Thursday
Jun172010
Arizona Duo Introduces Bill Aimed At Decreasing America's Debt
By Brandon Kosters
Talk Radio News Service
On Thursday, Senator John McCain (R-Arizona) and Rep. Jeff Flake (R-Arizona) introduced the Debt-Buy Down Act, a bill that will allow taxpayers to put 10% of their federal income tax liability toward reducing the national debt.
The bill would have the IRS include a checkbox on the annual tax returns taxpayers receive. "It then will require that the Congress cut a commensurate amount of spending in the following year," said Flake. "If Congress fails to do that, then there will be a sequester of funds."
McCain has backed some of the previous iterations of this bill that have been proposed since 1992, and he anticipates that taxpayers will embrace it, given the nation's record-breaking debt level of over $13 trillion, not to mention growing concerns among Americans over federal spending.
'We've finally found an earmark that we can both support," said Flake, "allowing individuals to earmark a portion of their taxes to pay off the debt."
Talk Radio News Service
On Thursday, Senator John McCain (R-Arizona) and Rep. Jeff Flake (R-Arizona) introduced the Debt-Buy Down Act, a bill that will allow taxpayers to put 10% of their federal income tax liability toward reducing the national debt.
The bill would have the IRS include a checkbox on the annual tax returns taxpayers receive. "It then will require that the Congress cut a commensurate amount of spending in the following year," said Flake. "If Congress fails to do that, then there will be a sequester of funds."
McCain has backed some of the previous iterations of this bill that have been proposed since 1992, and he anticipates that taxpayers will embrace it, given the nation's record-breaking debt level of over $13 trillion, not to mention growing concerns among Americans over federal spending.
'We've finally found an earmark that we can both support," said Flake, "allowing individuals to earmark a portion of their taxes to pay off the debt."
Arizona Lawmakers React to Court Decision
Philip Bunnell - Talk Radio News Service
Arizona lawmakers from both parties released statements in response to Judge Susan Bolton’s decision to curtail some of the more controversial provisions in the Arizona immigration bill, SB 1070.
Republican senators John McCain and Jon Kyl released a joint statement condemning the court’s decision.
“We are deeply disappointed in the court’s ruling and disagree with the court’s opinion that the Arizona’s law will unduly ‘burden’ the enforcement of federal immigration law,” the two senators said, “Instead of wasting taxpayer resources filing a lawsuit against Arizona…Obama Administration should have focused its efforts on working with Congress to provide the necessary resources to support the state”
Rep. Ed Pastor (D-4th), on the other hand, was satisfied with the decision.
“I am pleased with U.S. District Court Judge Bolton’s decision to issue a preliminary injunction that will prevent the core provisions of Senate Bill 1070 from taking effect,” said Pastor in a statement. “The implementation of these provisions would have seriously interfered with federal immigration enforcement causing irreparable harm to the people of Arizona.”
Congressman Jeff Flake (R-6th) said that it was “frustrating to have the federal government actively preventing states from addressing immigration enforcement, when the federal government has shown that it’s unwilling to address immigration reform on its own,” and that it is “going to take comprehensive immigration reform at the federal level to successfully address this issue.”
Rep. Ann Kirkpatrick (D-1st), while opposed to SB 1070, supported the attention that it brought to illegal immigration. Kirkpatrick was rather pessimistic in her statement, concluding that, “there are no winners here – no matter what the courts ultimately decide, we will still have wasted millions of dollars and our borders will still not be secure.”
Congressman Harry Mitchell (D-5th) joined his collegues in harshly criticizing the Obama administration for suing Arizona, saying that “today’s ruling should not provide Washington any kind of excuse not to address the issue. Arizonans are justifiably fed up with the federal government’s failure to secure the border and fix our broken immigration system, and are fed up with of all the political posturing and grandstanding on this issue.”