The Edmond Sun

Local News

December 1, 2012

Sen. Inhofe’s anti-sequestration bill proposes spending cuts

EDMOND — Congressional Democrats and Republicans remain divided in reaching an agreement with President Barack Obama to avoid the fiscal cliff scheduled to take effect Jan. 1.

The president proposes that income tax rates should rise on individuals earning more than $200,000 a year and families making more than $250,000, or the top 2 percent of Americans. Doing so would push the federal income tax rate back to the Clinton-era level of 39.6 percent.

In campaign-style speeches, Obama this week urged supporters to call their representatives to insist that reducing fiscal spending should not be unfairly placed on the middle class.

Conservatives have two schools of thought in responding to Obama, said Republican Dave White of Deer Creek, an owner and COO of Sawyer Media. One thought supported by Congressman Tom Cole, R-Moore, is to accept the tax increase on the top 1 percent of earners as a compromise, White said. House Republicans would have to break from their Grover Norquist pledge not to increase taxes.

“Democrats feel like all they really need to do right now is get us to acquiesce on the tax increases on the top earners. That’s not true,” White said. “I believe we have leverage over Democrats, and particularly Obama, in what his legacy is going to be for the second term. We need to stick to our guns.”

White said he doubts that Obama wants his legacy to be a double-dip recession with more years of high unemployment and no growth.

U.S. Sen. Jim Inhofe, R-Okla., introduced a bill before the presidential election with a solution to avoid the fiscal cliff, he told The Edmond Sun. Obama keeps talking about raising $1.2 trillion with the tax increase, Inhofe said.

“This president through his own actions has $5.3 trillion in deficits which is from his own budget,” Inhofe said. “So why should this be difficult? The answer is, it’s not.” Inhofe proposes raising $2.7 trillion additional revenue without defense cuts.

Inhofe calls on growing the economy the way President John F. Kennedy did in the 1960s and President Ronald Reagan did during the 1980s.

“Undo some of Obama’s agenda such as his getting rid of work requirements for welfare that has resulted in a growth of programs like food stamps,” Inhofe said.

Inhofe said The Sequestration Prevention Act that he authored would do the following:

• Repeals Obamacare & Block Grants Medicaid (saves $1.1 trillion). Following U.S. Rep. Paul Ryan’s approach, this will reduce Medicaid spending by $1.2 trillion and will hand over the management of the program to the states;

• Reduces Non-Defense Discretionary Spending to FY2006 levels (saves $952 billion);

• Freezes Non-Defense spending at FY06 levels through FY2017; allows 2 percent annual increase thereafter;

• Block Grants Food Stamps (saves $285 billion); repeals the current Food Stamp program and creates a block grant program that is scaled back to a lower level. It allows states to design and manage their own programs;

• Reduces the federal workforce by 10 percent through attrition (saves $144 billion);

• Enacts Medical Malpractice Tort Reform (saves $74 billion); caps non-economic damages at $250,000; caps punitive damages at $250,000 or twice the amount of economic damages, whichever is more;

• Repeals funding of climate change and global warming related activities (saves $83 billion);

President Bill Clinton signed a welfare reform bill during the 1990s which immediately dropped the number of families on welfare from 5 million to 3 million families, Inhofe said.

“And along came Obama and took the conditions out,” Inhofe said of work requirements. “… The number of individuals on food stamps increased from 28 million to 48 million.”

Tax increases are not necessary, Inhofe said. He remains uncertain whether Democrats will accept any of his recommendations.

“It depends on the pressure of the American people to do something to come up with a difference without having tax increases,” Inhofe said.

Edmond certified financial planner Greg Womack said he does not believe Congress will can solve the $16 trillion debt issue with new taxes.

“I am totally against any tax because most of the new taxes will fall on business creation and small business owners,” Womack said. “It’s something we cannot afford. Jobs are anemic. The economy is still limping and we can’t do anything at this point to hurt that.”

Revenue will come when the economy is better, he said, and spending cuts are necessary.

jcoburn@edmondsun.com | 341-2121

1
Text Only
Local News
  • Preparing for a fall home garden

    Gardening can be a year-around activity for those that have an appreciation for fresh and nutritious vegetables. Some of the best vegetables in Oklahoma are produced and harvested during the cooler weather of fall. Successful fall gardens, however, require some work in the summer growing season. Factors to be considered are location, soil preparation, crops to be grown and how/when to plant.  
    The major consideration for garden placement is sunlight. All vegetables require some sunlight; the most popular vegetables require full sun. “Full” sun means at least 8 hours of intense, direct exposure.

