Fiscal Cliff?

BDKJMU · Post by **BDKJMU** » Tue Dec 04, 2012 4:51 pm

houndawg wrote:
AZGrizFan wrote:
Well, wedgie....unless SOMETHING is done all us gullable saps under the age of 60 won't get any of the money WE are entitled to that WE paid into the system because it'll be **** BROKE.

Is that really that difficult to understand? Are the current beneficiaries MORE entitled to the money they paid in than WE are? And REFORMING entitlement isn't "squelching" (whatever the **** THAT means) on social security...it's making minor course changes to maintain a financially viable system for those who've paid in hundreds of thousands of dollars but have little to no shot of ever actually SEEING any of that money come back in our golden years.

Remove the income cap on SS taxes and we're good for another 60 years.

Its suppose to be a RETIREMENT program. You are paid out based on what you put in. You remove the caps on what you pay in then you remove the caps on what you receive upon retirement. So your solution would do nothing.

BDKJMU · Post by **BDKJMU** » Tue Dec 04, 2012 4:53 pm

AZGrizFan wrote:
Grizalltheway wrote:

Alright Z, show us ONE inkling of evidence that SS will "go broke" in your lifetime, or hell, even MINE. I'll wait.

According to a new analysis from USA Today, American households are now on the hook for $534,000 to pay for the county’s debt and the unfunded obligations, or excess costs, for programs like Social Security and Medicare.

USA Today reveals the eye-popping numbers for the federal government’s mounting fiscal problems. A staggering $5.3 trillion was added to the government’s tab last year, putting the overall figure at an astonishing $61.6 trillion.

The report offers fresh evidence that the time to act is now. Entitlement programs, in particular, are driving the debt crisis, despite what some in Congress and the White House would have you believe.

USA Today puts the increase for Medicare at $1.8 trillion. Social Security wasn’t far behind with $1.4 trillion increase.
Do you know what an unfunded obligation is? Do you know how REAL companies, who are required to follow REAL accounting rules, have to account for unfunded obligations?

This fairy-tale accounting method used by our federal govenment is a **** joke. They're the ONLY organization allowed to operate this way. Hell, even state governments have to balance a budget.

Exactly. I can't believe some idiot on here thinks there's no evidence FICA will go broke in our lifetime.

Post by **SDHornet** » Tue Dec 04, 2012 7:50 pm

AZGrizFan wrote: Do you know what an unfunded obligation is? Do you know how REAL companies, who are required to follow REAL accounting rules, have to account for unfunded obligations?

This fairy-tale accounting method used by our federal govenment is a fucking joke. They're the ONLY organization allowed to operate this way. Hell, even state governments have to balance a budget.

Wrong!!!
Signed,

California.

Post by **kalm** » Tue Dec 04, 2012 9:23 pm

BDKJMU wrote:
AZGrizFan wrote:

Do you know what an unfunded obligation is? Do you know how REAL companies, who are required to follow REAL accounting rules, have to account for unfunded obligations?

This fairy-tale accounting method used by our federal govenment is a **** joke. They're the ONLY organization allowed to operate this way. Hell, even state governments have to balance a budget.
Exactly. I can't believe some idiot on here thinks there's no evidence FICA will go broke in our lifetime.

If this is really that big of a concern, you should be the #1 fan of ending the war on drugs and cutting our military budge in half in addition to entitlement cuts. And you should NEVER vote for a Republican again as they are equally bad about spending.

Post by **AZGrizFan** » Tue Dec 04, 2012 10:42 pm

kalm wrote:
BDKJMU wrote:
Exactly. I can't believe some idiot on here thinks there's no evidence FICA will go broke in our lifetime.
If this is really that big of a concern, you should be the #1 fan of ending the war on drugs and cutting our military budge in half in addition to entitlement cuts. And you should NEVER vote for a Republican again as they are equally bad about spending.

I agree.

End the war on poverty.
End the war on drugs.
End the war on terrorism.
Stop being the world's policeman.
End our membership in the U.N. and kick them out of America.
End all farm subsidies.
End all foreign aid.
Eliminate the DOE.
Eliminate the DHS.
Eliminate the Fed.
Eliminate the IRS, eliminate all income taxes and convert to consumption-based national sales tax.
Limit unemployment to 26 weeks. Period.
Limit welfare to 26 weeks. Period.
Privatize social security, or allow opt-out.
Close 90% of all overseas military bases.
Cut $3 from the remaining budget for every $1 in increased revenue generation.

