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Jewish World Review April 10, 2001 / 17 Nissan, 5761

David Limbaugh

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The anti-growth club


http://www.jewishworldreview.com -- DON’T fall for this tripe from Democratic senators and milquetoast Republicans that they are opposing President Bush’s tax cut plan for reasons of fiscal restraint. Shame on all of them.

Three renegade Republican senators joined with all Senate Democrats (except that great patriot Zel Miller) to dilute President Bush’s already modest tax cut proposal from $1.6 trillion to $1.15 trillion.

A triumphant Democratic Sen. Daschle declared Bush’s "original proposal" dead. Daschle’s purpose was not simply to emasculate Bush’s plan and substitute his party’s weaker alternative. That was just the first step. I know that because I listened carefully to Daschle’s words and Sen. Breaux’s.

Daschle called on the administration to begin negotiating with Democrats on structuring a new plan. Breaux added, "They realize now is the time for serious negotiations." You see, they’ve only just begun.

Republican defectors, Arlen Specter, Pa., Lincoln Chafee, R.I., and James Jeffords, Vt., better be prepared to accept responsibility for emboldening the Democratic leadership to further gut Bush’s plan. And the rest of us ought to make sure they are held accountable. More on that later.

Daschle has successfully lured these Republican senators away by one of the oldest tricks in the book: divide and conquer. Daschle appealed to their special legislative interests to get them to break ranks, primarily greater funding for education. I suppose George Bush’s proposed increase of 11 plus percent in education spending was not enough to satisfy them.

Proponents of the amendment to reduce Bush’s bill by $450 billion propose to spend an additional $225 billion on education and $225 billion toward reducing the national debt. Does anyone really believe these liberal senators have any intention of applying that money to the debt?

Beyond that, it’s ridiculous for these senators to continue treating tax cuts as a zero-sum game. History has proven that marginal income tax rate reductions stimulate revenues. Credible sources conservatively project that Bush’s tax proposal could generate as much as $600 billion in additional revenues, which would make the net "cost" of his plan approximately $1 trillion, instead of $1.6 trillion.

But the class warriors insist on eroding or eliminating the rate reductions for the highest income producers. As you might have suspected, the higher brackets are where you generate the most additional supply-side revenue. So by reducing the tax cut by $450 billion, the tax and spenders may not be saving a nickel of net revenue.

As for the additional allocations for education, why isn’t anyone calling the obstructionists on the carpet about the recent revelations concerning waste in the Education Department? Can someone please remind these paragons of fiscal restraint that federal investigators have just reported unprecedented fraud in the Department of Education?

Inspector General Lorraine Lewis told a House committee that "No one could ever give you a total number of how much fraud has occurred ... (but) about $100 million worth of recent fraud has been identified." Add to that another $250 million of duplicate expenditures that were made in error. The IG, by the way, blamed most of these "problems" on the Education Department’s incompetent financial accounting system, which Clinton implemented at a cost to taxpayers of $5 million.

The three Daschle-enabling Republican senators are doubtless maintaining that they are putting principle and the national interest above their party’s interests. Oh? Can you tell me then, Sens. Jeffords, Chafee and Specter, what principles and interests those might be?

Is the federal government not already spending enough on education? Has the education department demonstrated its worthiness to receive billions more in funding it can waste? Does the national interest dictate that you gut the tax plan so that you not only punish the highest producers, but you also reduce the growth and revenue generating features of the plan as well?

I don’t think the national interest or any lofty principles are motivating these senators any more than some arcane Scottish law prompted Sen. Specter to vote against convicting President Clinton in the Senate impeachment trial. Rather, it appears to be raw politics -- the base appeal to their eastern liberal elite constituencies. The truth is that by abandoning the party, these senators are assisting Daschle et al. in harming the national interest.

In view of these recent developments I have become ever more appreciative of Stephen Moore’s Club for Growth, which targets for defeat politicians who obstruct pro-growth capitalism. I hope the club will take a long hard look at these three defectors.



David Limbaugh, a columnist and attorney apracticing in Cape Girardeau, Mo., is the author of the just-released exposé about corruption in the Clinton-Reno Justice Department, "Absolute Power." Send your comments to him by clicking here.

