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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Straw Man on February 11, 2018, 12:15:22 PM

Title: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Straw Man on February 11, 2018, 12:15:22 PM
cue the Trumptard excuses

Budget Deficit for this year is projected to be 1.2 TRILLION


Quote
Republicans Learn to Love Deficit Spending They Once Loathed

Big government is officially back in style.

Republicans propelled themselves to power in Washington by promising an end to fiscal recklessness. They are now embracing the kind of free spending and budget deficits they once claimed to loathe.

On Friday, Congress passed a bipartisan spending deal that blows through the caps imposed by the 2011 Budget Control Act, unlocking $300 billion in additional spending for the military and domestic programs over the next two years. That comes on top of last year’s $1.5 trillion tax cut package and as the White House prepares to unveil on Monday a $1.5 trillion infrastructure plan that would require $200 billion in government funding.

While the White House says it plans to offset that $200 billion through unspecified cuts, none of the other spending is paid for at a time when the nation’s debt already tops $20 trillion.

The long-term implications of all this borrowing put the United States on track to ultimately owe more to its creditors than the economy produces over the course of a year. The nonpartisan Committee for a Responsible Federal Budget projects that the United States will run $2 trillion annual budget deficits by 2027 and have a debt-to-gross domestic product ratio of 105 percent — a level not seen since the end of World War II.

“With this deal, we will experience trillion-dollar deficits permanently,” said Andy Roth, vice president of the conservative Club for Growth. “That sort of behavior, the last time I checked, is not in the Republican platform.”


https://www.nytimes.com/2018/02/08/us/politics/republicans-spending-deficits-debt.html
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: mazrim on February 12, 2018, 08:20:11 AM
You're a moron. Most oppose this on this forum. Once again, objectivity rears its head. Try it, big guy. Now, explain why you care so much now but not in the previous administrations or at least seem to make no mention of it except pointing out one party over another? We care all of the time.
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Yamcha on February 12, 2018, 11:35:35 AM
Can't wait to see the cuts to all the social programs  ;D
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Yamcha on February 12, 2018, 12:30:34 PM
Can't wait to see the cuts to all the social programs  ;D

Like this idea!  :D :D :D :D :D

Trump Budget Would Swap Food Stamps for ‘100% American’ Food Packages

https://www.bloomberg.com/news/articles/2018-02-12/trump-budget-swaps-food-stamps-for-100-percent-american-food (https://www.bloomberg.com/news/articles/2018-02-12/trump-budget-swaps-food-stamps-for-100-percent-american-food)

-In budget proposal, most recipients would get food directly

-Move is projected to save $214 billion over the next decade


In what would be one of the biggest shakeups of the U.S. food-stamp program in its five-decade history, President Donald Trump is proposing to slash cash payments and substitute them with "100 percent American grown food" given to recipients.

The changes, outlined Monday in Trump’s budget proposal, would reshape the Supplemental Nutrition Assistance Program, or SNAP, which supports roughly one in eight Americans, by reducing cash spending by about one-third from current levels.

The plan is part of an effort to reform SNAP and save a projected $214 billion over a decade. It would give all households receiving more than $90 a month in cash a food-aid package that would "include items such as shelf-stable milk, ready to eat cereals, pasta, peanut butter, beans and canned fruit, vegetables, and meat, poultry or fish," according to the proposal.
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Coach is Back! on February 12, 2018, 03:05:06 PM
cue the Trumptard excuses

Budget Deficit for this year is projected to be 1.2 TRILLION




You’re quite the economic genius, aren’t you...

But hey, let’s give money to third world countries to teach them how to wash their balls
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Soul Crusher on February 12, 2018, 05:35:23 PM
F yes


Like this idea!  :D :D :D :D :D

Trump Budget Would Swap Food Stamps for ‘100% American’ Food Packages

https://www.bloomberg.com/news/articles/2018-02-12/trump-budget-swaps-food-stamps-for-100-percent-american-food (https://www.bloomberg.com/news/articles/2018-02-12/trump-budget-swaps-food-stamps-for-100-percent-american-food)

-In budget proposal, most recipients would get food directly

-Move is projected to save $214 billion over the next decade


In what would be one of the biggest shakeups of the U.S. food-stamp program in its five-decade history, President Donald Trump is proposing to slash cash payments and substitute them with "100 percent American grown food" given to recipients.

The changes, outlined Monday in Trump’s budget proposal, would reshape the Supplemental Nutrition Assistance Program, or SNAP, which supports roughly one in eight Americans, by reducing cash spending by about one-third from current levels.

The plan is part of an effort to reform SNAP and save a projected $214 billion over a decade. It would give all households receiving more than $90 a month in cash a food-aid package that would "include items such as shelf-stable milk, ready to eat cereals, pasta, peanut butter, beans and canned fruit, vegetables, and meat, poultry or fish," according to the proposal.
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: B_B_C on February 17, 2018, 05:41:12 AM
 tea is no protection against a growing deficit
Title: Re: Republicans Learn to Love Deficit Spending They Once Loathed
Post by: Fuzzy Nuts on February 17, 2018, 08:35:21 AM
Same old BS from the cheerleaders. Blowing up deficit is good as long as they're getting finger blasted by a republican.