Obama wants 4 trillion dollar deficit reduction deal,republicans want 2

Quote from bugscoe:

But you love Ron Paul for doing it?

Ron Paul: My goal would be to get the federal government out of the entitlement business. It will be a tragedy if we continue to do what we do, because we won’t be able to finance them. If you look at Medicare and Social Secruity and Medicaid, they don’t have the money. What I propose is a transitional period. Let young people get out. Take care of the people who have become so dependent on the government. Work our way out of it. Stop spending this money running a world empire and cut some of the budget that won’t hit the poor.

I believe very sincerely that you could do this. If you change the foreign policy, you could save hundreds of billions of dollars rather quickly. You could get rid of your departments. What are we doing running the Department of Agriculture to the tune of billions of dollars? The Department of Energy, the Department of Education – we just don’t need those things. You could address that and still not have to be seen as attacking health-care for children–even though my goal would be to make the Constitution strong enough and efficient enough that you could wean people off and let young people opt out of this soon and assume responsibility for themselves.

1.I dont love Ron for doing it

2.There are compromises I am willing to make in exchange for Pauls slashing defense spending and staying out of wars,ending homeland security,TSA,patriot act etc


3.He said he would end SS and medicare if he could get the people and congress to agree(which he wont so I'm not concerned about it)



http://ezkool.com/2011/04/ron-paul-will-end-medicare-medicaid-and-social-security/




Mr. Paul appeared on MSNBC and was interiviewed by Host Cenk Uygur. Mr. Uygur asked Mr. Paul whether or not he will “transition” out of Medicare and Social Security if he became president, to which Paul answered;

“Well, you know, if I can get the people to agree and Congress to agree, yea, that will be my program. It’s to transit out, because this one has failed.”
 
All the numbers are meaningless, as they are stretched out over 10 years. We've seen this before, many times. The big reductions are always back loaded onto the later years, and will be completely forgotten about when those years come up. Also, most of the "cuts" are actually reductions in planned increases in spending.

The only politician with a serious proposal to cut spending is Rand Paul, whose bill would cut $500 billion <i>this year</i>. He would get rid of entire departments, reduce military spending, and slash foreign aid spending. I don't think he got any cosponsors, because nobody else is really willing to do what is needed to cut the deficit significantly.
 
Quote from Wallet:

Lowest Tax Rates? I agree, half of American homes pay no tax. Can't get any lower than that.

SS and Medicare are bankrupt, why keep feeding a broke system?

I agree Defense spending needs to be cut, best way is to bring our troops , and my son, home. But imho, as the reason we are over there is to keep the fight in their streets and not ours, so as a result we need to also CLOSE OUR BOARDERS which will help secure and protect our citizens and also help cut the deficit, which the Dem's are unwilling to do as it will cost them registered but illegal voters.

It's nice you only focus on the leftie issues, your true colors are visible for all to see.

SSN and Medicare are not bankrupt, have nothing to do with the debt problem and are funded with their own respective taxes on payroll. Had the government not been looting SSN funds for the past several decades we could be talking about RAISING benefits and LOWERING retirement age instead of cutting benefits and raising the age. However, that argument has no place in the current debt crisis as it's a completely separate issue.
BTW, I hope your son comes home alive and well, and we end this silly "war" that never had a chance of success.
 
Anybody, Republican, Democrat, or Independent who thinks we need to give more money to the thugs in D.C. is a dope.
 
Right, which is why Medicaid, Medicare, Social Security and interest payments will consume all government revenue by 2025 if we stay on the same trajectory.
Quote from CaptainOblivious:

SSN and Medicare are not bankrupt, have nothing to do with the debt problem
 
Quote from AK Forty Seven:

I support all this as well.I 'm fiercely anti war and want both wars ended immediately and defense spending slashed by 400-500 billion a year.With our nukes,military and around half of US households owning guns there is no reason to be spending 700 billion - 1 trillion a year on wars and defense.China an Russia spend 200-300 billion a year on defense and nobody fucks with them yet we keep padding the pockets of defense contractors and war profiteers

I agree ,close the borders,but lets not put all the blame on democrats.Reagan granted amnesty for illegals and both Bush and the 2008 GOP nominee tried to do so and Bush didn't close the border in his 8 years in office

Sheesh, you posted something I agree with. I better go check my meds.
 
Quote from rew:

All the numbers are meaningless, as they are stretched out over 10 years. We've seen this before, many times. The big reductions are always back loaded onto the later years, and will be completely forgotten about when those years come up. Also, most of the "cuts" are actually reductions in planned increases in spending.

The only politician with a serious proposal to cut spending is Rand Paul, whose bill would cut $500 billion <i>this year</i>. He would get rid of entire departments, reduce military spending, and slash foreign aid spending. I don't think he got any cosponsors, because nobody else is really willing to do what is needed to cut the deficit significantly.

I hereby nominate this for Post Of The Year.

Reagan fell for this scam, as did Bush 41. Taxes get raised all right but the promised cuts never appear. Then the increased revenues are used to fund increased spending.

The democrats were planning an even more despicable ploy this time. They would get republicans to go along with cuts in SS and medicare, then attack them during the election for throwing seniors under the bus to fund tax cuts for the rich. Pelosi and Obama have already tipped their hand on that. Republicans would be foolish to play that game. Obama created this problem. Let him deal with it.
 
Quote from Trader666:

Right, which is why Medicaid, Medicare, Social Security and interest payments will consume all government revenue by 2025 if we stay on the same trajectory.

Social Security and Medicare could be and should be completely independent and are in theory. The General Fund scam allows these two programs to be embezzled by congress who then uses the money for their pet projects and any other bullshit they can think of. Had they not been looting this money these two programs would have TRILLIONS of dollars in them right now. Instead they are filled with worthless IOU's. Run this same scam in the private sector and you'd go to prison, which is exactly where all 535 members of this terrorist government belongs.
 
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