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Dianne Feinstein's head sees the light of day!

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doodadem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 10:16 PM
Original message
Dianne Feinstein's head sees the light of day!
Received this response back from my other senator (she usually runs about a month behind Barbara). It's looks like her head is not totally up her ass afterall.

Senator Feinstein's Statement
on President Bush's FY2006 Budget

"With the extraordinary costs of the war in Iraq and
Afghanistan and making his tax cuts permanent, the only way
President Bush can even provide an appearance of bringing the
budget into balance is to make substantial and dramatic cuts in
domestic spending.

As a result, local law enforcement, health care, education,
community development block grants and transportation -
programs that are vital to our nation and provide the mainstay of
our infrastructure, refurbishment and expansion - experience major
cuts in the President's budget.

President Bush claims to be taking our nation down the
road toward cutting budget deficits in half, but an examination of
his budget demonstrates that when all the costs are included the
deficits will grow even larger under his spending plan, burdening
our children and their children with huge tax bills to pay down the
debt.

On one hand, President Bush, has declared that Social
Security is in a crisis because long-term costs could top long-term
revenue, however, he proposes taking $170 billion from the Social
Security trust fund to help balance the budget in FY2006 alone -
and more than $2.5 trillion over the next decade. I find this form
of budget balancing deeply troubling. If these funds were left in
the trust fund, they would go a long way toward helping preserve
the program for seniors.

At the same time, the President wants to make his tax cuts
permanent at a projected cost of more than $1.9 trillion over the
next decade, and $11 trillion over the next 75 years. I strongly
oppose making these tax cuts permanent and believe it is fiscally
irresponsible and will result in huge, ballooning deficits.

Overall, this President has presided over the greatest fiscal
reversal in our nation's history - leading us from a $5.6 trillion 10-
year budget surplus when he took office to a projected $6.2 trillion
projected debt at the end of five years, based on the new budget.

In FY2005 alone, the White House Office of Management
and Budget believes the deficit will be $427 billion. Add in the
upcoming Supplemental Appropriations request of $80 billion for
Iraq and Afghanistan and the nation's annual budget deficit soars
past a half-trillion dollars. When President Bush presented his first
Budget in 2001, he committed to retiring $1 trillion in debt over
the next four years, but this commitment has turned to dust.

The President says he is committed to trimming the annual
deficit to $390 billion in FY2006 and by half in the next five years.
But this is based on ever-growing diversions from the Social
Security Trust Fund and does not include any expenditure for his
proposal to partially privatize Social Security, at an estimated cost
of $4.5 trillion over its first 20 years in operation or make the tax
cuts permanent."


Sincerely yours,

Dianne Feinstein
United States Senator

http://feinstein.senate.gov

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helist Donating Member (6 posts) Send PM | Profile | Ignore Thu Mar-03-05 10:32 PM
Response to Original message
1. On the other hand, she voted for this . . .
Edited on Thu Mar-03-05 10:33 PM by helist

http://www.ipetitions.com/campaigns/BankruptcyBill/

and she shouldn't have. ever. but she's not alone among our Senators, unfortunately.

Why they don't capitalize on this stuff is beyond reason.

These bills are the stuff Democratic political dreams are made of.

Please sign this short, polite letter, urging Democratic Senators to stand up for working families. It's the right thing to do. And it's the right thing to do.
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-05 01:22 PM
Response to Reply #1
2. Hi helist!!
Welcome to DU!! :toast:
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