
The GOP has been telling the Tea Party movement, don’t worry about the non-existent cuts we are making in the 2011 budget that should have already been passed. Wait until the 2012 budget comes out. We will make major cuts.
Now the details are coming out about their proposed budget.
The only possible response I can think of is immortal line of Lloyd Bridges from the movie airport, “I picked the wrong week to quit drinking.”
The news reports have breathlessly announced the GOP bill would propose $4 trillion in budget cuts. Since the current budget is only $3.5 trillion and we know we are not going to totally eliminate the federal government, obviously, there is a catch. The catch is the plan to cut $4 trillion from the federal budget is spread out over TEN YEARS.
I think someone in the GOP needs to quit drinking.
I will freely concede math is not my strong suit, but let’s do some basic math.
The current budget is $3.5 trillion with a $1.65 trillion deficit. Let’s assume for a second tax revenues will remain constant. That is a big assumption given the spectacular job the party of treason has done in tanking the economy. If we are only going to cut $400 billion a year from the budget, that is going to leave a deficit each year of approximately $1.25 trillion. Over ten years, that is $12.5 trillion in additional debt. Right now our national debt stands at $14 trillion, or almost 100% of our GDP. Even with the GOP plan, that will put our 2021 national debt at $26 trillion. That is almost 200% of our current GDP. That is the best-case scenario.
This could and probably will get a lot worse. This year, the GOP started by promising $100 billion in budget cuts. It looks like we are only going to get $33 billion.
General Dwight Eisenhower once said plans seldom survive the initial contact with the enemy. Paul Ryan’s plan will not.
Given the recent history, which is a pretty good guide to go by, that $400 billion per year is going to turn into $133 billion per year. If that happens, the debt will shoot up to almost $30 trillion by 2021. Our economy will collapse at this rate.
We the people are going to have to step in. Our make or break moment is the legislation to increase the debt ceiling. We have to tell congress not to raise the debt ceiling. This will cause problems but those problems will pale in comparison to the problems we will have when the economy collapses from the debt we are accumulating.
According to World Net Daily, 142 Congressmen are ready to vote no to an increase in the debt ceiling. We need 218. The last two weeks of April will be congress’ spring break. Many of the congressmen will be coming home during that break. You need to go to them and tell them break with Boehner and do not vote to increase the debt ceiling. If we do not increase the debt ceiling, this Congress will have to deal with the problem now.
But guess what? That is what we pay them for.
Tags: boehner, budget, debt., deficit, gop, john, paul, republican, ryan
Permalink Reply by Gene Simmons on April 3, 2011 at 2:40pm
Permalink Reply by JOHN DELASAUX on April 3, 2011 at 6:06pm To be more explicit, the Democrats never passed one. In last years' Congress, the Democrats controlled which bills were voted on.
So, apparently, the Democrats DIDN'T WANT THERE TO BE A BUDGET. They wanted to put the heat on the Republicans in the House, and then kill anything which was sent from the House to the Senate.
Just more proof that the Democrats will do anything to get their way - keep spending and raising taxes, and keep pushing a new budget farther away.
Instead of wasting your energy on beating up the GOP, how about yelling at the Democrats and promising them that they will lose the next election for their nefarious behavior?
Permalink Reply by Clarence E. DeBarrows on April 3, 2011 at 2:43pm
Permalink Reply by Phillip J. Barker on April 3, 2011 at 2:49pm
Permalink Reply by Royce Latham on April 4, 2011 at 2:13am
Permalink Reply by Pat Fisher on April 3, 2011 at 2:48pm
Permalink Reply by JOHN DELASAUX on April 3, 2011 at 4:03pm
Permalink Reply by Phillip J. Barker on April 3, 2011 at 3:01pm
Permalink Reply by JOHN DELASAUX on April 3, 2011 at 4:01pm "....it took Clinton and Gingrich to balance the budget and put us in sight of being debt free."
Gingrich rammed a balanced budget down Clinton's throat. Congress is the driving power behind the budget. That's why Bush took a beating in 2007-2008, when Pelosi ran the House. He didn't exercise his Veto power, in a vain attempt to "get along" with the Dems. That policy always leads to a surprise disaster.
"Reach out across the aisle to Democrats who are sympathetic to balanced budgets." Being for a "Balanced Budget" in itself is easy to say, and easy to sidestep. Very few Democrats take the next step and strongly support "Lower Spending". Reaching out to Democrats is like putting your arm into a box of rattlesnakes.
"....neither party sees the Tea Party movement as more than a nuisance." That is not a correct evaluation of the situation. The Tea Party has installed many PC's into the GOP, and they are having a lot of influence. They sewed up the last election in many states and in the House. We just couldn't get to the Senate last time because only 1/3 of them were up for election. Next time, we can get to another third. It will take another two years after that to finish cleaning up the Senate.
Boehner's problem isn't in the House. It is in the Senate. It is hard to pull together the House vote, when the bill will be killed in the Senate, and Reid and his cronies will find 9 ways to blame the problem on Boehner and the GOP, no matter what he put in the bill.
We are dealing with the Dems, who will say or do anything to get their way -- more spending, more entitlements, more helpless "victims" of the "evil GOP" being saved by the Dems.
We just have to stay strong, put more PC's into the GOP and elect more conservative votes into the House and Senate.
I know there are a lot of Tea Partiers who are complaining about Boehner, but not one of you would trade places with him at this instant in the budget crisis. The budget crisis is NOT the war, it is only one battle in the bigger war -- to run the Dems out of control of our Federal Government.
Permalink Reply by Phillip J. Barker on April 3, 2011 at 5:50pm Shibo Ku,
You've got it! It is the "quid pro quo" that is so instututionalized that the existing government system (not the structure) needs to be reformed, and replaced with the Constitutional form of government our Founders envisioned.
Permalink Reply by Judson Phillips on April 3, 2011 at 6:00pm
Permalink Reply by Phillip J. Barker on April 3, 2011 at 6:25pm © 2013 Created by Judson Phillips.
