of the prescription drug package under Medicare next year, the economic picture is too uncertain to make the tax cuts permanent. The cost of the tax cuts would total $1.1 trillion but is not included in the President's budgeting that extends to 2010

But, Senator Voinovich, does that include projected increases in revenues generated by an increased tax base? As we have seen in the past two years, and during the Reagan years, tax cuts stimulate the economy, which increases tax revenues without raising taxes. This plan can work.

I guess the Senator isn't a lost cause.

Mr. Voinovich, who approves the idea of partially privatizing Social Security through personal savings accounts, nonetheless also parts from the administration when he says it is too soon to act and that the American people first need a year of education.

I can't say I disagree with that considering the mis-information being passed around by the left.