Balanced Federal Budget? It's now. A pipe dream

5,175 Views | 74 Replies | Last: 1 yr ago by BBW12OG
Werewolf
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From the link you refuse to read. Our Constitutional Republic has been under attack from those wielding power and seeking more. Marxists selling democracy.......we see it now in the words of Obama, Clinton and Biden..........

This socialist revolution has been underway in America for generations. In January 1964, President Lyndon Johnson boasted in a White House address: "We are going to try to take all of the money that we think is unnecessarily being spent and take it from the 'haves' and give it to the 'have nots' that need it so much." What he advocated, of course, was a Marxist, not an American, precept. (The way Marx put it was: "From each according to his abilities, to each according to his needs.") But other presidents before and after have advanced the same goal. Of course, most who support this goal do not comprehend the totalitarian consequences of constantly transferring more power to Washington. But this lack of understanding is what makes revolution by the ballot box possible.

The push for democracy has only been possible because the Constitution is being ignored, violated, and circumvented. The Constitution defines and limits the powers of the federal government. Those powers, all of which are enumerated, do not include agricultural subsidy programs, housing programs, education assistance programs, food stamps, etc. Under the Constitution, Congress is not authorized to pass any law it chooses; it is only authorized to pass laws that are constitutional. Anybody who doubts the intent of the Founders to restrict federal powers, and thereby protect the rights of the individual, should review the language in the Bill of Rights, including the opening phrase of the First Amendment ("Congress shall make no law…"). As Welch explained in his 1961 speech:

… man has certain unalienable rights which do not derive from government at all…. And those … rights cannot be abrogated by the vote of a majority any more than they can by the decree of a conqueror. The idea that the vote of a people, no matter how nearly unanimous, makes or creates or determines what is right or just becomes as absurd and unacceptable as the idea that right and justice are simply whatever a king says they are. Just as the early Greeks learned to try to have their rulers and themselves abide by the laws they had themselves established, so man has now been painfully learning that there are more permanent and lasting laws which cannot be changed by either sovereign kings or sovereign people, but which must be observed by both. And that government is merely a convenience, superimposed on Divine Commandments and on the natural laws that flow only from the Creator of man and man's universe.

Such is the noble purpose of the constitutional republic we inherited from our Founding Fathers.
caryking
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griff17matt said:

Werewolf said:

griff17matt said:

We're not a republic. We're a representative democracy.
Check the Constitution. This list of fellas -- seemed to think they created a REPUBLIC. Ben Franklin........said "if we can keep it".......

"A Republic, if You Can Keep It" - The New American


Oh, okay. So you agree that we're a representative democracy then?
I've always heard us referred to as a Representative Republic...
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
griff17matt
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caryking said:

griff17matt said:

Werewolf said:

griff17matt said:

We're not a republic. We're a representative democracy.
Check the Constitution. This list of fellas -- seemed to think they created a REPUBLIC. Ben Franklin........said "if we can keep it".......

"A Republic, if You Can Keep It" - The New American


Oh, okay. So you agree that we're a representative democracy then?
I've always heard us referred to as a Representative Republic...


I've literally never heard that term before. I think I've derailed this thread enough though so imma leave this conversation alone going forward. Call it whatever you want, it's different sides of the same coin.

Back to our country collapsing because our politicians don't realize money doesn't grow on trees...
caryking
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griff17matt said:

caryking said:

griff17matt said:

Werewolf said:

griff17matt said:

We're not a republic. We're a representative democracy.
Check the Constitution. This list of fellas -- seemed to think they created a REPUBLIC. Ben Franklin........said "if we can keep it".......

"A Republic, if You Can Keep It" - The New American


Oh, okay. So you agree that we're a representative democracy then?
I've always heard us referred to as a Representative Republic...


I've literally never heard that term before. I think I've derailed this thread enough though so imma leave this conversation alone going forward. Call it whatever you want, it's different sides of the same coin.

