Page 1 of 11 123 ... LastLast
Results 1 to 10 of 109

Thread: Obama to propose spending freeze

  1. #1
    Girthless
    RightinNYC's Avatar
    Join Date
    Mar 2005
    Location
    New York, NY
    Last Seen
    01-23-11 @ 11:56 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    25,894

    Obama to propose spending freeze

    Obama to propose spending freeze - Glenn Thrush and David Rogers - POLITICO.com

    President Obama plans to announce a three-year freeze on discretionary, “non-security” spending in the lead-up to Wednesday's State of the Union address, Hill Democratic sources familiar with the plan tell POLITICO.

    The move, intended to blunt the populist backlash against Obama's $787 billion stimulus and an era of trillion-dollar deficits — and to quell Democratic anxiety over last Tuesday's Massachusetts Senate election — is projected to save $250 billion, the Democrats said.

    The freeze would not apply to defense or foreign aid or spending on intelligence, homeland security or veterans.

    News of the proposal came as the Congressional Budget Office is slated to release new deficit estimates Tuesday morning, and when the Senate will also vote on a proposed bipartisan task force empowered to force votes after November’s elections on proposals to rein in the growing federal debt.
    This is pretty surprising. Given the shifting national attitude, it looks to be that rare convergence of good policy, good timing, and good politics.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  2. #2
    Sage
    Dav's Avatar
    Join Date
    Mar 2009
    Location
    Virginia
    Last Seen
    04-16-16 @ 02:36 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,539

    Re: Obama to propose spending freeze

    Isn't this that thing that John McCain suggested, which Obama then rolled his eyes at?

  3. #3
    Educator Winnb's Avatar
    Join Date
    Jan 2010
    Location
    Virginia
    Last Seen
    02-22-10 @ 07:09 PM
    Gender
    Lean
    Libertarian
    Posts
    822

    Re: Obama to propose spending freeze

    Quote Originally Posted by RightinNYC View Post
    Obama to propose spending freeze - Glenn Thrush and David Rogers - POLITICO.com



    This is pretty surprising. Given the shifting national attitude, it looks to be that rare convergence of good policy, good timing, and good politics.
    Agreed. Now we'll see if he follows through. From the article

    The freeze would not apply to defense or foreign aid or spending on intelligence, homeland security or veterans.
    That still leaves a HUGE amount of spending, but it's a start.

    From the Article:

    On Monday, Obama unveiled a series of five proposals intended to help middle-class families, including a near-doubling of the Child and Dependent Care Tax Credit for families making under $85,000 a year, creating a system of automatic workplace IRA contributions, and expanding help for families with elderly relatives.
    Okay so he's proposing cutting spending AND he's cutting taxes on the middle class. Now we're talking.
    Peace, commerce and honest friendship with all nations; entangling alliances with none.

    -------------------------------------------------

  4. #4
    User
    Join Date
    Jan 2010
    Last Seen
    02-02-10 @ 09:45 PM
    Gender
    Lean
    Independent
    Posts
    18

    Re: Obama to propose spending freeze

    Seems like too little and it only starts in 2011.

  5. #5
    Girthless
    RightinNYC's Avatar
    Join Date
    Mar 2005
    Location
    New York, NY
    Last Seen
    01-23-11 @ 11:56 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    25,894

    Re: Obama to propose spending freeze

    Quote Originally Posted by Dav View Post
    Isn't this that thing that John McCain suggested, which Obama then rolled his eyes at?
    Yes:

    “Well, look, I think that we do have a disagreement about an across-the-board spending freeze. It sounds good. It’s proposed periodically. It doesn’t happen.

    And, in fact, an across-the-board spending freeze is a hatchet, and we do need a scalpel, because there are some programs that don’t work at all. There are some programs that are underfunded. And I want to make sure that we are focused on those programs that work.”

    “I do want to just point out that autism, for example, or other special needs will require some additional funding, if we’re going to get serious in terms of research. That is something that every family that advocates on behalf of disabled children talk about.

