Speaking to a group of Veterans, President Barack Obama
tried to make his case for ending the sequester. “We’ve got these reckless,
across-the-board budget cuts called the sequester that are hitting a lot of
folks hard,” Obama said. One can only assume these are the same “across the
board” and “reckless” cuts that he proposed as part of the 2011 Budget Control
Act, and let go into place by refusing to compromise on entitlement spending
early this year. The President went on to say that without the repeal of these “reckless”
cuts (which were passed with bi-partisan approval, and signed by his hand) disabled
veterans should expect a reduction in benefits.
The President was speaking to the group about disability claims, and benefits for disabled veterans. The president touted the “progress” the Federal Government is making in reducing the backlog of claims. Currently, there are around a half a million disabled vets who are backlogged in the system. A true testament to government-run healthcare. (Good news. . . This inefficient, ineffective, backlogged system is likely to reflect the future of Healthcare in a post-Obamacare world.)
With the tone of an innocent bystander, the President explained that Congress recklessly slashed the budget (um. . . More on that in a minute) and will soon begin slashing benefits for veterans, unless Legislators start acting more liberal. According to Obama, the “reckless” act of reducing the growth in government spending by $85 billion per year is going to result in massive chaos. Of course, our Federal Reserve is printing that much, and injecting it into the economy, every month with their Quantitative Easing program. . . But, yeah, “reckless.”
At one point Obama explained, “going forward, the best way to protect the VA care you have earned, is to get rid of this sequester.” Yeah. . . Or – ya know – pass a budget. But, I guess that might be asking too much of Harry Reid. Of course, Obama’s comments brought up a number of questions. First of all, Obama indicated that benefits have so far remained untouched because of his personal intervention, saying “I made it clear that your veteran’s benefits are exempt from this year’s sequester.” And for a man who can unilaterally elect not to implement certain provisions of his own healthcare law, it would seem he’d have no problem sheltering VA benefits moving forward. If he can, with the stroke of his pen, selectively implement any law as he sees fit. . . Why exactly do we need to rid ourselves of the sequester?
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 24th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 23rd, 2014 | John Ransom