Fiscal responsibility at its worst
puremagic
Posts: 1,907
Bush Unveils $3.1 Trillion Spending Plan
By MARTIN CRUTSINGER,
Associated Press
Posted: 2008-02-04 13:37:31
WASHINGTON (AP) - President Bush sent the nation's first-ever $3 trillion budget proposal to Congress on Monday, contending that the spending blueprint will fulfill his chief responsibility to keep America safe.
The $3.1 trillion proposed budget projects sizable increases in national security but forces the rest of government to pinch pennies. It seeks $196 billion in savings over five years in the government's giant health care programs - Medicare and Medicaid.
But even with those restraints, the budget projects the deficits will soar to near-record levels of $410 billion this year and $407 billion in 2009, driven higher in part by efforts to revive the sagging economy with a $145 billion stimulus package. ....
Do we really need to add another $3 trillion dollars to the debt before the next election?
By MARTIN CRUTSINGER,
Associated Press
Posted: 2008-02-04 13:37:31
WASHINGTON (AP) - President Bush sent the nation's first-ever $3 trillion budget proposal to Congress on Monday, contending that the spending blueprint will fulfill his chief responsibility to keep America safe.
The $3.1 trillion proposed budget projects sizable increases in national security but forces the rest of government to pinch pennies. It seeks $196 billion in savings over five years in the government's giant health care programs - Medicare and Medicaid.
But even with those restraints, the budget projects the deficits will soar to near-record levels of $410 billion this year and $407 billion in 2009, driven higher in part by efforts to revive the sagging economy with a $145 billion stimulus package. ....
Do we really need to add another $3 trillion dollars to the debt before the next election?
SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.
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Comments
Imagine how much worse it will be with the dems who just want to raise taxes.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
THIS is FISCAL RESTRAINT???
:rolleyes:
Doesn't make a difference what party wins, at some point taxes are going to have to be raised. We're running out of things to sell, after the Constitution, only thing left is our independence.
do you really not understand? taxes do not need to be raised. spending need to be cut. that is a fact. stop confusing it with NEEDING to raise taxes. that is simply not true.
was like a picture
of a sunny day
“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
― Abraham Lincoln
Why even bother pinching the pennies at this point, since it seems like the chances of this money ever being paid back from the people who loan it out is pretty close to zero. I mean how much of this budget is actually coming from the tax base?
for the least they could possibly do
That was a good line...thanks.
What about finding some things to cut?
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
That's actually true. Your taxes are currently mostly used to pay the interests on the debt, not the debt itself. If you (as an american) want to pay off your debt you'll have to not only cut spending but give in more money.