Preparing for government shutdown on the 17th

[JackE]

The talk about defaulting is a lie. Because by law, the payments must be made. (But what's the law mean anymore, with this bunch) But, if they don't raise the debt ceiling(Which they should not do anyway) Something has to be cut, to make those interest payments. Cutting S/S, I don't think the retirees will riot and raise too much he!!. But cutting back the EBT benefits. That's where the fun will begin.

 

[mom'sfolly]

This might help some people here figure out where the money really goes....

http://www.cbpp.org/cms/?fa=view&id=1258

To balance the budget, three things need to be cut: military, social security, and Medicare/Medicaid; additionally, tax breaks need to be eliminated.

Unfortunately, no group wants to be seen as soft on security, so the military budget goes untouched. No one wants to limit payments to the elderly or to children, so those are intact too. This makes the majority (about 60%) of the budget untouchable for anyone who wants to get re-elected. No one also wants to cut popular tax breaks for average Americans, such as the mortgage interest write-off.

No one in the government has presented a balance budget; not the president, not the house, not the senate, not republican, not democrat. All of this is political. It is about politicians digging themselves holes with no idea of how to get out. They are in over their heads, have thrown the shovel out, and have no ladder; they are all just looking for a rescue that lets them come out looking less incompetent then they really are. Unfortunately, they have taken the country along for the ride.

 

[herfrds]

Great info here! Sound like a lot of the posters on here should be up there on the Capitol Hill instead of some of the jokes up there now!

 

[JackE]

This might help some people here figure out where the money really goes....

http://www.cbpp.org/cms/?fa=view&id=1258

To balance the budget, three things need to be cut: military, social security, and Medicare/Medicaid; additionally, tax breaks need to be eliminated.

Unfortunately, no group wants to be seen as soft on security, so the military budget goes untouched. No one wants to limit payments to the elderly or to children, so those are intact too. This makes the majority (about 60%) of the budget untouchable for anyone who wants to get re-elected. No one also wants to cut popular tax breaks for average Americans, such as the mortgage interest write-off.

No one in the government has presented a balance budget; not the president, not the house, not the senate, not republican, not democrat. All of this is political. It is about politicians digging themselves holes with no idea of how to get out. They are in over their heads, have thrown the shovel out, and have no ladder; they are all just looking for a rescue that lets them come out looking less incompetent then they really are. Unfortunately, they have taken the country along for the ride.

You are totally correct. All those clowns want to be SantaClaus, to keep their seats. Math, and the market will eventually bring reality to all of us. It isn't something I'm looking forward to, I'll tell you that. Like you said, they aren't just digging themselves into a hole, they are taking all of us down with them.

 

[Baymule]

Here's a way to save money..........fire the IRS and go to a flat consumption tax. The more you buy, the more you pay. Simple math. Probably wouldn't work though, there would have to be way too many "exemptions" and politicians love to sell the uninformed and flat out stupid that we can dig ourselves out of financial discombulation by taxing the rich and rich people could go buy their stuff out of the country.

 

[ChickenLegs13]

If the Government was in charge of the Sahara Desert we'd have a shortage of sand within 2 years.

 

[Cameron03]

The talk about defaulting is a lie. Because by law, the payments must be made. (But what's the law mean anymore, with this bunch) But, if they don't raise the debt ceiling(Which they should not do anyway) Something has to be cut, to make those interest payments. Cutting S/S, I don't think the retirees will riot and raise too much he!!. But cutting back the EBT benefits. That's where the fun will begin.

they are cutting back the ebt on nov 1

 

[Cindy in PA]

The only way to stop this circus is to stop the 2 party control. We have no choice. The parties tell us who we can vote for. It's all BS.

 

[rebelcowboysnb]

 

[hemet dennis]

If you think not raising the debt ceiling will do any short or long term good, you're wrong. Is the country in a fiscal mess ? He!! yes. But jumping off a cliff won't help. We have a problem that cannot be fixed today or tomorrow. It has taken over 60 years to get this deep, we still haven't paid for WW 2 yet. there are no quick fixes.