Post by **Ibanez** » Wed Dec 05, 2012 9:37 am

An internet listing of all U.S. government departments and agencies. Think there might be a department or two in this list that could go away and NOONE would notice?

•AbilityOne Commission
•Access Board
•Administration for Children and Families (ACF)
•Administration for Native Americans
•Administration on Aging (AoA)
•Administration on Developmental Disabilities
•Administrative Committee of the Federal Register
•Administrative Conference of the United States
•Administrative Office of the U.S. Courts
•Advisory Council on Historic Preservation
•African Development Foundation
•Agency for Healthcare Research and Quality (AHRQ)
•Agency for International Development (USAID)
•Agency for Toxic Substances and Disease Registry
•Agricultural Marketing Service
•Agricultural Research Service
•Agriculture Department
•Air Force
•Alcohol and Tobacco Tax and Trade Bureau
•Alcohol, Tobacco, Firearms, and Explosives Bureau
•American Battle Monuments Commission
•AmeriCorps
•Amtrak
•Animal and Plant Health Inspection Service
•Antitrust Division
•Appalachian Regional Commission
•Architect of the Capitol
•Archives (National Archives and Records Administration)
•Arctic Research Commission
•Armed Forces Retirement Home
•Arms Control and International Security
•Army
•Army Corps of Engineers
•Arthritis and Musculoskeletal Interagency Coordinating Committee
•Bankruptcy Courts
•Barry M. Goldwater Scholarship and Excellence in Education Program
•Bonneville Power Administration
•Botanic Garden
•Broadcasting Board of Governors
•Bureau of Alcohol and Tobacco Tax and Trade
•Bureau of Alcohol, Tobacco, Firearms, and Explosives
•Bureau of Citizenship and Immigration Services (USCIS)
•Bureau of Consumer Financial Protection
•Bureau of Economic Analysis (BEA)
•Bureau of Engraving and Printing
•Bureau of Indian Affairs (BIA)
•Bureau of Industry and Security
•Bureau of International Labor Affairs
•Bureau of Justice Statistics
•Bureau of Labor Statistics
•Bureau of Land Management (BLM)
•Bureau of Prisons
•Bureau of Reclamation
•Bureau of the Census
•Bureau of the Public Debt
•Bureau of Transportation Statistics
•Capitol Police
•Capitol Visitor Center
•Census Bureau
•Center for Food Safety and Applied Nutrition
•Centers for Disease Control and Prevention (CDC)
•Centers for Medicare & Medicaid Services (CMS)
•Central Intelligence Agency (CIA)
•Chemical Safety and Hazard Investigation Board
•Chief Acquisition Officers Council
•Chief Financial Officers Council
•Chief Human Capital Officers Council
•Chief Information Officers Council
•Citizens' Stamp Advisory Committee
•Citizenship and Immigration Services (USCIS)
•Coast Guard
•Commerce Department
•Commission of Fine Arts
•Commission on Civil Rights
•Commission on International Religious Freedom
•Commission on Security and Cooperation in Europe (Helsinki Commission)
•Committee for the Implementation of Textile Agreements
•Committee on Foreign Investment in the United States
•Community Oriented Policing Services (COPS)
•Community Planning and Development
•Compliance, Office of
•Computer Emergency Readiness Team (US CERT)
•Congress—U.S. House of Representatives
•Congress—U.S. Senate
•Congressional Budget Office (CBO)
•Congressional Research Service
•Constitution Center
•Consumer Financial Protection Bureau
•Consumer Financial Protection Bureau
•Consumer Product Safety Commission (CPSC)
•Coordinating Council on Juvenile Justice and Delinquency Prevention
•Copyright Office
•Corporation for National and Community Service
•Corps of Engineers
•Council of Economic Advisers
•Council on Environmental Quality
•Court of Appeals for the Armed Forces
•Court of Appeals for the Federal Circuit
•Court of Appeals for Veterans Claims
•Court of Federal Claims
•Court of International Trade
•Court Services and Offender Supervision Agency for the District of Columbia
•Customs and Border Protection
•Defense Acquisition University
•Defense Advanced Research Projects Agency (DARPA)
•Defense Commissary Agency
•Defense Contract Audit Agency (DCAA)
•Defense Contract Management Agency
•Department of Defense (DOD)
•Defense Field Activities
•Defense Finance and Accounting Services (DFAS)
•Defense Information Systems Agency (DISA)
•Defense Intelligence Agency (DIA)
•Defense Legal Services Agency
•Defense Logistics Agency (DLA)
•Defense Nuclear Facilities Safety Board
•Defense Security Cooperation Agency (DSCA)
