Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

6/13/2013 (1 year ago)

Catholic Online (www.catholic.org)

Senator Ron Johnson says Obama is using 'bully pulpit'

Senator Mark Johnson and his fellow Senate Republicans began working last month alongside top White House officials to define how big the Medicare problem really was. Their proposal is to agree on the size of this particular entitlement program before tackling the reforms that would solve it. Officials were rattled at the sheer amount of debt Medicare has racked up. Originally set at around $4 trillion, it was learned that the debt was set at $106 trillion.

The deficit amount is so huge that some controversial reforms appear inconsequential in comparison.

The deficit amount is so huge that some controversial reforms appear inconsequential in comparison.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

6/13/2013 (1 year ago)

Published in Politics & Policy

Keywords: Ron Johnson, Barack Obama, Medicare, deficit, debt, entitlement


LOS ANGELES, CA (Catholic Online) - The figure of $106 trillion is only the medium estimate, or $106,954,000,000,000. Even the lowest, extremely conservative estimate comes in at $72 trillion. The highest debt estimate is over $120 trillion. 
 In the meantime, White House chief of staff Dennis McDonough, congressional liaison Rob Nabors along with other Obama officials has reiterated that U.S. President Barack Obama's position that the purported $4 trillion in deficit reduction would basically solve the problem for now.

GOP deficit projections, as prepared by Johnson and obtained by National Review Online have revealed the true size of the problem. It's disconcerting considering the many seasoned budget negotiators involved.

The deficit amount is so huge that some controversial reforms appear inconsequential in comparison. Take Obama's "chained CPI" proposal: it would save an estimated $89 billion over ten years, or 1.3 percent of the total deficit over those same ten years.

The Senate GOP projection is for 30 years, which encompasses the retirement of the baby boomers, a far more significant problem than the deficits of the past few years.
 
"In all of these budget negotiations, we're really trapped by this ten-year budget window, which, truthfully, minimizes the problem," Johnson said.

CBO's long-term budget outlook offers two estimates: the "baseline" scenario and "alternative fiscal scenario."

Baseline is according to current law; including all of the gimmicks Congress has put in current law to game their CBO scores. Under this premise, the debt will slowly go down without Congress having to do anything, which is highly unlikely.

The other scenario is more realistic. In it, debt begins to really ramp up around 2025, and quickly becomes unwieldy - even insurmountable - by 2040, when the graph ends.

President Obama made something of an admission in his speech at the Jefferson Hotel in March.
"The problem you have reforming Medicare is that for every dollar Americans pay into the system, they're going to get three dollars out in benefits. Americans don't understand that," Obama said.
 
"You're right about Medicare. We've been quoting that exact same study," Senator Ron Johnson responded, according to attendees. "We're pretty small little voices compared to your platform. It would be enormously helpful if you use that bully pulpit and start telling the American people the truth." 

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for December 2014
Christmas, hope for humanity:
That the birth of the Redeemer may bring peace and hope to all people of good will.
Parents: That parents may be true evangelizers, passing on to their children the precious gift of faith.



Comments


More Politics & Policy

Expecting a big tax refund from the IRS? Then you don't want to read this... Watch

Image of Expecting a refund? You may be left waiting longer than you think.

By Catholic Online (NEWS CONSORTIUM)

If you're counting on a big IRS return to make a big purchase, you may be waiting a lot longer than anticipated this year. Budget cuts in the IRS mean that fewer returns will be audited and services will become increasingly difficult to obtain. Worst of all for many ... continue reading


Obama's right, he has issued fewer executive orders than his predecessors, BUT... Watch

Image of Obama signs a bill while on vacation.

