• Same story, different day...........year ie more of the same fiat floods the world
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chips are on the table and tramp chimps out

Scorpio

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#1
note how it states large increases for defense, as well as massive overall increases with support from WH

in a year, not one .gov dept axed

not one program deleted,

not one major emphasis toward .gov spending

hand in the cookie jar and gorging himself as the grand pooh bah

---------------------------

Big budget deal in Senate hailed as 'genuine breakthrough'

2 / 4


Associated Press

ANDREW TAYLOR , Associated Press 3 hrs ago


WASHINGTON (AP) — Senate leaders announced Wednesday they have sealed agreement on a two-year budget pact that would shower the Pentagon and domestic programs with almost $300 billion above existing limits, giving wins to both GOP defense hawks and Democrats seeking billions for infrastructure projects and combatting opioid abuse.

The agreement is likely to be added to a stopgap spending bill that passed the House on Tuesday, aimed at averting a government shutdown Thursday at midnight. Democratic leader Chuck Schumer of New York called the Senate agreement "a genuine breakthrough."

The White House announced its support despite huge increases for domestic programs sought by President Donald Trump's Democratic rivals.

"This bill achieves our top priority, a much needed increase in funding for our national defense," said White House Press Secretary Sarah Huckabee Sanders. "The bottom line is that thanks to President Trump we can now have the strongest military we have ever had."

However, it would not resolve the plight of immigrant "Dreamers" who face deportation after being brought to the U.S. illegally as children. As the Senate leaders were announcing their agreement, Minority Leader Nancy Pelosi of California was holding the floor in the House, declaring she would oppose the measure unless her chamber's GOP leaders promised a vote on legislation to protect the younger immigrants.

That introduced doubts as to whether the plan could pass in House, where prominent GOP conservatives are also opposed to the higher spending.

The Senate agreement also contains almost $90 billion in overdue disaster aid for hurricane-slammed Texas, Florida and Puerto Rico. That would bring the total appropriated for disaster aid in the wake of last year's disastrous hurricane season to almost $140 billion.

The agreement would increase the government's borrowing cap to prevent a first-ever default on U.S. obligations that looms in just a few weeks. The debt limit would be suspended through March of 2019, Sanders said, putting the next vote on it safely past this year's midterm elections.





The House Tuesday passed legislation to keep the government running through March 23, marrying the stopgap spending measure with a $659 billion Pentagon spending plan, but the Senate plan would rewrite that measure.

Senate Democratic leaders have dropped their strategy of using the funding fight to extract concessions on immigration, specifically on seeking extended protections for the "Dreamer" immigrants. Instead, Senate Minority Leader Schumer, D-N.Y., went with a deal that would reap tens of billions of dollars for other priorities while hoping to solve the immigration impasse later.

The budget agreement would give both the Pentagon and domestic agencies relief from a budget freeze that lawmakers say threatens military readiness and training as well as domestic priorities such as combating opioid abuse and repairing the troubled health care system for veterans.

The core of the agreement would shatter tight "caps" on defense and domestic programs funded by Congress each year. They are a hangover from a failed 2011 budget agreement and have led to military readiness problems and caused hardship at domestic agencies such as the Environmental Protection Agency and the IRS.

The agreement would give the Pentagon an $80 billion increase for the current budget year for core defense programs, a 14 percent increase over current limits that exceeds Trump's budget request by $26 billion. Nondefense programs would receive about $60 billion over current levels. Those figures would be slightly increased for the 2019 budget year beginning Oct. 1.

"For the first time in years, our armed forces will have more of the resources they need to keep America safe," said Majority Leader Mitch McConnell, R-Ky. "It will help us serve the veterans who have bravely served us. And it will ensure funding for important efforts such as disaster relief, infrastructure, and building on our work to fight opioid abuse and drug addiction."

Trump's budget last year proposed a $54 billion increase for defense, proposing to slash nondefense accounts by the same amount.

