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GOP proposes $6.2 trillion in spending cuts
MarketWatch ^ | April 5, 2011, 11:24 a.m. EDT | Robert Schroeder, MarketWatch

Posted on 04/05/2011 9:01:56 AM PDT by Ernest_at_the_Beach

2012 plan revamps Medicare, lowers corporate tax rate to 25%

WASHINGTON (MarketWatch) — Opening a new battle in Washington’s budget wars, House Republicans on Tuesday proposed to slash government spending by $6.2 trillion over 10 years, cut the top corporate tax rate to 25%, and dramatically overhaul the Medicare program.

Republicans’ fiscal 2012 budget blueprint, released by House Budget Committee Chairman Paul Ryan of Wisconsin, would also scrap President Barack Obama’s health-care law, remake federal welfare programs and allow oil and gas companies to drill more freely.

It cuts $6.2 trillion over the next decade compared to Obama’s 2012 budget proposal. Compared to current policy levels, it slashes $5.8 trillion in spending. See text of plan from House Budget Committee web site.

The GOP budget lands in the middle of an intense debate about government spending and debt, and comes a day after Obama announced his 2012 re-election bid. By presenting a plan to lock in spending cuts, replace Obama’s health-care law and allow new Medicare beneficiaries to choose private plans, Republicans say they’re leading where the president has failed.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: 2012budget; budgetbattles; nationaldebt; paulryan; paulryanbudget
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To: Ernest_at_the_Beach

GO, GO, GO, GO, GO!!!!

Cut until it hurts then cut some more. We need to destroy the behemoth that government has become. It is the only way to eventually reach the right size for a time until it grows to unreasonable proportions again.

It is a nice vision but it won’t happen in this administration. Obastard must be gone before we can actually move ahead as a nation. Until he is gone we will be mired in conflict.

If the reduction in government employees and programs and construction temporarily sinks the economy... so be it. This s a price that must be paid. Without paying this price we are doomed anyway.


21 posted on 04/05/2011 10:10:42 AM PDT by Sequoyah101 (Half the people are below average.)
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To: SouthTexas
Sorry about the double tap.

Before someone says "you can say that again".

22 posted on 04/05/2011 10:11:39 AM PDT by SouthTexas (Tea time!)
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To: Ernest_at_the_Beach

Call his office for support!

Pray for America


23 posted on 04/05/2011 10:15:41 AM PDT by bray (Hey Country Club, hold your noses this election!)
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To: Ernest_at_the_Beach

It’s a start. Affordable government is always a good goal. Government needs to be cut in size, as well as in cost. I have a few suggestions. Do away with Homeland Security. Do away with all the unconstitutional czars. Get rid of the Department of Education, and the EPA. Break up Fannie Mae and Freddie Mac, and let the Treasury take over the role of the Fed. Get government out of housing and banking. Rethink our immigration policies, and get serious about stopping illegal immigration. Stop democratizing Islam, and get brutal in retaliation for terrorist acts. Stop harassing innocent Americans, and start profiling Muslims. Stop funding union thugs, community organizers. These are some of the items I’d like to see on a budget proposal.


24 posted on 04/05/2011 10:20:47 AM PDT by pallis
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To: Ernest_at_the_Beach

LOL. NICE and WOO-HOO!


25 posted on 04/05/2011 10:23:01 AM PDT by onyx (If you truly support Sarah Palin and want to be on her busy ping list, let me know!)
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To: bray

BTTT


26 posted on 04/05/2011 10:24:33 AM PDT by onyx (If you truly support Sarah Palin and want to be on her busy ping list, let me know!)
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To: Ernest_at_the_Beach

Thanks for the ping!


27 posted on 04/05/2011 10:26:47 AM PDT by Alamo-Girl
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To: Ernest_at_the_Beach; Normandy; FreedomPoster; Para-Ord.45; Entrepreneur; tubebender; mmanager; ...
Thanx for the ping Ernest_at_the_Beach !

 


Beam me to Planet Gore !

28 posted on 04/05/2011 11:15:06 AM PDT by steelyourfaith ("Eternal vigilance is the price of liberty." -- Wendell Phillips)
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To: Ernest_at_the_Beach

Finally, fiscal sanity has a chance.


29 posted on 04/05/2011 11:27:18 AM PDT by Uncle Miltie (0bamanomics: Trickle Up Poverty.)
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To: SMARTY; Ernest_at_the_Beach
"Decades of ‘compromise’ have produced the COMPLETELY AVOIDABLE situation we have NOW."
Double dittos.
30 posted on 04/05/2011 12:49:33 PM PDT by Marine_Uncle (Honor must be earned....Duncan Hunter Sr. for POTUS.)
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To: SMARTY
I am convinced that Liberals do not comprehend wealth.

Shumer isn't stupid and Pelosi isn't poor. On the average, Democrat politicians are wealthier than Republicans. Bureaucrats make more than people working comparable jobs in private industry. Nor are teachers stupid about getting your money. They ALL have better retirement and benefits than just about anybody.

For them... everyone who has a job is wealthy and has no right to more than the guy who can’t seem to get out of bed before 10:00 a.m.

That's just lip service justification they fling in your face to get you to knuckle under.

For them, there is no stigma associated with an aversion to W O R K!!!!!

That's because they've got you working for them.

31 posted on 04/05/2011 1:15:46 PM PDT by Carry_Okie (The RINOcrat Party is still in charge. There has never been a conservative American government.)
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To: Ernest_at_the_Beach; AdmSmith; AnonymousConservative; Berosus; bigheadfred; ColdOne; ...

Thanks Ernest. That’s a pretty nice ax, and a good number.


32 posted on 04/05/2011 5:38:17 PM PDT by SunkenCiv (Thanks Cincinna for this link -- http://www.friendsofitamar.org)
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To: Ernest_at_the_Beach; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...

In case anybody’s been hiding under a rock today...

PING!


33 posted on 04/05/2011 6:49:39 PM PDT by Tolerance Sucks Rocks (Follow me on Twitter @mpetrie98)
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