[img]http://istanbul.usconsulate.gov/uploads/rd/7y/rd7yk7lh24jxzhn1vD-Isw/voanews.jpg[/img]
[release]A new analysis says the 2012 U.S. budget as proposed by President Barack Obama would produce deficits of $9.5 trillion over the next 10 years - trillions more than if Obama's proposals are not adopted.
An independent arm of the U.S. Congress, the Congressional Budget Office, Friday released its preliminary analysis of Obama's 2012 budget, although the government has yet to pass a final budget for the 2011 fiscal year already under way.
The CBO said Obama's budget would reduce the deficit in 2012 and reduce it further until 2015, but that after that the deficit would increase again. The CBO predicted the national debt under Obama's proposals would double by 2021.
White House budget chief Jack Lew said the CBO analysis failed to account for Obama's promises to find funding for some major investment programs, and to cancel the programs if funding is not available. Lew acknowledged that the deficit is "unacceptably high" and that without making changes, the fiscal situation hampers future growth.
Republican Representative Jaime Herrera Beutler of Washington State said the Obama administration has moved too slowly in removing regulations that stifle economic growth.
In the Republican's weekly address Saturday, Beutler also says members of her party are determined to reduce government spending and begin discussions on reforming entitlement programs.
The U.S. government's overall accumulated debt now totals more than $14 trillion. It is a figure that has risen rapidly as the government pumped money into the national economy and bailed out failing corporations in an effort to counteract the effects of the 2008 financial meltdown.[/release]
[url=http://www.voanews.com/english/news/usa/CBO-Analysis-Obamas-2012-Budget-Increases-Deficit-118293374.html]Source[/url]
No shit
[editline]19th March 2011[/editline]
This just in: Obama isn't doing a good job
[quote]In the Republican's weekly address Saturday, Beutler also says members of her party are determined to reduce government spending and begin discussions on reforming entitlement programs. [/quote]
ahahahahahaha
right
From an Internationale perspective, Obama has done very well considering what he got left with.
And then on top of that the impossible republican party shitting on everything.
Just think what your country would be like with Macain.
"The CBO said Obama's budget would reduce the deficit in 2012 and reduce it further until 2015"
It's extremely hard to project costs into the future further than that, and it's also why we do budgets on a yearly basis, and not a decade one. Changes will be made to the budget when the need arises.
[QUOTE=Chevron;28696852]From an Internationale perspective, Obama has done very well considering what he got left with.
And then on top of that the impossible republican party shitting on everything.
Just think what your country would be like with Macain.[/QUOTE]
Rated agree x1000. I agree Obama is incredibly naive and needs some experience with shit like this, but I think after 4 years of learning to be President, he'd be a pretty capable one the next 4.
Knowing how the world works, if McCain was elected, the stress of the office would have killed him immediately and Sarah Palin would have accidentally blown up half the world by now.
And?
When you fight an opposing party every step of the way, how the fuck do you think it's going to turn out? I doubt Obama wants to veto every single piece of legislation until he gets what he wants. (I would thought :P)
[QUOTE=Chevron;28696852]From an Internationale perspective, Obama has done very well considering what he got left with.
And then on top of that the impossible republican party shitting on everything.
Just think what your country would be like with Macain.[/QUOTE]
done very well? he doesn't done [i]anything.[/i]
please, point out one major accomplishment that has been acclaimed by the majority of the government and the people.
[QUOTE=Amplar;28697608]done very well? he doesn't done [i]anything.[/i]
please, point out one major accomplishment that has been acclaimed by the majority of the government and the people.[/QUOTE]
[url]http://whatthefuckhasobamadonesofar.com/[/url]
ahaha first result was health care reform bill
woops i get to go to jail because i can't afford free health care
[QUOTE=Amplar;28697841]ahaha first result was health care reform bill
woops i get to go to jail because i can't afford free health care[/QUOTE]
woops you are a moron.
[QUOTE=Amplar;28697841]ahaha first result was health care reform bill
woops i get to go to jail because i can't afford free health care[/QUOTE]
"wut did obama do? lol"
*long list*
"first thing sed healthcare lol dumbass"
[QUOTE=Amplar;28697608]done very well? he doesn't done [i]anything.[/i]
please, point out one major accomplishment that has been acclaimed by the majority of the government and the people.[/QUOTE]
Republican congressmen and senators say the same thing, and then they vote down everything democrats try.
