“…American households not paying federal income taxes has also grown—to an estimated 45% in 2010…”
In a poll, no group of Americans feel they are paying too little in taxes, even those people who pay no tax.
Florida Gov Scott Plans to cut 8,700 state jobs. $4.6 billion in cuts.
We’ll see how far he gets.
The US House of Representatives passed their 2012 budget. While it does well to open the doors and conversation towards a reform of entitlement spending, especially in Medicare and Medicaid, it doesn’t do enough to handle spending, debts and the deficit.
Even though there are $6 trillion in cuts, it takes place over 10 years and there are still deficits for 2012 ($1 trillion!) and more deficits way into the future, as much as $391 billion into 2021. This isn’t good enough!
Ruling class Republicans still can’t shed their Washington ways and they are risking a third party by the Tea Party and others in the popular wave building in the US. The party is likely to vanish in importance in about 5 years.
“The federal entitlement program with the insatiable appetite that Friedholm took over in late 1992 ate a total of $6.3 billion that year. In those years the Medicaid budget grew by about $1 billion a year. By 2009, the Medicaid hunger in Texas had grown by nearly four times to $24.6 billion, gobbling up a little more than one in every four dollars in the state budget.
The Texas Department of Health and Human Services projects the annual feeding frenzy to grow by about $3 billion in each of the next two years. Even if the Legislature passed a more austere budget for 2011-12, the percentage of state spending devoted to the health insurance program for the poor is expected to increase, albeit more slowly.”
“Brewer and GOP legislative leaders believe they’ll be able to keep the budget in balance throughout the coming year, instead of seeing it slip almost immediately into deficit, because they have balanced it structurally.
There are no tax increases and no new borrowing, although debt remains from previous years of borrowing.”
The most major cuts are $510 million in healthcare costs and about $420 million in education cuts, which is traditionally the largest area of spending in state budgets across the country,
“Florida’s legislature Wednesday began a month’s debate on a series of budget cutting measures that could bring it into the cutback spotlight, part of the firestorm of state government shrinkage nationwide.”
Looks like Florida is planning to lead the way for other states to get their acts together.
Katherine R. Windels, a 26-year-old woman, was charged Thursday with two felony counts and two misdemeanor counts for allegedly making email threats against Wisconsin lawmakers during the height of the battle over Gov. Scott Walker’s budget-repair bill.”
Part of her alleged emails read:
The subject line of the second email was: “Atten: Death Threat!!!! Bomb!!!” In that email, she purportedly wrote, “Please put your things in order because you will be killed and your families will also be killed due to your actions in the last 8 weeks.”
“I hope you have a good time in hell,” she allegedly wrote in the lengthy email in which she purportedly listed scenarios in which the legislators and their families would die, including bombings and by “putting a nice little bullet in your head.”