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Thread: GOP 2012 budget to make $4 trillion-plus in cuts

  1. #21
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    Re: GOP 2012 budget to make $4 trillion-plus in cuts

    US Republican budget plan would cut $5.8 trln in 10 yrs

    Reuters) - A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.

    The plan, which would take effect when the next fiscal year starts on Oct. 1, is expected to propose sweeping changes to the Medicare and Medicaid health programs, as well as hard caps on government spending and tax cuts....

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    US Republican budget plan would cut $5.8 trln in 10 yrs

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    WASHINGTON, April 4 | Mon Apr 4, 2011 9:23pm EDT
    WASHINGTON, April 4 (Reuters) - A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.
    The plan, which would take effect when the next fiscal year starts on Oct. 1, is expected to propose sweeping changes to the Medicare and Medicaid health programs, as well as hard caps on government spending and tax cuts. (Reporting by Andy Sullivan; editing by Eric Beech)
    All I can say is, Wow!
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    ...It also calls for reforms to the nation's "outdated tax code, consolidating brackets, lowering tax rates, and assuming top individual and corporate rates of 25 percent," Ryan wrote. "It maintains a revenue-neutral approach by clearing out a burdensome tangle of deductions and loopholes that distort economic activity and leave some corporations paying no income taxes at all."...
    yes yes and YES.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Rep. Paul Ryan’s proposal, set to be unveiled Tuesday, will serve as the Republican’s official response to President Obama’s proposed $3.7 trillion budget for 2012. The White House claims its plan would cut deficits by $1.1 trillion over a decade.

    But Ryan, R-Wis., in an interview with "Fox News Sunday," accused Obama of "punting" and said Republicans' plan would exceed the fiscal goals set by the president's fiscal commission -- which issued a report calling for $4 trillion in cuts. That report never made it out of committee.

    "We can't keep kicking this can down the road," Ryan said. "The president has punted. We're not going to follow suit."
    And he's absolutely right.



    A video he made about it.

    It's ambitious, and I'd need to see alot of the specifics, but the fact is, is that the presidents long term fiscal plan is pathetic, and this may just be the answer, but I'll warn you. Such a deep cut, really fast could have negative consequences and shock the system, but it might just be whats needed.

    Again it's ambitious.

    And for political expediency we may see Democrats jumping ship to support such a measure if it proves popular...

    Obama be sayin... Et Tu Brute?

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Cpwill, thanks for that quoted text. Its funny that in another thread talking about this one individual was whining about how we're giving cuts to those mean old horrible corporations and that the Republicans want to cut old peoples money while allowing Corporations to pay nothing....while in reality part of thise whole thing is actually taking out said loopholes.

    I'm anxious to see what this looks like. The sad fact is we're going to have to make some deep cuts and go through a rough patch of it; we're going to HAVE to make tough choices that many people aren't going to like because it cuts "their" thing. But we can't keep going the way we're going and I'm glad we may see someone with actual real leadership stepping up and going "I know this is hard, but it must be done". I truly hope we see cuts across the board in this, including in Defense. I'm anxiously awaiting hte full proposal

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by Jetboogieman View Post
    And he's absolutely right.



    A video he made about it.

    It's ambitious, and I'd need to see alot of the specifics, but the fact is, is that the presidents long term fiscal plan is pathetic, and this may just be the answer, but I'll warn you. Such a deep cut, really fast could have negative consequences and shock the system, but it might just be whats needed.

    Again it's ambitious.

    And for political expediency we may see Democrats jumping ship to support such a measure if it proves popular...

    Obama be sayin... Et Tu Brute?
    I'm sure most everyone will jump on board if it shows itself to be realistic and doable. But I'm with you, that's a very ambitious number. I will wait to see the details before getting too excited. Promises made and promises met often are not the same.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Up to now, there is a lack of liberal response to this.

    Looks like the GOP came through on it's promises and a real budget cut is in the works which will make the left look really bad because they couldn't do it.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by Jetboogieman View Post
    And he's absolutely right.



    A video he made about it.

    It's ambitious, and I'd need to see alot of the specifics, but the fact is, is that the presidents long term fiscal plan is pathetic, and this may just be the answer, but I'll warn you. Such a deep cut, really fast could have negative consequences and shock the system, but it might just be whats needed.

    Again it's ambitious.

    And for political expediency we may see Democrats jumping ship to support such a measure if it proves popular...

    Obama be sayin... Et Tu Brute?
    I agree, but we've reached that point where ambitious might not be so much an option, but a mandatory step.

    Of course - and we certainly don't need to go in to something like this already looking for a trap door - but if modifications are truly NEEDED, you can adjust on the fly to a degree. But it has to truly be necessary, not the whim of our drunken Congress.

    There are five-year-olds in kindergarten that we owe this action.

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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by dontworrybehappy View Post
    Up to now, there is a lack of liberal response to this.

    Looks like the GOP came through on it's promises and a real budget cut is in the works which will make the left look really bad because they couldn't do it.
    As soon as they unveil the program, the left will be cryin' for the chilllllldrennnnnn!!!!! They're just waiting for the bullseye to go up.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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