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To: conservative_2001
It's disgraceful that the most conservative district in the state can't do better than force us to choose between two tax-hikers

Excuse me while I put my flak jacket on first.... But I think that there actually do need to be some tax hikes put in place. The federal budget has gone from an $80 billion surplus in 2000 to a $567 billion dollar deficit in 2004. 2005 is still looking to turn in a $500 billion deficit. That's an improvement, but not much of one. If you eliminated all nondefense, non homeland security discretionary spending, you'd still have a $150 billion deficit for 2004. You'd have to cut medicare spending in half or eliminate medicaid to balance the budget. Bush's plan never gets us closer than a $474 billion deficit, according to CBO's latest projections. That's PATHETIC.

Spending needs to be cut back and controlled more carefully, but it won't be enough - with the economy strong, we should be able to pull in enough taxes to cover ourselves and stop borrowing from China. What happened to fiscal conservatives who cared about this?
20 posted on 08/02/2005 7:11:01 AM PDT by eraser2005
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To: eraser2005
Excuse me while I put my flak jacket on first.... But I think that there actually do need to be some tax hikes put in place.

Many of your fellow RINO's feel exactly the same way.

The federal budget has gone from an $80 billion surplus in 2000 to a $567 billion dollar deficit in 2004.

Actually according to the OMB the FY2004 deficit was $412 billion, but don't let the facts get in the way.

2005 is still looking to turn in a $500 billion deficit.

Wrong again. The original projection for 2005 was at $426 billion, and due to better than expected revenues the White House now projects this year's deficit to be $333 billion. Morgan Stanley project $335 billion. You're off again by over $150 billion.

If you eliminated all nondefense, non homeland security discretionary spending, you'd still have a $150 billion deficit for 2004.

Once again, your numbers are inaccurate. Discretionary spending for FY2004 is due to be $908 billion. All defense and Homeland Security spending comes out to $499 billion. That leaves $409 billion in discretionary spending. Take that out of the budget, and using Morgan Stanley's $335 billion deficit, that would leave you with a surplus of $74 billion, not a deficit of $150 billion.

Any more liberal arguments I can shoot down? If you're going to come to Free Republican and argue for tax increases, at least have the courtesy of basing your argument on the actual numbers.

24 posted on 08/03/2005 3:55:13 PM PDT by conservative_2001 (Defeat Jean Schmidt and Paul Hackett in 2006!)
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