Fwd. when will congress be held accountable?

[Guest guest]

" Al " <activistdemocrat1

Wed, 10 May 2006 18:30:30 -0000

when will congress be held accountable?

 

 

Please forward this 2 other

 

electionfraud2004/

 

 

14 congressional candidates have join this

 

 

Below listed is the results on how the American Public feels about

Congresses Job performance.

http://www.pollingreport.com/CongJob.htm

PollingReport.com

 

CONGRESS – Job Rating in recent news media/nonpartisan national

polls

 

electionfraud2004/ EXAMINE THE

FILES!!! part 2 of this email discusses Bush's raining of Social

Security

 

Impeachment Momentum Builds

http://news.neilrogers.com/news/articles/2006050621.html

In a recent MSNBC Poll taken in April 2006 82% of people polled

were in favor of the impeachment beginning. Slowly and steadily, the

drive for the impeachment of George W. Bush is building.

Neil Young's song, " Impeach the President, " has given the effort

increasing visibility.

 

And a story in the Boston Globe by Charlie Savage on April 30 showed

just how necessary the impeachment drive is.

" President Bush has quietly claimed the authority to disobey more

than 750 laws enacted since he took office, asserting that he has

the power to set aside any statute passed by Congress when it

conflicts with the Constitution, " Savage wrote. Bush has done so by

issuing so-called signing statements on " more than one out of every

ten bills he has signed. "

Administration spokesmen told Savage that Bush " will faithfully

execute the law in a manner that is consistent with the

Constitution. "

But there's the rub. It's not up to him to judge that.

It's up to the courts.

 

He is sworn to execute the laws, not to sit on them.

Fortunately, Americans all over the country are rising up against

this imperial President.

Thirty-seven members of Congress are now on board the Conyers

resolution to create a select committee to investigate grounds for

impeachment. (You can find the list at afterdowningstreet.org.)

 

Three state legislatures have passed resolutions urging Congress to

proceed with impeachment, using a procedure that Thomas Jefferson

laid out in his legislative manual. Those three are Vermont,

Illinois, and California (and the latter has called for impeaching

Cheney, too, an eminently sensible idea!).

 

More than a dozen towns and cities around the country have called

for impeachment, according to www.impeachpac.org.

And five Vermont townships just delivered petitions to Speaker

Dennis Hastert to begin impeachment proceedings.

The cries for impeachment need to grow louder still, though, if we

are to restrain this President from even more lawlessness.

 

Bush raided Social Security to pay for a tax cut for millionaires.

The Facts:

In just three years, Bush has spent roughly $500 billion of the

Social Security surplus…

 

In 2001, Social Security took in $602 billion from the Social

Security payroll tax, and spent $439 billion on benefits. The

remaining $163 billion of the Social Security Trust Fund was spent.

In 2002, Social Security took in $627 from the Social Security

payroll tax, and spent $461 billion on benefits. The remaining $166

billion of the Social Security Trust Fund was spent.

In 2003, Social Security took in $632 from the Social Security

payroll tax, and spent $479 billion on benefits. The remaining $153

billion of the Social Security Trust Fund was spent.

 

TOTAL: Bush has spent $482 billion of the Social Security Trust Fund

surplus.

[source: Social Security Trust Fund data, updated 2/12/04,

http://www.ssa.gov/OACT/STATS/table4a3.html]

 

At the same time, Bush's tax cuts have already cost $500 billion.

The tax cut Bush signed in 2001 was projected to cost more than $309

billion through the end of 2004; and $1.35 trillion over ten years.

[source: Joint Committee on Taxation, 5/26/01,

http://www.house.gov/jct/x-51-01.pdf ]

The tax cut Bush signed in 2003 - which included tax cuts for

dividends on stock profits and a capital gains cut - cost $209

billion in just 2003 and 2004 alone; and has a cost of $350 billion

over ten years.

[source: Joint Committee on Taxation, 5/22/03,

http://www.house.gov/jct/x-55-03.pdf ]

 

TOTAL: Through 2004, Bush has already spent roughly $518 billion on

tax cuts.

Quite simply - Bush's tax cuts have eaten $500 billion from Social

Security Trust Fund surplus. This is radically different than the

last years of the Clinton administration. Under Clinton, " the

assumption " was that the Social Security and Medicare Trust Fund

surpluses " would be used to shore up entitlements. " But now, " the

tax cuts have left the federal government practically helpless. "

In testimony before the House Budget Committee on Wednesday, Mr.

Greenspan raised a red flag about Social Security, warning that

federal deficits, already large, would begin to explode after the

first wave of baby boomers becomes eligible for Social Security

benefits four years from now, and for Medicare three years after

that. During the Clinton administration, the assumption was that

part of the surplus would be used to shore up entitlements for

retirees. Now the tax cuts have left the federal government

practically helpless.

[source: NY Times, 2/27/04]

 

Alan Greenspan says Bush's huge deficit - which was caused by his

tax cuts - now requires " cuts to Social Security and Medicare. "

Reacting to the combination of the largest U.S. population group

nearing retirement and a hefty deficit, Federal Reserve Chairman

Alan Greenspan on Feb. 25 recommended cuts to Social Security and

Medicare benefits for future retirees. It wasn't a popular

suggestion, but it spotlighted the problems of government

overspending.

[source: Baltimore Sun, 3/14/04]

Several studies show specific benefits to millionaires in the Bush

tax cuts.

 

In one example, just 4,500 people will share a $28 billion benefit

from the ultimate full repeal of the estate tax in the 2001 tax cut.

This amounts to a tax cut of $6 million per person.

[source: Center on Budget and Policy Priorities, " Estate Tax Cuts in

the Bush Tax Plan, " 2/26/01]

In Bush's 2003 tax cut, 27% of the income tax bracket reductions

went to millionaires. Overall, millionaires will receive

approximately $139 billion in tax cuts through 2013 just from this

tax cut.

 

[source: Center on Budget and Policy Priorities, " Millionaires and

the Ways and Means Tax Plan, " 5/7/03]

According to the Center on Budget and Policy Priorities, over a ten

year period, " the richest Americans-the best-off one percent-are

slated to receive tax cuts totaling almost half a trillion dollars. "

Specifically, the group gets, " $477 billion in tax breaks " from the

Bush administration.

 

CTJ notes that the " the richest one percent " by 2010 will have an

average income of " $1.5 million. " For these people, their tax-cut

windfall in the year 2010 alone will average $85,000 each.

[source: Citizens for Tax Justice, 6/12/02]

The Center on Budget and Policy Priorities points out that if Bush's

tax cuts were reversed, there would be enough funding to cover the

entire Social Security shortfall projected by the Social Security

Trustees.

 

The revenue loss that will occur over the next 75 years if the 2001

tax cut takes full effect and is made permanent is more than twice

the size of the entire Social Security shortfall over that period.

[source: Center on Budget and Policy Priorities, 3/17/03]