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Economy
See other Economy Articles

Title: What is Really Driving the Deficit?
Source: Dissenting Opinions
URL Source: http://jwpegler.blogspot.com/2011/0 ... is-really-driving-deficit.html
Published: Aug 5, 2011
Author: Eric Blankenburg
Post Date: 2011-08-05 01:50:01 by jwpegler
Keywords: None
Views: 2798
Comments: 5

We spend $700 billion on the military each year.

If we leave Iraq and Afghanistan we save $100 billion.

If we leave Europe, Japan, and South Korea we might save $100 billion more.

I support downsizing those commitments right now.

That leaves us with $500 billion in military spending, which is less than 3.5% of GDP. That would be lowest military spending since before WWII. It's a reasonable price to protect the country.

The deficit this year is over $1,500 billion. Take $200 billion out of the military and we still have a $1,300 billion deficit.

Yes military spending needs to be reformed, but it is not the primary driver of the deficit.

The primary driver of the deficit is that over half the people in the country receive a government check.

Until that fact really sinks in, we are going to continue hemorrhage money.

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#1. To: jwpegler (#0)

Until that fact really sinks in, we are going to continue hemorrhage money.

The federal government take in 200 billion a month, and spends 300 billion. Cut spending levels back to 2003 levels, when Bush was spending like a drunken sailor, problem solved. I live within my means, the government will just have to do the same thing, rather than following the spending patterns of the sub-prime borrowers.

nativist nationalist  posted on  2011-08-05   1:57:04 ET  Reply   Trace   Private Reply  


#2. To: nativist nationalist (#1) (Edited)

The federal government take in 200 billion a month, and spends 300 billion. Cut spending levels back to 2003 levels, when Bush was spending like a drunken sailor, problem solved. I live within my means, the government will just have to do the same thing

Yep. It's not that hard.

There are three things preventing common sense from prevailing:

A.) Leftist politicians are liars

B.) The media goes along with everything the leftist liars say

C.) The Republicans are cowards

We had an opportunity to make the politicians go Cold Turkey and eliminate their spending addiction. The GOP chickened out.

Boehner and McConnell should be strung up for this.

Unfortunately, Boehner is in a safe district and McConnell is not up for reelection until 2014. So, I guess that we'll just have to take it out on Orin Hatch.


This small group of terrorists [Tea Party members] have made it impossible to spend any money. -- Mike Doyle (D-PA)

jwpegler  posted on  2011-08-05   2:16:30 ET  Reply   Trace   Private Reply  


#3. To: jwpegler (#0)

The primary driver of the deficit is that over half the people in the country receive a government check.

Not quite but still quite a bit.... These were items that the Republicans were requesting be cut in their budget deal. Don't know how many of them they got but the point is it's just the tip of the iceberg of all the bullshit our tax dollars get spent on.....

Corporation for Public Broadcasting Subsidy. $445 million annual savings.

Save America 's Treasures Program. $25 million annual savings.

International Fund for Ireland . $17 million annual savings . Legal Services Corporation. $420 million annual savings.

National Endowment for the Arts. $167.5 million annual savings.

National Endowment for the Humanities. $167.5 million annual savings.

Hope VI Program.. $250 million annual savings.

Amtrak Subsidies. $1.565 billion annual savings.

Eliminate duplicative education programs. H.R. 2274 (in last Congress), authored by Rep.. McKeon, eliminates 68 at a savings of $1.3 billion annually< /span>.

U.S. Trade Development Agency. $55 million annual savings.

Woodrow Wilson Center Subsidy.. $20 million annual savings.

Cut in half funding for congressional printing and binding. $47 million annual savings.

John C. Stennis Center Subsidy. $430,000 annual savings.

Community Development Fund. $4.5 billion annual savings.

Heritage Area Grants and Statutory Aid. $24 million annual savings.

Cut Federal Travel Budget in Half. $7.5 billion annual savings

Trim Federal Vehicle Budget by 20%. $600 million annual savings.

Essential Air Service. $150 million annual savings..

Technology Innovation Program. $70 mi llion annual savings.

Manufacturing Extension Partnership (MEP) Program. $125 million annual savings.

Department of Energy Grants to States for Weatherization. $530 million annual savings.

Beach Replenishment. $95 million annual savings.

New Starts Transit. $2 billion annual savings.

Exchange Programs for Alaska , Natives Native Hawaiians, and Their Historical Trading Partners in Massachusetts . $9 million annual savings

Intercity and High Speed Rail Grants. $2.5 billion annual savings.

Title X Family Planning. $318 million annual savings.

Appalachian Regional Commission. $76 million annual savings.

Economic Development Administration. $293 million annual savings.

Programs under the National and Community Services Act. $1.15 billion annual savings.

Applied Research at Department of Energy. $1.27 billion annual savings.

FreedomCAR and Fuel Partnership. $200 million annual savings.

Energy Star Program. $52 million annual savings.

Economic Assistance to Egypt . $250 million annually.

U.S. Agency for Interna tional Development. $1.39 billion annual savings.

General Assistance to District of Columbia . $210 million annual savings.

Subsidy for Washington Metropolitan Area Transit Authority. $150 million annual savings.

Presidential Campaign Fund. $775 million savings over ten years.

No funding for federal office space acquisition. $864 million annual savings..

