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New Panel, Same Problems – Cut The Deficit Already TheKingDude
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New Panel, Same Problems – Cut The Deficit Already TheKingDude
(Audio) Mandeville, LA – Yesterday a panel consisting of twosenators, one a Democrat in the form of Kent Conrad and the other aRepublican played by Judd Gregg, got together to recommend some drasticmeasures to cut the deficit. What they say they’ll do is to support atough new cost-cutting plan put forward by the co-chairmen of PresidentBarack Obama’s deficit commission.
These two Senators are are the first lawmakers to back the proposal,while others on the commission say they can’t. Which is why thisstatement should possibly cause a bit of an alarm,
The planproposed calls for raising the Social Security retirement age, slashingspending including Medicare, curbing tax breaks and increasing themotor fuel tax, and of course various other things. Bottomline, itwon’t balance the budget, but from an optimistic point of view it couldpotentially cut the deficit to less than half a trillion dollars overthe next four years. Then again we, nor nobody we know or associatewith, has either seen or spent a trillion dollars so how can we beginto speculate on how to pay it back. So, hopefully the deck chairs thatare being installed into Mordor right now are more fiscallyconservative than the old wasteful ones!
Related Material: Same trick , different folk, Can’t pull the wool over our eyes – to hear what went down the last time the debt commission came on TV click this out from the archives of The Mike Church Show on Sirius/XM’s Patriot Channel:
The Debt Commission and What They Didn’t Solve
2010 Mike Church Show
Written by: TheKingDude
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