Politics Trump's budget

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Shocking that balancing the budget means cutting spending. He's not touching medicare and social security, by far the two most massive government spending programs (a campaign promise).

Some of you act like we should continue racking up massive debts.

If we do, the interest on the debt will be bigger than medicare and social security and military spending.

Every one of your pet programs is in jeopardy when the government ultimately has to choose between paying the interest and paying out benefits. There will be only so much money to go around.
 
Denny Crane said:
Shocking that balancing the budget means cutting spending. He's not touching medicare and social security, by far the two most massive government spending programs (a campaign promise).

Some of you act like we should continue racking up massive debts.

If we do, the interest on the debt will be bigger than medicare and social security and military spending.

Every one of your pet programs is in jeopardy when the government ultimately has to choose between paying the interest and paying out benefits. There will be only so much money to go around.
Click to expand...

His budget calls for extensive cuts to both Medicare and social Security
 

Trump is using his negotiating tactics to set the table for the Dems to win a few, so he gets what he wants.
Below is a note from my Congressman Dem Peter DeFossio and what he wants.

I have introduced legislation with Senator Bernie Sandersto protect this vital program from future attempts to dismantle it while expanding benefits to better meet the needs of our nation’s seniors. My legislation, the Social Security Expansion Act, would:

  • Modify how the Social Security Administration calculates cost-of-living-adjustments for seniors by replacing the current COLA formula with a new Consumer Price Index for the Elderly (CPI-E) to factor in costs seniors traditionally face such as prescription drugs, utility bills and property taxes. If we had used CPI-E in 2017, seniors would have received a cost of living adjustment that was five times higher.
  • Close a tax loophole so that earned income over $250,000 is subject to the Social Security payroll tax. Social Security could pay its full promised benefits for the next sixty years if we asked all Americans to pay their fair share of FICA taxes. Millionaires should pay the same percentage of their salaries as average American workers.
  • Increase benefits for Social Security recipients by an estimated $65 a month according to the Social Security Administration.
  • Update the Special Minimum Benefit so more low income people qualify.
  • Apply a Social Security tax on investment income for high-income households.
Additionally, I reintroduced my legislation to protect the Social Security Trust Fund from attempts to artificially lower the massive federal deficit by preventing the federal government from raiding the Trust Fund. The bill returns the Trust Fund to its original purpose - delivering benefits to the American seniors who paid into it their entire lives.
 
MarAzul said:
Trump is using his negotiating tactics to set the table for the Dems to win a few, so he gets what he wants.
Below is a note from my Congressman Dem Peter DeFossio and what he wants.

I have introduced legislation with Senator Bernie Sandersto protect this vital program from future attempts to dismantle it while expanding benefits to better meet the needs of our nation’s seniors. My legislation, the Social Security Expansion Act, would:

  • Modify how the Social Security Administration calculates cost-of-living-adjustments for seniors by replacing the current COLA formula with a new Consumer Price Index for the Elderly (CPI-E) to factor in costs seniors traditionally face such as prescription drugs, utility bills and property taxes. If we had used CPI-E in 2017, seniors would have received a cost of living adjustment that was five times higher.
  • Close a tax loophole so that earned income over $250,000 is subject to the Social Security payroll tax. Social Security could pay its full promised benefits for the next sixty years if we asked all Americans to pay their fair share of FICA taxes. Millionaires should pay the same percentage of their salaries as average American workers.
  • Increase benefits for Social Security recipients by an estimated $65 a month according to the Social Security Administration.
  • Update the Special Minimum Benefit so more low income people qualify.
  • Apply a Social Security tax on investment income for high-income households.
Additionally, I reintroduced my legislation to protect the Social Security Trust Fund from attempts to artificially lower the massive federal deficit by preventing the federal government from raiding the Trust Fund. The bill returns the Trust Fund to its original purpose - delivering benefits to the American seniors who paid into it their entire lives.
Click to expand...

And you think this has a snowballs chance in hell? LOL
 
MickZagger said:
UPS management lost their health care benefits. The non-union side of things. Teamsters health care is still top notch, that won't be going anywhere anytime soon.
Click to expand...

Interesting point you make Mick, I guess I missed the first time around.
Yes, Obama exempted Unions from this scourge early, so they never had to worry. For the rest of us, it matters not that the tax may never be imposed, the damage was done by leaving the option to insure or not and the not became legal. Not much equal handed about Obama's dictatorship.

