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Obama aide: Debt limit fight could be "catastrophic"

randel said:
doesnt matter...defense has been a traditional republican sacred cow, where republicans tend to get alot of campaign contributions from....everything will have to have the axe put to it, or nothing....
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Libs like you are going to have to learn that you no longer call those shots.


j-mac
 
j-mac said:
Libs like you are going to have to learn that you no longer call those shots.


j-mac
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lib like me???lol.....go ahead and try and cut medicare without political cover...the repubs will be out of power quicker than you think when millions of pissed off seniors show up to vote.
 
randel said:
the issue is bigger than unions, j...if you think that the repubs are going to force through a bunch of cuts just on democratic sacred cows, you are seriously mistaken.....the repubs arent going to screw with medicare by themselves, that is quite simply, political suicide.....like i said, if we as a country are suddenly going to get serious about cutting the deficit/debt, and having a balanced budget, cuts will come from both sides, and will be roughly equal....your not going to cut 250 bill out of democratic favorites and only a couple bill out of republican favs...aint gonna happen, mark my words.
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The Left won't agree to any spending cuts. The Left is incapable of good faith. The country's current trajectory into the ground is just fine. Collapse works for me.
 
Albert Di Salvo said:
The Left won't agree to any spending cuts. The Left is incapable of good faith. The country's current trajectory into the ground is just fine. Collapse works for me.
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sorry you feel that way, perhaps you should leave?
 
Albert Di Salvo said:
The Left won't agree to any spending cuts. The Left is incapable of good faith. The country's current trajectory into the ground is just fine. Collapse works for me.
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I see we have another devoted Fox News sheep... I mean fan.
 
The debt ceiling is not the budget. The debt ceiling reflects a congressional authorization for our government to meet existing obligations. Failure to raise the limit is in effect to force the United States of America to default on its obligations and will sink the world into fiscal crisis. Congressmen who want to control spending should focus on the budget.
 
hazlnut said:
I see we have another devoted Fox News sheep... I mean fan.
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I watch Hard Ball to see how far a once decent man has fallen.

I watch Rachel Maddow because she is charming in her error, and I really like her.

I watch Morning Joe because Mika Brzezinski is Joe's dominatrix.

Aren't you an actor?
 
Captain America said:
Reminds me of the days when Clinton was trying cut back and was fought on it every inch of the way by the same people who now think it's a good idea. Better late than never I suppose.

I really don't expect the debt to get cut. I just expect it to get shifted to republican interests where the rich get richer and the poor gets poorer.

Business as usual in D.C. Can't wait for fishing season to start up again.
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So let me get this straight, you believe Bill Clinton submitted budgets LESS than the Republican Congress wanted? Proof please because the facts are different, the GOP Congress submitted budgets less than Clinton wanted.
 
randel said:
lib like me???lol.....go ahead and try and cut medicare without political cover...the repubs will be out of power quicker than you think when millions of pissed off seniors show up to vote.
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Better to have some pissed off with some cuts, than loose the program all together when it goes belly up.

j-mac
 
MrVicchio said:
So, the real problem is the sacred cows being too costly, economically. But to "touch them" is politically too expensive. So what you're saying is, we're ****ed either way. You do realize that Social Spending far outstrips defense don't you?
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Of course Randel doesn't realize that as I doubt Randel or anyone else pays any attention to the budget so here again are the expense items. Notice the part that would be classified as social spending and then notice the defense budget. Shines a different light on the situation.

2010 budget numbers, this is Obama's budget. Note the credit in Commerce which is an accounting change due to cash for clunkers and first time home owner credits.

Expenses

Defense 696.1
International Affairs 45.2
Gen. Science, Space 30.9
Energy 11.5
Natural resources/env 41.6
Agriculture 23.2
Commerce -82.9
Transportation 92.5
Community Dev 24.5
Education/Train/Social 125.1
Health 369
Medicare 451.6
Income Security 624
Social Security 706.7
Veterans Benefits 108.4
Justice 55.2
General Govt. 18.1
Net Interest 196.9


Total 3537.6
 
Chappy said:
Trying to extract concessions from the president over passage of the debt ceiling increase is equivalent to holding the American people hostage and threatening to blow a hole in their heads unless your demands are met. Who's the real threat to American prosperity in this picture?
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Sounds like a typical liberal, just print more money? Have you ever taken an economics or finance course? Seems you lack the basic understanding as to the role of the Federal Govt. You need to get out of San Francisco and see how the real world works.
 
Conservative said:
Of course Randel doesn't realize that as I doubt Randel or anyone else pays any attention to the budget so here again are the expense items. Notice the part that would be classified as social spending and then notice the defense budget. Shines a different light on the situation.

2010 budget numbers, this is Obama's budget. Note the credit in Commerce which is an accounting change due to cash for clunkers and first time home owner credits.

Expenses

Defense 696.1
International Affairs 45.2
Gen. Science, Space 30.9
Energy 11.5
Natural resources/env 41.6
Agriculture 23.2
Commerce -82.9
Transportation 92.5
Community Dev 24.5
Education/Train/Social 125.1
Health 369
Medicare 451.6
Income Security 624
Social Security 706.7
Veterans Benefits 108.4
Justice 55.2
General Govt. 18.1
Net Interest 196.9


Total 3537.6
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i realize alot more than you give me credit for ....and just like i said, if we as a country are going to get serious about the deficit/debt, no program will be safe....you just want to belive that you can hack chunks out of just one sides favorite things, and do it without reprecussions...sorry chief, aint gonna happen
 
Conservative said:
Sounds like a typical liberal, just print more money? Have you ever taken an economics or finance course? Seems you lack the basic understanding as to the role of the Federal Govt. You need to get out of San Francisco and see how the real world works.
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do you have any clue what happens if we default on our obligations? apparently not. perhaps you are the one who should take that economics course.
 
