Posted on 12/02/2010 9:52:52 AM PST by ColdOne
Two Republican senators on President Obama's deficit commission -- Tom Coburn and Mike Crapo -- announced Thursday that they support the recommendations put forth by the panel's chairmen, which include $2.2 trillion in cuts to discretionary spending and $1 trillion in tax increases over the next nine years.
(Excerpt) Read more at politico.com ...
I would usually agree except whenever Tom Coburn is involved my radar goes way up. He could not run to the mics fast enough to defend Pelosi and trash FOX News during the primaries.
He is a Tea Party hater and seems to be turning into an elitist Washington insider.
No, I think that would be “you're wrong.” Anyway, the discretionary portion of the budget outside of defense accounts for less than 10% of spending. You could eliminate that completely tomorrow and the federal deficit would still account for 30% of federal spending and nearly 10% of GDP. Finding further cuts may seem simple to you, but believe me no political consensus exists for what you propose. This may come as a shock to you, but no great political consensus exists for throwing old ladies in skilled nursing facilities out in the street or functionally eliminating social security. These things may make economic sense in some way but they are completely impossible goals politically. We need to live in the real world or appear to be the wing nut lunatic fringe that the “elites” and “Ruling Class” say that we are. Either get real or forever by marginalized.
Thats true.. there's many RINOs out there.. Not many are able to make the hard decisions..
Same is true in households.. some one must cut the credit cards
and start paying the bills.. by renegotiation.. with the creditors..
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