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re: Lib question: February Deficit 200+ Billion, What is NOT sacred for budget cuts?

Posted on 3/17/17 at 4:50 pm to
Posted by kcon70
Houston, TX
Member since Sep 2016
2695 posts
Posted on 3/17/17 at 4:50 pm to
It's only sacred if it goes in the pockets of them lobbyist and their like-minded congressional cohorts baw..
Posted by Loserman
Member since Sep 2007
21872 posts
Posted on 3/17/17 at 8:27 pm to
quote:

I would start by removing the tax exemption for churches, mosques, synagogues, temples and other religious property across the country. Maybe we'll get some of them to move to another country that is more tax friendly.




Then you are a total idiot!!!

Religious institutions support the poor by many billions every year in this country and others.

My local church fully supports 2 orphanages among many other works.
Those 2 orphanages have over 120 children that no tax money supports.

You really have no idea what us religious people donate because of our faith.

The power to tax is the power to destroy.
When the Government starts taxing religious institutions you guys will have to start picking up the tabs for all the works we do now, and they will cost many times what we pay to do those functions
This post was edited on 3/17/17 at 8:38 pm
Posted by TrebleHook
Member since Jun 2016
1356 posts
Posted on 3/17/17 at 8:44 pm to
we need to tax the millionaires and billionaires
Posted by llfshoals
Member since Nov 2010
15378 posts
Posted on 3/17/17 at 9:44 pm to
quote:

These threads have been posted 5 times a day and they are just as stupid now as it was the first time. You have all 3 branches of government and the proposed budget does NOTHING to shrink the deficit. Let that sink in morons.
It would help your case if the deficit was important.

It's not. What you actually have to borrow to cover your shortfalls is.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71035 posts
Posted on 3/17/17 at 9:55 pm to
quote:

Febuary deficit 200 billion? What the hell are you talking about?

That would mean our annual deficit will be 2.4 trillion, around twice as bad as any of the Obama deficits.

What are you talking about?


Doesn't work that way (same inflow and outflow each month).

January is necessarily going to have a smaller deficit. Businesses that pay quarterly will usually pay in January for Q4 the previous year, so the government's income for that month is inflated.

Most individuals get their W2 and 1099 forms at the end of January, and if they're due a refund, they'll file ASAP to get it. So February and March will have higher deficits (outflows due to individual refunds, as well as Medicare patients hitting their annual deductible) while the quarterly payments aren't there. April will be a good month on the government ledger because individuals who owe aren't in any hurry to pay before they have to pay, so a lot of those returns will come in next month. Next month will also be the Q1 payments from this year.

If I 'member correctly, even Bush and Obama had some April surpluses.
Posted by narddogg81
Vancouver
Member since Jan 2012
19691 posts
Posted on 3/17/17 at 9:57 pm to
quote:

Cruiserhog
die in a fire
Posted by boxcar willie
kenner
Member since Mar 2011
16035 posts
Posted on 3/17/17 at 10:04 pm to
Raising military spending while cutting taxes is not taking the budget deficit seriously. If you want to spend the money you need to pay for it. Get the budget under control before cutting taxes. It just seems a very stupid time to be cutting taxes
Posted by Friscodog
Frisco, TX
Member since Jul 2009
4470 posts
Posted on 3/17/17 at 10:10 pm to
quote:

We could have started by not expanding the military


What about all of the people and families that would lose their jobs?? Don't you care about the working middle class?
Posted by llfshoals
Member since Nov 2010
15378 posts
Posted on 3/17/17 at 10:14 pm to
quote:

If I 'member correctly, even Bush and Obama had some April surpluses.
Very few.

Of course they had very few no matter what time of year it was.
Posted by i am dan
NC
Member since Aug 2011
24717 posts
Posted on 3/17/17 at 10:17 pm to
So, now liberals care about the deficit?

That's funny as shite, cuz they sure didn't say anything about it when Obama was in office.

