Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (437513)	7/27/2011 5:48:34 PM
From: SirWalterRalegh	Read Replies (1) \| Respond to of 793801

<< We’re hearing it now cuts $917 billion over ten years under the more recent CBO baseline. So under $1 trillion. On the other hand, the cuts are apparently more front-loaded: $20 billion in real cuts in the first year.>> 917 billion over 10 years is an average of 91.7 billion per year. Saying that cuts of 20 billion the first year is front-loaded is absurd. When it comes to spending cuts the only year that really counts is the first year.

To: LindyBill who wrote (437513)	7/27/2011 6:17:07 PM
From: KLP	1 Recommendation Respond to of 793801

The DC politicians just aren't even close to serious with numbers like that! $20 Billion.........they spill that much every year.... One Trillion = $1,000 Billion....and that's just ONE Trillion...Multiply that by how many Trillions we are in debt..... Totally discouraging....We must be dealing with village idiots.... We’re hearing it now cuts $917 billion over ten years under the more recent CBO baseline. So under $1 trillion. On the other hand, the cuts are apparently more front-loaded: $20 billion in real cuts in the first year.