This morning Rep. Todd Rokita, a freshman Republican
representing Indiana's Fourth Congressional District, addressed a
Newsmaker Breakfast sponsored by The American Spectator
and Americans for Tax Reform. Acknowledging that he comes from a
heavily Republican district, Rokita argued that the Democratic
narrative about a huge townhall backlash against the 2012 GOP
budget is false.
Rokita took us through the slideshow he presents to his own
constituents about the debt crisis facing the country. His charts
and graphs paint a picture of historic debt levels leading to
historic tax increases and then historic unemployment in the
absence of systemic entitlement reforms like those envisioned by
Paul Ryan's budget. He also takes care to illustrate the money
being borrowed from the Chinese, complete with China's flag and
fighter pilots. He also has slides that show that neither tax
increases on the wealthy nor cuts to defense and unpopular
expenditures (earmarks and foreign aid) will suffice.
Rokita said the Ryan budget "was radical for Washington, D.C."
but he did not "think it goes far enough." He thinks gradual
changes to the retirement age and "more aggressive means-testing"
should begin sooner rather than later, and says many senior
citizens in his townhall meetings are willing to sacrifice if it
means more sustainable debt levels for their grandchildren. Rokita
believes there is more support for means-testing and retirement age
modifications in Congress than in personal accounts, but said
free-market reform is "not dead to me."
The congressman argued that the "crappy one- and two-week CRs"
touching discretionary spending were "not the hill to die on" but
changes to entitlement programs definitely are. They are more
difficult for future Congresses to change and address the spending
that is actually driving the country's debt problems. Rokita says
some kind of systematic change will be necessary to secure his vote
for raising the debt ceiling. Even default does not push the
economic consequences on to future generations, he argued.
Rokita chided Republicans for being too worried about their 2012
prospects to take the lead on federal spending now. He says they
need to make the most of their present opportunity. In terms of
campaign politics, Rokita said he was staying out of Indiana's GOP
Senate primary (he noted that Richard Lugar hasn't asked for his
support), is backing Mike Pence for governor, and does not know if
Gov. Mitch Daniels will run for president but he'd be on board if
the governor did.
Odd title as it seems that he is really thinking short term.
That is he is proposing reductions early rather than later.
As anyone who has found themselves with a drastic drop in income
can tell you. You must act immediately. You have to prioritize and
drop things that are no longer necessary. The GOP does not do that.
I reduces spending "over the long term", but leaves high deficits
over the next 5 or 6 years. That means "long term" suicide. When
both the GOP and the Democrats want to spend the nation into
oblivion where do we turn?
Bill Hussein O'Stalin| 5.5.11 @ 3:27PM
He sounds like the only in Washington who knows what he's
talking about. That also means he's the only one worth listening to
on the subject.
Bill Hussein O'Stalin| 5.5.11 @ 3:27PM
He sounds like the only in Washington who knows what he's
talking about. That also means he's the only one worth listening to
on the subject.
Mike Gabel| 5.5.11 @ 4:16PM
Someone needs to remind Mr. Rokita (and any other confused
conservative) that means testing and retirement age modification
are simply broken promises by the US Government. Promises, by the
way, that could never be kept in the first place.
These false reforms are the same broken promises of increasing
the Social Security Tax, denying inflation increases for benefits,
and increasing the taxability of benefits.
All of it is bullcrap and it makes Social Security more of a
wealth distribution scheme than it already is!
Privatization is the only true reform; the one that get
government out of the retirement savings business; the one that
protects our liberty and our private property.
Mick Lee| 5.6.11 @ 9:17AM
Mike. Means testing and retirement age modification are a way to
shift to privatization. They tell the vast majority of us that if
we want to retire at 65 or younger we'd better make other
arrangements.
Mike Gabel| 5.6.11 @ 5:59PM
Yeah Mick, but the problem is that the gov't will still expect
our tax contributions to the welfare state.
I'd be glad to opt out if it were possible. The government can
keep whatever I've contributed to date, and I'd still kick some in
for an honest safety net, for those who truly can't do for
themselves.
The problem here is that I used "honest" and "government" in the
same sentence.
Wayne | 5.7.11 @ 12:52PM
Good point. This is a broken contract with the citizens of the
United States. Where in the constitution is it allowed for the
government to break these contracts? The only real solution to this
problem is a bankruptcy and a reformation. It won't be good for
seniors, but the financial situation leaves no viable option.
Flabby Hoosier| 5.9.11 @ 6:13AM
"Where in the constitution is it allowed for the government to
break these contracts?" Better question: where in the Constitution
was authority for Congress to make these promises? The
handwriting's been on the wall for these Ponzi schemes for a long
time and anyone that's been banking on them being there for them
has been kidding themselves.
Michael L. Hauschild| 5.5.11 @ 4:41PM
I say when it comes to spending we must rethink the GOP.
Occam's Tool| 5.6.11 @ 1:57AM
Dear Michael,
when I was thinking of extremely intelligent bloggers here I
missed your name. Please forgive me my oversight.
CJohnson| 5.6.11 @ 11:08AM
Planning future spending without addressing present and past
spending. Yep, that pretty much describes the ex.
