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To: sunmars

$60 billion. Call me underwhelmed. At that rate we’ll have a handle on this deficit in about 1000 years.


2 posted on 02/19/2011 2:49:34 AM PST by circlecity
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To: circlecity
$60 billion. Call me underwhelmed. At that rate we’ll have a handle on this deficit in about 1000 years.

Don't miss the salient points: It's an actual cut for the first time that I can remember. There has been no budget for this fiscal year - it has been a "do as you have been doing and the money will be there" situation; this set of cuts is between now and the end of September. They have defunded the spending on ObamaCare.

In short, some good things and the first time in my memory when a cut meant a cut vs. a lower rate of increase.

37 posted on 02/19/2011 3:57:30 AM PST by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: circlecity

It looks like the Democrats think that another government shutdown will go their way again. By keeping this at minimum cuts we can win the PR battle or if we can’t there is no hope. Start small and see how it goes over.


43 posted on 02/19/2011 4:21:19 AM PST by byteback
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To: circlecity
$60 billion... call me underwhelmed

I totally agree. This is a pittance.

We don't actually know what the true deficit is, since Obama and his minions continue to pour money out the windows to their beneficiaries.

I have seen estimates that the deficit will top $4 trillion by the end of the year. If so, $60 billion is only 1.5% of the deficit.

This is a milquetoast effort. The House can do better; they're just afraid for their jobs if they cut more. They should fear them for cutting less.

49 posted on 02/19/2011 4:45:25 AM PST by backwoods-engineer (Any politician who holds that the state accords rights is an oathbreaker and an "enemy... domestic.")
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To: circlecity

The joke of the week. Dramatic? What idiot wrote that headline. That is like a ‘zero cut’ in spending.


76 posted on 02/19/2011 6:05:23 AM PST by mulligan
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To: circlecity
The state-run media is in cahoots with the establishment Republicans. Both want to blow smoke up out butts and tell us these are "dramatic" cuts. They're spit in Lake Michigan. Rounding errors in a $3.7 trillion budget with $1.6 trillion of that being deficit.

The GOP House leadership is showing its true colors, amoeba gray. They voted against anogther $22 billion in cuts. They refused to allow Steve King's amendment to defund ObamaCare and overall seem asleep at the switch. In this period of time in 2009, the Obama/Reid/Pelosi Democrats had passed the Porkulus bill and were moving ahead on all fronts.

Where are the subpoenas? Where's the outrage over Obama ignoring Federal court orders on ObamaCare and on the drilling in the Gulf? Where's the action?

I'll agree with Michelle Obama, "Let's Move". Get rolling!! Take action!! Go! GO! GOOOO!!!!

Where's the urgency?

78 posted on 02/19/2011 6:11:45 AM PST by Jabba the Nutt (.Are they stupid, malicious or evil?)
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To: circlecity
$60 billion. Call me underwhelmed. At that rate we’ll have a handle on this deficit in about 1000 years.

It is worse than underwhelming - the first shot out of the cannon should have been the largest since both the Senate and the WH are in control of the Socialist RAT party and will pare it back. More like they will get a handle on it NEVER.

It was a good run America for 230+ years. If they ever can build a time machine I am going back to 1955.
79 posted on 02/19/2011 6:14:07 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: circlecity
Call me underwhelmed

Me too.

60 billion out of 1,600 billions. 3.75% cut from the one year budget deficit leaves 96.25% of it still there, and it's characterized as "double meat axe".

82 posted on 02/19/2011 6:15:55 AM PST by ecomcon
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To: circlecity
$60 billion. Call me underwhelmed. At that rate we’ll have a handle on this deficit in about 1000 years.

This bill is for current year spending only, not the FY 2012 budget. This is a good start. The real cuts must come next year, though.

92 posted on 02/19/2011 6:45:20 AM PST by Colonel_Flagg ("It's hard to take the president seriously." - Jim DeMint)
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To: circlecity

This is a little bitty piece of a large Iceberg...Ryan plans much much more....


102 posted on 02/19/2011 7:25:01 AM PST by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: circlecity

I, for one, am happy we are on the right road.


132 posted on 02/19/2011 1:48:22 PM PST by fightinJAG (Please stop posting comments in the title box of threads. Thank you.)
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