Coats Notes: Leadership Needs to Address the Fiscal Cliff and Honoring our Veterans

Senator Dan Coats
2012-11-09 17:16:59
<iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/co ats_topbanner.jpg> Dear Friend, Thank you for signing up to receive my email newsletter. These newsletters will cover a variety of topics, including events happening in Indiana, legislation being considered in Congress, and my perspective on current issues. My hope is to keep you updated and informed on how issues in Washington may impact Hoosiers. I welcome your feedback. Thanks for reading, Dan Coats _____ Leadership Needs to Address the Fiscal Cliff Now that the election season is over, it is the time for Americans to come together to address the big challenges that face our nation. One of the most pressing issues Congress and the White House must address is the looming "fiscal cliff." The fiscal cliff includes the expiration of several tax cuts, implementation of many health care law taxes, across-the board budget cuts known as sequestration as well as the potential debt ceiling. If the President and Congress fail to act by the end of this year, a tsunami of tax hikes will hit Americans and impede economic growth. The average tax increase for American families next year could be more than $4,000, and the average tax increase on individuals could be more than $2,800. The nonpartisan Congressional Budget Office reported that failing to address the fiscal cliff likely will return the economy to a recession. When addressing the fiscal cliff, Congress and the administration must focus on strengthening our economy, accelerating growth and getting Americans back to work. Increasing tax rates on small businesses, as some are suggesting as a solution, will slow economic growth and job creation. This is not the right prescription. Job creators need the ability to grow their businesses and prosper. Tax hikes will hinder growth and prevent employers from being able to hire. President Obama has been given a second chance by the American people. Rather than repeat the failed economic policies of the last four years, I call on the President to change course and work with Congress to rebuild America. This President must provide leadership and offer specific and reasonable solutions. Americans deserve a plan that will address the looming fiscal cliff, reduce massive deficit spending and reform entitlement programs to get our country back on a path to prosperity. The challenges we face are too great and the stakes are too high. _____ Honoring our Veterans At five o' clock on an early November morning in northern France nearly 100 years ago, the Allied Forces signed an armistice with Germany. The agreement to a cease fire would go into effect on the eleventh hour of the eleventh day of the eleventh month of 1918. Today we celebrate this date as Veterans Day. It was the beginning of the end of the First World War- a conflict President Woodrow Wilson would describe as "the war to end war." Unfortunately, President Wilson's idealistic adage was short-lived. This Veterans Day, we honor those who bravely serve and have served our country both domestically and abroad, in wartime and in peacetime. May we also remember in our thoughts and prayers the men and women currently serving in Afghanistan, here at home and around the world. Eleven years since it began, the war in Afghanistan has become the longest war in American history. Many of our troops now fighting the Taliban were children, too young to comprehend what happened when our nation was attacked on September 11, 2001. Our country owes a debt of gratitude to these courageous men and women who have chosen to answer the call to duty, to protect our interests and to defend our freedoms without a requirement to do so. May God watch over all our service members abroad and bring them home safely. Coats in the News Senators to Obama: Who's Authorizing Benghazi Leaks to Press? <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fwww.we eklystandard.com%2fblogs%2fsenators-obama-who-s-authorizing-benghazi-lea ks-press_660226.html> Senator describes biggest challenges to U.S. <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fgoshen news.com%2flocal%2fx1095520934%2fSenator-describes-biggest-challenges-to -U-S> Sen. Coats: Government must change fiscal path <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fwww.et ruth.com%2farticle%2f20121102%2fNEWS01%2f711039982> Sen. Coats talks to Indiana businesses about jobs numbers <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fwww.wn du.com%2fhome%2fheadlines%2fSen-Coats-talks-to-Indiana-businesses-about- jobs-numbers-177043421.html> _____ Stay Connected <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fwww.fa cebook.com%2fpages%2fSenator-Dan-Coats%2f180671148633644> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2ftwitte r.com%2fSenDanCoats> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fwww.yo utube.com%2fSenatorCoats> _____ Coats with Hoosiers <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/IM GP7549.JPG> Senator Coats at the Mid-America Defense Conference in Scottsburg. <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2fnewsroom%2fphotos%2fcoats-tours-countrymark-refinery> <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/IM GP7545.JPG> Senator Coats at the Mid-America Defense Conference in Scottsburg. <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/IM GP7596.JPG> Senator Coats delivering the keynote speech at the Mid-America Defense Conference. _____ Unsubscribe Contact Me <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2fcontact%2f> Latest News <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14492.7599616.5170251.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2f> <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/iq trk.gif?crop=14492.7599616.5170251.7189397>
 

