Limestone County Public Library Director, Paula Laurita
introduced U. S. Representative of the 5th District, Mo Brooks,
to a large group of interested residents on Tuesday at the
Limestone Public Library.
Brooks informed that he didn't vote for any of the bills
except one, one that would cut spending, and it died in the
Senate. In reference to the 'Deal' we currently have, this will
have to be revisited in 2013, this was to only to get it past
the election.
In the power-point presentation Brooks provided, it created a
dim outlook for our future. Although the numbers are said to be
correct, it is a scary thought to know we have allowed ourselves
to become in debt to China 29.2%, Japan 19.9%, United Kingdom
6.1%, Brazil 4.2%, Taiwan 3.5%, Russia 3.4% and still 29% to
other Nations. Brooks said, "With the interest we pay
China on our debt, they can afford to purchase 3 new Joint Strike Fighters
every week - with 50 million left over! China has borrowing
power because they are our banker.
In regards to the entitlement programs such as social
security, Medicare and Medicaid, the government will need to
find ways to cut spending on these programs, he said. The US
currently spends $701 billion on Social Security, $519 billion
on Medicare and $273 billion on Medicaid, and at this rate Medicare
will be bankrupt in 2024.
Brooks will attend another town hall meeting at Calhoun
Community College on Saturday at 2:PM in the Health and Sciences
building and in Ardmore at 5:PM.
Teresa Todd
AthensPlus.com
August 9th, 2011