Pelosi took to the House floor for more than three hours, and said she would oppose that almost-completed budget pact even though it would boost funding for many domestic priorities favored by Democrats. She declared the agreement "does not have my support, nor does it have the support of a large number of members of our caucus."

Pelosi said the House should debate immigration legislation and noted that Senate Republicans have slated a debate on the politically freighted subject starting next week. At issue is legislation to address the dilemma of immigrants left vulnerable by Trump's move to end former President Barack Obama's Deferred Action for Childhood Arrivals program, or DACA.

"Let Congress work its will," Pelosi said. "What are you afraid of?"

Rep. Nanette Barragan, D-Calif., a member of the Congressional Hispanic Caucus, said the Latino community thinks Senate Democratic leaders have "turned their back."

But other Democrats said their party in the House may simply not have the leverage to force a DACA solution on conservative Republicans controlling that chamber.

"DACA's important and it ought to get done. But what's the path?" said Rep. Adam Smith, D-Wash.

Schumer said the plan would contain $20 billion dedicated to infrastructure such as highways and bridge construction and repair, water and wastewater projects, and rural broadband.

There's also $4 billion for construction for veterans hospitals and clinics, $6 billion to fight the opioid crisis and fund mental health programs, and $4 billion for college aid.

Schumer also touted the creation of a special committee that would try to solve a looming shortfall in union pension plans sought by Democrats from Ohio, Wisconsin, West Virginia, and other states.

https://www.msn.com/en-us/news/poli...as-genuine-breakthrough/ar-BBINrQX?li=BBnb4R7
 

Someone_else

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#2
Nancy Pelosi of California was holding the floor in the House, declaring she would oppose the measure unless her chamber's GOP leaders promised a vote on legislation to protect the younger immigrants.
"No problem. We will certainly have a vote on that."
 

gnome

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#3
Nearly doubled borrowing?!!

http://www.chicagotribune.com/news/...ct-spending-debt-analysis-20180203-story.html


Analysis:
Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
Donald Trump's first full year in charge of the budget.

That's almost double what the government borrowed in fiscal year 2017.

Here are the exact figures: The U.S. Treasury expects to borrow $955 billion this fiscal year, according to a documents released Wednesday. It's the highest amount of borrowing in six years, and a big jump from the $519 billion the federal government borrowed last year.

Treasury mainly attributed the increase to the "fiscal outlook." The Congressional Budget Office was more blunt. In a report this week, the CBO said tax receipts are going to be lower because of the new tax law.

The uptick in borrowing is yet another complication in the heated debates in Congress over whether to spend more money on infrastructure, the military, disaster relief and other domestic programs. The deficit is already up significantly, even before Congress allots more money to any of these areas.

"We're addicted to debt," says Marc Goldwein, senior policy director at Committee for a Responsible Federal Budget. He blames both parties for the situation.

What's particularly jarring is this is the first time borrowing has jumped this much (as a share of GDP) in a non-recession time since Ronald Reagan was president, says Ernie Tedeschi, a former senior adviser to the U.S. Treasury who is now head of fiscal analysis at Evercore ISI. Under Reagan, borrowing spiked because of a buildup in the military, something Trump is advocating again.

Trump didn't mention the debt — or the ongoing budget deficits — in his State of the Union address. The absence of any mention of the national debt was frustrating for Goldwein and others who warn that America has a major economic problem looming.


"It is terrible. Those deficits and the debt that keeps rising is a serious problem, not only in the long run, but right now," Harvard economist Martin Feldstein, a former Reagan adviser, told Bloomberg.

The White House got a taste of just how problematic this debt situation could get this week. Investors are concerned about all the additional borrowing and the likelihood of higher inflation, which is why the interest rates on U.S. government bonds hit the highest level since 2014. That, in turn, partly drove the worst weekly sell-off in the stock market in two years.

The belief in Washington and on Wall Street has long been that the U.S. government could just keep issuing debt because people around the world are eager to buy up this safe-haven asset. But there may be a limit to how much the market wants, especially if inflation starts rising and investors prefer to ditch bonds for higher-returning stocks.

