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12-Nov-2011
11-Nov-2011
October 27, 2011 Fellow Montanans, We are at a pivotal moment in history. Here at home and all across Europe, economies are struggling under mounting debt. The world is watching to see what America will do. It’s up to us to show the world that America can rise to this challenge and lead by example. That’s what we’re trying to do on the debt committee. We are meeting day in and day out, burning the midnight oil to find solutions to get our debt under control. As I’m working, I am fueled by the words of Montanans, who’ve told me over and over again: Max, get it done. There is no doubt that getting it done will include serious spending cuts. And a balanced solution should also include revenue measures to make sure everyone is chipping in their fair share. As we examine spending on the committee, we think about it in two categories. The first is mandatory spending. As the name suggests, mandatory spending accounts for programs that are required by law like Medicare. The second category, which I want to talk more about today, is called discretionary spending. Discretionary spending is the money we choose to spend on additional priorities from year to year. Discretionary spending includes important programs for Montana like highway construction. But, more than half of discretionary spending is for defense. And a big chunk of that half goes towards the wars in Iraq and Afghanistan. Last week marked the 10th anniversary of the war in Afghanistan. As we take stock of the …
05-Nov-2011
September 28, 2011 Fellow Montanans, As you know, I’m working with my colleagues to come up with a plan to cut our nation’s debt. I’ll be looking at everything we do on the Debt Reduction Committee through the lens of jobs. Our jobs deficit and our fiscal deficit go hand-in-hand. We can’t solve one at the expense of the other. As always, what’s right for Montana will be my guiding principle. I’m just a hired hand and you are my bosses — the best bosses around, I might add. So I want to hear from you. Whether it’s through my website, our tele-town halls, or face-to-face at the Cat and Griz games these past few weekends — I can’t thank you enough for the wisdom and guidance you’ve given me so far. And I ask you to keep it coming. As we work together to find solutions moving forward, it’s important to take stock of where we are now and how we got here. As one of our founding fathers once said, “I know no way of judging the future but by the past.” The chart below shows our federal deficits over the past 20 years, and where we are headed over the next 10. The peaks show years of prosperity, when we had a surplus. And the valleys show that we were spending more money in one year than we were taking in. We made up for those valleys by borrowing money. And all the money we’ve borrowed to fill in the valleys over the years makes up the total federal debt. As the chart shows — and you remember — the 90’s we were a time of surplus. Our budget was balanced with money to spare …
08-Sep-2011
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07-Mar-2010
Product DescriptionThis volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the University of Michigan Library’s digital collections, please see http://www. lib. umich. edu and for information about the HathiTrust, please visit http://www. hathitrust. org
01-Mar-2010
Product DescriptionThis volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the University of Michigan Library’s digital collections, please see http://www. lib. umich. edu and for information about the HathiTrust, please visit http://www. hathitrust. org
25-Feb-2010
Product DescriptionThis volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the University of Michigan Library’s digital collections, please see http://www. lib. umich. edu and for information about the HathiTrust, please visit http://www. hathitrust. org
25-Jan-2010
Product DescriptionThis volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the University of Michigan Library’s digital collections, please see http://www. lib. umich. edu and for information about the HathiTrust, please visit http://www. hathitrust. org
07-Jan-2010
Product DescriptionThis volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the University of Michigan Library’s digital collections, please see http://www. lib. umich. edu and for information about the HathiTrust, please visit http://www. hathitrust. org