Skip to main content

View Diary: CBO cut its deficit projection by $200 billion (46 comments)

Comment Preferences

  •  I seriously doubt ANY of the savings accounted for (1+ / 0-)
    Recommended by:

    in that have anything to do with the Fabulous Sequester.

    CBO’s estimate of the deficit for this year is about $200 billion below the estimate that it produced in February 2013, mostly as a result of higher-than-expected revenues and an increase in payments to the Treasury by Fannie Mae and Freddie Mac. For the 2014–2023 period, CBO now projects a cumulative deficit that is $618 billion less than it projected in February. That reduction results mostly from lower projections of spending for Social Security, Medicare, Medicaid, and interest on the public debt.
    We have been lied to and lied to and lied to about this whole circus: there is no real debt problem; all our problems are artificial, created by politicians and other criminals and they can be rectified faster than the Congress fixed their wait for an airplane.

    We are being carjacked.

    I dream of Americans figuring this out and then taking the appropriate action (which one sees in other countries LONG before the shit we are tolerating)

    Those people are not sitting around and wasting time waiting to vote. They are in the street and making demands. They are acting up. That is how governments get pressured.

    America politicians are just too comfortable and insulated.

    •  We must be a long way from that though, (0+ / 0-)

      since we have frequent national elections (every 2 years) and about half the voters are still voting for Republicans. I'd say we are nowhere close to the majority of the country not only despising the GOP, but willing to conduct general strikes against their policies. Let's face it, about half the people in the country are okay with cutting budgets and lowering the tax "burden" on the rich.

      •  depressing beyond belief. (0+ / 0-)

        The process in motion via the GOP and with all the Kabuki support from the dems that I am supposed to feel over-fucking-joyed to have there is going to reach its fruition.

        The idea we will work and make a little money, put it in the bank and 'retire' is not going to be there for me or a lot of people who are just oblivious to this.

        30 years from now, I'll be 82 and hearing people say shit like "I wish we knew the republicans intended to wreck the country and give it to the rich, I would have done something".

        I'll be saying "Yeah, some of us saw it clearly, coming a long way off. We tried to warn people but they were irritated by this and complained that we were interrupting a tv program called "American Idol", a psy-op program of the NSA that was quite effective in dulling the nation IQ enough that people voted against their own interests time and time again. They VOTED themselves into the hellhole this country has become.

        Better we descend into squalor and poverty then break the law now. We should not break the law.

Subscribe or Donate to support Daily Kos.

  • Recommended (148)
  • Community (68)
  • Elections (34)
  • Media (33)
  • Trans-Pacific Partnership (31)
  • Environment (30)
  • 2016 (29)
  • Culture (29)
  • Law (29)
  • Civil Rights (28)
  • Barack Obama (25)
  • Science (25)
  • Hillary Clinton (24)
  • Climate Change (23)
  • Republicans (23)
  • Labor (23)
  • Economy (20)
  • Marriage Equality (19)
  • Josh Duggar (19)
  • Jeb Bush (18)
  • Click here for the mobile view of the site