CREDIT: JB

Senator Corker at MAAR
  • JB
  • Senator Corker at MAAR

Bob Corker, the junior U.S. Senator from Tennessee, made it clear Monday, in a talk to the Memphis Area Association of Realtors on Poplar, that he doesnโ€™t think the spending cuts provided for in the last-minute congressional settlement of the debt-ceiling crisis were sufficient.

Corker, a Republican, was the author of a spending-cap bill โ€” โ€œthe only bill that was bicameral and bi-partisanโ€ โ€” that, over a 10-year period, would have trimmed the nationโ€™s deficit by some $5 trillion, a sum he contrasted with the $4 trillion figure that many in Congress had regarded as โ€œthe magic numberโ€ for reduction and with the $2.5 trillion in cuts, now and later, that was actually mandated by the final bill.

The bill wasnโ€™t enough, it was โ€œkind of like kissing your sister, I guess, not exactly what we had in mind.โ€ But it was a start, said Corker. His more striking statement was a piece of advice for the newly appointed โ€œsuper committeeโ€ of 12 congressional members โ€” evenly divided by chamber and by party and charged with finding a debt-reduction formula by Thanksgiving.

The senator said that โ€œtax reformโ€ needed to be taken into account, along with line-item reductions per se. Inasmuch as that phrase is a mite ambivalent and has so far lent itself more to Democratic rhetoric than to the GOP party line, Corkerโ€™s suggestion was something of a revelation.

In point of fact, during the climactic negotiations over raising the debt limit Republican congressional leaders had shied away from tax talk, whether coupled with the word โ€œreformโ€ or not, as if shielding themselves from a plague.

Spelling out what he had mind, Corker envisioned a closing of loopholes and the possibility of โ€œflattening and broadening the tax codeโ€ so as to raise ample revenue while lowering the tax rate for most people.

Corker acknowledged that he had sought an appointment to the 12-member super-committee- โ€œwhich was right up my alleyโ€ โ€” and was disappointed not to be named.

Corkerโ€™s espousal of โ€œtax reform,โ€ which he said would unleash โ€œa tremendous energy in the country,โ€ was not the senatorโ€™s only deviation from GOP orthodoxy.

He also advocated a โ€œsix-year transportation billโ€ that sounded vaguely like what Democrats mean when they talk about spending money on the nationโ€™s infrastructure.

And, in a formulation that contrasted with the resurgent โ€œsupply-sideโ€ thinking that now seems to dominate most Republicans in Congress, Corker said plainly, โ€œYouโ€™ve got to have demand. Demand is soft right now.โ€

Corker also offered general praise for the educational reforms now being advanced by the Department of Education under Secretary Arne Duncan โ€” especially what he saw as the Obama administrationโ€™s distancing itself from No Child Left Behind.

The senator noted that he had joined other members of the stateโ€™s congressional delegation in supporting Governor Bill Haslamโ€™s request that Tennessee be granted a waiver from NCLB.

Corker got on the same page as other congressional Republicans in his disapproval of Obamaโ€™s health-care program โ€” called โ€œObamacareโ€ in GOP boilerplate โ€” and made it clear he thought the bill was not only โ€œunworkableโ€ but certain to be found unconstitutional by the Supreme Court on account of its mandating that citizens purchase health insurance.

Given the nature of his audience, it was hardly surprising that Corker was asked a number of questions about his views on reviving the slumping housing market. Among other things, the senator made it clear that he did not favor removing mortgage-deduction provisions from the tax code and did favor measures to ease the current home foreclosure logjam.

Surprisingly, given his membership on the Senate Foreign Relations Committee and his prominence as an advocate of rethinking policy toward countries like Afghanistan and Pakistan, Corker got no questions from the MAAR audience about the ongoing overthrow of Libyan leader Moammar Gaddafi by rebels.

Asked about that situation afterward, Corker said it was โ€œhard not to be excitedโ€ over the deposing of long-term dictator Gaddafi, but he cautioned against direct American entanglements in yet a third theater of conflict in the Middle East.