DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Compromise Budget Would Still Cost 1.3 trillion

**Vapepreab** · 08-04-2011, 07:27 PM

I think that is getting lost in this debate. While they argue over 60 or 65 billion in cuts, the real cost will still be 1.3 trillion in authorized spending through septemeber, of which every penny will be borrowed. We have already spent an entire years revenue.

http://www.cbo.gov/ftpdocs/120xx/doc...1corrected.pdf

You know, it just does not seem that hard to get the fiscal house back in order. Since much of the problem lies in SS, Medicare, and Medicaid, adjusting the retirment age, with means testing ought to fix it. Am I wrong?

And of course IF, we stop allowing decent jobs being offshored, more folks would pay more in taxes, and even SS and the rest. No, this just does not seem such an unsolvable problem to me, yet those jackwags won't touch it!

I think a guy with good math skills and a 5th grade education could solve it, without impoverishing folks. Assuming we still have a middle class tax base here 30 years from now. And assuming we stop coddling the rich, and tax em more on those capital gains they reap from foreign investments. A one time tax on wealth of the rich should be considered, as we have to ask ALL folks capable of helping, to help and to feel the pain a bit. So, the problem can indeed be solved, if the lobbiests would take a 4 year vacation, or Congress would take a vacation from the lobbiests.

08-04-2011, 07:27 PM	#4
Vapepreab Join Date Oct 2005 Posts 549 Senior Member	I think that is getting lost in this debate. While they argue over 60 or 65 billion in cuts, the real cost will still be 1.3 trillion in authorized spending through septemeber, of which every penny will be borrowed. We have already spent an entire years revenue. http://www.cbo.gov/ftpdocs/120xx/doc...1corrected.pdf You know, it just does not seem that hard to get the fiscal house back in order. Since much of the problem lies in SS, Medicare, and Medicaid, adjusting the retirment age, with means testing ought to fix it. Am I wrong? And of course IF, we stop allowing decent jobs being offshored, more folks would pay more in taxes, and even SS and the rest. No, this just does not seem such an unsolvable problem to me, yet those jackwags won't touch it! I think a guy with good math skills and a 5th grade education could solve it, without impoverishing folks. Assuming we still have a middle class tax base here 30 years from now. And assuming we stop coddling the rich, and tax em more on those capital gains they reap from foreign investments. A one time tax on wealth of the rich should be considered, as we have to ask ALL folks capable of helping, to help and to feel the pain a bit. So, the problem can indeed be solved, if the lobbiests would take a 4 year vacation, or Congress would take a vacation from the lobbiests.
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