•Defense Security Service (DSS)
•Defense Technical Information Center
•Defense Threat Reduction Agency (DTRA)
•Delaware River Basin Commission
•Denali Commission
•Department of Agriculture
•Department of Defense Inspector General
•Department of Education (ED)
•Department of Energy (DOE)
•Department of Health and Human Services
•Department of Homeland Security (DHS)
•Department of Housing and Urban Development (HUD)
•Department of Justice (DOJ)
•Department of Labor (DOL)
•Department of State (DOS)
•Department of the Interior (DOI)
•Department of the Treasury
•Department of Transportation (DOT)
•Department of Veterans Affairs (VA)
•Director of National Intelligence, Office of
•Domestic Policy Council
•Drug Enforcement Administration
•Economic Adjustment Office
•Economic Analysis, Bureau of
•Economic Development Administration (EDA)
•Economic Research Service
•Economic, Business and Agricultural Affairs
•Economics and Statistics Administration
•Education Department
•Election Assistance Commission
•Elementary and Secondary Education, Office of
•Employee Benefits Security Administration (EBSA)
•Employment and Training Administration
•Endangered Species Committee
•Energy Department
•Energy Information Administration
•English Language Acquisition Office
•Engraving and Printing, Bureau of
•Environmental Management (Energy Department)
•Environmental Protection Agency (EPA)
•Equal Employment Opportunity Commission (EEOC)
•European Command
•Executive Office for Immigration Review
•Export-Import Bank of the United States
•Fair Housing and Equal Opportunity (FHEO)
•Farm Credit Administration
•Farm Credit System Insurance Corporation
•Farm Service Agency
•Federal Accounting Standards Advisory Board
•Federal Aviation Administration (FAA)
•Federal Bureau of Investigation (FBI)
•Federal Bureau of Prisons
•Federal Communications Commission (FCC)
•Federal Consulting Group
•Federal Deposit Insurance Corporation (FDIC)
•Federal Election Commission
•Federal Emergency Management Agency (FEMA)
•Federal Energy Regulatory Commission
•Federal Executive Boards
•Federal Financial Institutions Examination Council
•Federal Financing Bank
•Federal Geographic Data Committee
•Federal Highway Administration
•Federal Home Loan Mortgage Corporation (Freddie Mac)
•Federal Housing Finance Agency
•Federal Interagency Committee for the Management of Noxious and Exotic Weeds
•Federal Interagency Committee on Education
•Federal Interagency Council on Statistical Policy
•Federal Judicial Center
•Federal Labor Relations Authority
•Federal Laboratory Consortium for Technology Transfer
•Federal Law Enforcement Training Center
•Federal Library and Information Center Committee
•Federal Maritime Commission
•Federal Mediation and Conciliation Service
•Federal Mine Safety and Health Review Commission
•Federal Motor Carrier Safety Administration (FMCSA)
•Federal National Mortgage Association (Fannie Mae)
•Federal Railroad Administration
•Federal Reserve System
•Federal Retirement Thrift Investment Board
•Federal Student Aid Information Center
•Federal Trade Commission (FTC)
•Federal Transit Administration
•Federal Voting Assistance Program
•Financial Management Service (Treasury Department)
•Fiscal Responsibility and Reform, National Commission
•Fish and Wildlife Service
•Food and Drug Administration (FDA)
•Food Safety and Inspection Service
•Foreign Agricultural Service
•Foreign Claims Settlement Commission
•Forest Service
•Fossil Energy
•Fulbright Foreign Scholarship Board
•General Services Administration (GSA)
•Geological Survey
•Global Affairs (State Department)
•Government Accountability Office (GAO)
•Government Ethics, Office of
•Government National Mortgage Association
•Government Printing Office (GPO)
•Grain Inspection, Packers and Stockyards Administration
•Harry S. Truman Scholarship Foundation
•Health and Human Services Department
•Health Resources and Services Administration
•Healthy Homes and Lead Hazard Control Office
•Helsinki Commission (Commission on Security and Cooperation in Europe)
•Holocaust Memorial Museum
•Homeland Security Department
•House Leadership Offices
•House of Representatives
•House of Representatives Committees
•House Office of Inspector General
•House Office of the Clerk
•House Organizations, Commissions, and Task Forces
•Housing Office (HUD)
•Illinois and Michigan Canal National Heritage Corridor Commission
•Immigration and Customs Enforcement
•Indian Affairs
•Indian Arts and Crafts Board
