I am willing to wait to see Reid's deal before saying it is bad

dsc

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Sun Jul-24-11 09:40 PM
Original message

I am willing to wait to see Reid's deal before saying it is bad

Apparently over a trillion of the cuts is coming from our leaving Iraq which is a very good thing indeed. Let's see where the rest of the cuts are, if they are mostly in defense or similar programs then good for us. If not, then bad for us.

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gateley

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Sun Jul-24-11 09:43 PM
Response to Original message

1. Although, someone just posted that the Pentagon is requesting?

advising? we stay.

But you're right -- as with all this stuff, there is nothing final, no bill presented, nothing voted on and passed yet.

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Vattel

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Sun Jul-24-11 09:43 PM
Response to Original message

2. I don't see how that is possible.

Obama was only requesting 11 billion for Iraq FY2012. How could spending less on Iraq save a trillion dollars?

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dsc

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Sun Jul-24-11 09:50 PM
Response to Reply #2

3. truthfully I haven't a clue

though 11 billion sounds insanely low to me. I would imagine he is pulling the same deal Pelosi was by counting the interest saved as well. But even then it would have to be around 75 billion a year to even come close to being a trillion.

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Kaleva

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Sun Jul-24-11 10:16 PM
Response to Reply #2

5. That's assuming we keep the same size force in Iraq for the next ten years.

Edited on Sun Jul-24-11 10:19 PM by Kaleva

I also think that includes our forces in Afghanistan. i believe the request for war fighting in both countries was over a 100 billion this year alone. Stretch that out over 10 years and there is the 1 trillion plus.

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Vattel

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Mon Jul-25-11 05:47 AM
Response to Reply #5

10. That makes more sense.

He was requesting about 107 billion for the war in Afghanistan. If we are really ending combat missions in Afghanistan by the end of 2014, that figure could come way down pretty quick. But it's odd to think of that as a savings rather than an expected reduction in OCO expenses.

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woolldog

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Sun Jul-24-11 09:55 PM
Response to Original message

4. I don't like the way this whole thing has gone down

backroom deals, the big three being put on the table-either for real or as bargaining chips, congress trying to ram through cuts and taxes at the last minute without any debate etc. The whole process troubles me, seems undemocratic, and lacks transparency. Whatever happens or is decided our democracy has lost a little something.

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krawhitham

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Sun Jul-24-11 11:34 PM
Response to Original message

6. if it has no revenues how can it be anything but bad?

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dsc

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Mon Jul-25-11 02:06 AM
Response to Reply #6

8. remember the Bush tax cuts are highly unlikely to be renewed this time

thanks to the gridlock in congress.

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krispos42

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Sun Jul-24-11 11:36 PM
Response to Original message

7. Do you really have to? Do we really have to?

Is there ANY chance it will be primarily tax increases on the wealthy and budget cuts to carbon-fuel subsidies and Pentagon cost-plus contracts?

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DCBob

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Mon Jul-25-11 05:21 AM
Response to Original message

9. This deal could pass.. its just "bad" enough to get the moderate GOPers in the House.

and just "good" enough to get most of the Dems.

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