Budget question - What do democrats want?

Question

If there's one thing every American on a budget knows, it's that you can't have it all. Ordinary Americans know that if you increase spending in one area of your budget, you have to decrease spending in another area, or risk going into debt. And they know that if you're already in debt, you have to trim your expenditures to pay back the money you owe.

Unfortunately, the budget proposal that the Democrats introduced last week fails to understand this important principle.

The Democrats' budget sends one message loud and clear: You can have it all. You can increase spending to the tune of $150 billion, pay down the deficit and create a budget surplus all at the same time. What the Democrats' budget isn't as clear on is how to actually pay for all this.

Read and weep

http://www.washingtontimes.com/op-ed/20070321-091127-9493r.htm

Don't we pay enough taxes already?

You are mistaken if you think Clinton ran a budget surplus. We still had a national debt of $1.76 Trillion after Clinton left office. The Clinton administration spent any surplus they had on social programs and did not pay down the debt with the money.

Answer 1

This is a very serious concern.

Standard and Poor's has predicted that the US Government will lose its AAA bond rating by 2010-2012, due to massive amounts of debt.

I fear that most of the Democrats responding to this question will choose to blame the past Republican Congress (who in fact acted irresponsibly) instead of addressing the issue.

Edit: Oops. Too late. Looks like I was correct though.

Answer 2

To set the record straight:
Total U.S. Debt, 1/4/1993 =$4,167,872,986,583.67
Total U.S. Debt, 1/4/2000 =$5,758,316,426,486.15
Difference = $1,608,218,327,641.66
There was no surplus under Clinton, in fact our debt grew this much, nearly 2 trillion dollars. True we are even further in debt now, to the tune of $8,824,626,383,981.37 or another 3 trillion dollars but Clinton wasn't pushing a war. Remember though that the government's top 4 expenditures are:
1.) Health & Human Services
2.) Social Security Admin.
3.) Department of Defense
4.) Treasury Department (mostly interest)
with the largest growth in the top 2. Before you people start with your rhetoric, at least have some facts to back it up.

Answer 3

Where have you been for the past 6 years as Bush ran up 3 1/2 TRILLION in debt and never had a budget that was close to being balanced.

Perhaps they are going to take some of you Republicans off of corporate welfare!

Why is it you make a total disaster with your leaders in office, and never complain as they run up the budget? The minute a Democrat gets in you start whining about taxes!

Answer 4

150 billion dollars is the amount of the increase? How much was that emergency supplemental spending bill for the war that Bush requested, the Democrats passed and now Bush has just vetoed? I can see a distinct possibility for making up a large part of the difference in the Democrats’ budget.

Answer 5

Well, YOU probably pay a lot in tax.

The people who have all the money and own everything don't.

Thank Bush for that.

Yes, decisions have to be made.

I say we stop subsidizing the rich. I mean, they're rich, don't don't need it.

Also, stop allowing thieves to take our tax money (<> Haliburton <>).

Just for a few examples of how we could do better.

How can you criticize Democrats over the budget?

Clinton did a fantastic job on the budget.

Bush destroyed it all, slashing taxes for the rich, and wasting trillions.

Do you really want more of that sort of thing?

Answer 6

Hmmmm... Where could we trim $150,000,000 from this budget? Hey, what's this Misc. Expendature for the Executive branch labeled "Iraq"?

In the meantime, Republicans are trying to balance the budget by cutting the income. That won't work either. There was a surplus when GWB took office. What's waiting for the next guy?

Answer 7

First, we'd like a balanced budget, something Republican's borrow and spendanomics ceased to strive for. Second, we'd like to see money spent on the American people, as oppossed to corporate welfare and police actions in places that hurt Bush's daddy. Third, we'd like tards like you to look at the budget crisis you're elected officials created while in complete control for 6 years and curse yourselves for being so dumb. Four, the rich benefit from a far greater amount of resources from the government then any other group, so yeah, they should pay more.

Answer 8

First of all, I don't think Republicans have any credibility to lecture anybody about deficit spending. You guys create the largest deficits ever.

Here's how we're going to do it. We're going to roll the tax cuts for the rich, allow Medicare to negotiate for lower prices, close down tax loopholes, eliminate tax cuts to oil corporations that obviously don't need them, increase spending on education and job training to get Americans working and more productive, and we're going to pass "Pay as you go rules" to force congress to either cut spending or raise taxes whenever a new program/war comes up.

To the poster above me, stop believing all the gimmicks. Go google "largest single tax increase on middle class history" and see what you get. It's bullshit. Clinton raised taxes mostly on the rich.

Answer 9

We balanced it at the same time till now and we are able to do it returned. which will advise decreased militia spending to a pair diploma on some classes so different classes could be greater suitable with inflation. The acutal budget basically needs to stay flat for 8 years. With some classes going and new ones coming near line as mandatory. this suggests not winging off to wars left and proper. Similiar efforts on different classes geared in the direction of basically freezing spending greater funds, and fixing waste could be suited. Over 8 years, the value variety will restoration itself. attempting to decrease the value variety in a pair years is basically too annoying. As for welfare and medicare, the classes have their own earnings, so we are able to decrease destiny spending, even with the undeniable fact that it does not actual impact the deficit interior the comparable way as different spending.

Answer 10

To bad they can't take the surplus in the Social Security bucket to falsly balance the Budget like President Clinton. (Though illegal, no one seemed to care). But now that Social Security is broke, where will they find the dough???
Just like Clinton. Promise no tax increases for the middle class, then 14 days into his Presidency, his quote "I worked the last 14 Days to find ways not to increase taxes for the middle class, but couldn't do it". Then proceeded with the largest single Tax Increase on the Middle Class in History.
So how are they wanting to pay for it??? You and me and every other working family in America..