Joseph. Let me guess, you’re a Democrat. And as the rest of the deceitful lying Dems., you are peddling your phoney budget garbage without wanting to cut anything from the bloated government. Well have it your way, if we go into the 2012 election without starting to cut the wasteful overspending of Washington, I predict it will be our last election.
STOP SPENDING!
http://reason.com/blog/2011/07/27/debt-plan-gimmicks-are-go
Debt Plan Gimmicks Are Go!
Peter Suderman | July 27, 2011
So much for devastating debt-deal cutbacks: House Republicans are pointing to news reports noting that the debt deal proposal put forth by Democratic Senate Majority Leader Harry Reid fails to meet his stated deficit reduction target of $2.7 trillion. According to the Congressional Budget Office, Reid’s plan undershoots its deficit goal by about $500 billion.
Nor is that the only way in which Reid’s plan falls short: $1 trillion of its scored deficit reduction comes from war-spending gimmickry: Typically, the Congressional Budget Office factors in war spending at constant level that grows with inflation—even in the midst of a troop drawdown. Reid’s plan takes advantage of this by essentially instructing the CBO to go ahead and price an already-planned troop reduction into the budget. So Reid’s plan gets credit for roughly a trillion bucks in savings that would happen anyway, regardless of whether or not his plan passed. The AP calls this a “glaring $1 trillion ploy.”
Reid, however, wasn’t the first Congress critter to rely on this all-too-obvious trick: House Republicans used the same scoring gimmick in the budget plan they voted for earlier this year. Of the roughly $6 trillion in deficit reduction they claimed Budget Committee Chairman Paul Ryan’s plan would produce, about a trillion bucks came from factoring in the troop drawdown.




















