How will the Senate pay for extended unemployment costs?

Quote

Originally posted by: hoops2

After almost tripling the deficit ....



That would be a great slam dunk if it was remotely true.
Boilerman and hoops2, don't you realize by now that PJ, Chilcoot, and forkush are not interested in the reality that everyone with an iota of common sense sees? They only distribute large quantities of B.S. while ignoring the forest for the trees.
I'm a chemical sales representative. I'd get fired if I lost half of my business in the first six months, then bragged how I got half of the lost business back in the second six months. I'd never get the opportunity to have terrible sales for five consecutive years because I'd get fired well before that ever happened. Isn't it amazing how pay for performance motivates people? Obama could have walked away from the Bush Stumulus plan, so he owns year one of the huge deficit jump 5 years ago.

Either way, we were discussing the funding for a $10,000,000,000 giveaway. Is paying for it with an IOU okay? And Forkie, please no examples of how we've done similar things in the past. It's a simple question..............."Is it acceptable to fund this giveaway with an IOU and a loan from China?"

Stop Forkie, we know that America has done such things in the past. The question is simple, so please read it again and don't spin into something else.

Stop Forkie, it's a simple question, so please read it again and don't spin into something else.



Quote

Originally posted by: hoops2
"The deficit has been cut in half under this administration largely on the philosophy that government spending needs to be paid for"

After almost tripling the deficit oabama and company now brag that they reduced it in half.

Most of the reduction is due to increased tax revenue from obamacare, while at the same time obamacare has incurred very little expenses. Once the expenses come into line with the revenue the deficit increases rapidly until all tax revenue will go to social security, medicare and bond interest


Quote

Originally posted by: Boilerman
I'm confident that America ran a $412,000,000,000 deficit for the first 6 months of fiscal year 2014 because American politicians have regularly "kicked the can down the financial road" in the past.



Bingo! You can trace the deficits back to the first day the Bush Administration passed massive, unreconciled tax cuts on the premise they would create jobs. (How'd that work out by the way?) It has since been fractionally repealed.

If you want to complain about the deficit you should point to the unpaid for provisions that cause it...not paid for provisions that dont.

2013 fiscal year deficit: $680,000,000,000
2014 fiscall year 1st six month deficit: $412,000,000,000

This trend doesn't look good to me. Either way, please stop the spinning boys and girls and address the question at hand. Is it acceptable to pay for this giveway with and IOU and a loan from China?




Quote

Originally posted by: pjstroh
Quote

Originally posted by: Boilerman
I'm confident that America ran a $412,000,000,000 deficit for the first 6 months of fiscal year 2014 because American politicians have regularly "kicked the can down the financial road" in the past.



Bingo! You can trace the deficits back to the first day the Bush Administration passed massive, unreconciled tax cuts on the premise they would create jobs. (How'd that work out by the way?) It has since been fractionally repealed.

If you want to complain about the deficit you should point to the unpaid for provisions that cause it...not paid for provisions that dont.


2008 deficit $459B, 2009 deficit $1.4t

I forgot to include increased ss taxes as another reason for the reduction. The govt uses the increased ss money to pay for the current year and doesn't reserve it for it's true use.




Rick
Quote

Originally posted by: Boilerman
2013 fiscal year deficit: $680,000,000,000
2014 fiscall year 1st six month deficit: $412,000,000,000

This trend doesn't look good to me. Either way, please stop the spinning boys and girls and address the question at hand. Is it acceptable to pay for this giveway with and IOU and a loan from China?




Quote

Originally posted by: pjstroh
Quote

Originally posted by: Boilerman
I'm confident that America ran a $412,000,000,000 deficit for the first 6 months of fiscal year 2014 because American politicians have regularly "kicked the can down the financial road" in the past.



Bingo! You can trace the deficits back to the first day the Bush Administration passed massive, unreconciled tax cuts on the premise they would create jobs. (How'd that work out by the way?) It has since been fractionally repealed.

If you want to complain about the deficit you should point to the unpaid for provisions that cause it...not paid for provisions that dont.



Please use scientific notation for them big ass numbers. I guess after 9 decimal places it's all "theoretical".
Quote

Originally posted by: hoops2
After almost tripling the deficit oabama and company now brag that they reduced it in half.

. . .

2008 deficit $459B, 2009 deficit $1.4t
The 2009 budget year began during the George W. Bush administration, in October 2008. Here is the budget he offered for 2009. He offered it on February 4, 2008.

President Obama's first budget was for fiscal year 2010. He submitted it on February 26, 2009 about a month after he took office.



You know this, you've been told it here many times.

You clearly just prefer denial.
Quote

Originally posted by: hoops2
2008 deficit $459B, 2009 deficit $1.4t

I forgot to include increased ss taxes as another reason for the reduction. The govt uses the increased ss money to pay for the current year and doesn't reserve it for it's true use.


Yes, the 2009 deficit belongs to Bush's last fiscal year in office. Thank you for correcting your earlier misstatement.
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