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Thread: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

  1. #181
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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Caterpillar just moved two new divisions to TX out of Illinois.
    BAE Systems just lost a $3 billion Army contract to manufacture military vehicles - manufactured at the Sealy,Tx facility for 18 years - the Army awarded a continuation contract to Wisconsin-based Oshkosh Corporation.

    I hate it for Texas, but we do want to be 'fair and balanced' - don't we?
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    The military is under the control of the CIC and he hasn't sent them to the border. Don't blame the military for the failure of their CIC
    funny how it is ALL paid for with our taxes. i don't blame the military i blame the govt. which is the military and the cic are part of. so again i ask where did the money go?

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by apdst View Post
    Because they haven't been deployed to our border.
    exactly, why haven't they isn't that part of security and defense?
    Last edited by majora$$hole; 11-16-10 at 01:31 PM. Reason: oops.

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    Probably because that is the role of the govt. to protect us, not provide for welfare. Defense costs with the supplementals 750 billion a year out of a 3.8 trillion dollar budget, 1/5 of the budget so IMO defense is paid for over and over again. Read the Constitution.
    again i ask if the govt. is here to protect us and tax us and use those taxes for "defense" why do we have 16 million illegals who just walked into this country?

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by pbrauer View Post
    I've done so many times, its called POPULATION GROWTH.
    Amazing how the population stopped growing when Obama took office. No tax revenue growth now, why?

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by BWG View Post
    BAE Systems just lost a $3 billion Army contract to manufacture military vehicles - manufactured at the Sealy,Tx facility for 18 years - the Army awarded a continuation contract to Wisconsin-based Oshkosh Corporation.

    I hate it for Texas, but we do want to be 'fair and balanced' - don't we?
    Yes, the GOVT. pulled the contract from Sealy not private industry. Private industry is moving to TX. Amazing how that works when there is a profit motive and incentives. This govt. doesn't have a lot of use for TX and vice versa.

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by majora$$hole View Post
    again i ask if the govt. is here to protect us and tax us and use those taxes for "defense" why do we have 16 million illegals who just walked into this country?
    I suggest you come down to TX and go to the border and find out. The military under the control of the CIC isn't on the border.

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by justabubba View Post
    here is a fact. hope it isn't wasted on you. it's basic arithmetic

    IF, as you have asserted, revenues are more than enough to fund the basic functions of government, we would not be facing an ever growing deficit

    anticipating your rebuttal, that revenues are being used to fund unConstitutional activities, i will challenge you in advance to identify which of our budgetary items have been found by the courts to be unConstitutional
    The basic functions of govt. are open to interpretation. Liberals believe in a massive central govt and our Founders believed in a smaller central govt. Going off the Founders vision there is more than enough revenue to fund what our Founders invisioned for the govt. Much of the Federal Govt. is duplicated at the state level, eliminate the duplication and see how much you have left over. Why do we need a Dept. of Education, Dept. of Energy, HSE Dept, Environmental Dept. I could go on but it goes right over your head. The Constitution gives the Congress the authority to do what it has done but that doesn't mean that was the vision of the Founders who knew that power corrupts and that is why they wanted the power decentralized at the state levels. You really ought to study history.

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Taboon View Post
    So, I've disproved your numbers with the site (BEA) that you provided and I look foolish? Did you even look at the BEA link I provided? Seriously?
    Here is the point I was trying to make, first the govt. as I see it, then the govt. as it is. This comes from the U.S. Treasury Website

    Receipt 2009 2008

    Individual Income tax 915.3 1,145.7
    Corporate Taxes 138.2 304.3

    Total 1,053.5 1,450.0

    SS/Unemploy/Other

    Excise Taxes 97.7 67.3


    1,151.2 1,517.3

    Expenses

    Defense 662.8 616.1
    International Affairs
    Gen. Science, Space 29.9 27.8
    Energy
    Natural resources/env
    Agriculture
    Commerce
    Transportation
    Community Dev
    Education/Train/Social
    Health 334.3 280.7
    Medicare
    Income Security
    Social Security
    Veterans Benefits 95.5 84.6
    Justice
    General Govt.
    Net Interest 190.9 252.8


