A California congressman is convinced the recently struck “fiscal cliff” deal will only help lawmakers procrastinate in dealing with America’s deep-seeded fiscal problems.
Tom McClintock, R-Elk Grove, said the recent deal, while protecting individuals making less than $400,000 from onerous tax hikes, brought the nation as a whole closer to the verge of bankruptcy.
“We’ve heard so much about the January fiscal cliff that I’m afraid we’ve lost sight of the real fiscal cliff just a few years ahead of us: the approaching bankruptcy of our nation,” McClintock said in a prepared statement to The Union.
“Sadly, Congress began the new year by taking us much closer to that cliff.”
The deal recently approved by both houses of the U.S. Congress increases federal spending by more than $300 billion and perhaps as much as $600 billion, McClintock said.
“Taxes will now increase on those individuals who earn over $400,000 per year, a great victory for the president’s eat-the-rich ideological crusade,” he said. “But a lot of those wealthy folks aren’t even folks: They’re 850,000 struggling small businesses that file under subchapter S. Seventy-six percent of small-business income is affected by these taxes — precisely the income they use to create and sustain two-thirds of the jobs in our economy.”
McClintock said it is important to curtail government spending if the country’s economy is to thrive.
“Our government is divided because our people are divided, but over the last two elections, they have spoken clearly and resolutely that they expect spending to be brought under control — that’s why they elected Republican majorities to the House of Representatives, where all spending bills begin,” McClintock said. “It is time the House proved itself worthy of their trust.”
A trend of cooperation
Senator Dianne Feinstein, one of two California representatives in the U.S. Senate, disagreed with the characterization of a divided nation and saw the recently struck deal as a sign the two major parties can work cooperatively.
“I am hopeful this strong bipartisan vote will set a trend of more cooperation in the new year,” Feinstein said in a statement provided to The Union.
“Although this package is limited in scope, it does prevent a tax increase for 98 percent of Americans, and it extends important unemployment insurance for 2 million people — including 362,000 Californians.”
LaMalfa to be sworn in
Republican Doug LaMalfa will take the oath of office and be sworn in to the 113th Congress this afternoon by House Speaker John Boehner.
Boehner will conduct a ceremonial swearing-in for LaMalfa following the oath of office on the floor of the House of Representatives.
LaMalfa, a former state senator from Richvale, earned the District 1 national congressional seat by defeating Democrat Jim Reed in the November general election after a hotly contested race.
To contact Staff Writer Matthew Renda, email email@example.com or call (530) 477-4239.