"Some of my Wall Street clients are starting to talk recession in 2019 because of these issues. Fiscal policy is just out of control," says Peter Davis, a former tax economist in Congress who now runs Davis Capital Investment Ideas.

The Federal Reserve was also buying a lot of U.S. Treasury debt since the crisis, helping to beef up demand. But the Fed recently decided to stop doing that now that the economy has improved. It's another wrinkle as Treasury has to look for new buyers.

Tedeschi, the former Treasury adviser to the Obama administration, calls it "concerning, but not a crisis." Still, he says it's a "big risk" to plan on borrowing so much in the coming years.

Trump's Treasury forecasts borrowing over $1 trillion in 2019 and over $1.1 trillion in 2020. Before taking office, Trump described himself as the "king of debt," although he campaigned on reducing the national debt.


The Committee for a Responsible Federal Budget predicts the U.S. deficit will hit $1 trillion by 2019 and stay there for a while. The latest borrowing figure - $955 billion - released this week was determined from a survey of bond market participants, who tend to be even faster to react to the changing policy landscape and change their forecasts.

Both parties claim they want to be "fiscally responsible," but Goldwein says they both pass legislation that adds to the debt. Politicians argue this is the last time they'll pass a bill that makes the deficit worse, but so far, they just keep going.

The latest example of largesse is the GOP tax bill. It's expected to add $1 trillion or more to the debt, according to nonpartisan analysis from the Joint Committee on Taxation (and yes, that's after accounting for some increased economic growth).

But even before that, Goldwein points to the 2015 extension of many tax cuts and the 2014 delays in Medicare reimbursement cuts.

"Every time you feed your addiction, you grow your addiction," says Goldwein.
There doesn't seem to be any appetite for budgetary restraint in Washington, but the market may force Congress' hand.

[/QUOTE]
 

Hystckndle

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#6
Smaller .gov ? Never believed it.
Smaller budget, never believed it.
Its a debt backed system.
Its not gonna get paid back.
Growth is predicated on its expansion.
Its a Battlestar Galactica. Waiting for a direct hit.
My theory,
Real assets, no leverage , hold on,
Live some life.
What elese to do ?
Ohhh...watch the show...
All good...at least thats todays theory :)
Regards to all,
 

Cigarlover

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#8
How do I gets me some of dat monies?
Not sure how it works but medicaid is like 30% fraud and there's 174 billion in overpayments built into the budget. Then there was a report last week that OD can't account for 800 billion again. Not sure how much that adds up to over the last 15 years though. There's so much they can't account for I have lost track.
 

gringott

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#10
I've reached a point where I really don't give a flying whatever about the debt.
What can't be paid, will not be paid. Just don't be a bagholder when it collapses I guess.
The race is on, do I die first or the country go broke first?

Giant meteor, where the heck are you?
 

Thecrensh

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#11
He's kind of distracted by a number of issues. You don't just waltz in an axe the Department of ____....you have to phase it out or prove that it's not worth spending $XXX B per year to fund.
 

Area51

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#12
Can't wait to hear the resident Apologists for Trump Almighty try and spin this one positive and all part of the "master plan" soon to unfold.

Continuing to waste even more money on the military...continuing to run the astronomical debt to even higher levels...continuing to keep the overbloated government in place...this will definitely make America great again, no?

Amazing how many naive suckers were duped so badly by the hollow barking of Trump Almighty. Dumb fucking sheep.
 

GOLDBRIX

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#13
Pelosi took to the House floor for more than three hours, and said she would oppose that almost-completed budget pact even though it would boost funding for many domestic priorities favored by Democrats. She declared the agreement "does not have my support, nor does it have the support of a large number of members of our caucus."

Since when do pissant Congressmen get to FILIBUSTER in the House ?
Reps in Congress do not have the privileges to filibuster that is reserved to the Senate.

Every cuckold Representative that was present during that session AND let it go on should be recalled by their districts. ONLY People who have at least a modicum of intelligence in Congressional procedures and WILLING to stand for their people and NOT their party should be in office.

