This standoff is all part of the plan.The only way out of this debt
crisis is to cut services and raise taxes. The GOP is playing a game of
brinkmanship. Since they don't have the votes necessary to pass reform
legislation they'll let the Dems run on and on, racking up debt with spending
spiraling out of control until the economy collapses. At that point the
government will be FORCED to act, merely to save its own neck. Then we will see
the drastic measures that are necessary to get this nation back on the right
track.Want to see where we are headed? Go check out some of the
"austerity" measures being forced on European citizens now. Wage and
benefit cuts for government workers, raising the retirement age, drastic
reduction in education and social welfare spending, large tax hikes, etc. Europe has already made the tough choices... they weren't popular, but
they were necessary. Our time will come, just wait.
Cutting waste and having a more efficient military budget is where the Trillions
of dollars is going. Also cutting out tax loopholes for corporations and the
super rich would also close the gap. Of course, Republicans will tell you to
rip it from the poor and the working and middle class.
The Republican belief that our budget issues can be solved with cuts to
discretionary spending are absolutely ridiculous.Our budget problems
are not so severe in the current year, but in the medium-to-long term as baby
boomers tap into social security and public sector pensions, and as healthcare
costs skyrocket. Any proposals that do not address these issues are mere
whitewashing.Unfortunately, the party who is courageous enough to
point out the long-term structural problems will get completely hammered in the
next election. Democrats at least realize that the world needs to keep turning
while we get the long-term issues sorted out.
We are a nation of freeloaders...get the so-called poor who can work off the
dole.....eliminate redundant govt agencies and Obamacare....and get us out of
Afgan and Middle East conflicts ....$100 Billion cut is not too much to ask of
these bureaucrates in DC....
The article quotes a Democratic senator from NY thusly, "The speaker knows
that when it comes to avoiding a shutdown, his problem is with the tea party,
not Democrats."Translation: The tea party folks want one thing
(bringing government under control) and we Democrats want the opposite (keeping
government spiraling, like the Titanic, to the bottom of the ocean). Since we
Democrats are as unbending as the tea party, we'll blame them for being
unbending, and hope the press relays that message so they'll get the blame
before Democrats take the blame for being unbending.
'WASHINGTON The specter of a partial government shutdown looms again as
Congress returns to Washington with Democrats and Republicans as far apart on a
bill to keep the government running as they were two weeks ago.' - Article Everything old is new again... *'Memories of 1995 haunt GOP
as shutdown talk grows' - By Charles Babington - AP - Published by DSNews -
02/20/11 'WASHINGTON Few memories haunt Republicans more deeply than the
1995-96 partial shutdown of the federal government, which helped President Bill
Clinton reverse his falling fortunes and recast House Republicans as stubborn
partisans, not savvy insurgents.' As for that $100 Billion.... *'Republicans promise $100 billion in spending cuts' - By Andrew Taylor
- AP - Published by DSNews - 02/10/11 *'How the House GOP promise to
cut $100b became $32b' - By Luke Russert - NBC Am I saying Obama is
good with debt? No. Has he only had 2yrs?
Yes. Vs. 8yrs and two wars. And previously with
debt... *'Bush Administration Adds $4 Trillion To National Debt' -
Posted by Mark Knoller - CBSNews - 03/04/10 Line:'With no
fanfare and little notice, the national debt has grown by more than $4 trillion
during George W. Bush's presidency.'
There is no money. We are broke except for what we borrow from the Chinese.While $100B cuts in discretionary spending are a good start, even an
essential start, the weasels in Washington rather buy votes now than restore our
country to sound fiscal policy.The real work needed, which must be
done, will be to dismantle the entitlement programs of the left and return to
self reliance not a culture of dependency. Huge cuts to Medicare and Medicaid,
slashing Social Security, ending handouts for all sorts of pork projects,
etc.Defense is already a smaller percentage of federal spending than
any time in history, and it has been cut to the point where we are no longer a
world power, merely a shadow of the past, and running out of ships, aircraft and
supplies.Either we cut spending, (meaning real major cuts!) or we go
bankrupt and one of the popular programs will be funded. Cut now, or live with
the consequences later.Politicians who refuse to make serious
spending cuts must be replaced.Raising taxes is not the answer, as
Washington will spend more than they take in.
