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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (22616)11/24/2009 4:50:18 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Actually, (and unlike Bush's Medicare part D Trillion Dollars over ten years in direct outlays, which was *all* directly added to the annual deficit, and unlike the wars in Iraq and Afghanistan, 'bout another Trillion plus yet again over the same measuring period of ten years, which was all called "off-budget" and 100% deficit-financed), these proposed changes seem to largely be both fully funded AND slightly helpful on the deficits.

The policies have revenue sources dedicated to them (pay for what you do... how novel!) and, according to C.B.O., somewhere between deficit-neutral to actually slightly helpful to deficit reduction ($150 B. reduction over the measuring period).

Whereas, (according to Medicare trustees' report), the Bush part D addition added $15.5 TRILLION directly to our national indebtedness (over the longer Medicare forecasting horizon)....