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02-29-2012, 12:11 PM #1
Republican Plan a failed plan before it even starts?????
I kinds hope the Republicans do what Greenblood said which is do nothing.....I will sign up for that plan becuase this one will make it even worse.....something to think about.....
This page has spilled lots of ink criticizing President Barack Obama for running up federal budget deficits and the national debt — currently north of $15 trillion. Now comes a report from the nonpartisan Committee for a Responsible Federal Budget saying his main Republican challengers would do even worse.
GOP hopefuls Mitt Romney, Newt Gingrich and Rick Santorum are touting policies that would push the debt well beyond current projections, largely because their proposed tax cuts would outweigh spending cuts, the budget watchdog group reports.
Under Obama's proposed budget for the fiscal year that starts Oct. 1, the nation's public debt would rise to 80 percent of gross domestic product over the next decade, from about 70 percent today. Gingrich's plan would push that debt load to 114 percent of GDP, Santorum's to 104 percent and Romney's to between 85 percent and 96 percent. Paul's plan would put the debt at 76 percent of GDP.
For the record, not that it seems to make a difference to the candidates, any amount over 60 percent is generally considered too much.
02-29-2012, 12:22 PM #2
02-29-2012, 12:27 PM #3
There is nothing to debate here when you start throwing out figures a decade in the future with so much money involved and so many varibles that can take place down the road. Hell the government can spend 70% more five years from now and say they cut back spending 50% just because they were projecting more.HARLINGEN CARDINALS WINNING REPUTATION
02-29-2012, 12:39 PM #4
too far in the future....
but in some respects you are right....I thought when i voted for Bush that we were headed in the right direction....boy was i wrong and still feeling the effects of it...three years after he left.....never again
02-29-2012, 12:48 PM #5
02-29-2012, 01:07 PM #6
02-29-2012, 01:20 PM #7
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