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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (692648)	1/13/2013 2:42:43 AM
From: Wayners	2 Recommendations Read Replies (1) \| Respond to of 1575612

The Obammy scam on the budget was in year 1, 2009 pass a HUGE stimulus budget which he did because he had the House and the Senate at the time. The plan after that was to keep that stimulus budget in place forever and ever by not passing a budget afterwards and depending on Continuing Resolutions of the SAME bloated budget from 2009. That is what is really going on.

To: i-node who wrote (692648)	1/13/2013 1:17:00 PM
From: bentway	Read Replies (3) \| Respond to of 1575612

"And that is relevant how?" Somehow debt ceiling increases for REPUBLICAN presidents pass with out a hitch. That's how. NOW talk to me about partisanship.

To: i-node who wrote (692648)	1/13/2013 1:36:04 PM
From: bentway	Respond to of 1575612

Since the start of fiscal year 2011, President Barack Obama has signed into law approximately $2.4 trillion of deficit reduction for the years 2013 through 2022. Nearly three-quarters of that deficit reduction is in the form of spending cuts, while the remaining one-quarter comes from revenue increases. As a result of that deficit reduction, the projected rise in debt levels from today through 2022 has decreased by nearly 10 full percentage points of gross domestic product. In fact, under today’s policies, debt levels in 2022—as a share of GDP—will be only slightly higher than they are expected to be by the end of next year. Here’s a timeline of accumulating deficit reduction, with spending cuts in red and revenue increases in blue: