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

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

Jetboogieman said:
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?
Click to expand...


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

Jetboogieman said:
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?
Click to expand...


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

dontworrybehappy said:
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.
Click to expand...

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

MaggieD said:
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.
Click to expand...

Ain't gonna work this time.
 
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!
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Chappy said:
Eliminate Medicare? Shift costs to the elderly and the poor?
Click to expand...

reading comprehension isn't your strong point, is it.

sweeping changes to the Medicare and Medicaid health programs
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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.
Click to expand...
 
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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.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Whovian said:
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.
Click to expand...

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

MaggieD said:
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.
Click to expand...

If they really cared about the children they'd be leading this budget cut instead of fighting it.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Chappy said:

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!
Click to expand...

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

Jetboogieman said:
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?
Click to expand...


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

American said:
Actually I think if the private sector believes this will happen, you'll see the stock market go up.
Click to expand...

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

Jetboogieman said:
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.
Click to expand...

The market doesn't need to go up as much as it needs to firm up.

No one believes in it right now, whatever it does. It's like a craps table right now with a bunch of drunken bettors at 2 a.m.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

dontworrybehappy said:
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.
Click to expand...

Exactly and what is also good about it the GOP is doing their job of actually proposing a budget for 2012 after the Democrats shirked their responsibility for no presenting one for 2011. In addition Republicans are attacking the debt head on and "not kicking the can down the road" as previous Republicans have done and Democrats continue to do. Let the whining begin from the left and the dependent class.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Chappy said:

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!
Click to expand...

Typical liberal response based upon emotion and total lack of understanding on your part of what is being proposed. Suggest you read the debt commission report instead of making wild accusations on something you don't understand.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Jetboogieman said:
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.
Click to expand...

There is a reason the stock market is up where it is today and it has everything to do with the Feds pumping money into it and purchasing U.S. Treasuries. It is artificial and destined for a major fall.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

MaggieD said:
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.
Click to expand...

Here's Ryan's response

The Coming Budget War: Barack Obama Vs. Paul Ryan - Yahoo! News
[QUOTE]“We are giving [Democrats] a political weapon against us, but look, they’re going to have to lie and demagogue,” Ryan admits. “Shame on them if they do that.”“We need to engage with the American people on a fact-based budget, on stopping politicians from making empty promises to people and talk to the country about what is necessary to fix these problems,” he tells Fox.
How the entrenched powers in both parties respond to his plan will tell the tale: Is Paul Ryan the last honest broker in Washington? [/QUOTE]
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Conservative said:
There is a reason the stock market is up where it is today and it has everything to do with the Feds pumping money into it and purchasing U.S. Treasuries. It is artificial and destined for a major fall.
Click to expand...

Something we can agree on.
 
cpwill said:
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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Interesting. I wonder if that means they plan to cut back Medicare reimbursements to the point that doctors won't accept Medicare patients? How can they justify tax cuts as a part of the plan to balance the budget ? Is this for real, or just another example of political gamesmanship? Stay tuned, folks, it's not over yet.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

tlmorg02 said:
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.
Click to expand...

Actually raising out of pocket expenses on Medicare recipients should help bend the cost curve.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Harry Guerrilla said:
Actually raising out of pocket expenses on Medicare recipients should help bend the cost curve.
Click to expand...

Increasing routine payments, such as visit copays tends to work rather well according to data I have seen.
 
Re: US Republican budget plan would cut $5.8 trln in 10 yrs

Conservative said:
There is a reason the stock market is up where it is today and it has everything to do with the Feds pumping money into it and purchasing U.S. Treasuries. It is artificial and destined for a major fall.
Click to expand...

Don't forget Bush tax cuts remained in place.
 
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