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Obama raises debt 10 trillion in 8 years (1.25 trillion / year) = good to liberals.
GOP proposes raising debt 8.8 trillion in 10 years (.88 trillion / year) = sky is falling to liberals.
Hypocrites. But of course spending less is totally incomprehensible to the left so it's understandable. Should the spending be even less? Absolutely, at least it's a start instead of constantly spending more.
The real fun is going to be when the debt ceiling comes up. Because in the past certain Republicans have opposed raising the ceiling. However, if the ceiling is not increased, the government would immediately go into default, or it would trigger large tax increases to cover the spending that has already been incurred. These Republicans, like Ted Cruz, were free to grandstand on this issue because they knew they would lose and not have to face any consequences. Now the shoe is on the other foot.
Some have called for a Balanced Budget amendment, which makes sense, but again that would trigger either massive tax increases or huge spending cuts, or both. There's no way to balance the budget without reducing Social Security and Medicare, which is political poison.
You didn't read your link, did you?
No. Headlines are much easier and don't require all that tiresome thought.
Quote:
But Republicans made it clear in a summary of the resolution that these aren't the real budget numbers they'll be pursuing in the months ahead.
"Following the Obamacare repeal legislation, Congress will then begin its work on a fiscal year 2018 budget resolution, which will include broader policy reforms and a comprehensive plan to achieve long-term fiscal sustainability," the summary said.............
You have to be someone who cannot put 2 and 2 together to think I didn't
Quote:
Originally Posted by Listener2307
No. Headlines are much easier and don't require all that tiresome thought.
uote: But Republicans made it clear in a summary of the resolution that these aren't the real budget numbers they'll be pursuing in the months ahead.
"Following the Obamacare repeal legislation, Congress will then begin its work on a fiscal year 2018 budget resolution, which will include broader policy reforms and a comprehensive plan to achieve long-term fiscal sustainability," the summary said.
LMAO So you think that after everything is said and done that budget will end up being cut by 8.8 trillion and it'll be balanced? hahahahahahahahahaha
Let me help you out here since you obviously need it. That budget needs to be gutted and redone because debt is bad. Understand?
Next time you post, I would appreciate it if you educated yourself on how budgets work. Your post wont look so absurd next time. Hopefully.
Obama raises debt 10 trillion in 8 years (1.25 trillion / year) = good to liberals.
GOP proposes raising debt 8.8 trillion in 10 years (.88 trillion / year) = sky is falling to liberals.
Hypocrites. But of course spending less is totally incomprehensible to the left so it's understandable. Should the spending be even less? Absolutely, at least it's a start instead of constantly spending more.
Missing some logic here.
Need to compare what the next 10 years would be under both plans, not how the last 8 compare to the next 10 years. Apples and oranges.
Obama started with an economy tanking into a recession and turned it around.
Trump will start with an economy that is humming right along.
Find us a link that says what the prediction for the deficit would be under Trump's plan or if we continued as we are going.
The real fun is going to be when the debt ceiling comes up. Because in the past certain Republicans have opposed raising the ceiling. However, if the ceiling is not increased, the government would immediately go into default, or it would trigger large tax increases to cover the spending that has already been incurred. These Republicans, like Ted Cruz, were free to grandstand on this issue because they knew they would lose and not have to face any consequences. Now the shoe is on the other foot.
Some have called for a Balanced Budget amendment, which makes sense, but again that would trigger either massive tax increases or huge spending cuts, or both. There's no way to balance the budget without reducing Social Security and Medicare, which is political poison.
This will be interesting to watch, that's for sure.
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You didn't read your link, did you?
