Speaker announces $1.6 Trillion budget

[Wolfie]

http://www.chicagotribune.com/news/nationworld/ct-house-tax-and-spending-bill-20151215-story.html

"We may not be in the majority but we're feeling that these goals are on track," boasted Sen. Chuck Schumer, D-N.Y.

[sqlbullet]

At least it is a smaller requested deficit than last year.

But still, makes me a little sick to think they are borrowing another $1,000.00 per person in the country.

[Geeman]

Complete with tax breaks for the likes of NASCAR and race horse owners.

Regular, hard working folks f'ed again.

Greg

[Ramjet]

Obscene

[pacapcop]

Bohner, Boner never left. Just replaced by another progressive RINO. Or Repulicrat. Two headed snake.

[sqlbullet]

Bohner, Boner never left. Just replaced by another progressive RINO. Or Repulicrat. Two headed snake.

And this is what makes it so hard for me to support a Republican anymore.  I end up debating if gun rights are any good if the economy is so far in the toilet that I can't afford to buy guns.

[Geeman]

This thing is in stone and doesn't come back for anything until fall of next year.  Then the election is right around the corner so another chance to kick it down the road until after the election.  Then there is no way to kick the bums out so they don't care if they piss us off, so they do what they want (spend and spend).

Lather, rinse, repeat.........

Maybe lightning will strike one or two of them.  They certainly won't do what the people want.

Greg

[Rich10]

Bohner, Boner never left. Just replaced by another progressive RINO. Or Repulicrat. Two headed snake.

And this is what makes it so hard for me to support a Republican anymore.  I end up debating if gun rights are any good if the economy is so far in the toilet that I can't afford to buy guns.

Well, it's not quite there, yet.  But, that's when you need to use them.

[pacapcop]

Hitlery imho, is out. The FSA free shit army of Many types , willfully ignorant, will vote

Bernie Sanders

[Wolfie]

Sanders just said he was going to raise taxes, he is done. Plus he is a neo-con.

[my_old_glock]

http://www.usdebtclock.org/



.
Fixed the links

[pacapcop]

Sanders is not done. He's got the 18to29 yr olds,  will get Libertarian voters because of banks, big metropolitan areas.

[sqlbullet]

The size of the economy is ultimately measure by it's capacity to produce goods, which is heavily influenced by the size of the educated labor force.

The interesting thing, to me, about the debt clock is to look past the glitz of all the numbers that change so fast to the ones that, at least in my mind, matter:  US Population size and Debt per Citizen.  The Debt per citizen didn't change at all for the longest time.  It has been three days now and it has gone up $6.  I would prefer that it was stagnant or headed down, but overall, I want it stable.  The rest of the numbers buzz by because our population is growing, which means our economy is as well.

Further, the debt per citizen may seem staggeringly high, but take into account that the US GDP per capita is $54,629 based on 2014 data.  I would love to only be in personal debt one year's income.  The realities of having a large family mean that I will carry a higher debt load than that for some time.

I am not saying that I don't think our national debt is troubling, or that I don't think it should be reduced.  I do think the debt load we carry as a nation is easily justified by the size of our economy.

The bigger concern I have is whether we are in debt as a nation due to proper capital investments that will yield economic growth, or if we are spending money foolishly on products that do not offer a return.

[Geeman]

I am not saying that I don't think our national debt is troubling, or that I don't think it should be reduced.  I do think the debt load we carry as a nation is easily justified by the size of our economy.

The debt is nearly doubling in each 8 year administration.  That is called exponential growth.  Unless that stops, it runs us over like a truck. 

There are unfunded liabilities of over 100 Trillion.  It doesn't go away.  It just gets worse and worse.  If we don't shrink the size of the budget (size of government) its banks that get more powerful, not the US.

Greg

[tommac919]

If I have to keep my budget balanced, then so should the Govt