Beware of the so called “Grand Bargain”. One thing it will do is set Obamacare in stone. It is a RINO/RAT coalition Plan. Another step away from the Constitution and twards Tyranny.
The ‘grand bargain’ would be 2000+ pages of crapola that, quoting Nancy P, ‘Congress would need to pass so they could find out what is in it.’
Dems are good at presenting those multi-thousand page bills just for that express purpose — they can load it with all kinds of gotcha’s that won’t surface until months later.
Problem is when you analyze what that truly entails it brings a whole bunch of other realities into play.
Here is an example of how things would have to be cut in order to get to a balanced budget.
My figures assume a 3.5 trillion current proposed budget with 2.2 trillion in revenues. It's an F2010 doc from
http://stuffedsuits.com
I could have used almost anything, anywhere. They are all roughly the same and the concept of what has to be cut is the same.
Could you use different cuts? Of course. But the outcome is the same--massive budget cuts are necessary to balance the budget without any debt ceiling increases.
Here is a sample budget of what cuts would be necessary for a balanced budget:
You need to get to 1.3 trillion in cuts to balance the budget:
1. Social security--cut 100 billion(you don't have to cut it but the money has to come from some where else)
2. Medicare--cut 200 billion(same story as above)
3.Unemployment Insurance--other, entitlements--350 billion
4. Defense--Cut--300 billion (once again the cuts have to come from some where)
5.Non-defense--discretionary--300 billion
6. discretionary one-time items--50 billion.
That gets you to 1.3 trillion in one year.
It also probably gets zero reelected since the DBM would have enough to cry about,we would be demonized nonstop forever, for at least a year.