It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
WASHINGTON – The White House budget director offered clues on Sunday to some cuts that President Barack Obama will offer in his fiscal 2012 budget proposal to answer Republican demands for deep spending reductions.
Obama is under strong pressure to cut spending and the U.S. budget deficit after Republicans routed Democrats in last November's congressional elections by pressing for spending cuts.
White House Office of Management and Budget Director Jacob "Jack" Lew wrote in an opinion article for The New York Times that Obama is willing to cut financing in half, saving $350 million, for community service block grants that cities and towns that allocate to grassroots groups for them to provide basic necessities for poor people.
This is the kind of work Obama did as a community organizer at the outset of his political career, so "this cut is not easy for him," Lew wrote.
"Yet for the past 30 years, these grants have been allocated using a formula that does not consider how good a job the recipients are doing," Lew said.
Originally posted by SestiasI personally think budget cuts should come in the form of raising taxes on the richest 2%, who will not miss it,
Originally posted by Sestias
rawstory.com
WASHINGTON – The White House budget director offered clues on Sunday to some cuts that President Barack Obama will offer in his fiscal 2012 budget proposal to answer Republican demands for deep spending reductions.
Obama is under strong pressure to cut spending and the U.S. budget deficit after Republicans routed Democrats in last November's congressional elections by pressing for spending cuts.
White House Office of Management and Budget Director Jacob "Jack" Lew wrote in an opinion article for The New York Times that Obama is willing to cut financing in half, saving $350 million, for community service block grants that cities and towns that allocate to grassroots groups for them to provide basic necessities for poor people.
This is the kind of work Obama did as a community organizer at the outset of his political career, so "this cut is not easy for him," Lew wrote.
"Yet for the past 30 years, these grants have been allocated using a formula that does not consider how good a job the recipients are doing," Lew said.
On the face of it, it looks to me like Obama is trying to appease the opposition by throwing a few tidbits their way. The dollar amounts that are being cut are pretty small, considering typical government expenditures overall.
I personally think budget cuts should come in the form of raising taxes on the richest 2%, who will not miss it, rather than to cut from community programs where every dollar makes a difference. Still, there is probably some waste and fraud in those areas, too, so it might be a good idea to rethink a lot of our programs and see where the waste is.
Originally posted by Sestias
reply to post by macman
I'm taxed also, and I am not rich. As I said before, I pay a higher rate of taxation than the top 2% do, and believe me., I miss it. So I'm making the same sacrifices the uber-rich are being asked to make and more.
The difference is I don't mind paying taxes. Somebody has got to pave my road, collect my garbage, provide public schools and libraries, deliver my mail, etc. etc. I certainly can't afford to do that myself.
I also support the social programs that we have in this country. I don't care that some recipients may not "deserve" the help, as the vast majority who qualify really do, and who am I to judge people's worthiness anyway? I would want the same assistance if I were in their shoes.
I don't think we as a country can just rely on good-hearted people to give only to those THEY want to help and IF they feel like it the day they are asked. Being poor should not subject a person to the whims of the affluent.
edit on 8-2-2011 by Sestias because: (no reason given)
Originally posted by HoldTheBeans
350 million off a 1.5 trillion budget deficit is ridiculous. They should emberrassed to even come out and announce this lunacy. Why aren't they stopping medicare fraud? Estimates say 60 billion a year is lost in fraud. Its so rampant its probably much more. Whining about having to cut 350 million cause it might hurt his community organizing resume is a joke.
Originally posted by Sestias
reply to post by saltheart foamfollower
Don't faint, everybody, but I actually agree with you.
I know the uber-rich can and do hire lawyers whose sole job is finding tax loopholes and shelters for them. A possible solution might be to change the laws and get rid of the loopholes and make everybody pay an honest percentage of their income in taxes as the middle class has to do.
As it stands now, the super-rich are paying an even smaller amount of their taxes than usual due to the continuation of the Bush tax cuts. The government is raising the deficit ceiling in order to accommodate them.
I don't mind paying my taxes, but I do mind it if I have to pay relatively more than the rich.