    Total 1313.4 1262

    Notice the surplus

    Now the budget we have

    Receipt 2009 2008

    Individual Income tax 915.3 1,145.7
    Corporate Taxes 138.2 304.3

    Total 1,053.5 1,450.0

    SS/Unemploy/Other 890.9 900.0

    Excise Taxes 97.7 67.3


    2,042.1 2,417.3

    Expenses

    Defense 662.8 616.1
    International Affairs 38.6 28.9
    Gen. Science, Space 29.9 27.8
    Energy 4.6 ..5
    Natural resources/env 45.7 31.9
    Agriculture 14.0 18.4
    Commerce 292.5 277.2
    Transportation 84.4 77.6
    Community Dev 26.2 23.9
    Education/Train/Social 78.2 90.9
    Health 334.3 280.7
    Medicare 430.1 390.8
    Income Security 533.9 427.4
    Social Security 683.0 617.0
    Veterans Benefits 95.5 84.6
    Justice 53.4 47.1
    General Govt. 17.6 20.3
    Net Interest 190.9 252.8


    Total 3615.6 3313.4

    Wish I could post an excel spreadsheet properly but haven't found out how to do that.

    Anyway note the budget total of 3.6 trillion and the reduction in tax revenue in 2009 from 2008.

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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    Here is the point I was trying to make, first the govt. as I see it, then the govt. as it is. This comes from the U.S. Treasury Website

    Receipt 2009 2008

    Individual Income tax 915.3 1,145.7
    Corporate Taxes 138.2 304.3

    Total 1,053.5 1,450.0

    SS/Unemploy/Other

    Excise Taxes 97.7 67.3


    1,151.2 1,517.3

    Expenses

    Defense 662.8 616.1
    International Affairs
    Gen. Science, Space 29.9 27.8
    Energy
    Natural resources/env
    Agriculture
    Commerce
    Transportation
    Community Dev
    Education/Train/Social
    Health 334.3 280.7
    Medicare
    Income Security
    Social Security
    Veterans Benefits 95.5 84.6
    Justice
    General Govt.
    Net Interest 190.9 252.8


    Total 1313.4 1262

    Notice the surplus

    Now the budget we have

    Receipt 2009 2008

    Individual Income tax 915.3 1,145.7
    Corporate Taxes 138.2 304.3

    Total 1,053.5 1,450.0

    SS/Unemploy/Other 890.9 900.0

    Excise Taxes 97.7 67.3


    2,042.1 2,417.3

    Expenses

    Defense 662.8 616.1
    International Affairs 38.6 28.9
    Gen. Science, Space 29.9 27.8
    Energy 4.6 ..5
    Natural resources/env 45.7 31.9
    Agriculture 14.0 18.4
    Commerce 292.5 277.2
    Transportation 84.4 77.6
    Community Dev 26.2 23.9
    Education/Train/Social 78.2 90.9
    Health 334.3 280.7
    Medicare 430.1 390.8
    Income Security 533.9 427.4
    Social Security 683.0 617.0
    Veterans Benefits 95.5 84.6
    Justice 53.4 47.1
    General Govt. 17.6 20.3
    Net Interest 190.9 252.8


    Total 3615.6 3313.4

    Wish I could post an excel spreadsheet properly but haven't found out how to do that.

    Anyway note the budget total of 3.6 trillion and the reduction in tax revenue in 2009 from 2008.
    Ok, I get the point that we are spending a whole heck of a lot more than we are bringing in. No arguments, I don't believe I ever argued that this wasn't the case.

    I see that your expenses basically cover the departments that you believe should be kept based on the constitution as written. That's fine, but if you only spend income and corporate tax receipts on these programs and nothing else, then additional taxes (federal or state, I believe you are arguing for state) need to be raised to keep receipts in-line with expenses. Basically, this means a major tax increase to individuals to make up for the variance related to Social Security, Medicare and Medicaid. So, it's really just a shift in burden to the states. Beyond that, some of the programs you are cutting (i.e. education) will require additional burdens on the states as well. Maybe there are some savings related to efficiencies there but there is no way there is enough to make up for the massive disconnect we currently have.

    My main point is that we barely bring enough in for receipts to cover for Defense, Social Security, Medicare, Medicaid and Interest on our debt. That's it. If we can't touch these programs, then we basically have to cut everything else by 100% or shift those burdens to more localized governments (i.e. the states).

    From what I can see, shifting the burden rather than cutting spending in areas you would like to keep funding off limits (primarily military) will result in the need for higher taxes overall to individuals and corporations than what is currently included in the deficit reduction proposal. Why? Because military spending is a pretty decent chunk of the spending reductions.

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