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Thread: Obama budget to miss deficit goal

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    Re: Obama budget to miss deficit goal

    Maybe it is time for our government to have a balanced budget amendment? That is pretty restrictive, how about a maximum deficit limit for spending. If under 3% (as stated by this article) is healthy, then why not enact a bill that only allows the government to maintain a deficit that is 3% of the economy?
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    Re: Obama budget to miss deficit goal

    Quote Originally Posted by Blue_State View Post
    Maybe it is time for our government to have a balanced budget amendment? That is pretty restrictive, how about a maximum deficit limit for spending. If under 3% (as stated by this article) is healthy, then why not enact a bill that only allows the government to maintain a deficit that is 3% of the economy?
    The problem with any of those kinds of limit is the necessity that may arise from disaster whether it be economic, natural, or whatever. I agree there needs to be some guideline that is usually followed but I can't agree to a constitutional amendment.

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    Re: Obama budget to miss deficit goal

    Quote Originally Posted by MoSurveyor View Post
    This is the beginning of a long and most likely drawn out negotiation with Congress over what will and won't be in the next budget. Who cares what the proposal is now? We all know Congress will hack it up, add their pork, and switch out stuff they don't like for what gives them more votes or takes away from Obama's votes. I haven't seen an initial budget proposal yet that came close to surviving Congress's hack job. This one won't be any different.

    Discussing individual spending points is one thing but judging the whole package is a waste of time at this point. No one, including Obama, expects it to pass intact.
    No, here is what is going to happen. The House is going to pass a budget. One of their own. The Senate is not going to bring their own up and won't vote for the House version. They were then be forced to vote on Obama's budget and he will then get to explain why his budget was again voted down 97-0.

    Legally a budget must be passed. I dont understand why it is that politicians are allowed to ignore the law.

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    Re: Obama budget to miss deficit goal

    Quote Originally Posted by 1Perry View Post
    Legally a budget must be passed. I dont understand why it is that politicians are allowed to ignore the law.
    Maybe it's because we just got tired of watching Congress pass even more laws that allow them to ignore the laws they made for the rest of us.

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    Re: Obama budget to miss deficit goal

    Quote Originally Posted by MoSurveyor View Post
    The problem with any of those kinds of limit is the necessity that may arise from disaster whether it be economic, natural, or whatever. I agree there needs to be some guideline that is usually followed but I can't agree to a constitutional amendment.
    Whatever it is, I think we both agree there needs to be a gerneral control.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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