Skip to comments.US Republican budget plan would cut $5.8 trln in 10 yrs
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 ...
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.
Bingo. The first step to recovery for a debt-aholic is to stop borrowing.
Agree. 10 year numbers are baloney.
“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.
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?
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.
It’s not enough, but it’s a lot better than it would be had the socialists retained control of the House.
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!
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.
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.
Jumping off the cliff on foot is not that much of an improvement than jumping off in the bus.
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?
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.
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.”
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.
There is vast waste in military spending...The government has corrupt that too.
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.
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:
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