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213 days ago.
by BeRight
BeRight
#1

The Sequester is nothing more than small decrease in the rate of increase in federal spending OVER 10 YEARS. President Obama should be the one to choose where the $85 billion in cuts should come from THIS YEAR since THE SEQUESTER was HIS IDEA TO BEGIN WIT

The President needs to lead on this issue he created instead of campaigning against it.

 
 

Member Comments

BeRight

Department of Defense. We are no longer supporting a war in Iraq, you know, that UNFUNDED war that Libs like to toss out. We have a scaled back war in Afghanistan. Well, fella’s use some of that “PEACE DIVIDEND” that Obama is so proud of. "I'll use the money we're no longer spending on war to pay down our debt and put more people back to work — rebuilding roads and bridges, schools and runways. After two wars that have cost us thousands of lives and over a trillion dollars, it's time to do some nation-building right here at home."

Posted 417 days ago.

BeRight

In the private sector, when something happens that has the potential to affect the delivery of goods and services to the company’s customer, everything is done to minimize the effect on the customer. But Gov’t is not a managed private entity. It is a bunch of little independent departments that are run like individual fiefdoms. So when the FAA has to cut 1.5% out of a $73,000,000,000 budget Ray Lahood decides that it is the air traffic controllers and security screeners at airports that are the first to go in order to maximize the pain felt by taxpayers/customers. Basically, this is a way of getting retribution on the Taxpayer for daring to cut the rate of increase by so little. Inflicting the most pain to the customer with the least pain to the FAA.

Posted 417 days ago.

BeRight

No more govt. money invested in programs like hydraulic fracturing: fine, bring it one. No more subsidies for oil exploration: Fine, bring it on. Big Bird goes by the wayside: Big Bird makes millions on his own. Hedge fund managers pay the same tax rate as Dave Archer a real job creator, that alone will save big bucks in loophole closings: Bring it on.

Posted 417 days ago.

scrappile

No more govt. money invested in programs like hydraulic fracturing, yes your tax dollars went to set this system up. No more subsidies for oil exploration, the little companies need no more help than the welfare queen Rex Tillerson does. Big Bird goes by the wayside, well send all kids to WORKINGGIRLS home for tea and fruitcakes. Hedge fund managers pay the same tax rate as Dave Archer a real job creator, that alone will save big bucks in loophole closings. Federal reserve charges foreign banks interest, no more interest rates of 0%, that takes tax dollars offshore to hide in havens. That alone will add up to trillions in the next decade. Thank you for asking. 1 of DA MOB.

Posted 418 days ago.

scrappile

Rand Paul returned 600,000 to the treasury, from his office, will Billyboy do the same? If you are a convicted felon, you cannot be a military contractor. Subsidies for companies making profits of 35 billion in 1 qtr. need not continue. All foreign aid including Isreal, needs to stop, if you are serious about spending and want it cut, take money out of your pocket to support Isreals plight, dont take next generations.

Posted 418 days ago.

scrappile

“supercommittee.” That group was supposed to cut $1.2 trillion but also had a goal of $1.5 trillion, with the possibility of going even higher.

Vested with immense power and special rules for moving its recommendations through Congress, the committee did what Congress does frequently of late: stalemated and failed.

That triggered the BCA’s backup plan: the sequester. This is $1.2 trillion in automatic, across-the-board reductions in nearly all government operations over the next decade.

Posted 418 days ago.

scrappile

Where did the sequester come from? This particular Washington doozy came out of another conflagration – the debt-ceiling fight of 2011. Republicans, fresh off their electoral landslide in the 2010 midterms, demanded $1 in spending reductions for every $1 increase in the federal debt ceiling.

The messy negotiations that ensued buried the stock market and undermined consumer confidence, but policymakers did, in the end, hatch a plan to raise the US borrowing limit.

More specifically, Congress and President Obama agreed to the Budget Control Act (BCA), which matched some $2.4 trillion in debt-ceiling hikes with a similar amount of deficit reduction over the next decade.

Of the total deficit reduction, $900 billion was to be achieved through spending caps affecting all government functions outside of entitlement programs. For the rest, Congress was to explicitly decide on how to make the reductions through a bipartisan commission of lawmakers known colloquially as the “supercommi

Posted 418 days ago.

thegreek

I agree that the republicans need to quit trying to save his hind end and let his great "ideas" (sequester/fiscal cliff)play themselves out and blame the mismanagement on who it belongs to. The *** driven minds of the demokrauts!!

Posted 418 days ago.

BeRight

Lets wait to hear from the people who wanted to save big bird. Do you want Big Bird and long lines at Airport Security? Which one can you do without?

Posted 418 days ago.

BeRight

If the sequester goes into effect, the federal budget for this year will still be larger than last year’s ($3.553 trillion in 2013 vs. $3.538 trillion in 2012). With the sequester in effect, federal non-defense spending will still be 10 percent higher than it was in 2008.

Posted 418 days ago.
 
 
 
 

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