•Indian Health Service
•Industrial College of the Armed Forces
•Industry and Security, Bureau of
•Information Resource Management College
•Information Resources Center
•Innovation and Improvement Office
•Inspectors General
•Institute of Education Sciences
•Institute of Museum and Library Services
•Institute of Peace
•Inter-American Foundation
•Interagency Alternative Dispute Resolution Working Group
•Interagency Council on Homelessness
•Interior Department
•Internal Revenue Service (IRS)
•International Labor Affairs, Bureau of
•International Trade Administration (ITA)
•International Trade Commission
•Interpol
•James Madison Memorial Fellowship Foundation
•Japan-United States Friendship Commission
•Job Corps
•John F. Kennedy Center for the Performing Arts
•Joint Board for the Enrollment of Actuaries
•Joint Chiefs of Staff
•Joint Congressional Committee on Inaugural Ceremonies
•Joint Fire Science Program
•Joint Forces Command
•Joint Forces Staff College
•Joint Military Intelligence College
•Judicial Circuit Courts of Appeal
•Judicial Panel on Multidistrict Litigation
•Justice Department
•Justice Programs, Office of
•Justice Statistics, Bureau of
•Juvenile Justice and Delinquency Prevention, Office of
•Labor Department (DOL)
•Labor Statistics, Bureau of
•Land Management, Bureau of
•Legal Services Corporation
•Library of Congress
•Marine Corps
•Marine Mammal Commission
•Maritime Administration
•Marketing and Regulatory Programs (Agriculture Department)
•Marshals Service
•Mediation and Concitiation Service, Office of
•Medicaid and CHIP Payment and Access Commission
•Medicare Payment Advisory Commission
•Merit Systems Protection Board
•Migratory Bird Conservation Commission
•Military Postal Service Agency
•Millennium Challenge Corporation
•Mine Safety and Health Administration
•Minority Business Development Agency
•Mint
•Missile Defense Agency (MDA)
•Mississippi River Commission
•Morris K. Udall and Stewart L. Udall Foundation
•Multifamily Housing Office
•National Aeronautics and Space Administration (NASA)
•National Agricultural Statistics Service
•National AIDS Policy Office
•National Archives and Records Administration (NARA)
•National Bipartisan Commission on the Future of Medicare
•National Capital Planning Commission
•National Cemetery Administration (NCA)
•National Commission on Fiscal Responsibility and Reform
•National Constitution Center
•National Council on Disability (NCD)
•National Counterintelligence Executive, Office of
•National Credit Union Administration
•National Defense University
•National Drug Intelligence Center
•National Economic Council
•National Endowment for the Arts
•National Endowment for the Humanities
•National Gallery of Art
•National Geospatial-Intelligence Agency
•National Guard
•National Highway Traffic Safety Administration (NHTSA)
•National Indian Gaming Commission
•National Institute of Food and Agriculture
•National Institute of Justice
•National Institute of Standards and Technology (NIST)
•National Institutes of Health (NIH)
•National Interagency Fire Center
•National Labor Relations Board
•National Laboratories (Energy Department)
•National Marine Fisheries Service
•National Mediation Board
•National Nuclear Security Administration
•National Ocean Service
•National Oceanic and Atmospheric Administration (NOAA)
•National Park Foundation
•National Park Service
•National Railroad Passenger Corporation
•National Railroad Passenger Corporation (AMTRAK)
•National Reconnaissance Office
•National Science Foundation
•National Security Agency (NSA)
•National Security Council
•National Technical Information Service
•National Telecommunications and Information Administration
•National Transportation Safety Board
•National War College
•National Weather Service (NOAA)
•Natural Resources Conservation Service
•Navy
•Northern Command
•Northwest Power Planning Council
•Nuclear Energy, Science and Technology
•Nuclear Regulatory Commission
•Nuclear Waste Technical Review Board
•Oak Ridge National Laboratory
•Occupational Safety and Health Review Commission
•Office for Civil Rights, Department of Education
•Office of Compliance
•Office of Disability Employment Policy
•Office of Elementary and Secondary Education (OESE)
•Office of Government Ethics
•Office of Juvenile Justice and Delinquency Prevention
•Office of Management and Budget (OMB)
•Office of Mediation and Concitiation Service
•Office of National Drug Control Policy (ONDCP)