Dear Friend,

Thank you for signing up to receive my email newsletter. These newsletters will cover a variety of topics, including events happening in Indiana, legislation being considered in Congress, and my perspective on current issues. My hope is to keep you updated and informed on how issues in Washington may impact Hoosiers. I welcome your feedback.

Thanks for reading,
Dan Coats


Leadership Needs to Address the Fiscal Cliff

Now that the election season is over, it is the time for Americans to come together to address the big challenges that face our nation. One of the most pressing issues Congress and the White House must address is the looming “fiscal cliff."

The fiscal cliff includes the expiration of several tax cuts, implementation of many health care law taxes, across-the board budget cuts known as sequestration as well as the potential debt ceiling.

If the President and Congress fail to act by the end of this year, a tsunami of tax hikes will hit Americans and impede economic growth. The average tax increase for American families next year could be more than $4,000, and the average tax increase on individuals could be more than $2,800. The nonpartisan Congressional Budget Office reported that failing to address the fiscal cliff likely will return the economy to a recession.

When addressing the fiscal cliff, Congress and the administration must focus on strengthening our economy, accelerating growth and getting Americans back to work. Increasing tax rates on small businesses, as some are suggesting as a solution, will slow economic growth and job creation. This is not the right prescription. Job creators need the ability to grow their businesses and prosper. Tax hikes will hinder growth and prevent employers from being able to hire.
 
President Obama has been given a second chance by the American people. Rather than repeat the failed economic policies of the last four years, I call on the President to change course and work with Congress to rebuild America. This President must provide leadership and offer specific and reasonable solutions. Americans deserve a plan that will address the looming fiscal cliff, reduce massive deficit spending and reform entitlement programs to get our country back on a path to prosperity. The challenges we face are too great and the stakes are too high.


Honoring our Veterans

At five o’ clock on an early November morning in northern France nearly 100 years ago, the Allied Forces signed an armistice with Germany.  The agreement to a cease fire would go into effect on the eleventh hour of the eleventh day of the eleventh month of 1918.  Today we celebrate this date as Veterans Day.  It was the beginning of the end of the First World War— a conflict President Woodrow Wilson would describe as “the war to end war.”  Unfortunately, President Wilson’s idealistic adage was short-lived. 

This Veterans Day, we honor those who bravely serve and have served our country both domestically and abroad, in wartime and in peacetime.  May we also remember in our thoughts and prayers the men and women currently serving in Afghanistan, here at home and around the world. 
 
Eleven years since it began, the war in Afghanistan has become the longest war in American history.  Many of our troops now fighting the Taliban were children, too young to comprehend what happened when our nation was attacked on September 11, 2001.  Our country owes a debt of gratitude to these courageous men and women who have chosen to answer the call to duty, to protect our interests and to defend our freedoms without a requirement to do so.

May God watch over all our service members abroad and bring them home safely.

 

Coats in the News

Senators to Obama: Who’s Authorizing Benghazi Leaks to Press?

Senator describes biggest challenges to U.S.

Sen. Coats: Government must change fiscal path

Sen. Coats talks to Indiana businesses about jobs numbers


Stay Connected

      


Coats with Hoosiers


Senator Coats at the Mid-America Defense Conference in Scottsburg.


Senator Coats at the Mid-America Defense Conference in Scottsburg.


Senator Coats delivering the keynote speech at the Mid-America Defense Conference.


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