The Budget Explained In Simple English

[Vaark]

... and the misplaced pride of congressional budget-cutters brought home in terms with which most everyone can identify!
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[Tunaphish429]

Pretty stupid that we can't find a way to balance the budget..


Lets borrow more money from China to send aid to China...

[Dolphins9954]

I love how Newt keeps talking about how he balanced the budget 4 years in a row. But leaves out the part where he used SS money to do it.

[Eshlemon]

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2012 WH Budget

Spending-3.73 trillion
Revenue-2.62 trillion
Deficit-1.17 trillion
Debt-15.3 trillion
GDP-15 trillion

Deficity decreased annualy to 610 billion by 2015, defecit increasing to 650 billon in 2016.

Projected by 2016
Spending-4.5 trillion
Revenue-3.8 trillion
Deficit-650 billiion
Debt-18 trillion
GDP-20 trillion

Senate 2012 budget:

Even though required by law, for 4th year in a row not doing one.

House 2012 budget:

Underworks...expect cuts to be substantial! Instead of 38 billion last year 40 billion!

[LANGER72]

As long as Obama is in office, he will kick the budget can down the road. Increasing taxes, and borrowing more... to spend more.

Just brilliant financial planning.

WTF does he care, he hates this country, it's money earning citizens, it's institutions, it's history, and it's friends.

[LANGER72]

I love how Newt keeps talking about how he balanced the budget 4 years in a row. But leaves out the part where he used SS money to do it.

The hero Bill Clinton drooled all over that budget before he signed that puppy and the liberal party still uses those years as a talking point. "George Bush came into office with a surplus BS". That is OK though.
It is all Newt's fault now.

[Dolphins9954]

The hero Bill Clinton drooled all over that budget before he signed that puppy and the liberal party still uses those years as a talking point. "George Bush came into office with a surplus BS". That is OK though.
It is all Newt's fault now.

I would rather have Clinton's 1.9 trillion dollar budget right now that's for sure. Newt and Clinton both leave out the fact that they used SS money to balance the budget. So Newt is just as bad as Clinton when he touts his "balanced the budget" credentials.