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Sunday, April 1, 2012

Republicans ignore Safety Net Revenues, Scare Conservative Voters with 75 year, $99 trillion spending nightmare.

The Republicans have made a huge discovery; the government in the next 75 years may spend up to $82 trillion for Social Security, Medicare, Medicaid, and other obligations. Pay no attention to the revenue side of these programs, it’s just a really, really, really big number meant to blow the small minds of conservative voters everywhere.

Lou Dobbs borrows Glenn Beck’s old black board and lays out the cooked up $82 trillion spending scenario with no mention of revenues…none. Oh, and projecting out 200 years would have even made more of an impact guys, who thought to stop at 75?


Here’s the ridiculous story as told by the conservative genius’ at the Daily Caller, who finds Sen. Jeff Sessions a much more credible source of economic information than the CBO:
Senate Republican staffers continue to look though the 2010 health care reform law  to see what’s in it, and their latest discovery is a massive $17 trillion funding gap. “The more we learn about the bill, the more we learn it is even more unaffordable than was suspected,” said Alabama Sen. Jeff Sessions, the Republicans’ budget chief in the Senate.
Watch how that $17 trillion is never quite pinned down to any specific spending, but included in two
paragraphs for grins.
The $17 trillion in extra promises was revealed by an analysis of the law’s long-term requirements. The additional obligations, when combined with existing Medicare and Medicaid funding shortfalls, leave taxpayers on the hook for an extra $82 trillion in health care obligations over the next 75 years.

The federal government has an additional $17 trillion unfunded gap in other obligations, including Social Security, bringing the total shortfall to $99 trillion. 

And yet, there’s no mention of the revenues the programs will bring in. Wow, the Republicans austerity program more drastic than I thought.
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2 comments:

  1. AnonymousApril 2, 2012 at 5:51 AM

    Only a libtard would bring up revenues from entitlement programs and not refer to them as taxes.

    ReplyDelete
  2. AnonymousApril 2, 2012 at 2:42 PM

    > Only a libtard would bring up revenues from entitlement programs and not refer to them as taxes.

    Yas, yas, we understand: The way you see it, the government should not get any of its revenues from taxes or fees. It should go find money on the sidewalk. Nickels and dimes do add up, apparently.

    Then again, until they do add up, we'll have no national defense, or health care, or Medicare, or Social Security, or public schools, or environmental protection, or fat subsidies to the oil companies, corporate agriculture and others. Nor will we have further unfunded tax cuts for the rich, or wars that are un-budgeted, as in the case of Bush's Iraq and Afghan adventures, or Medicare Part D drug benefits which are basically private subsidies to big pharma, or .... but you get my point. Or do you?

    ReplyDelete