•Office of Personnel Management (OPM)
•Office of Refugee Resettlement
•Office of Science and Technology Policy
•Office of Scientific and Technical Information
•Office of Special Counsel
•Office of the Comptroller of the Currency (OCC)
•Office of the Director of National Intelligence
•Office of the Pardon Attorney
•Open World Leadership Center
•Overseas Private Investment Corporation
•Pacific Command
•Pardon Attorney, Office of
•Parole Commission (Justice Department)
•Peace Corps
•Pension Benefit Guaranty Corporation (PBGC)
•Pentagon Force Protection Agency
•Pipeline and Hazardous Materials Safety Administration
•Policy Development and Research
•Political Affairs (State Department)
•Postal Regulatory Commission
•Postal Service
•Power Administrations
•President's Council on Physical Fitness and Sports
•Presidio Trust
•Prisoner of War/Missing Personnel Office
•Public and Indian Housing
•Public Diplomacy and Public Affairs (State Department)
•Radio Free Asia
•Radio Free Asia (RFA)
•Radio Free Europe/Radio Liberty (RFE/RL)
•Railroad Retirement Board (RRB)
•Reclamation, Bureau of
•Refugee Resettlement, Office of
•Regulatory Information Service Center
•Rehabilitation Services Administration (Education Department)
•Research and Innovative Technology Administration
•Risk Management Agency (Agriculture Department)
•Rural Business and Cooperative Programs
•Rural Development
•Rural Housing Service
•Rural Utilities Service
•Saint Lawrence Seaway Development Corporation
•Science and Technology Policy, Office of
•Science Office (Energy Department)
•Scientific and Technical Information, Office of
•Secret Service
•Securities and Exchange Commission (SEC)
•Selective Service System (SSS)
•Senate
•Small Business Administration (SBA)
•Smithsonian Institution
•Social Security Administration (SSA)
•Social Security Advisory Board
•Southeastern Power Administration
•Southern Command
•Southwestern Power Administration
•Special Forces Operations Command
•State Department
•State Justice Institute
•Stennis Center for Public Service
•Strategic Command
•Substance Abuse and Mental Health Services Administration
•Supreme Court of the United States
•Surface Mining, Reclamation and Enforcement
•Surface Transportation Board
•Susquehanna River Basin Commission
•Tax Court
•Taxpayer Advocacy Panel
•Tennessee Valley Authority
•Trade and Development Agency
•Transportation Command
•Transportation Department
•Transportation Security Administration (TSA)
•Transportation Statistics, Bureau of
•Treasury Department
•TRICARE Management
•Trustee Program
•Trustee Program (Justice Department)
•U.S. AbilityOne Commission
•U.S. Access Board
•U.S. Agency for International Development (USAID)
•U.S. Air Force
•U.S. Arctic Research Commission
•U.S. Army
•U.S. Army Corps of Engineers
•U.S. Botanic Garden
•U.S. Capitol Police
•U.S. Capitol Visitor Center
•U.S. Central Command (CENTCOM)
•U.S. Citizenship and Immigration Services
•U.S. Coast Guard
•U.S. Commission of Fine Arts
•U.S. Commission on International Religious Freedom
•U.S. Commodity Futures Trading Commission (CFTC)
•U.S. Customs and Border Protection
•U.S. Department of Agriculture (USDA)
•U.S. Department of Commerce (DOC)
•U.S. Department of Health and Human Services (HHS)
•U.S. Election Assistance Commission (EAC)
•U.S. Fleet Forces Command
•U.S. Geological Survey (USGS)
•U.S. House of Representatives
•U.S. Immigration and Customs Enforcement
•U.S. International Trade Commission
•U.S. Military Academy, West Point
•U.S. Mission to the United Nations
•U.S. National Central Bureau - Interpol (Justice Department)
•U.S. Patent and Trademark Office
•U.S. Postal Service (USPS)
•U.S. Senate
•U.S. Sentencing Commission
•U.S. Trade and Development Agency
•U.S. Trade Representative
•U.S. Trustee Program
•Unified Combatant Commands (Defense Department)
•Uniformed Services University of the Health Sciences
•United States Mint
•United States Postal Inspection Service
•Veterans Affairs Department (VA)
•Veterans Benefits Administration
•Veterans Day National Committee
•Veterans' Employment and Training Service
•Vietnam Educational Foundation
•Voice of America
•Washington Headquarters Services
•Weather Service
•West Point (Army)
•Western Area Power Administration
•White House
•White House Commission on Presidential Scholars
•White House Office of Administration
•Women's Bureau (Labor Department)
•Woodrow Wilson International Center for Scholars

