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Budget cuts.
    #5081652 -

WOOT!!!!! It's about fucking time.

Let's hope for lots more.

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House approves $39.7 bln spending cuts

By Richard Cowan 2 hours, 49 minutes ago

WASHINGTON (Reuters) - The House of Representatives on Monday narrowly voted to cut $39.7 billion from federal spending over five years, including health care and other social welfare, as part of a conservative push to contain these growing programs.
ADVERTISEMENT

By a vote of 212-206, the House, at the end of a rare overnight session, approved the spending cuts, which were opposed by Democrats.

"We have a plan to reform the government and achieve savings," said House Budget Committee Chairman Jim Nussle, an Iowa Republican.

In separate legislation, the House also approved a 1 percent reduction in spending this fiscal year for all federal programs, except for the Veterans Administration, to save an additional $8 billion.

The five-year budget bill, which was trimmed from the nearly $50 billion in savings approved by the House last month, is expected to be debated by the Senate this week.

Democrats criticized spending cuts to student loans, child care and other programs. Rep. John Spratt (news, bio, voting record) of South Carolina, the senior Budget Committee Democrat, complained that Republicans were negotiating last-minute deals to help medical equipment manufacturers and suppliers, while maintaining reductions in some programs for the poor.

Rep. Chet Edwards (news, bio, voting record), a Texas Democrat, said, "This bill under the Republican leadership makes Scrooge look like a philanthropist."

A large chunk of the spending cuts, about $11.2 billion over five years, would come from Medicare and Medicaid, the health-care programs for the elderly and poor.

The Center on Budget and Policy Priorities, a liberal-leaning economic analysis group, said the bill would raise co-payments for many Medicaid beneficiaries, "as well as the premiums they can be charged to enroll in Medicaid in the first place."

Additional savings would come in student loan programs, which Massachusetts Sen. Edward Kennedy (news, bio, voting record), a Democrat, called "the biggest cuts to student aid programs ever."

The spending-cut bill also would make a significant change to U.S. trade policy.

If enacted, it would repeal a trade law known as the "Byrd amendment" that allows the government to distribute some duties it collects on foreign goods to U.S. companies involved in trade disputes with foreign competitors.

Under a compromise, the law, which has been declared illegal by the
World Trade Organization, would be repealed after a two-year grace period.

American companies have collected more than $1 billion since 2000 under this law.

Throughout this year, the Republican-led Congress has been pushing some form of spending reductions, which they said were necessary in light of huge U.S. budget deficits and unexpected hurricane clean-up and rebuilding costs.

The $39.7 billion in savings would be dwarfed, however, by an estimated $14 trillion the government is expected to spend over the next five years under a Republican budget plan approved last April.

Democrats argued that the spending cuts were falling disproportionately on the poor as Republicans also were pushing through Congress tax cuts for the wealthiest Americans.

Some of those Democrats have acknowledged the need to control the growth of these federal programs, a problem that will only get worse as baby-boomers retire and enroll in federal programs such as Medicare. But they argued that long-term reforms, not stop-gap spending cuts, were necessary.

House Republicans abandoned earlier attempts to cut food stamps by about $700 million. The program helps the poor buy groceries.

The government would gain $3.6 billion in revenues over five years by raising premiums companies would pay to the Pension Benefit Guarantee Corp.


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You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers

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Re: Budget cuts. [Re: luvdemshrooms]
    #5081710 -

its a good start.


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America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: Budget cuts. [Re: luvdemshrooms]
    #5082900 -

if they were really interested in reducing the deficit..then they should also think about scrapping the accompanying $60 billion tax giveaway to the wealthy...

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Re: Budget cuts. [Re: Annapurna1]
    #5083174 -

Annapurna1 said:
if they were really interested in reducing the deficit..then they should also think about scrapping the accompanying $60 billion tax giveaway to the wealthy...



wealthy/poor in America....

America, the only place in the world where the poor are overweight....


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: Budget cuts. [Re: Annapurna1]
    #5083223 -

As the wealthy have paid excessive tax, they deserve it back.

Keep the tax cut, scrap programs. Especially "social programs".


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You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers

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Re: Budget cuts. [Re: luvdemshrooms]
    #5083268 -

House OKs Budget Cuts, ANWR Oil Drilling

And the Democrats were scathing.

Pelosi starts quoting the bible. too funny.........



"As the Bible teaches us, to minister to the needs of God's creation is an act of worship, to ignore those needs is to dishonor the God who made us," said House Democratic Leader Nancy Pelosi of California. "Let us vote no on this budget as an act of worship and for America's children."


She found this passage in the in Grim's Fairy Tales version of the New Testament where the witch wants to fatten up Hansel and Gretel before EATING them!


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: Budget cuts. [Re: lonestar2004]
    #5083331 -

That is pretty damn funny.


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what's with neocons and the word 'ilk'?

