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  • Platinum Contributing Member

Fiscally conservative budget :snack:  Let's hear the excuses from the forum's fiscal conservatives :lmao: 

 

CBO: Trump's budget doesn't balance federal ledger

WASHINGTON (AP) — A new government analysis of President Donald Trump's budget plan says it wouldn't come close to balancing the federal ledger like the White House has promised.

Thursday's Congressional Budget Office report says that Trump's budget, if followed to the letter, would result in a $720 billion deficit at the end of 10 years instead of the slight surplus promised.

CBO said Trump's budget would reduce the deficit by a total of $3.3 trillion over 10 years instead of the $5.6 trillion deficit cut promised by the White House. The nonpartisan scorekeeper estimated that deficits in each of the coming 10 years will exceed the $585 billion in red ink posted last year.

CBO says that Trump relied on far too optimistic predictions of economic growth and that Trump's rosy projections are the chief reason his budget doesn't balance as promised.

"Nearly all of that (deficit) difference arises because the administration projects higher revenue projections — stemming mainly from a projection of faster economic growth," CBO said.

Trump's budget predicts that the U.S. economy will soon ramp up to annual growth in gross domestic product of 3 percent; CBO's long-term projections predict annual GDP growth averaging 1.9 percent.

Trump's May budget submission proposed jarring, politically unrealistic cuts to the social safety net for the poor and a swath of other domestic programs. Many of its recommendations were deemed dead on arrival and are being ignored by Republicans controlling Congress.

https://www.yahoo.com/news/cbo-trumps-budget-doesnt-balance-federal-ledger-151844253--politics.html

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  • Platinum Contributing Member
2 minutes ago, Snoslinger said:

budget concerns went out the window with all the other rw concerns jan 21, 2017 - transparency, conflicts of interest, honesty, integrity, pay-for-play, war mongering....

 

I know....it's just another issue to near them over the head with :lmao: How manyntimes kfer the last 8 years did we hear about the deficit? :news:

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Taxpayer Funded Political Ads on MSNBC: $495,000 was spent to air commercials touting the Obama administration “green training” job efforts on Obama friendly Olberman and Maddow MSNBC cable shows. These funds did not create any jobs.

 

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Dead, Duplicate, and Disqualified Food Stamp Recipients: The USDA Inspector General found roughly 2,000 dead people are still receiving food stamps in New York and Massachusetts combined. Additionally, its investigation revealed 7,236 people in these states are receiving duplicate benefits, while 286 are on state lists that should exclude them from receiving food stamps. These unnecessary payments amount to $1.4 million every month.

 

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Dept. of Education Scale back the U.S. Department of Education Bureaucracy: In recent years, the Department of Education's annual budget increased by nearly 36 percent yet as little as 65 to 70 cents of every dollar of federal educational spending actually makes it into the classroom.

 

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Trump needs to find himself a Gruber.  He can make magic happen with numbers for the CBO.  Worked for Obama!!!!

Obamacare architect Jonathan Gruber said that lack of transparency was a major part of getting Obamacare passed because “the stupidity of the American voter” would have killed the law if more people knew what was in it.

Gruber, the MIT professor who served as a technical consultant to the Obama administration during Obamacare’s design, also made clear during a panel quietly captured on video that the individual mandate, which was only upheld by the Supreme Court because it was a tax, was not actually a tax.

“This bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO scored the mandate as taxes, the bill dies. Okay, so it’s written to do that.  In terms of risk rated subsidies, if you had a law which said that healthy people are going to pay in — you made explicit healthy people pay in and sick people get money, it would not have passed… Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really really critical for the thing to pass… Look, I wish Mark was right that we could make it all transparent, but I’d rather have this law than not.”

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Dept. of Health and Human Services Taxpayer Funded House of Pancakes:Almost $800,000 of federal taxpayer funds went to subsidize pancakes in the nation‘s capital. An International House of Pancakes (IHOP) franchise was built with financial assistance courtesy of Uncle Sam. It was intended to help an underserved community however the new IHOP is not located in an "underserved community" but in the popular Columbia Heights neighborhood.

