adds up to $1.5 trillion to the deficit over a decade,
cut nondefense spending in subsequent years, leading to a $106 billion cut in 2027.
allow defense levels to continue rising at their current rates, reaching $684 billion at the end of a decade.
The resolution also proposes $473 billion in cuts to Medicare’s baseline spending over a decade and about $1 trillion from Medicaid, though those provisions are not enforceable without additional legislation.
http://thehill.com/policy/finance/35632 … tax-reform
It's the old GOP are the fiscally responsible party trick..
They could care less about controlling costs just screwing over the little people. But this is what they always have been about, so many continue to deny what is as plain as the noses on their faces.
The stock market is up again, after a small dip. One of these days something has to give, but the dollar is stronger. We all know this isn't real.
by Barefootfae 5 years ago
http://www.cnbc.com/id/100584821The Senate has produced and passed a budget. Of course it's mostly all tax increase and does nothing.....repeat nothing....about the deficit ten years down the road.But there it is. I guess we are all supposed to shut up about a budget now right?
by qwark 7 years ago
A billion:A billion seconds ago it was 1959!A billion minutes ago jesus alledgedly lived!A billion hours ago our ancestors were living in the stone age!A billion days ago no one walked upon the earth on 2 feet!Now, consider 1000 times a billion: a trillion... and try to visualize our national...
by Josak 5 years ago
I think it would be great if we could debate the economy not on the basis of "commonly known" or presumed but on the basis of provable facts with sources. I'll start, US deficit for 2009 (last budget made by Bush administration) 1.41 trillion, 2013 budget deficit is 901 Billion, meaning...
by SparklingJewel 7 years ago
Dear President Obama,As you are likely well aware, you and I have many fundamental philosophical differences. I have long believed in personal liberty and economic freedom. Despite the rhetoric that you may espouse, your actions imply that you believe government can plan our lives better than we...
by My Esoteric 10 months ago
The Senate jammed through their version of the GOP Tax Plan the morning of 12/2/17 with only one vote to spare since GOP Sen Bob Corker voted against it. To get 4 or 5 wayward Senators to vote for the bill, various types of pork had to be included in the final version (which was being written...
by mio cid 6 years ago
It has been reported by The Politico that Paul Ryan refers to his running mate as "The Stench" behind closed doors.He has reportedly told staff,if "The Stench" calls tell him I'm having breakfast with Peggy Noonan. Looks Like the Romney Ryan ticket is imploding.
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