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Thread: The Budget Explained In Simple English

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    Vaark's Avatar
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    It Is What It Is The Budget Explained In Simple English

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


    .


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    Tunaphish429's Avatar
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    Pretty stupid that we can't find a way to balance the budget..


    Lets borrow more money from China to send aid to China...
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    Dolphins9954's Avatar
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    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.





    "Politics is the Art of Looking for Trouble, Finding it Everywhere, Diagnosing it Incorrectly, and Applying the Wrong Remedies"
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    Eshlemon's Avatar
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    http://www.whitehouse.gov/sites/defa...ssets/spec.pdf

    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!
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    LANGER72's Avatar
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    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.
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    LANGER72's Avatar
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    Quote Originally Posted by Dolphins9954 View Post
    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.
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    Dolphins9954's Avatar
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    Quote Originally Posted by LANGER72 View Post
    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.
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