We really do need to cut back on government. Perhaps a real sacrifice by all of
us will wake us up to the reality that government is too big and too costly.
Until we feel the pain we cannot understand the impact. And when the sun comes
up the next day we'll understand that we can cut.Enough of that
attitude will result in the political will to do without some perks in the name
of fiscal sanity.It will put us back on top in the world markets and be
healthy for business.Let the cuts happen.
"The across-the-board cuts would carve $85 billion in spending from the
government's $3.6 trillion budget for this year,"85 billion
out of 3.6 trillion is 2.36%, that isn't a carve, its a trim. We simply
can't keep running government at a deficit. When things can't go on
This is just a GOP move to take out the sting on things they wanted preserved in
the first place, while leaving other cuts in for everyone else, especially
Democratic-friendly causes. One-sided sequestration - how great is that!
The spending cuts are a good start. But they do not address the actual problem.
The spending problem is in the entitlement programs. In 1970 entitlements were
31% of the budget, discretionary spending was 62% and net interest 7% in a $900
billion budget. In 2012 the budget is almost 4 times what it was in 1970 (3.4
trillion) Discretionary spending has shrunk to 38%. Thanks to record low
interest rates, net interest is 6%. But, entitlements have exploded to 58% of
the budget and the baby boomers are just starting to access Medicare and Social
Security. This growth is unsustainable. Unless our representatives in Washington
find some very rare political courage, our financial future will be ruinous.
So basically the republicans want to preserve funding for only the things they
want and not anything else. nice to see them making (no) progress.
To "George" you are wrong. The Republicans want to maintian funding for
things specifically named in the Constitution.Are you saying that we
should no longer follow the Constitution?
All I ever hear from Republicans is spending cuts, spending cuts, spending
cuts...So, here we have a spending cut -- and they are the very
first in line to squeal like a stuck pig about it, and trying to do everything
they can to stop it.The epitome of hypocrasy.
@redshirt Do you really think anyone is going to pay that idea that they
are only trying to maintain funding for those things that (you have decided are
the only things) specifically named in the constitution? just how naive do you
believe people are?
oops buy not pay, sorry, but kind of funny.