O refuses to cut one penny

[northgagator]

Obama does not want a cut to spending that really amounts to just one cent to every dollar in the budget. Yet he wants the tax payers to consent to a more that one percent cut to their take home pay. Please explain to me how Obama is not using this current sequester issue to destroy political opposition. In my opinion he and his fellow Libs are out to create one party rule in this country to force an one ideology on all Americans.

http://www.nytimes.com/2013/03/02/op...ster.html?_r=0

From the Morning Joe:

THERE are cracks in time when history bends and for an instant it seems as if the world itself stops turning,

This is how Obama and the Libs are describing the Sequester

Despite the rhetoric from the White House, years from now, historians will not be sifting through the cultural wreckage that is America and discover the remnants of what some in both parties see as some cataclysmic fiscal event.
Americans who endured the grimmest warnings from President Obama and his administration need not fear that the cuts will jeopardize military readiness; limit our nation’s ability to forecast hurricanes; compromise food safety; lead to outbreaks of E. coli; undermine airport security; and cause older Americans to go hungry. Since today’s Republican Party knows a thing or two about assisted suicides, you would think its leadership would have taken to heart Mr. Obama’s warnings and struck a deal before their abysmal approval ratings sank even lower. Should the G.O.P. enter into yet another budget showdown with Mr. Obama in which they appear to be intransigent, eager to slash spending programs for the poor and determined to secure tax breaks for the rich? My theory: perhaps, in spite of the president’s best efforts to frame the debate in that way, Republicans are finally on the winning side of a fight.
For once, Mr. Obama seems to be the one who has overplayed his hand.

Way more truth here than most Libs will ever admit to.

But it is also a fact that this year’s reductions will not do great damage to domestic and defense programs. Congress will have $85 billion less to spend this year, but the Congressional Budget Office projects that the actual cuts implemented this year will amount to only $42 billion out of a $3.5 trillion budget. That means that politicians will have to cut a little more than a penny out of every dollar that it spends this year.

Does Mr. Obama really want to claim that his administration, which has added $6 trillion to the national debt, is unable to save a penny out of every dollar it spends? Does he really expect Americans to believe — after four years, the banking and auto bailouts, several stimulus bills and a run of record deficits — that our $16 trillion economy cannot absorb $42 billion of spending reductions?

Question to the Libs: Brother do you have a penny to spare?

[tegator80]

This is news? You could see this one from a LONG ways away.

[northgagator]

Originally Posted by tegator80

This is news? You could see this one from a LONG ways away.

I agree tegator.

Yesterday I noted two items.
1, I listened to O's press conference yesterday and his lies, denial, smugness, and arrogance was way over the top (even for him).
2, I saw the item that linked to and the one cent per a dollar statement hit home.

This year The common citizen is having to do with less money on pay day. Either due to taxes or price increases (like gas). However Obama wants more and expects us to make do with less. This man is backasswards. It is the gov't needs to learn to get by with less and to learn get that we need more of our paycheck.

[gatordowneast]

We all know that a very high % of democratic voters are on the dole and have been convinced by their political leaders that "they" are the sugar daddies and those mean old pubs want to take their programs away. It's called creating a dependent class and the demos (especially the lefty libbies) are experts at it. War on Poverty began in the 60s and we have a higher % of our population in Poverty today inspite of hundreds of billions spent on "programs". And of course food stamp #s, ssdi #s and children born out of wedlock are at record highs. And of course out of wedlock births are astronomical inspite of abortion on demand paid for by taxpayers through Planned Parenthood and other scams.

Why does the media not investigate? It's racial. Yeah, right.

The democratic party stealing from taxpayers to fund their social experiment make Bernie Madoff look like a lightweight. Hell, they steal Madoff level scam dollars monthly. And Obama, the greatest scam artist of them all, claims when we don't agree or want to grant this ponzi scheme more of our tax dollars that is because we favor the elite over the poor. Yeah, thats it...we need more balance.

[dangolegators]

Where is the part about Obama refusing to cut one penny?

[northgagator]

Originally Posted by dangolegators

Where is the part about Obama refusing to cut one penny?

