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Sen. Ron Johnson: Comments on the Fiscal Cliff Vote

Sen. Ron Johnson is Wisconsin's Republican senator in Washington, D.C. This commentary is taken from his weekly e-newsletter to constituents.

Although I strongly prefer extension of current tax rates for all Americans, I supported the compromise bill that protects 99% of Wisconsinites from an income tax increase, limits the death tax, and prevents a dramatic increase in milk prices. It is by no means a perfect piece of legislation.

The revenue raised by this legislation will equal approximately 7% of projected deficits. It is now time for President Obama and his Democrat colleagues to show the American public their plan to close the other 93% of the deficit.

Our nation's debt now stands at $16.4 trillion, and has reached its statutory limit. We blew through the $2.1 trillion increase in the debt ceiling granted in August 2011 in only 17 months. This is clearly unsustainable, and President Obama must begin to work with Congress to reduce the size, scope, and cost of government.

We are mortgaging our children's future. This is immoral and it must stop.

Johnson Calls for Spending Reductions

President Obama got what he demanded, a tax increase on the job-creating sector of America's economy – ‘the rich.’ It will harm economic growth, hinder new job creation and, at most, reduce our annual deficit by about 5%.

President Obama then left town with 95% of the deficits still unresolved. Treasury Secretary Geithner issued a statement on December 31st that the nation had already gone over the debt ceiling cliff - $16.4 trillion. President Obama blew through the most recent $2.1 trillion debt ceiling in only 17 months. This fiscal path is clearly unsustainable.

Now is not the time to declare victory and go on vacation. Now it is time for President Obama and Democrats in the Senate to show the American people their plans to save Social Security and Medicare, and to address the remaining 95% of our annual deficit which is projected to exceed $1 trillion for the fifth year in a row. This U.S. Senator will not vote to increase the debt unless serious spending reductions are part of the package.

President Obama and Harry Reid got their tax increase. Where is their so-called balance? Where is their spending reduction plan? The clock is ticking towards a debt ceiling bubble that will explode in just a few weeks.

FreeThought Troy January 07, 2013 at 08:12 PM
And it is people like you who give Conservatives a bad reputation.
Young Conservative January 07, 2013 at 08:19 PM
It's people like me who are paying your way in life, and many like you. The lazy 47% who are having other people carry their water.
Born Free January 07, 2013 at 08:21 PM
Obama's reelection said volumes on the disparity of wealth that historically exists within the Democrat party between those of their party that don't have a pot to pee in (you know who they are) versus those that have way more then 2 pots to pee in (Hollywooders, NY 5th Avenuer's, senator's, Bernanke, Bloomberg, GM executives, rock and rollers, union bosses, media talking heads, news paper owners, Soros, Gates, Buffet, Geithners, Gore, the Hilly Billy Clinton clan, health insurer's, many other corporations, and everyone of the TITANS OF WEALTH (all Democrats) that appeared in Forbes recently, etc etc). Liberals historically blaming the conservatives for this disparity adds up to a conspiracy theory created by liberals. If conservatives really did create the disparity existing in the Democrat party they would have had to devise secret methods to first create the megalomaniac millionaires (and billionaires) in the Democrat party and insure that they kept their wealth. Conservatives will never get a nobel pease prize for the Democrat party's tireless effort to eliminate the disparity gap in their party by aborting those (you know who they are) that would create a financial threat to the Democrat party. That conservative secret methods gave life and intelligence to money then taught it where to go and what to do as well as the life and intelligence they also gave to guns then teaching them too where to go and what to do also. Conservative's are obviously omnipotant.
FreeThought Troy January 07, 2013 at 08:23 PM
Like veterans, active military, senior citizens, students and the working poor, right? That mentality lost big last November and opinion backs that up. Your kind is the minority and will experience increasing isolation in your own little bubble. Glad you are so arrogant, Young. It will be the only armor to keep you warm when you are cold and alone.
Walker January 08, 2013 at 02:05 PM
47% . . . wasn't that Mitt's final vote tally? How ironic.

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