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Re: Budget cuts. [Re: Gijith]
    #5083395 -

I expect the ridiculous skank to immediately resign and take up her true calling, "Mother Nancy of DC", ministering to forsaken crackhead ex- mayors and raising sunken Kennedy Oldsmobiles to be donated to soup kitchens for community outreach. If these fucking morons didn't exist, I don't think we would have the nerve to invent them. I mean really, who wouldn't cringe from the implausibility of this idiot.

(You know, I think I may have outdone myself with "the implausibility of this idiot". I like it. It feels right.)


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Re: Budget cuts. [Re: luvdemshrooms]
    #5089129 -

Looks like the VP just came in from the Mideast soon enough to BREAK the budget tie in the Senate. The budget has passed the Senate.

"Vice President Dick Cheney rushed home from the Middle East to be on hand to cast a potential tie-breaking vote on the centerpiece of the GOP's budget agenda -- a $39.7 billion bill cutting federal benefit programs like Medicare and Medicaid for the first time in eight years."


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: Budget cuts. [Re: lonestar2004]
    #5089248 -

It's funny, all the papers yesterday were saying he rushed home because of the phony NSA claptrap. Jokes on them.


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Re: Budget cuts. [Re: zappaisgod]
    #5089264 -

Does anyone know if this was the bill that gutted student aid funding? Somehow that doesnt seem like much of an investment in the future...


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After one comes, through contact with it's administrators, no longer to cherish greatly the law as a remedy in abuses, then the bottle becomes a sovereign means of direct action.  If you cannot throw it at least you can always drink out of it.  - Ernest Hemingway

If it is life that you feel you are missing I can tell you where to find it.  In the law courts, in business, in government.  There is nothing occurring in the streets. Nothing but a dumbshow composed of the helpless and the impotent.    -Cormac MacCarthy

He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the heart, and in our own despair, against our will, comes wisdom to us by the awful grace of God.  - Aeschylus

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Re: Budget cuts. [Re: Madtowntripper]
    #5089286 -

Oh, and what I imagine the key sentence in that article is for you "Fiscal Conservatives".....

Quote:
The $39.7 billion in savings would be dwarfed, however, by an estimated $14 trillion the government is expected to spend over the next five years under a Republican budget plan approved last April.




--------------------
After one comes, through contact with it's administrators, no longer to cherish greatly the law as a remedy in abuses, then the bottle becomes a sovereign means of direct action.  If you cannot throw it at least you can always drink out of it.  - Ernest Hemingway

If it is life that you feel you are missing I can tell you where to find it.  In the law courts, in business, in government.  There is nothing occurring in the streets. Nothing but a dumbshow composed of the helpless and the impotent.    -Cormac MacCarthy

He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the heart, and in our own despair, against our will, comes wisdom to us by the awful grace of God.  - Aeschylus

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Re: Budget cuts. [Re: Madtowntripper]
    #5089307 -

It's a start. And tell me again why I should pay for your college education. We need more carpenters than we do social scientists or philosophers.


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Re: Budget cuts. [Re: zappaisgod]
    #5089332 -

I'm not sure if your aware of the premise of a "Loan". But it means that I pay "you" back all the money that "you" made available to me to pursue my education.

And the fact that you think a modern society can survive for long without a strong educational system turning out engineers, doctors, teachers and those in the medical professions is even more off base than most of the things you say.

Which is, in itself, saying alot.


--------------------
After one comes, through contact with it's administrators, no longer to cherish greatly the law as a remedy in abuses, then the bottle becomes a sovereign means of direct action.  If you cannot throw it at least you can always drink out of it.  - Ernest Hemingway

If it is life that you feel you are missing I can tell you where to find it.  In the law courts, in business, in government.  There is nothing occurring in the streets. Nothing but a dumbshow composed of the helpless and the impotent.    -Cormac MacCarthy

He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the heart, and in our own despair, against our will, comes wisdom to us by the awful grace of God.  - Aeschylus

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Re: Budget cuts. [Re: Madtowntripper]
    #5089779 -

Where in the phrase "student aid funding" do you find the word "loan"?

You may also note that I mentioned social "scientists" and philosophers specificly. And for derision. To which I will at this time add lit majors and art historians and history majors and other assorted degreed wankers.

Loans? OK. Maybe even preferred rates. Gifts? Blow me.


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Re: Budget cuts. [Re: zappaisgod]
    #5089947 -

I'm not sure how far removed you are from your school days you are, if indeed you ever did attend any higher educational establishment, but the majority of "Student Aid Funding" is in the form of loans, not grants or gifts.

I fill out a FAFSA form every semester. This is a Free Application for Federal Student Aid. I'm applying for low-interest government loans. I dont know where you get your assertion that the government is willy-nilly throwing money at students, but I assure you, this is not the case. My parents are dirt poor. I get the maximum amount of funding possible, and out of a total of about 8500$ payed out every semester, less than 500$ of that is in the form of grants. And that is in the form of a Wisconsin Higher Education Grant, which isnt even covered under Federal Aid. The balance is in loans which I *will* be paying back.

