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How will the Senate pay for extended unemployment costs?

pjstroh
pjstroh
Apr 8, 2014
4:40am
Block User
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?


1.4 trillion deficits to 412 billion deficits is not a good trend?

You already mentioned how the bill is paid for...and it wasn't IOU to China. but you have a long history of advocating much more expensive policy that was accounted for with an IOU to China. So its a little hard to take you seriously on this topic.
hoops2
hoops2
Apr 8, 2014
4:40am
Block User
obama was president for 75% of that fiscal year. He and the democratically controlled congress had the power to reduce spending but they chose to increase it.

Remember the stimulus program that was not going to allow unemployment to go over 8%?
Dan Svatass
Dan Svatass
Apr 8, 2014
5:09am
Block User
The budget that President Obama submitted in early 2009 included over $2 trillion in cuts over the coming decade. Farm subsidy programs, pricey Pentagon weapons programs, and the "carried-interest" loophole on Wall Street, some of many.

When Sen. Kirk finally got into office six days before the end of FY09, finally giving Democrats brief control of the Senate, how the hell were they to reverse the $400 billion Bush spent rescuing Fannie Mae and Freddie Mac and on the TARP program, before President Obama was sworn in?

Fantasyland, home to hoops2.

Boilerman
Boilerman
Apr 8, 2014
6:11am
Block User
And why didn't Obama change Bush's budget?


Quote
Originally posted by: Chilcoot
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.



Boilerman
Boilerman
Apr 8, 2014
6:13am
Block User
And I'll ask again. Why didn't Obama change the busget for 2009?


Quote
Originally posted by: pjstroh
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.


Boilerman
Boilerman
Apr 8, 2014
6:16am
Block User
Please read my information again. If the next six months runs at the same rate deficit rate as the last six months, then the 2014 deficit will be up 21% from 2013.


Quote
Originally posted by: pjstroh
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?


1.4 trillion deficits to 412 billion deficits is not a good trend?

You already mentioned how the bill is paid for...and it wasn't IOU to China. but you have a long history of advocating much more expensive policy that was accounted for with an IOU to China. So its a little hard to take you seriously on this topic.


Dan Svatass
Dan Svatass
Apr 8, 2014
6:16am
Block User
Quote
Originally posted by: Boilerman
And I'll ask again. Why didn't Obama change the busget for 2009?
He didn't have the votes in the U.S. Senate.

My turn: How do you not know this?
Boilerman
Boilerman
Apr 8, 2014
6:20am
Block User
Okay, I'll ask this question for a forth time, and then we see if the Liberals on this board continue too duck and dodge.

Is it acceptable to create a new $10 billion giveaway and pay for it with an IOU and a loan from China?
Boilerman
Boilerman
Apr 8, 2014
6:22am
Block User
Obama also didn't have the votes to change Obamacare either. Apparently the house and senate can by bypassed, so again, why didn't Obama change the budget?


Quote
Originally posted by: Chilcoot
Quote
Originally posted by: Boilerman
And I'll ask again. Why didn't Obama change the busget for 2009?
He didn't have the votes in the U.S. Senate.

My turn: How do you not know this?


Dan Svatass
Dan Svatass
Apr 8, 2014
6:26am
Block User
The first half FY14 saw a deficit of $413 billion. Last year it was $600 billion.

In other words, this year's first half deficit is down 31% from last year's first half deficit.

Revenue is up 10%, spending is down 4%.

Things keep improving.

Boilerman, your Tea(party)cup is ready.

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