Thread: No blood for oil
View Single Post
  #41   Report Post  
posted to rec.boats
[email protected] emdeplume@hush.com is offline
external usenet poster
  
First recorded activity by BoatBanter: Oct 2010
Posts: 4,021
Default No blood for oil
On Mon, 21 Mar 2011 21:27:47 -0400, wrote:

On Mon, 21 Mar 2011 17:02:41 -0700, wrote:

On Mon, 21 Mar 2011 17:43:19 -0400, wrote:

On Mon, 21 Mar 2011 11:40:55 -0700, wrote:



If paygo doesn't apply to the entitlements and the DoD budget it is
about as significant as cutting the NPR budget.

"Federal Reserve chairman Alan Greenspan and former Congressional
Budget Office (CBO) director Dan L. Crippen have pointed to PAYGO as
instrumental in establishing the fiscal discipline that gradually
decreased the deficit during the 1990s and ultimately led to large
surpluses."

That was when SS and Medicare were paying their own way. Both are in
deficit now.

They are not in deficit in any way that affects the upcoming budget.
It's nonsense, right-wing fear-mongering.
Reply With QuoteReply With Quote