    And if we have an across-the-board spending freeze, we’re not going to be able to do it. That’s an example of, I think, the kind of use of the scalpel that we want to make sure that we’re funding some of those programs.”
    I'm hesitant to criticize people for things like this though, as I'd rather have someone recognize that they supported a bad policy and reverse course than to have them stick with the bad policy because they're worried about being labeled flip-floppers.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  6. #6
    Banned
    Join Date
    Dec 2009
    Location
    University of San Diego
    Last Seen
    04-14-11 @ 02:55 PM
    Gender
    Lean
    Centrist
    Posts
    672
    Blog Entries
    3

    Re: Obama to propose spending freeze

    He plans on getting through his other policies (I believe cap and trade is next on the docket), cutting taxes, lowering the deficit and freezing spending? I'm sorry, but this seems to have as much substance as "Hope," and "Change."

  7. #7
    Girthless
    RightinNYC's Avatar
    Join Date
    Mar 2005
    Location
    New York, NY
    Last Seen
    01-23-11 @ 11:56 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    25,894

    Re: Obama to propose spending freeze

    Another take:

    1) This isn’t news. In the budget proposal that President Obama submitted to Congress last year, his budget office already projected actual cuts and freezes in “non-defense” discretionary spending for the next three years. That’s in part because of the huge increase in that area of spending that the President requested (and received) for the current fiscal year. To be specific: FY2009 (President Bush’s last budget) had $589 billion in non-defense discretionary spending. That number jumped to $687 billion in FY2010 (Obama’s first budget), and then drops to $641 billion in FY2011, $622 billion in FY2012 and $625 billion in FY2013. So for the White House to now boast that it will freeze non-defense discretionary spending is hardly news. If anything, it’s backtracking on its earlier plans to actually cut that area of spending.
    Hm. That's somewhat less exciting.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  8. #8
    Comrade from Canuckistan! AgentM's Avatar
    Join Date
    Jan 2010
    Location
    British Columbia
    Last Seen
    02-17-11 @ 03:41 AM
    Gender
    Lean
    Liberal
    Posts
    995

    Re: Obama to propose spending freeze

    Well this could be a good start. However, America isn't going to be able to get rid of it's horrendous debt levels unless it makes significant cuts to it's ridiculously large military. Just ain't gonna happen.
    "When you're born you get a ticket to the freak show. I say enjoy the show, don't take it seriously." - George Carlin

  9. #9
    Educator Winnb's Avatar
    Join Date
    Jan 2010
    Location
    Virginia
    Last Seen
    02-22-10 @ 07:09 PM
    Gender
    Lean
    Libertarian
    Posts
    822

    Re: Obama to propose spending freeze

    Quote Originally Posted by AgentM View Post
    Well this could be a good start. However, America isn't going to be able to get rid of it's horrendous debt levels unless it makes significant cuts to it's ridiculously large military. Just ain't gonna happen.
    You got that right. The GOP won't cut military spending and the Dems can't cut it because they'll be labeled as soft on defense or not supporting the troops. Or hell some other nonsense...
    Peace, commerce and honest friendship with all nations; entangling alliances with none.

    -------------------------------------------------

  10. #10
    Girthless
    RightinNYC's Avatar
    Join Date
    Mar 2005
    Location
    New York, NY
    Last Seen
    01-23-11 @ 11:56 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    25,894

    Re: Obama to propose spending freeze

    Quote Originally Posted by AgentM View Post
    Well this could be a good start. However, America isn't going to be able to get rid of it's horrendous debt levels unless it makes significant cuts to it's ridiculously large military. Just ain't gonna happen.
    Quote Originally Posted by Winnb View Post
    You got that right. The GOP won't cut military spending and the Dems can't cut it because they'll be labeled as soft on defense or not supporting the troops. Or hell some other nonsense...
    While I'm not denying that DoD could use some cuts, it's by no means a panacea.

    Defense spending is 18.75% of the 2010 budget.

    SS + Medicare + Medicaid + Welfare = 50.75% of the 2010 budget.

    Cutting DoD while ignoring entitlement spending will do nothing to fix our situation in the long term.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

Page 1 of 11 123 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •