In response to:

President Obama's Deficit Problem

w-smith-84 Wrote: Jan 21, 2013 1:10 AM
Oooo, scary, Kev. "First off, the CBPP assumes that sequestration cuts are going to happen" Really? "we start with a budget baseline that assumes... that policymakers will cancel “sequestration” (without offsetting the $1.1 trillion cost over ten years, which includes interest costs)... http://www.cbpp.org/cms/index.cfm?fa=view&id=3885 - READ IT! The good news - Kevin acknowledges the CBPP. The bad news? Kevin says: [T]he CBPP's report only covers the next ten years. DOES ANYONE BELIEVE A BUDGET PROJECTION PAST TEN YEARS? What a joke...
JB in MS Wrote: Jan 21, 2013 3:08 AM
From the Obama camp I wouldn't believe a budget prediction past the next ten minutes...
Pistol Wrote: Jan 21, 2013 10:01 AM
From the Obama camp I wouldn't believe anything. The only non-lie I can think of is he said he would transform America. And how's that working out? New records set in deficits, national debt, house foreclosures, dropping wages, dropping net worth, cost of education, number of government employees, food stamps and people below the poverty line. Some transformation!!
w-smith-84 Wrote: Jan 21, 2013 11:54 AM
"New records set in deficits, national debt, house foreclosures, dropping wages, dropping net worth, cost of education, number of government employees, food stamps and people below the poverty line."

Yea that Obama Great Recession "that began in December 2007 and took a particularly sharp downward turn in September 2008". Damn that Obama!

And Republicans have obstructed every serious PROVEN EFFECTIVE measure to offset the negative economic impacts from the drop in aggregate demand that resulted from the initial BANK caused crash.

You're not a serious person. Surprise! This IS Town Hall after all.



Republicans are reportedly ready to vote to hike the debt ceiling without any of the major deficit-related concessions they've been pushing for from Democrats, and budget-watchers will soon turn their attention to the looming sequestration spending cuts (from the Budget Control Act, or BCA) scheculed to take place on March 1 and the expiration of the continuing resolution budget that the federal government has been operating on, scheduled to take place March 28.

Progressives, however, have been declaring the deficit problem "mostly solved." A report from the left-leaning Center on Budget and Policy Priorities found that, including all...