New Budget Deal Puts Final Nail
in the Tea-Party Coffin
National Review,
by
Brian Riedl
Original Article
Posted By: Pluperfect,
7/23/2019 4:55:50 AM
President Trump and congressional leaders are nearing a deal that would raise the discretionary-spending caps by $320 billion over two years and offset less than one-quarter of those costs (and even those offsets would take a decade to materialize). The budget deal would essentially repeal the final two years of the 2011 Budget Control Act and raise the baseline for future discretionary spending by nearly $2 trillion over the decade.
This represents a fitting conclusion of the Budget Control Act — the crown jewel of the 2011 “tea-party Congress.” The decade-long shredding of these hard-fought budget constraints mirrors the shredding of Republican credibility on fiscal responsibility.The story begins
Reply 1 - Posted by:
F15 Gork 7/23/2019 5:44:11 AM (No. 131277)
“We have met the enemy and he is us” - Pogo
7 people like this.
The reality is that there never was a way to control the spending the reality is you have to grow your way out of this mess. If you get a raise you can afford the bigger mortgage, same thing with the government as long as interest stay low and eventually you privatize your way out of the government dependency cycle. That is the only way out. Prosperity is the answer, not a pretense of cutting when in fact the cuts are just a drop in the proverbial bucket anyway.
9 people like this.
Reply 3 - Posted by:
Rinktum 7/23/2019 6:21:50 AM (No. 131298)
There may be a strategy for doing this, but our government has been revealed to be thoroughly corrupt and it is a slap in the face to every taxpayer that these so called public servants are unable to effectively answer to the American public just how the money is spent, why there is such an enormous amount of waste, and why spending never goes down. We need complete audits of every agency and transparency regarding where the money is going. What galls the American people is the audacity of these self-serving representatives who have focused their attention on making sure they work the least amount of time for the most amount of pay, that they make sure their bennies are exceptional and that their pensions are golden. We are being ripped off by these entitlement minded pampered princes. Most Americans would like to take a red pen to every proposed budget and start making real cuts. The fox, indeed, is guarding the henhouse.
20 people like this.
Reply 4 - Posted by:
Muguy 7/23/2019 7:29:16 AM (No. 131357)
Can we truly say that republicans are for "getting government off our backs"?
How about "lower taxes"???
AT least he didn't say "read my lips"....
More 4-D chess, anyone?
Calling Ronald Reagan.....
3 people like this.
Reply 5 - Posted by:
spacer 7/23/2019 7:46:20 AM (No. 131376)
Short time to get things done. Priorities a must. President Trump is working with the hand he was dealt by the American people. I trust him.
11 people like this.
Reply 6 - Posted by:
philsner 7/23/2019 7:59:51 AM (No. 131391)
Mitt Romney, John McCain, or even Hillary would have done better, right?
8 people like this.
Reply 7 - Posted by:
Muguy 7/23/2019 8:25:23 AM (No. 131412)
Sorry for the secondary post, but history has PROVEN WITHOUT A DOUBT that spending more money cannot lift a person or a country out of perilous debt..
Due to increased tax debt that continues to get higher and higher, there is not enough housing and the Millenials are NOT buying homes as they are getting scarcer and scarcer and out of reach to afford.
It won't be long before we begin to experience ill effects and there will be a reckoning.... this is one campaign promise that has NOT been kept....
5 people like this.
Hello, suckers... Politics 101: Public money is a politician’s stock in trade. Never spend enough; never runs out.
4 people like this.
Reply 9 - Posted by:
LC Chihuahua 7/23/2019 8:54:38 AM (No. 131433)
This is what the swamp is all about. Spending other people's money. They do it for their own selfish reasons, but sadly, the general public asks them to overspend as well. This cannot go on forever, and everybody knows it. Its no fun watching this country self-destruct. We are doing it to ourselves, and it does not reflect well on us. If the country self-destructs, its because we are self-destructive.
Grow the economy and grow the GDP. That will increase tax revenue. Its the only chance to catch up with spending, but we never will as long as we keep increasing our spending. The only other option is to come up with some other economic model that has never been tried. Only God would know what that would be.
2 people like this.
Reply 10 - Posted by:
49 Ford 7/23/2019 9:31:13 AM (No. 131464)
The writer was naive if he once believed that a jury-rigged contraption like the Budget Conrol Act was going to put a brake on federal spending. Tinkering around with theoretical reductions in rates of increase ten years out was never more than political theater.
But don't blame the politicians entirely. The only way to seriously reduce discretionary spending is by eliminating some of the functions of government, every one of which has a powerful constituency.
And as to the entitlements and the debt service - one is politically untouchable (as Dubya learned in 2005)
and the other is fixed in law.
However it all turns out, we will have brought the result upon ourselves.
1 person likes this.
Reply 11 - Posted by:
jeffkinnh 7/23/2019 10:50:00 AM (No. 131539)
Trump is a reality based person. There is NO way to ram a budget constrained bill through a dem House. Further, as pointed out by the article, Republicans are not going to go to the mat to fight for it either. The American People dealt the hand and this is the outcome. Hopefully they have learned that split government is NOT a working solution with the crazy party the dems are now.
On the other hand, Trump is telling his people to look hard at budget cuts. If he promises during the campaign to reign in spending, I believe he will work hard at it. Being a businessman and realist, Trump knows that out of control spending can sink any organization, no matter how much money it takes in. Hopefully a 2020+ Congress will be more inclined to work with him than they did in 2016; on the budget as well as many other things.
3 people like this.
Reply 12 - Posted by:
Strike3 7/23/2019 11:38:44 AM (No. 131584)
The real TEA Party was all about citizens, never politicians. Republicans care as little as do Democrats whether the budget balances or the spending ceiling is honored. They all have their nests feathered for life because they control the purse strings. This smoke and mirrors method of government goes from the Fed, down through state and city, all the way to lowly towns and school boards. Money is stolen from the taxpayers against their will and spent frivolously. What is needed is a separate agency that serves the function of a bank that doles out the money based on what the taxpayers want, not the self-serving people who can carve out their share first and then spend the remainder on whatever pet projects get them re-elected. It's all a crooked game. I recently ran for my local POA on a platform of auditing every department and making all details of all expenditures visible. It scared them to death and they naturally selected the candidates who would go along to get along. It's a losing battle when you give somebody control of other people's money.
2 people like this.
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