Up

04/04/01: Campaign finance reform fallacies
04/02/01: How to destroy a nation
03/28/01: Double trouble for Dubya
03/26/01: Bush seeks Israeli security, not a peace prize
03/21/01: Bush tax cuts and Dem distortions
03/19/01: Celebrating disbarment
03/14/01: Campaign cold feet and Democratic hypocrisy
03/12/01: Missiles, berets, morale and diplomacy
03/07/01: The GOP and race revisited
03/05/01: Dems and the ghost of 2002
02/28/01: Common threads in Clinton pardons
02/26/01: Clinton defenders should apologize
02/22/01: Clinton woos media as Bush governs
02/20/01: Liberal idealism: Where have all the flowers gone?
02/14/01: The Clintons and selective media outrage
02/12/01: Bush's tax cut challenge: A historical view
02/07/01: Democrats' Dubya dilemma
02/05/01: Dubya is confounding the media
01/29/01: The Teamsters, the DNC and the reformers
01/29/01: The Old Limey
01/25/01: Clinton’s disgraceful departure
01/22/01: Ashcroft: Principle above self
01/17/01: Justice for Riady?
01/15/01: Ashcroft: A hill to die on
01/10/01: Returning to the supply side
01/08/01: Reasons for optimism
01/03/01: Bush's daunting challenges
12/28/00: Ashcroft: A triumph for the rule of law
12/26/00: A tinge of revenge?
12/20/00: GOP: Breaking the race barrier
12/18/00: Civility doesn't require surrender
12/13/00: Al Gore: Innocent victimizer
12/11/00: Judicial restraint and ordered liberty
12/06/00: The four years war
12/04/00: Debunking Gore myths
11/29/00: Defending the smaller principles
11/27/00: Albert O'Gore and the little people
11/22/00: Doing 'anything to win'
11/15/00: Enough is enough, Mr. Gore
11/13/00: Al Gore: Thy country or thyself?
11/08/00: Bill and Al: Your time is up
11/06/00:The impending Bush mandate
11/01/00: Can't stop thinkin' 'bout tomorrow
10/30/00: George: Give Gore the ball back
10/25/00: Mr. Gore: A few more questions
10/23/00: It's the big government, stupid
10/18/00: Gore's down, so will he panic?
10/16/00: We're fresh out of new Al Gores
10/11/00: Gore: Fuzzy math = dirty politics
10/10/00:Gore: Renaissance man or unbalanced?
10/04/00: Where have you been, Albert Jr.?
10/02/00: Clinton’s fragmented presidency
09/27/00: Liberal media doth protest too much
09/25/00: AlGore: Turning dreams into nightmares
09/20/00: Something fishy's going on
09/18/00: It's the liberalism, stupid
09/13/00: An open letter to open-minded cynics
09/11/00: The virtues of going negative
09/06/00: On a mission for marriage
09/04/00: Al Gore's 'Trivial Pursuits'
08/30/00: Lieberman and the paradox of liberal 'tolerance'
08/28/00: A campaign divided against itself
08/23/00: Al Gore's trickle-down populism
08/21/00: Prosperity without a clue
08/16/00: AlGore can run but he can't hide
08/14/00: When hate speech is OK
08/09/00: Bush: The pundits' enigma
08/07/00: GOP convention: Live or Memorex?
08/02/00: The first attack dog
07/31/00: The Cheney taint?
07/26/00: The anti-gun bogeyman
07/24/00: The raging culture war
07/19/00: Is Hillary 'Good for the Jews'?
07/17/00: How dare you, George?
07/12/00: Jacoby's raw deal
07/10/00: The perplexities of liberalism
07/05/00: Big Al and big oil
07/03/00: Partial-birth and total death
06/28/00: Some questions for you, Mr. Gore
06/26/00: Supreme Court assaults religious freedom
06/21/00: Waco: We are the jury
06/19/00: "Outrage" just doesn't quite cut it anymore!
06/14/00: Al Gore: Government's best friend
06/12/00: Say goodbye to medical privacy
06/07/00: Elian: Whose hands were tied?
06/05/00: Who, which, what is the real Al Gore?
06/01/00: Legacy-building idea for Clinton
05/30/00: Clinton: Above the law or not?
05/24/00: Not so fast, Hillary
05/22/00: Gore's risky, fear-mongering schemes
05/17/00: Can Bush risk pro-choice running mate?
