More

House Republicans Maneuver For Budget Cuts As Shutdown Looms

House Gop Budget Cuts

DAVID ESPO   04/ 4/11 11:53 PM ET   AP

WASHINGTON — With budget talks deadlocked, House Republicans drafted a one-week bill Monday night to cut spending by $12 billion, fully fund the Pentagon and avert a government shutdown threatened for Friday.

At the same time, they disclosed plans to instruct lawmakers "on how the House would operate in the event Senate Democrats shut down the government."

The display of brinksmanship came at the end of a day marked by increasing acrimony in budget negotiations, and drew a sarcastic response from Democrats.

"House Republicans should focus on negotiating, not planning dress rehearsals for a shut down that the Tea Party so desires," said Jon Summers, a spokesman for Senate Majority Leader Harry Reid, D-Nev.

He said Democrats "remain committed to negotiating a solution that would prevent a government shutdown."

The Obama administration, meanwhile, is advising government agencies to take the proper steps to prepare for a shutdown.

In a memo to agency officials, the deputy director of the Office of Management and Budget, Jeffrey Zients, urged agency heads to refine and update contingency plans in the event negotiators don't strike a deal by Friday's deadline.

Zients noted that all parties wish to avoid a shutdown, but added, "given the realities of the calendar, good management requires that we continue contingency planning for an orderly shutdown should the negotiations not be completed by ... this coming Friday." The memo was first reported by The Washington Post.

In a closed-door meeting with the GOP rank and file, House Speaker John Boehner, R-Ohio, laid out plans to have the shutdown-averting measure ready, in case no agreement is reached with the White House and Democrats on a bill to close out the budget year.

Apart from the Pentagon money and spending cuts, officials said additional provisions may be included, a possible indication Republicans will try to force Democrats to accept some of their non-spending priorities.

With little progress evident toward a long-term compromise, Obama invited key lawmakers to the White House in search of a deal.

"Time is of the essence," said White House press secretary Jay Carney, announcing plans for the Tuesday meeting. "We need to get this work done."

Congress has already passed a pair of stopgap bills to keep the government in operation for a total of five weeks, with a total of $10 billion in spending cuts attached at Republican insistence.

Officials declined to say when Republicans planned to send the new bill to the Senate, but with a deadline of Friday, it seemed possible the weekend would be consumed with maneuvering.

A one-week measure that contains an additional $12 billion would presumably be reassuring to tea party-backed lawmakers who are among the most vocal in seeking to reduce the size and scope of the government.

It would also be difficult for most Democrats to support. But by including the money the Pentagon needs for the next six months, Republicans hoped to increase the pressure on them.

For Republicans, work on the spending bill was only part of an effort to emphasize a determination to cut federal spending. They also arranged to unveil a sweeping 10-year plan on Tuesday to slash deficits by a staggering $4 trillion or $5 trillion over a decade.

Even before the details of the plan became known, Democrats began attacking it.

But for the moment, the main focus was on the threat of a shutdown, the product of intense disagreement sparked by Republican demands for spending cuts.

Boehner relayed word he would attend the White House meeting, but he also emphasized in a statement that the $33 billion total often cited "is not enough and many of the cuts that the White House and Senate Democrats are talking about are full of smoke and mirrors."

Boehner has said repeatedly he does not want a shutdown. Yet a new public opinion poll underscored the political dilemma confronting the leader of a conservative majority swept into power with the support of tea party supporters.

In a survey by the Pew Research Center for the People & the Press, 68 percent of tea party adherents said lawmakers should stick to their principles in the budget negotiations, even if it means the government shuts down.

Yet in the population as a whole, only 36 percent supported that view, according to the survey, and only 38 percent of independents, who comprise a key swing vote in any election.

In remarks on the Senate floor, Majority Leader Harry Reid emphasized a similar point. Tea party Republicans, the Nevada Democrat said, "stomp their feet and call 'compromise' a dirty word and insist on a budget that will hurt America rather than help it."