I know that you are trolling to start a whiz zing contest and I am not joining in.

Not to duck what can be an honest quest I will provide and honest and civil answer.

First of all Obama's purpose spending cuts are bogus, vague, and smoke and mirrors. In fact the budget grows larger than he tax increases he got at he beginning of the year. Thus he does not offer one cent in real cuts.

Obama got what he want on Jan 1 of the year when the the 2012 Tax Relief bike was passed by both Houses. To be precise 13 tab increase went into effect.
[

President Obama promised the American people a “balanced approach” of tax increases and spending cuts to reduce deficits and debt. He has achieved the tax increase portion of that approach. Now Congress needs to force him to follow through on the spending cuts portion.

http://blog.heritage.org/2013/01/08/tax-changes-2013/

As for spending cuts in the bill there were not any to speak of.

Key Spending Provisions

Sequestration

The scheduled automatic, across the board spending cuts are delayed for two months, through March 1, 2013.
The $24 billion cost to delay the cuts is offset by $12 billion in further spending reductions by lowering the discretionary caps for fiscal years 2013 and 2014 established by the Budget Control Act and $12 billion from a Roth individual retirement account conversion provision.
Other Key Provisions:

The 50% bonus depreciation provision is extended for one year.
The American Opportunity Credit, the enhanced Child Tax Credit, and the Earned Income Tax Credit are extended for 5 years.
The legislation includes an extension of the Medicare "doc fix" and the Transitional Medicare Assistance program.
The legislation also rescinds all un-obligated funds for the new Consumer Oriented and Operated Plans (CO-OPs) established as part of the health care reform law. A contingency fund of 10 percent of the current amount on un-obligated funds to further assist CO-OPs that have already been created. Previously obligated funds are unaffected.

http://independentsector.org/america...ef_act_of_2012

As noted in in the first link the real budget cuts were supposed to be negotiated and agreed upon before the Sequester began. Now lets discuss what Obama brought to the table.

HEATHER CHILDERS (guest-host): Let's talk a little bit more about entitlement reforms. As it stands right now, the president's plan, it calls for 1.6 trillion in tax increases. And it roughly doubles what was previously suggested. And 200 billion in new stimulus spending. So what guaranteed cuts is the president offering?
CUSACK: Nothing yet. He put a lot on the table in the summer of 2011. Boehner again, and Obama, they almost got a grand bargain. Raising the Medicare eligibility age to over 67 after a certain amount of time. Making some changes to cost of living. Payments for Social Security. But right now, there's nothing on the table. [Fox News, Happening Now, 12/7/12]

http://mediamatters.org/mobile/resea...nding-c/191748

Obama does talk a good game in spending cuts but like the skillful magician he distract many people away from looking at his spending increases.
The 2001 Gov't spending was $3.4 Trillion
The 2003 Gov't spending was $3.9 Trillion
The 2005 Gov't spending was $4.4 Trillion
The 2008 Gov't spending was $4.9 Trillion
The 2009 Gov't spending was $6.0 Trillion
The 2010 Gov't spending was $5.9 Trillion
The 2011 Gov't spending was $6.1 Trillion
The 2012 Gov't spending was $6.2 Trillion

The 2013 Gov't spending was $6.3 Trillion
The 2008 Gov't spending was $6.8 Trillion
http://www.usgovernmentspending.com/...nding_2016USri

Under Obama's plan there are not any real spending cuts. The fact is that the deficit is going to grow by $200 billion.

Also, Obama talks about reducing the deficit by $4 Trillion in ten years. There three things wrong with his goal.
1. It still leaves us $2.8 Trillion in deficit spending.
2, It does not address about paying Dow the existing debt. Talk about kicking the can down the road. By the way the Debt clock shows us at

The Outstanding Public Debt as of 02 Mar 2013 at 11:27:44 PM GMT is: $16,695,282,695,638

http://www.brillig.com/debt_clock/

3, it is projecting the economic conditions for the next ten years. That is a crazy prediction considering how unstable the world is today.

As for our Federal debt for next year and the prior years, we do not need an increase in spending but a cut in spending.

