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US Republican budget plan would cut $5.8 trln in 10 yrs
Reuters ^ | 4-4-2011 | Andy Sullivan

Posted on 04/04/2011 6:41:37 PM PDT by gorush

A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.

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


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: deficits; economy
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1 posted on 04/04/2011 6:41:46 PM PDT by gorush
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To: gorush

That’s nowhere near enough.


2 posted on 04/04/2011 6:43:16 PM PDT by familyop ("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
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To: gorush

Not even close to enough


3 posted on 04/04/2011 6:43:50 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: gorush
How many millions of government welfare tax parasite jobs will be eliminated?

Where's the number???

4 posted on 04/04/2011 6:44:46 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: familyop

The dollar doesn’t have 10 years of life left in it...probably not one year.


5 posted on 04/04/2011 6:46:09 PM PDT by gorush (History repeats itself because human nature is static)
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To: gorush

That’s a start. Next year, additional cuts can be made.


6 posted on 04/04/2011 6:46:20 PM PDT by Go Gordon
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To: familyop

For God’s sake, it is amazing and to be commended. Limbaugh today called it both substantively and politically brilliant.


7 posted on 04/04/2011 6:46:25 PM PDT by mwl8787
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To: gorush

It’s not enough, but it’s something. Far, far more than anything the ‘Rat Party is willing to do.


8 posted on 04/04/2011 6:46:25 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
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To: gorush
Totally inadequate.

Drudge has a headline: In March, the feds spent 8X their revenue. They spent $1T in one month.

Cut $5T? Over 10 years?? Hey, guess what? I've racked up $50,000 in credit card bills! But don't worry -- I've got a plan to drastically reduce my out of control spending: I've decided not to go to Starbucks on the first Monday of every month! Think of the money I'll save!!!

9 posted on 04/04/2011 6:46:31 PM PDT by ClearCase_guy
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To: gorush
Too little too late.

Did you know the gubment spent 1 TRILLION dollars in March. In one freakin' month they spent 8 times what they took in. We are doomed, there is no way out of this.

http://cnsnews.com/news/article/march-madness-feds-spent-more-eight-time

10 posted on 04/04/2011 6:47:21 PM PDT by Drill Thrawl (I can haz CW2 now?)
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To: gorush

First you start with defunding Obamacare then carry on from there.


11 posted on 04/04/2011 6:49:13 PM PDT by scorchedearther
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To: gorush

More. Faster.


12 posted on 04/04/2011 6:49:35 PM PDT by ExGeeEye (Freedom is saying "No!" to the Feds, and getting away with it. "Speak 'NO' to Power!")
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To: ClearCase_guy

We are soooooooooooo screwed. The deficit numbers are possibly the “cleverist” thing these anti-Free-America LIBs have ever done. Everyone will regret their self-loathing and self-hatred.


13 posted on 04/04/2011 6:50:13 PM PDT by hal ogen (1st amendment or reeducation camp?)
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To: familyop
That’s nowhere near enough.

It's one hell of a start.

Here the Republicans are actually proposing cuts. Real cuts, trillions in cuts, and we have people on our own side already harping that it isn't enough.

You gotta start somewhere. This is extremely bold considering we are up against a public entirely wedded to the social welfare state.

14 posted on 04/04/2011 6:50:55 PM PDT by Longbow1969
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To: familyop
These corrupt AH's are playing with the numbers...

It's a bull sh** shell game...

Those in D.C. have made a science out of playing the numbers while the American audience of fools drool in cups, while applauding....

In the real world of the tax paying private sector, when companies down size, and the economy went south, tens of millions of jobs are eliminated nearly over night.

What are the GD numbers of government payroll parasites that will lose their jobs??

15 posted on 04/04/2011 6:52:25 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: gorush

Our side is about to get pummeled for these huge cuts and changes to the entitlements. This call for ‘not enough’ is pretty bad. I am all for being bold, and this is bold. We control the House. We will earn the Senate and White House if we prove to present a realistic solution to our problems. From what I have seen from Ryan, this is a huge step in the right direction. Unless we see something otherwise on the unveiling, our side needs to stick together and focus our attention on educating others on the situation and the fact that our side is the only one presenting a response that prevents our country from crumbling.

I have been annoyed at the weakness of the House leadership so far with the timid cuts and lack of a big message. I like what I am seeing so far. Remember, this is just the beginning of the process for the 2012 single year budget, but a blueprint for the next ten. There is plenty of opportunity to build on it if we are successful here.


16 posted on 04/04/2011 6:52:55 PM PDT by ilgipper
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To: gorush

I want to know what it cuts this year. These ten year time frames are political smoke and mirrors.


17 posted on 04/04/2011 6:53:12 PM PDT by Moonman62 (Half of all Americans are above average. Politicians come from the other half.)
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To: gorush
Off to buy some bread.

BreadRun

18 posted on 04/04/2011 6:53:25 PM PDT by Drill Thrawl (I can haz CW2 now?)
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To: Longbow1969

In the real world of the tax paying private sector, when companies down size, and the economy went south, tens of millions of jobs are eliminated nearly over night.

What are the GD numbers of government payroll parasites that will lose their jobs??


19 posted on 04/04/2011 6:53:39 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: gorush
Any politician can promise to cut the budget by any number you want in ten years. The fact is that this Congress cannot bind the Congress in ten years.

These guys need to be forced to explain how much they will be cutting from this next year's budget, the only budget they control. These guys are talking about ten years from now to disguise the fact that they aren't signigicantly cutting the budget this year or next. And, this year and next are the only budgets that they can cut.

20 posted on 04/04/2011 6:55:39 PM PDT by Walts Ice Pick
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To: familyop
That’s nowhere near enough.

It's a FABULOUS beginning.

If the GOP gets a President in '12 then next year's budget can cut more.

And don't forget if the SC knocks down ObamaCare? Money in the bank.

21 posted on 04/04/2011 6:57:55 PM PDT by Siena Dreaming
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To: Walts Ice Pick

Bingo. The first step to recovery for a debt-aholic is to stop borrowing.


22 posted on 04/04/2011 6:58:25 PM PDT by Tennessean4Bush (An optimist believes we live in the best of all possible worlds. A pessimist fears this is true.)
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To: Moonman62
I want to know what it cuts this year.

Agree. 10 year numbers are baloney.

23 posted on 04/04/2011 6:59:57 PM PDT by MulberryDraw
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To: Siena Dreaming

“It’s a FABULOUS beginning.”

Depends. If it’a back loaded like most things, it would reduce next year by only a few hundred billion - leaving us with probably 1.7T deficit.

Hey, it’s not nothing, but if cuts are backloaded, its less than fabulous.


24 posted on 04/04/2011 7:03:20 PM PDT by RFEngineer
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To: gorush
Republican government hacks unveiled a ten year budget plan?

In ten years these AH's will be on their yachts in the Caribbean, laughing their butts off while collecting multiple lottery style government pensions...How stupid are we?

And where do they get this word, "Unveiled"? Is this some kind of holy document sent here by supreme government angels?

WTH is that all about? Why would it take TEN YEARS to eliminate 2 million bloated government employees?

25 posted on 04/04/2011 7:04:50 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2
Image Source,Photobucket Uploader Firefox Extension
26 posted on 04/04/2011 7:07:17 PM PDT by gorush (History repeats itself because human nature is static)
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To: Longbow1969

Indeed - it’s embarrassingly ridiculous. Unfortunately, more and more of those on our side are arguing based on emotion rather than fact and logic. It’s a characteristic that was more predominantly found on the left, but more and more on our side are adopting this way of analyzing every issue.


27 posted on 04/04/2011 7:08:48 PM PDT by Republican Wildcat
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To: GeronL

It’s not enough, but it’s a lot better than it would be had the socialists retained control of the House.


28 posted on 04/04/2011 7:10:28 PM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: Siena Dreaming

Hi yankee, haha....While you wait ten year, you go shop for some China yum yum and plastic stuff.......Go get job at Micky D's...They hire!!...haha....Good for economy....hahah...See you in ten year yankee...By then, you owe hairy much...Bye bye now!

29 posted on 04/04/2011 7:12:22 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2
What are the GD numbers of government payroll parasites that will lose their jobs??

Can't disagree. One of the biggest and most important fights going on right now is our new Republican governors and legislatures taking on the corrupt public sector unions.

Still, that we have a Republican budget plan proposing 5.8 trillion in cuts is a huge step in the right direction.

30 posted on 04/04/2011 7:12:26 PM PDT by Longbow1969
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To: Longbow1969

i understand what you are saying. BUT is budget deficit would still be 1.1 trillion every year. these pols are cowards. i have called boehners office every day for 3 weeks begging him not to raise the debt ceiling. This will all come crashing down. we need to balance the budget now and take the economic pain now so our kids dont have to later.


31 posted on 04/04/2011 7:17:36 PM PDT by remaxagnt (`)
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To: Longbow1969
Republican governors and legislatures taking on the corrupt GOVERNMENT sector unions.
32 posted on 04/04/2011 7:17:47 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Deo volente

Jumping off the cliff on foot is not that much of an improvement than jumping off in the bus.


33 posted on 04/04/2011 7:21:12 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Longbow1969
Can't disagree. One of the biggest and most important fights going on right now is our new Republican governors and legislatures taking on the corrupt public sector unions.

By the way, were is the calls and demands from Congress to completely abolish these government unions which are squeezing and choking the U.S. private sector tax payers off?

34 posted on 04/04/2011 7:26:16 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Longbow1969

Let me guess. No military pay raise for 10 years. No military retiree COLA increase for 10 years. Raise Retiree medical costs to individual. Cut budget for military operations by 5 trillion and the rest is the three prior.


35 posted on 04/04/2011 7:26:20 PM PDT by napscoordinator
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To: gorush

Obama has us in IMF 3rd world status giving the USA financial advice....

