Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.

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After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

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It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.

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You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

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To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.

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I have a record as governor. I have a record of cutting spending. And I talked yesterday not only about we ought to cut spending, I talked about how we've cut spending in Mississippi and how if you did the same things in the federal government, you would save tens of billions of dollars a year.

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I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

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Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

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As I have traveled throughout my Congressional district, the one thing I heard loud and clear was simply please stop spending money you do not have, rein in spending, live within a budget.

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And so we go over the cliff fiscally, and our Republican friends try to pin the blame on discretionary domestic spending, including spending for security. We pass budget resolutions that fall far short.

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Domestic discretionary spending on education and health care and the environment has been growing at 2 to 3 percent a year. He says we have to rein it in, but he ignores the spending category that is the big spike in the budget.

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And I have to tell you as a grandmother, I worry about the fact that my grandchildren are going to be paying for all the spending, including military spending, that has gone on and the tax cuts that have come through.

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The Boy and the Teacher

Teacher, teacher, 'why is my gram parent going to have to go to a nursing home? '

'Well', says the teacher in disgust. 'The republicans(Defenders of the rich) won't allow the raise of the government budget ceiling(The Amount Of Money That The Government Can Borrow.) they don't want to raise taxes on the job creators(Corporations..). But they want taxes on the workers and cuts in government funded programs to equal the new budget. The Democrats(The Ones Who Believe Our Country Should Be A Nanny State) . Don't want to make the cuts in certain government programs or raise taxes on the poor and want to raise the budget ceiling without paying for it.'

The little boy says 'That don't sound that complicated. Why don't we just tax everyone across the board, according the money they make and have. And Why don't we make cuts in programs that are not necessary. Oh and while were at it why don't we bring back our military slowly. So were not spending 60 billion dollars month in other countries. Why do we have to police other countries? Or even a better question how can we afford too when our debt is so high? '

The teacher responds back, why don't you write your congressmen, senators, and president letters and ask them.

The little boys says, 'Easy they would never read them.'

The teacher a little annoyed says, 'You got answer for everything. And I thought I was the teacher.'

The little boy chirps, 'your darn tooting'.

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Balanced Budget... Nov 14th,2012

Balanced Budget …Nov 14th,2012
By
James Bredin


What do you mean; balanced budget; our politicians never heard,
They're busy travelling the world and never got the word,
Okay, we just heard that lower commodity prices are a bad sign,
Will they or will they not, have to examine our credit line?




Should massive government spending be under control?
Should we have forbidden referendums or maybe have a poll?
Have Conservative principles been thrown out the door?
And how do promises of a future balanced budget score?




Is this the same crowd that refused death-with-dignity to us all?
Do they expect us to get down on our knees or maybe crawl?
Why is the federal budget ballooning to $26 billion this year?
Should we forget about this because the government is sincere?

Nov 14th,2012

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We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

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Adjusting American Credit Ratings

17.3
trillion dollars
staggering
US faulting
on debt

flee
higher internet
rates 4 money rejecting
big business spending
cuts

but
American mega
rich are exempt
from all taxes pending
just raise debt ceiling

it's
been raised spending
countless times infesting
poor people's pockets
political leadership whims

sleight
of hand finances
American magic markers
erases 4 trillions
in American gross debt


Copyright © Terence George Craddock
Written in July 2011 on the 5.7.2011.

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Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.

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The American people elected us here to cut spending so we can create an environment for jobs in America. The House has acted. We have demonstrated that we want to see spending, discretionary spending, brought down to levels of 2008. We've seen no counteraction. We have seen no position that has been expressed by the other side at all.

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I'm coming to Washington, D.C., to do the people's work. And the people's work has to do with reducing spending and cutting budgets and, and trying to get a grip on the size of government.

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You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.

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Domestic travel and tourism-related spending has reached $1 trillion a year.

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