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

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

    Quote Originally Posted by MaggieD View Post
    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.
    Ain't gonna work this time.

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


    Eliminate Medicare? Shift costs to the elderly and the poor? Most of the savings come after a decade? You have to admire politicians determined to drink this kool-aid. Bottoms up!
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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by Chappy View Post
    Eliminate Medicare? Shift costs to the elderly and the poor?
    reading comprehension isn't your strong point, is it.

    sweeping changes to the Medicare and Medicaid health programs
    For Medicare, he said the GOP proposal will be modeled after the "premium support" system outlined in an earlier proposal co-authored by him and former White House Budget Director Alice Rivlin. Such a proposal would provide a fixed amount of government assistance toward premiums in the health plan of seniors' choosing. The Ryan-Rivlin plan would call for seniors to pay more for smaller expenses but put a cap on what they could pay out-of-pocket.
    Last edited by Whovian; 04-05-11 at 11:41 AM.

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

    I am anxiously awaiting this plans release. It needs to be done and if it is what it claims to be then I am all for it. However, if it proves to be a GOP attempt to wipe-out every program they have always hated, which under discreationary funding is very little in comparison to entitlements, then I will oppose. We can keep much of the discreationary programs while slashing simply defense and entitlements and still balance the budget.

    So, I am hopeful this will be a viable bill that gets to the debt issue and not more stupid pandering legislation that looks to take-out the evil NPR/PBS.

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

    Quote Originally Posted by Whovian View Post
    For Medicare, he said the GOP proposal will be modeled after the "premium support" system outlined in an earlier proposal co-authored by him and former White House Budget Director Alice Rivlin. Such a proposal would provide a fixed amount of government assistance toward premiums in the health plan of seniors' choosing. The Ryan-Rivlin plan would call for seniors to pay more for smaller expenses but put a cap on what they could pay out-of-pocket.
    This sounds excellent! I believe the current Medicare deductible is $225. Why not make it progressive? Over "X $" higher deductible; over "XX $" even higher deductible. Someone making $100,000 in their retirement (or having total assets over "X $) can surely afford a $2,000 deductible for their Medicare. We'd save billions. I'd say we're on the right track. Such good news.
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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by MaggieD View Post
    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.
    If they really cared about the children they'd be leading this budget cut instead of fighting it.

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

    Quote Originally Posted by Chappy View Post

    Eliminate Medicare? Shift costs to the elderly and the poor? Most of the savings come after a decade? You have to admire politicians determined to drink this kool-aid. Bottoms up!
    You're right, Maggie. It's already started. Oh, the elderly! Oh, the children! Oh, the poor!

    Yo, Chappy, that's how we got into this mess, giving away stuff for votes.

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

    So far, the main issue I see with the plan is that there is really nothing in it that will help reduce or at least control healthcare costs. It simply cuts the governments costs, while assuming that the market will cause insurance costs to go down. This never works, what is needed is something to prevent the waste in the medical system that causes costs to continuously rise.

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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?
    Actually I think if the private sector believes this will happen, you'll see the stock market go up.
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    Re: US Republican budget plan would cut $5.8 trln in 10 yrs

    Quote Originally Posted by American View Post
    Actually I think if the private sector believes this will happen, you'll see the stock market go up.
    The stock market is in some imaginary world right now.

    In case you haven't noticed, the stock market has been creeping up and up despite all calls to the contrary because it's being propped up by the Feds.

    I don't count the stock market as the "system" although it is a component.

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