He said a deeper-cutting, House-passed bill "slashes programs for the sake of slashing programs. It chops zeroes off the budget for nothing more than bragging rights."

Joining Boehner in a Republican rebuttal was Rep. Hal Rogers, R-Ky., chairman of the House Appropriations Committee. He accused Reid of "dictating the use of gimmicks and phony accounting to sneak more spending through the Congress and by the American people."

The House passed the legislation more than a month ago calling for $61 billion in cuts from current levels.

In addition, that measure includes dozens of proposals not directly related to spending, including curbs on the Environmental Protection Agency and other federal regulatory agencies and a denial of funding to Planned Parenthood.

Unlike the House, the Senate has yet to pass a spending bill to close out the current budget year, now more than half over, and Democrats are divided on how deeply to cut. In several weeks of maneuvering, Congress has agreed on a pair of stopgap bills that cut $10 billion, and Obama has signed them.

Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, has said the blueprint he intends to unveil would cut in excess of $4 trillion from the budget, far more than the $2.2 trillion that Obama claimed in his own blueprint and on a par with recommendations of a bipartisan deficit commission last winter.

Other officials said that under Ryan's proposal, the annual deficit would fall below $1 trillion at the end of the coming fiscal year but would not be erased by the end of the decade.

The deficit is currently projected at $1.6 trillion for the current fiscal year, and the administration estimates that under Obama's budget, it would drop to $1.1 trillion next year and $774 billion in 2021.

Republican officials said about $1 trillion in savings under their emerging plan would come from changes to Medicaid, the federal-state program that provides health care for the poor.

Spending on hundreds of domestic programs – the accounts at the heart of the talks to avoid a government shutdown – would be returned to levels in effect in 2008, at a savings of hundreds of billions of dollars.

One of the most significant changes would occur in Medicare, which provides health care for seniors, but would not affect current beneficiaries or workers age 55 and older.

Once eligible, they would receive Medicare coverage from private insurance companies that operate plans approved by the federal government. No details were available on what level of service would be assured, or how much financial support the government would provide.

Republicans intend to move quickly to advance their new blueprint. They hope to have the Budget Committee approve it Wednesday and push it through the House next week.

The plan is expected to serve as a rallying point for Republicans who took power in January, but it is also likely to give Democrats a ready target to attack.

Democratic Leader Nancy Pelosi has drawn attention in recent days to public opinion surveys reporting widespread skepticism about fundamental changes in Medicare.

FOLLOW HUFFPOST POLITICS
Subscribe to the HuffPost Hill newsletter!
WASHINGTON — With budget talks deadlocked, House Republicans drafted a one-week bill Monday night to cut spending by $12 billion, fully fund the Pentagon and avert a government shutdown threaten...
WASHINGTON — With budget talks deadlocked, House Republicans drafted a one-week bill Monday night to cut spending by $12 billion, fully fund the Pentagon and avert a government shutdown threaten...
Filed by Elyse Siegel  | 
 
 
  • Comments
  • 9,177
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Highlights
Bloggers
Recency  | 
Popularity
Page: 1 2 3 4 5  Next ›  Last »  (141 total)
  1 of 22  
COMMUNITY PUNDITS

photo
murphthesurf3 08:58 PM on 04/04/2011
UNDERSTANDING THE GOP BUDGETING PRIORITIES
The War on the Middle and Lower Classes Continues

A) Do nothing about revenue enhancemen­t (exchangin­g lower overall corporate rates for the loopholes and exemptions­, a wash)
B) Do more of nothing about revenue enhancemen­t (keep Bush tax cuts for all, especially the rich)
C) Transfer medicare money to the  Read More...
D) Cut back deeply on medicaid which most affects minorities­, and the poor; transferri­ng ore and more responsibi­lity to the states who cannot pick up the slat.
E) Do nothing about Social Security since that cannot be reconstructed without hitting everyone, especially that all important GOP voting base, and the equally important sponsoring base.
F) Do nothing about Defense since that hits crucial GOP lobbies, campaign backers, and retirement padders.
G) Eliminate programs that provide critical social services to the needy.
H) Undermine public education; limit access to higher ed, to training opportunities, to unions to prevent upward mobility.