    July 24, 2014

  • OBU dance team celebrates National Dance Day

    In 2010, “So You Think You Can Dance” co-creator and Dizzy Feet Foundation co-president Nigel Lythgoe created National Dance Day in an effort to help people embrace dance and combat obesity on the last Saturday in July.
    This year, on July 26, Oklahoma Baptist University’s dance team will host a fundraiser that allows participants to dance all day for $30. The fundraiser will be in the Noble Complex on OBU’s campus.
    Cami Gower, an OBU junior and co-captain/co-founder of the dance team, said the team’s officers have been planning for their upcoming season since April. Gower is a graduate of Deer Creek High School.
    “Since then we have been coming up with better ways to reach the community with dance,” she said. “This day of dance was a great way to do it and help the team raise funds.”

    July 24, 2014

  • Blackmon.jpg Local cops arrest NFL player on marijuana complaint

    The Edmond Police Department has released the incident report related to the arrest of ex-Oklahoma State star and current NFL player Justin Blackmon.
    Blackmon, 24, a product of Plainview High School in Ardmore, is a 6-1, 210-pound wide receiver in his second year with the Jacksonville Jaguars. At Oklahoma State University, he was a two-time Biletnikoff Award winner as the country’s best collegiate wide receiver.

    July 24, 2014 1 Photo

  • Women aided in Afghanistan, Rwanda through AT&T

    AT&T renewed its support for the PEACE THROUGH BUSINESS program Wednesday by making a $125,000 contribution to the program at Lakeside Women’s Hospital in Oklahoma City.
    AT&T has been a major supporter of Peace through Business since its inception in 2007, said Steve Hahn, the new president of AT&T Oklahoma.

    July 23, 2014

  • Salvation Army pantry closes until September

    Due to an increase of need, The Salvation Army in Oklahoma County has distributed all of its food supply. July 23 was the last day of the food pantry operations. In preparation for the move to the Center of Hope at 1001 N. Pennsylvania, The Salvation Army Client Choice Pantry will not resume operations until September.

    July 23, 2014

  • Payne Co. crash sends Guthrie man to hospital

    A two-vehicle crash in Payne County sent a Guthrie man to a local hospital, a trooper stated.
    Oklahoma Highway Patrol Trooper James Ritze stated a 2005 Jeep SUV and a 2013 Ford pickup were about a mile east of Perkins headed west on State Highway 33. When the pickup slowed for a truck pulling out of a private drive, the SUV struck the rear of the pickup, Ritze stated.

    July 23, 2014

  • 7-11 Second Street to get new 7-Eleven

    The amended site plan for a new 7-Eleven Convenience Store was approved by the Edmond Planning Commission this week by a vote of 4-0.

    July 23, 2014 1 Photo

  • Guard adds jobs, revenue to Oklahoma

    During a Wednesday morning press conference at Joint Force Headquarters, members of the Guard touted the findings of an in-depth study addressing impacts the organization has in areas including gross state product, employment and tax revenue.

    July 23, 2014

  • Large party turns into police house search

    A citizen’s tip about an excessive amount of foot traffic led to the discovery of 76 grams of marijuana, digital scales and firearms in an Edmond home, an incident report states.

    July 23, 2014

  • Gas State gas price plummets 18 cents in 25 days

    Abundant domestic refinery production is behind a steep 18-cent plunge in Oklahoma gasoline prices at the pump during the last 25 days, AAA reports.

    July 22, 2014 1 Photo

Featured Ads
NDN Video
Bill Murray Continues To Be Just Bill Murray By Eating Some Free Bill Murray Ice Cream Deja vu: Another NYPD officer choke-holding a suspect Hillary Clinton Blamed Bill's Affair With Monica Lewinsky On Abuse He Suffered As A Child 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Chapter Two: Becoming a first-time director Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years LeBron James -- Dropped $2k On Cupcake Apology ... Proceeds To Benefit Charity Snoop Dogg Says He Smoked Weed at the White House Raw: Fight Breaks Out in Ukraine Parliament Chris Pratt Interrupts Interview To French Braid Intern's Hair Shirtless Super Mario Balotelli Dances While Ironing - @TheBuzzeronFOX Whoa! Watch "Housewives" Star Do the Unthinkable LeBron apologizes to neighbors with cupcakes Justin Bieber In Calvin Klein Underwear Shoot Samsung Pre-Trolls The IPhone 6 With New Ad Jimmy Kimmel Introduces His Baby Girl
Poll

If the Republican runoff for the 5th District congressional seat were today, which candidate would you vote for?

Patrice Douglas
Steve Russell
Undecided
     View Results