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To: MontaniSemperLiberi

Get this reality - projections are not reality they are estimations based upon political calculations and any number of other bullshit.

Get this reality - after Bush cut taxes government revenue increased - after Reagan cut taxes government revenue increased - after Kennedy cut taxes government revenue increased.

The only sane way to budget is to not have the government spend money it doesn’t have. Yes we need to cut spending - that wasn’t even the topic of discussion. Cutting taxes would also be a good thing. But that isn’t the argument you and the Democrats made - it was that we needed to INCREASE taxes (during a recession) AND cut spending.

This was their “balanced approach” - cut spending, supposedly, and increase revenue by INCREASING tax rates (which as I originally pointed out - may or may not actually increase revenue).


72 posted on 08/22/2011 3:19:52 PM PDT by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
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To: allmendream
"after Bush cut taxes government revenue increased"

The facts don't agree with your opinion. the whole point of a tax cut is that government revenues DECREASE. That is the stimulus. They may come back up sometime in the future IF the economy improves. If it doesn't then they won't and we are in worse shape than before the tax cut.

Let's look at where we are today.

Revenue in 2011 is expected to be $2,425,725 million.

2011 costs in millions,

Department of Defense-Military $723,703
Department of Health and Human Services $926,236
Interest on Treasury Debt Securities (Gross) $464,706
Social Security Administration $789,034

Comes to $2,903,679 million. With those three programs alone plus minimum interest payments we have a $477,954 millon deficit. Note this does not even count necessary programs like Federal Prisons and the like.

If you want to cut those three programs, I am right there with you. If you don't then my point that I stand on is that we should pay for them and stop borrowing money.

74 posted on 08/22/2011 4:23:02 PM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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