End prohibitions on competitive sourcing of government services. Repeal the Davis-Bacon Act. More than $1 billion annually.

IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget. $1.8 billion savings over ten years..

Require collection of unpaid taxes by federal employees. $1 billion total savings.WHAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Prohibit taxpayer funded union activities by federal employees. $1.2 billion savings over ten years.

Sell excess federal properties the government does not make use of. $15 billion total savings.

Eliminate death gratuity for Members of Congress. Lord help us!!!!!

Eliminate Mohair Subsidies. $1 million annual savings.

Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change. $12.5 million annual savings

Eliminate Market Access Program. $200 million annual savings.

USDA Sugar Program. $14 million annual savings.

Subsidy to Organisation for Economic Co-operation and Development (OECD) . $93 million annual savings.

Eliminate the National Organic Certification Cost-Share Program. $56..2 million annual savings.

Eliminate fund for Obamacare administrative costs. $900 million savings.

Ready to Learn TV Program. $27 million savings..

HUD Ph.D. Program. Deficit Reduction Check-Off Act.

When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!! -----------------------------"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf."

CZ82  posted on  2011-08-05   7:02:38 ET  Reply   Trace   Private Reply  


#4. To: jwpegler (#0)

The list was sent submitted to the president’s office, which responded by calling the report “flawed.” That's the part I like the most!!!!! LOL.....

Turtle Tunnel

It's been four months since congress opened the floodgates on nearly eight hundred billion dollars in federal stimulus funds. A lot of the money's going to schools, some is helping to extend unemployment benefits, and in North Florida, turtles have reason to celebrate, too. that's because they're about to get their own tunnel, at a cost of three-and-a-half million dollars. Posted: 7:51 PM Jun 17, 2009 Reporter: Whitney Ray

Believe it or not, this road just north of Tallahassee is the deadliest stretch of asphalt in the world. That is, for turtles.

But now, they're about to get a safe passage, a tunnel under the road, paid for with your money. Environmentalist Eric Draper calls it completely justified.

"When you've got a large turtle crossing over there to do what turtles do when turtles are in a mating mood, that can create an obstacle and a hazard on the road for people. So, the eco-passage is a way to make the road safe for drivers and to make it safe for turtles," says Draper.

This may not be a road to nowhere, but that's where critics argue, your tax dollars could be headed. Matter of fact, one U.S. Senator has the turtle tunnel on his list of dicey projects funded by the stimulus.

"I have never seen a turtle cross the road here at this place!"

Sheila Maxwell's also skeptical. She drives up and down U.S. 27 every day. And her experience is exactly what ours was, not a greenback to be found, unless you're talking about the three-and-a-half million that's about to be spent.

"I'm just a simple person, you know, I'm a housewife and a mom, and I just don't understand spending that much money, especially when we're in such a crisis as a nation, and taking our taxpayer dollars for that," says Maxwell.

And, get this, while construction on the tunnel begins in September, right now, there's not enough money to finish it. Bob McClure with one of Florida's top conservative think tanks is blasting the project as everything that's wrong with the stimulus.

"If you take what has happened with this eco-passage and you kind of amortize it across the entire country and the stimulus money and the billions that are being wasted, that's a real issue," says McClure.

Call it a 'shell game' or just a bump in the road, but there's no denying, turtles have become one potent constituency.

The project's proponents point out, it's got plenty of benefits for people, too. Not only will it create construction jobs, it'll also reduce the dozens of traffic mishaps that come to pass every year when cars meet shells. They say the tunnel will also cut down on the number of deer and alligators that try to cross the road, too.

------------------------------------------------------------------------------ U.S. Highway 27 near Tallahassee is said to be the deadliest road in the world; that is for turtles. The highway divides two lakes. The turtles use one for nesting.

Dr. Matt Aresco has been on a 10 year mission to help the turtles cross the road. His hard work will pay off this September, when 3.4 million federal stimulus dollars will be spent to build a tunnel under the highway.

“Even if you are not in favor of wildlife conservation, which a major part of this project is, would you want to hit a 400 lbs alligator with your car at night or have a turtle the size of a cinder block come through your windshield,” asked Aresco.

Pace Allen, a member of several anti-tax groups, says the turtle tunnel is a waste of money.

“It’s outrageous, unbelievable, but I think there is a real opportunity for people to standup and say look at this example our governments, federal, state and local are totally out of control,” said Allen.

The turtle tunnel is just one of more than 520 road and bridge projects the state plans to spend build with stimulus dollars. Leon County Commissioner Cliff Thaell said the project will create jobs.

“We have a lot of people hungry for work and ready to earn a living. This job is going to put people back to work and put food on their table,” said Thaell.

The Turtle tunnel made a list of 100 questionable spending projects released by Oklahoma Senator Tom Coburn. The list was sent submitted to the president’s office, which responded by calling the report “flawed.”

When asked by a Liberal what I bought my Granddaughter for her 1st birthday I replied, "MORE AMMUNITION"!!!! -----------------------------"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf."

CZ82  posted on  2011-08-05   7:04:27 ET  Reply   Trace   Private Reply  


#5. To: jwpegler (#0)

Wars and the Military.

Subsidies to the Top 50 000.

1400 millionaires paid no taxes.

mcgowanjm  posted on  2011-08-05   8:22:02 ET  Reply   Trace   Private Reply  


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