Back to our country collapsing because our politicians don't realize money doesn't grow on trees...
Well, that I agree with you on…
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
Werewolf
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Nobody was contributing much......but I agree.

Holding my breath waiting for Hoak to balance the budget for us.
Werewolf
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Why I first posted about Constitutional Republic was in relation to my previous post re 10th amendment and a bloated federal govt. Our Republic no longer operate like a REPUBLIC with continued violation of its principles ......certainly since 1913 and probably even back to 1871. WE WILL struggle to BALANCE a BUDGE and most certainly never pay off the NATIONAL DEBT. Hyper-Inflation helps devalue that national debt but is that a desirable solution. Of course not.

The Socialist/Communists have been at work for many years and have moved us to the edge of the cliff financially. This article discusses what 99% of us here probably understand about the Electoral College but it also touches on this socialist/communist movement in the background. It's being taught in our schools as it was clearly brought to our attention above. We have moved a VERY LONG ways from how our Constitution first defined our Republic....... I THINK WE'D ALL BE SHOCKED to wake up one day and see our GOVTs (FED, STATE, LOCAL) work as we were a CONSTUTIONAL REPUBLIC.........that's how far we've drifted..........most 'Everyday Joe's' passively asleep at the wheel.

A Constitutional Republic: The Importance Of The Electoral College (theodysseyonline.com)

"Our great Republic is a government of laws and not of men. Here, the people rule." - President Gerald Ford

The very common misconception amongst the populace is that our government presides in the socratic cycle; particularly, that we are indeed a Democracy governed through majority rule. Such rhetoric has contributed to the common assault from the socialist ideology that society is governed by the grips of majority tyranny in order to validate their Marxist diatribes against freedom. Indeed, nothing could be further from the truth.

When the Framers created a government by the people and for the people, indeed this government was created for all people in a Constitutional Republic where the rights of all in the majority and the minority shall be respected and upheld by the elected officials that represent them. The Constitution of the United States and the force of freedom thereof were ratified on the premise that the voices of all may be heard in choosing the representatives that would be the legislators and executives that shape the public and its course. No one's freedom supersedes another's; not by class, not by creed, not by belief, not by faith. Indeed, all men are recognized as equal in the eyes of the law and indeed all men are granted individual voices with coequal worths.

The Electoral College, in particular, encompasses the very fabric of this philosophy. In choosing a representative for the highest office in government, the presidency, each state is assigned a number of electoral votes based upon each state's populace, requiring that candidates in the running for the executive office reach the minimum 270 electoral vote threshold in order to be considered "The President-elect".
Indeed, in today's society, the lack of education on the importance of the electoral college has contributed to a wave of socialist hatred against it and an adjunct call to abolish it altogether and choose presidents based purely on the popular vote. In a surprising dereliction to the very objection to the "majority tyranny" that the socialist pits against

Democracy in the philosophical think tank in their liberal ivy league colleges, the socialist willingly protests the system that takes the minority's voice into account for the choosing of the nation's executive in exchange for a president chosen strictly by the popular vote; an advocation for majority tyranny.
This doesn't come at any surprise, for the socialist is willing to abandon any position if it does not fit into their immediate agenda. Take the current election of Donald Trump, who lost the popular vote to Hillary Clinton by a margin of 2,900,000 votes but had managed to unleash a "clean sweep" across the electoral college map in the crucial swing states needed to win him the election.

With violent protests that are descending into riots now across the United States by the liberal left for the purpose of a sought-after abolishment of the electoral college, it seems rather apparent that the people advocating this are violating their "cardinal ethic" that society must not be governed by majority tyranny.

As Tom Golisano asserted, "Most people don't understand the Electoral College; they don't know why it exists."
If the constituency truly understood the electoral college, they would realize that if we went strictly by the popular vote, states like California and New York would essentially be choosing our presidents every single election cycle, completely voiding out the voices of the less populated states.

