Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
Your opinion, step. And you know how much I respect your opinion. I just try to be honest.So, you are apparently saying the house and/or senate had some influence on it. That would be normal. But by signing it, bush agreed to it. It was, indeed, his budget.
You're beyond retarded. Congrats!
Your opinion, step. And you know how much I respect your opinion. I just try to be honest.You're beyond retarded. Congrats!
his opinion is libertarian and you have admitted 100 times you lack the IQ to present a substantive objective to it! Who do you think you're fooling here with your spamming personal attacks to cover up your ignorance?
So tell us genius, what is your objection to libertarian philosophy or admit for the 101st time your pure liberal ignorance.
Fiscal Year 2009 - Budget Resolution - Senate Budget Committee
Final Passage
Conrad Statement Following House's Final Approval of Budget (June 5, 2008)
"With the adoption of our budget today, we have clearly demonstrated Democrats' ability to govern. For the second year in a row with Democrats controlling Congress, we have passed a budget. This stands in stark contrast to previous Congresses. In fact, this is the first time since 2000 that Congress has adopted a budget during an election year. And even more important, this fiscal plan sets the nation back on a path of fiscal responsibility."
Senate Passes FY 2009 Budget Resolution (June 4, 2008)
Washington, DC The Senate today gave final approval to the fiscal year 2009 budget conference report. The five-year fiscal plan balances the budget; makes needed investments in energy, education, and infrastructure; and cuts taxes on the middle class. Importantly, the plan assumes no tax increase. It was adopted by the Senate on a bipartisan vote of 48-45. With an affirmative House vote expected Thursday, this will mark the first time Congress has adopted a budget during an election year since 2000.
We have passed a fiscally responsible budget today, said Senate Budget Committee Chairman Kent Conrad (D-ND). This plan provides tax relief for the middle class. It makes critical investments in energy, education, and infrastructure. And it returns the budget to surplus in 2012 and 2013. Passing this budget represents a major accomplishment
So, you are apparently saying the house and/or senate had some influence on it. That would be normal. But by signing it, bush agreed to it. It was, indeed, his budget.It was a Democrat majority controlled budget. Bush signed it.
Fiscal Year 2009 - Budget Resolution - Senate Budget Committee
Final Passage
Conrad Statement Following House's Final Approval of Budget (June 5, 2008)
"With the adoption of our budget today, we have clearly demonstrated Democrats' ability to govern. For the second year in a row with Democrats controlling Congress, we have passed a budget. This stands in stark contrast to previous Congresses. In fact, this is the first time since 2000 that Congress has adopted a budget during an election year. And even more important, this fiscal plan sets the nation back on a path of fiscal responsibility."
Senate Passes FY 2009 Budget Resolution (June 4, 2008)
Washington, DC – The Senate today gave final approval to the fiscal year 2009 budget conference report. The five-year fiscal plan balances the budget; makes needed investments in energy, education, and infrastructure; and cuts taxes on the middle class. Importantly, the plan assumes no tax increase. It was adopted by the Senate on a bipartisan vote of 48-45. With an affirmative House vote expected Thursday, this will mark the first time Congress has adopted a budget during an election year since 2000.
“We have passed a fiscally responsible budget today,” said Senate Budget Committee Chairman Kent Conrad (D-ND). “This plan provides tax relief for the middle class. It makes critical investments in energy, education, and infrastructure. And it returns the budget to surplus in 2012 and 2013. Passing this budget represents a major accomplishment
So, you are apparently saying the house and/or senate had some influence on it. That would be normal. But by signing it, bush agreed to it. It was, indeed, his budget.It was a Democrat majority controlled budget. Bush signed it.
This is why you are beyond fucking retarded. You can't read, or lack comprehension skills. The 2009 budget was the product of a democrat majority congress. One they thought was brilliant should have already balanced the budget.
But you want to quote the NY Times because they said it was a Bush budget.
He signed it. It wasn't his budget. He did not write it up. The democrat majority did.
I have no idea how Greenspan could not see the flaw when LTCM failed 10 years earlier.
Ayn Rand is not a libertarian. Nor are her objectionisms a part of the libertarian compass. She was a militant minded, free market capitalist.
Which is where arms were extended into the libertarian and austrian economic schools (through Henry Hazlitt). They objected on just as much, if not more than they agreed.
And Alan Greenspan was wrong, but that error was not in understanding or advocating deregulation, or no regulation. It was trying to work those ideas through a system that can not ever be free market.
Controlled interest rates and fiat currency? No free market. Period.
so are libertarians!!! Since free market capitalism is the central issue of our time objectivists then are libertarians. Their differences are trival versus differences with liberals, communists, and Nazis which are huge.
I fail to see how that's possible. Your best example is ???????????????????
He thought the free market was efficient enough to compensate for any amount of liberal distortion. Yes, he was wrong, but his solution then is less liberal interference.
oh come on, what is the alternative? A gold standard that is just as subject to mismanagement as the Great Depression indicates? Central banking will work fine under any system when management agrees on no inflation.
