$78.5 billion in cuts

[Ramulux]

What an amazing democratic victory. I'm so proud of Obama, I hope that one day I can be a master negotiator like him.

[anarch]

1. well, as long as the tax cuts for the rich stayed in there

and the deregulation of industry, b/c that's what's really important for saving our country.

[Hannah Bell]

17. yeah, the rich need those tax cuts to keep the economy (of china) going,

but the poor can eat dirt. they have nothing to do with "the economy" which apparently means the bogus values of the stock market.

[snappyturtle]

2. Please don't run for office and campaign for change we can believe in. nt

[onehandle]

3. Hey, we kept them from $21.5 billion in cuts.

Anything less than total capitulation is a win for this White House.

[tridim]

4. You're really blaming all of this teabagger crap on Obama?

BLAME THE FUCKING TEABAGGERS.

[democracy1st]

6. nope the buck stops with the pres and his wall st cronies!

[frylock]

13. really?

[Change has come]

15. LOL

Would that be pragmatic? GO TEAM BLUE!!!! :dem:

[Pryderi]

5. Actually it's $178.5 billion in cuts.

http://firstread.msnbc.msn.com/_news/2011/04/08/6436913... -

In a joint statement, Boehner and Reid said:

“We have agreed to an historic amount of cuts for the remainder of this fiscal year, as well as a short-term bridge that will give us time to avoid a shutdown while we get that agreement through both houses and to the President. We will cut $78.5 billion below the President’s 2011 budget proposal


http://www.huffingtonpost.com/2011/02/13/obama-budget-p...

Obama's new budget puts forward a plan to achieve $1.1 trillion in deficit reductions over the next decade, according to an administration official who spoke to the Associated Press on condition of anonymity in advance of the formal release of the budget.

Those reductions -- averaging just over $100 billion each year -- are achieved mainly by squeezing social programs.

[RC]

7. Where are the tax increases on those that can afford it?

Where are the taxes from the big multinational corporations?

Why do those struggling the most have to suffer to make the rich richer?

Now about those wars...

[Mickeyc1004]

8. It's 36 billion-39 billion not 78.5 billion

It appears there are some conflicting numbers.

Huffington post is reporting 39 billion, and the office of the speaker is reporting 38.5 billion and Reid said something about 78.5 billion.

If it is 39 billion. I do think that is a victory for a party that is not even in charge. I truly wish that democrats had voted in the midterm elections so it didn't have to come to this.

If people don't vote, this is what happens.

[WCGreen]

10. But we are in charge of two of the three players at the table...

Supposedly

[Mickeyc1004]

11. We lost the house and we are not in charge.

Yes, Obama could have vetoed, but that would have been foolish. They stood firm for Planned Parenthood and the EPA and I'm very happy with that.


They had no other choice. I'm around a ton of federal employees, contractors and vendors and if these people did not get paid it was going to have a destructive effect on the economy and any politician that refused to compromise. They were already angry.

However, I would have been 100% behind the shut down if republicans had stood firm on defunding Planned Parenthood. Because, if they try to take away my right of choice, then we've got issues.

[Hannah Bell]

18. it would not have been foolish at all. this charade is foolish, these cuts are foolish,

& obama is a fool or something worse.

[Ramulux]

12. It is 78.5

38.5 billion in additional cuts on top of the 40 billion Obama conceded originally.

[Mickeyc1004]

14. According to MSNBC says $38 billion

..." being cut from current spending levels".


This is for fiscal year 2011 which began October 1, 2010 which is almost over.

"Congress has passed and Obama has signed into law a series of interim spending bills, which essentially keep spending at the same level it was at in fiscal year 2010."

This is out of a $3.7 trillion budget.

I still don't see the tragedy and to me having planned Parenthood protected when we are don't have control in the house is good negotiation.

Also, none of us know what the cuts are at this point, so I'd like to find out before I damn our party to hell.

[high density]

16. Obama wanted +$40 billion

Republicans got -$38.5 billion

Hence a cut of $78.5 billion from Obama's wants.

[LSparkle]

9. As Sirota has written, "back to our future"

Except this timne it's '33 and FDR.

Bring on the double-dip.

I am no longer a reflexive Obama supporter. When
he "bragged" about the budget cuts it reminded me
Clinton trumpeting "ending welfare as we know it"
which led me to ... sorry ... reflexively disliking
his wife in '08.

Yeah, it's all back to the future, all right.

I hope to learn from my mistakes ... and that
Howard Dean risks running again.