Obama rejects bipartisan debt deal!
Mathew Staver, Chairman Liberty Counsel Action
a plan laboriously worked out through the weekend to
the President. It was a bi-partisan approach that
centered on two steps: Lifting the debt ceiling by
a nominal amount through the end of the year,
followed by spending cuts that would exceed the debt
increase. Even though the plan was personally
presented by the President's fellow liberal Democrats,
Leaders Reid and Pelosi, Barack Obama said "NO"!
Now, if anything can bring this disaster back from
the brink, it will have to be fast, determined action
on the part of the Senate! That's why we are sending
a powerful Fax Barrage into the Senate urging Senators
to produce a bill that contains the core elements of
the House's "Cut, Cap and Balance" bill. See my urgent
message below - Mat.
This is an urgent alert! There are only a few more precious
days to avert a national fiscal disaster. Amazingly, after
being presented a BI-PARTISAN plan by the Democrat Senate
Majority Leader, accompanied by the Democrat Minority Leader
of the House, President Barack Obama immediately said, "NO"!
Senate Minority Leader Mitch McConnell's assessment that no
balanced budget deal can ever be achieved while Barack Obama
is President is beginning to look prophetic!
But we cannot afford to stand by silently while there
is still time for a resolution to this White House
stand-off. That's why we are continuing to deliver
a powerful message to the Senate through Liberty
Counsel Action's potent "Fax Barrage" program!
++The log jam in the Senate must be broken!
With each passing day, our nation's fiscal health gets worse,
leaving us, our children and grandchildren bearing the debt
burden of reckless government spending.
The US national debt now exceeds $14 trillion, a
liability of $129,000 per taxpayer!
The US unfunded liabilities debt (promised future
obligations) now exceeds $114 trillion, a debt of
over $1 million per taxpayer!
"Cut, Cap and Balance" has proven to be one of the more
level approaches to this dire national crisis that could
take the American economy into an insurmountable disaster.
++What is "Cut, Cap and Balance," and why is it vital that
the Senate produce a bill containing its core principles?
Cut -- The bill calls for discretionary and mandatory
spending reductions in FY 2012 by reducing next year's
projected $3.6 trillion in spending by $111 billion.
Cap -- Gradually places caps on spending over the
coming decade from 24.1 percent of the US economy
this year, 22.5 percent next year, to 19.9 percent
in 2021. If a cap is breached, spending would
automatically be cut. (Social Security, Medicare,
military personnel, veterans and interest due on the
debt are exempt).
Balance -- The legislation requires that Congress
pass a Balanced Budget Amendment (BBA) and mandates
that it be sent to the states for ratification before
the president's request before a debt limit increase
is granted.
++Our elected officials have a serious spending problem!
We are appalled at the Obama Administration's and Congress'
continued fiscal insanity, out-of -control government spending
and borrowing, and printing ever more currency, thus devaluing
the dollar.
Right now, fiscal conservatives in the Senate are in a unique
position to bring about changes with lasting effects - to use
the leverage of this debt ceiling debate to encourage agreement
on real spending cuts, spending caps, and even a balanced
budget amendment.
The House passed "Cut, Cap and Balance." Now it's the Senate's
turn to advance a bill that contains its core principles!
++FAX YOUR SENATORS NOW! Only a few days remain!
Liberty Counsel Action is calling on every concerned American
to take part in a massive "Fax Barrage" to key Senators urging
them to pass a bill containing the core elements of the Cut,
Cap and Balance initiative. It is a step in the right direction
to reign in government spending, exercise fiscal restraint,
and create more accountability.
This massive barrage will include an immediate and
steady stream of faxes to your two Senators and other
key leaders!
A Senate vote is expected as soon as there is agreement on a
vehicle that can be passed quickly. No one knows the exact
form a successful bill will take, but we MUST continue to
insist that the Senate bill contains the core principals the
House passed!
Click here to get your personalized messages delivered to the
halls of the United States Senate:
http://www.lcaction.org/r.asp?U=45051&CID=652&RID=32101292
If you prefer, we always encourage you to send your own faxes.
We have provided all the information you need to reach Senators
here:
http://www.lcaction.org/r.asp?U=45052&CID=652&RID=32101292
Action #2: Call your Senators!
Because time is so short, I encourage you to also call your
Senators. Firmly tell them to stand firm and commit to saving
our country from financial ruin and collapse BEFORE even
considering raising the debt ceiling, which is a mandate
included in the "Cut, Cap and Balance" bill passed by the House.
Our Fax Barrage will continue to flood Senate offices until
the critical vote takes place. We will notify you immediately
when our sources tell us a vote is imminent!
We have been told many times that this strategy really does
make a difference! But time is of the essence if we are to
have any hope of preventing the looming disaster that will
occur if no agreement is reached.
We MUST continue to be a strong voice for fiscal conservatism
and stop the President from turning this crisis into yet
another liberal fiscal disaster!
THANK YOU for supporting Liberty Counsel Action in this vital
effort!
God bless you,
Mathew Staver, Chairman
Liberty Counsel Action
P.S. Time is of the essence to contact your Senators and urge
them to pass a bill that contains the principles embodied in
the House's "Cut, Cap and Balance" legislation. Click here to
schedule your personal faxes:
http://www.lcaction.org/r.asp?U=45053&CID=652&RID=32101292
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July 25, 2011