GOP Budget released. Is this an April Fools prank?

[3peet]

http://www.huffingtonpost.com/2009/04/01/white-house-house-gop-bud_n_181687.html

White House: House GOP Budget A "Joke"

House and Senate Republicans emerged from an early morning meeting in a closed House chamber Wednesday morning to unveil their much-awaited budget alternative.

Roughly a hundred GOP men and women descended the East Capitol steps in a light drizzle to announce their product to the American people.

House Minority Leader John Boehner (R-Ohio) and Senate Minority Leader Mitch McConnell joined their colleagues, entering from the side, and addressed the gathered reporters.

After ripping the Democratic budget as too expensive, Boehner said that "Republicans in the House will offer a better solution that'll be less on spending, less on taxes and a lot less on debt for our kids and grandkids."

But there was no budget. "Do you guys have a formal budget yet?" asked a reporter.

"Mr. Ryan will outline the Republican budget at 10:30 this morning. And yes we do have it," replied Boehner, referring to Rep. Paul Ryan (R-Wisc.).

A silence followed, with reporters apparently unsure what to ask next.

 

[punter]

LOL, but they were cock sure that the Democratic one was wrong.

 

[3peet]

The republican circular firing squad never fails to deliver.

 

[Dave007inVegas]

If it's from the huff and puff it must be a joke

 

[Willie99]

what did they do wrong again?

talk about fishing

:lol:


I wonder when the Democrats will be infuriated AGAIN by more provisions found in the bills they wrote, rushed, signed and bragged about? Now that's funny

 

[3peet]

oh yea. kinda like republican blowhards getting fake tans and facetime on camera so they could complain and boast for months all the while never ever having an alternate solution to begin with.

Well atleast they're good at what they do; Do nothing and complain.

 

[Mistermj]

oh yea. kinda like republican blowhards getting fake tans and facetime on camera so they could complain and boast for months all the while never ever having an alternate solution to begin with.

Well atleast they're good at what they do; Do nothing and complain.

Do nothing and complain

In fact...the majority of Americans would applaud such action as a wonderful solution to the radical idea of embracing failed and thoroughly discredited Euro style Socialism.

http://newamericanteaparty.com/:103631605

 

[festeringZit]

Me thinks that you guys should band together and
come to the agreement that both parties suck.

@)

 

[Dave007inVegas]

oh yea. kinda like republican blowhards getting fake tans and facetime on camera so they could complain and boast for months all the while never ever having an alternate solution to begin with.

Well atleast they're good at what they do; Do nothing and complain.

WASHINGTON – Republicans in the House Wednesday pressed a budget plan that would cut taxes and radically overhaul Medicare, offering a stark alternative to blueprints offered by President Barack Obama and his Democratic allies. The plan, drafted by Wisconsin Rep. Paul Ryan, the top Republican on the Budget Committee, also freezes overall spending on domestic programs passed by Congress each year and repeals most of the spending in Obama's recently passed economic stimulus bill.

Despite spending reductions, the plan projects permanent deficits exceeding $500 billion into the future, fueled largely by big tax cuts.

The GOP plan would offer a dramatically simplified tax code in which couples would have the option of a 10 percent rate on the first $100,000 of income, with a 25 percent rate thereafter, with the first $25,000 of income exempt from taxation. Single could get a $12,500 exemption and a 10 percent rate on income up to $50,000.

Taxpayers could also opt to remain in the current system.

On Medicare, workers under the age of 55 would enroll in private plans and receive premium subsidies equal to the average Medicare benefit when they retire. Benefits would not be changed for people in the program or people 55 or older.

Democrats warned that the GOP plan would force draconian cuts to the program.

The plan has no chance of becoming law, but offers voters a contrast between the rival parties. Republicans have been on the attack, saying Obama's $3.6 trillion budget for next year taxes, borrows and spends way too much. And Republicans have seemed sensitive to criticisms by Obama and Democrats that they are the "party of 'no,' " rushing out a detail-free version of the plan last week.

Ryan said Obama's budget "is little more than a thinly veiled attempt by Washington to spend its way into prosperity, tax its way into tax relief, and borrow its way into debt reduction." ~~:<<

 

[guitarjosh]

WASHINGTON – Republicans in the House Wednesday pressed a budget plan that would cut taxes and radically overhaul Medicare, offering a stark alternative to blueprints offered by President Barack Obama and his Democratic allies. The plan, drafted by Wisconsin Rep. Paul Ryan, the top Republican on the Budget Committee, also freezes overall spending on domestic programs passed by Congress each year and repeals most of the spending in Obama's recently passed economic stimulus bill.

Despite spending reductions, the plan projects permanent deficits exceeding $500 billion into the future, fueled largely by big tax cuts.

The GOP plan would offer a dramatically simplified tax code in which couples would have the option of a 10 percent rate on the first $100,000 of income, with a 25 percent rate thereafter, with the first $25,000 of income exempt from taxation. Single could get a $12,500 exemption and a 10 percent rate on income up to $50,000.

Taxpayers could also opt to remain in the current system.

On Medicare, workers under the age of 55 would enroll in private plans and receive premium subsidies equal to the average Medicare benefit when they retire. Benefits would not be changed for people in the program or people 55 or older.

Democrats warned that the GOP plan would force draconian cuts to the program.

The plan has no chance of becoming law, but offers voters a contrast between the rival parties. Republicans have been on the attack, saying Obama's $3.6 trillion budget for next year taxes, borrows and spends way too much. And Republicans have seemed sensitive to criticisms by Obama and Democrats that they are the "party of 'no,' " rushing out a detail-free version of the plan last week.

Ryan said Obama's budget "is little more than a thinly veiled attempt by Washington to spend its way into prosperity, tax its way into tax relief, and borrow its way into debt reduction." ~~:<<

They could offset most of that if they would bring home our Cold War relic military stationed around the world.

 

[Dave007inVegas]

They could offset most of that if they would bring home our Cold War relic military stationed around the world.

Yes, and with a gross domestic product of $14.2 trillion a $500 billion deficit seems doable.

 

[guitarjosh]

How much do we actually save? Do you just bring home 500,000 troops stationed elsewhere and release them? Do you just pay them to stay here and guard the border?

Whats the plan here?

Some of them could be released. Some troops, like those in Japan, shouldn't be brought home as we have a treaty with Japan to be there and defend them. But the cost of the military budget would be reduced if the troops were brought home from Europe, Korea, Africa, Australia, etc. Maybe make a few more changes like ending foreign aid and the war on drugs and we could be close to a balanced budget. The other thing I wonder is how much of an impact the troops' paychecks being spent here instead of overseas would help the economy and tax revenue.

 

[guitarjosh]

Your original post said "they could offset most of". So how much are we talking here?

Hundreds of billions overall. We have bases in over 150 countries worldwide. If we close almost all the foreign bases, and get out of Iraq, which according to this site: http://news.bbc.co.uk/2/hi/business/7304300.stm
is costing us 100 billion a year, the budget could easily be cut by 11 figures a year.

So just so we're clear. You're in favor of military cutbacks, and outright releasing troops into a job market that is getting weaker each month? You wonder why politicians lie? That might be a good plan, but I can't imagine how anyone could sell that without fudging the wording.

It would be bad at the start, but you would have the troops that are in the military spending their checks here now, as opposed to going into other economies, which will help the US economy immensely.

A lot of "I wonders" in there.

There was one.