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AnimusRex -> GOP Unable to Cut $00 Billion? (1/4/2011 9:36:15 PM)
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Blog post in Hot Air, a rightwing forum...
GOP Backing Away from Promise to Cut $100 Billion?
From the article:
Shouldn’t it be fairly easy to find $100 billion to cut in an annual budget that exceeds $3.5 trillion? Well, yes — except that the GOP’s limiting itself to cutting discretionary spending (Social Security and Medicare are, as ever, completely off-limits) and even within discretionary spending they refuse to touch “security” budgets, i.e. Defense and Homeland Security. That leaves just $500 billion or so for this year to play with, and since, as Rich Lowry noted earlier at the Corner, a good chunk of that will already have been spent by the time the continuing resolution expires in the spring, they’d have to make huge cuts to what’s left in order to get to $100 billion in savings overall.
Hmm...Didn't some asshole here make that very claim only a while back?
Oh yeah...
quote:
ORIGINAL: AnimusRex
OK, back to the budget deficit, one of my pet topics.
First, I read the article; it projects that the health care reform will add to the deficit; but take a look at this graph to see what is also adding tremendously to the deficit- namely the Bush tax breaks for the wealthy- that huge orange slice of the graph in the middle.
But I have to ask why when we are talking about the massive government spending and debt, we immediately leap to cutting health care; Here is the current FY 2010 budget numbers (In very round terms, courtesy of Wallstats.com and yes, I know I have listed these several times before)
1. Debt Service 400 Billion
2. Medicare- 600 Billion
3. Social Security- 1 Trillion
4. Defense- 1 Trillion
5. Every other damn thing the Gov't does- 500 Billion
Total= 3.5 Trillion
Income- about 2.1 Trillion (including the 1 Trillion from Social Security payroll tax)
Deficit- 1.4 Trillion
Lets all agree we want to balance the budget. Where do any of you see 1.4 Trillion in cuts? Seriously, take a moment yourself and write out the 5 categories with the numbers you would like to see.
Hot Air....good name for these folks.
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