In response to:

Obama Already Has His "Balanced Plan"

Fritz65 Wrote: Mar 05, 2013 6:54 AM
I simply don't know where cuts were made when the debt has ballooned to 16.6 trillion. Since Obama said $1 in tax increase with $3 in spending cuts achieves balance, is he proposing an additional 3,600 billion in cuts to his 1,200 billion in requested new taxes?
Bear Trax Wrote: Mar 05, 2013 7:12 AM
We've been through this before. Any spending cut that doesn't take place immediately, never gets enacted at all. The taxes do, the cuts don't.
Mike4166 Wrote: Mar 05, 2013 8:28 AM
They aren't spending "cuts" all they are are reductions in the rate of spending increase. It's never a net negative on the balance sheet. It's too bad that idiots like rgama, boatboy, doc roy, lois, etc., don't get it, or just refuse to open their eyes and ears.
Phuket Wrote: Mar 05, 2013 7:07 AM
Agatha Christie couldn't solve this riddle....IF we have cut so much, WHY does the deficit continue to climb like an F-18 on takeoff?

When I cut my budget, I see results. When Washington"cuts" their budget, deficits grow.


Throughout the debate over if and how to replace the sequestration spending cuts that have officially gone into effect, President Barack Obama pushed for what he called a "balanced" plan of spending cuts and tax hikes to attack deficit reduction, and scolded his Republican antagonists for not agreeing to his proposed tax hikes. It's been a common theme for the President for a couple of years now - acknowledging that deficit reduction is a priority while continuing to push for "balance." Expect to see it further in the coming debate over an operating budget for the federal government.

Barack Obama...