First off, that list has way too many repeats. Second, We still have a Bureau of Indian Affairs? Seriously?

Post by **AZGrizFan** » Wed Dec 05, 2012 10:20 am

A few examples of government agencies or departments that are absolute fluff, duplicate efforts, etc., etc.:

The Millennium Challenge Corporation (MCC) is a bilateral United States foreign aid agency established by Congress in 2004, applying a new philosophy toward foreign aid. It is an independent agency, separate from the State Department or USAID. The MCC has approximately 300 employees and a 2012 budget of $1.1 BILLION dollars.

OSHA, with 2387 employees and 2012 budget of $583 million, along with a SEPARATE Mine Safety and Health Administration with ANOTHER 2,430 employees and an additonal $360 million budget.

DOJ: Employs over 10,000 attorneys with a budget of $27.1 BILLION. WAFJ.

Bureau of Indian Affairs: an agency of the federal government of the United States within the U.S. Department of the Interior. It is responsible for the administration and management of 55,700,000 acres (225,000 km2) of land held in trust by the United States for Native Americans in the United States, Native American Tribes and Alaska Natives. Apparently this takes over 9,000 employees and an annual budget exceeding $2.8 BILLION.

Additionally, there's the Bureau of Indian Education costing another $127 million, which is responsible for overseeing the education of 41,000 indian children.

National Labor Relations Board, with over 1,100 employees and a bloated budget of over $300 million annually.

And perhaps the most inappropriately named government department EVER created, the newly minted Consumer Financial Protection Bureau, created as a result of the clusterfuck known as the Dodd-Frank Act, already costs the taxpayers an additonal $365 MILLION annually (estimated to climb to $598 million by FY2013, FYI).

Honestly, I could go on and on, as there's are literally HUNDREDS of departments/subdepartments/commissions etc. exactly like these that serve no viable purpose, but anyone with a brainstem can get the picture. But, as chizzang so often reminds us, the Government NEVER shrinks the government. And taxing the "rich" will be like putting a finger in the dike while water pours over the top. There's really only one logical outcome left, and it ain't gonna be pretty.

Post by **Ibanez** » Wed Dec 12, 2012 12:53 pm

http://www.cnn.com/2012/12/12/opinion/g ... ?hpt=hp_t2" onclick="window.open(this.href);return false;

The political argument that cutting defense spending will cost jobs is spurious. Pentagon spending purchases one item and does not provide greater economic benefits. The F-35 program is slated to cost $1.5 trillion over its lifetime; these are resources that are desperately needed elsewhere or could pay down the national debt.
After more than a decade of wars of dubious value, America will receive a greater return on investment by investing in our troops and veterans returning from Iraq and Afghanistan. Every dollar wasted on unnecessary programs could be caring for and training our servicemen and women.
Instead of building new toys that are kept in the garage, let's provide education and job training to veterans. Recent congressional refusal to approve such a jobs program is a disgrace.
Cutting Pentagon spending recognizes that national security is more than military power. The United States is stronger with a strong economy, sustainable jobs, investment in education, renewal of our infrastructure and a sensible energy strategy. Continuing to waste money when our nation should have other priorities is bad policy and bad for security.

Great article. I agree with much of what they say.

BDKJMU · Post by **BDKJMU** » Thu Dec 13, 2012 3:21 pm

Federal spending for FY 2013 is projected at 3.8 trillion for 2013.
http://www.usgovernmentspending.com/fed ... g_2013USrn" onclick="window.open(this.href);return false;
The so called Fiscal Cliff would only cut 110 billion of that for FY 2013 (the 1.2 trillion is spread over 10 yrs). That's only about 2.6%. If we can't even manage to cut that much, then we are truly f***ed.....

GannonFan · Post by **GannonFan** » Thu Dec 13, 2012 3:26 pm

BDKJMU wrote:Federal spending for FY 2013 is projected at 3.8 trillion for 2013.
http://www.usgovernmentspending.com/fed ... g_2013USrn" onclick="window.open(this.href);return false;
The so called Fiscal Cliff would only cut 110 billion of that for FY 2013 (the 1.2 trillion is spread over 10 yrs). That's only about 2.6%. If we can't even manage to cut that much, then we are truly f***ed.....

You're just catching on to this?

bluehenbillk · Post by **bluehenbillk** » Thu Dec 13, 2012 3:27 pm

BDKJMU wrote:Federal spending for FY 2013 is projected at 3.8 trillion for 2013.
http://www.usgovernmentspending.com/fed ... g_2013USrn" onclick="window.open(this.href);return false;
The so called Fiscal Cliff would only cut 110 billion of that for FY 2013 (the 1.2 trillion is spread over 10 yrs). That's only about 2.6%. If we can't even manage to cut that much, then we are truly f***ed.....

