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Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule

Discussion in 'Political Debate & Discussion' started by carpro, Mar 16, 2011.

  1. carpro

    carpro Well-Known Member
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    http://www.weeklystandard.com/blogs...federal-revenues-fiscal-year-2011_554659.html

    Mandatory Spending to Exceed all Federal Revenues — 50 Years Ahead of Schedule

    9:00 AM, Mar 16, 2011 • By JEFFREY H. ANDERSON


    The White House Office of Management and Budget projects that in the current fiscal year (2011), mandatory spending alone will exceed all federal receipts.

    Congress is arguing over a mere $60 billion cut!!!!!

    Insanity. :BangHead:
     
  2. billwald

    billwald New Member

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    Bring all the troops home. Budget problem solved.
     
  3. carpro

    carpro Well-Known Member
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    Simplistic and untrue.

    We would still be paying out more in entitlements than we are taking in, even if we completely eradicate the DOD.
     
    #3 carpro, Mar 17, 2011
    Last edited by a moderator: Mar 17, 2011
  4. AresMan

    AresMan Active Member
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    While I agree that we should bring them home, you can't possibly think that what is spent on overseas adventuring accounts for even close to the insane amount of federal spending.

    I will make a correction for you:

    Bring all the troops home.
    Phase out Social Security, Medicare, and Medicaid.
    Repeal Obamacare.
    Get rid of the departments of Homeland Security, Education, Energy, Agriculture.

    Problem solved.
     
  5. blackbird

    blackbird Administrator
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    What you want is a disolving of national deficit spending----------this is what I tell my wife all the time--------when the checkbook gets down to ZERO------------you stop spending---period----until next payday!!

    Is this what you're telling us---------take away the government's credit cards????????????
     
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