 

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Dept. of Labor Government Overpaid $14 Billion in Unemployment Benefits in 2011: The federal government and states overpaid an estimated $14 billion in benefits in FY 2011, or roughly 11% of all the jobless benefits paid out, according to reports from the U.S. Labor 

 

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1 minute ago, Snoslinger said:

creepr how in the fuck do you manage to sleep at night with visions of your pennies going to ihops and shit running thru your brain?

:lol:

 

So loibtards like you And Knobrider whineabout budgets and then laugh about wasting taxpayer money ,

and then whine that that the rich don't pay their fair share while voting for proven taxdodgers,

And you wonder why you are a laughingstock and but of most jokes here ?

 

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COMMENTARY BY

Spencer Woody

Spencer Woody is a member of the Young Leaders Program at The Heritage Foundation.

Rabbit massages, laughing classes, and watching the grass grow–these are just a few examples of where your tax dollars went this year.

During a time when many families have made financial sacrifices to make ends meet, the federal government continues to spend. Washington politicians continue to claim their levels of spending are necessary and that they have cut all of the nonessential spending they could find.

However, this could not be farther from the truth. Heritage budget expert Romina Boccia explains:

Special interest pressures and a lack of congressional oversight and interest in eliminating poorly functioning government programs are partly responsible for wasteful spending. A Government Waste Commission could help to break through the status quo to consolidate duplicative programs and eliminate inappropriate spending and waste to better prioritize federal dollars.

 

The following is our list of the top 7 examples of wasteful government spending from Republican Sen. Tom Coburn’s new “Wastebook 2014.”As our list shows, there are plenty of places to cut wasteful federal spending:

177506929
1. The National Institute of Health’s Center for Alternative and Complimentary Medicine spent $387,000 to study the effects of Swedish massages on rabbits.

78048045
2. The Department of Interior spent $10,000 to monitor the growth rate of saltmarsh grass. In other words, the government is paying people to watch grass grow. On the bright side, they have not started paying people to watch paint dry.

141007_AmericaRising-1
3. The National Science Foundation has granted more than $200,000 to a research project that is trying to determine how and why Wikipedia is sexist. Wikipedia’s War on Woman?

470406855
4. The National Institute of Health funded a study to see if mothers love dogs as much as they love kids. Regardless of the results, this experiment cost taxpayers $371,026.

sb10063680ai-001
5. The federal government has granted $804,254 for the development of a smartphone game called “Kiddio: Food Fight.” The game is intended to teach parents how to convince their children to try and eat new healthier food choices.

453958099
6. The National Endowment for the Humanities has provided $47,000 for undergraduate classes that teach students about laughing and humor.

lion treadmill

7.  The National Science Foundation spent $856,000 to teach mountain lions how to walk on treadmills as part of a research project whose aim was to better understand mountain lions’ instincts.

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COMMENTARY BY

Spencer Woody

Spencer Woody is a member of the Young Leaders Program at The Heritage Foundation.

Rabbit massages, laughing classes, and watching the grass grow–these are just a few examples of where your tax dollars went this year.

During a time when many families have made financial sacrifices to make ends meet, the federal government continues to spend. Washington politicians continue to claim their levels of spending are necessary and that they have cut all of the nonessential spending they could find.

However, this could not be farther from the truth. Heritage budget expert Romina Boccia explains:

Special interest pressures and a lack of congressional oversight and interest in eliminating poorly functioning government programs are partly responsible for wasteful spending. A Government Waste Commission could help to break through the status quo to consolidate duplicative programs and eliminate inappropriate spending and waste to better prioritize federal dollars.