Amen brother

Post by **AZGrizFan** » Thu Dec 13, 2012 3:37 pm

GannonFan wrote:
BDKJMU wrote:Federal spending for FY 2013 is projected at 3.8 trillion for 2013.
http://www.usgovernmentspending.com/fed ... g_2013USrn" onclick="window.open(this.href);return false;
The so called Fiscal Cliff would only cut 110 billion of that for FY 2013 (the 1.2 trillion is spread over 10 yrs). That's only about 2.6%. If we can't even manage to cut that much, then we are truly f***ed.....
You're just catching on to this?

And that 2.6% "cut" is after the standard, built in 7% increase in gov't spending.

LeadBolt · Post by **LeadBolt** » Fri Dec 14, 2012 7:22 am

Why are we keeping the lights on in the National Constitution Center when we seem to have turned them out in large parts of the Constitution itself?

Post by **Ibanez** » Fri Dec 14, 2012 8:57 am

http://www.usatoday.com/story/news/poli ... f/1766559/" onclick="window.open(this.href);return false;

Post by **CAA Flagship** » Fri Dec 14, 2012 3:26 pm

Here's another way to look at the Debt Ceiling:

Let's say, You come home from work and find
there has been a sewer backup in your neighborhood....
and your home has sewage all the way up to your ceilings.

What do you think you should do ......

Raise the ceilings, or remove the shit?

Post by **grizzaholic** » Fri Dec 14, 2012 5:48 pm

Post by **Ibanez** » Fri Dec 14, 2012 8:11 pm

CAA Flagship wrote:Here's another way to look at the Debt Ceiling:

Let's say, You come home from work and find
there has been a sewer backup in your neighborhood....
and your home has sewage all the way up to your ceilings.

What do you think you should do ......

Raise the ceilings, or remove the shit?

Popper scooper dude

BDKJMU · Post by **BDKJMU** » Sat Dec 15, 2012 1:04 am

GannonFan wrote:
BDKJMU wrote:Federal spending for FY 2013 is projected at 3.8 trillion for 2013.
http://www.usgovernmentspending.com/fed ... g_2013USrn" onclick="window.open(this.href);return false;
The so called Fiscal Cliff would only cut 110 billion of that for FY 2013 (the 1.2 trillion is spread over 10 yrs). That's only about 2.6%. If we can't even manage to cut that much, then we are truly f***ed.....
You're just catching on to this?

I held out some optimism until recently. I began to come to the conclusion a few years ago we were pretty much past the point of no return with the govt bailouts + hearing about the 80> trillion in exploding national debt & unfunded entitlement liabilities + Obamacare + seeing what is happening with the great social welfare states in Europe + the election. Romney had the best economic resume of any major presidential party candidate in a generation, but I think he would have had a very slim chance to get it turned around. There is zero chance with the guy who never ran so much as a lemonade stand. No matter what, a plurality of the voters will continue to vote for things the govt cannot possibly provide that are mostly paid for by others, and they will continue to do that right up until what has become a massive womb to tomb social welfare state crumbles, just like it beginning to crumble in Europe. It won't mean the end of the country, but rather a very long, very painful economic readjustment period that could last a generation with prolific economic and social unrest.

Post by **Ibanez** » Sun Dec 16, 2012 8:54 am

House Speaker John Boehner has offered to include higher tax rates on the wealthiest Americans as part of a deficit-reduction deal to avoid the fiscal cliff, a source close to the talks confirmed to CNN on Saturday.

http://politicalticker.blogs.cnn.com/20 ... ?hpt=po_c2" onclick="window.open(this.href);return false;

The wealthy will not stop being proactive and trying to make a buck. We've had a 10 year tax holiday and I think this isn't even going further enough. NOW, let's do some serious cutting and reforming.

Democrats, your move.

Post by **danefan** » Sun Dec 16, 2012 6:35 pm

Ibanez wrote:
House Speaker John Boehner has offered to include higher tax rates on the wealthiest Americans as part of a deficit-reduction deal to avoid the fiscal cliff, a source close to the talks confirmed to CNN on Saturday.

http://politicalticker.blogs.cnn.com/20 ... ?hpt=po_c2" onclick="window.open(this.href);return false;
The wealthy will not stop being proactive and trying to make a buck. We've had a 10 year tax holiday and I think this isn't even going further enough. NOW, let's do some serious cutting and reforming.

Democrats, your move.

