EVER WONDER HOW OBAMA CLAIMS HE CUTTING SPENDING ??????????

[Whirlaway]

THE BUDGET BASELINE CON..........

From WSJ online.


If the fiscal cliff talks make Lindsay Lohan look like a productive member of society, perhaps it's because President Obama and John Boehner are playing by the dysfunctional Beltway rules. The rules work if you like bigger government, but Republicans need a new strategy, which starts by exposing the rigged game of "baseline budgeting."

Both the White House and House Republicans are pretending that their goal is "reducing the deficit," which they suggest means making real spending choices. They are talking about a "$4 trillion plan," or something, regardless of how that number is reached.

Here's the reality: Those numbers have no real meaning because they are conjured in the wilderness of mirrors that is the federal budget process. Since 1974, Capitol Hill's "baseline" has automatically increased spending every year according to Congressional Budget Office projections, which means before anyone has submitted a budget or cast a single vote. Tax and spending changes are then measured off that inflated baseline, not in absolute terms.

The most absurd current example is Mr. Obama's claim that his "$4 trillion" plan reduces the deficit by about $800 billion over 10 years by ending the wars in Iraq and Afghanistan. But those "savings," as he calls them, are measured against a White House budget office spending baseline that is fictional. Those wars are already being unwound and everyone knows the money will never be spent. But they are called "savings" to gull the public and make the deficit reduction add up to a large-sounding $4 trillion.

The baseline scam also exists in many states, and no less a Democrat than New York Governor Andrew Cuomo denounced it in 2011 as a "sham" and "deceptive." He wrote in the New York Post that state spending was "dictated by hundreds of rates and formulas that are marbleized throughout New York State laws that govern different programs—formulas that have been built into the law over decades, without regard to fiscal realities, performance or accountability." Then he proceeded to continue baseline budgeting.

In Washington, Democrats designed this system to make it easier to defend annual spending increases and to portray any reduction in the baseline as a spending "cut." Chris Wallace called Timothy Geithner on this "gimmick" on "Fox News Sunday" this week, only to have the Treasury Secretary insist it's real.

Republicans used to object to this game, but in recent years they seem to have given up. In an October 2010 speech at the American Enterprise Institute, House Speaker Boehner proposed that "we ought to start at square one" and rewrite the 1974 budget act. But he then dropped the idea, and in the current debate the GOP is putting itself at a major disadvantage by negotiating off the phony baseline. In a press release Tuesday, his own office advertised the need for "spending cuts" that aren't even cuts.





If Republicans really want to slow the growth in spending, they need to stop playing by Beltway rules and start explaining to America why Mr. Obama keeps saying he's cutting spending even as spending and deficits keep going up and up and up.

http://online.wsj.com/article/SB1000...googlenews_wsj

[CJ7]

Originally Posted by Whirlaway

THE BUDGET BASELINE CON..........

From WSJ online.


If the fiscal cliff talks make Lindsay Lohan look like a productive member of society, perhaps it's because President Obama and John Boehner are playing by the dysfunctional Beltway rules. The rules work if you like bigger government, but Republicans need a new strategy, which starts by exposing the rigged game of "baseline budgeting."

Both the White House and House Republicans are pretending that their goal is "reducing the deficit," which they suggest means making real spending choices. They are talking about a "$4 trillion plan," or something, regardless of how that number is reached.

Here's the reality: Those numbers have no real meaning because they are conjured in the wilderness of mirrors that is the federal budget process. Since 1974, Capitol Hill's "baseline" has automatically increased spending every year according to Congressional Budget Office projections, which means before anyone has submitted a budget or cast a single vote. Tax and spending changes are then measured off that inflated baseline, not in absolute terms.

The most absurd current example is Mr. Obama's claim that his "$4 trillion" plan reduces the deficit by about $800 billion over 10 years by ending the wars in Iraq and Afghanistan. But those "savings," as he calls them, are measured against a White House budget office spending baseline that is fictional. Those wars are already being unwound and everyone knows the money will never be spent. But they are called "savings" to gull the public and make the deficit reduction add up to a large-sounding $4 trillion.

The baseline scam also exists in many states, and no less a Democrat than New York Governor Andrew Cuomo denounced it in 2011 as a "sham" and "deceptive." He wrote in the New York Post that state spending was "dictated by hundreds of rates and formulas that are marbleized throughout New York State laws that govern different programs—formulas that have been built into the law over decades, without regard to fiscal realities, performance or accountability." Then he proceeded to continue baseline budgeting.

In Washington, Democrats designed this system to make it easier to defend annual spending increases and to portray any reduction in the baseline as a spending "cut." Chris Wallace called Timothy Geithner on this "gimmick" on "Fox News Sunday" this week, only to have the Treasury Secretary insist it's real.

Republicans used to object to this game, but in recent years they seem to have given up. In an October 2010 speech at the American Enterprise Institute, House Speaker Boehner proposed that "we ought to start at square one" and rewrite the 1974 budget act. But he then dropped the idea, and in the current debate the GOP is putting itself at a major disadvantage by negotiating off the phony baseline. In a press release Tuesday, his own office advertised the need for "spending cuts" that aren't even cuts.





