Quote:
Originally Posted by Kingfish
Unfortunately most of the spending is already done. We can’t get back what we borrowed and already spent to have wars in Iraq and Afghanistan. We can’t get back the lost revenue that went out the door for two tax cuts for the top 2% that are about to expire. We can’t get back what we spent on a prescription drug benefit for seniors where they government wasn’t allowed to negotiate prices they just had to pay whatever the pharmaceutical companies said. So a lot of stuff we are spending on now are things we already purchased and used, but haven’t paid for yet. You can’t cut interest payments on the national debt. Furthermore all I hear out of the conservatives are calls for more spending. They want to borrow 700 trillion to extend tax cuts to the top 2%, they want to borrow more money to increase Medicare spending and they want to borrow money to increase spending on defense.
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actually the republicans have a new angle now for "balanced budget" funny they didnt have this agenda when Bush was in office and racking up 11 trillion in debt.
Obama just wants to take money from the rich to pay more to the poor. He isn't going to get he debt down either. Obama has already taken us from 11 trillion to 14 trillion in debt over the last 2 years. It took bush 8 years to go 11 trillion in debt.
They both can suck my ass, and any of you that swing hard to the left or right are brainwashed monkies.
The only way to get the budget under control is to do something both parties doesn't want to do.... tax everyone, including the rich more and cut back on a lot of the benefits. Obama wants more benefits for people (poor) not less so that isn't going to fly either.