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07-26-2008, 01:29 AM
|  | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | | McCain on balancing the Budget
Quote: McCain promises to balance budget
Sen. John McCain (R-Ariz.) plans to promise on Monday that he will balance the federal budget by the end of his first term by curbing wasteful spending and overhauling entitlement programs, including Social Security, his advisers told Politico.
The vow to take on Social Security puts McCain in a political danger zone that thwarted President Bush after he named it the top domestic priority of his second term.
McCain is making the pledge at the beginning of a week when both presidential candidates plan to devote their events to the economy, the top issue in poll after poll as voters struggle to keep their jobs and fill their gas tanks.
“In the long-term, the only way to keep the budget balanced is successful reform of the large spending pressures in Social Security, Medicare, and Medicaid,” the McCain campaign says in a policy paper to be released Monday.
“The McCain administration would reserve all savings from victory in the Iraq and Afghanistan operations in the fight against Islamic extremists for reducing the deficit. Since all their costs were financed with deficit spending, all their savings must go to deficit reduction.”
The pledge is a return to an earlier position he'd later backed away from. On April 15, McCain backed off a February pledge to balance the budget in his first term when asked about it by Michael Cooper of The New York Times, who reported that McCain said “at a news conference … that ‘economic conditions are reversed’ and that he would have a balanced budget within eight years.”
| Quote:
Jason Furman, Obama's economic policy director, called McCain's pledge “preposterous." Furman pointed out that the Congressional Budget Office now estimates a 2013 deficit of $443 billion, assuming the Bush tax cuts are extended. And he estimated that McCain would have to cut discretionary spending—including defense—by roughly one-third to bring the budget into the black by then.
"McCain would have to pay for all of his new tax cuts and other proposals and then, on top of that, cut an additional $443 billion from the budget—which is 81 percent of Medicare spending or 78 percent of all discretionary spending outside of defense," Furman said.
| Quote:
McCain’s emphasis on balancing the budget is likely to excite conservatives, who have remained skeptical of his candidacy, and provoke derision from Democrats, who will argue that it’s a warmed-over version of proposals that President Bush failed to enact.
The budget was in surplus when Bush took office but now is deeply in the red—$410 billion, the White House projects, blaming the demands of war and homeland security.
| Full story: McCain promises to balance budget - Mike Allen - Politico.com
At least he is talking about balancing the budget!!!!
IMO the most important Issue of the Day. We can not continue to run deficits and grow our outrageous Debt anymore!!
If he keeps talking like this I may have to rethink my vote, me thinks. 
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
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07-26-2008, 01:36 AM
|  | The Wrath of God | | Join Date: Jul 2008 Location: Montrealgrad, Quebekistan SSR.
Posts: 636
Rep Power: 4 | | | By "reforming Social Security, Medicare, and Medicaid" does he mean cut social spending?
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"I will continue to be an impossible man as long as those men who are possible today remain possible." - Bakunin, letter to Ogarev.
"The ultimate aim of production is not production of goods, but the production of free human beings associated with one another on terms of equality." - John Dewey. |
07-26-2008, 01:41 AM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by Epsilon Delta  By "reforming Social Security, Medicare, and Medicaid" does he mean cut social spending? | He means to reform them!
I suggest you read the whole link, and then go to McCains web site and read about his Goals to Cut pork barrel spending, and earmarks. As well as to use the money saved from the winding down of the war in Iraq, to begin reducing the Deficit, and eventually paying down the Debt.
I sure do not like everything about McCain, but I like the Idea of someone talking about balancing the Budget. Our Debt is what is KILLING the DOLLAR and KILLING US.
Do you hear Obama talking about this stuff? ending Deficit spending, and Balancing he budget is not going to be painless you know! Cuts must be made. Both in military and discretionary spending.
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson
Last edited by Charles_Main; 07-26-2008 at 01:52 AM.
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07-26-2008, 02:17 AM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Now if he would just take a tougher stance on Illegals, and border control  , and stop talking about BULLSHIT carbon taxes  , I would fall in love! 
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
07-26-2008, 09:12 AM
|  | I used to be cool | | Join Date: May 2007
Posts: 4,293
Rep Power: 106 | | Quote:
Originally Posted by Charles_Main Full story: McCain promises to balance budget - Mike Allen - Politico.com
At least he is talking about balancing the budget!!!!
IMO the most important Issue of the Day. We can not continue to run deficits and grow our outrageous Debt anymore!!
If he keeps talking like this I may have to rethink my vote, me thinks. | LOL, are you kidding? A politician makes a promise, and you are falling for it that easily? How much of McCain's rhetoric over the years has matched his record?
When was the last time a politician came through on SS, btw?
__________________
"If you analyze it I believe the very heart and soul of conservatism is libertarianism. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is."
-Ronald Reagan |
07-26-2008, 12:08 PM
|  | Baller Deluxe | | Join Date: Jul 2006 Location: Charleston, SC
Posts: 1,842
Rep Power: 34 | | Quote:
Originally Posted by Charles_Main If he keeps talking like this I may have to rethink my vote, me thinks. | I seriously don't see how anyone could confuse you with anything other than a partisan hack for McCain.
__________________ Nomdeplume-"you are just upset because I fuck all you lefties up the ass without lube."  |
07-26-2008, 01:31 PM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by Paulitics LOL, are you kidding? A politician makes a promise, and you are falling for it that easily? How much of McCain's rhetoric over the years has matched his record?
