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  1. #1
    xxl is offline
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    Mar 2002

    Balancing act...

    ...from an unbalanced person; DONT, en campaign, telling America how he'll be balancing the budget:

    "It can be done. ... It will take place and it will go relatively quickly. ... If you have the right people, like, in the agencies and the various people that do the balancing ... you can cut the numbers by two pennies and three pennies and balance a budget quickly and have a stronger and better country."

    Sources: Interview with Sean Hannity Feb. 22 and April 4, 2016

    Fast forward: DONT on the budget, by way of his minion, OMB Budget Director and "still-time deficit hawk, thank you"* Mick Mulvaney:

    "Yes, the budget proposal shows President Donald Trump has—for now—given up on balancing the budget over the next decade, Office of Management and Budget Director Mick Mulvaney said at a briefing Monday:

    “I probably could’ve made it balance. But you all would’ve rightly absolutely excoriated us for using funny numbers to do it,” Mr. Mulvaney said. “I hope there is some value in being honest with people about what the fiscal situation is.”

    So, the WH could've balanced the budget, if they'd used dishonest ("funny") numbers.

    "Value in being honest..." like we'll ever get to find that out.

    Of course, not having revenues coming in is likely to throw the budget off:

    "Donald Trump claims his tax plan is 'revenue neutral,' but tax experts say that just isn’t so. Not by a long stretch.

    Even assuming the tax cuts would promote economic growth, the pro-business Tax Foundation estimates the Trump plan would reduce revenues to the Treasury by more than $10 trillion over 10 years.

    Separately, Roberton Williams of the nonpartisan Tax Policy Center said it would require 'substantial budget cuts' to make up for lost revenues."

    Needless to say, Mulvaney says don't blame DONT, it's not DONT's fault, adding a marvelously inappropriate quote that could've been penned by the scriptwriters of "Modern Family (see if you can spot it--then imagine Ty Burrell saying it):

    President Trump has, for now, given up on balancing the federal budget in the next ten years – and Congress is to blame, his budget director said Monday, according to the Wall Street Journal.

    Office of Management and Budget Director Mick Mulvaney told reporters that legislators “didn’t make any of the large structural changes” he said last year were needed if the administration were to have a chance of reining in the federal deficit.

    Instead of following his advice, Mulvaney said Monday, Congress 'pounded the hell out of me.'”

    'It’s not hypocritical,' he added. 'It’s simply adjusting to the Washington, D.C., that we live in.'”

    Congress to blame for lack of balanced budget, Trump budget director Mick Mulvaney says | Fox News

    *WTF does that even mean?
    More Americans wanted Hillary Clinton to be President than wanted Donald Trump.

    Donald Trump has never had a wife he didn't cheat on.

  2. #2
    What the what???
    Reputation: Opus51569's Avatar
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    Jul 2009
    Wait for it... this will be a refrain used over and over to gut any program Trump* and the GOP want to be rid of (entitlements, the safety net, the remains of the ACA).

    Billions for a wall to nowhere, but not enough money for Medicare...

    Sent from my iPad using Tapatalk
    The Law of Headwinds states: If the ride out is easy... wait.

  3. #3
    wots...uh the deal?
    Reputation: mmoose's Avatar
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    Apr 2004
    Anyone else thinking of Walker in Wisconsin? Start off ok, but then spend enough to create a significant deficit and "crisis" so that you do need to cut.. And the base will then start screaming for a cut to benefits/entitlements etc...

  4. #4
    RoadBikeReview Member
    Reputation: DaveWC's Avatar
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    Sep 2012
    Remember when Trump said he wouldn't cut Social Security, Medicare and Medicaid? Oh well. He said the right words at least. No time for buyers' remorse now.

    Here is what the Trump administration’s budget proposal would do to Medicare, Medicaid, and Social Security.

    The Trump budget, titled “An American Budget: Major Savings and Reforms,” proposed cutting a net $266 billion under the category, “Medicare: Eliminate wasteful federal spending.” Among other things, Trump’s budget proposal changes the way patients are reimbursed for post-acute care, making it harder for physicians to refer patients to other providers, and “limits hospital payments associated with early discharge to hospices.”

    The Trump budget proposes cutting Medicaid, under the simple guise of “reforms,” by $1.1 trillion over 10 years. The goal is to encourage states to transition away from the Medicaid expansion that Obamacare allowed, in part by imposing a “Medicaid per capita cap and block grant with the Consumer Price Index.”

    The full proposal lists “Reform disability programs” in line for a $72 billion decrease over the 10-year budget window. This includes explicit cuts to Supplemental Security Income programs and Social Security Disability Insurance programs, both managed by the Social Security Administration.

  5. #5
    feh is offline
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    Mar 2007
    Quote Originally Posted by DaveWC View Post
    Remember when Trump said he wouldn't cut Social Security, Medicare and Medicaid? Oh well. He said the right words at least. No time for buyers' remorse now.
    Do you think his followers realize they've been fleeced?
    What's the Matter with Kansas?

  6. #6
    RoadBikeReview Member
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    Sep 2012
    Quote Originally Posted by feh View Post
    Do you think his followers realize they've been fleeced?
    The wealthy ones get it and applaud. Those that are employed and have food in the fridge will just think FUIGM. The average conservative won't hear about it on Fox so they will remain ignorant.

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