IMF:We find that, under our baseline scenario, a full elimination of the fiscal and generational imbalances would require all taxes to go up and all transfers to be cut immediately and permanently by 35 percent. A delay in the adjustment makes it more costly.”
http://www.zerohedge.com/article/imf...-future-budget


36 posted on 04/04/2011 7:27:43 PM PDT by sbark
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To: dragnet2

They are cutting military personnel in the Air Force and Navy by a lot. The Army and Marine Corps are ok for now until the wars are over and then they will be hit. Trust me they are cutting the military a lot.


37 posted on 04/04/2011 7:28:32 PM PDT by napscoordinator
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To: napscoordinator

There is vast waste in military spending...The government has corrupt that too.


38 posted on 04/04/2011 7:36:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: gorush

Numerically, It’s probably not enough by itself. More cuts will need to be implemented to arrest 40 years of democrat/RINO control of America’s pursestrings.

HOWEVER... $5.8 trillion/10 is $580,000,000,0000/year, which is nearly a 600% increase over the $100B in proposed cuts for the 2011 budget.

It’s a great place to start.


39 posted on 04/04/2011 7:38:04 PM PDT by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: snowrip

We need more info. I’d prefer it cut 1.1 trillion in 2012 alone. However I understand it includes tax reform and tax cuts which is good.

There is more info here:

http://hotair.com/archives/2011/04/04/new-at-wsj-paul-ryan-announces-that-gops-2012-budget-would-cut-6-2-trillion-in-spending-over-10-years/


40 posted on 04/04/2011 7:40:46 PM PDT by free me (Sarah Palin 2012? You Betcha!)
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To: gorush

I HATE and DETEST any government schmuck who talks about a ten year horizon. Nobody ever remembers, nobody ever checks, and, most especially, NOBODY is HELD TO ACCOUNT. The only thing that matters now, the ONLY thing, is 2012 budget. It ought to be slashed by $2 trillion, entire departments abolished, and about a million federal “workers” given the boot. Those cuts would get the country back on track in not time and make us globally competitive once again.

Once they start talking 10 year horizons, we are doomed to infantile discussions and no action.


41 posted on 04/04/2011 7:41:11 PM PDT by ProtectOurFreedom
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To: gorush

I’m more interested what they’re planning to cut the next couple of years. We need to cut the deficit at least by half right now to restore a smidge of confidence in the world financial markets.

There are hundreds of billions budgeted, allocated, but not spent. That needs rolled back. We need to take serious steps about fraud in Medicare, SS, welfare and other entitlements. We need to defund Obamacare and the rest of the stimulus plus any other crap spending Obama got passed. Though it’s small change, we need to strictly limit the regulatory agencies ability to target business and particularly small business by tightening their budget.

I really hope these budget cuts will hit on multiple fronts, and then we build from there.


42 posted on 04/04/2011 7:47:19 PM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: ProtectOurFreedom
I HATE and DETEST any government schmuck who talks about a ten year horizon. Nobody ever remembers, nobody ever checks, and, most especially, NOBODY is HELD TO ACCOUNT.

The political groupy fan clubs aren't smart enough to understand how the ruling class manipulate, orchestrate and concoct these government schemes.

Behind closed doors, the latest scheme was *unveiled*... "Hey, I know, lets tell um this plan will take ten years"...."By then, half these suckers will be dead, and the other half won't even speak English".

They must have been rolling on the floor...

43 posted on 04/04/2011 7:54:56 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: ProtectOurFreedom

‘Once they start talking 10 year horizons’

The law requires that they produce 10 year projections. Do you want them to be like Obama and ignore the law?


44 posted on 04/04/2011 7:55:51 PM PDT by Lucius Cornelius Sulla (Liberty and Union, Now and Forever, One and Inseparable -- Daniel Webster)
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To: Lucius Cornelius Sulla
The law requires that they produce 10 year projections.

Oh, they must of forgot to submit those for border security, bailing out the banksters and Wall Street multiple trillions, going into debt to Communist nations for the next 10 generations etc....

45 posted on 04/04/2011 8:06:24 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

...and especially drilling for oil. All we ever hear is “nothing we do today will help solve the problem.” If they took an honest 10 year horizon and had started aggressively exploring, drilling and producing, we would be awash in domestic oil today.


46 posted on 04/04/2011 8:21:33 PM PDT by ProtectOurFreedom
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To: gorush

Good luck getting any cuts past Obama.


47 posted on 04/04/2011 8:22:22 PM PDT by AmusedBystander (I'm sure that Obama loves his country, I'm just not sure which country is his.)
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To: dragnet2

Oh I agree but you must know that they won’t go after the waste but the actually members of the armed forces.


48 posted on 04/04/2011 8:24:52 PM PDT by napscoordinator
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To: napscoordinator

I call B.S., the 100 billion turned into 33 billion. So this so called 5.4 will turn into 1.8, or just over one years deficit in ten years. More lies by the GOP. This will never happen. The cowards will back down and odumbo will get reelected because the GOP failed to carry through yet again. The GOP has no fortitude and needs to go.


49 posted on 04/04/2011 8:44:55 PM PDT by jimpick
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To: gorush

bookmark


50 posted on 04/04/2011 8:54:29 PM PDT by JDoutrider
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