View Poll Results: Will Senate Democrats put out a Budget?

Voters
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  • Yes

    1 6.67%
  • No - They will adopt the Obama Budget and try to pass it

    2 13.33%
  • No - They will ignore their duty alltogether and hope the story goes away

    8 53.33%
  • No - they will allow multiple factions to put forth budget proposals and let them all fail

    4 26.67%
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Thread: Will Senate Democrats Put Out a Budget?

  1. #21
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    Re: Will Senate Democrats Put Out a Budget?

    The Ryan Plan at current doesn't even claim to balance the budget until 2040. Which is laughable. No one can predict the occurances of the 2030's that will drive that one way or the other.

    It's not "extreme". It is "the most timid form of change possible while still surviving". "Extreme" would entail balancing the budget next year.

  2. #22
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    Re: Will Senate Democrats Put Out a Budget?

    Quote Originally Posted by cpwill
    The Ryan Plan at current doesn't even claim to balance the budget until 2040. Which is laughable.
    The laughable part is anyone who believes the budget will ever be balanced again. I truly believe it won't be. I'm just looking to knock off a couple zeroes at the end. To me, that is absolute best-case scenario.

  3. #23
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    Re: Will Senate Democrats Put Out a Budget?

    Oh, I don't know. I tend to suspect that, absent any change, the budget will indeed by be balanced.... just not in ways that we may appreciate.

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    Re: Will Senate Democrats Put Out a Budget?

    The answer is option #3. The dems have no intention of reducing the debt, they want to increase it. So Harry Reid will just ignore the issue knowing the press wont push him on it, and just run against anything the republicans propose. They want power, not solutions.

  5. #25
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    Re: Will Senate Democrats Put Out a Budget?

    Quote Originally Posted by cpwill View Post
    The Ryan Plan at current doesn't even claim to balance the budget until 2040. Which is laughable. No one can predict the occurances of the 2030's that will drive that one way or the other.

    It's not "extreme". It is "the most timid form of change possible while still surviving". "Extreme" would entail balancing the budget next year.
    The extrreme part of the Ryan budget is the tax increases on the middle class which don't even reduce the deficit because of the TAX CUTS on the wealthy and corporations. No to mention the Voucher system that eliminates the Medicare garantee.

    The new Ryan budget is a remarkable document—one that, for most of the past half-century, would have been outside the bounds of mainstream discussion due to its extreme nature. In essence, this budget is Robin Hood in reverse—on steroids. It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation's history).
    Paul Ryan Budget Won't Solve Deficit Crisis - Economic Intelligence (usnews.com)

  6. #26
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    Re: Will Senate Democrats Put Out a Budget?

    Quote Originally Posted by iguanaman View Post
    The extrreme part of the Ryan budget is the tax increases on the middle class which don't even reduce the deficit because of the TAX CUTS on the wealthy and corporations. No to mention the Voucher system that eliminates the Medicare garantee.
    1. Tax alterations are revenue neutral across brackets. You fail here because you focus on nominal rates for upper income earners or corporations, but effective rates for middle and lower income earners - comparing apples to oranges. the pro-growth savings here aren't in the form of decreased collection, but of decreased complexity costs.

    2. One of the options in Medicare Reform is the exact same fee for service model that we currently have. Certainly it doesn't eliminate the "medicare guarantee", and certainly it doesn't do so off of current law, which does.

    3. And it is indeed quite possible that, even if it were to pass, the Ryan Plan would not forestall the coming fiscal crises - it is more than merely a possibility that it is too little, too late. but that is not a function of extremism, but rather of it's need to remain within the bounds of the "politically possible". what a ridiculous phrase. as though the notion that something is "politically impossible" will make a nonce's worth of difference once you have no alternative.
    Last edited by cpwill; 03-24-12 at 12:27 PM.

  7. #27
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    Re: Will Senate Democrats Put Out a Budget?

    There won't be one. It's an election year, hello?

    In fact, I am positively shocked that there's anything from the Republicans. Why do they want to take a position that their opponents can pull apart?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  8. #28
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    Re: Will Senate Democrats Put Out a Budget?

    Quote Originally Posted by cpwill View Post
    1. Tax alterations are revenue neutral across brackets. You fail here because you focus on nominal rates for upper income earners or corporations, but effective rates for middle and lower income earners - comparing apples to oranges. the pro-growth savings here aren't in the form of decreased collection, but of decreased complexity costs.

    2. One of the options in Medicare Reform is the exact same fee for service model that we currently have. Certainly it doesn't eliminate the "medicare guarantee", and certainly it doesn't do so off of current law, which does.

    3. And it is indeed quite possible that, even if it were to pass, the Ryan Plan would not forestall the coming fiscal crises - it is more than merely a possibility that it is too little, too late. but that is not a function of extremism, but rather of it's need to remain within the bounds of the "politically possible". what a ridiculous phrase. as though the notion that something is "politically impossible" will make a nonce's worth of difference once you have no alternative.
    How can the plan be revenue neutral but include massive tax cuts for the rich and Corporations? Where do you think the revenue lost will be made up? The plan hides any mention of it.

    Hidden in the document released today by House Budget Committee chairman Paul Ryan (R-WI) is a proposal to cut taxes for the wealthy and raise taxes for the middle class. Nowhere in the document does it spell that out. But it’s a matter of simple math. Any tax plan that purports to hold revenues steady while massively cutting taxes for the rich must make up the lost revenue by raising taxes on people who are not rich.

    The House Republican budget hides this truth by refusing to disclose who will pay what rates or detailing what will happen to the tax provisions that middle-class Americans rely on—from the tax exclusion for employee health benefits to the mortgage and charitable deductions to the tax credits for parents and working families. Rep Ryan’s document is even vague on whether basic features of the tax system, like personal exemptions and the standard deduction, would be altered—though to make his plan add up these features might have to be on the table as well. At the same time, the House budget plan is very clear on the fact that it protects the biggest tax breaks for the rich.

    While key details of the plan are deliberately hidden from public view, the thrust of the proposal is clear: It proposes an enormous, fiscally irresponsible tax cut for the rich—a bigger giveaway than former president George W. Bush ever dared to propose. For middle-class families, on the other hand, the House budget outline would raise taxes at the same time it cuts government investments and services on which most Americans rely.

    The result would be a massive tax shift from the wealthy to the middle class, accelerating the income inequality that plagues our economy.
    Ryan?s Secret Plan to Shift the Tax Burden Onto the Middle Class

  9. #29
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    Quote Originally Posted by rocket88 View Post
    There won't be one. It's an election year, hello?

    In fact, I am positively shocked that there's anything from the Republicans. Why do they want to take a position that their opponents can pull apart?
    Surely SOMETHING to be said about actually doing the job you were elected to do though...right? And since the dens couldn't be bothered to pass a budget when they controlled the house senate AND whitejouse, blaming this on republicans in the house today is kinda idiotic. Pelosis house could t do it and Reeds senate never has. The GOP held house has passed budgets. They just never clear the senate.

    That's not to say both parties aren't incompetent and haven't contributed to the ever expanding debt hole. You may hate Ryan's plans...but do you hate your grand children more? That's who is going to be stuck with the responsibility for today's inaction.

  10. #30
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    Re: Will Senate Democrats Put Out a Budget?

    Quote Originally Posted by rocket88 View Post
    In fact, I am positively shocked that there's anything from the Republicans. Why do they want to take a position that their opponents can pull apart?
    because we are facing a fiscal crisis of historic proportions?

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