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08-04-2011, 06:18 PM | #1 |
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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 |
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08-04-2011, 07:05 PM | #3 |
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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. if that 1.3 trillion bothers ye, then all ye must do be to find a way to take the freedom and liberty to vote away from folks from the baby boomers on up. that way ye could dash social security, medicaid and medicare to pieces. otherwise, ye must work with the limitations that ye have. - MeadHallPirate |
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08-04-2011, 07:27 PM | #4 |
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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. 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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08-05-2011, 12:18 AM | #5 |
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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? |
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08-05-2011, 12:33 AM | #6 |
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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. And democrats are fighting over 61 billion in cuts--or less than 2% of the 3.7 trillion dollar budget. Amazing--isn't it? |
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08-05-2011, 12:49 AM | #7 |
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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? 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. Again here's the problem with the guy with good math skills and a 5th grade education is that 40% of our kids drop out of school. And of course we have our teacher's union to thank for that. |
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08-05-2011, 12:55 AM | #8 |
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The budget itself is 3.7 TRILLION meaning with that we will be in arrears this year alone to the tune of 1.7 TRILLION dollars. |
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09-04-2011, 02:29 PM | #9 |
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09-04-2011, 04:30 PM | #10 |
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Well, this is what we get when liberals make the govt provide everything for them. The simple solution here is eliminate unconstitutional programs and lower taxes. Send the jobs to china, then end the safety net for those unemployed and the old poor folks. that is the con way of fixing it. and that is why I find them so evil. Hell will be run by Cons. Only the rich will get a drink of hot water. |
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09-04-2011, 04:47 PM | #11 |
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09-04-2011, 05:26 PM | #12 |
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09-04-2011, 05:47 PM | #13 |
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Yeah, that is like curing a horse by chopping off his head. It would cure the sickness, sure. |
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