I need some time to digest this idea a bit more completely, but what I see initially gives me stomach pains.
Donald J. Trump has pitched a budget that takes away oil royalties the federal government shares with four Gulf Coast states that bear the bulk of the responsibility for responding to disasters related to the drilling of oil off their respective shores.
The result could cost the states of Texas, Mississippi, Louisiana and Alabama billions of dollars in revenue.
Who gets the dough? The feds do!
Is this how the president plans to “put America first”?
This is another baffling proposal that has to pass congressional muster.
Here’s a thought for Sens. Ted Cruz and John Cornyn — two Republicans who are among the president’s seemingly dwindling roster of congressional allies: Don’t stand still for a budget proposal that robs your state of valuable revenue.
According to CNBC: “The plan is part of the president’s effort to contain the growth of the U.S. federal deficit. The Office of Management and Budget estimates that ending the royalty-sharing program would save the federal government $3.6 billion over a decade.”
I’m a deficit hawk, too. I get the need to reduce the deficit — which the Obama administration had overseen during its eight years in office. Why, though, take money from states that also rely on this revenue stream to help them deal with pressure to fund valuable state programs?
My hope now is for Congress to step in and dispose of a presidential proposal that appears to punish four of our United States.