In an election cycle governed by the electoral college, each state is given a strong voice in the selection of the president, forcing each presidential candidate to voice their messages to all states in an attempt to capture the leanings of the electorate instead of merely banking on the popular vote.

Taking this into perspective, in the 2016 election, Donald Trump won 3,084 out of the 3,141 counties in America's heartland, the remaining 57 counties he lost contain the largest populaces in the country which contributed largely to Clinton's popular vote victory, which thereby leads to the inarguable conclusion that the abolishment of the electoral college would have given these 57 counties more power over the electorate than the other 3,084 counties; minority and majority tyranny then become intertwined in this line of reasoning.

In essence, the political leanings of the minority number of counties (57) have more weight over the political leanings of the rest of the 3,084 counties, and the majority vote which is greatly influenced by these 57 counties would always supersede the minority vote. The Electoral College then gives legitimacy to both the majority and the minority and refuses either's attempts to engage in tyranny.

We must then call into question this newfound hatred for the electoral college by the socialist left, which seemed to raise no issues when this same electoral college gave President Obama two landslide elections in 2008 and in 2012. But when the electoral college yielded an unfavorable result, the backlash from the liberal left was evident of its inherent desire to destroy anything that doesn't further its radicalized agenda.
This is why it is important to recognize why our country is a Constitutional Republic and not a Democracy like the socialist tries to falsely assert and educate.

Benjamin Franklin clearly identified why our country was never intended to be a Democracy, "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!" For even the Framers in their brilliance recognized that the American society should be governed by all people and no minority or majority should be given more power over the other but spread equally across in a checked and balanced system. Every person, regardless of status, is given the power of one vote and one vote only. In this the election of any representative, more importantly the executive in the White House, is elected fairly and without any infringing bias or corruption.

We are a Republic giving a voice to every American citizen, and the leanings of the electorate are totally dependent upon the representatives that represent them and the public scrutiny of those who desire to lead. The Electoral College is the chief cornerstone of this Republic, and there is no greater risk we can undertake as a society than abolishing it, lest we subject ourselves to majority tyranny, which then leads to the selection of tyrants as our leaders, which then further leads to minority rule in Washington D.C., which then further leads to fascist rule, then to anarchy, then to destruction, thus trapping us into the Socratic cycle.

The Constitutional Republic is the only form of government that stands outside of this cycle and has given this nation any hope of surviving. Since this is so, The Republic must be defended at all costs and the Electoral College must never be threatened with the action of abolishment. It is a cheap parlor's trick to circumvent the scrutiny of ALL people in this country, and we must be savvy to it. Stand strong patriots and defend this Republic with fervor and under the unction of Almighty God Himself!

As Alexander Hamilton brilliantly declared,
"We are now forming a Republican form of government. Real liberty is not found in the extremes of democracy, but in moderate governments. If we incline too much to democracy we shall soon shoot into a monarchy, or some other form of a dictatorship."
Werewolf
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Here's where you start to balance the budget..........

Werewolf
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Here's a possibility in returning our Nation to some semblance of a Republic. Can the Freedom Caucus secure enough leverage to make in a dent in our tyrannical federal govt bureacracy?

hokiewolf
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Originator of the Tony Adams Scale
hokiewolf
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https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
Originator of the Tony Adams Scale
caryking
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hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
hokiewolf
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caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
Originator of the Tony Adams Scale
caryking
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hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
hokiewolf
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caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Originator of the Tony Adams Scale
caryking
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hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Perhaps…. How much is needed in a single year to cover the spending?
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
BBW12OG
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caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Perhaps…. How much is needed in a single year to cover the spending?
Asking an entitlement baby.... really??