When was the last time a politician came through on SS, btw? | You mean like how you fools are falling for all the things Obama says??
Please! 
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
07-26-2008, 01:32 PM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by CharlestonChad I seriously don't see how anyone could confuse you with anything other than a partisan hack for McCain. | Yes yes, this from a Liberal Democrat Partisan hack, with one are you, the pot or the kettle?
Yes, I am partisan. I am partisan toward ending deficit spending, and balancing our budget, and I only see one guy talking about that.
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
07-26-2008, 02:19 PM
| | Baller Deluxe | | Join Date: Jul 2006 Location: Charleston, SC
Posts: 1,842
Rep Power: 34 | | Quote:
Originally Posted by Charles_Main Yes yes, this from a Liberal Democrat Partisan hack, with one are you, the pot or the kettle?
Yes, I am partisan. I am partisan toward ending deficit spending, and balancing our budget, and I only see one guy talking about that. | I'm a liberal, not a democrat. You should know better since you are apparently a conservative, and not a republican, according to you.
You gobble up what mccain has spoon fed you. He'll get your vote, no doubt about that. You won't throw your vote away with barr. That much is clear. So I suggest you stop your front of being an individual. You spend hours everyday insulting Obama, instead of telling us why Barr or McCain would be good presidents. McCain's economic plan is about as hollow as Obama's Hope for Change campaign slogan.
Find us one or more examples where McCain has shown to be ANY different economically than the bush admin! Then we'll talk about how you're not partisan.
__________________ Nomdeplume-"you are just upset because I fuck all you lefties up the ass without lube." |
07-26-2008, 02:20 PM
| | Baller Deluxe | | Join Date: Jul 2006 Location: Charleston, SC
Posts: 1,842
Rep Power: 34 | | Quote:
Originally Posted by Charles_Main You mean like how you fools are falling for all the things Obama says??
Please! | And this somehow shows that you didn't fall for Mccain's rhetoric?
__________________ Nomdeplume-"you are just upset because I fuck all you lefties up the ass without lube." |
07-27-2008, 12:57 PM
| | Registered User | | Join Date: Jul 2008
Posts: 780
Rep Power: 1 | | Quote:
Originally Posted by Charles_Main He means to reform them!
I suggest you read the whole link, and then go to McCains web site and read about his Goals to Cut pork barrel spending, and earmarks. As well as to use the money saved from the winding down of the war in Iraq, to begin reducing the Deficit, and eventually paying down the Debt.
I sure do not like everything about McCain, but I like the Idea of someone talking about balancing the Budget. Our Debt is what is KILLING the DOLLAR and KILLING US.
Do you hear Obama talking about this stuff? ending Deficit spending, and Balancing he budget is not going to be painless you know! Cuts must be made. Both in military and discretionary spending. | Will you be willing to see a tax increase to accomplish the balancing of the budget? |
07-27-2008, 01:23 PM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by CharlestonChad And this somehow shows that you didn't fall for Mccain's rhetoric? | Wrong, all it means Is I have read it. I still have not made up my mind. I am still leaning toward a 3rd party vote. Unlike many People who's minds were made up that they were voting Democrat no matter who the candidate was years ago, simply because they hate Bush so much.
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
07-27-2008, 01:27 PM
| | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by Orange_Juice Will you be willing to see a tax increase to accomplish the balancing of the budget? | Yes, I would be willing to consider anything to balance the budget. As long as they were properly balanced Tax increases. As long as they are not tax Increases that will have a major negative impact on the economy. Tax increases like that would do nothing to balance the budget because further slowing of the economy will end up lowering revenue to the Fed.
__________________
Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson |
07-27-2008, 03:33 PM
|  | Registered User | | Join Date: Feb 2008
Posts: 4,517
Rep Power: 78 | | Quote:
Originally Posted by Orange_Juice Will you be willing to see a tax increase to accomplish the balancing of the budget? | How about a moratorium on growing the size of entitlements? Something that happens without a congressional vote? It would seem just by stopping the automatic growth that we could balance the budget eventually? Of course we would have to keep spending right where they are now without any increases(after inflation).
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Be thankful we're not getting all the government we're paying for.
Will Rogers
Socialism is a philosophy of failure, the creed of ignorance, and the gospel or envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
And so, my fellow Americans: ask not what your country can do for you—ask what you can do for your country.
JFK
No man's life, liberty, or property are safe while the legislature is in session. -- Mark Twain |
07-27-2008, 03:34 PM
| | Registered User | | Join Date: Feb 2008
Posts: 4,517
Rep Power: 78 | | Quote:
Originally Posted by Paulitics LOL, are you kidding? A politician makes a promise, and you are falling for it that easily? How much of McCain's rhetoric over the years has matched his record?
When was the last time a politician came through on SS, btw? | Can you show me one earmark MCcain supported?
__________________
Be thankful we're not getting all the government we're paying for.
Will Rogers
Socialism is a philosophy of failure, the creed of ignorance, and the gospel or envy, its inherent virtue is the equal sharing of misery.
Winston Churchill
And so, my fellow Americans: ask not what your country can do for you—ask what you can do for your country.
JFK
No man's life, liberty, or property are safe while the legislature is in session. -- Mark Twain | | Thread Tools | | | | Display Modes |  Linear Mode | 
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