Monday, January 23, 2012

TELL CONGRESS - PASS HR 3778 IMMEDIATELY

Right now, if Barack Hussein Obama wants to INCREASE the Debt Limit, it's almost impossible to stop him! But NOW a new bill has been introduced that would PREVENT any debt limit hikes without Congress passing an actual budget -- which they haven't done in THREE YEARS!

YOU READ THAT RIGHT -- our Congress has not passed a concurrent budget resolution in nearly THREE YEARS.

But they passed Obama's Debt Ceiling Hikes -- EVERY TIME!

Now, Obama is asking for additional borrowing power of $1.2 trillion. This will bring our national debt to $16.4 trillion. Since Obama took office on January 20, 2009, the national debt has increased by $5.8 trillion -- or nearly 60 percent in just three years, from $10.6 trillion to $16.4 trillion.
CLICK HERE to send Blast Faxes to EVERY SINGLE U.S. SENATOR AND REPRESENTATIVE, to DEMAND that Congress PASS H.R. 3778, the "Budget Before Borrowing Act," to PREVENT debt limit hikes without a BUDGET in place!

Washington, D.C. newspaper The Hill is
reporting:


THIS IS INSANE. Thankfully, a new bill has just been introduced -- that would END this out-of-control spending, by STOPPING these automatic debt ceiling hikes! But we need to TAKE ACTION NOW to get it passed QUICKLY!
"Rep. Doug Lamborn (R-Colo.) on Wednesday introduced a bill that would prevent Congress from considering an increase in the debt ceiling unless both the House and Senate have approved a concurrent budget resolution, something, the Senate has not done in nearly three years."
Lamborn said his bill would at least require a budget to be in place before these debt ceiling increases can occur.

"Today I have introduced a bill to stop this madness," he said on the floor. "The Budget Before Borrowing Act," H.R. 3778, is a straightforward, no-gimmicks approach to spending money. It very simply says that the nation cannot raise the debt ceiling limit unless the House and the Senate have agreed on a budget resolution."

Under this bill, it would "not be in order" to consider ANY extension of the public debt limit unless a concurrent budget resolution were in place. This could only be waived with a two-thirds vote in both the House and Senate.

You may be shocked to learn that the Senate has not passed a budget in three years. Despite that -- or perhaps because of that -- Washington's borrowing and spending continues out of control.

Can you imagine going into a bank, asking for a loan, and not having ANY kind of budget plan to show how it would be spent? Barack Obama has no business asking Congress to increase the nation's borrowing limit, when the Senate hasn't even put forward ANY kind of spending plan!

With H.R. 3778, the "Budget Before Borrowing Act," that couldn't happen. It would prevent Congress from considering ANY increase in the debt ceiling unless both the House and Senate have approved a concurrent budget resolution.

You would THINK that would just be COMMON SENSE -- but apparently Washington needs to FEEL THE HEAT in order to SEE THE LIGHT on this issue! That means YOU AND I need to take action NOW!

CLICK HERE to send Blast Faxes to EVERY SINGLE U.S. SENATOR AND REPRESENTATIVE, to DEMAND that Congress PASS H.R. 3778, the "Budget Before Borrowing Act," to PREVENT debt limit hikes without a BUDGET in place!

As Rep. Lamborn said, "If an individual or family or small business owner were to ask the bank for a loan without presenting a plan on how they would spend that money and pay it back, no bank would even consider such a loan."

But that's exactly what is going on with our federal government right now. Barack Obama has continually come to Congress to ask for increases to the nation's borrowing power. Because of Senate inaction, the Treasury Department keeps borrowing more money without any kind of budget or written plan for spending it, much less paying it back.

That's why the Budget Before Borrowing Act is so timely. The premise is simple. To get our spending under control, we must actually set spending priorities and put a plan forward to reduce our national debt of $15.2 trillion. It's bad enough to borrow like there's no tomorrow. But to do so without even a budget in place is simply wrong.

Maybe you learned in eighth-grade civics that the House and Senate each propose budgets for the coming year, and then they resolve the differences between the two spending plans in a third bill worked out by a conference committee. Well, things don't work that way lately. Since the Senate has failed to put forward a budget -- OR adopt the House's budget, which they DID pass -- the federal government continues to operate without ANY kind of cohesive plan to address our fiscal issues. That, in turn, has created tremendous uncertainty for the markets -- and may even be the reason one credit agency downgraded our credit.

We CANNOT continue to operate this way.

Just look at what's happened to Greece. Just two years ago, their debt-to-gross domestic product (GDP) ratio was 101 percent.

Economists have found that when government debt-to-GDP ratio rises above 90 percent, it lowers the future potential GDP of that country by more than 1 percent. It also locks in a slow-growth, high-unemployment economy. Today Greece's debt-to-GDP ratio is 183 percent.

Two years ago, the United States' debt-to-GDP ratio was 88 percent. Today, we have crossed the tipping point that economists warn of -- and WE are at 101 percent.

THIS IS CRAZY -- AND IT MUST BE STOPPED NOW!

CLICK HERE to send Blast Faxes to EVERY SINGLE U.S. SENATOR AND REPRESENTATIVE, to DEMAND that Congress PASS H.R. 3778, the "Budget Before Borrowing Act," to PREVENT debt limit hikes without a BUDGET in place!

President Ronald Reagan once famously said, "When you can't make them see the light, make them feel the heat." THAT'S WHAT YOU AND I NEED TO DO RIGHT AWAY -- and that's why we've made it EASY to make your voice heard LOUD AND CLEAR on this issue -- please take action NOW!

Respectfully,

Conservative Action Alerts
http://news.dienerconsultants.com/ct/7629203:10931843307:m:1:196255036:A6D1E6A674248A49A25E1D29320DA325:r

P.S. In introducing his bill, Rep. Lamborn stated, "Ultimately, it is the middle class that will suffer from overspending. Americans have been for too long feeling the pain of an economy that cannot create jobs. The economy simply cannot grow when our debt reaches these levels. Private investment capital is sucked up by the federal government. We become more dependent on nations like China. Servicing the debt consumes a bigger and bigger share of annual federal spending. If we make spending reforms now, before we reach Greece-like crisis levels, I believe we can avoid much of this pain, grow our economy, and restore the American dream."

The choice is clear. Congress can adopt H.R. 3778, the "Budget Before Borrowing Act," which forces Congress to pass a budget before borrowing any more money; or we can continue to borrow and spend without any restraints and turn into the next Greece. PLEASE, take action RIGHT AWAY to DEMAND that Congress make the RIGHT choice and PASS THIS BILL -- NOW! Thank you!

CLICK HERE to send Blast Faxes to EVERY SINGLE U.S. SENATOR AND REPRESENTATIVE, to DEMAND that Congress PASS H.R. 3778, the "Budget Before Borrowing Act," to PREVENT debt limit hikes without a BUDGET in place!

You can also CLICK HERE to send a FREE message directly to YOUR U.S. Representative and Senators!

Conservative Action Alerts (CAA) is a media outlet protected by the first amendment and that support for our efforts is not tax-deductible. Diener Consultants, Inc., 17388 Nature Walk Trail, Suite No. 301, Parker, CO 80134

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