mark mine down, and the Fed audit, too. The others are either wrong or more nuanced.Originally Posted by TheCount
I had to delete other Trumpredictions from my signature to make room for yours.
Knowledge is Liberty!
"Balancing" relies on the economy growing twice as fast every year for the next decade as it did in the past decade. Plus some other "unknown factors". It also assumes that Congress (who will write the actual budget) passes it as is. The presidential budget is only a suggestion. It is very unusual for the president to not release his budget proposal in person. Physically distancing himself from it- litteraly as well as figuratively?
The guy who appointed the CIO of Goldman Sachs and President of OneWest Bank as the Treasury Secretary is going to audit the Fed?
I'll believe it when I see it.
In a few weeks he will probably just purpose an increase in spending. Trump seems to cater to whatever he thinks his audience wants to hear.
The president’s budget, released Tuesday, reduces funding for the Office of National Drug Policy (ONDCP) by $11 million, a 3-percent cut.
the White House just weeks ago had floated slashing the ONDCP’s budget by nearly 95 percent.
Somebody didn't read Trumps budget?
$1.5 trillion in non-defense discretionary cuts and $1.4 trillion in Medicaid cuts over the course of a decade, while adding nearly half a trillion dollars to defense spending.
Will you make a retraction for this post when prescription drug prices come down in the next few years?
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"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul
"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."
Traitorous Goldman Sachs people sold out to Trump. Trump has the power, Trump has the cards, and people are selling out to the pro-liberty Trump agenda. Trump does not need the rank-in-file Goldman Sachs filth, he got elected without their help. Some of the rats have jumped ship. You should be happy about this, rather than bitching about it.
Knowledge is Liberty!
Pretty much. But if there is a map towards a balanced budget it will be a massive leap in the right direction for the United States.
With the passage of the "Continuing Budget Resolution" recently passed which covers the US government spending until October, I don't expect much serious discussion until late September.
Ivanka wants more social spending- he put in a proposal to spend $19 billion on paid family leave for up to six weeks following the birth (or adoption) of a child. http://www.cnn.com/2017/05/22/politi...-leave-ivanka/
He also suggested making child care expenses tax deductible for families earning less than $500,000 and called for establishing tax-free accounts to be used for child care and child enrichment activities.
This is just the spending side- it doesn't include the tax cuts he wants. That will increase the deficit by more than his proposed cuts. Also has nothing about the $1 trillion he wants for infrastructure spending.
Trump Administration Unveils The Most Libertarian Budget In History, But Will Congress Approve It?
— Published on May 23, 2017 — in News — by Shane Trejo
http://www.thelibertyconservative.co...gress-approve/
Knowledge is Liberty!
Mulvaney Discovers 300 Billion in Unauthorized Government Spending | The Liberty Conservative
http://www.thelibertyconservative.co...ment-spending/Yesterday, Mick Mulvaney, in the White House Briefing Room announced that his team has discovered over $300 Billion per year in unauthorized government spending. Mulvaney announced that past government budgets have continued to spend money on these programs that Congress only authorized for a set period of time. With the National debt getting close to $20 Trillion, a savings of $300 Billion a year is substantial.
Knowledge is Liberty!
OMG this site is hilarious.
OMG this site is hilarious.
Says the guy with the Willie Wonka avatar.
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Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
I'm disappointed in this forum. I can't believe you guys are falling for this 10 year budget cut crap. Again. It's not a budget "cut". It's the old "decrease" in the "increase" game. And it's not binding in any way. Future congresses can undo it in a second (and they will). And although I haven't seen the budget proposal yet, I can guarantee you it's backloaded. Meaning the bigger cuts are off in the future. This year will probably be an increase and that's all that matters. It's 100% scam and nobody in this thread even mentioned it. Damn.
What they said. I am 99% sure that it would be as what Madison said but I would keep my mind open that the 1% possibility would happen. The evidence of it would convince me, so I will be waiting for the day when it happens.
Overall, it is a significant decrease of federal spending as a percentage of GDP.
Knowledge is Liberty!
How have (almost) all of you - pro- and anti-Trump alike - fell for this media narrative that this is an austere budget that slashes spending? Read the damn thing! Guys, this is not a libertarian budget, this is not a conservative budget, this budget increases spending.
2017 budget (in billions): $4,062; 2018 budget (in billions) $4,094 - an INCREASE of 32 billion dollars!
But the news media dutifully repeats over and over the imaginary 3.6 trillion in cuts, and if you repeat a thing often and loud enough it becomes truth. This lie has a double effect of giving progressives the spending they want without stopping the riots, and tricking conservatives into thinking Trump is shrinking the government.
https://www.whitehouse.gov/sites/whi...et.pdf#page=31
Bonus fact: It plans to increase the debt as well: Debt held by the public (in billions) 2017: $14,824 2018: $15,353 first year increase in debt: 656 billion dollars.
Last edited by The Rebel Poet; 05-24-2017 at 09:17 AM.
Amash>Trump
ΟΥ ΓΑΡ ЄCΤΙΝ ЄξΟΥCΙΑ ЄΙ ΜΗ ΥΠΟ ΘЄΟΥ
"Patriotism should come from loving thy neighbor, not from worshiping graven images" - Ironman77
"ideas have the potential of being more powerful than any army....The concept of personal sovereignty was pulled screaming from the ether into this reality by the force of men believing in a self evident truth, that men are meant to be free." - The Northbreather
"Trump is the security blanket of aggrieved white men aged 18-60." - Pinoy
Wipe that kool-aid off your chin!
And this is the PROPOSED budget. First it has to get passed. That'll raise it even more. Then reality happens, like a recession that they have not planned for. Or a war. Or the 2018 election cycle. Or a rise in interest rates. That'll raise it A LOT. We could easily hit 5 trillion a year in a couple years.
Not only that, the projected economic growth in the budget is based on tax cuts passing, but the projected deficits are based on no tax cuts.
It's mostly smoke and mirrors.
I always liked Ron's "We could defend this country with a few good submarines."
>_<
Very hilarious.
Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members
You would know.
Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members
Both parties want to spend more. Republicans want to pay for it by stealing less and magically hoping it will increase tax revenue. Democrats want to pay for it by stealing more and hoping it will magically increase tax revenue.
Absolutely. There is no fiscally conservative party, regardless of the generally accepted narrative.
In other words, both parties are parties of "free money," the only difference is the source.
It cuts spending as a percentage of GDP.
Knowledge is Liberty!
No, it assumes that GDP will increase and therefore reduce spending as a percentage of GDP all by itself. Trump is going to wave his magic wand in his tiny, tiny hands and cause 10 consecutive years of 3% economic growth.
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