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Budget: When President Obama put out his "balanced" plan to avoid the automatic sequester cuts, no one noticed. Which is probably just as well for Obama, given how embarrassingly unbalanced it is.
Viewed correctly, it turns out that more than $300 billion — about a third — of Obama's proposed "spending cuts" are actually revenue increases.
As a result, instead of $1.2 trillion in spending cuts called for by the sequester over the next decade, Obama would add more than $1 trillion in revenues, while cutting outlays only about $600 billion. And much of those aren't real cuts, but tiny reductions in projected spending growth over the next decade.
And in the end, his plan, such as it is, will do nothing to forestall the nation's oncoming debt crisis.
However, when it came down to it Thomas O’Neill says Reagan and his father put country first.What both men deplored more than the other’s political philosophy was stalemate, and a country that was so polarized by ideology and party politics that it could not move forward.”
O’Neill says that commitment is needed again now “That commitment to put country ahead of personal belief and party loyalty
this does not include the Kerry care package for Syria
President Barack Obama today sent to Congress a proposed defense budget of $613.9 billion for fiscal 2013. The request for the Department of Defense (DoD) includes $525.4 billion in discretionary budget authority to fund base defense programs and $88.5 billion to support Overseas Contingency Operations (OCO), primarily in Afghanistan.
there you have it it is all free money at the taxpayers expense. this does not include the F35 nor the F22, it does not include the Navy's up grade or repairs, so is the money being spent or is there cuts? or is it being swept under the rug, to fill other needs CIA DHS NSA TSA or FEMA.
Kerry announced that $60 million in additional U.S. aid will be put directly into the hands of the Syrian opposition leaders to help them strengthen their organizational capacity as well as provide sanitation, food delivery and medical care in areas they control.
Kerry said the Syrian rebels will receive the U.S. aid without delay because part of the money has already been programmed and because members of Congress are ready to allocate more funds to bring about the downfall of Assad.
Read more: iipdigital.usembassy.gov...
Originally posted by rockymcgilicutty
reply to post by Wrabbit2000
A staunch Ron Paul supporter think's sequester working. Ben Sawns take, is he right or wrong? Cut defense and domestic spending.
Why quote a claimed Ron Paul supporter who says the exact opposite as Ron Paul on the subject????
Originally posted by Indigo5
reply to post by Wrabbit2000
Obama's Sequester Math: $300 Billion In New Revenues Called 'Spending Cuts'
You seem very confused. As well as the blog post you seem to be treating as actual news.
(A) The Sequester is aimed at reducing the deficet...Has the GOP become so "cut spending" focused that they now seemed to have forgot that increasing reveneues also reduces the decifit?
(B) Here is the one page summary of what the President offered the GOP...where are the 300B in new revenues labled as "spending cuts"???