A tax cut isn't spending..
Moronic right wing twaddle. It doesnt matter if it is spending or not, it adds to the debt, dont believe me, quit your job, suddenly all of your bills are unfunded liabilities. Plus since we already had 5,8 trillion in debt when bush gave us those tax cuts it IS SPENDING.. because when we dont pay off our debt or at the very very least, pay off the interest of our debt, like clinton did a year before.. WHAT HAPPENS? IT FUCKING GOES UP.. LEAVING US WITH A LARGER PAYMENT. Our interest payments were about 200billion in 2000, they are closer to 400 billion right now and our 3rd biggest payment in ten years they are due to be our biggest payment and we dont get shit for that.
Also some of Obama's additions to spending are recurring, like health reform spending
NO.. more right wing twaddle.
See medicare plan D which is NOT means tested and which is extremely expensive due to the no negotiations clause.. WAS TOTALLY UNFUNDED. this is why it appears on the chart. IT adds 100% of it;s cost to our deficit and then to our debt.
HCR WAS FUNDED.. mainly by cutting the crazy 12% extra we give to private companies to make medicare advantage look better than medicare the government provides.. now they will have to play with the same funding as the gov, and we will find out soon that a profit based medicare DOES NOT beat the non profit based medicare that the gov provided. He also taxes the expensive insurance plans, and he reduced medicaid and medicare growth and instituted regional based medicare reimbursement to doctors. Reducing payments to those living in low cost of living areas.
It is going to add about 10 billion a year to our debt, compared to 100 billion for bush;s perscription drug program, but that is why the charts look the way they do.. ONE WAS FUCKING FUNDED and ONE WAS FUCKING NOT.
