everyone knows that "future cuts" will never ever happen
Excatly HOW does the Bonehead and GOP plan to reconcile “the need to cut spending now” with “$3-4 trillion in cuts OVER 10 YEARS”?
"Don't go all wobbly on me, George" - Margaret Thatcher to then President George H.W. Bush.
Forget the 10 year cut. We know how that goes. The question is: What’s the cut in 2012. Anything else is just make believe.
And I’m betting the 2012 cuts will be close to zero. Obama wants to spend $1.6 trillion or so that he doesn’t have in 2012. That needs to get carved down by at least $400-$500 billion. I’m not holding my breath.
$3-4 TRILLION in cuts over 10 years?
I need a year by year breakdown of exactly how much is cut per year and which specific programs will be cut each year and by how much. Let’s get SERIOUS about this.
Methinks the answer will be backloaded to the extreme. Which means, of course, as it has many times in the past, that few, if any, of the cuts will be made.
3 to 4 trillion over a decade is pure horse crap. We should be asking for 6 to 9 billion a year for ever until no debt. What the hell is the matter with these fools thinking we buy this crap?
OVER 10 YEARS IS FRUAD and all of us know it.....
everyone knows that "future cuts" will never ever happen
A deal that “could cut” over “10 years”?
The McConnell "backup" doesn't even reach 2 trillion and was panned by Moodys.
This better be a decent deal. It won't be "great" because it hasn't the "teeth" of a Balanced Budget Amendment and no "10 year deal" has any meaning since one congress can't require the next to spend at certain levels going forward.
Cuts need to be made now and they better be over $100 billion like "Cut, Cap & Balance."
No matter what happens, Obama will spin it as a victory for himself and blame Republicans for anything that goes wrong.
Why doesn’t he just pressure the Senate to pass the house bill? Why bother to “hammer” out a new one? Spinless wimp a**ed republican leaders.
“$3-4 trillion” looks like a big number. Over ten years, eh? The deficit over ten years is about $15 trillion, if they don’t make it higher next year than this year. The government-dependent (nearly all politically involved constituents) are going to suck every bit that they can out of this debt regime toward certain default.
Office of the Speaker
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Washington, DC 20515
Phone: (202) 225-0600
Fax: (202) 225-5117
U.S. Capitol Switchboard, (202) 224-3121
Over ten years, boner you bastard, you cannot bind future congresses, so knock off the horse shit talk.
If the Republicans go for a deal that says $3-4 trillion in 10 years, they are toast. All of this arguing, pain and suffering - for what? For a deal that they could have gotten on day one?
Obama will be glad to guarantee all kinds of “cuts” over ten years. “Cuts” can be defined in any way in a ten-year period. They can be cuts in what Obama will claim he actually wanted to, or needed to, spend. And the best thing is, none of the cuts have to happen this year or next (which is, by the way, an election year). Actually, no real cuts ever have to happen with such a plan. They can disappear when a new president takes office in 2013 or in 2017. No one currently in office has to take responsibility for complying with the promise.
I am going to cut my family budget by $550,000 next year. I’m not going to buy the Bugatti Veyron Super Sports ($2,400,000). Instead, I’m going to settle for the Pagani Zonda Clinque Roadster ($1,850,000). Of course, the fact that I only make $80,000 a year means I will incur some debt. But, hey, I’m showing some real responsibility here.
(Thanks to http://www.thesupercars.org/top-cars/most-expensive-cars-in-the-world-top-10-list/ for the car prices.)
If Boehner doesn’t stand his ground against Reid he can kiss any chance of Republicans making any ground in the next elections. This is the Democrats mess for not passing anything since Obama took over. I will stay home on election day.
http://salsa.afge.org/c/407/p/dia/action/public/?action_KEY=409
Federal Employee Pension Is On GOP Chopping Block
http://www.afge.org/Index.cfm?Page=takeactionAdvocacy
Urgent and New Materials for Fighting Debt Deal
More fear mongering, first social security checks, now making they are freaking about this? I don't see the big deal. The pension plan would still be great. Better than most workers have, they can't have it all. This is reality. But, to scare the disabled and seniors to gain a mob is just wrong and sickening.
This reminds me exactly of the TARP debate that was going on in 2008. Everybody thought the sky was going to fall and the world was going to come to an end if they didn’t pass TARP. So they spent 1 trillion dollars based on fear, and the Dow responded by dropping an additional 2,000 points. The economy still has not really recovered, and there’s no evidence that TARP did anything at all to help the economy. Just like TARP, the current Congress is going to pass another bill based on fear.