Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama to call for 'balanced approach' to spending cuts (seeks to reframe the budget debate)
La Times ^ | 4/13/11 | Michael A. Memoli

Posted on 04/13/2011 8:58:59 AM PDT by NormsRevenge

President Obama, seeking to reframe the debate after a budget battle driven by spending cuts, will call for a “balanced approach” to reducing the nation’s debt and deficits in a speech in Washington on Wednesday.

As the Republican-controlled House prepares to vote on both the 2011 budget compromise and its own austere 2012 proposal, which calls for major changes to entitlement programs, Obama will set out his own commitment to deficit reduction while pledging to maintain investments he says are needed to keep the economy strong.

“The president will make clear that while we all share the goal of reducing our deficit and putting our nation back on a fiscally responsible path, his vision is one where we can live within our means without putting burdens on the middle class and seniors or impeding our ability to invest in our future,” a White House official said in previewing the speech, ..

It is unclear just how specific the president's speech will be. The official described four broad steps guiding Obama’s approach: keeping domestic spending low, trimming the defense budget, reducing excess healthcare spending “while strengthening Medicare and Medicaid,” and reforming the tax code.

The latter two points will be the biggest dividing lines between the president and Republicans. The 2012 proposal offered by Rep. Paul Ryan (R-Wis.), chairman of the House Budget Committee, eventually seeks to privatize Medicare and hand Medicaid over to states. ..

...

A new Gallup poll released Wednesday found that 62% of Americans supported the budget agreement reached late Friday and that a majority viewed it as a victory for neither party. Looking ahead, 59% of Americans say they would support raising taxes for families with incomes of $250,000 or more, while 37% would oppose it.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; Politics/Elections
KEYWORDS: balancedapproach; obama; spendingcuts

1 posted on 04/13/2011 8:59:04 AM PDT by NormsRevenge
[ Post Reply | Private Reply | View Replies]

To: NormsRevenge

Blah! Blah! Blah!.....FUBO!


2 posted on 04/13/2011 9:01:17 AM PDT by AngelesCrestHighway
[ Post Reply | Private Reply | To 1 | View Replies]

Uhhh,, GoP , you move these deck chairs..
Uhhh Harry , have your boys move those..


3 posted on 04/13/2011 9:01:26 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

We don’t need a “Balanced Approach”! We need “Drastic Cuts” in spending and we need them NOW!!!


4 posted on 04/13/2011 9:02:05 AM PDT by Fran B (Love!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fran B

His balance = Gut the military, tax the rich, don’t touch entitlements.


5 posted on 04/13/2011 9:04:15 AM PDT by Rennes Templar (I'm tired of politicians! Trump for POTUS!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: NormsRevenge

FUBAR and more FUBAR.

Mr. Obama can’t count, and his god is government programs that do not work.

What a deal for us.


6 posted on 04/13/2011 9:06:32 AM PDT by RexBeach ("I'd horse whip you, if I had a horse!" -Groucho)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
“reducing excess healthcare spending “while strengthening Medicare and Medicaid,””

He supposedly already did this when he took $500 billion Medicare spending and applied it to Obamacare. We know he didn't really do it but why isn't the MSM questioning him on the double counting and lying through his teeth?

7 posted on 04/13/2011 9:08:46 AM PDT by tobyhill
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

He’s going to re-do the deal (that wasn’t a deal) right in front of our faces!!!

Can’t wait


8 posted on 04/13/2011 9:10:17 AM PDT by SMARTY (Conforming to non-conformity is conforming just the same.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

What is an acceptable deficit Barry? Give us a specific number. So far you have been arguing that $1.6 trillion is about right.


9 posted on 04/13/2011 9:10:56 AM PDT by DManA
[ Post Reply | Private Reply | To 1 | View Replies]

To: tobyhill
He supposedly already did this when he took $500 billion Medicare spending and applied it to Obamacare.

And THEN in Obamacare, what does IT do? Push more people back into Medicare.

10 posted on 04/13/2011 9:12:28 AM PDT by Michael Barnes
[ Post Reply | Private Reply | To 7 | View Replies]

To: NormsRevenge

He’ll crow that the $38 billion cut that he negotiated with the Republicans was “difficult”, but a start.


11 posted on 04/13/2011 9:19:08 AM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rennes Templar

>> don’t touch entitlements.

Not exactly. Cutting entitlements like SS and Medicare is okay with Bambi, but only for middle- and upper-class whites. :-)


12 posted on 04/13/2011 9:19:38 AM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: NormsRevenge

every GOP member of Congress needs to go and ask George H.W. Bush what happened the last time HE was persuaded to take a “balanced approach”


13 posted on 04/13/2011 9:19:50 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

Too bad “balanced” doesn’t really mean balanced.


14 posted on 04/13/2011 9:23:28 AM PDT by smokingfrog ( sleep with one eye open ( <o> ---)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

“.....59% of Americans say they would support raising taxes for families with incomes of $250,000 or more,.....”

Fine, tax the hell out of them...... and brace for catastrophic layoffs, lower wages and high prices for just about everything.


