As details of the plan to reduce federal spending by $38.5B are posted, the backlash is building...


As details of the plan to reduce federal spending by $38.5B are posted, the backlash is building among those who say the cuts "mostly aren't real." The impetus may have been an AP report that says most of the cuts "either affect future budgets or amount to accounting gimmicks that won't reduce actual spending."
Comments (20)
  • TrueConservative
    , contributor
    Comments (70) | Send Message
     
    Reagan would have had the debt at zero by now!!!
    12 Apr 2011, 05:59 PM Reply Like
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    Reagan ran up a huge deficit during the early years of his Administration. The difference between Reagan and Obama is that Reagan had a plan to reduce the deficit. All that Obama plans is his next vacation and golf outing.
    12 Apr 2011, 06:09 PM Reply Like
  • wyostocks
    , contributor
    Comments (9115) | Send Message
     
    Reagan had a democratic congress-----remember the fights with Tip O'Neil. Spending bills do originate in the house, you know.
    12 Apr 2011, 06:20 PM Reply Like
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    It is the responsibility of the President to propose a budget. It is the responsibility of the Congress (House) to approve or disapprove the budget as proposed. Obama has no proposal before the House for 2011.
    12 Apr 2011, 06:32 PM Reply Like
  • Freedoms Truth
    , contributor
    Comments (1068) | Send Message
     
    More important difference - Reagan had pro-growth policies, while Obama does not.
    12 Apr 2011, 11:51 PM Reply Like
  • joro_ianev
    , contributor
    Comments (400) | Send Message
     
    The President lied to us?!? I am shocked! ... Not really; given the string of lies he has already told this should have been expected. Boener, on the other hand, needs to be slapped around for going along with the lie. Spineless on his part.
    12 Apr 2011, 06:05 PM Reply Like
  • DVW
    , contributor
    Comments (156) | Send Message
     
    With nearly half the population reliant on government to survive in one way or another, cutting spending is to be avoided (if you're a politician) because it will cause civil unrest!

     

    Our government doesnt do anything until it's too late and then over does it to the opposite extreme, so expect the same behavior with the budget.
    12 Apr 2011, 06:09 PM Reply Like
  • Dan in mpls
    , contributor
    Comments (243) | Send Message
     
    Most of the people I know who are scamming the government, food stamps, welfare, phony pensions, low income tax rebates, know that its going to end but are riding it for what its worth as well they should.
    They won't riot when they are cut off.
    12 Apr 2011, 06:16 PM Reply Like
  • dividend_growth
    , contributor
    Comments (2895) | Send Message
     
    Government entitlement/welfare programs create dependency or harshly put, addiction.

     

    Addiction withdrawal is always painful, but the sooner it is done, the better.
    12 Apr 2011, 11:39 PM Reply Like
  • kmi
    , contributor
    Comments (4605) | Send Message
     
    Dan -

     

    I spoke to a guy who does work for me sometimes who is illegally here from Mexico, and he tells me the latin community is already distraught about the changes to health services. My experience is that latins here legally usually vote along with the needs for those here not and my expectation is that if any latins were going to vote repub next election the budget cuts most likely changed their mind.

     

    Considering that Bloomberg ran a piece detailing that the greatest changes in population in the latest census come from latin immigrants you can be certain that Boehner is not making friends amongst a growing segment of america.

     

    We have yet to see whether that will make a difference in 2012, but don't think that just cause folks are scamming the system they won't won't vote themselves the continued ability to do so.
    13 Apr 2011, 11:22 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3360) | Send Message
     
    Obama's claims of intent to address the deficit "Mostly Aren't Real" either.
    12 Apr 2011, 06:09 PM Reply Like
  • Dawgeatdog
    , contributor
    Comments (83) | Send Message
     
    Untrue! Obama addressed the deficit. "Good morning, Mr deficit. Would you like something more? I hear that ritzy smorgasbord down the street is selling lobster by the boatload. Would you like to join me?"
    12 Apr 2011, 07:19 PM Reply Like
  • mikeybronx
    , contributor
    Comments (382) | Send Message
     
    The funny thing about this budget cut is that a Boehner program was instituted.
    12 Apr 2011, 07:22 PM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    Democrats and Republican have not interset in cutting budget or debt.

     

    Republican stratigy -- Cust spending for poor and give tax break to rich

     

    Democrat -- Increase speinding for poor and increase tax to rich.

     

    You need neutral stratigy for reform -- Cut spedning and tax rich.
    12 Apr 2011, 07:39 PM Reply Like
  • 7footMoose
    , contributor
    Comments (2229) | Send Message
     
    Try taking a course in basic English before you post again.
    12 Apr 2011, 07:44 PM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    Did several times. Did not work. Next
    12 Apr 2011, 07:51 PM Reply Like
  • davidbdc
    , contributor
    Comments (3194) | Send Message
     
    Well, I guess if we want to be optimistic at least this "left over" money won't be spent.

     

    This is just another sad example of whats wrong in DC. Just as we spend money that isn't coming in - now they cut things that don't really exist.

     

    Now I'm for not voting to raise the debt ceiling. We need to take our medicine and the sooner the better. I don't care if the stock market goes down 50%. I don't care how many rich people lose their shirts. NO bailouts, no back pay, cut every damn thing!
    12 Apr 2011, 08:15 PM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    Rich people never loose. Only poor.
    12 Apr 2011, 08:20 PM Reply Like
  • tigersam
    , contributor
    Comments (1707) | Send Message
     
    By the way if you think debt ceiling is not going to raise, take your money out of the bank now. It will be zero otherwise.
    12 Apr 2011, 08:24 PM Reply Like
  • KJP712
    , contributor
    Comments (469) | Send Message
     
    Congress is a Gimmick.
    12 Apr 2011, 09:19 PM Reply Like
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