The Tea Party people are showing their colors, multi-colors. They don't have
real direction as they belong to so many philosophies. One thing they do want
is change, just as President Obama wanted change. They have to have a
common goal, which they don't have. There are problems with Government at all
levels, that is one thing that is sure. The Tea Party people don't have a polar
star. They have got candidates elected but without becoming part of the
Republican Party, they will never get their part done. Even the Founding
Father's had to compromise on some of their principles, just not their core
values of Integrity and Honesty. They knew that. Tea Party people were
able to take down Senator Bennett. Now, however, Senator Lee has his job to
keep his small numbers of Tea Party people happy, going in different directions.
He is not the same personality as Representative Chaffetz and will have his
growing and maturing process in the Diplomatic arena of the Senate. Senators
decorum is important and their mark. Representatives can be a different type of
person and Representative Chaffetz is definitely different for Utah's image.
Re: JohnJacobJingleHeimerSchmidt | 9:53 a.m. March 28, 2011 The US
has a corporate tax rate of 35%, and corporations like CISCO have taken their
business and employment to Switzerland where they have a 5-7% tax rate. The
result is that the US is losing over $60 Billion a year. It was on "60
Minutes" yesterday and is easy enough to Google.It doesn't
matter how much revenue the federal government brings in if it can't control how
much it spends. Michael Jackson proved that point.
Why dance around the crux of the deficit proplem?US military spending
accounts for 46.5 percent, or almost half, of the worlds total military
spendingUS military spending is 7 times more than China, 13 times more
than Russia, and 73 times more than Iran.US military spending is some 44
times the spending on the six rogue states (Cuba, Iran, Libya, North Korea,
Sudan and Syria) whose spending amounts to around $16 billion.US spending
is more than the next top 14 countries at least.The United States and its
strongest allies (the NATO countries, Japan, South Korea and Australia) spend
something in the region of $1.1 trillion on their militaries combined,
representing 72 percent of the worlds total.The six potential enemies,
Russia, and China together account for about $169 billion or 24% of the US
military budget.A reduction of 10% in the defense budget would cover all
the proposed cuts in social Security, Medicare, Medicaid etc.
Where were you Tea Party deficit hounds when Bush committed us to 2 unending
wars with terrible leadership? Maybe you should have spoken up 8 years ago.
Your arguments fall on deaf ears now. Now you just want to rip it from the
poor, working class, the struggling instead of greedy corporation paying their
fair share.Oh, I know, I know, you guys love Reaganomics. The
trickle down effect. Guess what? Lack of jobs is from the tax breaks and
loopholes that the super rich and corporations sent those jobs OVERSEAS. These
greedy multinationals are overcharging us for services that are no bid such as
Blackwater/Xe. They are not patriotic, they are not creating jobs.
Bush went to war based on congressional approval... Obama has cast us into
another middle east conflict with no congressional approval and for oil used by
Europe, not the US.
Pagan, JJJSHere are some ACTUAL numbers for you.gross
federal debt when BO took over - $9.986 trilliongross federal debt
NOW (not projections) - $14.261 trillionAmount BO has increased
gross federal debt - $4.275 trillion (in 26 months). It took bush 96 months to
increase it that much. You admitted he was not good with debt; but you fail to
admit he is muuuuuch worse than bush.JJJS - you're only defense of
BO's MASSIVE deficits is bush ran some, too? Bush's average annual deficit -
$545 billion. BO's annual deficits have been THREE TIMES as high. You can't
even use bush as an excuse when BO's deficits are three times as bad.The $60 billion the repubs are now going after annualuzed would be the $100
billion they campaigned on. Let the government shut down if that's
what it takes to reign in spending. Already they are designating who are
essential employees (they report to work even with a shutdown) and who are
non-essential employees. Then the question becomes - "why does the
government have non-essential employees?"