15 posted on 04/13/2011 9:25:08 AM PDT by Gator113 (I'll be voting for Sarah Palin, Liberty, our Constitution and American Exceptionalism.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

There is no balance between slavery and freedom. Either we are Americans, free men, women, and children who are responsible for our own success or failure, or we are communists, recreating all the conditions of the Soviet Union, Nazi, Germany, Castro’s Cuba, and the Khmer Rouge Cambodia depending on our flavor preference but in any case people who exist to serve the state and live or die at the state’s whim. Obama knows where he wants to take us, and he’ll take the fastest road we will tolerate. My vote: shut his “balance” down and go for constitutional government - enumerated powers and nothing else.


16 posted on 04/13/2011 9:32:28 AM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Will Obama’s “balanced approach” deal with the massive amounts of corporate welfare (along with carve outs, subsidies and so on) that is doled out each yea -, with most of it now ending up with corporations that have aligned themselves with Obama’s agenda? Don't count on it.

John Stossel has done an excellent job of warning America about how much goes out in corporate welfare each year. Corporate welfare, along with social welfare spending, both need to be slashed.

Obama was so bad when it came to corporate welfare, that HuffPo dubbed him the “king” of corporate welfare in 2009 in an online article entitled “Barack Obama: The King Of Corporate Welfare.”

Obama has actually gotten worse since then when it comes to corporate welfare handouts, subsidies, carve outs and so on. He is actually worse than RINOS when it comes to corporate welfare - believe it or not.

17 posted on 04/13/2011 10:20:08 AM PDT by Laissez-faire capitalist
[ Post Reply | Private Reply | To 1 | View Replies]

To: SMARTY

This is the second budget that he has submitted, the first was a highly larded up one. We don’t hear much about that now do we? This guy is all over the map, he has no credibility.


18 posted on 04/13/2011 10:51:17 AM PDT by phormer phrog phlyer
[ Post Reply | Private Reply | To 8 | View Replies]

To: All

19 posted on 04/13/2011 11:00:30 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 1 | View Replies]

To: phormer phrog phlyer
“O” is a completely uneducated and spineless half-wit. I do believe that he regurgitates whatever his creatures shove under his nose.

The guy is wholly without any core values, knowledge or convictions. If there is a more unprincipled, malleable and gutless creature on earth it can only be a jellyfish. As a matter of fact, I think a jellyfish at least can follow a current.

20 posted on 04/13/2011 11:42:46 AM PDT by SMARTY (Conforming to non-conformity is conforming just the same.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Nervous Tick

True. God forbid an unemployeed single black mother with three kids couldn’t get her pap smear.


21 posted on 04/13/2011 12:09:39 PM PDT by Rennes Templar (I'm tired of politicians! Trump for POTUS!)
[ Post Reply | Private Reply | To 12 | View Replies]

To: NormsRevenge

“Balanced Approach” = raising taxes.


22 posted on 04/13/2011 12:22:24 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: COBOL2Java

Oh really?

Who is the fool now

REPORT: Budget deal cuts this year’s deficit by just $353 million, not $38 billion touted...

When will people learn

http://www.washingtonpost.com/business/cbo-budget-deal-cuts-this-fiscal-years-deficit-by-just-353-million-not-38-billion-touted/2011/04/13/AFFJnkWD_story.html


23 posted on 04/13/2011 2:05:13 PM PDT by silentknight
[ Post Reply | Private Reply | To 11 | View Replies]

To: NormsRevenge

Glad I was at work and missed it. It is so hard to even look at his haughty nose in the nose pose and listen to his lies.


24 posted on 04/13/2011 4:09:36 PM PDT by austingirl
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rennes Templar

Gut the military? I think his strategy is to railroad Republicans to make cuts in military readiness in order to pay for misadventures in Afganistan and Libya. But military cuts are inevitable if Republicans are any more serious than Obama is about cutting spending.


25 posted on 04/13/2011 4:10:54 PM PDT by yup2394871293
[ Post Reply | Private Reply | To 5 | View Replies]

To: NormsRevenge
Looking ahead, 59% of Americans say they would support raising taxes for families with incomes of $250,000 or more, while 37% would oppose it.

Taxes for thee as long as they're not for me.

Theft is what it is in it's pure form.

All should pay and no less.

The pro tax people would change their attitude in a hurry then.

26 posted on 04/13/2011 4:28:26 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Obama to call for 'balanced approach' to spending cuts

They are not spending cuts; they are increases in tax collections, tax collections from YOU.

27 posted on 04/13/2011 5:38:00 PM PDT by Rapscallion (Obama is a fraud. The founders gave us the tool of impeachment for a reason.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

He’s about to steamroll the Republican party and they won’t know what hit them.


28 posted on 04/13/2011 8:18:41 PM PDT by Tempest (I put money ahead of people)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Bozo says we all have to sacrifice. That's pretty funny from a guy who parties like a king on $100 a pound beef, spends millions traveling like royalty & hardly ever works. Why is he more special than the rest of us?

His 'balanced approach' applies to everyone but himself. His credibility needs to be challenged by Congress. How about leading by example!!

29 posted on 04/14/2011 1:54:07 AM PDT by LADY J ( Change your thoughts and you change your world.. - Norman Vincent Peale))
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson