starcraftzzz
Senior Member
- Feb 14, 2012
- 2,263
- 121
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Yea so you know nothing.The rating agencies are still looking for the same deficit reduction they were seeking last time we got downgraded because they perceived us lacking in the political will to address the problem.
If you'll recall they cautioned that another downgrade might be warranted if the deficit wasn't dealt with. So has anyone seen any effort by Barry to attack the deficit? Anything?
Would passing a Health care bill that reduces the deficit by over 120billion dollars count?
Would reducing future military spending by 500billion dollars count?
Would expanding IRS funding for tax cheats reducing the deficit by 4billion count?
Would increasing taxes on companies that offshore reducing the deficit by several billion count?
Wood a food safety bill that reduces the deficit by several billion, a DREAM act that reduces it by 1.4billion, anti-fraud measures, eliminating overspending on military goods, more energy efficient government buildings, raising tobacco taxes, count?
As far as I know Obamcare is going to add to the deficit in a major way.
Why should we cut food stamps? Is eating now a waste of money?Next you want to cut 500 billion out of defense when they only spend 700 billion a year yet you won't cut one single social program...
Na I only want to cut wasteful spending which is building more bombs despite having enough to blow the earth up 7 times. I mean it could be possible that we discover 8 new dimensions who all want to destroys so we might need enough to blow up 8 earths but I won't bet on it.Oddly you seem to want to cut from the only thing that the federal Government has authority to spend on per the constitution...
Furthermore providing people with food, educations, increasing energy efficiency and providing health care isn't a waste
CBO: Obamacare Would Increase National Debt, Spend Medicare
As the website for the House Budget Committee (which Ryan chairs) notes, the $226 billion in projected debt spending doesn't include "the $115 billion needed to implement the law." (That figure of $115 billion is provided by the CBO as well.) So, $115 billion plus $226 billion equals $341 billion that Obamacare would add to the national debt by the end of 2019.
And when we go to the CBO article that your source quotes this is what they actually say.
Together, those changes in outlays and revenues would diminish budget deficits and add to trust fund balances by $358 billion over that 10-year period.
So if you have an article that doesn't lie please present it.
Furthermore private analysis from Davis concludes that the CBO estimates under state deficit reduction by a few hundred percent