Mitch McConnell: Obama Not Serious About Entitlements Reform

The democrats and even some tea party members want cuts made in areas of waste and military - areas where republicans won't go. For example it was just announced today that Bank of America paid zero federal taxes and the other big banks paid only 11%. This country has shifted the tax burden onto families while they worked longer harder and for less and corporations and wall street walked away with record profits. There is little room for compromise when dems fight for families and workers and republicans fight for corporations.

reply to sfamilyent: Manufacturing sector has had 19 months in gains and exports have seen double digit gains. For every 10% gain in exports equals a gain of 7% in jobs. President Obama and his administration have negotiated better trade agreements and are enforcing existing trade laws (that Bush didn't enforce). Legislation has passed for businesses to writeoff 100% of improvements made in this country as well as hiring incentives. This holds business more accountable for job creation instead of just throwing them the money and hoping it trickles down - which it never did.

The primary issue of the day is jobs. Balancing the budget will be less of an issue if employment increases. So, where are the actions to produce jobs?

"We’ve just found out startling information, and I am calling on President Obama, Majority Leader Harry Reid and former Speaker of the House Nancy Pelosi to apologize to the American people and explain why in the bill known as Obamacare they put in over $105 billion in appropriations.

“The funny thing is, they forgot to tell the members of the Senate that there was $105 billion in spending in that bill. They forgot to tell members of the House.

Here's an easy way to cut the budget...

“Since when do we pass a transformative piece of legislation like the government takeover of healthcare and just happen to drop in $105 billion in appropriations, the purpose of which will be to implement this massive new bill? No one knew. We have just found out in the last week or so.

“This is a stunning revelation. It’s shocking. We’ve been fighting to cut $100 billion out of the budget and then we find out that the Democrats led by President Obama have already spent $105 billion and didn’t bother to tell Congress.

Michelle Bachman (say what you will about the woman - but I seriously doubt she would make such an inflammatory claim without proof)

Read more on Newsmax.com: Bachmann Exclusive: Obama, Reid and Pelosi 'Deceitfully' Hid $105 Billion in Obamacare
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Social Security and Medicare are not entitlement programs. These programs pay for themselves. If Social Security had been left in it's own trust, before Lendon Johnson made it part of the general funds, it would be self sufficient. I also had medicare cost taken out of my salary. My definition of entitlement is programs that do not contribute to their funding. So please do not keep refering Social Security and Medicare as entitlements. Medicade is an entitlement as it does not contribute, that is definitely a give away program states can not afford.

What the gop is serious about is cutting jobs and job creation at the federal and state levels. Cantor wants to bring back the 2004 tax rate of 5.25% for overseas profits and Michelle Bachmann wants to repeal the banking legislation - which is right back to their old failed policies. Why anyone could have been manipulated to vote them back in office is beyond me.

Mconnell say's Obama isn't serious, they come out and fight to give even more huge tax breaks that adds to the deficit and then they yell at Obma to cut entitlement, Social Security and medicare are not entitlements they were paid for and if the goverment ha been minding their own business adjustments could have been made long ago at a slow pace and would hav never hurt people as badly. If these programs had not been added in with the Federal budget to where the Politicians could get their hands on it it would be a lot better off as well. And if they think for one minute I will invest in anything the goverment has a finger in I will quit working at anything that shows on a tax form. And definately Wall Street is out totally . I do not trust the Republicans to do anything good for the people and for sure Mconnell won't . My major goal is to work from now till the next election time to remove him as well as Boehner , Next would be Issa and Eric Cantor.

reply to msgusarmyret77: Your figures for the debt are wrong. Clinton went from a 399 billion debt left from Reagonomics and lowered it to $18 billion, which is what the gop started with under Bush and ended with over $11 trillion in debt - the largest amount financed from other countries in our history. But you are so right about the rest. One of the ways Clinton brought our debt down was taxing the upper 2% a little more, which the gop fights against when it would have been the smartest thing to do at this time.

And how much pork has McConnell brought back to his state?

Where did the National Debt come from? Reagan $1.9 trillion. Bush I $1.6 trillion. Clinton $1.6 trillion. Bush II $4.9 trillion. Bush's tax cuts for the rich which didn't expire until Dec 2010 added another $1.2 trillion to Pres Obama's budget that he could do nothing about. So where were the Republicans when the National Debt was exploding. Their only solution now is to cut the help needed to the have-nots of the country. They will block any attempt to raise the income of the country by raising the taxes on the rich to where they were before Reagan. The top 1/2 of one percent of the rich own this country and the bottom 25% of the people are living on welfare because they have no jobs and starving.