The end result, more and more money is transferred to the wealthy and powerful, The poor and the lower middle and middle middle work harder and harder, are forced to retire later, get less and less medical treatment, and die younger. A permanent class of worker drones is created who do not live inconveniently long lives.. The surplus population is reduced. Win/win for the wealthy and powerful.

IT IS ALL SO OBVIOUS.


And they sell this to the GOP base (of the uninformed and misinformed).....The GOP, its allies and its masters have done a masterful job in concocting persons to fear (Obama, a black, secret Muslim who has stolen the White House), groups to fear (Muslims, immigrants¬) and ideas to fear (socialism, dictatorship, big government).....all created with a tissue of truth, a lot of lies and Plenty of Money for media buys.

WAKE UP OR SERFDOM AWAITS.
08:31 PM on 04/06/2011
They hand our tax dollars to the richest, spend trillions to kill innocents all over the world and then tell us we have to sacrifice.

When I think about what one might call what they are doing the word "treason" comes to mind. And that the second amendment was wirtten so we wouls have the means to get rid of them as Washington got rid of the parasitic f**kheads in his own time.
photo
68Namvet
Sioux, French, German, Jew, American mutt
11:49 AM on 04/07/2011
Can't fan you again - but, faved - right on!
02:48 PM on 04/06/2011
bottom line about this is people being placed under the authority of other people. c'mon here people of the world just observe what is happening to all around you, and be grateful that those of you that have taken advantage of the majority of us can afford security!
01:57 AM on 04/06/2011
Obama did NOT issue a BUDGET last year - with a democrat-Controlled Congress.
photo
68Namvet
Sioux, French, German, Jew, American mutt
12:20 PM on 04/06/2011
Bzzzzt - wrong. But, thanks for playing.
12:55 AM on 04/06/2011
The Tea Bagers and Republicans don't care about playing with millions of lives because their own has already been paid for by corporate lobbyist.
01:58 AM on 04/06/2011
Obama did not issue a Budget for last year - under a Democrat-controlled Congress -

so now there are problems because a budget needs to be issued.
10:25 AM on 04/06/2011
HELLO!
2/3ths of the deficit was accumulated in the last adminisration, which was Republican run, and no one seemed to worry as they were piling on debt. Obama's deficit (less than 1/4th) was due to the republican lead downfall of the US. So, now republicans are all in a wad about the debt. So now we hurry to put our economy back where they had it in 2008. Sound thinking, sound acting - I doubt it.
06:04 PM on 04/06/2011
Not true. Check your facts. He submitted his 2009 budget on Feb. 26, 2009 and his 2010 budget on Jan. 29, 2010. They are now arguing over the 2011 budget.
02:42 AM on 04/06/2011
So are you saying all the folks who are sanely calling for a balance budget are all paid off by lobbyist? Wow what a piece of journalism, are you sticking you head in the sand and completely unaware that out country is on the brink of bankruptcy? Do you not realize that when the government fails ALL of us will be standing in the same soup line?My life has not been paid for by anyone and I suspect you have no clue of which you speak.
03:04 AM on 04/06/2011
Yet what the majority of the Tea Party wants is to pursue their extremist ways instead of compromising!
photo
HUFFPOST SUPER USER
learninglife
Be the change you want to see in the world
10:13 PM on 04/05/2011
The GOP has declared war on working Americans.
This comment has been removed due to violations of our [Guidelines]
02:44 AM on 04/06/2011
No you are mistaken, the GOP is trying to save the true working Americans, the ones who really have to work for everything they get and not off the coattails of the taxpayers.
04:19 AM on 04/06/2011
Not trying to pick a fight but I must protest to this statement. What is the true American worker? Is it the prideful that won't take any assistance even if it will help them; is it people who refuse to acknowledge that sometimes you must help others even though there's no return in it; is it people who will do anything to make sure no one relies on them? From your entire post, I assume it's all three and not anyone who makes a wage to afford the basics in life.

I wonder why when it comes to money, many conservatives seem to forget their religious teachings? I thought it was taught that you were suppose to help the poor, the sick and the people who can't help themselves!

Please don't give me that freeloader bull because no matter what you do, you will never ever get rid of freeloaders (that's because of socio-economical, education and parental upbringing problems).
photo
HUFFPOST SUPER USER
Jean Clelland-Morin
religion / the Golden Rule
04:37 AM on 04/06/2011
Waldomountainman. Are you part of the working-class? You're makin' a joke, right? // Jean Clelland-Morin
09:44 PM on 04/05/2011
My only consolation is that I know John Boehner, and the rest of the GOP and Tea Baggers, have waiting for them, a nice reserved room, in Hell for which they will Burn for eternity, for what they are doing to the majority of the people in this Country...They don't have one decent bone in their bodies...
photo
markie G
...all 6's, 7's + 9's
11:35 PM on 04/05/2011
sorry---no consolation---does us no good
photo
68Namvet
Sioux, French, German, Jew, American mutt
12:30 PM on 04/07/2011
Please don't say that, I have every intention of going to hell - it's where I want to be - and they don't deserve to be where everyone else will be.
photo
HUFFPOST SUPER USER
Reno Fickler
Head Lifeguard/Dead Sea Marina
08:43 PM on 04/05/2011
So they are going to TRY to get deficit spending under a trillion a year by 2021. Ergo the Nat'l debt will be north of $25 trillion by then, maybe even $30 T. And this is the best plan they can come up with?
Personally, I just don't understand how this is good news.
02:47 AM on 04/06/2011
Ok whats your plan? At least they are trying to do something, more than the Democrats have done in two years.
photo
68Namvet
Sioux, French, German, Jew, American mutt
12:09 PM on 04/06/2011
You really need to get a grip on history and reality. Of the $14 trillion debt, $1 trillion existed before Reagan took office, since then, republican administrations have added $9.2 trillion in debt while telling the American public that deficits and debt "do not matter".

So, while increasing the size and scope of government and spending money like "drunken sailors", republicans increased taxes on the middle class, reduced taxes on the wealthy and provided huge tax credits to corporations. Now, they scream that there is not enough money to cover the expenses they put in place (unfunded wars, drug bills, tax cuts, etc.). Then, the steadfastly refuse to pay for their expenses and believe it is the next persons fault and responsibility to sacrifice for their malfeasance. Remarkable!

Oh, and my plan is found below.
06:16 PM on 04/06/2011
You're kidding right? You can't be serious.
08:30 PM on 04/05/2011
SHUT IT DOWN !!! What will we actually be losing ? SSI checks will still go out, the military and FBI will still be engaged and most importantly if the geniuses from BOTH sides of the isle aren't there they can't spend any more money we don't have. Perhaps during their break they can reflect on all the incompetence they have participated in during the last TWO administrations. Maybe a light bulb will go off in their tiny little masses of brain matter they possess and realize that 61 billion in cuts is totally insignificant considering we spend 400 billion dollars a year in interest just servicing the debt. They could call Bill Clinton and ask the best way to cut welfare by 50% as it is being used as a way for MANY to turn babies into food and housing rather than a helping hand over a brief "bump in the And finally, if they ask very nicely maybe they can get the greatest orator ever to gently explain to the public service employee union members that the pensions and benefits promised by previous politicians (in exchange for votes) can't be paid exactly as promised. Of course, this will take great courage and that quality suffers the biggest deficit of all.
photo
68Namvet
Sioux, French, German, Jew, American mutt
09:12 PM on 04/05/2011
You were pretty right on until:

