Wednesday, July 13, 2011

Ron Johnson Thinks The Budget Deficit Is Your Problem, Not His (Part II)

Last week, Senator from Wisconsin Ron Johnson voted against even considering raising taxes on himself and other millionaires in the future, not even a cent. Mr. Johnson would rather kill Medicare than even consider raising taxes on himself. Fortunately, a majority of Republicans voted with the Democrats to consider a non-binding resolution that says those who make $1 million or more "make a more meaningful contribution."

Today, the resolution was considered, but Mr. Johnson and the rest of the Republicans voted against bringing the resolution to a vote. Mr. Johnson and the Republicans didn't want to have to vote against the actual bill, because it's such a ridiculous stance, but most of them have signed onto Rover Norquist's no-tax pledge and can't raise revenue in any way.

Why would Ron Johnson vote against even considering the bill when so many Wisconsin families are struggling and all Johnson can talk about is holding up the Senate in order to reduce the deficit?

Here's the content of the very short bill (S. 1323):
(a) Findings- Congress makes the following findings:
  1. The Wall Street Journal reports that median pay for chief financial officers of S&P 500 companies increased 19 percent to $2,900,000 last year.
  2. Over the past 10 years, the median family income has declined by more than $2,500.
  3. Twenty percent of all income earned in the United States is earned by the top 1 percent of individuals.
  4. Over the past quarter century, four-fifths of the income gains accrued to the top 1 percent of individuals.
(b) Sense of the Senate- It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.
One may remember that Mr. Johnson received ten million dollars in compensation from his company, Pacur, earlier this year. If Mr. Johnson voted for this bill, later he would have to vote to increase his own taxes (unless he flip-flops) since the bill says those making at least a million dollars should pay more taxes.

Ron Johnson is perfectly happy to vote to eliminate Medicare, but he won't even vote to agree on a motion to consider a non-binding resolution that says at some later time he'll vote to increase his own taxes. Mr. Johnson thinks the budget deficit is a big enough problem to halt all other Senate business, but he doesn't think it's a big enough problem to require a little bit more of his $10,000,000.00. He'd rather take money from the poor, elderly, disabled and from the programs every middle-class American pays for and counts on.

It's your big problem, not his.

No comments:

Post a Comment