Forums / Political & Legal / Bitch rant and rave.......

5 years 38 weeks ago, 10:15 PM

ssrs10

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Rank:
Lieutenant General
Points:
2020
Join Date:
Oct 2008
Location:
Connecticut, United States

President Obama unveiled a budget Thursday with a 2010 price tag of $3.5 trillion financed with $1.2 trillion of new debt. For domestic agencies, that's a 9.3% spending hike over last year.

Mr. Obama and his advisers know the public won't accept gigantic governmental expansions without at least some effort to pare the waste in Washington. So they scrubbed "line by line" through this historically huge budget and identified $16.7 billion of budget savings. This is less than a penny, about 0.47 cents, of savings out of every dollar Uncle Sam will spend this year. And these aren't real savings that will reduce debt, because Congress has already fixed the budget totals. Thus, each dollar saved from the African Development Foundation gets reallocated to some other foreign aid program.

To be fair, most of the 121 program "terminations, reductions and savings" that the President recommends make good sense, and we wish Congress godspeed in eliminating them. By all means have done with the Denali Job Training program (savings of $3 million) and USDA Public Broadcasting Grants ($5 million), and payments to high-income farmers ($58 million).

But Mr. Obama's war on government waste looks like a war on paper clips. Three-quarters of the cuts come from the national defense budget, not domestic agencies. Of the 10-year savings of $71 billion in entitlement programs -- now with a mind-numbing $62.9 trillion unfunded liability over the long-term -- one-third of the cutbacks aren't cuts at all. They are tax increases, mostly on the oil and gas industry.

One cut gives the word "savings" new meaning. The Obama budget will "save" taxpayers $290 million a year by increasing the IRS enforcement agency budget by $890 million. "Targeted enforcement resources more than pay for themselves," says the budget, in the first case of dynamic scoring by the Democrats since the Kennedy Administration.

Mr. Obama has scoffed at critics who complain these savings are inconsequential. "I guess that's considered trivial," he explained. "Outside of Washington [$17 billion] is still considered a lot of money." Yes, Mr. Obama himself signed a budget bill with 9,000 earmarks costing more than $13 billion and then justified the expenditure by declaring these levels of waste minor in the grand scheme of things.

We now live in a time when tens of billions of dollars has become a blip or rounding error in the federal budget. The Administration has said it's time to take action in reducing America's "$12 trillion American Express bill." We agree, but at this pace, with $16.7 billion of savings a year and even assuming no new debt, it will take centuries to pay off Uncle Sam's credit card.

It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark, and we're wearing sunglasses
5 years 38 weeks ago, 10:15 PM

ssrs10

ssrs10's picture

Rank:
Lieutenant General
Points:
2020
Join Date:
Oct 2008
Location:
Connecticut, United States

Bullshit if you ask me.....

It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark, and we're wearing sunglasses
5 years 38 weeks ago, 10:18 PM

Mark3030

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Mar 2009
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MN
ssrs10

they have no intention of ever paying off any debt sad but tru their just sending it to the next genaration.

"the thrill of the hunt"
5 years 38 weeks ago, 10:20 PM

raffycanlas

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General
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2636
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Nov 2008
Location:
New England Territory

this read upsets me on how stupid the new administration is, thanks to them, my grand kids up to their grand kids would be up to the neck in debt.

I'm just another damn yankee with a loaded gun looking for some fun!
5 years 38 weeks ago, 10:21 PM

ssrs10

ssrs10's picture

Rank:
Lieutenant General
Points:
2020
Join Date:
Oct 2008
Location:
Connecticut, United States
mark3030

Yeah, my generation and most of those in my generation are just sitting here rooting for all this bullshit

It's 106 miles to Chicago, we got a full tank of gas, half a pack of cigarettes, it's dark, and we're wearing sunglasses
5 years 38 weeks ago, 10:31 PM

Mark3030

Mark3030's picture

Rank:
Lieutenant General
Points:
1784
Join Date:
Mar 2009
Location:
MN
ssrs

i know i'm in my 40's and there beleivers. and we saw Ronald Regan at work and they don't want to remember how to do it it sicken me.

"the thrill of the hunt"
5 years 38 weeks ago, 10:31 PM

joeybaggadonuts

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Rank:
Colonel
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Join Date:
Apr 2009
Bitch, Rant and Rave

Quit Bitching, Start a Revolution

Gun Control= the theory that a woman found dead in an alley, raped and strangled with her own pantyhose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound.

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