So again, I'm not sure what your problem is with funding higher education. I'm sure some of the hundreds of billions of dollars you are throwing at your precious Military-Industrial Complex could find its way into the pockets of Colleges and Universities nationwide to pay for its students. After all, where are you going to get your bombers and guns and chemical weapons if you dont have engineers to design them? Buy them from China?


--------------------
After one comes, through contact with it's administrators, no longer to cherish greatly the law as a remedy in abuses, then the bottle becomes a sovereign means of direct action.  If you cannot throw it at least you can always drink out of it.  - Ernest Hemingway

If it is life that you feel you are missing I can tell you where to find it.  In the law courts, in business, in government.  There is nothing occurring in the streets. Nothing but a dumbshow composed of the helpless and the impotent.    -Cormac MacCarthy

He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the heart, and in our own despair, against our will, comes wisdom to us by the awful grace of God.  - Aeschylus

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Re: Budget cuts. [Re: Madtowntripper]
    #5090087 -

I hope this reading comprehension is not indicative of our college students today.

Madtowntripper said:
I'm not sure how far removed you are from your school days you are, if indeed you ever did attend any higher educational establishment, but the majority of "Student Aid Funding" is in the form of loans, not grants or gifts.


Nonetheless, this is a simple equation engineering students can understand, even most English students. "Funding" does not equal "loans". It may include loans but it does not equal loans. Your snippy little assertion to the contrary. (I did attend a higher learning establishment, and I did I have a scholarship, for which I was very grateful and for which I had no "fucking sense of entitlement to". You should kiss the ass of every taxpayer who gives you money or loans it to you at less than market rates.

Quote:
I fill out a FAFSA form every semester. This is a Free Application for Federal Student Aid. I'm applying for low-interest government loans.


That must be brutal
Quote:
I dont know where you get your assertion that the government is willy-nilly throwing money at students, but I assure you, this is not the case. My parents are dirt poor. I get the maximum amount of funding possible, and out of a total of about 8500$ payed out every semester, less than 500$ of that is in the form of grants. And that is in the form of a Wisconsin Higher Education Grant, which isnt even covered under Federal Aid. The balance is in loans which I *will* be paying back.


Good for you. I wish you the best. I resent your sense of entitlement. Say thank you and don't whine that you didn't get as much as you did yesterday. That's all. Because I'd be more than happy to tell you to go fuck your ungrateful self and find a private bank to do it. Maybe they'll think you're worthy.

Quote:
So again, I'm not sure what your problem is with funding higher education. I'm sure some of the hundreds of billions of dollars you are throwing at your precious Military-Industrial Complex could find its way into the pockets of Colleges and Universities nationwide to pay for its students. After all, where are you going to get your bombers and guns and chemical weapons if you dont have engineers to design them? Buy them from China?


Are you an engineering student or an art history major. I definitely think they should receive different levels of aid (AH-none, engineering based on ability) You do realize that your tuition payments cover less than half of your cost. You are already subsidized even without grants or low interest loans.


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Re: Budget cuts. [Re: zappaisgod]
    #5090136 -

Talk about reading comprehension. I say the majority of Student Aid Funding is loans, not grants or gifts. You say Funding includes loans. What the fuck are you arguing about?

As for filling out the FAFSA. I'm not complaining about the thing. Its a 5 or 10 page internet form, it takes 30 minutes. I merely included that to show you that I have some experience with student aid and to quickly acquaint others with the process. Do you understand this?

As for my sense of entitlement. For some of us, student aid money is not a luxury that we blow on beer and dope. It is a necessity. I go to school full time, I work full time. Before you start crying, understand this, I'm NOT Complaining. I have no problems being poor while I complete my education. I'm GRATEFUL for the chance to pursue something I love to do. But I am telling you, flat out, that if my LOANS were reduced 1500$ per semester, which as I understand it would be, I would simply not be able to afford school. This is why I'm upset about this provision of the spending cuts.

If you still cannot understand this, I will try again.


--------------------
After one comes, through contact with it's administrators, no longer to cherish greatly the law as a remedy in abuses, then the bottle becomes a sovereign means of direct action.  If you cannot throw it at least you can always drink out of it.  - Ernest Hemingway

If it is life that you feel you are missing I can tell you where to find it.  In the law courts, in business, in government.  There is nothing occurring in the streets. Nothing but a dumbshow composed of the helpless and the impotent.    -Cormac MacCarthy

He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the heart, and in our own despair, against our will, comes wisdom to us by the awful grace of God.  - Aeschylus

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Re: Budget cuts. [Re: Madtowntripper]
    #5090176 -

There's a long string of this argument, which started with you complaining about "funding" cuts. I said why should I fund you. You said something about loans. I said funding does not equal loans. Some funding is gifts.

And you did indeed sound like you thought you were entitled. If not, I apologize for misreading your attitude. I also wish you well. If all this is true, good for you. What's your major?


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Re: Budget cuts. [Re: zappaisgod]
    #5090267 -

your not only a fool but a hippocryte(sp)...OTOH..if someone that stupid got a scholarship..then i guess MTT could too...


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"anchor blocks counteract the process of pontiprobation..while omalean globes regulize the pressure"...

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