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#695010 - 07/21/11 05:58 PM a couple question about the debt cap
larryb Offline
The Rainman

Registered: 03/05/01
Posts: 2314
Loc: elma washington
with all the talk about cutting medicare and ss why do we not hear anything about cutting foreign aid?
if they don't raise the debt limit and ss check are not sent out will Congress still get paid


Edited by larryb (07/21/11 05:59 PM)
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#695038 - 07/21/11 07:11 PM Re: a couple question about the debt cap [Re: larryb]
Salmo g. Offline
River Nutrients

Registered: 03/08/99
Posts: 13645
Because Medicare and SS comprise a large % of the federal budget. Foreign aid, like even the smallest budge line item, is significant, but eliminating any of those lesser items doesn't really do much overall. The big 3 are medicare, SS, and Defense. You have to cut one or more of those to make a noticeable dent.

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#695050 - 07/21/11 07:32 PM Re: a couple question about the debt cap [Re: Salmo g.]
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4626
Loc: Somewhere on the planet,I hope

The monthly tax revenue is enough to pay SS, Medicare, the military, and interest on the debt then it starts getting shaky. This is BS issue that is being run up the pole by both parties as they continue their little pissing match as federal spending needs to stay around 20% GDP and taxes adjusted. ( the prez likes around 23% ) Taxes ideally need to go back to the level of the Clinton presidency along with spending adjusted for inflation but both sides are to busy putting out garbage prop up this idiotic system we have now..

BO is showing that he knows how to manage a issue to get re elected but not exactly leading the way out of the darkness so to speak. Some say let the crap fly now as the spending will continue to the bloody assholes to break the economy and it will just happen down the road.

Pick your poison as it is a spectator sport. grin
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#695064 - 07/21/11 08:05 PM Re: a couple question about the debt cap [Re: ]
fish4brains Offline
Dah Rivah Stinkah Pink Mastah

Registered: 08/23/06
Posts: 6217
Loc: zipper
Originally Posted By: AuntyM


I'd prefer to just poison both sides and start over. The new guys would be more careful.


They're all a bunch of self serving liars.
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Propping up an obsolete fishing industry at the expense of sound fisheries management is irresponsible. -Sg



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