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What is Obama's credibility about cutting spending, having grown government 24% in two years?
What is Obama's credibility about cutting spending, having grown government 24% in two years?
LINK PLEASE to substantiate your 24% in 2 years.....(i won't hold my breath)
obama's first butget was the fiscal 2010 budget which ended 2 months ago, and he reduced the deficit from Bush's last fiscal budget from 2009 by about 50 billion.
maybe you need to familiarize your self with the US fiscal budget
Non-defense discretionary spending has leaped 28 percent over the past two years
like what? which ones?ravi, fyi- it is not the first $250k earned but the first $250k of taxable income earned...after all deductibles are taken...
And many of the deductions are going away.
like what? which ones?ravi, fyi- it is not the first $250k earned but the first $250k of taxable income earned...after all deductibles are taken...
And many of the deductions are going away.
Umm a couple of wars and the worst recession since the great depression?
I do not think we should reduce any taxes for a couple of years at least. But we DO need to cut spending where we can. Closing about 2/3 of our overseas military bases would be a start. The govt employee wage freeze is another good move.
Agressively pursue medicaid/medicare fraud, enact some really nasty penalties for it.
It will not happen but I still say the best thing we culd do is a pure flat personal invome tax on ALL personal income with no deductions or minimums.
you make 41 you pay a dime you make 1 millin you still pay 10%
the only tax breaks I can see as sensible right now are ones for companies that actually create US jobs. And we need to penalize those that move jobs overseas with tarrifs on imported goods.
We have no need for a corporate headquarters here when virtually all the jobs they create are overseas.
The runrate of spending for the wars was already in the 2007 outlays of $2.8T.
Keynesian Economics don't work. We now have yet another, although much larger, demonstration.
ahh but Keynesian economoic is just as the banking industry designed it.
Our government overspending is not all of the problem folks.
look to those who profit from the overspending. And I do not mean poor folks, they just stay alive not fill their pockets and buy yachts with govt dollars.
What is Obama's credibility about cutting spending, having grown government 24% in two years?
LINK PLEASE to substantiate your 24% in 2 years.....(i won't hold my breath)
obama's first butget was the fiscal 2010 budget which ended 2 months ago, and he reduced the deficit from Bush's last fiscal budget from 2009 by about 50 billion.
maybe you need to familiarize your self with the US fiscal budget
I was actually generous. Obama exploded the baseline by 28%.
CBO Budget Baseline Shows that Soaring Spending is Drowning America in Debt | The Heritage Foundation
Non-defense discretionary spending has leaped 28 percent over the past two years
Umm a couple of wars and the worst recession since the great depression?
I do not think we should reduce any taxes for a couple of years at least. But we DO need to cut spending where we can. Closing about 2/3 of our overseas military bases would be a start. The govt employee wage freeze is another good move.
Agressively pursue medicaid/medicare fraud, enact some really nasty penalties for it.
It will not happen but I still say the best thing we culd do is a pure flat personal invome tax on ALL personal income with no deductions or minimums.
you make 41 you pay a dime you make 1 millin you still pay 10%
the only tax breaks I can see as sensible right now are ones for companies that actually create US jobs. And we need to penalize those that move jobs overseas with tarrifs on imported goods.
We have no need for a corporate headquarters here when virtually all the jobs they create are overseas.
The runrate of spending for the wars was already in the 2007 outlays of $2.8T.
Keynesian Economics don't work. We now have yet another, although much larger, demonstration.
ahh but Keynesian economoic is just as the banking industry designed it.
Our government overspending is not all of the problem folks.
look to those who profit from the overspending. And I do not mean poor folks, they just stay alive not fill their pockets and buy yachts with govt dollars.
I didn't ask about spending, and while I agree that we should reduce it you are simply deflecting.No.
As a country, we are not under taxed.
The government spends too much money. Absolute dollar outlays (real dollars spent, not budget gimmick garbage) have increased f4rom $2.8T in 2007 to a projected $3.7T this year.
Did we have cumulative inflation of 30% in the past three years? - no
Did the private sector grow 30% in the past three years? - no
Then why on this Good Green Earth should the Federal Government be spending such unseemly amount of money?
The republican party clearly proved that cutting taxes does not cut spending nor the debt.
Thank you for taking the question seriously.The House Dems just basically voted to allow every American to continue paying today's lower tax rates on the first $250,000 of their income.
Do you believe this is a fair compromise given the deficits we have racked up in the past several years?
No.
It should all be allowed to expire.
Along with stopping the wars..and cutting the spending.
This whole thing is theater..and shows that no one is serious.
The republican party clearly proved that cutting taxes does not cut spending nor the debt.
There is no move to cut taxes. We want the current taxes to stay the same as they have been. Any more lies you want to tell?
No.
As a country, we are not under taxed.
The government spends too much money. Absolute dollar outlays (real dollars spent, not budget gimmick garbage) have increased f4rom $2.8T in 2007 to a projected $3.7T this year.
Did we have cumulative inflation of 30% in the past three years? - no
Did the private sector grow 30% in the past three years? - no
Then why on this Good Green Earth should the Federal Government be spending such unseemly amount of money?
The expenses of the federal government increase when private sector spending declines.
Only if one holds the beliefs of a Statist.
boe,No.
As a country, we are not under taxed.
The government spends too much money. Absolute dollar outlays (real dollars spent, not budget gimmick garbage) have increased f4rom $2.8T in 2007 to a projected $3.7T this year.
Did we have cumulative inflation of 30% in the past three years? - no
Did the private sector grow 30% in the past three years? - no
Then why on this Good Green Earth should the Federal Government be spending such unseemly amount of money?
The expenses of the federal government increase when private sector spending declines.
Only if one holds the beliefs of a Statist.