"explain to the public service employee union members that the pensions and benefits promised by previous politician­s (in exchange for votes) can't be paid exactly as promised"

It's not a bunch of promises - they are contractual obligations. The truth is the government had greater cause to strip the pay, bonuses, benefits and pensions of the officers and management of the bailed out banks, insurance firms and car companies that gave us this financial mess than to come after the middle class workers who accepted less pay to receive pensions and health care benefits. The fact that they received bonuses of over $144 billion in 2009 alone should tell us all we need to know.

That these crooks have not been prosecuted and are allowed to fleece the American public to the tune of $ 100's of billions is what is happening - not the paltry pensions of public service workers.
09:24 PM on 04/05/2011
Couldn't agree with you more on the companies that took taxpayer money. But, unfortunately the reality is the government is going to have to renegotiate its' contractual obligations with the union. I did not want to give you the impression that I was happy about it, but the math doesn't come close to adding up. I think knowing what we know about how politicians work it's very safe to assume that they knew all along that it couldn't work. But, it got them re-elected term after term and safely into a cozy retirement with a PUBLIC pension and full benefit package.
02:02 AM on 04/06/2011
Obama did not issue a budget last year - under a Democrat-controlled Congress.

Now there are problems bc a budget needs to be issued?

There is a reason that Republicans are in the Majority in the House - and our US Senators are asking for Harry Reid's resignation - for his latest antics.
HUFFPOST SUPER USER
sophiemaki
08:09 PM on 04/05/2011
i can't wait until the GOP cause our govt to shut down..
they are sucks.
10:10 PM on 04/05/2011
I'm glad the vast majority of teenagers cannot vote; they seem to think they know everything these days. Come back when you learn how to write coherently and thoughtfully.
HUFFPOST SUPER USER
patililac
heaven forbid!
12:08 AM on 04/06/2011
But I don't know a better word than "sucks" for the people who stomp their feet like little babies if they don't get their way. You won't do what I say? boo ho, I'm not gonna do nuffin, shut the gubment down. Wah.
photo
68Namvet
Sioux, French, German, Jew, American mutt
07:58 PM on 04/05/2011
I can achieve the same $4 trillion in 10 years without cutting Medicaid, Medicare, Social Security, or any other social program. It's really quite simple.

First, end the wars in Iraq and Afghanistan. Immediately withdraw ALL troops from both countries. Maintain air and satellite surveillance and a small (no more than 5,000 member) special forces strike group for short duration operations to destroy any found Al Qaida training or operations bases.

Second - close 90% of the over 1000 military bases worldwide - and reduce the forces of the remaining bases by 90%. (Seriously - would we be any less likely to attack - say North Korea - if they attacked 4,000 troops as opposed to the 48,000 we have there now?)

Third, cut the defense budget by at least 50% (making us spend more than the other top five industrialized countries defense budgets combined instead of over 44% of all nations combined). This would return between $4.5 to 5.5 trillion to the U.S. treasury in the next decade.

Forth - invest $2 trillion in infrastructure building in this country, and use the remaining $2.5 to 3 trillion to pay down the debt.

Fifth - Audit the FED. Close the FED. Have the Treasury and Congress take over their Constitutional requirements to control the U.S. money supply.
photo
markie G
...all 6's, 7's + 9's
08:10 PM on 04/05/2011
i say we nominate 68namvet for the next candidate for pres of the U-S
photo
68Namvet
Sioux, French, German, Jew, American mutt
08:16 PM on 04/05/2011
Thanks - I give you a fan just for the thought - but, my experiences in Vietnam would certainly disqualify me. You see, I grieve for lives I have cost by my actions in Vietnam. I grieve for the lives of our soldiers now giving their last full measure in Iraq and Afghanistan. I grieve for the fallen innocent Iraqis and Afghans caught in the utter chaos and insanity of war. I grieve for mankind, who in thousands of years of war, has learned nothing – save how to make war more brutal and savage.