He's never had to work for a damn thing in his life. You are punching water.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Oldsouljer
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hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Entitlement is a loaded word and it's critical that things that are properly defined as entitlements don't get mixed up with things that aren't. And the question begs, what is an entitlement?
hokiewolf
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Oldsouljer said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Entitlement is a loaded word and it's critical that things that are properly defined as entitlements don't get mixed up with things that aren't. And the question begs, what is an entitlement?
social security, Medicare, and Medicaid
Originator of the Tony Adams Scale
hokiewolf
How long do you want to ignore this user?
caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Perhaps…. How much is needed in a single year to cover the spending?
you will need to cut spending by 6%, sunset the Trump tax cuts AND increase taxes by 50%. At current interest rates, 60-70% of tax revenue goes to just servicing debt.
Originator of the Tony Adams Scale
Oldsouljer
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hokiewolf said:

Oldsouljer said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Entitlement is a loaded word and it's critical that things that are properly defined as entitlements don't get mixed up with things that aren't. And the question begs, what is an entitlement?
social security, Medicare, and Medicaid
And we call them that because we've been compelled to pay into them. As such, if they're an "entitlement", that word as defined means they not supposed to be reduced from what has been promised. Another difficulty….federal employees (FERS) are told that social security is one of the "three legs" of their "retirement stool". Ergo, if the social security leg is shortened, the government has to make up the difference. Since the pay-as-you-go model for maintaining the SS trust fund is failing, I know the usual suspects are going to talk benny cuts and tax hikes but they should be cannibalizing the federal government to shore up their obligations. They don't want to do that, of course, but the political pressure from constituents is going to be interesting to watch.
caryking
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hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Perhaps…. How much is needed in a single year to cover the spending?
you will need to cut spending by 6%, sunset the Trump tax cuts AND increase taxes by 50%. At current interest rates, 60-70% of tax revenue goes to just servicing debt.
How much money is needed to service the annual debt payments?

BTW, this is the second specific question I've asked without a specific answer. Both questions have hard number answers…
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
BBW12OG
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caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

caryking said:

hokiewolf said:

https://www.msn.com/en-us/news/politics/watershed-1-trillion-defense-budget-on-the-horizon/ar-AA18CkFf

The Biden administration provided details Monday on its $886.3 billion budget proposal for national defense in fiscal 2024, which includes $842 billion for the Defense Department. Republicans have already blasted it for being only a 3.2 percent increase over the current level as inflation still roars at about double that rate, and the hawks are eyeing a big boost to Biden's proposed level of spending.
The national defense budget is bloated already! Furthermore, do read portions of their strategic plan for all the woke crap in it. All parts of the Federal Government is bloated!

It can stand a haircut!!!

Oh, and screw the Trump tax cuts! It doesn't make a difference who's paying the money, rather, when the receipts are up as high as they are, then taxes aren't the problem. It's spending 100%!

Some of y'all need to get out of the weeds and see a bigger picture! So, let's talk about that.
This is not true anymore. The service on the debt, because interest rates have increased make it impossible to provide a balanced budget anymore without raising taxes. Again, you can cut the entire budget except entitlements, defense, and debt service and come close to balancing the budget.

The "woke" crap that is in the defense budget is a rounding error.

The issue is that both parties have kicked the can down the road on entitlements to the point where there will be nothing but pain to fix it.
So, how much is needed to balance the budget? That is without raising the debt limit…
You would have to significantly reduce entitlement benefits and increase taxes on everyone to not raise the debt limit.
Perhaps…. How much is needed in a single year to cover the spending?
you will need to cut spending by 6%, sunset the Trump tax cuts AND increase taxes by 50%. At current interest rates, 60-70% of tax revenue goes to just servicing debt.
How much money is needed to service the annual debt payments?

BTW, this is the second specific question I've asked without a specific answer. Both questions have hard number answers…
LOL.... he shows you his character and who he is when he tries to have a real discussion....

Mommy and Daddy have always taken care of him. He doesn't know about numbers and actual "real" stuff....

Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Werewolf
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Can't wait to see Hokies tax revenue numbers at $6.7 trillion spending budget now on the table.

All while the world burns down. Priceless Hoak
Werewolf
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Balancing a budget sitting with a den full of thieves. Does the Ukraine money laundering operation continue? Is it part of the budget?
hokiewolf
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For the year 2023, The deficit between Federal spending and tax revenue is $1.4T. The budget for 2023 is $5.8T.

Net interest payments are right now around 7% of the federal budget.

49% of the Federal budget goes to entitlement spending.

The current debt ceiling is at $31.4T

The deficit in budgets for the next 10 years are projected to be $2T+, but that is an underestimate based on lower interest rates. The interest payments will rise significantly over the next 10 years.
Originator of the Tony Adams Scale
hokiewolf
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I'm not sure what you are arguing here Werewolf, I don't agree at all with Biden's budget. I don't think it's realistic. I also do not think that the proposals from Republican House members to make cuts are realistic either. I would prefer that people stop pretending that this isn't a problem for another 10 years and deal with the consequences of kicking the can down the road continually.
Originator of the Tony Adams Scale
BBW12OG
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hokiewolf said:

I'm not sure what you are arguing here Werewolf, I don't agree at all with Biden's budget. I don't think it's realistic. I also do not think that the proposals from Republican House members to make cuts are realistic either. I would prefer that people stop pretending that this isn't a problem for another 10 years and deal with the consequences of kicking the can down the road continually.
Coming from an entitled millennial that has never had to deal with real world issues that's not surprising.

Trophies for all and never having to actually work for anything isn't the answer.

You've shown that.
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
caryking
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hokiewolf said:

For the year 2023, The deficit between Federal spending and tax revenue is $1.4T. The budget for 2023 is $5.8T.

Net interest payments are right now around 7% of the federal budget.

49% of the Federal budget goes to entitlement spending.

The current debt ceiling is at $31.4T

The deficit in budgets for the next 10 years are projected to be $2T+, but that is an underestimate based on lower interest rates. The interest payments will rise significantly over the next 10 years.
Hokie, you still didn't answer my specific question; so, I will take your data and try to provide some discernment:

  • The debt service/year is roughly 750B. Let just say its 1T
  • Entitlement spending is 2.8T
  • Defense is 1T

lets add those up: roughly 4.8T

Now, we need to get the revenues to match up to this: Somewhere between 5T and 6T in the current fiscal year

That leaves a lot of money to do other things. Somebody needs to prioritize that balance of the spending, so, that we do "NOT" need to raise the debt ceiling! It's just not needed! As you can see, this is spending problem!

BTW, the first dollars received, into the treasury, "Has" to go towards servicing the debt!! This is one portion of the constitution (Amendment 14)

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
hokiewolf
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caryking said:

hokiewolf said:

For the year 2023, The deficit between Federal spending and tax revenue is $1.4T. The budget for 2023 is $5.8T.

Net interest payments are right now around 7% of the federal budget.

49% of the Federal budget goes to entitlement spending.

The current debt ceiling is at $31.4T

The deficit in budgets for the next 10 years are projected to be $2T+, but that is an underestimate based on lower interest rates. The interest payments will rise significantly over the next 10 years.
Hokie, you still didn't answer my specific question; so, I will take your data and try to provide some discernment:

  • The debt service/year is roughly 750B. Let just say its 1T
  • Entitlement spending is 2.8T
  • Defense is 1T

lets add those up: roughly 4.8T

Now, we need to get the revenues to match up to this: Somewhere between 5T and 6T in the current fiscal year

That leaves a lot of money to do other things. Somebody needs to prioritize that balance of the spending, so, that we do "NOT" need to raise the debt ceiling! It's just not needed! As you can see, this is spending problem!

BTW, the first dollars received, into the treasury, "Has" to go towards servicing the debt!! This is one portion of the constitution (Amendment 14)

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
it needs to be raised because the 2023 spending is already committed.
Originator of the Tony Adams Scale
hokiewolf
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Do you actually want to discuss the issue at hand or do you just want to sling insults?
Originator of the Tony Adams Scale
BBW12OG
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hokiewolf said:

Do you actually want to discuss the issue at hand or do you just want to sling insults?
LMAO....

"discuss the issue..."

When have you ever tried that?

No matter what is said if you don't like it you will run and hide like you do on every damn thread.

You still haven't answered the question at hand have you?
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
hokiewolf
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BBW12OG said:

hokiewolf said:

Do you actually want to discuss the issue at hand or do you just want to sling insults?
LMAO....

"discuss the issue..."

When have you ever tried that?

No matter what is said if you don't like it you will run and hide like you do on every damn thread.

You still haven't answered the question at hand have you?
Cary and I are having a Civilized discussion, you are just acting like a jackass as usual.

I find this all strange in that I'm saying we have a huge problem that needs to be addressed and you guys are basically calling me ignorant. You're basically proving my point.
Originator of the Tony Adams Scale
BBW12OG
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Well...are you?
Big Bad Wolf. OG...2002

"The Democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
- Thomas Jefferson
Werewolf
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hokiewolf said:

I'm not sure what you are arguing here Werewolf, I don't agree at all with Biden's budget. I don't think it's realistic. I also do not think that the proposals from Republican House members to make cuts are realistic either. I would prefer that people stop pretending that this isn't a problem for another 10 years and deal with the consequences of kicking the can down the road continually.
ANALOGY: Some guy just washed up on the beach in the middle of a raging hurricane .....he's barely alive. And you're standing on the beach and seeing this guy want to discuss the haircut he needs. Get your head out of the sand man.

The American citizen is being fleeced and you're perfectly willing to look the other way.....accepting it . Our fiscal situation is an unsalvageable disaster, and we have a bunch of criminal puppets in DC perpetuating it. You can't bring yourself to admit it......or can you?

I'll make a prediction. The United State corporation declares bankruptcy and a re-declaration of independence ensues followed by adoption of a new Constitution for a Restored Republic. I think that's where we are as a nation. Let's see what happens. ;-)

caryking
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hokiewolf said:

caryking said:

hokiewolf said:

For the year 2023, The deficit between Federal spending and tax revenue is $1.4T. The budget for 2023 is $5.8T.

Net interest payments are right now around 7% of the federal budget.

49% of the Federal budget goes to entitlement spending.

The current debt ceiling is at $31.4T

The deficit in budgets for the next 10 years are projected to be $2T+, but that is an underestimate based on lower interest rates. The interest payments will rise significantly over the next 10 years.
Hokie, you still didn't answer my specific question; so, I will take your data and try to provide some discernment:

  • The debt service/year is roughly 750B. Let just say its 1T
  • Entitlement spending is 2.8T
  • Defense is 1T

lets add those up: roughly 4.8T

Now, we need to get the revenues to match up to this: Somewhere between 5T and 6T in the current fiscal year

That leaves a lot of money to do other things. Somebody needs to prioritize that balance of the spending, so, that we do "NOT" need to raise the debt ceiling! It's just not needed! As you can see, this is spending problem!

BTW, the first dollars received, into the treasury, "Has" to go towards servicing the debt!! This is one portion of the constitution (Amendment 14)

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
it needs to be raised because the 2023 spending is already committed.


Actually, the Republicans don't need to do anything. They can (and I think) should sit and wait it out. Biden presented a 6.7 or 6.8T dollar budget. That's a non starter. Tell them to go back to the drawing board.

Also, the committed spend was based on the ability to spend it. Well, they can't spend it because of the debt limit. I say tough! It ain't happening!!!

It really is that easy! Remember, elections have consequences!!!
On the illegal or criminal immigrants…

“they built the country, the reason our economy is growing”

Joe Biden
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