With the current tragedy in Japan we have decided that 100% all donations made to Truth About Bills through Apr. 15, 2011 will be donated to the American Red Cross. These donations will help with relief efforts in Japan.
In the coming weeks as Congress returns to session there will be one looming issue, The Federal Debt Ceiling. Currently the Federal Debt is flirting with the limit passed by Congress earlier this year. The largest question in how will it be tackled. Paul Ryan's plan calls for massive cuts to government spending yet adds a $2 Trillion increase to the Federal Debt. With many House Republicans worried about defaulting on their election promises to cut spending a large increase seems out of the picture. In the Senate Jim DeMint plans on filibustering until the Senate agrees to vote on a Balanced Budget Amendment that would prevent the Government from going into the Red.
Regardless of the road chosen the Debt Ceiling will be the biggest battle of the year. This single issue could change the course of the United States in the Future.
Today Senator John Ensign (R-NV) announced his official resignation from the United States Senate. Amid an ethics probe the Senator said he has done nothing wrong but couldn't allow the attacks to continue on himself and his family. Republican Gov. Brian Sandoval is eying Rep. Dean Heller (R-NV) as a successor for Senator Ensign. With the seat being up for election in 2012 anyone appointed to the seat would have an advantage come election time.
California Senator Mark Leno (D) introduced a bill (SB-48) that passed with a 23-14 vote in the California senate that requires all public schools to add “Gay History” to their social studies lessons, as well as focus on other special interest groups.
“SB 48, as introduced, Leno. Instruction: prohibition of discriminatory
Existing law requires instruction in social sciences to include a study
of the role and contributions of both men and women to the development
of California and the United States.
This bill would require instruction in social sciences to also include
a study of the role and contributions of Native Americans, African
Americans, Mexican Americans, Asian Americans, Pacific Islanders,
European Americans, lesbian, gay, bisexual, and transgender Americans,
and other ethnic and cultural groups, to the development of California
and the United States.”
Senator Leno, has said that this bill will reduce bullying against the homosexual/transgender community by educating students from an early age about the accomplishments and contributions that the homosexual community has made to the United States.
Meanwhile, certain groups like The Campaign for Children and
Families have called it “The worst sexual indoctrination ever”.
With a large amount of focus lately being on the debt and deficit there have been many ideas floated on how to fix the problem. The Republicans offered a 2012 budget plan chaired by Congressman Paul Ryan. They passed their plan last week. While the Republicans offered the plan which includes large cuts and no tax increases President Obama offered his own ideas on the situation. Suggesting that we need to raise taxes on the top 2% of earners in the United States. On Tax Day a study came on stating that tax rates would need to nearly double across the board to keep up with government spending.
Air traffic controllers have been making headlines for snoozing on the job. Controllers in Miami, Nevada, Knoxville, Washington D.C., and numerous other airports have all been caught sleeping while they are supposed to be helping pilots land safely. The head of the FAA's Air Traffic Organization resigned after more stories came out about the controllers. The FAA is requiring that the controllers get more rest in between their shifts. One of the big problems that has also been addressed is that some of the controllers were the only ones in the tower when there should of been one or two other people in the tower.
Today Standard and Poor the expert on bonds and debt rating downgraded the U.S. Debt Outlook to Negative. While this doesn't change the rating it does signal that the S&P has doubts about the future of the U.S. Spending and Debt. With this change in outlook S&P says there is a 1 in 3 chance they could change the rating for the United States within two years, citing questions over the medium and long term fiscal challenges. The outlook caused stocks to move lower for the day, opening 230 points down and currently at 3:43 pm down around 147 points. Economist say this is something that will need watched in the coming months.
Week in Review 4/10-4/16
This week saw two competing and controversial 2012 budgets make their debut. Paul Ryan introduced the House Republican budget which was passed this week by the House. The budget is expected to cut 4 trillion dollars from the defect over the next 10 years. President Obama also introduced his budget this week which drew critical from many Republicans for increasing taxes on the rich in an attempt to cut the deficit.
We at Truth About Bills are just 2 weeks away from the launch of our new site! Be sure to check back regularly for updates on what we have in store for you
Nicole J Pearce
We are just 2 weeks away from the official launch of our new site. Here's a short little update for you.
As was expected the House of Representatives have passed Paul Ryan's proposed 2012 budget plan. The budget plan passed 235-193. The Budget plan is expected to cut $6.2 trillion over the next 10 years in spending and cut $4 trillion from the deficit. Here is a quote taken from Fox News from Obama's Press Secretary Jay Carney.
The big problem that most democrats are saying about this bill is that it would basically privatize Medicare. The democrats in the house even tried to pass another bill that was more conservative, in an attempt to stop Paul Ryan's plan.
We will see if this plan will progress an further and keep you updated as we find out more. In the meantime check out how your congressman voted here.
Paul Ryan Responds to Obama's "Tax the Rich" Deficit Plan. Check it Out!