By Catholic Online (NEWS CONSORTIUM)

What's in a name? President Obama has ruled more from his desk, without the consent of Congress, more than any other president, but liberals are right to point out that these are not "executive actions" and don't count against his tally compared to other presidents. ... continue reading


Federal judge warned: Don't interfere with Obama's plan for deportation amnesty Watch

Image of U.S. President Barack Obama speaks about immigration reforms during a visit to Casa Azafran in Nashville,

By Catholic Online (NEWS CONSORTIUM)

In unusually strong language, the Obama administration warned a federal judge to stay out of the debate over President Obama's deportation amnesty. "Federal courts sit to decide cases and controversies, not to resolve disagreements about policy or politics," ... continue reading


Rick Santorum Seems Poised to Launch a 2016 Presidential Campaign Watch

Image of Rick Santorum

By Keith A. Fournier

I don't think I've met a 'suit' yet. It's very much heart of America, average Americans who have found a place where they see someone who will stand up and fight for them. If the Republican Party has a future - and I sometimes question if it does - it's in middle ... continue reading


You should be outraged! While Obama distracted you with a government shutdown, look what Senate Democrats snuck into this bill! Watch

Image of The White House has just received unprecedented surveillance powers thanks to an amendment to the Intelligence Authorization Act for the 2015 fiscal year.

By Matt Waterson (NEWS CONSORTIUM)

Overshadowed by the potential government shutdown and funding vote in the House, another bill was passed this week by Congress, one with much more sinister, and flagrantly un-American, goals. LOS ANGELES, CA (Catholic Online) - Congress passed a bill that gives a ... continue reading


What are they covering up? White House attempts to delay CIA torture probe Watch

Image of Secretary of State John Kerry on Friday reportedly called Sen. Dianne Feinstein, D-Calif., chairwoman of the Senate Select Committee on Intelligence, to tell her that the report's release should be delayed.

By Troy Dredge, Catholic Online

A Senate report, years in the making, which accuses the Central Intelligence Agency, or CIA of using banned torture techniques while evading oversight may never be released, According to Bloomberg, there have been ongoing efforts by the White House efforts to ... continue reading


Landmark pregnancy discrimination case heard by Supreme Court Watch

Image of Depending on the high court's ruling, companies may be required to afford mothers-to-be the same

By Catholic Online (NEWS CONSORTIUM)

A landmark case involving the rights of expectant mothers in the workplace was heard by the Supreme Court this week. Depending on the high court's ruling, companies may be required to afford mothers-to-be the same "reasonable accommodation" as they would ... continue reading


17 states REBEL against Obama, join lawsuit over immigration scandal Watch

Image of 17 states have banded together to sue Obama over his illegal action to refuse to enforce immigration reform, hoping the courts will block his attempts at providing amnesty to 5 million illegal immigrants.

By Matt Waterson (NEWS CONSORTIUM)

Seventeen states have allied together in order to sue President Obama's administration, citing the president's disregard for constitutional limits to presidential power, and refused to fulfill his obligation to enforce U.S. laws when he attempted to dismiss ... continue reading


A distinct euphemism: Health care reform was 'political miscalculation,' Schumer says Watch

Image of When the Democratic Party focused in exclusion to all else, on health care, he added,

By Catholic Online (NEWS CONSORTIUM)

One apt euphemism - which is essentially a nice term very a not-at-all-nice term, is the phrase, "Economical with the truth," i.e. lying. Senator Charles Schumer of New York, in summarizing the massive loss by democrats in elections earlier this month, said ... continue reading


The man behind the mess of Obamacare wants you to encourage abortion! Watch

Image of John Gruber, the man behind Obamacare, is an ardent supporter of abortion.

By Catholic Online (NEWS CONSORTIUM)

The architect of the Affordable Care Act (ACA), John Gruber, has made a fool of President Obama and the Democrats in his administration once again. LOS ANGELES, CA (Catholic Online) - Gruber has been recorded numerous times admitting that the ACA was written and ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Samuel 1:24-28
24 When she had weaned him, she took him up with her, ... Read More

Psalm, First Samuel 2:1, 4-5, 6-7, 8
1 Hannah then prayed as follows: My heart exults in ... Read More

Gospel, Luke 1:46-56
46 And Mary said: My soul proclaims the greatness of ... Read More

Saint of the Day

Saint of the Day for December 22nd, 2014 Image

St. Chaeromon
December 22: Bishop of Nilopolis, in Egypt. When the persecution was ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter