New Liberal/Obama Math - Spending Cuts = 330 billion in extra spending

Wreckem

Diamond Member
Sep 23, 2006
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Article cherry picks numbers from the CBO.

By extending all the tax cuts and doing away with sequestration, the 10 year deficit would be $12trillion, instead of the $4trillion under the tax deal. Also the $4trillion in deficit spending is based off of going over the fiscal cliff. IE: Its $4trillion more in deficits compared to all tax rates going up and 10% sequestration. Comparing the figures for the deal with numbers prior to going over the fiscal cliff reduces deficits over 10 years.

And I have yet to see a Republican plan that actually cuts spending either.
 
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Engineer

Elite Member
Oct 9, 1999
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This bill (Senate) had nothing to do with spending cuts, but you guys knew that, didn't you? Hint: That was the 2nd part that is supposed (doubtful based on history) to be done by 2 months (yea, right).

OK, back to your outrage, already in progress.
 

michal1980

Diamond Member
Mar 7, 2003
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This bill (Senate) had nothing to do with spending cuts, but you guys knew that, didn't you? Hint: That was the 2nd part that is supposed (doubtful based on history) to be done by 2 months (yea, right).

OK, back to your outrage, already in progress.

Define you guys.

This bill was written by the left, who keeps telling us things need to be done in a balanced manner. Yet when it comes to actually doing things balanced then go in the direct opposite way.
 

Engineer

Elite Member
Oct 9, 1999
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Define you guys.

This bill was written by the left, who keeps telling us things need to be done in a balanced manner. Yet when it comes to actually doing things balanced then go in the direct opposite way.

Bill was written by both parties and passed with 89-9 ratio. You saying that there were no GOP members that voted for this? The spending side of the bill was kicked down the road by 2 months, but you knew that, didn't you? Both sides negotiated and passed this bill (strangely, it was the VP Biden and McConnel that put much of this together without Reid (or so it seems)).
 

fskimospy

Elite Member
Mar 10, 2006
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LOL. The Washington Times just showed how stupid its writers are.

Does everyone here not realize that the 'fiscal cliff' was a combination of austerity measures: more taxes and cuts in spending? Cuts in spending were a primary part of what the fiscal cliff was. Not only was the fiscal cliff bill not designed to save money... in any way...by definition any action to avert the fiscal cliff would have to increase the deficit. I expect laypeople to not know this, but for the WT itself to publish something that dumb is embarrassing.

By the way for more conservative minded people out there this should give you cause to reexamine your ideology. The fiscal cliff negotiations are implicitly the acceptance that cutting the deficit by too much now would be disastrous to the economy.
 

michal1980

Diamond Member
Mar 7, 2003
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Bill was written by both parties and passed with 89-9 ratio. You saying that there were no GOP members that voted for this? The spending side of the bill was kicked down the road by 2 months, but you knew that, didn't you? Both sides negotiated and passed this bill (strangely, it was the VP Biden and McConnel that put much of this together without Reid (or so it seems)).

The Senate republicans have no balls or leadership. They just passed whatever Obama gave them so the liberal msm will let them off the hook.

If they had any significant brain cells they would have gotten some cuts. Instead they passed a bill that increases spending and taxes. They should all be voted out as being rinos
 

fskimospy

Elite Member
Mar 10, 2006
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The Senate republicans have no balls or leadership. They just passed whatever Obama gave them so the liberal msm will let them off the hook.

If they had any significant brain cells they would have gotten some cuts. Instead they passed a bill that increases spending and taxes. They should all be voted out as being rinos

Can you describe to me what you believe the fiscal cliff was?
 

lotus503

Diamond Member
Feb 12, 2005
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LOL. The Washington Times just showed how stupid its writers are.

Does everyone here not realize that the 'fiscal cliff' was a combination of austerity measures: more taxes and cuts in spending? Cuts in spending were a primary part of what the fiscal cliff was. Not only was the fiscal cliff bill not designed to save money... in any way...by definition any action to avert the fiscal cliff would have to increase the deficit. I expect laypeople to not know this, but for the WT itself to publish something that dumb is embarrassing.

By the way for more conservative minded people out there this should give you cause to reexamine your ideology. The fiscal cliff negotiations are implicitly the acceptance that cutting the deficit by too much now would be disastrous to the economy.

Exactly because the foundation of our economy is deficit spending.
 

michal1980

Diamond Member
Mar 7, 2003
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Can you describe to me what you believe the fiscal cliff was?

Tax increase along with spending cuts. At the end of the day probably better then the crap we are getting now. Even if the spending cuts were to heavy on the military
 

fskimospy

Elite Member
Mar 10, 2006
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Tax increase along with spending cuts. At the end of the day probably better then the crap we are getting now. Even if the spending cuts were to heavy on the military

Right, so why are you surprised that a bill that averted spending cuts led to increased spending? That was the whole point, to increase spending.

While I'm all for cutting military spending, that should be replaced with increased domestic spending.
 

fskimospy

Elite Member
Mar 10, 2006
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No its not the foundation of our economy?

sure it is, remove deficit spending and watch the entire system crumble.

I'm not sure what else to say other than 'no, it's not.' While we would have have significant economic issues if we cut out government spending right now (which is why we shouldn't), that is not the foundation of our economy.
 

lotus503

Diamond Member
Feb 12, 2005
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I'm not sure what else to say other than 'no, it's not.' While we would have have significant economic issues if we cut out government spending right now (which is why we shouldn't), that is not the foundation of our economy.

Much of our deficit spending goes to private industry while I will admit that the entire country would not crumble if the government only spent what it took in via taxes. Much of our economy is in fact propped up by government spending.

How much of that is deficit spending I guess is debatable.
But that thing about a house built with cards, once it comes down it brings it all down.
 

michal1980

Diamond Member
Mar 7, 2003
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Right, so why are you surprised that a bill that averted spending cuts led to increased spending? That was the whole point, to increase spending.

While I'm all for cutting military spending, that should be replaced with increased domestic spending.

No we need real spending cuts something you on the left, and the new gop rino party do not understand. This tax raise covers about less then 10% of the deficit? Wow talk about fixing the problem.

But your so stupid you want even more spending
 

fskimospy

Elite Member
Mar 10, 2006
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No we need real spending cuts something you on the left, and the new gop rino party do not understand. This tax raise covers about less then 10% of the deficit? Wow talk about fixing the problem.

But your so stupid you want even more spending

The entire fiscal cliff issue is about the disastrous effects of reducing the deficit too quickly. Increasing spending is economics 101.
 
Apr 27, 2012
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No we need real spending cuts something you on the left, and the new gop rino party do not understand. This tax raise covers about less then 10% of the deficit? Wow talk about fixing the problem.

But your so stupid you want even more spending

This is very typical of the left. Cut the welfare and military
 

lotus503

Diamond Member
Feb 12, 2005
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No we need real spending cuts something you on the left, and the new gop rino party do not understand. This tax raise covers about less then 10% of the deficit? Wow talk about fixing the problem.

But your so stupid you want even more spending

over %40 of the debt is owed domestically to some of same people who lobby for more spending.