Quote:
Originally Posted by randolph
Discretionary spending refers to the portion of the budget which goes through the annual appropriations process each year.
|
Ok, if that's the definition, then that's the definition. Still, suppose we have Obama and a democrat congress for another 4 years after 2012 and our debt has gone up another $8 trillion or so. The dollar collapses and our economy is sent into a serious tailspin. The government goes into emergency budget cutting mode. Entire departments are now being cut. I guarantee you we will still have a military, because we must have a military. But anyways, on with the technical definitions...
Quote:
Originally Posted by randolph
In January 2010, President Obama announced that he would freeze spending on domestic discretionary spending for three years, with annual increases no greater than inflation after that in an effort to cut the budget deficit. The freeze did not include security-related spending for the Pentagon, foreign aid, veterans and homeland security. The proposed cuts will generate an estimated $250 billion in savings over ten years.
|
Yeah, after he raises the deficit several $trillion, THEN let's freeze it lol. And that's only if you believe him. As I said above, in his first budget in 2009 he called for "A New Era of Responsibility". At least he has a sense of humor right? He promised to cut the deficit to $912 billion by 2011 and to $581 billion by 2012. The reality is twice that size.
Quote:
Originally Posted by randolph
In reality, the proposed "freeze" is actually a cut. The proposal caps non-security spending at $447 billion for each of the next three fiscal years. During that time, inflation will erode the purchasing power of that total, potentially requiring additional cuts in services in each successive year.
|
Sorry, but that does not fulfill BO's promise and frankly after raising the debt $5 trillion in the last 5 years, cutting the debt $1.3 trillion in 3 years is not adequate. What the republicans are proposing isn't even adequate. Our government needs to get serious about ELIMINATING the fucking debt! If we have to borrow to maintain our lifestyle, then something is wrong and that is unsustainable. We need to stop spending 60% of our budget on welfare and focus instead on reviving our economy and putting people back to work so this country can start producing again. THAT is how we afford our lifestyle.