He had no choice. In addition to the fact that a majority of Americans believe rates should go up and the Business Roundtable (30 of the largest CEOs) wrote a letter to him requesting the change, the rates were going up January 1st whether Republicans liked it or not by simple operation of law.

Not as much as a compromise as acceptance of the inevitable.

Post by **HI54UNI** » Sun Dec 16, 2012 7:55 pm

Ibanez wrote:
House Speaker John Boehner has offered to include higher tax rates on the wealthiest Americans as part of a deficit-reduction deal to avoid the fiscal cliff, a source close to the talks confirmed to CNN on Saturday.

http://politicalticker.blogs.cnn.com/20 ... ?hpt=po_c2" onclick="window.open(this.href);return false;
The wealthy will not stop being proactive and trying to make a buck. We've had a 10 year tax holiday and I think this isn't even going further enough. NOW, let's do some serious cutting and reforming.

Democrats, your move.

None of it matters because it is all smoke and mirrors. All the cuts they are discussing are $1 trillion over 10 years. Meanwhile we have an annual deficit of $1.5 trillion.

Post by **Ibanez** » Tue Dec 18, 2012 7:59 am

C'mon Reps and Dems. We are so close. We're getting there.

For the first time, Boehner this weekend had offered to accept tax rate increases on household income over $1 million, sources said. Obama, who had stood steadfast at the threshold of $250,000, on Monday offered Boehner a package which would raise rates on household income above $400,000.
The president also offered ground on cuts to discretionary federal government spending. His initial offers had included no cuts; his latest offer cuts of $200 billion, divided evenly between defense and non-defense programs

Obama is working with you Republicans. We can get this deal done.

The source told CNN that Obama's latest offer includes $1.2 trillion in revenue increases on individual income and $1.22 trillion in spending reductions, though Boehner's office said the math adds up differently.

http://www.cnn.com/2012/12/17/politics/ ... ?hpt=hp_t3" onclick="window.open(this.href);return false;

Post by **UNI88** » Tue Dec 18, 2012 8:10 am

danefan wrote:
Ibanez wrote:
http://politicalticker.blogs.cnn.com/20 ... ?hpt=po_c2" onclick="window.open(this.href);return false;
The wealthy will not stop being proactive and trying to make a buck. We've had a 10 year tax holiday and I think this isn't even going further enough. NOW, let's do some serious cutting and reforming.

Democrats, your move.
He had no choice. In addition to the fact that a majority of Americans believe rates should go up and the Business Roundtable (30 of the largest CEOs) wrote a letter to him requesting the change, the rates were going up January 1st whether Republicans liked it or not by simple operation of law.

Not as much as a compromise as acceptance of the inevitable.

It might be inevitable but I don't think you just give it up without getting something in return. It's completely reasonable for the Republicans to offer to support the tax increase in exchange for reform of entitlement programs. Question is, if the Republicans offer compromise and the Democrats stick to Pelosi's guns that the Medicare age and other reforms are off limits who looks worse?

Baldy · Post by **Baldy** » Tue Dec 18, 2012 8:14 am

Ibanez wrote:
House Speaker John Boehner has offered to include higher tax rates on the wealthiest Americans as part of a deficit-reduction deal to avoid the fiscal cliff, a source close to the talks confirmed to CNN on Saturday.

http://politicalticker.blogs.cnn.com/20 ... ?hpt=po_c2" onclick="window.open(this.href);return false;
The wealthy will not stop being proactive and trying to make a buck. We've had a 10 year tax holiday and I think this isn't even going further enough. NOW, let's do some serious cutting and reforming.

Democrats, your move.

Obama and the Donks are hell bent on raising taxes, but the IRS is settling outstanding tax liabilities for pennies on the dollar....some things just don't make sense.

We deserve what happens to us.

Post by **Ibanez** » Tue Dec 18, 2012 10:46 am

http://www.buzzfeed.com/zekejmiller/pel ... t-proposal" onclick="window.open(this.href);return false;

Pelosi backed Boehner's "plan B". That's big. That's important.

Obviously, Obama didn't agree and rejected it. WTF Obama!?!?!? THe House is working with you?

The White House rejected a House GOP proposal Tuesday to extend the Bush tax cuts for those making up to $1 million, saying it doesn't go far enough and wouldn't pass the Senate anyway

http://www.cnbc.com/id/100323798" onclick="window.open(this.href);return false;

Championship Subdivision Football | FCS Football | Stadiums | Blogs | Forums

Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?

Re: Fiscal Cliff?