The Supercommittee was unable and/or unwilling to change the original distribution of $1.2 Trillion in debt reduction. These monies are passed into law, what else is there to understand? The fact the Republicans are screaming in pain over military cuts? What else is new?
1) It is intended to make cuts to discretionary appropriations and mandatory spending that add up to $1.2 trillion (less assumed debt service savings) over ten years (although no cuts occur in 2012, the first year), or 2) It is intended to reduce the deficit by $1.2 trillion (less assumed debt service savings) over the ten-year budget window. While at first blush these may seem identical, the former interpretation would produce significantly less deficit reduction in the first decade.
There is no trading tax increases for Debt Reduction. Absolutely not. Part of the problem with the National Debt is its content. It is a mess of inappropriate and pork barrel spending. It needs to be gone!
The tax increases are to support the National Budget, not the inappropriate spending of the war mongers in the country. What makes the Republicans believe this country consents to their priorities?
Paying down the National Debt means we finally rid the country of grossly misappropriated funds. There is no going BACK.
Another thing. How is it, the action of drones in nations such as Yemen extends past 90 days? Spy drones without weapons are understandable, but, armed drones in a NEW KIND OF WAR, requires passage of legislation past the 90 day War Powers Act of the President.
There is no unlimited War on Terror. There is not and was never a war on terror. There was an appropriate war in Afghanistan to end the entrenchment of international criminals attacking the USA. By the way, it was after the fact they over threw a stable government there. But, who cares about that?
There was the wrongful war into Iraq, but, there is no such thing as The War on Terror. It doesn't exist. So, where is the declaration of war on nations where armed drones are present beyond 90 days? Congress can't discern the need for such legislation? Seriously, all the military committees and national defense committees in either house can't discern what a war is and what a war is NOT.
Well, why not simply continue to waste money on military spending that results in hideous technology that can't even get off the ground and allow more pork barrel spending on a bloated military budget. Why not play politics with the USA Treasury under the 'evil empire' of the War on Terror. The Republicans need to continue to propagate an imaginary enemy to maintain their culture of fear?
The so called Sequester is LAW in the USA. The Republicans facilitated that law in hopes of manipulation in the future. I don't think so. They have until March 1, 2013 to come up with distributions of the reduction in the national debt so the USA economy does not have a hard landing. If they can't do that, then feel the pain.
