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Thread: GOP official: House to vote to lift debt limit

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Lord Tammerlain View Post
    A spending freeze would also help

    Keep spending at 2013 levels for 10 years and the budget, assuming 2-3% GDP growth on average would most likely dissappear in 10 years
    You can't freeze about 2/3 of the "budget" as it is means tested entitlements. What will happen when you freeze granny's SS/Medicare? Do her rent, utilitiy, food and medicine costs get frozen, or must she choose the "important" things and do without the others?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Deuce View Post
    Every time spending cuts are brought up, the GOP's response is "can't cut defense one dollar."
    Every time ANY federal spending cuts are brought up, Obama's response is that they must be "balanced" by tax increases on "the rich".
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by ttwtt78640 View Post
    You can't freeze about 2/3 of the "budget" as it is means tested entitlements. What will happen when you freeze granny's SS/Medicare? Do her rent, utilitiy, food and medicine costs get frozen, or must she choose the "important" things and do without the others?
    It is a freeze on spending, which does not mean how it is spent is frozen.


    Means testing could ensure those that need assistance would get it.
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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by MarineTpartier View Post
    Totally agree bro. I don't understand why both sides can't just sit down and figure out a way to lower costs instead of raise the spending level. Blows me away. Personally, I think the right should give on immigration and the left give on spending. That would be a good compromise IMO.
    Unfortunately, that's self defeating: high levels of low-income immigration + social safety net = higher spending.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Lord Tammerlain View Post
    It is a freeze on spending, which does not mean how it is spent is frozen.


    Means testing could ensure those that need assistance would get it.
    Bingo. There is no reason for low income workers to be subsidizing the retirements of high-income workers.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Gonzo Rodeo View Post
    It as made into a law specifically in order to raise the debate about public debt every time it comes up. That it was voted on an passed automatically as a matter of course since the law existed, whatever. It is interesting to find out how Democrats felt about it when Republicans held all the cards, though. Obama himself back in '06 said it was irresponsible to raise the debt ceiling. And now his position is "give me all the power".
    Because when one dem does it, it's exactly the same thing as when all the repubs in congress do it
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    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by MarineTpartier View Post
    When is it a good time then?
    How about before they vote to authorize all that spending?

    By increasing the ceiling instead of dropping from the basement. I understand what it is bro.
    When is it a good time then? That's all we ever here from Dems and Pres Obama. It's never a "good time" to talk about spending cuts. That's readily apparent over the past 8 years.
    And to think it was just a few short months ago that repubs were criticizing Obama for cutting Medicare spending by several hundred billion

    How quickly they forget
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by ttwtt78640 View Post
    Every time ANY federal spending cuts are brought up, Obama's response is that they must be "balanced" by tax increases on "the rich".
    And when the GOP are in power, any time federal spending cuts are brought up, the GOP want to "balance" it by giving the rich tax breaks.

    The GOP don't clean house when they're in power, they're just as guilty of overspending on their pet projects and not cutting the bloated bureaucracy.

    It seems like every politician on capitol hill is there to take their slice of the government pie while in office and then pass the buck to whoever will have to deal with the mess in the future. That's all the debt ceiling increases are doing... passing the buck to some poor sap down the line. Both parties are just hoping that it's not their guy in power when the **** really hits the fan.

    No one is doing the right thing because of their political careers. Our government lost its moral compass a long time ago.

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Lord Tammerlain View Post
    It is a freeze on spending, which does not mean how it is spent is frozen.


    Means testing could ensure those that need assistance would get it.
    Again, math is not your friend here. If "locking in" deficits of over 40% is done that is not a good thing. Use 2007/8 as your base year, not the "one time" 20% inflated federal spending done for TARP and ARRA (stimulus I) - you sound like Obama, wanting to keep right on spending at the highest level possible.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: GOP official: House to vote to lift debt limit

    Quote Originally Posted by Northern Light View Post
    And when the GOP are in power, any time federal spending cuts are brought up, the GOP want to "balance" it by giving the rich tax breaks.

    The GOP don't clean house when they're in power, they're just as guilty of overspending on their pet projects and not cutting the bloated bureaucracy.

    It seems like every politician on capitol hill is there to take their slice of the government pie while in office and then pass the buck to whoever will have to deal with the mess in the future. That's all the debt ceiling increases are doing... passing the buck to some poor sap down the line. Both parties are just hoping that it's not their guy in power when the **** really hits the fan.

    No one is doing the right thing because of their political careers. Our government lost its moral compass a long time ago.
    While it may be nice to equate the defict spending, the defict levels are now twice that under Obama from what they were during Bush 43. To continue to use the "one time" TARP and ARRA (stimulus I) spending increases attained in 2008/9 as the "baseline" simply ensures that the maximum federal deficit spending levels will continue. The GOP did not cut only the taxes on the rich, as you may note that the tax rates went down more for the bottom income bracket than the top. Obama is a great speaker but very poor at managing the nation's money.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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