DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
MSNBC reports. This looks like more smoke and mirrors from the Dems. I want to see what and when the cuts are going to happen and also to see if they plan on raising taxes in their plan. My trust for the liberals is gone and I hope this get scrutinized before it is even considered.
ReplyDeleteLook, this is very misleading--the Republican plan used baseline numbers from January, The CBO used numbers from May. The CBO was able to ACTUALLY score the plan because it is ACTUALLY WRITTEN on paper. The Dem and Obama plan would be in the same predicament if it was ACTUALLY ON PAPER. Boehner ASKED the CBO to score his plan--they will rewrite it using the correct baseline numbers. Remember always that the CBO reports are only as good as the numbers they are given--they were given incorrect numbers in order to score Obamacare favorably for example.
ReplyDeleteSmoke and Mirror #1:
ReplyDeleteThe Reid plan claims about $1 trillion in spending cuts tied to the drawdowns of the wars in Iraq and Afghanistan. While CBO accepts these claims as legitimate cuts, the U.S. is already planning to wind down these wars. If you don't count the savings from the drawdowns - and critics say you shouldn't - then the Boehner and Reid plans are not quite so far apart.
I'm still confused by all of these guys in Washington. The US currently digs a 1.3 TRILLION hole every year. How is cutting just 85-220 billion of this supposed to dig us out of a hole that would still be growing at over 1 trillion a year?
ReplyDeleteNeither are really true cuts. Just a reduction of the increase in spending. Instead of a 30% increase they are only going to increase it by 25%.Thus were cutting spending by nothing but B.S.
ReplyDelete126-Actually the current budget deficit is 1.6 trillion. But otherwise I completely agree with your points.
ReplyDeleteIt's ALL smoke and mirrors....PROJECTED savings and the math is sketchy. As a prior poster said, if the original plan was to spend 30% more, but now, its only 25%, then THERE is some "saving". BS!! Still spending MORE than last year. Double accounting and anticipating revenues FAR above what is normal or reasonable also helps with getting to 2 trillion in "savings".... these are POLITICIANS. They lie like its their second job and have a reputation for saying whatever we want to hear. AND, the sad part is "we, the people" always fall for it. ALWAYS. Prediction: they will reach a "deal". It will be worthless and NOT do anything to improve anything, but will be loudly touted as a great "compromise" solution that we should all be grateful for...
ReplyDeleteAs those crooked polititions if teh total budget goes up or down.
ReplyDeleteNot percentages! Just the total budget.
1:26 has it correct. Every plane proposed has only cut from the spending increases. The total spending still goes up.