randel said:
i realize alot more than you give me credit for ....and just like i said, if we as a country are going to get serious about the deficit/debt, no program will be safe....you just want to belive that you can hack chunks out of just one sides favorite things, and do it without reprecussions...sorry chief, aint gonna happen
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As I pointed out above and if you do the math over 60% of the budget is entitlement spending on programs you seem to believe are necessary and have kept millions of Americans dependent on liberalism. That leaves 40% of the budget to cut. So based upon the line items tell me where you would cut? Add up those cuts and see how much you have left?
 
randel said:
do you have any clue what happens if we default on our obligations? apparently not. perhaps you are the one who should take that economics course.
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I have a complete understanding of what happens when we default, do you have any understanding of what happens when debt exceeds our GDP? Until you get spending under control and a plan in place, no increase in the debt ceiling should be authorized. It is time to get our fiscal house back in order. Put the cuts in place and the debt ceiling will take care of itself. Politicians don't have the guts to do what is necessary and again the American people pay the price.

Need more political leaders like this

http://www.youtube.com/watch?v=xziRa6lLTpg&feature=player_embedded
 
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Members of Congress threatening to vote against raising the debt ceiling are behaving like children. First of all, their sudden concern for the deficit would be a lot more believable if they didn't just vote for a massive tax cut less than two weeks ago. Sure, some people want low taxes/spending and others want high taxes/spending. I understand that. But let's not pretend like the people who voted for a tax cut before any spending cuts have passed - when we already have a massive deficit - are the slightest bit concerned about it. They're just concerned about making Obama look bad.

Fortunately, John Boehner seems to be acting like a responsible adult. Enough Republicans will vote to raise the debt ceiling that it will pass.
 
Conservative said:
As I pointed out above and if you do the math over 60% of the budget is entitlement spending on programs you seem to believe are necessary and have kept millions of Americans dependent on liberalism. That leaves 40% of the budget to cut. So based upon the line items tell me where you would cut? Add up those cuts and see how much you have left?
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doesnt matter what you pointed out, either both sides have skin in the game, or cutting the debt/deficit is never going to happen....you reduce everything to liberal/conservative and what is best in your worldview, you need to start thinking what is best for America, and not what is best for you and republicans. you can go to the other side of the aisle, and say we are going to cut medicare, this program, that program, and the other program, and if i were on that side of the aisle, i would say really, and what exactly are you giving up? and if you told me you would give up nothing, as all your stuff was 'important' , i'd tell you to go screw yourself, aint gonna happen, and i'd be right, because you don't have the votes. you had better damn well have significant cuts for your favorite programs , equal to what you want to cut from mine, if you want to work together...otherwise, you would be wasting your time.
 
Conservative said:
I have a complete understanding of what happens when we default, do you have any understanding of what happens when debt exceeds our GDP? Until you get spending under control and a plan in place, no increase in the debt ceiling should be authorized. It is time to get our fiscal house back in order. Put the cuts in place and the debt ceiling will take care of itself. Politicians don't have the guts to do what is necessary and again the American people pay the price.

Need more political leaders like this

http://www.youtube.com/watch?v=xziRa6lLTpg&feature=player_embedded
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i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.
 
randel said:
i realize alot more than you give me credit for ....and just like i said, if we as a country are going to get serious about the deficit/debt, no program will be safe....you just want to belive that you can hack chunks out of just one sides favorite things, and do it without reprecussions...sorry chief, aint gonna happen
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So, at a time when we have threats to our own soil, and citizenery, and fighting two wars, plus going down in flames due to the insane increasing of budgets of not only this administration, but the previous one as well, and the one before that, your only answer is that we must cut defense first? And you wonder why it is that people call suggestions like this precursers of liberals wanting to destroy this country?

Good God man.....Were'nt you telling us a mere 24 months ago that you were a conservative?


j-mac
 
randel said:
i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.
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When he was a senator Obama voted against raising the debt ceiling didn't he?
 
Kandahar said:
Members of Congress threatening to vote against raising the debt ceiling are behaving like children. First of all, their sudden concern for the deficit would be a lot more believable if they didn't just vote for a massive tax cut less than two weeks ago. Sure, some people want low taxes/spending and others want high taxes/spending. I understand that. But let's not pretend like the people who voted for a tax cut before any spending cuts have passed - when we already have a massive deficit - are the slightest bit concerned about it. They're just concerned about making Obama look bad.

Fortunately, John Boehner seems to be acting like a responsible adult. Enough Republicans will vote to raise the debt ceiling that it will pass.
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And the unsustainable path we are on will continue. Republicans could have been the ones who stood up and said no to this, but no, they keep it going.

This country is in need of a major surgical procedure we can ironically call "cuts." You can put them off for a little while, but you have to do the surgery or we will die as a nation. I'd rather the surgery sooner rather than later, but it seems that according to the left, it's "acting like an adult" to continue to put off this surgery. Well if that's the case, i'm proud to be childish.
 
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j-mac said:
So, at a time when we have threats to our own soil, and citizenery, and fighting two wars, plus going down in flames due to the insane increasing of budgets of not only this administration, but the previous one as well, and the one before that, your only answer is that we must cut defense first? And you wonder why it is that people call suggestions like this precursers of liberals wanting to destroy this country?

Good God man.....Were'nt you telling us a mere 24 months ago that you were a conservative?


j-mac
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cherrypick much? perhaps you should read through the entire thread, i believe i've mentioned both sides having skin in the game....you and conservative are twins, you think that all the cuts are going to come from the 'liberal' side...aint gonna happen.
 
randel said:
i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.
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The left won't act in good faith. Nothing will be done to cut spending. There will simply be an endless set of continuing resolutions.
 
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