[editline]19th March 2011[/editline]
[QUOTE=Amplar;28697841]ahaha first result was health care reform bill
woops i get to go to jail because i can't afford free health care[/QUOTE]
"can't afford free health care"
what are you dense
And nobody listens to me, proving that FP are actually the dense ones.
You can either have high taxes for the upper classes and entitlement programs with a deficit, or lower taxes for the upper classes and no entitlement programs with a deficit. I think I'd rather have the former.
[QUOTE]The Republican's weekly address Saturday, Beutler also says members of her party are determined to reduce government spending and begin discussions on reforming entitlement programs.[/QUOTE]
Yeah, this is bullshit. What they're most likely going to do is focus on abortion, gay marriage, and other socially Conservative issues, and completely ignore things like the defense budget. They're going to cut important social programs that end up costing only a fraction of the budget, and then complain come 2012 when Obama "hasn't done enough to lower the deficit".
the only reason anyone likes obama is because he is better in comparison to bush and mccain
standalone the guy is a fucking joke of a president
[QUOTE=yawmwen;28700001]the only reason anyone likes obama is because he is better in comparison to bush and mccain
standalone the guy is a fucking joke of a president[/QUOTE]
However true this may or may not be, it will be exactly the same next election considering the current list of Republican candidates...
[QUOTE=deathstarboot;28700056]However true this may or may not be, it will be exactly the same next election considering the current list of Republican candidates...[/QUOTE]
This is true. Especially given the royal fuck-ups of the governors in Indiana, Ohio, Wisconsin, and Michigan, several states will turn back to Democrat, I suspect.
[QUOTE=yawmwen;28700001]the only reason anyone likes obama is because he is better in comparison to bush and mccain
standalone the guy is a fucking joke of a president[/QUOTE]
he is the best presidential candidate we have right now, so just shut the fuck up
[QUOTE=Nexus435;28700295]he is the best guy we have right now, so just shut the fuck up[/QUOTE]
if the best guy around is a fucking joke then i think we are in a lot of trouble
[QUOTE=yawmwen;28700318]if the best guy around is a fucking joke then i think we are in a lot of trouble[/QUOTE]
[url]http://whatthefuckhasobamadonesofar.com/[/url]
How is Obama a joke? Care to explain?
[url]http://www.facepunch.com/threads/1071127-Ok.-Some-mother-fucker-WILL-NOT-STOP-DING-DONG-DITCHING-ME.-What-do-i-fucking-do[/url]
Stop escaping this thread, come back, we want to hear it.
[QUOTE=Nexus435;28700344][url]http://whatthefuckhasobamadonesofar.com/[/url][/QUOTE]
useless website, i could have done the same with bush
[QUOTE=Cell;28700351]How is Obama a joke? Care to explain?[/QUOTE]
increasing the deficit, passing a fucked up stimulus pack first thing in his presidency, passing a health care bill that does just about nothing, failing to wrangle in an overly belligerant and oppressive israel, refusing to reform the education systems
[QUOTE=Cell;28700351]How is Obama a joke? Care to explain?[/QUOTE]
Real mature, Boba_Fett. Just rate him dumb for asking yawmwen what he means.
[editline]19th March 2011[/editline]
[QUOTE=yawmwen;28700593]useless website, i could have done the same with bush
increasing the deficit, passing a fucked up stimulus pack first thing in his presidency, passing a health care bill that does just about nothing, failing to wrangle in an overly belligerant and oppressive israel, refusing to reform the education systems[/QUOTE]
Deficit spending is the only thing that's going to pull us out of this recession. That and the stimulus [B]did[/B] help. The health care bill sucking now isn't even his fault, by the way. As for the education system and Israel, that's a relatively valid point, but if I recall correctly he's already discussing education reform, starting with the reform of No Child Left Behind. Obama isn't a joke, and you have got to be fucking kidding me if you consider a list of what he's done a joke, or thinking you could do the same for Bush.
[QUOTE=Megafanx13;28700598]Real mature, Boba_Fett. Just rate him dumb for asking yawmwen what he means.[/QUOTE]
Darn, I was hoping nobody would call me out on that.
[QUOTE=Boba_Fett;28700715]Darn, I was hoping nobody would call me out on that.[/QUOTE]
I thought you would be better than that.
Chris Christie 2012
the fatter the better
Sorry, you need to Log In to post a reply to this thread.