Projected and Recent US Federal Debt Numbers
Gross
Federal Debt Debt Held
by Public Debt Held by
Federal Reserve
FY 2013* $17.5 trillion $10.6 trillion $2.1 trillion
FY 2012* $16.4 trillion $9.7 trillion $1.9 trillion
FY 2011 $14.8 trillion $8.5 trillion $1.7 trillion
FY 2010 $13.5 trillion $8.2 trillion $0.8 trillion
FY 2009 $11.9 trillion $6.8 trillion $0.8 trillion
FY 2008 $10.0 trillion $5.3 trillion $0.5 trillion

http://www.usgovernmentspending.com/federal_debt

[surfn1080]

dude way to many facts in there. You know libs don't read anything before voting(passing judgement for that matter) on it.

[ncgatr1]

North, numbers don't matter, look at the last election results. What matters is bogus sensationalized talking points, ones that that ride on high on the low information voters. Please use brief snide one liner comments next time. They are much easier to respond to.

[dangolegators]

Originally Posted by northgagator

I know that you are trolling to start a whiz zing contest and I am not joining in.

Not to duck what can be an honest quest I will provide and honest and civil answer.

First of all Obama's purpose spending cuts are bogus, vague, and smoke and mirrors. In fact the budget grows larger than he tax increases he got at he beginning of the year. Thus he does not offer one cent in real cuts.

Not trolling, just asking a legitimate question that you still haven't answered. You are linking things from Heritage and something called 'usgovernmentspending.com' that clearly has bogus spending numbers. This does nothing to answer the question.

The sequestration cuts took effect yesterday and the Obama admin has begun to implement the cuts, so I'll ask the question again. Where is the part about Obama refusing to cut one penny?

[The_Graygator]

Well, he's already spent around 58.6 trillon dimes he said he wouldn;t add to the national debt, so I guess pennies are all that's left.

[g8orbill]

danglo-would it really matter to you?

[dangolegators]

Originally Posted by g8orbill

danglo-would it really matter to you?

Would what really matter to me? Truth and accuracy? If that's what you are asking, then yes, it would really matter to me for the OP to answer the question.

[g8orbill]

so the fact that the OP has not answered you bothers you but I fail to see you criticizing Obama for his lies

[dangolegators]

Originally Posted by g8orbill

so the fact that the OP has not answered you bothers you but I fail to see you criticizing Obama for his lies

Name a lie, and if it's valid, I'll criticize Obama for it. But your criteria for presidential lies has really changed now that there's a D in the office.

[wygator]

Obamacare won't add one dime to the deficit, I'll close Guantanamo, you can keep your insurance, no lobbyists in his administration, transparency...just off the top of my head.

[wygator]

All legislation will be posted on the internet for 72 hours before a vote...

[dangolegators]

'Obamacare won't add one dime to the deficit'

Not a lie

'I'll close Guantanamo'

A failed promise that Obama should not have made

'you can keep your insurance'

Not a lie.

no lobbyists in his administration

A failed promise Obama shouldn't have made

'transparency'

Not a lie, though Obama could have done better.

[The_Graygator]

Originally Posted by dangolegators

Name a lie, and if it's valid, I'll criticize Obama for it. But your criteria for presidential lies has really changed now that there's a D in the office.

Ah, I see. It must first be "validated" by you whether it's a lie or not. Geez, you sound just like me when I was a lib a dozen years ago.

But just for giggles, how about Obama lying about "not signing bills that would add a single dime to the deficit", or perhaps "The attack on our Benghazi embassy was a spontaneous act by a crowd of protestors angry about a Youtube video"?

[nlsfive]

What exactly is stopping the republicans from coming out with their own plan to balance the budget primarily behind massive spending cuts? Obviously these cuts are unpopular so they don’t want to take the political heat but want Obama to propose the cuts and take the heat in the name of “leadership”. The irony is if these cuts lead to another economic catastrophe then they would blame him for that.

[ncgatr1]

He is president, don't presidents step up and lead? The problem is Obama wants want nothing with his name attached to it because the Dems want to continue to shift the economic woes on the Repubs until 2014, that's just the fact.