 

The following is our list of the top 7 examples of wasteful government spending from Republican Sen. Tom Coburn’s new “Wastebook 2014.”As our list shows, there are plenty of places to cut wasteful federal spending:

177506929
1. The National Institute of Health’s Center for Alternative and Complimentary Medicine spent $387,000 to study the effects of Swedish massages on rabbits.

78048045
2. The Department of Interior spent $10,000 to monitor the growth rate of saltmarsh grass. In other words, the government is paying people to watch grass grow. On the bright side, they have not started paying people to watch paint dry.

141007_AmericaRising-1
3. The National Science Foundation has granted more than $200,000 to a research project that is trying to determine how and why Wikipedia is sexist. Wikipedia’s War on Woman?

470406855
4. The National Institute of Health funded a study to see if mothers love dogs as much as they love kids. Regardless of the results, this experiment cost taxpayers $371,026.

sb10063680ai-001
5. The federal government has granted $804,254 for the development of a smartphone game called “Kiddio: Food Fight.” The game is intended to teach parents how to convince their children to try and eat new healthier food choices.

453958099
6. The National Endowment for the Humanities has provided $47,000 for undergraduate classes that teach students about laughing and humor.

lion treadmill

7.  The National Science Foundation spent $856,000 to teach mountain lions how to walk on treadmills as part of a research project whose aim was to better understand mountain lions’ instincts.

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Daniel Resnic, who received more than $2.4 million to develop his brand of condoms modeled off of Japanese folding paper, and is now being accused of massive fraud, received his first grant from the National Institutes of Health (NIH) for a feasibility study in 2006. In 2007, he conducted his first clinical study.

After the initial $212,162 grant, Resnic applied for more funds to develop the  "RAI [Receptive Anal Intercourse] Condom" in January 2009.

His application revealed that his first male condom prototype, aside from being tested on 10 couples, was approved by the U.S. Department of Agriculture (USDA) for testing on rabbits under the Animal Welfare Act.

Pieces of cut up condoms were inserted into New Zealand White rabbits for a "Vaginal irritation test." The fragments were "instilled into the vaginal vault of three (3) rabbits per extract vehicle for five consecutive days."

"After the five day exposure, the animals were sacrificed and the vaginal tissue removed," according to the testing report sponsored by Nelson Laboratories, Inc.

"The rabbits were sacrificed by lethal injection with a sodium pentobarbital based solution (Euthasol) the day after the last dose and the vaginal tissue was carefully removed," it said.

At least six rabbits were used, three each for the testing group and a control group.

The document said the testing satisfied the Animal Welfare Act because it was needed to fulfill a "state or federal regulatory requirement" or was "scientifically necessary."

 

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  • Platinum Contributing Member
15 minutes ago, racer254 said:

Are you all concerned about the budget?  If so, then when can we expect you to start explaining that to Democrats?

I'm not....but I thought deficits and fiscal responsibility were major concerns for deficit hawks like you  :news:  Suddenly it's not an issue? :snack:

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Just now, SnowRider said:

I'm not....but I thought deficits and fiscal responsibility were major concerns for deficit hawks like you  :news:  Suddenly it's not an issue? :snack:

Of course you're not not concerned about spending, it's the only way your greed driven party can buy votes 

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  • Platinum Contributing Member
8 minutes ago, Sleepr2 said:

Of course you're not not concerned about spending, it's the only way your greed driven party can buy votes 

The D's are the real fiscal conservatives....at least we raise taxes when we increase spending :snack:

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2 minutes ago, SnowRider said:

The D's are the real fiscal conservatives....at least we raise taxes when we increase spending :snack:

That's all you do is raise taxes and then like atypical 47%er you whine about the people that pay you share 

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1 hour ago, SnowRider said:

I'm not....but I thought deficits and fiscal responsibility were major concerns for deficit hawks like you  :news:  Suddenly it's not an issue? :snack:

Dude, have you ever heard the saying about a big ship?  It takes time.  BTW, did trump raise taxes?

Are you happy that tuition is not being raised in the UW System?

Edited by racer254
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