05/15/00: Right to privacy, Clinton-style
05/10/00: Patrick Kennedy and his suit-happy fiddlers
05/08/00: Don't shoot Eddie Eagle
05/03/00: Congress caves to Clinton, again?
05/01/00: The resurrection of outrage
04/28/00: A picture of Bill Clinton's America
04/19/00: President Clinton: Teaching children responsibility
04/17/00: Elian, Marx and parental rights
04/12/00: Elian, freedom deserve a hearing
04/10/00:The fraying of America
04/05/00: Noonan: End Clintonism now
04/03/00: Bush: On going for the gold
03/29/00: Phantasma-Gore-ia
03/27/00: Treaties, triggers, tobacco and tyrants
03/22/00: Media to Bush: Go left, young man
03/20/00: Stop the insanity
03/15/00: OK Al Gore: Let's go negative
03/13/00: Deifying of the center
03/08/00: The media, the establishment and the people
03/01/00: McCain's coalition-busting daggers in GOP's heart
02/28/00: Bush's silver lining in McMichigan
02/24/00: A conservative firewall, after all
02/22/00: Bush or four more of Clinton-Gore?
02/16/00: Substance trumps process
02/14/00: The campaign finance reform mirage
02/09/00: President McCain: End of the GOP as we know it?
02/07/00: From New Hampshire to South Carolina
02/02/00: SDI must fly
01/31/00: Veep gores Bradley
01/26/00: The issues gap
01/24/00: GOP: Exit, stage left
01/20/00: Nationalizing congressional elections
01/18/00: Do voters really prefer straight talk?
01/12/00: Media's McCain efforts may backfire
01/10/00: Conservative racism myth
01/05/00: Just one more year of Clintonian politics
01/03/00: McMedia?
12/27/99: Al Gore: Bullish on government
12/22/99: Bradley's full-court press
12/20/99: Bush: Rendering unto Caesar
12/15/99: Beltway media bias
12/13/99: White House ambulance chasing
12/08/99: Clinton's labor pains
12/06/99:The lust for power
12/01/99: In defense of liberty
11/29/99: Are Republicans obsolete?
11/24/99: Say you're sorry, Mr. President
11/22/99: Architects of victory
11/17/99: Trump's tax on freedom
11/15/99: GOP caves again
11/10/99: Triangulation and 'The Third Way'
11/08/99: Sticks and stones
11/03/99: Keyes vs. media lapdogs
11/01/99: Signs of the times
10/27/99: The false charge of isolationism
10/25/99: A matter of freedom
10/20/99: Clinton's mini-meltdown
10/18/99: Senate GOP shows statesmanship
10/13/99: Senate must reject nuclear treaty
10/11/99: Bush bites feeding hand
10/06/99: Jesse accidentally opens door for Pat
10/04/99: Clinton and his media enablers
09/29/99: Reagan: Big-tent conservatism
09/27/99: The Clinton/Gore taint?
09/22/99: Have gun (tragedy), will travel
09/20/99: Hillary's blunders and bloopers
09/15/99: GOP must remain conservative
09/13/99:Time for Bush to take charge, please
09/10/99: Bush's education plan: Dubya confounds again
09/07/99: Pat, savior or spoiler?
09/02/99: Character doesn't matter?
08/30/99: Should we judge?
08/25/99: Dubyah's drug question: Not a hill to die on
08/23/99: Should Dubyah start buying soap ... for all that mud?
08/16/99: 'W' stands for 'winner'
08/11/99: The truth about tax cuts
08/09/99: Hillary: Threading the needle
08/04/99: What would you do?
08/02/99: No appeasement for China
07/30/99: Hate Crimes Bill: Cynical Symbolism
07/26/99: It’s the 'moderates', stupid
07/21/99: JFK Jr. and Diana: the pain of privilege
07/19/99: Smith, Bush and the GOP
07/14/99: GOP must be a party of ideas
07/12/99: Gore's gender gap
07/08/99: Clinton’s faustian bargain: our justice
07/06/99: The key to Bush's $36 million
06/30/99: Gore: a soda in every fountain
06/28/99: 'Sacred wall' or religious barrier?
06/23/99: GOP must lead in foreign policy
06/21/99: Crumbs of compassion
06/16/99: Compassionate conservatism: face-lift or body transplant?
06/10/99: Victory in Kosovo? Now What?

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