Showing posts with label balanced budget. Show all posts
Showing posts with label balanced budget. Show all posts

Thursday, March 14, 2013

Obvious: Nancy Pelosi's idea of a time frame to balance budget is decades...

Did Pelosi say decades? She actually meant centuries...
(CNSNews.com) – House Minority Leader Nancy Pelosi (D-Calif.) said on Thursday that she would like to see a balanced budget, “in a number of decades.”
During her weekly press conference on Capitol Hill, CNSNews.com asked Pelosi if she agreed with President Barack Obama’s recent remarks that America does not have an “immediate” debt crisis. The U.S. debt as of Wednesday stands at $16.7 trillion.
“Well, I believe that we’re on a path to reduce the deficit,” Pelosi said. “And I would say that—count me as one who would say I want us to be on a path to balance the budget in a number of decades.”

Monday, March 11, 2013

Jay Carney: Obama not interested in balanced budget...

According to Carney, Obama wants a  "fiscally sustainable path" instead of a balanced budget. What the heck does that mean?

Via Politico:
White House press secretary Jay Carney on Monday signaled that President Obama is not looking to balance the federal budget but rather to decrease the amount the country borrows each year while fostering economic growth.
“The broader effort underway here is to try to through the budget process achieve a compromise that allows for both entitlement reform and tax reform that produce the savings necessary to achieve that $4 trillion-plus targeted for 10 years of deficit reduction, to put our economy on a fiscally sustainable path, and that is the president’s goal – deficit reduction large enough to put our economy on a fiscally sustainable path so that the ratio of debt to GDP is below 3 percent in a period of time that would allow, concurrently through investments and other policy decisions, allow the economy to grow,” Carney said at a press briefing Monday.
Pressed on whether the president would present a balanced budget this year or if balancing it was a goal, Carney said he would not detail what will be in the budget proposal and pointed to previous budgets as an example of what to expect.
“The president’s budget will achieve what it has in the past, which is through sensible, balanced deficit reduction, to bring our deficit and debt into a place where we are on a fiscally sustainable path,” he said.

Thursday, July 21, 2011

New Poll: 66 Percent Support Republican’s Cut, Cap And Balance Plan


It should be obvious that the vast majority of Americans want our government to make cuts and balance the budget. Somehow, President Obama and democrats just don't get it.
(Washington Examiner) — CNN just released a poll of 1,000 Americans showing overwhelming support for the House Republican approach to the debt limit crisis. Specifically, 66 percent of Americans favor a deal where both houses of Congresses pass a balance budget amendment, and substantial cuts and caps on future spending, in exchange for a debt limit hike.
As a stand alone measure 74 percent of Americans favor a constitutional amendment to require a balanced federal budget. And 60 percent of Americans believe a balanced budget amendment is necessary to get federal deficits under control.
The poll is not all bad news for President Obama. Sixty-six percent of Americans do support a plan to cut four trillion dollars in government spending and raise taxes as part of a debt limit hike.

Flashback Video: 20 Democrats Support a Balanced Budget Amendment

I doubt a single democratic Senator will vote for Cut, Cap and Balance with Obama in office.