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

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    Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Panel Chairmen Recommend Cutting Federal Spending by $200 Billion - WSJ.com

    Good start! Will it get anywhere? It's going to take cuts to the major programs (i.e. Medicare, Defense, Medicaid) to get the budget balanced in the future. This proposal does that but it only gets us part way there. Good to see at least a little ambition here.

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

    This is a very small start and but it's too late to save California if everything they were implemented and worked 100%.

    California lost businesses and citizens to Texas because California has had A Governor who is a Liberal and the worst one in history is coming up.

    If "Obama I don't Care Kill Granny plan" is not stopped nothing is going to stopped Obama from getting his way and the economy will tank and we are going to have the worst most devastating depression in history and it will be 100% Obama's fault.

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

    Quote Originally Posted by Councilman View Post
    This is a very small start and but it's too late to save California if everything they were implemented and worked 100%.

    California lost businesses and citizens to Texas because California has had A Governor who is a Liberal and the worst one in history is coming up.

    If "Obama I don't Care Kill Granny plan" is not stopped nothing is going to stopped Obama from getting his way and the economy will tank and we are going to have the worst most devastating depression in history and it will be 100% Obama's fault.
    I wouldn't exactly call $200 Billion a "very small start". Granted, it appears that we are on pace to have a budget deficit averaging about $800 Billion a year going forward based on current activities, it still gets us 25% of the way there.

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

    Getting out of Iraq and Afghanistan will go a long way as well.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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

    For those who are interested, a copy of the draft text of the plan, which is in preliminary form, can be found at:

    http://assets.nationaljournal.com/pd...11.10.2010.pdf

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

    Quote Originally Posted by Councilman View Post
    This is a very small start and but it's too late to save California if everything they were implemented and worked 100%.

    California lost businesses and citizens to Texas because California has had A Governor who is a Liberal and the worst one in history is coming up.

    If "Obama I don't Care Kill Granny plan" is not stopped nothing is going to stopped Obama from getting his way and the economy will tank and we are going to have the worst most devastating depression in history and it will be 100% Obama's fault.
    Bull, it is the fault of every American who wants to have everything today, borrowing from tomorrow to have more crap than they can afford, much less need.
    We have so much stuff that about 10% of us pay monthly fees to storage facilities to store our stuff.
    There is no financial security is collecting and surrounding ourselves with all this stuff we don't need. We buy the crap with credit, and pay storage fees with credit. Better to get rid of it, have a yard sale first, then donating the rest of it to thrift stores.
    Oracle of Utah
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    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Why don't you all just cut defence spending by about $600 billion? That'd do it. God knows that extra several-hundred-billion-dollars isn't making your troops unkillable in Iraq or Afghanistan. :/ Wasted money, methinks.

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

    Quote Originally Posted by Le Marteau View Post
    Why don't you all just cut defence spending by about $600 billion? That'd do it. God knows that extra several-hundred-billion-dollars isn't making your troops unkillable in Iraq or Afghanistan. :/ Wasted money, methinks.
    I think the waters surrounding the Horn of Africa offer a cautionary note to the wisdom of defanging the United States.

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

    Quote Originally Posted by Bok_Tukalo View Post
    I think the waters surrounding the Horn of Africa offer a cautionary note to the wisdom of defanging the United States.
    I'm not saying de-fang the US -- just cut the spending. Britain and France are two of the five most powerful nations on Earth -- they can both enforce their military will across the globe, just as the US can, but they've both been able to keep spending at reasonable levels. The US can still have a military presence on the world stage -- they just need to spend smarter.

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

    Quote Originally Posted by Le Marteau View Post
    I'm not saying de-fang the US -- just cut the spending. Britain and France are two of the five most powerful nations on Earth -- they can both enforce their military will across the globe, just as the US can, but they've both been able to keep spending at reasonable levels. The US can still have a military presence on the world stage -- they just need to spend smarter.
    The Brits and the French are certainly capable of exerting military force but their strategic political will is wholly dependent on the United States military aparatus and as far as the rest of the world, little trade occurs without the express written consent of the United States Navy.

    We spend smart. And listening to those who piss and moan about our maintenance of the Western way of life reminds me of the Kipling poem The White Man's Burden (ironically, a call from a Brit for America to get in the game):

    ...

    Take up the White Man's burden--
    And reap his old reward:
    The blame of those ye better,
    The hate of those ye guard--

    ...

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