Comments (37) (Please sign in to comment)

1. 

   Ransom D Stone said, 6 months ago

   Ramirez and reality have never met.
2. 

   Bruce4671 said, 6 months ago

   @Mr. King

   Yes it’s a fact that Obama has reduced his spending from just under 1.7 trillion dollars in 2009 to just over 1.2 trillion dollars in 2012. A whopping 300 billion dollar reducing in deficit spending. Oh wait. DEFICIT spending. Spending MORE than in the bank account. Every year. For his first 4 years. Increasing the debt.
   
   Brag buddy brag. Your guy has done such a great job of spending reduction. And the plan for the future? Why just spend more and more. His PLAN is to spend enough to add another 10 trillion dollars to the debt. Yeah that’s right continue to spend MORE than is collected every year.
   
   Good God, how can you be OK with that????
3. 

   Ms. Ima said, 6 months ago

   @Mr. King

   It’s always opposite day in ‘king of me/Matt Damons’ world.
4. 

   Brandon said, 6 months ago

   You have to understand Leftist thinking. Obama and his fellow tax-and-spend liberals WANTED to spend 10s of trillions of dollars, but slightly reduced the amount they wanted to spend, and so claim they’ve reduced spending!

   That’s like a store doubling the price of an item, then putting it “on sale” for 10% off and claiming it’s a deal!
5. 

   jack75287 said, 6 months ago

   @Mr. King

   No its not! Then why is the deficit about to go over 16.4 Trillion.
6. 

   wbr said, 6 months ago

   2008 budget 2.9 tril 2012 budget 3.8 tril yup down alot
7. 

   Ms. Ima said, 6 months ago

   Why haven’t you been banned for using such language? Maybe because you are a liberal?
8. 

   josefw said, 6 months ago

   I am flagging you. That is really uncalled for.
9. 

   Stipple said, 6 months ago

   That is what the flag is for, not the drooling idiots but the actual haters.
   .
   And some folks misuse others usernames when they changed their own to elimiate the same misuse.
   .
   Huh, guess correlation and cause do not exist for some.
10. 

    Bruce4671 said, 6 months ago

    @Mr. King

    Howgozit is right in that we are spending MORE on those items, I am right in that the amount borrowed to do that has been reduced slightly.
    
    Get your head out of your ……………. uh …….sand box.
    
    Obama promised to cut deficit spending in half. Oh please. ONLY borrow half as much? Gee how wonderful. And he FAILED to do THAT!
    
    Where did you get your degree? Canada? Nope, you’d be better educated.
11. 

    Gore Bane said, 6 months ago

    My, such homophobia, and for so little reason. Liberals can’t even follow their own mantra, let alone convince anybody else to believe them.
12. 

    warjoski said, 6 months ago

    @Gore Bane, Mercedes, and King of Me: All three of you need to grow up. Mercedes, I flagged your comment as well.
    Also, King of Me: Howgozit and Bruce looked at a set of facts and came to a different conclusion. It happens. No one is lying. Learn to reason things out before you criticize someone for not thinking. Lastly, there are liberals have used weapons to commit murders as well. I find your reference to be distasteful and frankly bigoted.

    @Mr Ima, her comment is only a few hours old. it may not have been caught yet. Give the mods a chance to do their job before you start making accusations of conspiracy.

    This is why the country is in the state it’s in. The two political parties, which are the only choices we have, are overrun with zealots who would rather see everyone suffer than admit they might need to compromise.
13. 

    Radish said, 6 months ago

    Flag em all, let Mod sort it out.
14. 

    JoeCoolLives said, 6 months ago

    Everyone ELSE is a spendaholic??????
    With just days left for President Obama and lawmakers in Congress to avert a major tax hike, sequestration, and other major policy changes, today I bring you a list of the top 10 facts on federal spending in 2012:

    Four years of trillion-dollar-plus deficits. Fiscal year 2012 concluded with a $1.1 trillion deficit, marking the fourth year of trillion-dollar-plus deficits. Too much spending is the root cause of the federal government’s deep and sustained deficits. At 23 percent of gross domestic product (GDP) in 2012 and on track to rise further, federal spending is growing at a dangerous pace.National debt hit $16 trillion. On September 4, the U.S. national debt hit the $16 trillion mark. We owe more on the national debt than the entire U.S. economy produced in goods and services in all of 2012. Sixteen trillion dollar bills stacked one on top of the other would measure more than 1 million miles high, which would reach to the moon and back more than twice.The debt limit was raised by $1.2 trillion. On January 30, the federal government raised its debt limit from a staggering $15.194 trillion to an even bigger $16.394 trillion. This increase was the last one of three granted in the Budget Control Act of 2011, a result of that summer’s debt ceiling negotiations, which allowed for a total debt limit increase of $2.1 trillion.The $650 billion fiscal cliff distracted from the $48 trillion looming fiscal crisis. Much of 2012 was spent arguing over tax rates in the fiscal cliff debate while lawmakers ignored the much more dangerous looming fiscal crisis. As large and as major a concern as federal budget deficits are today, they stand in the shadow of $48 trillion in long-term unfunded obligations in Social Security and Medicare. Even with President Obama’s originally proposed tax hikes in his budget, the federal debt would still rise by more than $7.7 trillion in the next 10 years.Social Security ran a deficit for the second year in a row. According to the 2012 trustees report, Social Security spent $45 billion more in benefits in 2011 than it took in from its payroll tax. This deficit is in addition to a $49 billion gap in 2010 and an expected average annual gap of about $66 billion between 2012 and 2018. Social Security’s deficits will balloon yet further. After adjusting for inflation, annual deficits will reach $95 billion in 2020 and $318.7 billion in 2030 before the trust fund runs out in 2033 and a 25 percent across-the-board benefit cut occurs.Three years of spend-as-you-go policies without a federal budget. The last time both chambers of Congress agreed on a budget was on April 29, 2009. Since then, Congress has operated on a spend-as-you-go basis, characterized by incoherent, ad hoc budget procedures. The House passed budget resolutions each of the past two years, but the Senate failed to do its part.The government spent nearly $30,000 per American household. The average American household’s share of federal spending in 2012 was $29,691, or roughly two-thirds of median household income. The government collected $20,293 per household in taxes in 2012, resulting in a budget deficit of $9,398 per household in 2012.Obamacare will spend $1.7 trillion over 10 years. After the Supreme Court decision on Obamacare, the Congressional Budget Office did an update of its scoring of the law. The result: Obamacare will spend $1.7 trillion over 10 years on its coverage expansion provisions alone, including a massive expansion of Medicaid and federal subsidies for the new health insurance exchanges. This means that Obamacare will increase federal health spending by 15 percent.Social Security was the biggest federal spending program. In 1993, Social Security surpassed national defense as the largest federal spending category, and it remains first today. The top five biggest spending programs, in order, are 1) Social Security; 2) national defense; 3) Medicare; 4) Medicaid, CHIP, and other government health care; and 5) interest on the debt.More than 40 percent of Americans are on some government program. According to Census Bureau data and Heritage Foundation calculations, 128.8 million people in America depend on a government program for basic (or not so basic) needs, such as rent, prescription drugs, and higher education.

    ~~*
    FOUR MORE YEARS OF THIS FISCAL INSANITY ???
15. 

    DavidGBA said, 6 months ago

    If our credit is that good, maybe we are overdue to borrow more?
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