Democrats to plung us $1.1 TRILLION deeper into debt (middle east, health care system, death)
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B-78. Federal receipts, outlays, surplus or deficit, and debt, fiscal years, 1940-2009
Interesting that Debt Held by the Public declined in 1998, 1999, 2000, and 2001, isn't it? I wonder how that happened. And yet public debt itself continued to increase during those years. What could have accounted for that?
Wow...admitting that you don't know the answer either. The two of you (at least) need to start wearing a Scarlet "U"...for unqualified. This is basic federal finance that you're completely unaware of here...
I should have been clearer. Waiting for the SPUN answer from you. Do you realize that the democrats, who have been in charge of congress since 2006, will have raised the debt ceiling by approx 60%?
there is indeed seperate budgets..
National defense budget, international affairs budgets, health budgets, medicare, income security, social security, all of these are seperate budgets but subsets of the complete budget...
LOL. How ridiculous do you intend to get here? To the extent that these are budgets at all, they are -- as you almost seem vaguely to understand -- merely line-item components of the federal budget. You know...the budget we are actually talking about...the one that was in surplus in all of FY1998-2001?
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Originally Posted by pghquest
...but also doesnt count the many of "off budget" items currently spent, which indeed have their own seperate budgets, but not accounted for in the complete budget.
What...no examples??? With there being so many, couldn't you have noted just one or two???
Quote:
Originally Posted by pghquest
Lets try simple math for you..
$500 Billion in medicare cuts
$100 Billion surplus estimated by healthcare reform by the CBO.
Means $400 Billion is MOVED and SPENT ELSEWHERE..
This of course ignores all of the NEW taxes to be created..
Egad...lamer still. The CBO surplus estimate is of the net budget effect. It INCLUDES all of the taxes, as well as all of the money that won't be spent. The overall cost of the bill is $800-whatever billion over ten years. That amount and more is offset by newly increased revenues and newly reduced expenditures. No money is being moved from anywhere to anywhere.
Quote:
Originally Posted by pghquest
Stop pretending you are stupid and lying about facts and just admit you were wrong, cuts being spent ELSEWHERE and not a real cut..
The actual point over the cuts is that they are cuts in cost, not reductions in services. But despite your adamant willing for a different situation, those cuts in cost actually are real, live cuts in cost, meaning that less money would be spent for the same service than would otherwise have been the case. Sorry to burst your bubble, but I'm sure you'll just blow it back up again.
Not surprising that the very limited Republicans are trying to pretend that 8 years of Bush/Republican control didn't dgg this country into a deep hole. A DEEP HOLE!
Bush given a SURPLUS and turned it into a RECORD DEFICIT. Obama given a RECORD DEFICIT! Get a clue.
President Obama doing what needs to be done to get this country back on track. So stand aside and learn.
Hmmmm, You forget The house and senate have more power than the Prez. They can pass bills the Prez. vetos.
What 8 years are you speaking of? The last 8 years where Democrats have held Congress for the last 4 of them, Republicans 2, and a split Congress for the other 2? I agree, 8 years of wrecking the country is expensive to fix, I'm glad you acknowledge its the Democrats doing that...
Since 1965, Republicans held Congress for 8 years (out of 44). Of those 8 years, Sag will tell you they balanced the budget and had surpluses for 4 of them. (1998-2001) Thats quit an accomplishment, surpluses for 50% of their term. How many years did Democrats holding Congress have surpluses? 0 out of 27... or 0% of the time..
History apparently isn't your specialty either. Years since 1995 in which the Republicans controlled both houses of Congress...1995, 1996, 1997, 1998, 1999, 2000, (5 months of 2001), 2003, 2004, 2005, and 2006. Does that look like eight to you???
Obama PROMISED that he would run the government like we do our households. On a budget and not spend more then we have. What a total damn lie.
Did he say that before or after the global finiancial crisis hit the fan? Do you think that something like a global financial crisis is reason enough to change your plans?
No, with EVERY POST you make an attempt to defend Reps in someway while blaming Dems in some other way. Read your post again. You begun by defending Reps and ended by questioning Dems. I don't care for either party, because they push for identical policies. Every time you push for Republicans, you're pushing for big government and big spending, and yet that is exactly what you despise in Dems. Don't you see the hypocricy?
I did read my post again, and again. I NEVER placed blame, I CLEARLY ONLY listed FACTS..
Quote:
Originally Posted by pghquest
Since 1965, Republicans held Congress for 8 years (out of 44). Of those 8 years, Sag will tell you they balanced the budget and had surpluses for 4 of them. (1998-2001)
Thats quit an accomplishment, surpluses for 50% of their term.
How many years did Democrats holding Congress have surpluses? 0 out of 27... or 0% of the time..
Fact, Republicans held Congress for 8 out of the last 44 years.
Fact, Republicans balanced the budget for 4 of those, (per liberal lies)
Fact, Democrats balaned the budget for 0 of the other years..
And when you dont like reading FACTS, you then sway your topic to "you're a hypocrite" with NO facts behind it. Where have I pused for big government or big spending EVER.. NAME ONE TIME!!!
The dems could not run a hot dog stand without going bankrupt.
They love to spend other peoples money on wasteful things. I believe it is in their blood to waste other peoples money.
Op you have not seen anything yet, watch them, another 3 months or so they will want to lift the debt again and spend yet more money we do not have.
The people need to stand up against this crazy spending by the dems.
Obama PROMISED that he would run the government like we do our households. On a budget and not spend more then we have.
What a total damn lie.
Agreed.. The only "Change" that I'm seeing is what is left dangling in my pocket..
And to those that suggest "Well.. he has an 8 year mess to clean up", come up with a better excuse.. The deficit has SOARED during the 11 months of the Obama Presidency at a much faster pace than that of the Bush Administration..
Fact, Republicans held Congress for 8 out of the last 44 years.
Fact, Republicans balanced the budget for 4 of those, (per liberal lies)
Fact, Democrats balaned the budget for 0 of the other years..
And when you dont like reading FACTS, you then sway your topic to "you're a hypocrite" with NO facts behind it. Where have I pused for big government or big spending EVER.. NAME ONE TIME!!!
I think you need to re-check your "facts". They seem to have a severe partisan twist to them
You never quit defending the Republicans do you? Do you want to see them back in power? Are you ready for more socialism? Apparently so. The Republicans will deliver as well as the Dems.
I should have been clearer. Waiting for the SPUN answer from you. Do you realize that the democrats, who have been in charge of congress since 2006, will have raised the debt ceiling by approx 60%?
Democrats took control of Congress in January 2007, at which time the debt ceiling was $8,965 billion. They will have raised it by 60% when it reaches $14,344 billion. It is currently $12,104 billion.
And of course, we know who put us (along with the dozens of other countries who have had to implement a stimulus package) into such a bind. It's the same people who have offered no rational plan at all for getting us (or anybody else) back out of it again. Sort of like an infant in the way that it soils its diaper and then waits for Mommy or Daddy to come along and change it for them.
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