August 2, 2011
WASHINGTON – US Senator Robert Menendez (D-NJ) today voted against the debt deal because it lowers the deficit on the backs of working class Americans, demands no sacrifices from those who can best afford it, and could jeopardize our economy’s fragile recovery.
“I cannot in good conscience support a plan where soldiers, seniors, students, and working families must endure trillions in cuts, but oil companies, billionaires, and corporate jet owners are not asked to pay their fair share” said Senator Menendez. “I supported the Reid plan and previous efforts to reduce the deficit because I believe it’s important to stem our nation’s rising debt, but I believe that we must do so in a balanced way that calls for shared sacrifice, just as the American people have demanded. Such an unbalanced approach is not only unfair, but it could also jeopardize our already fragile economy.”
Senator Menendez took to the Senate floor yesterday to explain his opposition to the plan.
WASHINGTON – In this week’s address, President Obama called on both parties to work together to find a balanced approach to solving our nation’s deficit problem. The President emphasized the importance of compromise and shared sacrifice so that we can overcome our fiscal challenges and move our country forward. To get our fiscal house in order, we must cut spending, but we must also close tax loopholes for special interests and ask the wealthiest Americans to pay their fair share. Through cooperation and a bipartisan approach, we can get our economy on firmer ground and give our businesses the confidence they need to create more jobs across the United States.
>WASHINGTON – In this week’s address, President Obama said that he expects Democratic and Republican leaders in Congress to find common ground as Congress focuses on a short term budget next week. The President will consider any serious ideas to reduce the deficit, regardless of which party proposes them. In fact, the President has already proposed freezing domestic spending, which would cut the deficit by $400 billion and bring this kind of spending to the lowest level, as a percentage of our economy, since the Eisenhower administration. But, cutting investments in education and innovation would hinder our ability to out-compete the rest of the world. While the President recognizes that everyone needs to be willing to sacrifice, we cannot sacrifice our country’s ability to win the future.
I know, I know…. it’s Saturday morning and you don’t want to think of school, but in light of the recent school budget defeats learning in the classroom may become a little harder for all of us kids in the not to distant future.
So, if we need some extra credit to help us get through the school year Saturday may have to become the new Friday
If anyone is interested, I would like to point out that there is a budget workshop meeting planned for tonight in Middletown down at town hall.
If you would like to express your concerns about how your tax dollars will be spent or have any thoughts on how Middletown can trim excess dollars from the upcoming budget, now is the time to speak up.
It doesn’t matter what political affiliation you subscribe to, this is about how your money is spent. Let the Mayor and other committee members know how you feel:
DATE: Wednesday, January 14, 2009
TIME: 7:00 PM BUDGET WORKSHOP MEETING
PLACE: Middletown Town Hall
Main Meeting Room
One Kings Highway, Middletown, NJ 07748
at which time the following matters of business will be conducted:
7:00 PM BUDGET WORKSHOP SESSION
EXECUTIVE SESSION TO FOLLOW
and any other matters that may come before the Township Committee.