Coats Notes: Obama Budget a Case of "The Good, The Bad and The Ugly"

Senator Dan Coats
2013-04-12 11:51:40
<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 _____ Obama Budget a Case of "The Good, The Bad and The Ugly" <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fyoutu. be%2fWvazXYOBqz0> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fyoutu. be%2fy0dQdO52rZE> On Wednesday, two months past the legal deadline, President Obama finally introduced his budget proposal. Excluding presidential transition years, this is the latest in history that a budget has ever been submitted (65 days) since the Budget and Accounting Act created the submission requirement in 1921. And for the first time in the history of the modern congressional budget process, the White House submitted its budget after the House of Representatives and the Senate already voted on budget plans. The president's budget proposal is a case of "the good, the bad and the ugly." The good: The president is finally starting to recognize the critical need to address the spiraling costs of mandatory spending programs - Medicare, Medicaid and Social Security - by offering some modest changes. This is a start and a small step in the right direction. and I am committed to working with my colleagues to restructure our health and retirement security programs to keep them solvent and preserve them for future generations. The bad: The president's budget fails to balance the budget and deliver a clear plan to reduce the dangerously-high $16.8 trillion debt. Instead, the administration's budget actually increases net federal spending. The ugly: Even worse, the administration proposes to pay for additional stimulus spending with more tax increases on Americans. With roughly $1 trillion of tax hikes about to begin to pay for Obamacare, the last thing our fragile economy and Hoosier taxpayers can afford is yet another tax increase. Now that the House Republicans, Senate Democrats and the White House have put forward budget plans, it is time to get to work on a serious long-term fiscal plan that will grow our economy and address the chronic unemployment crisis that continues to plague our country. I spoke on the Senate floor this week and continued to call on Congress and the administration to work on a long-term financial plan. Click here <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fyoutu. be%2fy0dQdO52rZE> or on the image above to watch my floor speech. _____ Protecting the Second Amendment I believe it is both the duty of our government and society to work together to protect children and keep firearms out of the hands of criminals and those with mental illness issues who could cause harm to others. I welcome an open and fair debate on sensible ways to do that without punishing law-abiding citizens for exercising their Second Amendment rights. This week I opposed a procedural measure to proceed to Senate Majority Leader Harry Reid's firearms legislation (S.649) because the bill goes too far and expands the government's power to regulate, monitor and control the American people's constitutional right to bear arms. I am working with my colleagues on proposals to improve our current background check system and the enforcement of current laws. Additionally, while we cannot prevent all acts of violence, we need to work to address the mental health gaps that exist in our society. Coats in the News Coats Congratulates Pekin's Tom Cullen on Secondary Assistant Principal of the Year Award <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fwww.co ats.senate.gov%2fnewsroom%2fpress%2frelease%2fcoats-congratulates-pekins -tom-cullen-on-secondary-assistant-principal-of-the-year-award> Coats, Brooks Offices to Host "Academy Day" in Central Indiana <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fwww.co ats.senate.gov%2fnewsroom%2fpress%2frelease%2fcoats-brooks-offices-to-ho st-academy-day-in-central-indiana> Britain's Iron Lady indelible <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fwww.jo urnalgazette.net%2farticle%2f20130409%2fNEWS04%2f304099989> _____ Stay Connected <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fwww.fa cebook.com%2fpages%2fSenator-Dan-Coats%2f180671148633644> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2ftwitte r.com%2fSenDanCoats> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fwww.yo utube.com%2fSenatorCoats> _____ Coats with Hoosiers <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2fnewsroom%2fphotos%2fjune-visits-with-hoosiers> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2fnewsroom%2fphotos%2fcoats-tours-countrymark-refinery> <iqs3.solutions.lmit.com/iqextranet/iqClickTrk.aspx coats-iq&crop=14730.9340543.5265889.7189397&redirect=http%3a%2f%2fcoats. senate.gov%2f> Visiting with Indiana 4-H Students. <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/To mCullen.jpg> Congratulating Tom Cullen, Secondary Assistant Principal of the Year for the state of Indiana. <iqs3.solutions.lmit.com/iqextranet/Customers/quorum_coats-iq/PS G.jpg> Meeting with Purdue Student Government Members.
 

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


Obama Budget a Case of “The Good, The Bad and The Ugly”

 

On Wednesday, two months past the legal deadline, President Obama finally introduced his budget proposal. 

Excluding presidential transition years, this is the latest in history that a budget has ever been submitted (65 days) since the Budget and Accounting Act created the submission requirement in 1921. And for the first time in the history of the modern congressional budget process, the White House submitted its budget after the House of Representatives and the Senate already voted on budget plans.

The president’s budget proposal is a case of "the good, the bad and the ugly."

The good: The president is finally starting to recognize the critical need to address the spiraling costs of mandatory spending programs – Medicare, Medicaid and Social Security – by offering some modest changes. This is a start and a small step in the right direction. and I am committed to working with my colleagues to restructure our health and retirement security programs to keep them solvent and preserve them for future generations.

The bad: The president’s budget fails to balance the budget and deliver a clear plan to reduce the dangerously-high $16.8 trillion debt. Instead, the administration’s budget actually increases net federal spending.

The ugly: Even worse, the administration proposes to pay for additional stimulus spending with more tax increases on Americans. With roughly $1 trillion of tax hikes about to begin to pay for Obamacare, the last thing our fragile economy and Hoosier taxpayers can afford is yet another tax increase.

Now that the House Republicans, Senate Democrats and the White House have put forward budget plans, it is time to get to work on a serious long-term fiscal plan that will grow our economy and address the chronic unemployment crisis that continues to plague our country. I spoke on the Senate floor this week and continued to call on Congress and the administration to work on a long-term financial plan.

Click here or on the image above to watch my floor speech.


Protecting the Second Amendment

I believe it is both the duty of our government and society to work together to protect children and keep firearms out of the hands of criminals and those with mental illness issues who could cause harm to others. I welcome an open and fair debate on sensible ways to do that without punishing law-abiding citizens for exercising their Second Amendment rights.

This week I opposed a procedural measure to proceed to Senate Majority Leader Harry Reid’s firearms legislation (S.649) because the bill goes too far and expands the government’s power to regulate, monitor and control the American people’s constitutional right to bear arms. I am working with my colleagues on proposals to improve our current background check system and the enforcement of current laws. Additionally, while we cannot prevent all acts of violence, we need to work to address the mental health gaps that exist in our society.

Coats in the News

Coats Congratulates Pekin’s Tom Cullen on Secondary Assistant Principal of the Year Award

Coats, Brooks Offices to Host “Academy Day” in Central Indiana

Britain’s Iron Lady indelible


Stay Connected

      


Coats with Hoosiers


Visiting with Indiana 4-H Students.


 
Congratulating Tom Cullen, Secondary Assistant Principal of the Year for the state of Indiana.



Meeting with Purdue Student Government Members.


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