Thus, I cannot support the use of "preemptive war" - and, unfortunately, too many Americans believe it is appropriate to kill those with whom you disagree, even if there is no actual threat to your survival.
05:39 PM on 04/06/2011
I'm with you markie G!!!
09:49 PM on 04/05/2011
Yes, Namvet, you are 100% right, however they won't do that, because that would mean, the Politicans, wouldn't get their bribe money from the Corporations and Military Contractors...And we know they aren't going to stop something, that don't make them any money...
photo
HUFFPOST SUPER USER
Marc Ginsburg
07:55 PM on 04/05/2011
I think it's telling that the Republicans propose to fully (without a single cut) fund the Pentagon (and of course to fully fund millionaires and billionaires through tax cuts) while they cut things that help people and help achieve economic democracy in this country. The Republicans have shown, much to the blind ignorance of most of the American people who their corporate masters have successfully indoctrinated into distorted media-presented views since Ronald Reagan first allowed them to create such distortions, that they have absolutely no desire to cut the budget deficit but instead to increase it big-time in order to help people who don't need it and badly hurt people who desperately need their "general welfare" taken care of. They are this country's worst swindlers and enemies. Osama bin Laden in his dreams could not possibly and has not ever been able to inflict so much damage on the American people as Boehner and his posse.
09:50 PM on 04/05/2011
Amen, Marc....
12:28 AM on 04/06/2011
I also agree with Marc. Several years back when Joe Biden said the Republicans were nothing but a bunch of crooks, people thought that was a terrible things to say. Now, anyone paying attention knows what a true statement that was. The problem, hardly anybody is paying attention. People are so wrapped up in their own little world, they can't be bothered to see what's going on and then when all the stuff hits the fan, they are shocked about what has happened. If they had been paying attention in 2010, the Republicans wouldn't have gotten the upperhand in the House. Now look at the mess we're in. You'd think they would have learned a lesson, but I don't think so. And those "teaparty"people!! You can't tell me they are all rich and have their future's all taken care of. Surely they don't want medicare and social security messed with. From all the news clips I saw of them last year, it looked like most of them were seniors. Are they so stupid as to not see what they voted for or are they silent out of shame because they do see?
02:06 AM on 04/06/2011
"Osama bin Laden in his dreams could not possibly and has not ever been able to inflict so much damage on the American people as Boehner and his posse."

***********

Obama did not issue a BUDGET lasy year - under a Democrat-controlled Congress.

REID and PELOSI completely ignored their duty and obligation - as leaders.
photo
markie G
...all 6's, 7's + 9's
07:44 PM on 04/05/2011
i say, shut it down---when all the seniors (who think they're repubs) stop getting their soc sec checks and medicare, and when all the folks below the poverty line who can barely pay rent (who think they're teabaggers) stop getting their link card and medicaid, and when all the unemployed folks who live in red states stop getting their unemployment checks (who also think they're teabaggers)............

THAT is when it's time for us, and our nutless Democrat reps and senators and president, to remind all of those folks that it is the america-hating, treasonous, middle-class destroying corporate fascist-enabling teapartiers and republicanz who are trying to destroy their lives and turn america into a third world, 2-tier (ultra-rich and ultra-poor) banana republic

it's gonna take a lot of work and proper voting, folks, but we can stop this nonsense once and for all
02:11 AM on 04/06/2011
yep - ya'll stopped it - in the 2010 midterm elections -

when Obama claimed he received a good "shellacking":

722 seats in State Governments won by Republicans;

Republicans won the Majority in the House -

FIRING Nancy Pelosi as House Speaker.

