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Why "change", you ask?
I'm glad you asked that question - Here, let me show you: Note well, the image of the scholar.... |
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Republican talking points. Clinton's military was plenty strong, but not bloated. Notice the loyal Bush supporter's inability to come to terms with the Iraq debacle.
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See, free nations are peaceful nations. Free nations don't attack each other. Free nations don't develop weapons of mass destruction. - G.W. Bush, 10/3/2003 |
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See, free nations are peaceful nations. Free nations don't attack each other. Free nations don't develop weapons of mass destruction. - G.W. Bush, 10/3/2003 |
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Another expense that began to compress and then fall by the late 90's was national debt interest, which in part was made possible by the 1993 Deficit Reduction Act, which brought in hundreds of billions in new revenues. The budget reports under Bush2 still benefit from that today, although you wouldn't know it by looking at the totals. Quote:
http://www.cbo.gov/budget/data/historical.pdf There is a delay between when fiscal policies are enacted and debt interest is affected. Only in the last couple of years are we beginning to see the increase in debt from the early 00's fiscal policies. Much of the other 1.4 percent was the strong economic growth increasing the denominator. Total spending actually increased 5.1% between 1999 and 2000 and discretionary spending increased 7.5%. Since the economy was particularly hot in the latter part of the 90's, these spending increases appeared ok as a percentage of GDP. Strong economies can hide poor spending habits. Quote: When surpluses arrived in the late 90's, Congress exploited loopholes in PAYGO and began making "emergency" appropriations. Then came 2001 and a $1.3 billion violation of PAYGO (the first tax cut) was shamelessly signed, although it was justified on the grounds of expected surpluses early that year. Still, it contained no trigger mechanisms to rollback the cuts if deficits arrived. In 2002, PAYGO officially expired and all hell broke loose. We did not see such violations when Democrats controlled Congress and the presidency. Quote:
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In contrary to your claim, PAYGO is meant to deter tax cuts when there are no offsetting measures to pay for them. Yes, Republicans are still looking to violate PAYGO, including the president, although replacing Bush with a Democrat would have been enough for compliance, since his veto threat deterred any action. Tax cuts are fun when there's no proposal to pay for them.
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See, free nations are peaceful nations. Free nations don't attack each other. Free nations don't develop weapons of mass destruction. - G.W. Bush, 10/3/2003 |
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http://www.cbpp.org/1-12-07bud.htm
__________________
See, free nations are peaceful nations. Free nations don't attack each other. Free nations don't develop weapons of mass destruction. - G.W. Bush, 10/3/2003 |
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