The Republicans held the Presidency and a majority in the House and Senate at the time. They passed that monstrosity by their own accord.
EXACTLY! Because fuckwit moderates like you, entertained the socialist notion to begin with! IF republicans had stuck to their principles of conservatism, that would never have happened. It was the entertaining of the idiot liberals idea during the campaign season before, which lead to the Pill Bill! And the same goddamn thing will happen again, with regard to military budget cuts! You fucktards just don't ever learn, it's the same trick! Stop falling for it!
Not at all. I am for cutting military spending only if everything else will be cut, too. Like I said, across the board.
And I am too! I've said, I don't have a problem cutting military spending by whatever percent we're cutting everything else! But that isn't what the liberals hear at all, the minute you admit you're willing to cut military spending, they are coming up with something to spend that money on, which they will "claim" is going to "save" money, and counts as "cutting" something. In other words, you'll end up getting military budget cuts, AND getting new massive government entitlement programs! All because you capitulated on this! We need to cut waste FIRST! Eliminate some things we don't need, FIRST! And come up with 10-20% across the board cuts in social spending programs, FIRST! ...THEN and only THEN, should we even consider cutting military spending. Think of it as a pinhead reward, IF they go along with the other stuff FIRST!
Incorrect. By that flawed logic, cutting taxes down to 1% would result in increased revenue. The threshold at which a tax results in decreased revenue is somewhere around 50%, or even as high as 70% according to some economists.
There is no flawed logic. You are now talking about the Laffer curve, and I understand, there is a point of diminishing returns... we're nowhere near that point right now. As I said, go check out the GAO and IRS figures on it, if you doubt what I stated, every time we've reduced the top marginal rates, it resulted in a gain of revenues as a percentage of GDP, and every time we've increased it, the opposite happened.
You'd have to eliminate at least $2 trillion of the Federal budget in order to erase the deficit, pay the interest on the debt, and pay down the national debt at a snail's pace. So essentially you'd need to slash Federal spending by 60%,which is a lot easier said than done. Where would you start? Care to provide some specifics?
No, sorry, even under Spendaholic Obama, the deficit is not growing at $2 trillion per year, it's more along the lines of $1 trillion. Obamacare accounts for a good chunk of that, and there are plenty of programs that can be trimmed down, to bring the budget into balance. Bill Clinton did it, so it can be done. If we can balance the budget, and we eliminate cap gains taxation, and slightly reduce top marginal rates to stimulate growth in the economy, we can grow enough (GDP) to pay down the national debt over time. But the key to that is balancing the budget, and that isn't going to ever happen, until we have an Amendment to the Constitution requiring it. And Democrats aren't ever going to support that.
Military budget cuts? Fine, but that should be done AFTER other things are cut, and the spending is stopped. It shouldn't be a precursor for discussion with Liberals, because that is asinine and stupid, and the same exact ploy they utilized to get the Pill Bill, as well as Obamacare! You want more of that shit?--Go ahead and cede the idea of military budget cuts before you even sit down at the table, FOOLS!