What will the teabaggers do now? I would love it if they had to march on Washington D.C. to get their checks.
In an interview with CBS Evening News, President Obama says he can’t guarantee Social Security checks will go out Aug. 3rd if a debt-ceiling deal is not reached by the Aug. 2nd deadline.
Threatening old peoples’ Social Security is ice-cold, but Obama doesn’t really have any other choice; just this morning, John Boehner said the debt ceiling was President Obama’s problem. (Presumably, Boehner is too busy creating jobs to worry himself with the debt limit).
These fucking budget talks make me want to beat myself over the head with a brick. Congress is awful.
O Snap, Barry! You bringin’ out the big guns now, son! Those old people need to pull themselves up by their bootstraps anyway and quit relying on hard-working and over-taxed Republicans to support their lazy old asses.
Wonder if the armies of useless bureaucrats and staffers will still get paid.
Thought so.
I really would like to see all government spending cease for like two weeks. Just long enough for these dick holes see the kind of country they think they want.
so how about this. Since we are drowning in debt why don’t we stop for five minutes giving billions of dollars in foreign aide. If you have no money for yourself how can you have money for others
Everyone has their little pet spending project that they’d like to see die – like foreign aid – yet nobody realizes that none of this is even a drop in the ocean of spending. The problem isn’t the spending, it’s the revenue. Remember those trillion dollar tax cuts the Republicans passed when they controlled government? This is them trying to have it both ways, give money away by killing the revenue and then when the Democrats get back in power they start screaming about the deficits, and simultaneously refuse to budge on rolling back any of the frivolous tax cuts that caused the problem in the first place.
guspasho there are billions in non-revenue generating areas of the government at every level that could be cut before taxes would have to be increased.
I predict it will be a mix of both.
@ thebeav, the US gives some of the least amount of money, as a percentage of GDP, when compared to just about any other wealthy nation. Try googling “us foreign aid as a percentage of gdp” before you spout off some more nonsense.
Also, US foreign aid almost entirely serves to promote the goals of US foreign policy – we don’t just mail out gift baskets of cash randomly.
There isn’t a debt problem. There’s a tax problem.
http://www.americanprogress.org/issues/201…
Yes…because social security has been bone dry for years and is SOLELY funded by fiat funny money.
1. Social Security works if you have people running it that want it to work. Germany has had it since fucking Bismark, and they’ve had a crisis or two since then.
2. Social Security does well enough that the Treasury Department “borrows” surpluses in the Social Security trust funds for use across the federal government.
3. Funding is the issue. There’s a cap in paying more than $100,000 a year to Social Security. Bill Gates, and other bajillionairs, pays Social Security taxes like he only makes $100,000 a year.
1. Tax the rich
2. Abolish the Federal Reserve
3. Eliminate corporate “personhood”
4. Cut defense budget by minimum of 50%
5. …
6. Profit?