On one hand, huge increase in defense spending and start two expensive wars.
Increase in spending.On the other hand, cut taxes for the rich,
allow some corporations and the rich to avoid paying taxes by hiding their
income overseas and have the lowest tax receipts in 50 years. Decrease in
revenue.And conservatives can't figure out - or admit - why the
cumulative budget deficit is growing so quickly? Really? It's really not tough
to figure out what the cause of the deficit is, if you have half a brain and
don't play political games.Maybe the problem is we have FAR too many
lawyers in Congress and not enough accountants. Lawyers play word games,
political games, symantics, and accountants just look at the numbers, work on
spreadsheets, and tell it how it is. Numbers don't lie. Lawyers do.
Re: JohnJacobJingleHeimerSchmidt | 3:22 p.m. March 28, 2011 Some of
our friends from California forget that they are in the same boat as the federal
government:1. The Stanford Institute for Economic Policy Research
says California Pensions are $500 Billion Underfunded.2. California
state and local debt is somewhere north of $371 Billion dollars.3.
California wanted to borrow against future lottery revenue to pay yesterday's
bill.Translation: Take any financial advice you get from a
Californian with a grain of salt ... and run in the opposite direction!
Harry Reid thinks there is a "division between the tea party and the
Republican Party", we need to let Harry know there is a division between
the people and the Democrat leadership in Washington!
If 100 billion were to be cut from the entire budget it would amount to about a
2-1/2% reduction to every department. But the Republican leadership tells us
that 88% of the budget is off the table and will not be cut. Trying to cut 100
billion dollars from the remaining 12% of the budget is truly stupid. We will
cut cancer research, food inspections, pollution control, scientific research,
and many other things that are important.The Army spends several
million dollars a year sponsoring NASCAR drivers, and it was proposed that that
be cut. But apparently that is crucial national security funding, so that's part
of the 88$% of the budget that's off limits.
To Woodyff: The Tea Part already took their best shot at Harry Reid. It didn't
work out so well, now did it?
Some questions:1. How much interest do we pay on the national
debt?2. Why can't we quit with the foreign aid?3. Why not have those
on welfare serve in the military?
There is a $1.5 trillion deficit this year and they can't cut $60 billion?
Roland,what the repubs are saying is off the table relates to the
current fiscal year budget that the dems FAILED to pass last year when they had
control of both houses. The repubs WILL address the other 88% in next year's
budget - something the dems NEVER had the courage to address. Dems were never
trying to cut anything, just increase spending. Remember Rahm's fdamous
comment, never let a good crisis go to waste? Load all the spending you can
into a so-called "stimulus"
The best way to reduce the deficit is to fix the economy.All wealth is
created in manufacturing, mining and agriculture. Our overreaching environmental
laws are shutting down manufacturing and mining.The US have more
fossil fuels than any other country in the world. We have enough to last the US
for centuries.Let's start drilling here and now: Creates 2 million
new jobs.Finally deal with illegal immigration. There are between 12 and
20 million illegal aliens and they hold between 5 and 10 million jobs that
Americans could and should have. 1. Offer a $10,000 reward to
anyone, including illegal aliens, who turns in an employer who hires illegal
aliens and does not perform due diligence to screen them out. NO employer would
risk hiring them.2. Make it illegal to rent housing to illegal aliens
without performing due diligence to screen them out. The penalty? They have to
refund all the rent. No landlord would take the risk.You also have
to deal with entitlements.1. Means test Social Security.2.
Increase the SS target retirement age to 76 and increase the actual retirement
age by six months each year.Ran out of space.
Citizens have become dependent on the feds. That's why budget cuts are so hard
to make. We need the freedom to create businesses without so many restrictions.
Let's bring back the American dream. Tempers are flaring with the people.