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And what do the economist say about that?
And what do the economist say about that?
Here is what they have to say about it. Is the CBO good enough evidence for you Truthmatters? They are the CONGRESSIONAL BUDGET OFFICE- a non-partisan group of number crunchers.
CAGW Statement on CBO Report and Debt Ceiling Vote | Business Wire
CAGW Statement on CBO Report and Debt Ceiling Vote
WASHINGTON--(BUSINESS WIRE)--Citizens Against Government Waste (CAGW) today echoed the warning from Congressional Budget Office (CBO) Director Douglas Elmendorf, who said that policymakers face a daunting challenge in bringing spending under control. He said the nations budget outlook is on an unsustainable path, and the prognosis is worrisome and bleak. CBO projects a $1.3 trillion budget deficit for fiscal year 2010, close to the $1.4 trillion deficit in fiscal year 2009. This week, Congress will be voting to raise the national debt ceiling by $1.9 trillion, the largest single increase in history.
The Presidents proposed freeze for fiscal year 2011 should be adopted, but it is too little, too late
At the same time, news reports indicate that President Obama intends to propose a freeze on non-defense discretionary domestic spending for three years, which, if enacted, would yield $15 billion in savings in the first year. In the current fiscal year, Congress agreed to cut $6.9 billion out of the Presidents list of $11.3 billion in savings.
The Presidents proposed freeze for fiscal year 2011 should be adopted, but it is too little, too late, said CAGW President Tom Schatz. The savings are a pittance compared to current rapid budget growth, wasteful spending and bureaucratic bloat. The President himself has suggested that he will initiate new, expensive giveaway programs in his State of the Union Address on Wednesday, which are likely to end up overwhelming the $15 billion in discretionary savings. In addition, Democratic leaders are considering an $80 billion jobs bill despite their claim that the stimulus has worked. We suggest that the President and members of Congress read CAGWs 2010 Prime Cuts, which has 763 recommendations that would save $350 billion in one year and $2.2 trillion over five years. The $350 billion represents less than 10 percent of the $3.6 trillion budget a reduction in spending that would be readily understood and accepted by taxpayers.
Poll: 83% of Speech Watchers Approve of Obama's State of the Union Proposals - Political Hotsheet - CBS News
Poll: 83% of Speech Watchers Approve of Obama's State of the Union Proposals
Bush's SOTU was 85%. Got a point?
Poll: 83% of Speech Watchers Approve of Obama's State of the Union Proposals - Political Hotsheet - CBS News
In January 2002 when George W. Bush gave the State of the Union Address a year into his presidency 85% of speech watchers approved.
He better kick the republicans ass all the way down the street.
He doesn't have to involve the Republicans at all. He has a 59 seat causus in the Senate. If nothing gets done, it's the Democrats that will be to blame.
-TSO
we need a high speed rail system like we need another failure like Amtrack. Amtrack is high speed, that is losing and wasting money!!!!
Oh and also the following Republican Response? What's your reaction on that? Who do you believe more, the President or the Republican response? Which side do you believe was more effective (and/or convincing) in making their argument.
Ive been thinking about this for a while.
Let me know your thoughts!!
Oh, I agreed with much of what he said. I just have serious doubts this administration can follow through with their promises.
-TSO
Check out the time schedule of the Starlate, to travel between common cities in central-to-southern CA.we need a high speed rail system like we need another failure like Amtrack. Amtrack is high speed, that is losing and wasting money!!!!
AWWWWW poor Dude his little Hero is gettting blamed for the shitty mess he caused and Dude cheered on.
Of course not because you are such a partisan hack he could do exactly what you want and you would hate him.
DR. FREUD, PLEASE CALL YOUR OFFICE!The right doesn't want a little, they want it all. They want things done the way they want it done and if not they will continue to filibuster. For the dishonest and hypocritcal right a compromise consists of their opposition giving the right everything they want when they offer NOTHING in return. You give them a little and then they move the goal posts asking for more and they will continue to do so.
Oh, I agreed with much of what he said. I just have serious doubts this administration can follow through with their promises.
-TSO
HOLY SHIT! A YAWN! IMPEACH OBAMA! THE SKY IS FALLING!
Reid's answer to this OP.
You know it's painful to watch...so you make light of it. But, if you want to impeach over it...then go ahead....you won't get any resistence from me.
are you suggesting that no old man republican ever yawned during a republican president's SOTU speech or are we going to go ahead and just admit what kind of weak, laughable bullshit your opinion of this yawn is?
Pretty sad huh, they chear GW for years while he fucked everything up and then spew hate on Obama and the dems for not creating a perfect world in one year while there guys fight EVERY attempt to fix anything the entire time.
These people are just such sick ass people.