What a bunch of F'n B.S.
 

gliddenralston

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#14
And to top it off our emperor wants a 21 million dollar military parade, so he can
proclaim his parade bigger and better than Kim Jong-un's parade.
 

FunnyMoney

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#15
Not sure how it works but medicaid is like 30% fraud and there's 174 billion in overpayments built into the budget. Then there was a report last week that OD can't account for 800 billion again. Not sure how much that adds up to over the last 15 years though. There's so much they can't account for I have lost track.
THere's no way to ever figure that out exactly, because the office which was investigating where all the lost money went was hit by a jumbo jet, which mysteriously made itself 70% smaller prior to impact and then disappeared.
 

DodgebyDave

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#16
just 21m? If I had my way the parade would be led by 21 XB70's

 

newmisty

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#17

newmisty

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#18

DodgebyDave

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#19
Right? I'd expect a little more pizzazz myself.
at mach 1.5, about 50ft agl, with metallica playing "Fuel" at 140 db. Close enough?
 

newmisty

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#20
Yeah that ought to get the juices flowin'! The xp70's should definitely be gold plated though. I'd want to get Mustaine and Newsted on stage too.
 

itsamess

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#21
Can't wait to hear the resident Apologists for Trump Almighty try and spin this one positive and all part of the "master plan" soon to unfold.

Continuing to waste even more money on the military...continuing to run the astronomical debt to even higher levels...continuing to keep the overbloated government in place...this will definitely make America great again, no?

Amazing how many naive suckers were duped so badly by the hollow barking of Trump Almighty. Dumb fucking sheep.
I love these idealists that offer no real answers to make things actually happen. Yes bring everyone home and then it will all be better. BS. Next we will hear if Ron Paul got in it would all be different, well guess what he sucked at what counts implementation. How many years in congress and what? Audit the FED, no wait that didn't happen either.
 

FunnyMoney

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#22
I love these idealists that offer no real answers...
... Ron Paul ... How many years in congress and what? Audit the FED, ... didn't happen...
There were 434 other members of CONgress who were bought and paid, many of them traitors. Look at their salaries and insider deals and then look at the pay RP took.

He was one person who took on: 434 other politicians plus a traitors as POTUS; the CB owners of the world; and the MIC - all at the same time!

Let's hear your solutions.



note how it states large increases for defense, as well as massive overall increases with support from WH

in a year, not one .gov dept axed
not one program deleted,
not one major emphasis toward .gov spending

hand in the cookie jar and gorging himself as the grand pooh bah....
Making America Great Again - but first making it worse.
 
Last edited:

the_shootist

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#23
There were 434 other members of CONgress who were bought and paid, many of them traitors. Look at their salaries and insider deals and then look at the pay Donald Trump is taking.

Trump is but one person who takes arrows on a daily basis from 434 other politicians plus a traitors as the FBI and the CIA ; the CB owners of the world; and the MIC - all at the same time!

Let's hear your solutions, smart guy.



"Making America Great Again - but first making it worse."
Right back atcha tough guy!!!
 

Area51

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#24
I love these idealists that offer no real answers to make things actually happen. Yes bring everyone home and then it will all be better. BS. Next we will hear if Ron Paul got in it would all be different, well guess what he sucked at what counts implementation. How many years in congress and what? Audit the FED, no wait that didn't happen either.

I've explained numerous times how to make this happen, but for your benefit I'll reiterate.

First step is to pull ALL military personnel back to America and call off the fabricated "wars" - - and tell the military contracting companies to FRO. Who would complain or object to the commander in chief announcing the boys are coming home? The hundreds of millions being pissed away guarding poppy fields would be MUCH better spent in America on the crumbling infrastructure. Instead, Trump Almighty - - a proven chicken hawk coward - - throws even more money at the useless military that can't manage to subdue a dinkified little militia of a third world shithole.