******
I am a Registered Independent - a former Democrat - who got tired of the Lies and Deceit from the democrat party - and its close association w ACORN.
photo
HUFFPOST SUPER USER
Jean Clelland-Morin
religion / the Golden Rule
04:49 AM on 04/06/2011
You jumped ship in midterm because you didn't get miracles You are part of the problem. // jean Clelland-Morin
photo
beerbagger
12-pack of genius
07:18 PM on 04/05/2011
Maybe we can foreclose the government. They spent more than they had on credit. They were reckless living way beyond their means.
HUFFPOST SUPER USER
2pence
ignorance should not be contagious
06:00 PM on 04/05/2011
Let the government shut down so the Republicans can be hoisted on their own petards. They will cause this country's average citizenry more anguish and pain than seen in recent history. The Medicare voucher plan is a joke; I'm not 55, just 50 and by the time I hope to retire I won't be able to find a health plan that will insure me. Decades of busting my @ss, destroying joints, tendons, and ligments will eliminate me on the basis of "pre-existing conditions". Privitizing SS will only leave it open to market fluctuations, boom and bust cycles. SS is an inter-generational pay system, not a "lock box" or savings account. Go ahead and privatize and we all will be reduced to the living conditions the elderly endured before SS, poverty, no retirement, or being dependent on our relatives whose wage standards the GOP is eroding. Democrats, stand up and fight for what is right and scream from the roof tops the damage the GOP is inflicting on the American people.
HUFFPOST SUPER USER
dgarrett
06:42 PM on 04/05/2011
I even remember W., getting up on television saying that privatizing Social Security will REDUCE the benefits. He had to in response to so many calling B.S. on the idea at that time. Anyone who looks even a tiny bit beyond the surface of this issue will understand why giving Social Security to Wall St. is a very bad idea. Just watch the film that won best documentary of the year, "Inside Job", and you will understand.
Does anyone remember "his idea" to allow truckers to come up from Mexico, and do all the trucking in the U.S. ? Does anyone remember "his idea" to sell the ports to Dubai, so they could do all the transferring of goods shipped from around the globe in our ports. They are the hub of corrupt activities in their region. That would have ended real inspections of "goods" coming in, and get rid of organized labor in that industry at the same time. Americans are finally waking up to the shenanigans. I hope it isn't too late.
HUFFPOST SUPER USER
stryker
05:48 PM on 04/05/2011
Want to show up the repubs? The Dems shuold immediately call for cuts in the Pentagon and, especially, oil subsidies. These companies are reaping in record profits, so there is no need to give them any money. That will make the repubs put up or shut up.
06:48 PM on 04/05/2011
Works for me. Oh wait, can't cut the military because Obama started a war. As far as subsidies? Have at it get rid of all of them. Add big Agribusiness too. Oh wait, some of those are in the Food Safety Bill. So how about the gifts to the Banksters? Whoops..... if they get into trouble, they get bailed out again by the Fed without them asking this time.... That's in the Financial Reform Act. OK, then, lets save some money by negotiating drug prices for Medicaid and Medicare. Darned, can't do that either. The prices were non negotiable via Legislation by both parties.

You get the point? The politirats can't cut the budget because they are both paying off the same Corporations and other Special Interests with our money. Cutting anything would cut into their graft.

Less than 1% in cuts is drastic? ?? Really?
photo
HUFFPOST SUPER USER
pandag
A false tale often betrays itself. Aesop 620 BC
08:55 PM on 04/05/2011
stryker, Fav'd. This will curl your hair, check out this link:
http://www.sfgate.com/cgi-bin/blogs/green/detail?entry_id=86422
for this quote:
"Incidentally, the company ought also to pay some taxes on its massive profits here in the U.S. In 2010, it got a $19-million rebate on profits of $10 billion. Its toxic asset fire sale will probably mean an even fatter profit in 2011."
The whole mess is a runaway train wreck. How can people not see what's going on?!??! Arrgh





Read more: http://www.sfgate.com/cgi-bin/blogs/green/detail?entry_id=86422#ixzz1IhRy9VWv