The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change



Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge


Thursday, April 21, 2011

Libertarians Decry Budget Deal As Travesty

From The Libertarian Party:

Libertarians call spending compromise "travesty"




WASHINGTON - Libertarian Party Executive Director Wes Benedict issued the following statement today:



"Just in time for Tax Day, the Republicans and Democrats in Congress have joined hands to clobber American taxpayers.



"According to the Associated Press, the 2011 spending compromise will 'cut federal outlays from non-war accounts by just $352 million through Sept. 30....When war funding is factored in the legislation would actually increase total federal outlays by $3.3 billion relative to current levels.'



"This is happening at a time when federal spending and deficits are at unprecedented high levels. Federal spending this year is expected to be about 5 percent higher than last year. This is a travesty.



"In 2000 under Bill Clinton, federal spending was $1.79 trillion. This year it's expected to be at least $3.63 trillion.



"Neither Democrats nor Republicans have made any serious proposals to change the course of the federal government. In particular, both President Obama's and Congressman Ryan's 2012 budget proposals are absurd. I fear that America will soon be overtaken by events. Inflation, high interest rates, high unemployment, and probably other unforeseen problems will start to force everyone's hand. One way or another, people aren't going to get what they have been led to expect.



"Unless American voters stop supporting Republicans and Democrats very soon, and start supporting Libertarians and Libertarian policies, I believe our future, and the future of our children and grandchildren, will be bleak."



The Cato Institute has produced a short video about the bill, "Obama/Boehner's Phony Spending Cuts."



For more information, or to arrange an interview, call LP Executive Director Wes Benedict at 202-333-0008 ext. 222.



The LP is America's third-largest political party, founded in 1971. The Libertarian Party stands for free markets, civil liberties, and peace. You can find more information on the Libertarian Party at our website.





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P.S. If you have not already done so, please join the Libertarian Party. We are the only political party dedicated to free markets and civil liberties. You can also renew your membership. Or, you can make a contribution separate from membership.





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