Step number two? Quit running a fucking defecit. Trump Almighty is supposed to be a brilliant businessman - - why is it so difficult for him to balance the budget? Maybe this explains why his businesses have gone bankrupt.

Next step is to get the medicare spending under control. America is the only country in the civilized world that doesn't have universal health care - - yet they spend far more per capita than any other country. And people are STILL being subjected to financial ruin because of medical expenses. It's a shameful embarrassment.

I won't even get into the debacle of the fed or the worthless scraps of paper backed by NOTHING but still passed off as currency. If Trump Almighty could ever manage to implement those three basic steps, I'd be the first to acknowledge him as the greatest president of the past century.
 

gnome

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#27
 

itsamess

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#29
I've explained numerous times how to make this happen, but for your benefit I'll reiterate.

First step is to pull ALL military personnel back to America and call off the fabricated "wars" - - and tell the military contracting companies to FRO. Who would complain or object to the commander in chief announcing the boys are coming home? The hundreds of millions being pissed away guarding poppy fields would be MUCH better spent in America on the crumbling infrastructure. Instead, Trump Almighty - - a proven chicken hawk coward - - throws even more money at the useless military that can't manage to subdue a dinkified little militia of a third world shithole.

Step number two? Quit running a fucking defecit. Trump Almighty is supposed to be a brilliant businessman - - why is it so difficult for him to balance the budget? Maybe this explains why his businesses have gone bankrupt.

Next step is to get the medicare spending under control. America is the only country in the civilized world that doesn't have universal health care - - yet they spend far more per capita than any other country. And people are STILL being subjected to financial ruin because of medical expenses. It's a shameful embarrassment.

I won't even get into the debacle of the fed or the worthless scraps of paper backed by NOTHING but still passed off as currency. If Trump Almighty could ever manage to implement those three basic steps, I'd be the first to acknowledge him as the greatest president of the past century.
Step one Can we say ISIS today versus 2016 - some real results versus excuses with regard to the sandbox.

Two, Trump has already addressed taking on over priced prescriptions for Americans, which he will do versus Bushes Medicare script crap which blew up medicare even more. Again he has had one year versus eight. Also screw universal death care- no country likes it. So what is wrong with open borders for insurers to at least address competition to reduce costs. That would be a business persons approach versus government intervention.

The deficit is a whole nother matter and right now I suspect Trump is bigger on the military for obvious reasons like insurance against the deep state games. As Chuckie Schumer mentioned "Let me tell you, you take on the intelligence community, they have six ways from Sunday at getting back at you,". Screw with the supported Marines and they will bury you.



So one year in and end the FED is Trumps
 

Area51

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#30
Step one Can we say ISIS today versus 2016 - some real results versus excuses with regard to the sandbox.

Two, Trump has already addressed taking on over priced prescriptions for Americans, which he will do versus Bushes Medicare script crap which blew up medicare even more. Again he has had one year versus eight. Also screw universal death care- no country likes it. So what is wrong with open borders for insurers to at least address competition to reduce costs. That would be a business persons approach versus government intervention.

The deficit is a whole nother matter and right now I suspect Trump is bigger on the military for obvious reasons like insurance against the deep state games. As Chuckie Schumer mentioned "Let me tell you, you take on the intelligence community, they have six ways from Sunday at getting back at you,". Screw with the supported Marines and they will bury you.



So one year in and end the FED is Trumps

ISIS? You must be referring to the self inflicted false flags. Please don't humiliate yourself by evoking that laughable bullshit about the ISIS boogeyman.

Are you one of those naive jackassasses who still thinks two planes took down three skyscrapers? Hurr durr, fight terror!

That's almost as comical as your comment about trusting insurance companies to "address competition to reduce costs". Per capita health care spending is an absolute debacle and there's as much chance of Trump Almighty getting it under control as there is for him to build the Great Wall of Mexico or put the Clintons in prison.

But feel free to continue living in your dream world, my friend.
 

