The Cellar - View Single Post - Obama Announces Re-election Bid

Fair&Balanced · 04-27-2011, 07:21 AM

I dont dispute any of the above....until your conclusion.

PAYGO,if implemented fully and honestly, will prevent any future growth in the debt; it wont help pay down the current debt.

The Bush tax cuts for the top bracket are a significant contributing factor to both present and future debt and should be restored to pre-2001 levels.

The Bush Medicare Prescription Drug reform costs the taxpayers more than the Affordable Care Act ever will.

I'm all for getting out of Iraq immediately and finding the best way to transition out of Afghanistan asap.

Cuts to programs like Planned Parenthood, Head Start, education, workforce investment, etc. are ideological and counter-productive.

We should also eliminate corporate tax subsidies and corporate welfare to big oil, big agriculture, etc.

We should cut defense spending significantly.

We should raise the income base for FICA so that those making over $106K pay the same percentage as those under $106K.

We should reduce the rate paid to providers of Medicare Advantage.

All of the above would certainly prevent the debt from continuing to grow by $trillions/year and would even make a big dent in the current debt level.

We also need to continue to invest in education, health care, job training, transportation and infrastructure, alternative energy, r&d, etc all of which contribute to economic growth.

We cant continue to fund housing assistance programs at current levels that reward people (middle class) who made bad decisions in the past and/or programs that are ineffective.

AND we also need to make fiscally justifiable cuts to other non-defense discretionary spending and that means cutting some popular programs and eliminating others.

IMO, the choice is not between spending cuts or tax increases. It is a combination of both.

04-27-2011, 07:21 AM	#89
Fair&Balanced Operations Operative Join Date: Feb 2011 Posts: 495	I dont dispute any of the above....until your conclusion. PAYGO,if implemented fully and honestly, will prevent any future growth in the debt; it wont help pay down the current debt. The Bush tax cuts for the top bracket are a significant contributing factor to both present and future debt and should be restored to pre-2001 levels. The Bush Medicare Prescription Drug reform costs the taxpayers more than the Affordable Care Act ever will. I'm all for getting out of Iraq immediately and finding the best way to transition out of Afghanistan asap. Cuts to programs like Planned Parenthood, Head Start, education, workforce investment, etc. are ideological and counter-productive. We should also eliminate corporate tax subsidies and corporate welfare to big oil, big agriculture, etc. We should cut defense spending significantly. We should raise the income base for FICA so that those making over $106K pay the same percentage as those under $106K. We should reduce the rate paid to providers of Medicare Advantage. All of the above would certainly prevent the debt from continuing to grow by $trillions/year and would even make a big dent in the current debt level. We also need to continue to invest in education, health care, job training, transportation and infrastructure, alternative energy, r&d, etc all of which contribute to economic growth. We cant continue to fund housing assistance programs at current levels that reward people (middle class) who made bad decisions in the past and/or programs that are ineffective. AND we also need to make fiscally justifiable cuts to other non-defense discretionary spending and that means cutting some popular programs and eliminating others. IMO, the choice is not between spending cuts or tax increases. It is a combination of both.