Wow. Look at step go. What you can not accept, step, is that a budget for a president is his. He can work with congress, ignore the process and do nothing, or anything inbetween. But, as you admitted, bush signed it. And he did not need to. So, it is his budget. And it was in place to cover his economy.My opinion? You just can not acccept that you're fucking dead wrong on this can you? The link is in your quote you half-witted fucktard.
Good day, Corky.
Wow. Look at step go. What you can not accept, step, is that a budget for a president is his. He can work with congress, ignore the process and do nothing, or anything inbetween. But, as you admitted, bush signed it. And he did not need to. So, it is his budget. And it was in place to cover his economy.My opinion? You just can not acccept that you're fucking dead wrong on this can you? The link is in your quote you half-witted fucktard.
Good day, Corky.
Here you go, from Wikapedia:
The President, according to the Budget and Accounting Act of 1921, must submit a budget to Congress each year. In its current form, federal budget legislation law (31 U.S.C. 1105(a)) specifies that the President submit a budget between the first Monday in January and the first Monday in February. In recent times, the President's budget submission, entitled Budget of the U.S. Government, has been issued in the first week of February. Thus, President George W. Bush submitted the FY2007 budget in February 2006. The President's budget submission, along with supporting documents and historical budget data, can be found at the Office of Management and Budget's (OMB) website. The President's budget contains detailed information on spending and revenue proposals, along with policy proposals and initiatives with significant budgetary implications.
Each year in March, the Congressional Budget Office (CBO) publishes an analysis of the President's budget proposals. CBO budget report and other publications can be found at the CBO's website. CBO computes a current law baseline budget projection that is intended to estimate what federal spending and revenues would be in the absence of new legislation for the current fiscal year and for the coming 10 fiscal years. However, the CBO also computes a current-policy baseline, which makes assumptions about, for instance, votes on tax cut sunset provisions. The current CBO 10 year budget baseline projection grows from $3.7 trillion in 2011 to $5.7 trillion in 2021.
The House and Senate Budget Committees begin consideration of the President's budget proposals in February and March. Other committees with budgetary responsibilities submit requests and estimates to the Budget committees during this time. The Budget committees each submit a budget resolution by April 1. The House and Senate each consider those budget resolutions and are expected to pass them, possibly with amendments, by April 15. Budget resolutions specify funding levels for appropriations committees and subcommittees.
Appropriations committees, starting with allocations in the budget resolution, put together appropriations bills, which may be considered in the House after May 15. Once appropriations committees pass their bills, they are considered by the House and Senate. A conference committee is typically required to resolve differences between House and Senate bills. Once a conference bill has passed both chambers of Congress, it is sent to the President, who may sign the bill or veto. If he signs, the bill becomes law. Otherwise, Congress must pass another bill to avoid a shutdown of at least part of the federal government.
United States budget process - Wikipedia, the free encyclopedia
Hope this helps. Seems really, really simple. Maybe you will get it this time.
This agreement, we believe, will strengthen the economy and create jobs. It will do that by investing in energy, in education, in infrastructure. It will expand health coverage for our kids. It will provide tax cuts for the middle class. It will restore fiscal responsibility by balancing the books by 2012 and maintaining balance in 2013.
The record under this administration has been a record of debt and deficits as far as the eye can see. This chart shows very clearly what has happened to the debt under this administration. This President, at the end of his first year, had a debt of $5.8 trillion. We don't hold him responsible for the first year because he inherited that budget. But over the 8 years he is responsible for, the debt has gone from $5.8 trillion to $10.4 trillion -- almost a doubling of the debt in this country. This President's fiscal failures are manifest. They are written across the pages of the economic history of this country.
This budget seeks to take the country in a different direction. Under this budget, we reduce the debt as a share of the gross domestic product each and every year, from 69.3 percent of GDP to 65.6 percent by the end of the fifth year.
The same is true of the deficit picture under this budget. I am proud to report that we balance the books by the fourth year of the budget. We maintain balance in the fifth year. While the President’s budget balances in the fourth year, it swings right out of balance once again in the fifth year. We don't believe that is a responsible course.
We will hear a lot from the other side about spending in this budget and we will hear claims that this takes spending through the roof. Let's compare the spending in this conference report from what the President proposed. In this conference report, total spending is $3.07 trillion in 2009. The President has $3.04 trillion. That is a difference of 1 percent. Again, the conference report shows spending of $3.07 trillion, the President proposed $3.04 trillion, a difference of 1 percent. Where did the difference go? Well, it went in those areas I have discussed: energy, education, and infrastructure, all of them critical needs.
Ah, but you do.I don't need an explanation on federal budgeting.
So, my poor con tool. You are saying that bush did not meet requirements and produce a budget proposal? Are you saying that neither the house committees not the senate committees had repubs who participated in their versions of the budget proposal. And you are saying that just because bush signed it in the end that he is not responsible? Sure you are, step. Because you are a con and con's are stupid. And they NEVER, EVER take responsibility for their screw ups. Remember the economy when this budget was going into effect, step. Sure you do. And you are surprised that the american voters voted for a dem senate and congress. So, step, it should come of no real surprise that the budget was left to the adults in the room. And that would not have been the repubs, though they had the full opportunity to participate and shape the budget.I already pointed out that fiscal year 2009 budget was created by a democrat majority. They created it. It is their budget. They even gloat about the budget and how it balances by 2012-2013.