FunnyMoney

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#31
Right back atcha tough guy!!!
Don't tell me the POTUS is just like any other member of congress. Not even close. Plus it was Trump who suggested to increase the MIC budget. So why are we debating who can accomplish more between RP in congress and DJT as POTUS, when Trump's not even headed in the right direction on that issue? He's the commander as well, CONgress isn't even required on the RP prior agenda item we were discussing, that I was responding about. 3 strikes your out.
 

the_shootist

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#32
Don't tell me the POTUS is just like any other member of congress. Not even close. Plus it was Trump who suggested to increase the MIC budget. So why are we debating who can accomplish more between RP in congress and DJT as POTUS, when Trump's not even headed in the right direction on that issue? He's the commander as well, CONgress isn't even required on the RP prior agenda item we were discussing, that I was responding about. 3 strikes your out.
Yeah, too bad RP didn't have the balls to see his campaign through to the end. By your own admission, as POTUS he could have effected huge changes in this country but he flamed out. Still, he says a great many things but he's actually accomplished nothing tangible. He's another Alex Jones!
 

Buck

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#33
The divisiveness here, tells me the communists are still winning in the realm of ideology

I'm still trying to figure out where the debilitating idea of, having a perfect human being as our leader, came from
 

gringott

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#34
Rand Paul didn't "flame out" or anything else.
When it was obvious he did not have a chance, it was time to quit, save money and effort.

He would have been an idiot to continue in his Presidential run, IMHO.

He just last night got more national attention exposing the Statist or UniParty than his father ever got. He has a soapbox and he is using it. I don't see the problem.
Why, oh why, can't the critics on the right/libertarian/liberty side elect their own Rand Pauls or similar? Great at attacking, useless in changing things.

I wish every critic would post who their Senators and Congressman is, so I can laugh out loud.

Kentucky has one of the best national representative groups, despite Mitch McConnell the Decepti-Con.
 

gringott

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#35
The divisiveness here, tells me the communists are still winning in the realm of ideology

I'm still trying to figure out where the debilitating idea of, having a perfect human being as our leader, came from
It comes from the MSM - if they are against a person, all flaws real or imagined are exposed.
If they are for a person, everything about that person is glorified, all flaws are hidden or deined.
 

newmisty

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#36
The divisiveness here, tells me the communists are still winning in the realm of ideology

I'm still trying to figure out where the debilitating idea of, having a perfect human being as our leader, came from
TV
 

itsamess

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#38
ISIS? You must be referring to the self inflicted false flags. Please don't humiliate yourself by evoking that laughable bullshit about the ISIS boogeyman.

Are you one of those naive jackassasses who still thinks two planes took down three skyscrapers? Hurr durr, fight terror!

That's almost as comical as your comment about trusting insurance companies to "address competition to reduce costs". Per capita health care spending is an absolute debacle and there's as much chance of Trump Almighty getting it under control as there is for him to build the Great Wall of Mexico or put the Clintons in prison.

But feel free to continue living in your dream world, my friend.
Talk about dream world - beam me up Scottie. Area 51 indeed. Again you offer no REAL WORLD solutions but just criticize as a troll is supposed to do I guess. If your candidates were so good they would be able to GET IN as Potus, no matter the odds. Again implementation versus worthless whining. So post some real stuff for the real world versus whining and name calling. Not to mention personal attacks on GIM are Vorboten as well as juvenile and GIM is a nice place.
 
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Po'boy

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#39
We may as well blow it up and start over! I'm becoming bored![/QUOTE]
Already in the works!
Stocks will continue to slide down is my guess.

Bills are due and the drunkenly sailors are going shopping.

 

FunnyMoney

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#40
...Again you offer no REAL WORLD solutions but just criticize as a troll ....
He did offer REAL WORLD solutions. The majority of Americans are against the wars overseas and against increasing the MIC budget (which we wouldn't need to do if we stopped fighting wars overseas).

The commander of the armed forces doesn't even need congress to make the change. He would just need to tell the American people in a live address to the nation and then just do it. What is not REAL WORLD about that? Tell me how that is so complicated?