So why now?
This post was edited on 3/17/17 at 10:23 pm
Posted by beaverfever
Little Rock
Member since Jan 2008
32673 posts
Posted on 3/17/17 at 10:20 pm to
quote:

- Reduce SS benefits by age until it eventually hits zero.
just give people back what they paid in. Older people would get pretty screwed because of inflation but the older people deserve the most blame for letting the situation get this bad.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/17/17 at 11:16 pm to
quote:

he gives money to most wasteful department, the military, in the budget and takes money from the poor to then give tax breaks to the wealthy.

this budget is dead on arrival and Trump is a goddamn idiot.


asking for increased spending overall.

$54 billion more for war toys.

FYI
his tax cuts for the upper class will not trickle down.
his elimination of the estate tax gifts his family with a couple billion.

Posted by Terry the Tiger
Cypress, Texas
Member since Jul 2009
3494 posts
Posted on 3/17/17 at 11:49 pm to
quote:

Nothing has to "go" in the sense of being eliminated. My big complaint about the budget is just this arbitrary 20% cut. Why not actually take the time to learn about bloating and overspending in each dept. Then figure out a way to make it more efficient/cut spending rather than this lazy analysis on the best way to make budget cuts.


Maybe you should pay attention a little more. President Trump just charged all of his Cabinet members to evaluate every aspect of their departments to eliminate overlap, waste, and inefficiencies.

This is a Year 1 budget. You address the immediate needs first. This year it appears to fix the military and homeland security. Because you add $54 billion to the defense budget does not mean you cannot reduce wastes while you are doing it. If you cut $100 billion in wastes, then you have $154 billion of improvements to make.

Maybe you spend money in Year 1 to protect the country first. In Year two, you start addressing entitlements to cut costs. Hopefully, the econonmy is improving at that time that less people are receiving entitlements.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/17/17 at 11:53 pm to
quote:

Or do you just suggest we never worry about a budget?
The people in power don't seem to care, so maybe we shouldn't. Although, it doesn't seem logical, but then again, the whole meaning of debt, when everbody has not globally seems illogical, at least abstract.
Posted by LSU12223
Member since Sep 2016
1482 posts
Posted on 3/17/17 at 11:57 pm to
quote:

We pay for it, then somehow he forces mexico to pay us back. What a solid business plan.

Eventually when trump starts imposing tariffs on foreign goods that money will repay the wall an then that money should (probably not) go to fixing all the entitlement programs that contribute to more than 50% of the national debt.
Posted by boxcar willie
kenner
Member since Mar 2011
16035 posts
Posted on 3/17/17 at 11:58 pm to
quote:

So, now liberals care about the deficit? That's funny as shite, cuz they sure didn't say anything about it when Obama was in office. So why now?


what's even funnier is how much the so called conservatives had to say about it when Obama was in office. So why not now?
Posted by texashorn
Member since May 2008
13122 posts
Posted on 3/17/17 at 11:59 pm to
quote:

I guess yall think mexicans can't swim right?

Well, sure. But the ones who can run, jump and swim are already in the United States.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/18/17 at 12:00 am to
quote:

This is a Year 1 budget. You address the immediate needs first.
That sounds great, until you realize it's the government. And besides, coming off of Obama and his spending, "year 1" isn't such a valid excuse.
quote:

Because you add $54 billion to the defense budget does not mean you cannot reduce wastes while you are doing it. I
So here is more money, even though we know you have plenty of waste so you not only don't need it, you actually NEED less?
quote:

you start addressing entitlements to cut costs.
Well now you're getting to another level of wishful thinking since Trump does not seem to favor that. I mean even in the primaries, where they usually at least pretend that they want to do that, he didn't even pretend.
Posted by buckeye_vol
Member since Jul 2014
35236 posts
Posted on 3/18/17 at 12:02 am to
quote:

Eventually when trump starts imposing tariffs on foreign goods that money will repay the wall an then that money should (probably not) go to fixing all the entitlement programs that contribute to more than 50% of the national debt.
Well that outcome seems extend the unlikely. Maybe it can pay for the wall, but when costs rise, then it's going to be even harder to scale back entitlements.
Posted by texashorn
Member since May 2008
13122 posts
Posted on 3/18/17 at 12:04 am to
Wasn't it just the other day that the left was bawling over cuts to the Coast Guard?
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