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Thread: Obama Makes New Budget Sales Pitch; GOP Strikes Back

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    Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Link for complete budget below which includes $4 trillion in spending cuts and $1.5 trillion in tax increases over the next ten years.

    "The president released his proposed budget for fiscal year 2012 which starts Oct. 1, elements of which he has teased us publicly with for weeks.Meanwhile, Republicans did what the opposition party always does, which is bash the White House occupant's budget for the allegedly wrongheaded manner in which it addresses the nation's most pressing concerns.

    With a Maryland middle school serving as a photo op for the president's argument that the nation needs to make in investments in education and other priorities while it attacks the deficit, Obama said his new budget accomplished as much:

    These investments are an essential part of the budget my administration is sending to Congress. Because I'm convinced that if we out-build and out-innovate and out-educate, as well as out-hustle the rest of the world, the jobs and industries of our time will take root here in the United States. Our people will prosper and our country will succeed.
    But I'm also convinced that the only way we can make these investments in our future is if our government starts living within its means, if we start taking responsibility for our deficits.

    That's why, when I was sworn in as President, I pledged to cut the deficit in half by the end of my first term. The budget I'm proposing today meets that pledge -– and puts us on a path to pay for what we spend by the middle of the decade. We do this in part by eliminating waste and cutting whatever spending we can do without."

    Obama Makes New Budget Sales Pitch; GOP Strikes Back : It's All Politics : NPR
    Last edited by Catawba; 02-13-12 at 12:55 PM.
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    So now the offer that he made during the debt ceiling debacle is in writing. One less excuse for the Republicans.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by AdamT View Post
    So now the offer that he made during the debt ceiling debacle is in writing. One less excuse for the Republicans.
    And, I haven't seen any proposals by Congressional Republicans for spending cuts that come anywhere close to $4 trillion over ten years. Romney has even stated he wants to increase spending on the military!
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back



    You can wrangle over the pre-loaded talking points all you want. The spending is still at 3.8T or about 26% of GDP, which is well above historical norms and inadvisable, and a deficit of $846BN still sucks monkey balls.
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Harshaw View Post


    You can wrangle over the pre-loaded talking points all you want. The spending is still at 3.8T or about 26% of GDP, which is well above historical norms and inadvisable, and a deficit of $846BN still sucks monkey balls.
    It took 30 years for the debt to get this big, its not going to be fixed over night. Have you seen any written proposals by the GOP to cut spending more than the $4 trillion over ten years as proposed in the President's budget?
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    If history is any judge, 10 years from now we will have increased taxes by 3 trillion and spending by 12.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    Have you seen any written proposals by the GOP to cut spending more than the $4 trillion over ten years as proposed in the President's budget?
    No we have NOT because Harry Reid is burying them upon receiving them instead of presenting them.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    It took 30 years for the debt to get this big
    There have only been three years of >$1.2T deficits. Prior to that, they've all been under $500BN.

    Spending jumped 33% in a single year and stayed there. These two phenomena are not coincidences.


    its not going to be fixed over night.
    It's not going to be fixed at all.


    Have you seen any written proposals by the GOP to cut spending more than the $4 trillion over ten years as proposed in the President's budget?
    Sure:

    http://www.nytimes.com/2011/04/04/us...s/04spend.html

    But entire idea of "over 10 years" is laughable on its face. This never, ever happens.
    Last edited by Harshaw; 02-13-12 at 02:50 PM. Reason: Corrected for a misread.
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Sparky View Post
    No we have NOT because Harry Reid is burying them upon receiving them instead of presenting them.
    Why would he do that?
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Oh look, its Obama once again trying to peddle cuts spread out over 10 year which largely backload them to 6+ years after they'd go into effect (you know, after he's out of office), go off the assumption that the future things will actually be continued by future congresses/presidents, and is padded by the ending of things that are inevitably going to conclude.

    Wow, I'm thoroughly impressed. No really, bravo.



    The government must live within its means, and by live within its means we mean live within the additional means we take from you that will allow us to perpetuate our spending until such point that I'm no longer in office in which case sure then we can make some decent cuts.

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