I am so sorry that you are shocked, step. So, so sorry. The post was simply showing you how a budget is formed, and why the bush budget belonged to bush. Just as the 2001 budget belonged to Clinton. Just as the '93 budget belonged to GW Bush, just as the '95 budget belonged to Reagan, and......Where in your post does it discuss 2009? No where? I am shocked.
Your opinion. And you know how much I value your opinion.What a moron.
Twisting yourself into a pretzel will not prove your attempted point. It was Bush's budget. The fact that additions were made to it by the new pres is NORMAL. Pretty much always happens. But it does not change the facts. The 2009 budget was bush's.You can read Gaylord Conrad's floor speech from the final passage of the 2009 budget here
Transcript of floor speech by Senate Budget Committee Chairman Kent Conrad (D-ND) on Senate vote giving final approval to FY 2009 Budget Conference Agreement delivered on June 4, 2008. View the charts used by Sen. Conrad during his speech.
This agreement, we believe, will strengthen the economy and create jobs. It will do that by investing in energy, in education, in infrastructure. It will expand health coverage for our kids. It will provide tax cuts for the middle class. It will restore fiscal responsibility by balancing the books by 2012 and maintaining balance in 2013.
The record under this administration has been a record of debt and deficits as far as the eye can see. This chart shows very clearly what has happened to the debt under this administration. This President, at the end of his first year, had a debt of $5.8 trillion. We don't hold him responsible for the first year because he inherited that budget. But over the 8 years he is responsible for, the debt has gone from $5.8 trillion to $10.4 trillion -- almost a doubling of the debt in this country. This President's fiscal failures are manifest. They are written across the pages of the economic history of this country.
This budget seeks to take the country in a different direction. Under this budget, we reduce the debt as a share of the gross domestic product each and every year, from 69.3 percent of GDP to 65.6 percent by the end of the fifth year.
The same is true of the deficit picture under this budget. I am proud to report that we balance the books by the fourth year of the budget. We maintain balance in the fifth year. While the President’s budget balances in the fourth year, it swings right out of balance once again in the fifth year. We don't believe that is a responsible course.
We will hear a lot from the other side about spending in this budget and we will hear claims that this takes spending through the roof. Let's compare the spending in this conference report from what the President proposed. In this conference report, total spending is $3.07 trillion in 2009. The President has $3.04 trillion. That is a difference of 1 percent. Again, the conference report shows spending of $3.07 trillion, the President proposed $3.04 trillion, a difference of 1 percent. Where did the difference go? Well, it went in those areas I have discussed: energy, education, and infrastructure, all of them critical needs.
You seem to forget that the pres is required to submit a budget to congress. They make changes. They do not create a budget from whole cloth. Try reading the post that has the link to the budget process. Apparently it is not sinking in.Then AFTER the big democrat 2009 budget signed by Bush, in March of 2009, Obama sign a appropriations act that added an additional 203 billion to the already giant 2009 budget. Equipped with pet projects, earmarks and items such as cash for clunkers.
FactCheck.org : Obama’s Spending: ‘Inferno’ or Not?
So between a majority Dem congress that wrote the 2009 budget, and the additional money Obama added on to it, we come to the conclusion that democrats are just, if not more, fiscally irresponsible than republicans.
So step, who is determined to not have the 2009 budget be bush's, says:You seem to forget that the pres is required to submit a budget to congress. They make changes. They do not create a budget from whole cloth. Try reading the post that has the link to the budget process. Apparently it is not sinking in.Then AFTER the big democrat 2009 budget signed by Bush, in March of 2009, Obama sign a appropriations act that added an additional 203 billion to the already giant 2009 budget. Equipped with pet projects, earmarks and items such as cash for clunkers.
FactCheck.org : Obama’s Spending: ‘Inferno’ or Not?
So between a majority Dem congress that wrote the 2009 budget, and the additional money Obama added on to it, we come to the conclusion that democrats are just, if not more, fiscally irresponsible than republicans.
You then go on to point to additions to spending that were outside of the actual budget (the 2009 Bush budget) as if that is not normal. Take a look at other budgets and spending. If you do so, you will not see a difference in the process. Hell, in the bush budget, the wars were largely off of the budget, and handled by special appropriation.
And, if you look at your chart, you will see that the progression of budget has been happening for a long time. I suspect that this may be a bit complex for you, but much of it was due to inflation. The rest, just new additions by congress. Some asked for by the pres, some not.
So you say. And apparently bush did not do as he was required and provide a budget proposal to congress by Feb of 2008. You know, step, so that the senate and house could suggest modifications. And so, apparently, you believe that the senate and house wrote the budget from whole cloth. And you also believe that you have shown us that the budget was created by the house and senate, but you did not.No matter how many times you repeat that, it's still inaccurate and dishonest. The 2009 budget, as I've shown, was put together by democrats and passed. Bush signed their budget deal. The budget was not built by Bush.
