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View Diary: Social Security: Debt Limit, Trust Funds, Unfunded Liability (28 comments)

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  •  They just don't want to pay for 2 unfunded wars (1+ / 0-)
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    and giving tax cuts that the budget and debt didn't really allow for... So after interest piles up there are some serious medicine to take and they want thoe whose contributions they used for thier own purposes to let them scamper away with thier money.  I see someone who is really wealthy and contributes to regressives  I think how many elderly are you planning to starve so you can have another yacht or another mansion on thier money. Predators of the worst sort, the kind who take down prey just t leave it rot.

    Fear is the Mind Killer...

    by boophus on Sat Jan 05, 2013 at 09:21:14 AM PST

    •  Shh...Nobody talks about those unfunded wars... (2+ / 0-)
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      winsock, Bruce Webb

      Even though one is still ongoing, at a monetary cost that is "Difficult to Evaluate" but significant, especially when there are continued demands for cuts to social programs, but no equally forceful demands for cuts in war spending.

      ...The fact remains, however, that if the CRS and OMB figures for FY2001-FY2013 that follow are totaled for all direct spending on the war, they reach $641.7 billion, of which $198.2 billion – or over 30% – will be spent in FY2012 and FY2013. This is an incredible amount of money to have spent with so few controls, so few plans, so little auditing, and almost no credible measures of effectiveness...

      Last year Brown University calculated the costs for our decade long wars to be at least $3.7 Trillion and Counting.

      Part of the reason it's so "difficult" to calculate the real amount spent on the past and present ongoing war(s) is that in addition to the official direct war spending appropriated by Congress, the Pentagon spent an additional unknown amount  from its $5.2 trillion base budget over that same period.

      That's an insanely huge amount to pay for something that shows "No credible measures of effectiveness..." and for something that is needlessly killing untold numbers of civilians and American and NATO soldiers--(many of the military deaths coming at the hands of our "allies")  Yet, it goes on and on--and few, if any, of our Deficit Hawks utter a word about stopping this totally unnecessary drain on our budget.

      •  Exactly Not one peep from the deficit hawks. (1+ / 0-)
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        Of course these same deficit hawks haven't got a bit of problem with the regressives running up huge debt and taking away from US citizens as long as thier pockets are filling up.

        Fear is the Mind Killer...

        by boophus on Sat Jan 05, 2013 at 01:04:58 PM PST

        [ Parent ]

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