Calif. Rep. Wants Shared Sacrifice In Debt Talks

WASHINGTON (AP) — California Rep. Xavier Becerra says the final recommendation from a panel examining ways to reduce the nation’s debt will have to ask everyone to sacrifice before he can support it.

That likely means tax increases for those who benefited the most from tax cuts enacted under President George W. Bush.

The Los Angeles Democrat says the tax cuts played a major role in turning annual surpluses into deficits.

Becerra is the lone California lawmaker on the 12-member budget supercommittee. It has been tasked with finding at least $1.2 trillion in savings over the coming decade.

Constituents are encouraging him not to target entitlement programs such as Social Security or Medicare. If the panel fails to reach an agreement, automatic spending cuts to defense and domestic programs would take place.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

One Comment

  1. EverydayGuy says:

    How about shared prosperity instead of sacrifice you illegal alien bone head.

  2. Dean says:

    Thank God there is only one California lawmaker on that panel, if there were more they would want taxes raised atronomically, be much further in debt, and have no plan on how to get out of it.

  3. Ted Smith says:

    Represntative Becerra should note that apporximately 48% of our population pay no taxes at all. EVERYONE should pay something in tax dollars for this great country they live in, even if it is one dollar. Secondly, Representative Becerra and other Latino politicians who are pro illegal alien never seem to propose that they pay taxes for the benefits they receive in being in this country. When he proposes taxes the two categories above,only then should he talk about taxing the “rich”.

  4. "REPUBLICAN EMPIRE FALLS" says:

    California Rep. Xavier Becerra is a republican ghost buster!!!! LOL

  5. Black American says:

    Take a trip to South Central. It’s like Mexico down there now. There is Latin food venders on EVERY corner. Latino Cops dine at these places. So the Cash Money these venders make is sent south of the border out of our economy.

    And to boot, illegal’s may soon get taxpayer funded college education! Wow.. Their parents are essentially nonexistent. Instant approval, hell, pre-approved!

    In a State that is already beyond broke..

  6. Beth says:

    I find it amazing that Rep Dem Becerra wants shared sacrifice!! LOL We did not run up the debt, the Dems have over the past 2 1/2 years of full control of the congress, senate and white house. It’s time for them to sacrifice and CUT CUT CUT. No more debt ceiling increase, no more stimulus, no more increses on their 2012 budgets. It’s time to get these guys out of office and vote people in that have a record of balanced budgets, cutting and job creating. If you look at the states that are creating jobs and have balanced budgets thats who should be on this panel. Forget these dems that don’t have a clue of how to balance a budget much less even vote on a budget in the last 2 years. WOW and then to top this off they pick one from Los Angeles and they are on the brink of BK. So funny. LET”S VOTE THEM OUT!!!!!! Lets vote in proven people.

  7. Black American says:

    “It has been tasked with finding at least $1.2 trillion in savings”
    Can you start with talking about the inflated salaries in the Public Sector? The Ferrari Benefits and Pensions?

    ‘Blame Bush’ is a slogan. How well did America fair out when Clinton signed the NAFTA?

    I’ve been reading, “Made in China” on most of my products for well over a decade, but Bush caused this?

    It’s going to be a bumpy ride for some years to come when the banks stop playing with the housing market.

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