US Republican budget plan would cut $5.8 trln in 10 yrs

Reuters ^ | 4-4-2011 | Andy Sullivan

[gorush]

A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.

[ProtectOurFreedom]

I HATE and DETEST any government schmuck who talks about a ten year horizon. Nobody ever remembers, nobody ever checks, and, most especially, NOBODY is HELD TO ACCOUNT. The only thing that matters now, the ONLY thing, is 2012 budget. It ought to be slashed by $2 trillion, entire departments abolished, and about a million federal “workers” given the boot. Those cuts would get the country back on track in not time and make us globally competitive once again.

Once they start talking 10 year horizons, we are doomed to infantile discussions and no action.

[Free Vulcan]

I’m more interested what they’re planning to cut the next couple of years. We need to cut the deficit at least by half right now to restore a smidge of confidence in the world financial markets.

There are hundreds of billions budgeted, allocated, but not spent. That needs rolled back. We need to take serious steps about fraud in Medicare, SS, welfare and other entitlements. We need to defund Obamacare and the rest of the stimulus plus any other crap spending Obama got passed. Though it’s small change, we need to strictly limit the regulatory agencies ability to target business and particularly small business by tightening their budget.

I really hope these budget cuts will hit on multiple fronts, and then we build from there.

[dragnet2]

I HATE and DETEST any government schmuck who talks about a ten year horizon. Nobody ever remembers, nobody ever checks, and, most especially, NOBODY is HELD TO ACCOUNT.

The political groupy fan clubs aren't smart enough to understand how the ruling class manipulate, orchestrate and concoct these government schemes.

Behind closed doors, the latest scheme was *unveiled*... "Hey, I know, lets tell um this plan will take ten years"...."By then, half these suckers will be dead, and the other half won't even speak English".

They must have been rolling on the floor...

[Lucius Cornelius Sulla]

‘Once they start talking 10 year horizons’

The law requires that they produce 10 year projections. Do you want them to be like Obama and ignore the law?

[dragnet2]

The law requires that they produce 10 year projections.

Oh, they must of forgot to submit those for border security, bailing out the banksters and Wall Street multiple trillions, going into debt to Communist nations for the next 10 generations etc....

[ProtectOurFreedom]

...and especially drilling for oil. All we ever hear is “nothing we do today will help solve the problem.” If they took an honest 10 year horizon and had started aggressively exploring, drilling and producing, we would be awash in domestic oil today.

[AmusedBystander]

Good luck getting any cuts past Obama.

[napscoordinator]

Oh I agree but you must know that they won’t go after the waste but the actually members of the armed forces.

[jimpick]

I call B.S., the 100 billion turned into 33 billion. So this so called 5.4 will turn into 1.8, or just over one years deficit in ten years. More lies by the GOP. This will never happen. The cowards will back down and odumbo will get reelected because the GOP failed to carry through yet again. The GOP has no fortitude and needs to go.

[JDoutrider]

bookmark

[Mariner]

They must drop the tax cuts.

It makes the proposal DOA politically.

Not that tax cuts are a bad idea, it that they ENSURE political defeat.

They should be proposed anew in 4 years when results are demonstrable.

[andyk]

Limbaugh today called it both substantively and politically brilliant.

I didn't believe for a second that this plan would actually reduce the debt at all - I assumed that it would simply work on reducing the deficit. So, based on your comment about how Rush characterized it, I moseyed over to his site, looking for comments from today. Check this out:

Rep. Paul Ryan to Launch a Great GOP Budget Blueprint Tomorrow

RUSH:

<snip>

So a reduction of $4 trillion over ten years is a natural number. That's the clawback. That takes us back to the national debt of nine and a half trillion when Obama took office. That's almost how much Obama has increased the budget in two measly years, folks. In two measly years the national debt has gone from nine and a half to $14 trillion -- in two years! Nine and a half trillion national debt since our founding. In two years of Obama that number becomes $14 trillion. And we can reduce that much in ten years, and people are gonna say, "We can't do that. This is Draconian, gonna starve." It's all BS. And as I say, it's about time.

So if you read that the same way I do, (the only way really) this budget is making real, substantive cuts that result in a reduction of debt. I frankly find it too hard to believe, but I don't believe that Rush could be that far off base with it. I suppose we'll know more about it tomorrow. If this is true, then I can get behind this, and I say kudos to Paul Ryan.

[Opinionated Blowhard]

I'm very fiscally conservative and, in my fantasy world, the cuts would be more substantial and come more quickly. But this budget has to be judged in the real world, and in that context, it is commendable. For all my fellow fiscal conservatives who are disappointed, remember this quote from Frederick Douglass about Lincoln and Abolition:

“Viewed from the genuine abolition ground, Mr. Lincoln seemed tardy, cold, dull, and indifferent; but measuring him by the sentiment of his country, a sentiment he was bound as a statesman to consult, he was swift, zealous, radical, and determined.”

[familyop]

"These corrupt AH's are playing with the numbers... It's a bull sh** shell game..."

Yes. Republicans in Congress currently made a deal to cut the deficit by only 3%. That's nowhere near enough. They'll go on with helping the Democrats to monetize the debt and reject austerity and repudiation. They're socialists as much as Democrats are. They depend on the debt insanity now to keep their lazy, thieving lifestyles going.

I've seen their dishonesties and extreme compromises with Democrats for decades. They're also socially trendy and anti-family like Democrats. They're just as dependent on government revenues to keep their salaries going and on local government to keep their competition down (Republicans being extremely environmentalist in my County in commissioners' meetings against new small business attempts). They even participate in taking money from the fed for radical feminist causes like the VAWA (anti-Second-Amendment, anti-Constitution, anti-family). ...also HUD, public education, etc. They keep phony zoning ordinances in counties in the middle of nowhere to route new business attempts to outrageous flooring costs in ghost towns. They won't even allow a man on a large acreage in the middle of nowhere to repair his neighbors' vehicles or build a few appliances.

They're active in politics in 2011, therefore, they lie. Yes, I'm irked for the long term. I'm short on politics. I'm short on the dollar due to their contemporary, big government push against it. During the 1990s, I told them to cut trendy social programs, or else. It's or else time. We're headed for default, and that's going to happen. They opened the military forces for militant homosexual activists to take over. The party is over.

We need new business in politics, business and academia. That's what we're going to get. After the decline, people who are willing to do some real work (like manufacturing something) will rebuild.

Real Americans, don't buy anything that you don't need. Become more self-sufficient each month, and learn to manufacture something as a hobby for now.

[familyop]

My point is that after the default, revenues for the contemporary kind of political cheerleaders will be rather slim. Without their fat, stolen, anti-production salaries for pushing family-busting social pathologies and preventing others from doing real, productive work, they’ll be done. I look forward to it.

I’m going out, now, to do some foundation work for stone masonry for myself the old fashioned way.