Go back
US Federal Budget Deficit

US Federal Budget Deficit

Debates

K

Germany

Joined
27 Oct 08
Moves
3118
Clock
13 Apr 11
Vote Up
Vote Down

Originally posted by sh76
Maybe as little as 6-8, depending on the time of year and whether they're backed up. The 4-6 weeks they post on their site is either overly optimistic of plain BS; at least in my experience.

Of course, if you fork over some extra dough, you can get expedited service. Also of course, if the bureaucrats would work more than 10-4 with a 90 minute lunch break, it would be a few days...
Was 5 days for me the last time. Don't think those bureaucrats worked very hard though.

sh76
Civis Americanus Sum

New York

Joined
26 Dec 07
Moves
17585
Clock
13 Apr 11
Vote Up
Vote Down

Originally posted by AThousandYoung
Who's going to pay them for the extra hours?
Nobody.

Somebody's going to the enforce the hours they're already supposed to work.

b

lazy boy derivative

Joined
11 Mar 06
Moves
71817
Clock
14 Apr 11
Vote Up
Vote Down

Declare war on Canada and then immediately surrender. Let Canada take over.

Next issue?

Sleepyguy
Reepy Rastardly Guy

Dustbin of history

Joined
13 Apr 07
Moves
12835
Clock
14 Apr 11
Vote Up
Vote Down

Originally posted by badmoon
Declare war on Canada and then immediately surrender. Let Canada take over.

Next issue?
Well, this has more clarity than Obama's speech today.

Badmoon for president!

caissad4
Child of the Novelty

San Antonio, Texas

Joined
08 Mar 04
Moves
618778
Clock
14 Apr 11
Vote Up
Vote Down

Originally posted by kmax87
Simple answer. Tax the rich.
How dare you speak such heresy. Such talk is forbidden in our plutarchian system. 😏

kmax87
Republicant Retiree

Blade Runner

Joined
09 Oct 04
Moves
107159
Clock
14 Apr 11
Vote Up
Vote Down

Originally posted by caissad4
How dare you speak such heresy. Such talk is forbidden in our plutarchian system. 😏
Summoning his best Mayor Quimby,...."People of Pluto,...,beware,....., *Mars will attack!"







*...red planet, socialist reference..... 😀

w
Chocolate Expert

Cocoa Mountains

Joined
26 Nov 06
Moves
19249
Clock
14 Apr 11
Vote Up
Vote Down

http://www.usatoday.com/news/washington/2011-04-13-Obama-proposes-budget-cuts.htm

Health care spending

•Obama: Cuts $340 billion over 10 years from projected increases in federal health care programs while preserving Medicare and Medicaid. Enforces the savings with a process that would implement cuts if a future Congress refused to make them.

•Fiscal Commission: Implements and expands Medicare changes in the 2010 health care law that were designed to reduce costs; sets limits for health care spending beyond 2020.

•Bipartisan Policy Center: Gradually raises Medicare Part B (doctor) premiums from 25% to 35% of program costs. Changes Medicare, starting in 2018, to a program that encourages the use of private plans, but keeps traditional Medicare as a backup system.

•House Republicans: Changes Medicare, starting in 2022, to a system in which the government would provide payments to beneficiaries to buy private insurance. The average payment, which would go to the insurer, would be $8,000 in 2022. Raises eligibility age to 67 by 2033. Cuts Medicaid by $750 billion over 10 years and turns it into a block grant to the states. Repeals key parts of Obama’s health care law.

Social Security

•Obama: Calls for bipartisan efforts to address the retirement program without privatizing it or slashing benefits in the future..

•Fiscal Commission: Gradually increases retirement age to 68 by 2050 and 69 by 2075; raises the amount of income subject to Social Security taxes in 2020 from about $168,000 to $190,000.

•Bipartisan Policy Center: Raises the taxable income ceiling to $190,000; trims benefits for wealthier beneficiaries; indexes the benefit formula to pay early retirees less and older retirees more.

•House Republicans: Creates a process under which Congress would have to address the retirement program’s fiscal problems, but does not propose specific changes.

Defense spending

•Obama: Saves $400 billion over 12 years.

•Fiscal Commission: Cuts several hundred billion dollars over 10 years from Obama’s 2012 budget.

•Bipartisan Policy Center: Freezes spending for five years, then allows only inflationary increases.

•House Republicans: Cuts about $78 billion over 10 years, $100 billion less than the amount recommended by Defense Secretary Robert Gates.

Domestic programs

•Obama: Cuts $770 billion over 12 years, including $400 billion already outlined in his proposed 2012 budget.

•Fiscal Commission: Cuts more than $200 billion over 10 years.

•Bipartisan Policy Center: Freezes spending for four years, then allows only inflationary increases.

•House Republicans: Reduces spending for the next five years to pre-2008 levels.

Taxes

•Obama: Allows tax rates to rise in 2013 and beyond on individuals with income above $200,000 and couples above $250,000. Eliminates about $320 billion in tax breaks over 10 years. Sets as a goal lowering individual and corporate tax rates, without details.

•Fiscal Commission: Eliminates much of the $1.1 trillion in annual special-interest tax breaks; reduces individual tax rates to 12%, 22% and 28%, and sets a 28% corporate rate; puts about $100 billion per year toward deficit reduction.

•Bipartisan Policy Center: Establishes a 6.5% “debt reduction sales tax.” Reduces individual tax rates to 15% and 27%, and the top corporate rate to 27%. Eliminates $1.9 trillion in special-interest tax breaks over 10 years, phases out the exclusion of employer-provided health benefits, and revises deductions for mortgage interest and charitable contributions.

•House Republicans: Slashes the top income tax rate from 35% to 25%. Eliminates some tax breaks but cuts taxes overall, rather than putting any new revenue toward deficit reduction.

Deficit

•Obama: Cuts $4 trillion over 12 years, including $1 trillion already outlined in his proposed 2012 budget.

•Fiscal Commission: Cuts $3.9 trillion over 10 years.

•Bipartisan Policy Center: Cuts $5.9 trillion over 10 years.

•House Republicans: Cuts $4.4 trillion over 10 years.

w

Joined
02 Jan 06
Moves
12857
Clock
14 Apr 11
Vote Up
Vote Down

Originally posted by Sleepyguy
Well, this has more clarity than Obama's speech today.

Badmoon for president!
I second the nomination!!

Cookies help us deliver our Services. By using our Services or clicking I agree, you agree to our use of cookies. Learn More.