"Bill McKee" wrote in message
m...

"nom=de=plume" wrote in message
...
"D.Duck" wrote in message
...
nom=de=plume wrote:
"D.Duck" wrote in message
...
"Obama knew the problems coming in." Yet, his actions didn't take
effect until he was well into the position, and the results when they
did have been a slowing of the job loss, a stablization of the
economy, and he's on track to save billions if not trillions. But, of
course the Republicans have a plan... the status quo. To hell with
getting the spending under control in a meaningful way, reform the
financial system, reform the healthcare system, reform the school
system. Just say no!

My crystal ball sure doesn't show the savings of "billions if not
trillions". Are you looking through rose colored glasses?




I'm using the same source as everyone else... the CBO. If you have a
different source, I'd be happy to look at it, as long as it's not
Rush/Beck/Palin/Cheney or Faux News.



I just can't see ridding this country of its "fiscal cancer" anytime
soon. I hope I'm wrong. I know what the CBO says, too many variables
and unforseen circustances. For that matter it could go either way.


I agree with this, and I hope we're both wrong. Of course, the CBO can't
know everything.

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Nom=de=Plume


Where are the billions in savings? When do they kick in? Look at the
estimated deficits even after Obama if he makes it 2 terms.
http://www.cbo.gov/

"CBO and JCT estimate that enacting both pieces of legislation—H.R. 3590 and
the reconciliation proposal— would produce a net reduction in federal
deficits of $138 billion over the 2010–2019 period as result of changes in
direct spending and revenue (see the top panel of Table 1 and subtitle A of
title II on Table 5)."

and

"CBO has not extrapolated estimates further into the future because the
uncertainties surrounding them are magnified even more. However, in view of
the projected net savings during the decade following the 10-year budget
window, CBO anticipates that the reconciliation proposal would probably
continue to reduce budget deficits relative to those under current law in
subsequent decades, assuming that all of its provisions would continue to be
fully implemented."


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Nom=de=Plume