"Unions Get Big ObamaCare Christmas Present As Other Self-Insured Groups Get Scrooged

2. Under union pressure, the Cadillac Tax, a 40% tax on generous healthcare benefits was delayed to 2018 and may be scrapped altogether.

Even plans that are not hit by the 40% tax in 2018 soon could be. After all, the Cadillac tax is linked to the consumer price index plus 1%. Medical and insurance costs are growing far faster, so more and more plans will be hit with the 40% each year. A survey by Mercer anticipates that one-third of employers will be hit by the tax in 2018, growing to 60% by 2022. It could be worse still.

And this is just want we know so far. It could be far worse. The IRS has already showcased how incredibly complex this tax will be, setting out approaches to the excise tax. Of all the taxes in the ironically named Affordable Care Act, none is more onerous, a whopping 40% on top of all other federal taxes. It is an excise tax, one of the most dreaded taxes there is. Itsounds as if it taxes overly generous employer-provided health care plans for executives.

In reality, it seems likely to primarily hit union plans. Unions that have negotiated for generous health benefits may now wish they hadn’t. Across the board, the Cadillac tax puts pressure on employers to offer less-generous health insurance plans. The 40% tax is imposed on the cost of individual health plans above $10,200 for individuals and $27,500 for family coverage. The tax applies at a 40% rate on every dollar above those thresholds.

A reasonable response to the Cadillac tax is likely to be cutting of health insurance. Less generous coverage will presumably be provided. In large part, the result is likely to higher costs for employees, higher deductibles, and other add-ons that will harm employees. Doesn’t that go directly contrary to what proponents of the Affordable Care Act–including the President–represented? Like your plan, keep your plan?"
 
The budget has one purpose and one purpose only: a massive tax cut for the very rich. The same purpose as "Trumpcare" which knocks 23 million completely out of health insurance, drastically cuts others, but gives a tax cut to the rich.

Does anyone seriously think that getting rid of American Heart Association and Special Olympics will "make America great"? That abolishing National Endowment for the Humanities create millions of jobs? Or that getting arts and physical education out of schools and making it harder to go to college is how to defeat ISIS?

Bullshit. Tax cuts for the rich.
 
"knocks 23 million completely out of health insurance"

Most of them would choose to not pay for health insurance even under ObamaCare, if that was an option.
 
Denny Crane said:
"knocks 23 million completely out of health insurance"

Most of them would choose to not pay for health insurance even under ObamaCare, if that was an option.
Click to expand...
the real glaring problem with this is it would be 7,000,000 more than before Obamacare.
 
In broad terms, not covering poor people and allowing insurance companies to only insure healthy people will indeed reduce government spending and decrease insurance premiums.

barfo
 
Are Dems really going to vote against this one?

"Paid parental leave

Trump is calling for six weeks of national paid leave to be made available to new mothers and fathers, including those who adopt. The program -- which would cost somewhere between $19 billion and $25 billion over a decade -- would be administered through the unemployment insurance system.

Details of the proposal were scant ahead of the budget's release, but it appears to be an expansion of what Trump proposed on the campaign trail. Back then he would have made partial paid leave available only to working mothers whose employers didn't offer paid maternity leave."
 
barfo said:
In broad terms, not covering poor people and allowing insurance companies to only insure healthy people will indeed reduce government spending and decrease insurance premiums.

barfo
Click to expand...

upload_2017-5-25_11-6-58.png
 
MarAzul said:
Are Dems really going to vote against this one?

"Paid parental leave

Trump is calling for six weeks of national paid leave to be made available to new mothers and fathers, including those who adopt. The program -- which would cost somewhere between $19 billion and $25 billion over a decade -- would be administered through the unemployment insurance system.

Details of the proposal were scant ahead of the budget's release, but it appears to be an expansion of what Trump proposed on the campaign trail. Back then he would have made partial paid leave available only to working mothers whose employers didn't offer paid maternity leave."
Click to expand...

Do you really think Republicans are going to vote for that? It probably won't even come up for a vote (or be included in the overall spending bill).

barfo
 
barfo said:
Do you really think Republicans are going to vote for that? It probably won't even come up for a vote (or be included in the overall spending bill).

barfo
Click to expand...

I would. But the question was.... well, you can read it again.
 
MarAzul said:
I would. But the question was.... well you can read it again.
Click to expand...

You aren't a congresspeep, so you don't get a vote.

I answered your question. Dems are not going to vote against it - or for it. It's not going to come up for a vote.

barfo
 
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