SI
SI
discoversearch

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


To: zzpat who wrote (1030506)9/15/2017 1:33:45 AM
From: i-node2 Recommendations

Recommended By
FJB
majaman1978

  Read Replies (1) | Respond to of 1575941
 
> Republicans simply ignored PAYGO for years and doubled the debt under Bush.

But you are just fine with FDR's Social Security, LBJ's Medicare/Medicaid, and Obama's ACA, all on target to massively increase the budget deficit and national debt over the next 15/20 years. That's okay with you. Because, oh, no one knows why the fuck that is okay with you but it is. Pretty stupid.

CBO

If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years—reaching the highest level of debt relative to GDP ever experienced in this country.



cbo.gov

Yes, I agree. CBO is full of shit. But it is the best idea we have.



To: zzpat who wrote (1030506)9/15/2017 4:57:08 PM
From: Brumar89  Read Replies (1) | Respond to of 1575941
 
So given your partisanship how come Obama and a Democratic House and Senate didn't balance the budget.
Do you remember that they failed to even pass a budget at all for 6 years?

Congress passes first budget in 6 years - Washington Times
www.washingtontimes.com/news/.../senate-clears-way-final-passage-congress-budget/
May 5, 2015 - The GOP-led Congress Tuesday passed a full budget for the first time in years, laying out a road map for domestic spending cuts so deep that ...

After years of passing no budget at all, Harry Reid calls the Senate ...
www.theblaze.com/.../after-years-of-passing-no-budget-at-all-harry-reid-calls-the-sen...
Mar 25, 2015 - Senate Minority Leader Harry Reid (D-Nev.) ridiculed Senate Republicans on Wednesday for trying to do something he routinely dodged when ...

John Boehner says Senate Dems haven't passed a budget in more ...
www.politifact.com/ohio/.../john-boehner-says-senate-dems-havent-passed-budget/
Apr 26, 2012 - "The Democrat-led Senate has failed to pass a budget for 750 days . ... political votes," a spokesman for Senate Majority Leader Harry Reid told ...

Senate passes first budget in four years | TheHill
thehill.com/policy/finance/289989-senate-passes-first-budget-in-four-years
Mar 23, 2013 - Senate Majority Leader Harry Reid and Senate Budget ... The Senate early Saturdaypassed its first budget in four years by a vote of 50 to 49.

It sounds like they passed PAYGO, then got around it by simply not committing to a budget at all.