If Republicans really want to slow the growth in spending, they need to stop playing by Beltway rules and start explaining to America why Mr. Obama keeps saying he's cutting spending even as spending and deficits keep going up and up and up.

http://online.wsj.com/article/SB1000...googlenews_wsj

the president proposes, congress disposes

any spending must go through the House, the House is republican majority, blame the source ....

[Whirlaway]

True CJ; but Obama is playing his very large part in the CON................if you understood the WSJ article you would see that Obama uses the baseline con to mislead us on making cuts ! And of course Harry Reid and the corrupt democrats are all too happy to play as well.

[CJ7]

Originally Posted by Whirlaway

True CJ; but Obama is playing his very large part in the CON................

He is like the phony "bystander" in the 3-card monte con; you think he is a regular rube playing the game, but he actually is the phony shill.

yeah, Ive noticed how he bends the will of the House

[Whirlaway]

You missed the point, again.

Obama claims his budget is cutting spending - by using the phony baseline accounting....

You ok with this ?

[CJ7]

Originally Posted by Whirlaway

You missed the point, again.

Obama claims his budget is cutting spending - by using the phony baseline accounting....

You ok with this ?

well, something is lowering the deficit


http://www.politifact.com/truth-o-me...ubled-deficit/

[CuteOldGuy]

From your article, CBJ7:

The final Congressional Budget Office baseline deficit projection before Obama took office -- noted in table 5 in this January 2009 CBO report -- showed a fiscal year 2009 deficit of $1.19 trillion.

That figure doesn’t account for any of Obama’s own spending initiatives, such as the stimulus bill. But the deficit grew quickly under Obama: The fiscal 2009 deficit rose to $1.41 trillion and has remained above $1 trillion annually ever since.

But compared to what Obama inherited, the annual deficit has gone down slightly. CBO projects that for fiscal 2012, which has just ended, the fiscal 2012 deficit will be $1.09 trillion.

So, far from doubling the deficit, Obama (along with, it should be noted, some Republican help in Congress) has instead reduced the deficit by about 8 percent.

Because the deficit didn't go up quite as much as it was supposed to, it was lowered? Didn't Obama say he would reduce it by half? Even with these "magic numbers" the best he can say is he reduced it by 8%. Obama is a liar. You just proved that again, CBJ7. And you are quite the liar along with him, since you will defend ANYTHING he says or does.

The deficit is still adding more than a trillion dollars a year to our national debt. And you think that is a good thing? Pitiful, simply pitiful. Not only are you unable to comprehend the simplest concepts, you adopt and promote the most stupid and destructive concepts transmitted to you from the Great Obamatron. I don't know if there is a cure for Obamazombieism, but for your sake, I hope we find one.

[CJ7]

Originally Posted by CuteOldGuy

From your article, CBJ7:

The final Congressional Budget Office baseline deficit projection before Obama took office -- noted in table 5 in this January 2009 CBO report -- showed a fiscal year 2009 deficit of $1.19 trillion.

That figure doesn’t account for any of Obama’s own spending initiatives, such as the stimulus bill. But the deficit grew quickly under Obama: The fiscal 2009 deficit rose to $1.41 trillion and has remained above $1 trillion annually ever since.

But compared to what Obama inherited, the annual deficit has gone down slightly. CBO projects that for fiscal 2012, which has just ended, the fiscal 2012 deficit will be $1.09 trillion.

So, far from doubling the deficit, Obama (along with, it should be noted, some Republican help in Congress) has instead reduced the deficit by about 8 percent.

Because the deficit didn't go up quite as much as it was supposed to, it was lowered? Didn't Obama say he would reduce it by half? Even with these "magic numbers" the best he can say is he reduced it by 8%. Obama is a liar. You just proved that again, CBJ7. And you are quite the liar along with him, since you will defend ANYTHING he says or does.

The deficit is still adding more than a trillion dollars a year to our national debt. And you think that is a good thing? Pitiful, simply pitiful. Not only are you unable to comprehend the simplest concepts, you adopt and promote the most stupid and destructive concepts transmitted to you from the Great Obamatron. I don't know if there is a cure for Obamazombieism, but for your sake, I hope we find one.

$1.4 down to $1.0

youre as sharp at math as you are everything else arent you?

anyway, lets get something straight upfront .. do you "stand by" your comment?


and drop the man crush you have on me, I dont swing that way ... sorry your fluffer got banned, try IB

[Guest040616]

Originally Posted by CJ7

.. sorry your fluffer got banned, try IB

Too little, too late! I B Crying & Lying is already in a committed relationship with the Dude named Sam.

[Yssup Rider]

Not that there's anything wrong with it....

[Guest040616]

I see that Whirly has predicted a new "trending" line to amuse us!

Thanks Whirly, life would be boring without your entertainment!