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109 lines
5.3 KiB
Plaintext
CUSTOM COMPUTING
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6815 DICKINSON COURT
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TAMPA FLORIDA 33634-4707
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CIS: 71327,1251
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Sat 07-31-1993
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CLINTON'S NEW MATH
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Following are some excerpts from a Wall Street Journal column by Tom Bethell.
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It discloses some interesting revelations about Clinton's so-called
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"Deficit Reduction Budget." This guy and his Liberal lemmings in
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Congress are the biggest accumulation of liars one could ever imagine
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in his wildest dreams. Remember now, these guys say they are "cutting"
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spending. Yeah, right. [Uploader comments in square brackets]
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============================================================================
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"On April 8, the Office of Management and Budget [now headed by Mr.
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Panetta] released the 1994 federal budget."
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"On April 9, major newspapers published stories on the budget, but all
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failed to publish the outlay and revenue totals shown below."
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" ---------------------------------------------------------
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|CLINTON'S BUDGET TOTALS |
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|in billions of dolars, rounded |
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| 1993 1994 1995 1996 1997 1998|
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|=========================================================|
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|Outlays $1,468 1,515 1,574 1,625 1,690 1,781|
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|---------------------------------------------------------|
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|Receipts $1,146 1,251 1,328 1,413 1,476 1,531|
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|---------------------------------------------------------|
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|Deficit $322 264 246 212 214 250|
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|---------------------------------------------------------|
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|Defense |
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|Outlays $277 264 258 252 234 239|
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|---------------------------------------------------------|
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|Source: Office of Management and Budget |
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--------------------------------------------------------- "
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[SPENDING CUTS??? YEAH, IN DEFENSE]
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"The Washington press corps has permitted Clinton to talk of "spending
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cuts without exposing the absurdity of his claim."
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"Spending totals increase from $1.468 billion to $1.781 billion in
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five years despite real reductions in military spending."
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"In Washington parlance, the phrase "spending cuts" means merely
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reductions in planned increases. John Cognan, deputy director of
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OMB in 1988-1989, says that "the Ways and Means and Finance committees
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deliberately legislate future spending increases that they have no intention
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of granting, so that they can later reduce them and say they have 'cut
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the budget.'"
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=======================================================================
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[FROM THE UPLOADER: I don't know about those who read this, but, I
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get fed up with the way the mainstream media condone these 'dirty
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little secrets' the Liberals keep from the American public. To anyone
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who doesn't have TV cable, the privilege of watching C-SPAN is worth
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the price of basic cable. C-SPAN and C-SPAN II provide live coverage
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of the floor activities in the House and Senate, but, in off-hours,
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they cover a lot of other activities of political interest. One of
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the most enlightening was coverage of the gay rally in Washington in
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April.
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While we're talking about facts, I have to reiterate some facts about
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the national debt, the annual budget deficit, and the bald-faced lies
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this guy Clinton and his henchmen have foisted on us since he started
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his campaign in 1991. All we heard about was the evil and greedy 12
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years of Reagan-Bush. They were (and still are) totally supported by
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the visible media people from Sam Donaldson to Bryant Gumbel. I won't
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bore you with all the details, but, here are a couple summaries.
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By the way, I don't put up anything here that is not verifiable.
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Ronald Reagan took office Jan. 20, 1981, and left office Jan. 20, 1989.
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Government receipts (income) in 1991 were $599 billion and outlays
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(spending) were $678 billion. In 1989, income was $991 billion, and
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spending was $1,143 billion (that means 1.143 TRILLION). The budget
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deficit wasn't exacerbated by lack of revenues. It was caused by
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congressional spending that was out of control. And, I don't want to
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hear any more of this drivel from the Liberals that, "We authorized
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less than any budget sent to us by Reagan."
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Now comes the really heinous part. Remember the 1989 figures: Income -
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$991 billion, spending - $1,143 billion. In 1992, these were the
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actual numbers: Income - $1,092 billion, Spending - $1,382 billion.
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It doesn't make any difference how much money comes into the government
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piggy bank. Congress will spend more. Also, remember this: ALL
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SPENDING legislation originates in the House Ways and Means committee.
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What the President sends up is relatively meaningless, except when the
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White House is controlled by the same people who control congress.
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Please do us one favor. Go back and read the Income/Spending numbers
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once more. And, don't forget. The entire House is up for re-election
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in '94. Thirty-four Senate seats are up. Of those, 20 are held by
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Democrats, 12 are held by Republicans, and two will simply be vacant.
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Metzenbaum (D-OH) and Danforth (R-MO) have announced they will not
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seek re-election.
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Thanks for reading. UPLOADED BY: Vern Semrad
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