GlockTalk.com
Home Forums Classifieds Blogs Today's Posts Search Social Groups



  
SIGN-UP
Notices

Glock Talk
Welcome To The Glock Talk Forums.
Reply
 
Thread Tools Display Modes
Old 11-27-2012, 14:07   #1
snerd
Senior Member
 
snerd's Avatar
 
Join Date: Apr 2007
Posts: 5,374
Only in Washington

Quote:
For those of us who are not schooled in the ways of Washington, here is a glimpse into the duplicity of the “budget savings” as part of the fiscal cliff negotiations.
House Agriculture Chairman Frank D. Lucas has raised hopes that Congress might still be able to produce a multi-year farm bill soon, possibly as part of a package to block impending tax increases and spending cuts.

Lucas says Speaker John A. Boehner has indicated that the billions of savings over 10 years that a farm bill provides makes it an attractive option for legislation to avoid a combination of budget sequester and across-the-board spending cuts known as the fiscal cliff. The chairman had no details on timing, but people following the legislation say movement would have to occur by the first week of December. (CQ subscription)
Let’s do some rudimentary math. The last farm bill, which was enacted in 2008, authorized $604 billion in spending. The current House bill proposed by Lucas (HR 6083) authorizes $957 billion in spending extrapolated over 10 years. Yet, this 58% increase is considered a cut in ‘Washington speak’ because the phony CBO baseline, which locks in Obama’s food stamp spending, projects $992 billion in spending. Hence, passage of the farm bill, which locks in the record food stamp spending and creates new farm welfare programs, will be scored as a spending cut – to the extent that it can be used for the spending cut side of the ‘grand bargain.’
http://www.redstate.com/2012/11/26/only-in-washington/
__________________
Truth is, you could shove Obama's knowledge of small business operations and job creation up an gnats butt and it would rattle around like a marble in an empty supertanker. - Neil Boortz
snerd is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump




All times are GMT -6. The time now is 18:11.



Homepage
FAQ
Forums
Calendar
Advertise
Gallery
GT Wiki
GT Blogs
Social Groups
Classifieds


Users Currently Online: 1,189
403 Members
786 Guests

Most users ever online: 2,244
Nov 11, 2013 at 11:42