PattyMor| 5.6.11 @ 2:21PM
The U.S. is running out of time. We do not have 10 years to wait
for the Ryan Plan to kick in. We are just about to go over the
cliff; meanwhile Obama punts on the budget. Mr. O keeps saying he
has a plan, but last time I looked, all he had was a speech. That
way, you can't hold him to anything. How's that for leadership.
Again, leading from behind and taking potshots to boot.
But he has plenty of time to rake in the cash.
Oldefarte| 5.6.11 @ 5:04PM
Some fixes are easily accompolished. The government must repay
the SS trust fund the $2 [?] trillion that it has stolen [borrowed
in governmese] from same. Next, delete the $100000 wage cap/limit
on wages/income subject to SS taxiation going forward. SS problem
solved. Overall, substantial cuts/eliminations are necessary for
foreign aid [think Pakistan's $2 bil while harboring UBL and
Mubarek's $billions in swiss bank accounts], farm aid, excessive
military hardware, and lastly [but never last] any/all GOVERNMENTAL
WELFARE!!!!!!!!!!!!
Wayne | 5.5.11 @ 1:05PM
Odd title as it seems that he is really thinking short term. That is he is proposing reductions early rather than later.
As anyone who has found themselves with a drastic drop in income can tell you. You must act immediately. You have to prioritize and drop things that are no longer necessary. The GOP does not do that. I reduces spending "over the long term", but leaves high deficits over the next 5 or 6 years. That means "long term" suicide. When both the GOP and the Democrats want to spend the nation into oblivion where do we turn?
Bill Hussein O'Stalin| 5.5.11 @ 3:27PM
He sounds like the only in Washington who knows what he's talking about. That also means he's the only one worth listening to on the subject.
Bill Hussein O'Stalin| 5.5.11 @ 3:27PM
He sounds like the only in Washington who knows what he's talking about. That also means he's the only one worth listening to on the subject.
Mike Gabel| 5.5.11 @ 4:16PM
Someone needs to remind Mr. Rokita (and any other confused conservative) that means testing and retirement age modification are simply broken promises by the US Government. Promises, by the way, that could never be kept in the first place.
These false reforms are the same broken promises of increasing the Social Security Tax, denying inflation increases for benefits, and increasing the taxability of benefits.
All of it is bullcrap and it makes Social Security more of a wealth distribution scheme than it already is!
Privatization is the only true reform; the one that get government out of the retirement savings business; the one that protects our liberty and our private property.
Mick Lee| 5.6.11 @ 9:17AM
Mike. Means testing and retirement age modification are a way to shift to privatization. They tell the vast majority of us that if we want to retire at 65 or younger we'd better make other arrangements.
Mike Gabel| 5.6.11 @ 5:59PM
Yeah Mick, but the problem is that the gov't will still expect our tax contributions to the welfare state.
I'd be glad to opt out if it were possible. The government can keep whatever I've contributed to date, and I'd still kick some in for an honest safety net, for those who truly can't do for themselves.
The problem here is that I used "honest" and "government" in the same sentence.
Wayne | 5.7.11 @ 12:52PM
Good point. This is a broken contract with the citizens of the United States. Where in the constitution is it allowed for the government to break these contracts? The only real solution to this problem is a bankruptcy and a reformation. It won't be good for seniors, but the financial situation leaves no viable option.
Flabby Hoosier| 5.9.11 @ 6:13AM
"Where in the constitution is it allowed for the government to break these contracts?" Better question: where in the Constitution was authority for Congress to make these promises? The handwriting's been on the wall for these Ponzi schemes for a long time and anyone that's been banking on them being there for them has been kidding themselves.
Michael L. Hauschild| 5.5.11 @ 4:41PM
I say when it comes to spending we must rethink the GOP.
Occam's Tool| 5.6.11 @ 1:57AM
Dear Michael,
when I was thinking of extremely intelligent bloggers here I missed your name. Please forgive me my oversight.
CJohnson| 5.6.11 @ 11:08AM
Planning future spending without addressing present and past spending. Yep, that pretty much describes the ex.
PattyMor| 5.6.11 @ 2:21PM
The U.S. is running out of time. We do not have 10 years to wait for the Ryan Plan to kick in. We are just about to go over the cliff; meanwhile Obama punts on the budget. Mr. O keeps saying he has a plan, but last time I looked, all he had was a speech. That way, you can't hold him to anything. How's that for leadership. Again, leading from behind and taking potshots to boot.
But he has plenty of time to rake in the cash.
Oldefarte| 5.6.11 @ 5:04PM
Some fixes are easily accompolished. The government must repay the SS trust fund the $2 [?] trillion that it has stolen [borrowed in governmese] from same. Next, delete the $100000 wage cap/limit on wages/income subject to SS taxiation going forward. SS problem solved. Overall, substantial cuts/eliminations are necessary for foreign aid [think Pakistan's $2 bil while harboring UBL and Mubarek's $billions in swiss bank accounts], farm aid, excessive military hardware, and lastly [but never last] any/all GOVERNMENTAL WELFARE!!!!!!!!!!!!