Government Shutdown - April 8th? (All shutdown discussions) (lawyer, accuse, business)
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"- Sets discretionary spending for the remainder of the 2011 fiscal year, which ends Sept. 30, at $1.049 trillion. That is $39 billion less than was budgeted for 2010 and $79 billion less than President Obama had requested. House Republicans had wanted $22 billion in additional cuts."
And $6 trillion over 10 years is $600 billion per year, serious cuts by any measure.
I talk BUDGET you play games and I am wrong? Will our TOTAL spending in 2011 be more then in 2010?
The budget is $3.7 Trillion, I don't play the game of discretionary. By 9/30/11 the actual discretionary spending will be over $1.049 T bank on that.
Serious spending would include entitlements and defense, Ryan's budget is a game of economic assumptions, inflated benefits of tax cuts and not accounting for trust fund bonds being made on-budget.
There are actual effective tax increases in Ryan's plan. Although marginal rates are cut, loopholes are closed. So if the goal is to increase revenue, Ryan's plan does.
In any event, we don't have a revenue problem, we have a spending problem.
How do you figure we don't have a revenue problem? We have both revenue and spending problems.
Ryan did not cut the defense budget in his 2012 budget, he increased it by 6%, not to mention he is only cutting $6 trillion over 10 yrs and that will be offset by the $4 trillion in tax cuts he is proposing. The CBO says the results would be continued budget deficits until 2040. If the Republicans are unwilling to cut spending across the board they are not serious and to think they are cutting spending on the backs of those less fortunate and seniors.
Reasonable people can disagree, however reasonable people cannot describe $6 trillion in cuts over 10 years as unserious.
If you are advocating greater that $6 trillion in cuts, I am all ears.
I talk BUDGET you play games and I am wrong? Will our TOTAL spending in 2011 be more then in 2010?
The budget is $3.7 Trillion, I don't play the game of discretionary. By 9/30/11 the actual discretionary spending will be over $1.049 T bank on that.
Serious spending would include entitlements and defense, Ryan's budget is a game of economic assumptions, inflated benefits of tax cuts and not accounting for trust fund bonds being made on-budget.
The 2012 budget will attempt to decrease spending to 2008 levels - about $2.7 Trillion.
Do the math and notice how much the democrats have increased spending.
There are actual effective tax increases in Ryan's plan. Although marginal rates are cut, loopholes are closed. So if the goal is to increase revenue, Ryan's plan does.
In any event, we don't have a revenue problem, we have a spending problem.
We have both problems. We spend too much and tax too little. I say that because people like what the government does in many cases.
The conversation forward needs to be about what should we keep and what should we cut, then figure out the best way to pay for it.
The general public will not go for Ryan's plan. It cuts too much and is too easy on wealthy citizens. I give Ryan credit for actually putting out a plan and getting the conversation started, but I don't see a majority of citizens supporting it.
i think the answer to that question is more than what one would be expected to answer in this forum.
but the question shouldnt be where to cut, the question is "you have $2 trillion, what do you want to spend it on?" because thats all you have to work with.
I talk BUDGET you play games and I am wrong? Will our TOTAL spending in 2011 be more then in 2010?
The budget is $3.7 Trillion, I don't play the game of discretionary. By 9/30/11 the actual discretionary spending will be over $1.049 T bank on that.
Serious spending would include entitlements and defense, Ryan's budget is a game of economic assumptions, inflated benefits of tax cuts and not accounting for trust fund bonds being made on-budget.
You do understand what discretionary means right?
Please direct me to the Dem deficit reduction plan that rivals Ryan's. I think everyone can see how the Dems intend to demagogue the issue.
"- Sets discretionary spending for the remainder of the 2011 fiscal year, which ends Sept. 30, at $1.049 trillion. That is $39 billion less than was budgeted for 2010 and $79 billion less than President Obama had requested. House Republicans had wanted $22 billion in additional cuts."
And $6 trillion over 10 years is $600 billion per year, serious cuts by any measure.
Quote:
Originally Posted by sanrene
The 2012 budget will attempt to decrease spending to 2008 levels - about $2.7 Trillion.
Do the math and notice how much the democrats have increased spending.
So it will eliminate ALL discretionary spending? Let me see it please.
In 2000 we spent $1.8 Trillion. In the 2008 budget (Bush) we spent $2.9 T. Both are at fault, stop playing their game.
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