Fiscal responsibility at its worst

Posts: 1,907
edited February 2008 in A Moving Train
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?
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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  • Posts: 6,801
    puremagic wrote:
    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?

    Imagine how much worse it will be with the dems who just want to raise taxes.
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • Posts: 9,404
    aparently they are just really good at naming things...

    THIS is FISCAL RESTRAINT???
    My Girlfriend said to me..."How many guitars do you need?" and I replied...."How many pairs of shoes do you need?" She got really quiet.
  • Posts: 3,527
    hey ... military spending will be up again!! ... woohoo!

    :rolleyes:
  • Posts: 1,907
    know1 wrote:
    Imagine how much worse it will be with the dems who just want to raise taxes.


    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.
    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.
  • Posts: 10,118
    puremagic wrote:
    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.
  • Posts: 5,889
    George Bush has been spending other people's money his whole life, that's pretty much all that he is good at.
    My whole life
    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
  • Posts: 1,952
    puremagic wrote:

    The $3.1 trillion proposed budget projects sizable increases in national security but forces the rest of government to pinch pennies.

    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?
  • Posts: 7,762
    I think the title of this post should be fiscal "irresponsibility" at its worst. just sayin' ...
    everybody wants the most they can possibly get
    for the least they could possibly do
  • Posts: 16,898
    blackredyellow wrote:
    George Bush has been spending other people's money his whole life, that's pretty much all that he is good at.


    That was a good line...thanks. :)
    hippiemom = goodness
  • Posts: 6,801
    puremagic wrote:
    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.

    What about finding some things to cut?
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • Posts: 1,146
    jlew24asu wrote:
    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.

    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.

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