Posted on 02/08/2018 10:05:53 AM PST by SeekAndFind
The budget agreement reached by the Republican House and Republican Senate would increase spending over $500 billion over the next two years. It does not appear to cut a penny from domestic spending; in fact, along with military increases, it increases domestic spending by hundreds of billions of dollars.
Basically, what happened is that the Democrats held military spending hostage so that they not only protected all their favorite spending programs but got huge increases for them.
According to outlines of the budget plan circulated by congressional aides, existing spending caps would be raised by a combined $296 billion through 2019. The agreement includes an additional $160 billion in uncapped funding for overseas military and State Department operations, and about $90 billion more would be spent on disaster aid for victims of recent hurricanes and wildfires.
Some of the funding is reserved for programs favored by lawmakers of both parties: research conducted by the National Institutes of Health, for instance, as well as transportation and water infrastructure. The Children’s Health Insurance Program would be extended through 2028, and the federal fund for community health centers would see a two-year extension.
We have over 20 trillion dollars in debt. Is the NIH really a national priority? Is "transportation," whatever that is, really a vital priority, or "water infrastructure," whatever that is? Why does CHIP need to be authorized for 10 years? Is the Department of Defense being funded for 10 years? Is the border wall?
The deal would also obviate the need to raise the debt ceiling until after the 2018 elections. How convenient. The debt ceiling votes are needed to keep government spending in check, but are now being done away with.
(Excerpt) Read more at americanthinker.com ...
GOP is not the defining political reality. It is the ideological makeup that creates this situation.
Bttt.
5.56mm
Everyone in the Swamp knows we have passed the event horizon on the Black Hole of insolvency.
A few trillion here or there will just accelerate the ride a bit...
End game (at some future point)—Welcome to the new currency, citizen—it is worth ten cents on the dollar.
When will Trump challenge McConnell?
Another dumb ass that can’t grasp that deficit spending goes up directly after the tax cut, and levels out as increased federal tax receipts kick in.
Where do they come up with these idiots?
The GOP and Democrats are one in the same...
When interest rates double the country will be back to the great depression..were a banana republic..
They did this to Reagan. Always the same game.
Trump signs a budget with no wall funding his presidency is over. I think he knows that. The douche bag congress is making Trump cut his own throat by not funding the wall in this budget. I hate these POS RINOS in congress. I hate them all.
RE: These RINO morons needed to show that tax cuts coulped with eliminating wasteful spending will grow the economy and eliminate the deficit.
Here are the possibilities:
1) Increase taxes, increase spending (The Democrats want this)
2) Increase taxes, decrease spending ( never heard of any politician in Washington who wants this ).
3) Decrease taxes, increase spending ( What we sometimes have when Republicans control both houses )
4) Decrease taxes AND spending ( a minority of Republicans ( Tea partiers mostly, but they’re being sidelined ) want this ).
No, this GOP from president to janitor would make Tip O’Neill blanch with their spending. They went full Bannon.
“We don’t actually have the Senate. Too many RINOs.”
Precisely. Too may RINO’s.
Here’s an idea. Using Obama’s newly found EO powers. Stop all entitlement spending to pay for the military. Let the Dims twist until they capitulate.
This is going to fuel another bitcoin bubble
How many times has he had to say this and this was back in May! President Trump finally spoke his mind on Twitter on Tuesday. The reason that the budget bill was a compromise between Republicans and Democrats, he said, was that “we need 60 votes in the Senate which are not there.” The solution? “[E]either elect more Republican Senators in 2018 or change the rules now to 51%.”
Did anyone really think that they would?
Don’t you know the Reps said DACA (immigration) will not be part of the budget negotiations this time around? That was a Loss for the Dems and will be negotiated later. My view, March 6th and DACA is DOA!
What group would cut? Would voters support cuts?. About 50% of Americans receive freebies. Name anyone or group that has the guts to cut meaningful dollars from the annual budget?
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