Reagan Budget Director: Paul Ryan’s Plan Is A “Fairy Tale”

[The_Hammer]

Mitt Romney's plan is to lift regulations on Big Corporations and Big Banks, and giving Tax Breaks to the Wealthy.

Reality Check Mr. Romney, Trickle Down Economics doesn't work!

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[bike nut]

This actually hurts your argument of Obama being responsible for a bad budget.  Clearly the budgets passed are not Obama`s budgets since nobody votes for them.  This effectively takes the blame off of Obama.  You might want to use a different argument as a result.

"Obama's 2012 budget".......your boy owns it, lock stock, and both barrels of stupidity. So absolutely ridiculously stupid that not one Democrat would put their name to it.

Lemme guess....."Bush's fault"?

[The True Adonis]

"Obama's 2012 budget".......your boy owns it, lock stock, and both barrels of stupidity. So absolutely ridiculously stupid that not one Democrat would put their name to it.

Lemme guess....."Bush's fault"?

Why would it be Bush`s fault?  When was the last time a budget, solely created by the President, actually was approved and then passed?

You oughta point the figure at Congress and the CBO if you are unhappy with a budget.

[Megalodon]

Erskine Bowles, President Clinton's Chief of Staff, RIPS RYAN TO SHREDS!

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[Straw Man]

Obama's 2012 budget would have added another $6 trillion in debt. "Congress needs to do that and not start, you know, talking about -- you know, playing political gamesmanship again," White House spokesman Jay Carney said.

Still, no Democrat in the House or Senate voted for the President budget at all.

- CBS News

that's because it wasn't actually Obama's budget they were voting against


http://abcnews.go.com/blogs/politics/2012/05/house-and-senate-unanimously-reject-obama-budgets-or-do-they/

House and Senate Unanimously Reject Obama Budgets — Or Do They?

The White House today reacted to news that representations of President Obama’s budget had been voted down by the House and Senate by decrying the introduction of the amendments, by Republicans, as “gimmicks.”

“Gimmicks are not solutions,” White House press secretary Jay Carney emailed to ABC News. “The American people overwhelmingly support a balanced approach to our long-term budget challenges. That’s the approach the President supports. The sooner Republicans drop their intransigence and join the American people in supporting a balanced approach, the sooner Congress will be able to come together and reach a compromise.”

Sen. Jeff Sessions, R-Miss., introduced a budget amendment representing the president’s budget request; the Sessions amendment was voted down 99-0. (You can read it HERE.)

A similar effort from Rep. Mick Mulvaney, R-SC, was rejected in the House 414-0.

Sessions told reporters that it was “stunning” that no one voted for the version of the Obama budget he put forward. “A sitting president of the United States, seeking reelection, can’t lay out a plan that will gain a single vote in the House or Senate for the financial future of America,” he said. “It speaks volumes

While the Sessions and Mulvaney bills put forward the same topline numbers as those in the president’s budget, neither offered any specifics. The Sessions legislation was 56 pages long; actual budgets are closer to 2,000 pages long.

Thus, a White House official said, the Sessions proposal was a “shell that could be filled with a number of things that could hurt our economy and hurt the middle class,” a White House official said. “For example, rather than ending tax breaks for millionaires his budget could hit the revenue target by raising taxes on the middle class and rather than ending wasteful programs, his budget could hit its spending target with severe cuts to important programs.”

“This is the president’s budget,” said the top Democrat on the Senate Budget Committee, Sen. Kent Conrad of South Dakota,  indicating the voluminous budget proposal President Obama offered. “This is what Sen. Sessions has presented as being the president’s budget,” he said,  indicating the much slimmer document.

“I think it’s readily apparent there is a big difference between the president’s budget, which I hold in my hands, and what Sen. Sessions has presented as being the president’s budget. This is not the president’s budget. So, of course, we’re not going to support it. It’s not what the president proposed.”

The White House official said the Sessions and Mulvaney’s bills were mere GOP stunts to get Democrats on record opposing ‘the President’s budget’” as well as distracting from what the House Republican budget would do, which the official described as “protect(ing) massive tax cuts for millionaires and billionaires while making the middle class and seniors pay.”

-Jake Tapper

[bike nut]

Why would it be Bush`s fault?  When was the last time a budget, solely created by the President, actually was approved and then passed?
You oughta point the figure at Congress and the CBO if you are unhappy with a budget.

The president's budget proposal called for $3.8 trillion in spending along with $1 trillion in cuts. Those cuts were spread out over 10 years, meaning, the budget actually called for $100 million in cuts—assuming the cuts weren't back-loaded into future years (which they were) and that they actually represented cuts as opposed to reductions in planned growth (which they didn't). So cut the CBO crap.

So you feel $350 billion more in stimulus to try to "jump start" an economy based on macroeconomic models that predict how the economy "should" work is a good idea? How exactly does government spending create jobs - when it actually moves jobs around, until taxing and borrowing causes the jobs to disappear?

Fire away....let's hear the Obama plan.

[The True Adonis]

The president's budget proposal called for $3.8 trillion in spending along with $1 trillion in cuts. Those cuts were spread out over 10 years, meaning, the budget actually called for $100 million in cuts—assuming the cuts weren't back-loaded into future years (which they were) and that they actually represented cuts as opposed to reductions in planned growth (which they didn't). So cut the CBO crap.

So you feel $350 billion more in stimulus to try to "jump start" an economy based on macroeconomic models that predict how the economy "should" work is a good idea? How exactly does government spending create jobs - when it actually moves jobs around, until taxing and borrowing causes the jobs to disappear?

Fire away....let's hear the Obama plan.

I want a plan that reduces the birth rate so that jobs don`t have to be created.

[flipper5470]

It's a budget surplus... No one used the surplus to pay down the debt though.

The debt during the 8 years of GWB was the highest percentage of debt raise EVER in the history of the US.

Even Obama's first 4 years have not compared to GWB on any level.

"Clinton" was greatly aided by demographics and the capital gains tax cut.  During his Presidency, the baby boomers hit ttheir pek earnings years.  This lead to an influx of revenue.  The cap gains tax cut lead investor to buy and sell more freely because they were allowed to keep far more of the profits. With the loft in the marketplace created by an influx of cash from 401k and pension plans, huge amounts of tax revenue were realized by the treasury  as investors booked gain after gain....

GWB was hamstrung by a recession that he inherited in 2001, the aftershocks of 9/11 the resulting Mideast wars ( that many dems voted for) and the collapse of an overheated housing market that for a number of reasons, nearly destroyed the banking industry.

My main issue with Obama is his obvious distrust of the business community and his sheer ignorance of how capitalism actually works.

[Marty Champions]

the total collapse of america shouldve already happend but it didnt. if obama and romney didnt even run but rather pooled both of there campain moneys together to fix the deficit they could probably create a nice dent in the national debt?

this world is much bigger than whos gonna be the next president, that shit dont even matter, its just another tv show soap oprah that people like to get involved in but theyll never figure it out because the script was never in there hands

[Marty Champions]

I want a plan that reduces the birth rate so that jobs don`t have to be created.

that will never happen in america now bro with a plan to reduce birth rate. we are so out of control liberal that is the anti-thesis to the meaning of liberal, obama would not approve